The Client Information System (CIS) is a web-based application designed for use on. most computers with an internet connection. There are, however, some minimum. requirements that must be met for its correct operation. While CIS may work (or. appear to work) normally on other operating systems or using other web browsers,
Amortization refers to spreading the cost of an intangible asset over its useful life. Depreciation refers to prorating the cost of a tangible asset over its estimated life. Intangible assets include patents, copyrights, and intellectual property. Tangible assets include land, buildings, equipment, and vehicles.
Amortization expense is a non-cash expense. Therefore, like all non-cash expenses, it will be added to the net income when drafting an indirect cash flow statement.The same applies to depreciation of physical assets, as well other non-cash expenditures, such as increases in payables and accumulated interest expenses.mortization expense refers to the depletion of intangible assets and can be a major source of expenditure on the balance sheet of some companies. Amortization is always a non-cash expense. Therefore, like all non-cash expenses, it must be added back to net earnings while preparing the indirect statement of cash flow.