Ohio Admin. Code 1301:9-2-15

Current through all regulations passed and filed through December 23, 2024

Section 1301:9-2-15 - Depreciation and amortization

The term "depreciation" means the systematic allocation of the cost of an asset to expense over the accounting periods making up the asset's useful life according to GAAP.

Ohio Admin. Code 1301:9-2-15

Five Year Review (FYR) Dates: 5/15/2024 and 05/15/2029
Promulgated Under: 119.03
Statutory Authority: 1733.41
Rule Amplifies: 1733.41
Prior Effective Dates: 02/11/1988, 08/03/1993, 07/01/2006, 03/22/2012, 11/26/2018

Effective: 11/26/2018
Five Year Review (FYR) Dates: 9/10/2018 and 11/24/2023
Promulgated Under: 119.03
Statutory Authority: 1733.41
Rule Amplifies: 1733.04
Prior Effective Dates: 2/11/88, 8/3/93, 7/1/06, 3/22/12