This course takes attendees through the steps required to plan and conduct a depreciation study. Through class discussion, the instructor demonstrates the PowerPlan options on a practical and theoretical level. There is instruction and discussion of the analysis tools used for forecasting service lives, estimating salvage and cost of removal, and calculating annual accrual rates and theoretical reserves.
Objectives:
At the end of this course, you will be able to:
- Explain what goes into a depreciation study
- Describe how to maintain your depreciation study database over the long-term
- Estimate the service life of your assets
- Analyze salvage and cost of removal
- Determine the depreciation rates suitable for your company
Intended Audience:
Anyone who is responsible for conducting a depreciation study using PowerPlan, or anyone who is interested in learning more about it.
Additional Information:
Prerequisites: Basic understanding of plant accounting
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Live/Group Internet Based
CPE Credits = 8 credits possible (1 Statistics, 3 Accounting, 4 Specialized Knowledge)
For information regarding refund, complaint, and/or program cancellation policies please visit our website
https://powerplan.com/support/powerplan-university/training-policy
PowerPlan is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org. PowerPlan’s NASBA Sponsor Number is 105404
