Reducing balance: related pages

The allocation of the cost of an asset to the profit and lost account by allocating part of the cost to each year of its estimated useful life.

Amortisation is the equivalent of depreciation for intangible assets.

The allocation of cost to the profit and loss account, spread out over several years according the the measured usage of the asset in each year.

Assets that have a physical form and financial assets, as opposed to intangible assets.

The accounting principle of matching of costs to the revenues they generate.

The value of assets as shown on the balance sheet.

An asset value based on the actual purchase cost, or the accounting principle that requires this.