Can We Change Useful Life of PPE? | ACCA FR SBR Concept Explained | Sir Abeel Ahmed

In this video, we explain whether the Useful Life of Property Plant and Equipment can be changed in ACCA Financial Reporting and Strategic Business Reporting, clearly explained with full accounting treatment and
exam application!

What You Will Learn:

— What is Useful Life of PPE under IAS 16?
— Can Useful Life of PPE be changed under IFRS?
— What triggers a review and change of Useful Life?
— Is a change in Useful Life a change in estimate or policy?
— How to account for a change in Useful Life under IAS 8
— How to recalculate depreciation after Useful Life change
— How this change affects financial statements
— How examiners test this concept in FR and SBR questions
— Common mistakes students make on this topic
— Key exam technique for PPE and depreciation questions
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Видео Can We Change Useful Life of PPE? | ACCA FR SBR Concept Explained | Sir Abeel Ahmed канала ASA (Abeel School Of Accountancy)