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Difference Between Depreciation and Amortization

February 24, 2011Posted byOlivia

Depreciation vs Amortization Depreciation and Amortization are two terms that are commonly seen and used in accounting and finance but are often misunderstood. While both refer to the same process of estimation of an asset’s useful life, there is a difference between depreciation and amortization which this article intends to make clear. All items, whether […]

Filed Under:AccountingTagged With:account book,Accounting terms,Amortization,amortization expense,credit. debit,Depreciation,depreciation of intangible assets,intangible assets,liability,lifetime of assets,plant and machinery,tangible assets,tangible assets vs intangible assets,wear and tear

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