Sample Disclosure – Note On Review Of Residual Values And Remaining Useful Life Of Property, Plant And Equipment (14 October 2009)

Review Of Residual Values And Remaining Useful Life Of Property, Plant And Equipment

FRS 116: Property, Plant and Equipment requires that the review of the residual values and remaining useful life of an item of property, plant and equipment to be conducted at least at each financial year end. Such review has been completed and the directors have concluded that there were no revisions required to be made this year.

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