4. Depreciation and Amortization for Books and Taxes

  1. Alfred M. King

Published Online: 20 DEC 2011

DOI: 10.1002/9781118269107.ch4

Internal Control of Fixed Assets: A Controller and Auditor's Guide

Internal Control of Fixed Assets: A Controller and Auditor's Guide

How to Cite

King, A. M. (2011) Depreciation and Amortization for Books and Taxes, in Internal Control of Fixed Assets: A Controller and Auditor's Guide, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118269107.ch4

Publication History

  1. Published Online: 20 DEC 2011
  2. Published Print: 21 FEB 2011

ISBN Information

Print ISBN: 9780470539408

Online ISBN: 9781118269107

SEARCH

Keywords:

  • internal revenue service;
  • depreciation methods;
  • property, plant, and equipment;
  • tax accounting;
  • generally accepted accounting principles

Summary

This chapter contains sections titled:

  • Internal Control for Depreciable Tangible Assets

  • Determining Useful Lives Whenever New Assets Are Acquired

  • Choosing Accounting Lives

  • How Valuation Specialists Determine Economic Lives

  • Determining Lives for Intangible Assets

  • Changing Lives and Depreciation for Existing Assets

  • Leasing as a Way to Utilize Depreciation

  • Summary