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Double-Declining-Balance
A method of accelerated depreciation that applies a constant rate of depreciation to a declining book value, resulting in higher depreciation expense in the early years of the asset's life.
Straight-Line
A method of depreciation that allocates the cost of an asset evenly over its useful life, reflecting a constant rate of expense over each period.
Depreciation Methods
Various approaches to allocating the cost of an asset over its useful life, such as straight-line, declining balance, and units of production methods.
Units-Of-Production
A depreciation method that allocates an asset's cost based on its usage, output, or production, rather than mere passage of time.
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