Economic depreciation vs. accounting depreciation accounting, difference, economic

tango_gs

1) Are we expected to calcuate economic depreciation or is it a concept…….
2) what is the difference…….
thoughts? Thanks

slackeranalyst

Accounting depreciation is strictly calculated on the basis of estimated useful life and asset’s consumption whereas economic dep’n would measure real usage of capital taking into account its productivity..
Am I right? I don’t think we would be required to calculate it…

noel

Is this a value that could be asked to be calculated?