Showing posts with label amortisation. Show all posts
Showing posts with label amortisation. Show all posts

Wednesday 13 January 2016

Depreciation, Amortisation and Impairment Charge

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.