Depletion: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: Shell Annual Report 2017.) |
(No difference)
|
Revision as of 09:27, 30 January 2019
1.
Depletion is a reduction in the amount of an asset, often the quantity of a finite physical asset such as oil and gas reserves.
2.
Accounting.
Depletion also refers to the accounting recognition of the reduction in value of physical reserves, such as oil and gas.
It is similar to depreciation and amortisation.
