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CASE STUDY
AS 6 DEPRECIATION http://www.mca.gov.in/Ministry/notification/pdf/AS_6.pdf http://www.moneycontrol.com/annual-report/tatamotors/accounting-policy/TM03 http://www.moneycontrol.com/annual-report/relianceindustries/accountingpolicy/RI http://www.moneycontrol.com/annual-report/prajindustries/accounting-policy/PI17
CASE STUDY
AS 10 FIXED ASSETS http://220.227.161.86/252as10new.pdf http://www.moneycontrol.com/annual-report/tatamotors/accounting-policy/TM03 http://www.moneycontrol.com/annual-report/relianceindustries/accountingpolicy/RI http://www.moneycontrol.com/annual-report/prajindustries/accounting-policy/PI17
Cost
8,00,000 8,00,000
Depreciation
2,54,960 1,73,705
Accumulated depreciation
2,54,960 4,28,665
http://www.basic-mathematics.com/nth-root-calculator.html
2.
In question 1, what would be the impact on the income statement had the company changed the method from reducing balance to SLM in year 2?
What is the impact of the change in the accounting policy of jet airways on its net earnings? Why is the policy not followed from the beginning? What has changed in the year 2009 to warrant such a policy change?
3.