Depreciation/Public Utility Valuation (Book).

Key Points

• The aim is to review two important books related to depreciation and public utility valuation.
• Analytical review of 'Public Utility Valuation' by Williard J. Graham.
• Critical assessment of 'Depreciation, A Review of Legal and Accounting Problems.'
• Highlights key concepts of depreciation in public utility contexts.
• Identifies legal and accounting challenges discussed in the literature.