Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har.
Malaysian Financial Reporting Standards (MFRS) offers a choice for corporations to select their preferable depreciation methods to allocate the cost of the assets every year. Findings shown that majority of the corporations apply Straight Line method in depreciation calculation nowadays. However, St...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Accounting Research Institute (ARI)
2017
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/30259/ |
| _version_ | 1848807449209864192 |
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| author | Lim, Alan Manicka, Krishna Moorthy Wong Lai Har, Theresa Lai Har |
| author_facet | Lim, Alan Manicka, Krishna Moorthy Wong Lai Har, Theresa Lai Har |
| author_sort | Lim, Alan |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | Malaysian Financial Reporting Standards (MFRS) offers a choice for corporations to select their preferable depreciation methods to allocate the cost of the assets every year. Findings shown that majority of the corporations apply Straight Line method in depreciation calculation nowadays. However, Straight Line method is unable to show the fair value of the assets and received major criticism from past researchers. Hence, current research has applied a newly proposed method to conduct the depreciation calculation with the secondary data collected with the three existing accounting depreciation models. The net book value result was compared against the market value, and the analysis showed that newly proposed method could produce the closest proportion to the market value of the vehicles, and hence it is determined as the most effective depreciation model that can best reflect the current value of the motor vehicles. |
| first_indexed | 2025-11-14T22:43:00Z |
| format | Article |
| id | uitm-30259 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:43:00Z |
| publishDate | 2017 |
| publisher | Accounting Research Institute (ARI) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-302592020-05-08T10:01:37Z https://ir.uitm.edu.my/id/eprint/30259/ Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. mar Lim, Alan Manicka, Krishna Moorthy Wong Lai Har, Theresa Lai Har Automobile industry and trade Malaysian Financial Reporting Standards (MFRS) offers a choice for corporations to select their preferable depreciation methods to allocate the cost of the assets every year. Findings shown that majority of the corporations apply Straight Line method in depreciation calculation nowadays. However, Straight Line method is unable to show the fair value of the assets and received major criticism from past researchers. Hence, current research has applied a newly proposed method to conduct the depreciation calculation with the secondary data collected with the three existing accounting depreciation models. The net book value result was compared against the market value, and the analysis showed that newly proposed method could produce the closest proportion to the market value of the vehicles, and hence it is determined as the most effective depreciation model that can best reflect the current value of the motor vehicles. Accounting Research Institute (ARI) 2017 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/30259/1/30259.pdf Lim, Alan and Manicka, Krishna Moorthy and Wong Lai Har, Theresa Lai Har (2017) Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. (2017) Management & Accounting Review (MAR) <https://ir.uitm.edu.my/view/publication/Management_=26_Accounting_Review_=28MAR=29.html>, 16 (1). pp. 119-136. ISSN 2550-1895 |
| spellingShingle | Automobile industry and trade Lim, Alan Manicka, Krishna Moorthy Wong Lai Har, Theresa Lai Har Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. |
| title | Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. |
| title_full | Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. |
| title_fullStr | Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. |
| title_full_unstemmed | Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. |
| title_short | Effective depreciation model for commercial vehichles in Malaysia / Lim Alan, Krishna Moorthy Manicka and Theresa Wong Lai Har. |
| title_sort | effective depreciation model for commercial vehichles in malaysia / lim alan, krishna moorthy manicka and theresa wong lai har. |
| topic | Automobile industry and trade |
| url | https://ir.uitm.edu.my/id/eprint/30259/ |