Valuation and depreciation of fixed assets

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The valuation and depreciation of fixed assets are covered by both mandatory accounting standards and the Companies Acts as sources of authority.

Requirement

Identify the main accounting issues involved in the valuation and depreciation of fixed assets and discuss to what extent these are addressed in the above sources of authority.

Reference no: EM13954465

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Valuation and depreciation of fixed assets : The valuation and depreciation of fixed assets are covered by both mandatory accounting standards and the Companies Acts as sources of authority.
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