Listed entity change in method of depreciation

Others 749 views 5 replies

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)

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/

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

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

https://m.economictimes.com/industry/services/retail/change-in-depreciation-policy-may-help-shoppers-stop-bottomline/articleshow/5137428.cms

Macr depreciation is adopted for wind industry it seems. Check that out as well

Such disclosure is mandatory


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