Learn Depreciation Accounting with Advanced Excel Model

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

Reed courses certificate of completion

Digital certificate - Included

• Introduction 05:20

  • 1: Introduction to the Course Preview 03:18
  • 2: What you need to know before taking the course Preview 01:02
  • 3: Download the SLN Depreciation Template here (Must have) 01:00

• What is Depreciation? What is amortization? And related terms 07:11

  • 4: Definition of Depreciation 01:40
  • 5: What is depreciation 01:40
  • 6: What is amortization_ (Depreciation vs Amortization) 02:03
  • 7: What are the related terms (other terms) to Depreciation_ 01:48

• Various methods of depreciation and Depreciation Accounting 13:21

  • 8: 1 Most common methods of Depreciation 08:46
  • 9: 2 Accounting for Depreciation 04:35

• Depreciation and Taxation 07:23

  • 10: Depreciation Tax Shield 04:13
  • 11: Depreciation Tax Shield Under Various Depreciation Methods 03:10

• Master Depreciation Model (how to use) 29:05

  • 12: Introduction and basics of Depreciation Model in Excel 01:27
  • 13: Deep Dive into Depreciation Model 07:03
  • 14: How to use the model with Example 10:02
  • 15: Advanced functionalities of the Model 10:33

• Conclusion (Thank you) 00:24

  • 16: Course Resources - Thank you 00:24

****** 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!

• 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

• 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)

• 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

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