Financial reporting problem, apple inc.
At September 27th 2014 the accumulated depreciation for the period ended was estimated to be around $400 million which would mean that the net book value of these items was $800 million. Accumulated depreciation is an accounting term used to represent a company’s ongoing expense for investments in physical capital assets such as buildings and equipment it has purchased over its life span; this figure is deducted from the cost of those assets when calculating total book value.
The purchase or construction of property, plant & equipment represents a significant investment by companies; this means accurate inventory tracking must be maintained including full records on acquisitions , disposals , depreciation rates applicable etc . This information is necessary not only for financial reporting purposes but also for decision making related to replacement decisions or acquisition strategies . Additionally , certain types of organized financial statements may require additional details about PP&E such as changes during particular periods (such as between the start date and end date mentioned here ) or components broken down into separate category amounts which could help provide further insight into how profit margins are affected by relevant expenses .