Session 9: Financial Reporting and Analysis: Inventories, Long-lived Assets, Income Taxes, and Non-current Liabilities
Reading 37: Long-lived Assets
LOS e: Discuss the different amortisation methods for intangible assets with finite lives, the effect of the choice of amortisation method, and the assumptions concerning useful life and residual value on amortisation expense.
Allocating an intangible asset’s cost to the income statement over time is known as:
Allocating an intangible asset’s cost to the income statement over time is known as amortization. The same process is known as depreciation for tangible assets. For natural resources, allocation of cost to the income statement over time is commonly referred to as depletion. | 
发表于 2011-3-21 15:22
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