Learn Depreciation Accounting with Advanced Excel Model

Location
Online
Dates
Can be taken anytime
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Price
$10

Course Overview

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 !

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)

Who should take 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 wants to estimate impact of depreciation on their investment and Profit and Loss over fixed term (usually assets useful life)

Accreditation

Course Completion Certificate

Course content

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

About Course Provider

Simpliv LLC, a platform for learning and teaching online courses. We basically focus on online learning which helps to learn business concepts, software technology to develop personal and professional goals through video library by recognized industry experts or trainers.

Why Simpliv

With the ever-evolving industry trends, there is a constant need of the professionally designed learning solutions that deliver key innovations on time and on a budget to achieve long-term success.

Simpliv understands the changing needs and allows the global learners to evaluate their technical abilities by aligning the learnings to key business objectives in order to fill the skills gaps that exist in the various business areas including IT, Marketing, Business Development, and much more.

Frequently asked questions

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