Can a fully depreciated asset be revalued?

Useful life is an accounting estimate and if you find out that it is different from what you initially set, you need to book this change in line with the standard IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. None, of course – because the...

Role of Artificial Intelligence in Legal Firms

Lawfirms and AI How do Lawyers Use AI in their Practice Rather, I think the interesting question is how we build effective human and computer collaborations, in a way that allows us to get the best out of both players – the technology and the human professional....