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Fair value Vs. Depreciation

AS 1021 views 1 replies

Can Depreciation be called Fair value adjustment?

 

Please give reference to your answers ( AS, IFRS etc)

 

Thanks,

 

Anil.

 

Replies (1)
Originally posted by :Anil
" Can Depreciation be called Fair value adjustment?
 
Please give reference to your answers ( AS, IFRS etc)
 
Thanks,
 
Anil.
 
"


 

I think it is not..it is not only fairvalue adjustment.

u Should refer AS-6 for Dep Meaning...


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