Depreciation

In accountancy, depreciation refers to two aspects of the same concept: * The decrease in value of assets (fair value depreciation) * The allocation of the cost of assets to periods in which the assets are used (depreciation with the matching principle)

Depreciation

In accountancy, depreciation refers to two aspects of the same concept: * The decrease in value of assets (fair value depreciation) * The allocation of the cost of assets to periods in which the assets are used (depreciation with the matching principle)