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.
Decide to depreciate or amortize. Allocate the costs of fixed assets over their estimated useful life by using depreciation or amortization methods. Depreciation is the loss or decrease in value of tangible assets while amortization measures the decline in value of intangible assets over a period of time.