Learn Depreciation Accounting with Advanced Excel Model

5.00 (3) 42 Students Enrolled

Course Created By, Prashant Panchal (ACA)

All Level 58.4 mins of Video Lecture Language: English Lifetime Access Certificate of completion Free

Enroll Now

Key Topics Covered

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

Who can take this course?

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)

Course 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)
Read Less

Course Instructor

Prashant Panchal (ACA) Follow

An Excel Expert and Data Transformation Enthusiast

0 Article 0 Answer 1 Course 42 Student 13 Influences

Hey, I am Prashant Panchal. I like helping fellow Accountants, Auditors and Analysts to become PRO at using Microsoft Excel. I have been using Excel for ma... Read More

Hey, I am Prashant Panchal. I like helping fellow Accountants, Auditors and Analysts to become PRO at using Microsoft Excel. I have been using Excel for mainly Accounting and Analytics for more than 13 years and I quite enthusiastic about sharing my knowledge with fellow Accountants, Analysts, or any Excel user I have come across many challenging reporting and analytics challenges during my career, and I was able to resolve the same using good old Microsoft Excel Spreadsheet application. With me, you will find Basic to Advanced Excel formulas and Functions, Tips and Tricks, Excel VBA ready to use codes.The thing I am most excited to share with you is Modern Excel Tools training and its basics to make your life easier as an Accountant or Analyst for Data cleaning, and Report automation, With Techniques, I have acquired using Excel for so many years, I pretty sure I can reduce your routine work Hey, I am Prashant Panchal. I like helping fellow Accountants, Auditors and Analysts to become PRO at using Microsoft Excel. I have been using Excel for mainly Accounting and Analytics for more than 13 years and I quite enthusiastic about sharing my knowledge with fellow Accountants, Analysts, or any Excel user I have come across many challenging reporting and analytics challenges during my career, and I was able to resolve the same using good old Microsoft Excel Spreadsheet application. With me, you will find Basic to Advanced Excel formulas and Functions, Tips and Tricks, Excel VBA ready to use codes.The thing I am most excited to share with you is Modern Excel Tools training and its basics to make your life easier as an Accountant or Analyst for Data cleaning, and Report automation, With Techniques, I have acquired using Excel for so many years, I pretty sure I can reduce your routine work Read Less