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LCS ACA
2050 Points Joined September 2007

Can anyone please specify difference between DEPRECIATION of asset, AMORTISATION of asset & IMPAIRMENT of asset?

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On 04 July 2008 at 17:25 Report
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depreciation is writing off fixed assets

amortisation is writing off intangible assets like goodwill

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On 06 July 2008 at 13:37
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LCS ACA
2050 Points Joined September 2007

thanks

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On 07 July 2008 at 15:14

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