/
Future depreciation impact of adjusting capital asset values

Future depreciation impact of adjusting capital asset values



Description of Issue

What is the impact of adjusting the acquisition cost and depreciation principle of a capital asset that has already been depreciated?



Context

Capital Assets



Cause

Informational



Resolution

Future depreciation processing will either be increased or decreased depending on how the asset values were adjusted:

  • If asset has value increased, expect depreciation processing values to increase

  • If asset has value decreased, expect depreciation processing values to decrease



Additional Information