Units of production
Recognizes the use of an asset
The method used should match the
asset's usage pattern
Most commonly used me
Meaning and Definition
The term depreciation refers to fall in the value or utility of fixed assets which are used in operations
over the definite period of years. In other words, depreciation is the process of spreading the cost of
Tax Law Design and Drafting (volume 2; International Monetary Fund: 1998; Victor Thuronyi, ed.)
Chapter 17, Depreciation, Amortization, and Depletion
Depreciation, Amortization, and Depletion
Richard K. Gordon
Strictly speaking, the calculation of inco
NPTEL Civil Engineering Construction Economics & Finance
Construction Economics & Finance
Depreciation:It represents the reduction in market value of an asset due to age, wear and tear and
obsolescence. The physical deterioration of the
By the end of this chapter, you will be able to:
Describe the Asset Management Depreciation Calculation process flow.
Understand the Run Controls.
Run the Depreciation Calculation batch process.
Some seed cleaning equipment was purchased in 2009 for $8,500 and is depreciated by the double
declining balance (DDB) method for an expected life of 12 years. What is the book value of the
equipment at the end of 2014? Origin
DEVELOPING A HANDBOOK FOR CONSTRUCTION
EQUIPMENT MANAGEMENT AND
RUSSELL V. SEIGNIOUS
A REPORT PRESENTED TO THE GRADUATE COMMITTEE OF THE
DEPARTMENT OF CIVIL ENGINEERING IN PARTIAL FULFILLMENT OF THE
REQUDREMENNTS FOR THE DEGREE OF MASTER
Frequently Asked Questions
 Can I deduct the cost of the equipment that I buy to use in my business?
 Are there any other capital assets besides equipment that can be depreciated?
 Can I depreciate the cost of land?
 How do I depr
The cost and expense of purchasing and installing assets is capital cost and
With a few exceptions assets lose their original value as they get older and more used
(quite independently of the costs incurred in repairing and
Time Value of Money
The amount of money left in a saving account for a
period of time may be calculated by using the equation
Where F= value at the end of n periods (future value)
P= Present value
i= interest rate per p