Double Declining Depreciation


M

Ming

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!
 
R

RUTH CARSON

Try looking under MACRS depreciation for IRS standards, I'm not sure what
FASB Pronouncement covers this.
 
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J

Joker

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: (e-mail address removed)
 
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