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财Task财 AbouttheABBasicDepreciationCCompositeVs.Component3A.(©乾隆五十六年–公元2016年 .All 4 A.Doyoustillremember“Egoup,CharmGoingconcernandAccrualarethecorebasisofU.S.GAAP&MatchingisthepresentationofForPP&E,howtoshowMatchingforPP&EisthesystematicandrationalallocationtotransfertheunexpiredcostofPP&EtoexpiredcostrecognizedasexpenseineWecallthatprocessing5A.Themethodofsystematicandrationalmatching‘notforsale/notheldforsale’long-livedassetswithactualconditionarecomposedbytwo1st(如无确定使 ，可不选),2ndImpairment(必选项，至少每年一次6A.PhysicalDepreciationDeteriorationandWear，如满负荷生产的FunctionalDepreciation(Obsolescenceorinadequacyofasset7 A.Salvageorresidualvalueisanestimateoftheamountthatwillberealizedattheendoftheusefullifeofadepreciableasset.Ifsalvageisimmaterial,theamountmaybeignoredincalculating8B.BasicDepreciationNote1.Summaryofsignificantaccountingpolicies( 2015,Page61)-Property, ntandEquipment ntandequipmentarerecordedatcost,applicableconstruction-periodinterest,lessaccumulateddepreciationandaredepreciatedprincipallyoverthefollowingestimatedusefullives:newbuildingsandlandimprovements,from10to40years;andnewmachineryandequipment,from4to20years.Theprincipalmethodsofdepreciationareasfollows:buildingsandlandimprovements,150%decliningbalance;andmachineryandequipment,sum-of-the-years’digits.CapitalizedinternalusesoftwareisincludedinOtherassetsandamortizedusingthestraightlinemethodover5years.Weperiodicallyevaluatetheappropriatenessofremainingdepreciablelivesassignedtolong-livedassets,includingassetsthatmaybesubjecttoamanagementnfor9B.BasicDepreciationNote1.Summaryofsignificantaccountingpolicies( 2015,Page61)-Property, ntandEquipment(Continue)Long-livedassetsheldforsalearestatedatthelowerofcostorvaluelesscosttosell.Long-livedassetsheldforusearesubjecttoanimpairmentassessmentwhenevereventsorchangesincircumstancesindicatethatthecarryingamountmaynotberecoverable.Ifthecarryingvalueisnolongerrecoverablebasedupontheundiscountedfuturecashflowsoftheasset,theamountoftheimpairmentisthedifferencebetweenthecarryingamountandthefairvalueoftheasset.B.Basicdepreciation4BasicDepreciationStraight-line DecliningBalanceDBB.BasicdepreciationStraight-line Depreciation=(Cost–SalvageValue)/Estimateduseful例1AmachinehasCost11000Salvagevalue1000usefullife5yearputinuseonJuly1Y1,onDec31Y1,howmuchDepreciationexpenseoccurred?ST=(11000-1000)/5X(6/12)B.BasicdepreciationSLAdvantage&Advantages:simpletocompute,appliestovirtuallyallassets,consistentfromyeartoyear,wideacceptability,similartotreatmentofprepaiditemsDisadvantages:doesnotreflectdifferenceinusageofassetfromyeartoyear,doesnotaccura ymatchcostswithrevenue B.Basicdepreciation Depreciation=(Cost–Salvagevalue)XRemaininglifeofasset/Sum-of-the-year’sdigits例1AmachinehasCost11000Salvagevalue1000usefullifeyear,putinuseonJuly1Y1,onDec31Y1,howmuchDepreciationexpenseoccurred?SYD(11000-1000X5(1+2+3+4+5X6/12B.BasicdepreciationSYDAdvantage&收支规律的法。 B.BasicdepreciationDecliningBalanceDBDepreciationexpensesDeclinecoefficient递减系数，2或或其他NX(CostAccumulated B.Basicdepreciation年初第1 B.BasicdepreciationDecliningBalanceDB第1自然年折旧=33KX(6/12第2自然年折旧=33KX(6/1223.1KX(6/1216.5K11.55第3自然年折旧=23.1KX(6/1216.2KX(6/12第4自然年折旧=16.2KX(6/1211.3KX(6/12第5自然年折旧=11.3KX6/1216.4KX(6/12第6自然年折旧=16.4KX(6/12 B.BasicdepreciationDBAdvantage&Advantages:matchcoststorevenues,depreciationdecreasebalancewithrepairsincrease.KeeptheCVofPP&EsameforbothtaxpurposeandfinancepurposeDisadvantages:doesnotreflectchangesintheactivityoftheasset,computationcanbecomplex,greaterdisparityinamountofdepreciation,etc. B.Basicdepreciation1stRateperunitorhour=(Cost–Salvagevalue)/Estimatedunitsorhours2ndDepreciationexpense=RateperunitorhourX#ofproduced(orhours B.BasicdepreciationUnits-of-ProductionAdvantage&Advantages:matchescostswithrevenues,reflectsactivityoftheDisadvantages:noactivitynodepreciation,Notsuitableforassets(e.g.buildings),B.BasicdepreciationPartialyearWhenanassetis cedinserviceduringtheyear,thedepreciationexpenseistakenonlyfortheportionoftheyearthattheassetisused.B.BasicDepreciationNote8–Property, ntandEquipmentProperty,( 10-K2015,Page76)ntandequipmentatDecember31consistedoftheUSDYearYearBuildingsandlandMachineryandConstructioninGrossntLessaccumulatedDepreciationexpensewas$1,357,$1,414and$1,338fortheyearsendedDecember31,2015,2014and2013,respectively.InterestcapitalizedduringtheyearsendedDecember31,2015,2014and2013totaled$158,$102and$87, C.CompositeVS.Component Center),竣工于1939年，是 HistoricLandmark)。它由19栋大楼组成，占地22英亩。每一 C.CompositeVS.ComponentComponentdepreciationisdepreciationofindividualidentifiablepiecesofafixedassetor(groupoffixedassets).ComponentdepreciationisrequiredunderIFRS ,C.CompositeVS.Component C.CompositeVS.ComponentCompositedepreciationistheprocessofaveragingtheeconomiclivesofanumberofDISIMILARpropertyunitsanddepreciatingtheentireclassofassetsoverasinglelife,thussimplifyingrecord ofassetsanddepreciationcalculations.C.CompositeVS.ComponentCompositedepreciation将不同类型的固定资产按一个统一的方 C.CompositeVS.ComponentGroupdepreciationistheprocessofaveragingtheeconomiclivesofanumberofSIMILARpropertyunitsanddepreciatingtheentireclassofassetsoverasinglelife,thussimplifyingrecordkeeofassetsanddepreciationcalculation.Groupdepreciation将相同类型的固定资产按照平均的 C.CompositeVS.ComponentWhenoneassetinthegroup/compositeisretired/sold,nogainorlossisrecognized.ThedifferencebetweentheoriginalcostandconsiderationsreceivedwillbechargedtoAccumulatedDepreciation,Cr.Asset(OriginalCost)Ali’sfinancialyearisendedonMar31.The purchaseanequipmentonOct1,Year