PPT-Depreciation Accounting

BY ASST PROF DR J SAHA DEPARTMENT OF COMMERCE Depreciation Accounting Definition A measure of the wearing out consumption or other loss of value of depreciable assets . Chapter . 12. Accrued depreciation. Age-life method. Book value. Capitalized income method. Cost basis. Cost-to-cure method. Curable depreciation. Curable postponed. Current-value accounting. Deferred maintenance. Depreciation and Bad Debts. Outline of Lecture. Depreciation. Bad Debts. Provision for Bad Debts. Exercises. Lecturer: Chara Charalambous . 3. Depreciation. According to IAS 16 ‘Depreciation is the measure of the cost of the tangible - fixed asset that has been consumed during the period’ . Intermediate Accounting. IFRS 2nd . Edition. Kieso, Weygandt, and Warfield. . 11. Explain the accounting procedures for depletion . of mineral . resources.. Explain . the accounting for revaluations.. in Accrual Accounting. . G.vijaya. . kumar. . Prof.nac. Introduction:. . Schedule XIV has been replaced with schedule II for depreciation calculation. Asst.Prof. Dr. Panchat Akarak. p.thipnew1@hotmail.com. School of Accounting . Chiang Rai Rajabhat University. Adjusting . the Accounts . -Accrual Basis. -Errors Recorded. -Financial information Quality . ACCOUNTING. AN ECONOMIC DEVELOPMENT. ACCUSER. OF ACCOUNTING INFORMATION . OUTING. AS AN A INFORMATION SYSTEM. FACTORES INFLUENCING ACCOUNTING ENVIRONMENT. ACCOUNTING STANDERDS . ACCOUNTING PRINCIPLE . 30. Chapter 9. Contemporary Engineering Economics. Copyright © . 2016. Chapter Opening Story . Delta Airlines has invested $100 million in improving luggage handling technology and equipment.. How. does the cost of this . Chapter . 12. Accrued depreciation. Age-life method. Book value. Capitalized income method. Cost basis. Cost-to-cure method. Curable depreciation. Curable postponed. Current-value accounting. Deferred maintenance. Income Tax Fundamentals 2011 . Gerald E. . Whittenburg. &. Martha Altus-. Buller. Student Copy. 2011 Cengage Learning. Accounting Periods. Partnerships/S-Corporations may elect to adopt a different fiscal tax year from the one prescribed on previous slide, but only. Operational Assets. Acct 2210 - Chapter 8. McGraw-Hill/Irwin. McGraw-Hill/Irwin. Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.. LO 1. Identify different types of long-term operational assets.. Operational Assets. Acct 2210 - Chapter 8. McGraw-Hill/Irwin. McGraw-Hill/Irwin. Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.. LO 1. Identify different types of long-term operational assets.. except. the following :-. Forests, plantations and similar regenerative natural resources; . Wasting assets including expenditure on the exploration for and extraction of minerals, oils, natural gas and similar non-regenerative resources; . Resource 2016. Local Government Corporation. Capital Assets. Certified Continuing Professional Education Class. 2. -hour credit. Must remain for the entirety of the class to receive CPE credit. Must sign in and sign out to receive CPE credit. 16th . Edition. Kieso . ●. . Weygandt . ●. . Warfield. . Identify . types of accounting changes and understand the accounting for changes in accounting principles. .. Describe . the accounting for changes in estimates and changes in the reporting entity..