YoVDO

Learn Depreciation Accounting with Advanced Excel Model

Offered By: Udemy

Tags

Microsoft Excel Courses Financial Reporting Courses

Course Description

Overview

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

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

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


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 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!


Taught by

Prashant Panchal, ACA and ExActProBi (Prashant Panchal)

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