Double Declining Depreciation

Discussion in 'Accounting Software' started by Ming, Nov 5, 2004.

  1. Ming

    Ming Guest

    Hi, Accounting Gurus.
    I'm studying financial accounting course and having some problems
    regarding the double declining depreciation. Can anyone point me to an
    official standard by FASB or IRS that gives an detailed introduction
    of the method? Thanks!
     
    Ming, Nov 5, 2004
    #1
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  2. Ming

    RUTH CARSON Guest

    Try looking under MACRS depreciation for IRS standards, I'm not sure what
    FASB Pronouncement covers this.
     
    RUTH CARSON, Nov 11, 2004
    #2
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  3. Ming

    Joker Guest

    Hello, Ming!
    You wrote on Thu, 04 Nov 2004 20:21:59 -0600:

    M> Hi, Accounting Gurus.
    M> I'm studying financial accounting course and having some problems
    M> regarding the double declining depreciation. Can anyone point me to an
    M> official standard by FASB or IRS that gives an detailed introduction
    M> of the method? Thanks!

    What exactly are you having problems with? The formula? Why it's done?
    The FASB and IRS would be poor choices for how to do something. If you are
    in a course, the teacher or book would be better sources.

    With best regards, Joker. E-mail:
     
    Joker, Nov 11, 2004
    #3
  4. Ming

    RUTH CARSON Guest

    Try looking up MACRS for IRS guidelines.
     
    RUTH CARSON, Nov 11, 2004
    #4
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