1) A new approach in accounting for accrued depreciation is long overdue and will further support the use of the cost approach in evaluating special-purpose properties, which typically have insufficient comparable sales and/or income and expense data.
What does AD stand for?
AD stands for Accrued Depreciation (finance)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of AD
We have 84 other meanings of AD in our Acronym Attic
- Absolute Deviation
- Academic Decathlon
- Academic Don
- Accastillage Diffusion (French: Distribution Fitting)
- Access Denied
- Accession Document
- Accidental Damage
- Accidental Death (life insurance)
- Accidental Discharge
- Acción Democrática (Democratic Action Party)
Samples in periodicals archive:
Thomas Holderness, "A New Look at Accrued Depreciation," The Real Estate Appraiser and Analyst (Fall 1988): 12-14.
Accrued depreciation is calculated as: Purchase price $14,000,000 Less estimated land value - (1,900,000) Building residual $12,100,000 Replacement cost $27,200,000 Less building residual -(12,100,000) Indicated depreciation $15,100,000 Accrued depreciation percent Depreciation/RCN = 15,100,000/27,200,000 = 0.