Amorisation and depreciation seem to be pretty well interchangeable in
this country, but presumably the former is the process of taking the
value to zero, while the latter takes is part way. The process is the
same, as is the intention: to show the loss of value of an asset in
the accounts, however it is reconciled.
Chris
On 22 Aug 2008, at 08:35, Andrew Fildes wrote:
>
> Amortisation, if you are reducing to zero. (i.e. 'death')
> We have a classroom fitted with a SmartBoard (a term I used to think
> oxymoronic).
> Now students don't have to learn something by writing it down - they
> can take away a copy and lose it. What an advance!
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