New depreciation model in Malaysia accurately reflects market value of vehicles.
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 gives 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.