METHODS FOR ASSESSING ASSET DEPRECIATION IN COMMERCIAL BANKS

Authors

  • Yuldashev Ulugbek Xotambek o’g’li Banking and finance academy of the Republiс of Uzbekistan

Keywords:

Asset depreciation, commercial banks, financial transparency, regulatory compliance, risk management, straight-line method, declining balance method, impairment testing, revaluation, financial reporting, asset management.

Abstract

This article explores the methods for assessing asset depreciation in commercial banks, emphasizing their significance for financial transparency, regulatory compliance, and risk management. The study analyzes several key depreciation methods, including the straight-line method, declining balance method, sum-of-the-years-digits, units of production, impairment testing, and revaluation. Each method is evaluated for its applicability to different asset classes, such as fixed assets, loan portfolios, and real estate holdings. Additionally, the challenges of accurately assessing depreciation in complex financial environments are discussed. The findings highlight the need for commercial banks to adopt appropriate depreciation strategies that align with both regulatory standards and market conditions to ensure accurate financial reporting and asset management.

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References

Ahmed, T., & Liu, Y. (2023). Challenges in Financial Asset Valuation in the Banking Sector. Journal of Banking and Finance, 45(2), 345-362.

Brown, D. (2022). Advanced Depreciation Techniques in Financial Institutions. Global Financial Review, 19(3), 67-81.

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Khan, R., & Patel, S. (2023). Depreciation Methods for Fixed Assets in Commercial Banks. Journal of Finance and Accounting, 16(1), 89-110.

Martin, A. (2023). Revaluation of Real Estate Assets in Commercial Banking. Financial Reporting and Asset Management, 11(4), 201-215.

Miller, J., & Davis, H. (2021). A Comparative Analysis of Depreciation Methods. Accounting Review, 33(2), 210-225.

Peterson, L. (2020). The Units of Production Method: Applications in Banking. Banking Operations Journal, 9(1), 14-28.

Smith, E. (2022). The Role of Asset Depreciation in Financial Stability. Economic Insights, 22(3), 112-130.

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Published

2024-10-15

How to Cite

Yuldashev Ulugbek Xotambek o’g’li. (2024). METHODS FOR ASSESSING ASSET DEPRECIATION IN COMMERCIAL BANKS. Journal of Applied Science and Social Science, 14(10), 70–73. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/313

Issue

Vol. 14 No. 10 (2024): Journal of Applied Science and Social Science

Section

Articles

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