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