Accumulated Depreciation


  • Id: bs_accum_depr
  • Type: fundamentals
  • Subtype: balance_sheet
  • Units: currency
  • Decimal Points: 0
  • Currency Convertible: Yes
  • Tags: “accumulated depreciation”, “total depreciation”, “cumulative depreciation”, “depreciation and impairment losses”, “asset value reduction”


The total amount of depreciation and impairment losses that have been charged against a business’s long-term assets over their useful lives. Depreciation is the systematic allocation of the cost of an asset to expense over its expected useful life, while impairment is the reduction in the value of an asset due to obsolescence, damage or other factors. Accumulated depreciation reduces the net value of the assets and represents the wear and tear or consumption of these assets by the business.