
method in which depreciation expense charged to a period is the difference between the beginning and end-of-period appraised value of the asset if the appraised value has decreased. If not, there is no depreciation expense for that period. This method is not generally recognized as an acceptable method.
Industry Associations
World Federation of Pipe Line Contractors Associations
Represents worldwide pipeline contractors. Supports the update and exchange of information of mutual interest including equipment depreciation, tax structure, and union issues.
Members: 5
Founded: 1977