Deloitte and Depreciation charge: Difference between pages
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imported>Doug Williamson (Update and expand. Source: Deloitte webpage https://www2.deloitte.com/uk/en/legal/about-deloitte.html) |
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''Financial reporting - tangible fixed assets.'' | |||
Accounting depreciation spreads the cost of a long-term tangible asset over its total life. | |||
The accounting ''charge for depreciation'' reflects: | |||
* the estimated periodic cost to a business | |||
* of a physical capital asset | |||
* spread over its estimated useful economic life. | |||
Also known as ''depreciation expense.'' | |||
== See also == | == See also == | ||
*[[ | * [[Accruals accounting]] | ||
*[[ | * [[Accumulated depreciation]] | ||
*[[ | * [[Amortisation]] | ||
*[[ | * [[Appreciation]] | ||
* [[Assets]] | |||
* [[Capital allowances]] | |||
* [[Capitalisation]] | |||
* [[Cost]] | |||
* [[Depreciation]] | |||
* [[EBITDA]] | |||
* [[Net book value]] | |||
* [[Property, plant and equipment]] | |||
* [[Provision for depreciation]] | |||
* [[Reducing balance]] | |||
* [[Straight line]] | |||
* [[Sum of the digits]] | |||
* [[Tangible asset]] | |||
* [[Tax depreciation]] | |||
* [[Writing down allowance]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] |
Latest revision as of 21:40, 2 November 2021
Financial reporting - tangible fixed assets.
Accounting depreciation spreads the cost of a long-term tangible asset over its total life.
The accounting charge for depreciation reflects:
- the estimated periodic cost to a business
- of a physical capital asset
- spread over its estimated useful economic life.
Also known as depreciation expense.
See also
- Accruals accounting
- Accumulated depreciation
- Amortisation
- Appreciation
- Assets
- Capital allowances
- Capitalisation
- Cost
- Depreciation
- EBITDA
- Net book value
- Property, plant and equipment
- Provision for depreciation
- Reducing balance
- Straight line
- Sum of the digits
- Tangible asset
- Tax depreciation
- Writing down allowance