Double-Declining-Balance

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Definitions
Declining-Balance Method
Declining-Balance Method Accelerated Depreciation Double-Declining-Balance Straight-Line Depreciation Asset Depreciation Accounting Methods Financial Reporting
A method of accelerated depreciation where a percentage rate of depreciation is applied to the undepreciated balance, rather than the original cost. It is commonly used to depreciate assets that lose value quickly early in their useful lives.
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Definitions
Double-Declining-Balance Method of Depreciation
Double-Declining-Balance Depreciation Asset Management Accounting Financial Reporting
The double-declining-balance method of depreciation involves applying twice the straight-line rate to the depreciable balance of an asset.
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