Depreciation, Amortization and Depletion

Course details

This course addresses the three important fixed production cost elements resulting from acquiring various assets including tangible assets (cost expressed as depreciation), non-tangible assets (cost expressed amortization) and non-renewable resources/ assets (cost expressed as depletion).To this extent , the course provides full explanations regarding asset acquisition costs, service life, economic life, depreciate amount, salvage/scrap value, book value, depreciation accruals, accumulated depreciation and other related concepts.

To provide in-depth understanding, depreciation is considered in terms of its various contexts including decline in value, deterioration of assets, obsolescence, asset replacement and others. Taxation, depreciation and tax holiday are also considered showing various depreciation mathematical calculation models reflecting accelerated, decelerated and uniform depreciation. Detailed comparative calculations applying various models and procedures for different countries applying different depreciation/taxation rules for several assets are also presented.