Which of the following is an IAS 16 disclosure requirement for each class of property, plant and equipment?
All are correct
The gross carrying amount and accumulated depreciation (aggregated with accumulated impairment losses) at the beginning and end of the period
The useful lives or depreciation rates used
The measurement bases used for determining the gross carrying amount
The depreciation methods used
According to IAS 16, the disclosure requirements for each class of property, plant, and equipment include the following:
- The gross carrying amount and accumulated depreciation (aggregated with accumulated impairment losses) at the beginning and end of the period.
- The useful lives or depreciation rates used for different classes of property, plant, and equipment.
- The measurement bases used for determining the gross carrying amount.
- The depreciation methods used.
Therefore, all of the options provided are correct and represent disclosure requirements under IAS 16.
