Accounting for depreciation: the valuation and matching approaches: concepts and application / Ahmad Hamdan
Depreciation of fixed assets is an integrated part of the accounting system. In fact, it is required by the Standards, in particular the International Accounting Standards No. 4 (IAS 4) and also the Statement of Standard Accounting Practice No. 12 (SSAP 12) , that fixed assets should be depreciated...
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Format: | Student Project |
Language: | English |
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Online Access: | https://ir.uitm.edu.my/id/eprint/93185/1/93185.pdf https://ir.uitm.edu.my/id/eprint/93185/ |
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Summary: | Depreciation of fixed assets is an integrated part of the accounting system. In fact, it is required by the Standards, in particular the International Accounting Standards No. 4 (IAS 4) and also the Statement of Standard Accounting Practice No. 12 (SSAP 12) , that fixed assets should be depreciated over the period of their useful life on a systematic basis. Depreciation can have a significant effect in determining and presenting the financial position and results of operations of enterprises. |
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