London Stock Exchange Group Content Analyst Interview Questions, Process, and Tips

Depreciation is for tangible assets, while amortization is for intangible assets.

• Depreciation is the allocation of the cost of tangible assets over their useful life.

• Amortization is the allocation of the cost of intangible assets over their useful life.

• Depreciation is typically used for assets like buildings, machinery, and vehicles.

• Amortization is used for assets like patents, copyrights, and trademarks.