Accounting Dictionary

Natural Resources

Natural resources are assets that are not man-made.

Some examples are timber, water ways, coal, oil, and gas. These assets are not depreciated, but rather depleted. Depletion is computed in a manner very similar to units of cost depreciation.

Sign Up to Learn More!

Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!

Scroll to Top