Depreciation | Methods & Calculations | Straight Line & Declining Balance | Commerce Specialist |

This video from Commerce Specialist is a tutorial video / lecture video related to an important Financial Accounting topic which is Depreciation.
It explains the Basic Concept of Depreciation, What is Depreciation, Why Depreciation is calculated, How depreciation is calculated, the two main Depreciation Methods, various concepts like Depreciation Expense, Accumulated Depreciation/Provision for Depreciation, /Allowance for Depreciation, Scrap Value/Salvage Value/Residual Value, Book Value/Net Book Value (NBV), Factors due to which Non-Current Assets Depreciate etc.
This video also demonstrates a numerical solved example of Straight Line Method and Declining Balance Method/Reducing Balance Method, Net Book Value Method/Diminishing Balance Method. How do companies decide which method of depreciation to use/ selection of depreciation method.
This video also explains the connection of Matching Principle (GAAP) with Depreciation.
This tutorial/lecture video is very relevant and useful for students of I.Com, B.Com, O Levels, A Levels, CA, ACCA, CMA, CIMA, CIA and CPA as it covers the learning outcomes of their syllabus.
About:
Commerce Specialist is a Certified Management Accountant (CMA) from USA, holds a Bachelors in Accounting, B.Ed., an MBA in Finance, Certificate in International Auditing form ACCA- UK, Professional Certificate from ICMAP along with over 20 years’ experience of working in MNCs including Banks, NBFIs and top business schools, colleges and universities.
Viewers and students can contact me on [e-mail], email me at [e-mail] or whatsApp me on [phone].
My website: www.comparativeedge.com
Link for my other videos:
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