Among the important characteristics of accounting information is the clarity of the financial data being reported and evaluated by owners and managers. Sometimes, a few simple numbers may paint the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Artis Wiliams of Cat Trucking, a small fleet, in Jackson, Miss., inspects a truck at an auction in Mississippi. Used equipment qualifies for Section 179 depreciation, but not for the new bonus ...

A company allocates depreciation expense on an annual basis, using one of the three methods. A business may choose to depreciate its assets using the straight-line, double-declining balance or ...

When depreciating an asset, companies need to consider either a straight-line or accelerated schedule. When choosing the latter, the double-declining balance mode of depreciation is among the most ...

Depreciation is an accounting methodology that allocates the cost of an asset over its expected useful life. Learn more about how depreciation works and how it affects company financials. blackred ...