Depreciation expense

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Financial reporting - tangible fixed assets.

Accounting depreciation spreads the cost of a long-term tangible asset over its total life.

The accounting depreciation expense reflects:

  • the estimated periodic cost to a business
  • of a physical capital asset
  • spread over its estimated useful economic life.


Also known as depreciation charge.


See also