Depreciation Start: Available-for-Use Date, Pro-Rata Months & the First Three Years
This lesson is part of the course
In this lesson
You start depreciation on the right date under a fictional policy: count the months in the first year from the available-for-use date, compute annual and pro-rata depreciation per component for the first three years and the net book value at the end of year three.
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Lessons in this course
- The Project Budget: Approved Amount, Cost Categories, Commitments & Actuals Locked
- Capitalise or Expense? Classifying Project Costs with a Policy Table Locked
- The Assets-Under-Construction Ledger: Monthly Additions, Running Balance & Reconciliation Locked
- Borrowing Costs: Weighted Spending × Rate × Time, Capped at the Real Interest Locked
- Overruns: Forecast at Completion, Variance % and Approval Flags Locked
- Commissioning: Final Cost, Components & Useful Lives Locked
- Depreciation Start: Available-for-Use Date, Pro-Rata Months & the First Three Years Locked
- Project Close-Out: Transfer to the Asset Register, AUC = 0 & the Final Summary Locked