Engineering
5 years ago

New Depreciation Model in Malaysia Boosts Accuracy of Vehicle Values!

Management & Accounting Review (MAR)
EFFECTIVE DEPRECIATION MODEL FOR COMMERCIAL VEHICLES IN MALAYSIA
Lim Alan, Krishna Moorthy Manicka, Theresa Wong Lai Har

Paper Summary

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The study looked at different ways companies in Malaysia calculate depreciation for their commercial vehicles. Most companies use the Straight Line method, but this method has been criticized for not showing the true value of the assets. The researchers tested a new method and found that it gave a more accurate value for the vehicles compared to the market value. This new method is considered the most effective way to calculate depreciation for commercial vehicles in Malaysia.