In this course, attendees will learn how Capital Budgeting interacts with Depreciation to generate a Depreciation Forecast, which assists with projected financial statements. Attendees will learn how to configure and maintain PowerPlan’s Forecast Depreciation features, including projected retirements, closings to plant assets, and multiple scenario analysis.
Topics:
- Overall Flow and Data
- Set Up
- Activity
- Tax Activity / Integration
- Reporting & Analysis
Objectives:
At the end of this course, you will be able to:
- Explain the flow of information from Book Depreciation and Capital Budgeting into Depreciation Forecast
- Demonstrate an ability to set up and maintain Groups and future Rates in multiple scenarios
- Run calculations and review the results
- Explain the options available for getting in future activity including additions, transfers, retirements, adjustments, and rate changes
Intended Audience:
Users responsible for accurate short or long-term depreciation forecasts for budgeting, planning, pricing and regulatory or those who are considering implementing the Depreciation Forecast functionality.
Additional Information:
Prerequisites: You should have a familiarity with Capital Budget and Book Depreciation.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Live or Group Internet Based
CPE: 4 (1 Accounting, 3 Finance)
