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Learn Depreciation Accounting with Advanced Excel Model

Accounting for Fixed Assets & Depreciation with a Robust Excel Model to derive/forecast/budget depreciation and Assets


ExActProBi

Summary

Price
Save 59%
£10 inc VAT (was £24.99)
Offer ends 31 October 2021
Study method
Online, On Demand What's this?
Duration
1 hour
Qualification
No formal qualification
Additional info
  • Tutor is available to students
  • Certificate of completion available and is included in the price

106 students purchased this course

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Overview

What you'll 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

Curriculum

6
sections
16
lectures
1h 3m
total

Course media

Description

****** Major Update to this Course is coming soon, I will completely revamp the course with additional PRO Excel Templates for other methods of Depreciation: DB (WDV), VDB (DDB), SYD Methods *********

Depreciation Accounting for Fixed assets is usual 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, the impact of the sale of assets (profit and loss) on your profit and loss statement and Balance sheet

The 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 a free copy of the template used in the course !! So let's dive into it!

Who is this course 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 want to estimate the impact of depreciation on their investment and Profit and Loss over a fixed term (usually assets useful life

Requirements

  • 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 the introduction section of this course)

Career path

  • 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 want to estimate the impact of depreciation on their investment and Profit and Loss over a fixed term (usually assets useful life

Questions and answers

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