The question of depreciation of fixed assets

The author analyzes the sources of data that are commonly used to draw conclusions about the physical condition of fixed assets of production, since this issue is relevant when making management decisions about the reproduction of fixed assets, repairs, upgrades. It comes to the conclusion that the use of depreciation as a depreciation characteristic of fixed assets is erroneous, although it is common in the practice of economists and appraisers, since this indicator is not associated with either physical wear or the economic life of fixed assets.