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Accounting For Depreciation with Advanced Excel Model

Accounting For Depreciation with Advanced Excel Model

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • On-Demand course

  • 1 hour 1 minutes

  • All levels

Description

Description

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, 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 !

What Will I 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

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 introduction section of this course)

Who is the target audience?

  • 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)

Introduction

Accounting For Depreciation with Advanced Excel Model Introduction

00:03:00

Minimum requirements before taking the course

00:01:00

What is Depreciation? What is amortization? And related terms

What is Depreciation

00:02:00

What is Amortization?

00:02:00

What Are The Related Terms

00:02:00

Various methods of depreciation and Depreciation Accounting

Most common methods of Depreciation

00:09:00

Depreciation Accounting

00:05:00

Depreciation and Taxation

Depreciation Tax Shield

00:04:00

Depreciation Tax Shield Under Various Depreciation Methods

00:03:00

Master Depreciation Model (how to use)

Introduction and basics of Depreciation Model in Excel

00:01:00

Deep Dive into Depreciation Model

00:07:00

How to use the model with Example

00:10:00

Advanced functionalities of the Model

00:11:00

Conclusion (Thank you)

Conclusion

00:01:00

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