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Listed entity change in method of depreciation

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Mahesh

Executive

23 Points Posted on 30 January 2024

Hi,

Are you aware of any listed entity which has changed its method of depreciation recently? From SLM to WDV or vice versa. Please name

Replies (5)

Quick Summary

This discussion explores recent changes in depreciation methods among listed entities, specifically shifts between the Straight-Line Method (SLM) and Written Down Value (WDV) methods. Shoppers Stop is mentioned as a potential example, with a link provided to an article discussing the impact of such policy changes on their financial performance. The importance of mandatory disclosure of these changes in company accounts is also highlighted.

Yasaswi Gomes new

Finance

4592 Points Posted on 31 January 2024

Shopper stop changed and some relief in this article about general depreciation measures

https://relyonsoft.com/blogs/latest-changes-in-depreciation-rule-as-per-companies-act-2013/

sabyasachi mukherjee

Profession

28271 Points Posted on 31 January 2024

The reason for such changes must be disclosed in notes on accounts for financial statements.

Mahesh

Executive

23 Points Posted on 31 January 2024

Hi, I checked shoppers stop's annual reports since 2020, Are you sure it's shoppers stop which has changed its depreciation method from wdv to slm or vice versa