Fixed Assets & Depreciation Accounting with Excel Models

Descripción

Depreciation accounting sounds straightforward — until you're managing 30 assets, mid-year disposals, multiple methods, and a manager waiting for accurate numbers. This course gives you both the theory and the tools to handle it properly. BONUS: FREE PRO DEPRECIATION TEMPLATE — NOW INCLUDED A new lecture has been added exclusively for enrolled students. You will receive the Pro Depreciation Calculator — a professionally built Excel model that handles: • Up to 50 fixed assets in a single file • Three depreciation methods: SLN (Straight Line), DB (Declining Balance), and DDB (Double Declining Balance) • Mid-year asset additions and disposals • Live Dashboard with KPIs — total cost, accumulated depreciation, net book value, tax shield • Automated Validation Report — flags errors before they reach your books • Monthly depreciation output schedule • Power Query-enhanced detailed report This template is free for all enrolled students. Details are in the bonus lecture inside the course. WHAT THIS COURSE COVERS Over 7,300 accountants, auditors, and finance professionals have used this course to sharpen their depreciation knowledge and build models they can rely on. The course focuses on the practical realities of fixed asset accounting — not just the formulas, but the situations where things go wrong: - What happens when an asset is purchased or disposed of mid-year? - How do you calculate the exact gain or loss on disposal? - How do you forecast depreciation for next year's budget? - What is the balance sheet and P&L impact of each transaction? You will work through real examples and learn how the depreciation model handles each scenario — including the ones your colleagues struggle with. WHO BUILT THIS Prashant Panchal is a Chartered Accountant (ACA) and FMVA® with 19 years of senior finance experience across the GCC — including 13 years as Finance Director at a multi-country operation. He has personally built and used depreciation models in live finance functions, audit engagements, and FP&A cycles. This course is built from that experience — not from textbooks.

Lo que aprenderás

• Apply straight-line (SLN), declining balance (DB), and double declining balance (DDB) depreciation methods to real assets
• Calculate profit or loss on asset disposals accurately, including mid-year and partial-period transactions
• Forecast and budget depreciation costs for future periods using a professional Excel model
• Build and use the included Pro Excel Template to manage depreciation for up to 50 assets across three methods
• Construct correct journal entries for depreciation charges, disposals, and their impact on the P&L and balance sheet
• Identify and correct common depreciation errors that affect financial reporting and audit outcomes

Requisitos

• Basic to Intermediate knowledge of Microsoft Excel
• Basic understanding of double-entry accounting (debits, credits, P&L, balance sheet)
• Microsoft Excel 2010 or later (Windows or Mac)
• Accounting terms for fixed assets and depreciation are explained in the introduction section