Business Administration

Tag: What is Amortization?

The Various Forms of Depreciation

Feb 22, 2013

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by

David J Hoare MSA

in Accounting Concepts and Principles, Report Analysis – How to Read the Statements

There are various forms of depreciation used in the small business world. In general, depreciation is not required but it is advisable.
What is Amortization?

Jan 15, 2013

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by

David J Hoare MSA

in Accounting Concepts and Principles, Report Analysis – How to Read the Statements

Non-physical assets are expensed to the income statement or profit and loss statement via a method called amortization. It is most commonly used in the mortgage industry to refer to the monthly payment made to pay interest and the principal (the amortizable portion) on a debt instrument.