Depreciation - IT Equipment
Code: 5262
👁 Views: 180
Account Information
| Financial Statement | Income Statement |
| Normal Balance | Debit |
Definition
Depreciation expense for computers, printers, scanners, servers, and networking equipment used in administration.
📐 IFRS vs US GAAP Accounting Treatment
IFRS
IAS 16 / IAS 38
PPE / Intangibles
US GAAP
ASC 360 / ASC 350
PPE / Intangibles
❓ Frequently Asked Questions
Q: How is IT equipment depreciation calculated?
A: Using the straight-line method over a useful life of 3-5 years, usually with no salvage value.