Want to change from SLM to WDV....
The companie is Amalgameted in 2006...
The Actual Date of purchase is not Available of amalgameted companie.....
so plz tell me right effect for change in Accounting Policy
plz reply fast..
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Change in method of depriciation for amalgameted companies
Replies (1)
Change of accounting policy is done only when required by law, AS or provide better presentation.
For changing dep. method you will need to recalculate new dep. from date of purchase till date and adjust the amount with prov. for dep.
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