Book Keeping Task/Depreciation

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(New page: <h1>Amortization Expense</h1> PCSAR follows Canada Revenue Agency’s Classes of Depreciable Property guidelines when depreciating assets. As of 2015-08-31 fiscal year end, PCSAR’s the...)
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Revision as of 20:00, 27 January 2016

Amortization Expense

PCSAR follows Canada Revenue Agency’s Classes of Depreciable Property guidelines when depreciating assets.

As of 2015-08-31 fiscal year end, PCSAR’s the majority of assets are classified as Class 8 (20%) with the exception of the following:

  • Computer: Class 46 30%
  • Radios: Class 46 (30%)
  • Sierra Command Post: Class 10.1 (30%)
  • Pickup Truck: Class 10 (30%)