Concepts of depreciation and amortization


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Your friend Lucy slept through a class in which her professor explained the concepts of depreciation and amortization. Think about cash flow and then write an explanation of the concepts for Lucy. Be sure to cite your sources.

AICPA

(https://www.aicpa.org)

Official website for the American Association of Certified Public Accountants.

Smart Pros Accounting

(https://www.pro2net.com)

Contains news and information within the various fields of the Accounting profession.

Accounting info net

(https://www.accounting-information.net/index.shtml)

Accounting and tax info, accounting news and calculators.

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Finance Basics: Concepts of depreciation and amortization
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