Depreciação de veículos pesados nas empresas de transportes de cargas em Moçambique

Abstract

Depreciation of fixed assets is an integral part of companies' self-financing and influences their economic performance during a given economic period. This paper aims to present a study on the “Depreciation of heavy vehicles in cargo transport companies in Mozambique”. With this study it is intended to understand the reasonableness of the methods of depreciation of vehicles applied to recognize the costs arising from their wear in each economic period. The study was relevant in that it allowed us to understand the depreciation process applied in companies, the basis for its adoption and its consonance with the nature of exploitation of the fixed assets in question. In general terms, cargo transport companies in Mozambique adopt the constant quota method based on tax legislation to depreciate vehicles. This method does not allow the company to report costs arising from wear and tear on vehicles to annual costs at their reasonable level. , in relation to their economic reality. This lack of rigor in the calculation of periodic quotas is reflected throughout the useful life of the vehicles in the company's assets and results, hence the importance of depreciation in business management. However, it is recommended that managers adopt, in their companies, a depreciation system that reconciles the wear verified on vehicles and the costs to be reported in each economic period. The legislator of tax matters, with regard to the depreciation of fixed assets, there is a need to update the rates currently used in depreciation for tax purposes so that the resulting depreciation quotas faithfully reflect the current reality of the elements of fixed assets..