Why do many companies use one method to calculate depreciation for the income statement developed for stockholders

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Why do many companies use one method to calculate depreciation for the income statement developed for stockholders and another method for income tax purposes?

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Jan 12, 2012 02:09 AM

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Why do many companies use one method to calculate depreciation for the income statement developed for stockholders

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Companies may use one method of depreciation for financial reporting and another method for tax ...View the full answer

Using Financial Accounting Information The Alternative to Debits and Credits

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