Question
A client is thinking of using Sum of the Years Digits (SYD) as its prime depreciation method. Is SYD approved by US GAAP? What authoritative
A client is thinking of using Sum of the Years Digits (SYD) as its prime depreciation method. Is SYD approved by US GAAP? What authoritative literature addresses this topic? Would you recommend this method to your client? Provide proper FASB codification.
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Financial Accounting For Management
Authors: Paresh Shah
2nd Edition
0198077033, 978-0198077039
