Work

Approaches to Improving the Accounting of Depreciation of Assets in Commercial Banks

Year: 2024

Type: conference-paper

Abstract: Depreciation of assets plays a crucial role in the financial health and stability of any organization, and this is especially true for commercial banks. Banks heavily invest in assets such as buildings, equipment, and technology, which depreciate over time. Effective accounting for this depreciation is vital for accurate financial reporting, regulatory compliance, and strategic decision-making. As the banking sector evolves with technological advancements and changing regulatory landscapes, approaches to improving the accounting of depreciation have become more critical. This article explores the modern approaches to enhancing depreciation accounting in commercial banks, ensuring better financial transparency and asset management.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.13937011

Author: Yuldashev, Ulugbek

Language: English

Topic: Accounting Theory and Financial Reporting

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W6967858919

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