Rate Adjustments - Diminishing Value Depreciation Method
Example: You place an asset in service in Year 1, Quarter 1. The recoverable cost is $4,000 and you are using a 20% flat-rate that you apply to the beginning of year net book value. In Year 2, Quarter 3, you change the flat-rate to 25%.
Expensed
Amortized
See Also
Depreciation Calculation
Depreciation Rules (Books)
Changing Financial and Depreciation Information
