ChaLonglivedAsses财务报表,加州大学MBA.pptxVIP

Short-lived and Long-lived Assets;Short-lived and Long-lived Assets;Long-lived Assets;Long-lived Assets- some terminologies;Long-lived Assets- some terminologies Asset’s useful life: number of years that the asset is used in production. An machine may have useful life of 5 years, while an intangible asset (e.g., patent) may have useful life of 40 years. Depreciation: the process of allocating the depreciation base over the years of the asset’s useful life.;Long-lived Assets- some terminologies;Depreciation method;Depreciation method for financial reporting purpose Straight-line method Acceler