Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives.

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Depreciation expense can be a big portion of a company’s total expense. And since expenses decrease income, it affects the overall value of a company. Understanding what it is and the methods can help ...

Depreciation is a measurement for capturing the value loss of an asset over time. It is an accounting and tax practice deployed by companies. They can write off a portion of the investment rather than ...