ACCOUNTING FOR NON-CURRENT ASSETS

What is a noncurrent asset?

What Is Fixed Asset

Fixed Assets (IAS 16): Definition, Recognition, Measurement, Depreciation, and Disclosure

How to determine the depreciation rate for fixed assets?

The 4 methods of depreciation are as follows:

• Straight-line

• Double declining

• Sum of year’s digits

• Units of production

Accounting for Disposals

Statement of Financial Position [Balance Sheet]

"Enjoy Learning Accounting"

Regards:

Sanisah Hanim Jiman