Do companies have too much freedom to determine the methods and rates of depreciation that they use

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Do companies have too much freedom to determine the methods and rates of depreciation that they use for their published accounts?

Where governments specify methods and rates of depreciation to be used to calculate profits for taxation purposes, should companies be required to use those same rates in their published accounts?

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Accounting Understanding And Practice

ISBN: 9780077139131

4th Edition

Authors: Robert Perks

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Question Posted: May 07, 2024 06:00 AM

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Do companies have too much freedom to determine the methods and rates of depreciation that they use

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The freedom companies have to determine depreciation methods and rates for their published accounts is a contentious issue that involves balancing tra...View the full answer

Accounting Understanding And Practice

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