Depreciation - Revision history

Doug: Remove surplus link.

2024-08-10T05:23:44Z

Remove surplus link.

← Older revision		Revision as of 05:23, 10 August 2024
Line 71:		Line 71:
	* [[International Financial Reporting Standards]] (IFRS)		* [[International Financial Reporting Standards]] (IFRS)
	* [[International Fisher Effect]]		* [[International Fisher Effect]]
	* [[International Financial Reporting Standards]] (IFRS)
	* [[Net book value]]		* [[Net book value]]
	* [[Property, plant and equipment]] (PPE)		* [[Property, plant and equipment]] (PPE)

2024-08-10T05:19:13Z

Remove surplus link.

← Older revision		Revision as of 05:19, 10 August 2024
Line 70:		Line 70:
	* [[Intangible assets]]		* [[Intangible assets]]
	* [[International Financial Reporting Standards]] (IFRS)		* [[International Financial Reporting Standards]] (IFRS)
	* [[Intangible assets]]
	* [[International Fisher Effect]]		* [[International Fisher Effect]]
	* [[International Financial Reporting Standards]] (IFRS)		* [[International Financial Reporting Standards]] (IFRS)

2024-08-10T05:18:38Z

Add link.

← Older revision		Revision as of 05:18, 10 August 2024
Line 14:		Line 14:


	Methods of spreading the total accounting cost include Straight line, Reducing balance and Sum of the digits.		Methods of spreading the total accounting cost on a time basis include Straight line, Reducing balance and Sum of the digits.

			Units of production is another common method.


	Financial reporting standards generally permit the use of any systematic basis of allocating the total cost over the useful life of the asset.		Financial reporting standards generally permit the use of any systematic basis of allocating the total cost over the useful life of the asset.
Line 33:		Line 36:

	Under International Financial Reporting Standards (IFRS), the relevant standards are IAS 16 for tangible longer-term assets, and IAS 38 for intangible longer-term assets.		Under International Financial Reporting Standards (IFRS), the relevant standards are IAS 16 for tangible longer-term assets, and IAS 38 for intangible longer-term assets.


			Tax rules generally differ from the accounting, with the tax rules being much more prescriptive.

2024-08-10T05:16:28Z

Add links.

← Older revision		Revision as of 05:16, 10 August 2024
Line 58:		Line 58:
	* [[Cost]]		* [[Cost]]
	* [[EBITDA]]		* [[EBITDA]]
	* [[IAS 16]]		* [[Financial reporting]]
	* [[IAS 38]]		* [[IAS 16]] (Tangible assets - Property, plant and equipment)
			* [[IAS 38]] (Intangible assets)
	* [[Impairment]]		* [[Impairment]]
			* [[Intangible assets]]
			* [[International Financial Reporting Standards]] (IFRS)
	* [[Intangible assets]]		* [[Intangible assets]]
	* [[International Fisher Effect]]		* [[International Fisher Effect]]

2023-01-31T12:01:29Z

Add links.

← Older revision		Revision as of 12:01, 31 January 2023
Line 30:		Line 30:

	Some accounting jurisdictions use the term ''amortisation'' both for this aspect of accounting both for tangible and intangible assets.		Some accounting jurisdictions use the term ''amortisation'' both for this aspect of accounting both for tangible and intangible assets.


			Under International Financial Reporting Standards (IFRS), the relevant standards are IAS 16 for tangible longer-term assets, and IAS 38 for intangible longer-term assets.


Line 56:		Line 59:
	* [[EBITDA]]		* [[EBITDA]]
	* [[IAS 16]]		* [[IAS 16]]
			* [[IAS 38]]
	* [[Impairment]]		* [[Impairment]]
	* [[Intangible assets]]		* [[Intangible assets]]
	* [[International Fisher Effect]]		* [[International Fisher Effect]]
			* [[International Financial Reporting Standards]] (IFRS)
	* [[Net book value]]		* [[Net book value]]
	* [[Property, plant and equipment]]		* [[Property, plant and equipment]] (PPE)
	* [[Provision]]		* [[Provision]]
	* [[Reducing balance]]		* [[Reducing balance]]

2023-01-31T11:57:57Z

Add links.

2022-07-18T22:53:08Z

Add link.

2022-05-02T11:04:01Z

Mend link.

← Older revision		Revision as of 11:04, 2 May 2022
Line 55:		Line 55:
	* [[EBITDA]]		* [[EBITDA]]
	* [[Impairment]]		* [[Impairment]]
	* [[Intangible ~~asset~~]]		* [[Intangible assets]]
	* [[International Fisher Effect]]		* [[International Fisher Effect]]
	* [[Net book value]]		* [[Net book value]]

2022-05-02T11:03:44Z

Expand for alternative naming.

← Older revision		Revision as of 11:03, 2 May 2022
Line 27:		Line 27:

	The cumulative provision for depreciation is a liability in the balance sheet. It's offset against the cost of the assets, to calculate their accounting net book value.		The cumulative provision for depreciation is a liability in the balance sheet. It's offset against the cost of the assets, to calculate their accounting net book value.


			Some accounting jurisdictions use the term ''amortisation'' both for this aspect of accounting both for tangible and intangible assets.


Line 52:		Line 55:
	* [[EBITDA]]		* [[EBITDA]]
	* [[Impairment]]		* [[Impairment]]
			* [[Intangible asset]]
	* [[International Fisher Effect]]		* [[International Fisher Effect]]
	* [[Net book value]]		* [[Net book value]]

2021-11-06T20:08:14Z

Add link.

← Older revision		Revision as of 20:08, 6 November 2021
Line 51:		Line 51:
	* [[Cost]]		* [[Cost]]
	* [[EBITDA]]		* [[EBITDA]]
			* [[Impairment]]
	* [[International Fisher Effect]]		* [[International Fisher Effect]]
	* [[Net book value]]		* [[Net book value]]