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متابعة

Can you kindly name any Fixed Asset that doesn't "Depreciate"?

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تم إضافة السؤال من قبل Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union
تاريخ النشر: 2015/08/09
Waseem ahmad Buth
من قبل Waseem ahmad Buth , Process executive , cognizant

Land is the only fixed asset that don't depreciate.

Asad Ahmed
من قبل Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.

"Land" is also comes in the Fixed Assets but the depreciation is not apply on the land.

Faheem Mohammed
من قبل Faheem Mohammed , Accounts & LC Officer , Labab Works Contracting Co. Ltd

Land is the answer.........................

Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Land is the asset which doesn't depreciate.

Yusuf Ogunshola
من قبل Yusuf Ogunshola , Accountant , TECHNIXS ENERGY SERVICES LTD

Land................................................................................

Ahmed Abdi Mahad
من قبل Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

All fixed assets depreciate except land.

So, land is the answer for your question

   

Said Shaban
من قبل Said Shaban , Accountant , Tri State Materials Testing

The Land ------------------

Mohammed Ibrahim AlAgroud
من قبل Mohammed Ibrahim AlAgroud , Credit Supervisor , Sulfah Financing Company

LAND is the fixed assets which is not depreciate. 

Md. Moshiur Rahman Sumon
من قبل Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited

Land is the perfect Fixed Assets on which depreciation does not applied .Moreover at the end of any specified period it would have valued considering  the market value.

Ansary Masacal, CPA
من قبل Ansary Masacal, CPA , State Auditor II , Commission On Audit

The answer is Land... it wouldn't depreciate instead price appreciate

 

Mustafa Haider
من قبل Mustafa Haider , Assistant Manager Accounts , Kamal Hosiery Mill

LAND IS FIXED ASSET THAT IS NOT DEPRECIATED or any non current asset that recognised as  held for sale cannot be depreciated untill no longer meet criteria of IFRS5

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