Archive for เมษายน, 2022

When a capital asset is impaired, the periodic amount of depreciation is adjusted moving forward. Retroactive changes are not required for adjusting the previous depreciation already taken. However, depreciation charges are recalculated for the remainder of the asset’s useful life based on the impaired asset’s new carrying value as of the date of the impairment. A credit loss refers to the difference between all due contractual cash flows to an entity in accordance with the contract and all the cash ...