depletion methods
[/dɪˈpliːʃən ˈmɛθədz/]
nounpl: depletion methods
métodos de depreciação por esgotamento
1. Accounting techniques used to allocate the cost of natural resource extraction over the period during which the resources are consumed or extracted
The mining company applied depletion methods to calculate the cost of extracting iron ore from the deposit.
A empresa de mineração aplicou métodos de depreciação por esgotamento para calcular o custo de extração de minério de ferro do depósito.
2. A depreciation approach used in taxation and financial reporting for industries that deplete non-renewable resources such as oil, gas, minerals, and timber
Depletion methods help companies track the reduction in value of their natural resource assets.
Os métodos de esgotamento ajudam as empresas a rastrear a redução no valor de seus ativos de recursos naturais.
Depletion methods are particularly important in Brazil's oil and mining industries, where companies like Petrobras and Vale use these accounting techniques for regulatory compliance and shareholder reporting. In the USA, the IRS provides specific depletion allowances, particularly relevant for oil and gas companies operating in states like Texas and Oklahoma.
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