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#592191 - 08/02/06 05:09 PM Does the value of a "bonus" depreciate?
WheezeKid Offline
100 Club
Joined: Jun 2004
Posts: 137
New Jersey
Is depreciation considered when determining the value of a bonus under regulation DD? If, say, our FI bought merchandise two years ago valued at $15, but now the value is determined to be less than $10, is this considered a bonus item?
Last edited by Ken_Pegasus; 08/02/06 05:50 PM.
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#592192 - 08/08/06 01:21 AM Re: Does the value of a "bonus" depreciate?
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
There are no provisions for depreciation of value in any document of which I am aware. All guidance is based on cost to the institution.
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