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What is accumulated depreciation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › What is accumulated depreciation

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.
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  • September 11, 2014 at 11:22 pm #194703
    Ruthvyk
    Member
    • Topics: 1
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    What is accumulated depreciation

    September 12, 2014 at 6:58 am #194709
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54702
    • ☆☆☆☆☆

    Accumulated is another word for total.

    Accumulate depreciation is the total depreciation that has been charged on a non-current asset (and reduces the ‘value’ of the asset in the Statement of financial position.

    I do suggest that you watch the free lecture on depreciation.

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