CONCEPTUAL NUANCES OF AMORTIZATION PROCESS TERMINOLOGY

Marioara Avram, Valeriu Brabete, Maria Negril? and ?erban Claudiu
Additional contact information
Marioara Avram: University of Craiova Faculty of Economics and Business Administration
Valeriu Brabete: University of Craiova Faculty of Economics and Business Administration
Maria Negril?: University of Craiova Faculty of Economics and Business Administration
?erban Claudiu: University of Craiova Faculty of Economics and Business Administration

Annals of University of Craiova - Economic Sciences Series, 2016, vol. 1, issue 44, 101-112

Abstract: Often, both in literature and practice in economics, it is found that a number of terms related to the amortization process, such as wear, depreciation, physical lifetime, economic lifetime, useful lifetime, normal operation lifetime are used a manner that distorts their content and, therefore, affect the quality of information provided through them. In this article we intend to give opinion to contribute to clarifying the meaning of the terms mentioned, including the relationships between them, in order to provide a more rigorous conceptual base regarding the professional reasoning applicable to amortization. Given that this topic is a focal point of the spheres of interest of several categories of specialists, we will expose our work by comparing the national tax accounting regulations and, international accounting standards and international valuation standards.

Keywords: critical; amortization, depreciation, economic lifetime, useful lifetime, normal operation lifetime (search for similar items in EconPapers)
JEL-codes: M41 M42 (search for similar items in EconPapers)
Date: 2016
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://feaa.ucv.ro/AUCSSE/0044v1-010.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:1:y:2016:i:44:p:101-112

Access Statistics for this article

Annals of University of Craiova - Economic Sciences Series is currently edited by Sorinel Domnisoru

More articles in Annals of University of Craiova - Economic Sciences Series from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Anca Bandoi ( this e-mail address is bad, please contact ).