Business Studies, asked by shibanidash7238, 8 months ago

Elaborate the auditors duties regarding depreciation

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Answered by Anonymous

Explanation:

Auditor's Duty Regarding Depreciation

The Auditor cannot be held responsible for estimating the working life of an asset; it is the job of an expert valuer. ... Depreciation should be charged on revalued amount, if there is revaluation of assets.

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