About the Book
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 92. Chapters: Generally Accepted Accounting Practice, Income, Cash flow, Equity, Net profit, Cost, Appreciation, Historical cost, Depreciation, Financial position of the United States, Income statement, Fiscal year, Gross income, Discounts and allowances, Fair value, Revaluation of fixed assets, Book value, Pro forma, Consolidation, Fixed investment, Deferred tax, Revenue recognition, Earnings before interest, taxes, depreciation and amortization, Access to finance, Standard Business Reporting, Matching principle, Accrual, Amortization schedule, Accounts payable, Treasury stock, Accounts receivable, Deprival value, Accounting equation, Gross margin, Accelerated depreciation, Going concern, Goodwill, Fin 48, Write-off, Indian Accounting Standards, Liability, Paycheck, Deferral, Accounting identity, Sales, Depletion, Trial balance, Adjusting entries, Capital surplus, Capital asset, Earnings before interest and taxes, Capital expenditure, Percentage-of-Completion method, Debtor, Engagement Letter, China Accounting Standards, Net income, Net realizable value, Minority interest, Current liability, Accrued liabilities, Retained earnings, Provision, Codification, Deferred financing cost, Adjusted basis, Paid in capital, Petty cash, Deferred income, Current asset, Suspense account, Reserve, Long-term liabilities, Non-operating income, Gross profit, Operating Income Before Depreciation and Amortization, Cost pool, SG&A, Shares outstanding, Net income per employee, Construction in Progress, Vendor Specific Objective Evidence, Closing entries, Furniture, Fixtures and Equipment, Earnings before interest, taxes and depreciation, Depreciation reserve, Gross sales, WDV. Excerpt: Depreciation refers to two very different but related concepts: The former affects values of businesses and entities. The latter affects net income. Generally the cost ...