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Learn Depreciation Accounting With Advanced Excel Model

Learn How to Handle Practical Accounting Issues Forecast Depreciation Costs Impact of Sale of Assets On Profit Loss Statement And Balance Sheet. Explore More!

Features Includes:
  • Self-paced with Life Time Access
  • Certificate on Completion
  • Access on Android and iOS App

Course Preview Video

  • Categories

    Productive Expertise & Efficiency

  • Duration

    01:00:04

  • 1 Students Enrolled

Depreciation Accounting Fundamentals: A Complete Hands-On Course.

Description

Depreciation Accounting for Fixed assets is routine activity and process for any accountant in his/her job, but things can get really tricky and difficult when there are numbers of assets and there are transactions like disposal, sale and purchase in mid-month/mid-year. 

This course is designed to help you understand the concept of depreciation through practical situations and examples  

It is very important to have a robust Fixed assets and depreciation model in place which calculates accurate depreciation monthly, helps you in budgeting and forecasting depreciation costs for next year (years to come).

Also when there are assets sale/disposal you need to figure out exact profit or loss on such sale/disposal (especially when it takes place on old days in the month/year) 

I will guide you through practical accounting issues and situations while accounting for depreciation, forecasting depreciation costs, impact of sale of an assets (profit and loss) on your profit and loss statement and Balance sheet 

Depreciation model which I have prepared for the course is quite robust and takes care of any practical scenario in dealing with situations

At end of his course, you will have hands-on experience in dealing with any challenging depreciation and fixed assets accounting situation and its financial impact (which your manager would want to know accurately).

You will also receipt free copy of the template used in the course !! So let's dive into it ! 

Who this course is for:

  • Accountants who want to sharpen their practical accounting Knowledge for Fixed Assets and depreciation Accounting
  • Auditors who want to audit effectively for Fixed assets and depreciation for their clients
  • Non-Accounting professional/Entrepreneurs who wants to estimate impact of depreciation on their investment and Profit and Loss over fixed term (usually assets useful life) 

Basic knowledge
  • Basic to Intermediate knowledge of Microsoft Excel
  • Basic to Intermediate knowledge of Accounting (Practical Accounting)
  • Accounting terms for Fixed Assets and Depreciation (briefly explained in introduction section of this course)

What will you learn
  • Hands on knowledge on how depreciation and fixed assets accounting works
  • Fixed assets and depreciation forecasting in Business budgeting
  • The impact of the sale of assets prematurely on your profit and loss for the period
Course Curriculum
Number of Lectures: 15 Total Duration: 01:00:04
Reviews
Mechelle D Penton – December 09, 2019

Accent makes it very difficult to understand the instructor.