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
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Listed entity change in method of depreciation
Replies (5)
Quick Summary
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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