Revision of Software useful file
What could be evidence for justifying software life revision from 5 years to 3 years. So that prospective application of change.
Revised useful life of Assets
Dear all If the life of an Asset is revised. Should we give effect retrospectively or prospectively. Please give refernce from IFRS/IAS. and is it mandotary to revise the whole class of assets life. e.g if one truck is working in desert /rough areas an...