Home page     Downloads      Privacy policy     Disclaimer & terms of use     Contact us     Advertise with us     About us      Link to us

Home Accounting For Depreciation Depreciation, Depletion and Amortization
 

Depreciation, Depletion and Amortization:

Learning Objectives:

  1. What is the difference among depreciation, depletion, and amortization.

Depreciation:

The term depreciation is used with reference to tangible fixed assets because the permanent continuing and gradual fall in book value is possible only in the case of fixed asset.

Depletion:

The term depletion is used for the depreciation of wasting assets such as mines, oil wells, timber trees etc.

Amortization

The term amortization is used in respect of intangible assets like patents, copyrights, leasehold and goodwill which are recorded  at cost. Some intangible assets have limited useful life and are, therefore, written off. The process of their writing off is called amortization.  

You may also be interested in ot

You may also be interested in other articles from "accounting for depreciation" chapter:

  1. Definition and Explanation of Depreciation
  2. Causes of Depreciation
  3. Need for Depreciation
  4. Depreciation, Depletion and Amortization
  5. Difference Between Depreciation and Fluctuation
  6. Basic Factors of Determination of Depreciation
  7. Depreciation Methods / Methods for Providing Depreciation
  8. Fixed Installment Method / Straight Line Method / Original Cost Method
  9. Diminishing balance/written Down Value/Reducing Installment Method of Depreciation
  10. Annuity Method of Depreciation
  11. Depreciation Fund Method or Sinking Fund Method
  12. Insurance Policy Method of Depreciation
  13. Revaluation Method of Depreciation
  14. Sum of the Years' Digits Method of Depreciation
  15. Double Declining Balance Method of Depreciation
  16. Depletion Method of Depreciation
  17. Basis of Use System of Depreciation
  18. Depreciation Of Various Assets
  19. Depreciation Accounting - General Questions and Answers

 

Downloadable Materials

Learn Accounting Easily With AccountingCoach Pro

View Online or Download all of the materials to Your Computer and Print Immediately

What is Included in Accounting Book
Downloadable Self-Study Materials ( Available in Word Editable Format)
Help in preparation of Online Exams (Available in Word Editable Formatt)
Solved Accounting Problems
Bookkeeping and Financial Statements

Back to Home Page | Back to Accounting For Depreciation Page

Managerial Accounting

 
Introduction to Managerial Accounting
Business and Quality Improvement Programs
Cost Terms, Concepts and Classification
Job Order Costing system
Process Costing System
Process Costing System - Addition of Materials & Beginning Inventory
Controlling and Costing Materials
Materials and Inventory Cost Control
By Products and Joint Products Costing
Cost-Volume-Profit-Relationship
Variable Costing System
Activity Based Costing System
Budgeting and Planning
Standard Costing and Variance Analysis
Gross Profit Analysis
Linear Programming Technique
Segment Reporting and Transfer Pricing
Capital Budgeting Decisions
Service Department Costing
Cash Flow statement
Financial statement Analysis
Pricing Products and Services
Managerial Accounting Terms and Definitions
Managerial / Cost Accounting Formulas

Financial Accounting

 
Bookkeeping and Bookkeeping Terms
Accounting Principles and Accounting Equation
Journal
Ledger
Accounting For Bills of Exchange
Subdivision of Journal
Final Accounts
Capital and Revenue Items
Single Entry System/Accounting From Incomplete Records
Accounting For Non-Trading Concerns
Accounting for Consignment / Consignment Accounts
Accounting for Joint Ventures
Accounting for Depreciation

About us !

 
Also see formula of gross margin ratio method with financial analysis, balance sheet and income statement analysis tutorials for free download on Accounting4Management.com.Accounting students can take help from Video lectures, handouts, helping materials, assignments solution, Online Quizzes, GDB, Past Papers, books and Solved problems. Also learn latest Accounting & management software technology with tips and tricks.

Home page   Download Material   Privacy policy   Disclaimer & terms of use   Contact us   Advertise with us   About us   Useful links   Link to us

Copyrights of all content on this web site are owned by Accounting For Management except where indicated in source or copyright statements. Accounting For Management must be contacted for permission to copy or redistribute any material published on this website.
Copyright 2014 Accounting For Management. All rights reserved.