DEPRECIATION OF THE FIXED ASSETS IN ACCOUNTING AND TAX PURPOSES

Ecaterina BURLEA Universitatea Liberă Internaţională din Moldova

Аннотация

For organizing a profitable activity, any entity has to dispose a well-argued technical potential, represented by Fixed Assets. Therefore, the accountants of these entities collide with the situation of calculating depreciation and their reflection in the accounting. In this article, the author aims to study and to present the problems related to the calculation of fixed assets’ depreciation in accordance to the legislation of the republic of Moldova and to reveal the strengths of the neighboring countries’ legislation in this field. Keywords: fixed assets, depreciation, depreciation methods, duration of use, cost of entry, residual value, annual depreciation, accumulated depreciation.