Appraisal Method of Depreciation - Explained
What is the Appraisal Method of Depreciation?
If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
Table of ContentsWhat is the Appraisal Method Of Depreciation?
What is the Appraisal Method Of Depreciation?
The appraisal method of depreciation is a method of asset depreciation whereby one assesses and reports the difference in the value of the asset at the beginning and at the end of the accounting period. The difference is value is the depreciation recorded.
If the appraised value does not decrease during the time, then no depreciation is added to the expense in the appraisal method of depreciation.
Note: Under the generally accepted accounting principles, this approach is not considered acceptable.