Tag: double declining depreciation

See Also: Double-Declining Depreciation Formula Accelerated Method of Depreciation Double-Declining Method Depreciation Straight-Line Depreciation Depreciation GAAP Fixed Assets – NonCurrent Assets Double Declining Depreciation: Definition Double-declining depreciation, defined as an accelerated method of depreciation, is a GAAP approved method for discounting the value of equipment as it ages. It depreciates a tangible asset using twice