Straight Line vs Declining Balance Method | Main difference btw SLM and WDM | Commerce Specialist |

This video from Commerce Specialist explains the main difference between Straight Line Method and Declining Balance Method. This video focuses on how to calculate depreciation by straight line method and how to calculate depreciation by declining balance method.
Detailed numerical discussion is made on the way straight line method is different from reducing balance method and some of the key differences are explained which most of the students and teachers are unware of.
This video is relevant for students of CMA, CA, ACCA, CPA, CIMA, B.Com, A and O Levels.
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[@patience_mogorosi]

Your tutorials are very helpful and easy to understand, thank you🙏🤝...can you do more of Financial Accounting topics like "Companies" and PPE🙏

[@CommerceSpecialist]

PPE IAS 16 is already there

[@barnabasnsowa4118]

You're amazing, your tutorials are priceless.

[@CommerceSpecialist]

Thanks a lot my dear👍😊😊🙏

[@VenkatMalai-q3q]

Thank you so much Sir it was very clear

[@CommerceSpecialist]

Ur welcome dear👍

[@DanielMudenda-k6c]

Am enjoying this

[@patience_mogorosi]

9:34 ... so we only adjust in the last year of the asset?

[@CommerceSpecialist]

Yes in declining balance merhod, if srcap value is given

[@NadiaNadia-gz2fu]

amazing

[@adildoloo4619]

In your very first video of depreciation, you mentioned that the choice of using a certain method depends on the nature of asset or how it is used such as a car being used only for travelling a specific distance back and forth. If both straight line and reducing balance methods have to have the same scrap value, what is the need of having all the different methods? I mean, we could just use either method for the car travelling a specific distance.

[@CommerceSpecialist]

Scrap value is just an estimation dear

[@DanielMudenda-k6c]

This is powerful

[@CommerceSpecialist]

Thanks dear

[@dilandalami1909]

Thank you sir

[@CommerceSpecialist]

Ur welcome dear👍🙏

[@jouharmattath2742]

Hello sir. Do you have sessionswise classes for CMA USA?

[@CommerceSpecialist]

Like??

[@jouharmattath2742]

Hello sir. How can I contact you? I have some enquiry on sessions if you can provide to clear cma exams..

[@bismaAsghar-ym4ve]

What about 200% decline balance

[@CommerceSpecialist]

@@bismaAsghar-ym4ve double declining balance is not always 200%

[@rediascz]

Is it possible to take tuition of ACCA with you? If so, whats subjects are possible for you to teach

[@CommerceSpecialist]

Yes, most of them

[@rediascz]

@@CommerceSpecialist Alright, can you tell how i can proceed?

[@CommerceSpecialist]

Pls email me

[@ismailabdullahi7773]

it is amazing video, am really keen on, so that keep it on, am stating ACCA I would like to have your contact in order to contact you, am doing right now , Financial Accounting F3