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Can i chang the useful life for the assets same category but different trad mark for example machine china made and -Germany made ?

can we change the fixed assets useful life for same machine

Asset Management Asset Assets Recovery CMA Fixed Assets
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Question added by ahmed mohamed elbeshouty , general accountant , first economic company
Date Posted: 2018/08/08
Upvote (0) Views (4) Followers (2) Answers (2) Report Question
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MOHAMED EL SHAFIE
by MOHAMED EL SHAFIE , chief accounts , عبد الله الشربتلي

Yes , we can , as Fixed Assets can be adjusted , it’s an entry so it could be wrong and accept adjustments

Abdu Elshahir CMA Dipifr
by Abdu Elshahir CMA Dipifr , financial manager , Alrasail For communication

Yes it is up to the company estimation when the reason is existent .

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