The double-declining balance (DDB) depreciation method, also known as the reducing balance method, is one of two common methods a business uses to account for the expense of a long-lived asset.

Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the ...

Another key difference is that depreciation often uses accelerated methods, such as double-declining balance. This allows ...

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives.

The various methods used to calculate depreciation include straight line, declining balance, sum-of-the-years' digits, and units of production, as explained below. Accumulated depreciation is the ...