The goal of accounting is to produce fair and accurate statements about a company's financial performance and condition. An underlying principle of accounting is to connect the expenses that are ...

Assets like equipment, vehicles and furniture lose value as they age. Parts wear out and pieces break, eventually requiring repair or replacement. Depreciation helps companies account for the ...

The CX-5 has been a Mazda best-seller for a decade. Here's how well (or not) it holds its value in the long term, compared to ...

EVs have a higher-than-average depreciation rate, but this model loses the most value of any model in its segment after five years. Most vehicles depreciate over time, and the first five years are ...