Accounting




Not signed in (Sign In)

Categories



Welcome, Guest

Want to take part in these discussions? If you have an account, sign in now.

If you don't have an account, apply for one now.

Vanilla 1.1.2 is a product of Lussumo. More Information: Documentation, Community Support.

General Accounting Discussions: Depreciation Rates

Bottom of Page

1 to 2 of 2

  1.  
    • CommentAuthoryoushram
    • CommentTime7 days ago
     
    Can any one help me to find a site to get standared depriciation rates for main asset catrgories
    • CommentAuthorCounter
    • CommentTime5 days ago
     
    You can see the depreciation rates required by the U.S. Internal Revenue Service for U.S. income tax purposes by going to www.irs.gov. Perhaps you would find their publication on Depreciation to be helpful.

    For financial reporting (not income tax reporting), it is a professional judgement of the depreciation rate that best matches the depreciation expense to the revenues earned. Hence, I am not certain you will find standard depreciation rates for financial reporting.

1 to 2 of 2

  1.