Depreciation is actually focussed on matching the cost of an asset over its useful economic life.
Tangible assets are depreciated.
Intangible assets are amortised.
An impairment charge is a one-off reduction in the value of an asset.
Tangible assets are depreciated.
Intangible assets are amortised.
An impairment charge is a one-off reduction in the value of an asset.
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