أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
No, Dereciation Tax Shield is relevant in computing cash flow related reports/activities i.e free cash flow to equity or firm, cashflow forecast, and etc.
Carrying Value of fixed assets are only affected by depreciation, impairment and change in depreciation policy.