Regarding Deferred Tax Asset presentation under the topic Corporate Taxes.
2 Answer(s)
Binny
The IT department has very broad rules on how to depreciate different classes of assets.
However, in real life these depreciation time periods differ from company to company based on asset usage / wear and tear. Hence the IT department offers general guidelines that have to be followed while the individual companies have their own policies. Hence the adjustments needed.
Feb 18 2013 11:11 PM
However, in real life these depreciation time periods differ from company to company based on asset usage / wear and tear. Hence the IT department offers general guidelines that have to be followed while the individual companies have their own policies. Hence the adjustments needed.