Depreciation in accounting refers to the allocation of a physical asset’s original cost over its life expectancy or useful life. Depreciation is supposed to represent how much value of an asset ...

Accelerated depreciation is allowed as an incentive to encourage companies to make new investments in specific industries and areas. It allows businesses to write down the value of their plant and ...

There are several ways a business can depreciate an asset—namely through straight line or accelerated modes. For an accelerated depreciation schedule, sum-of-years digits is typically the most common.

A higher depreciation rate for these batteries can help higher adoption of these batteries, which can decrease dependence on diesel for power back-up, according to the telecom tower industry body.

The goal of accounting is to produce fair and accurate statements about a company's financial performance and condition. An underlying principle of accounting is to connect the expenses that are ...

Accounting for depreciation can be a helpful accounting trick when businesses make a major purchase. Depreciation has several different meanings, depending on the context in which it’s being used.

Wind turbine maker Suzlon Energy expects to receive additional orders worth about Rs 3,250 crore this fiscal on the back of government re-instating the accelerated depreciation scheme. The accelerated ...

Tax credits are important for businesses aiming to maximize profitability and sustainable growth. Bonus depreciation is a key tax provision that has gained considerable attention. It enables companies ...