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Why Depreciation is Important

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First published at 21:25 UTC on November 15th, 2020.

WolvesAndFinance

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Capital Asset Playlist: https://www.youtube.com/watch?v=a1TDzkTvxsM&list=PLT94MaVZBOo5n1I-UIWDm-t3ShkOhVt4f

This is the final video in my series about capital asset. In this video I explain the reason why depreciation is important. It is for st…

Capital Asset Playlist: https://www.youtube.com/watch?v=a1TDzkTvxsM&list=PLT94MaVZBOo5n1I-UIWDm-t3ShkOhVt4f

This is the final video in my series about capital asset. In this video I explain the reason why depreciation is important. It is for stock holders and other stakeholders in the business to determine if the overall business model still works. Without factoring in the impact from depreciation, financial statements could provide misleading results.

Zach DeGregorio
For additional accounting questions, you can contact me through my website www.WolvesAndFinance.com and I will respond with my rates.

Twitter: https://twitter.com/FinanceWolves
TikTok: https://www.tiktok.com/@wolvesandfinance
Facebook: https://www.facebook.com/wolvesandfinance
Instagram: https://www.instagram.com/wolvesandfinance

Neither Zach De Gregorio or Wolves and Finance shall be liable for any damages related to information in this video. It is recommended you contact a CPA in your area for business advice.

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Category	Business & Finance
Sensitivity	Normal - Content that is suitable for ages 16 and over

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