Do you mean a case where a company had been depreciating over say, 10 years, but at year 5 finds that the fixed asset will actually have a useful like of 15 years? In that case, you have a change in accounting estimate where you would take the accumulated depreciation over those five years which you would subtract from the cost to find the new depreciable base. From there on out, use the new salvage value and the revised remaining useful life.
cgomezJul 2, 2009
Do you mean a case where a company had been depreciating over say, 10 years, but at year 5 finds that the fixed asset will actually have a useful like of 15 years? In that case, you have a change in accounting estimate where you would take the accumulated depreciation over those five years which you would subtract from the cost to find the new depreciable base. From there on out, use the new salvage value and the revised remaining useful life.
dotuplinkJul 2, 2009
That's the Fry's in Burbank! Alien theme 4 teh win!
whoreableJul 2, 2009
Finding a company that manufactures their own chips is ....Crucial?
whoreableJul 2, 2009
Lies. If you run linux, you build all of your computers.
ruskicommiJul 2, 2009
There really cranking out these spoof "Laptop Hunters" commercials.