Audit and economical analysis

Amortization of fixed assets and non-material assets of production significance

 

a) Depreciation charges calculated on the basis of the main production means, including financial rent (leasing), in accordance with the legislation on accounting            

b)         Non-material assets of industrial significance (except for Goodwill (firm's price)) Amount of depreciation charges calculated in accordance with the legislation on accounting. In the case of non-material assets (except for Goodwill (company price), which is not possible to determine the useful life, the depreciation standard shall be established for five years, but shall not exceed the term of the business of the undertaking