ClarificationAS_10
Official PDF (p. 2)AS_10 · AS 10 / Component Depreciation
AS 10 Property, Plant and Equipment: Component Accounting and Useful Life Estimates
Applicable from 2026-12
Attempt Applicability
2026-06:Excluded
2026-12:Applies
Statutory Comparison
Prior PositionPre-amendment
Depreciation computed on composite assets without explicit mandatory component breakdown for medium enterprises.
New PositionAmended
Clarification on component-level accounting for significant parts of an item of PPE and treatment of subsequent replacement costs.
Affected Syllabus Chapters
financial-accounting
accounting-standards
Code: accounting-standards
Authority Document Reference
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