Discounted Future Cash Flows Method

Any depreciation method that produces larger deductions, or charges to the income statement, for depreciation expense in the early years of the useful life of an asset, than those depreciation expense charges which occur in the later years of the useful life of that asset. Such methods include sum of the years digits, declining balance, and double declining balance. (II-24, B-2)

Authorization Path: 2.2.5.2.43.1