Depreciation and Provisions Course
Gain mastery in depreciation, provisions, and impairment through straightforward journal entries, IFRS guidelines, and practical examples. Learn to estimate repair costs, create note disclosures, and accurately reflect effects on income statements and balance sheets. This course equips you to handle these key accounting areas confidently and precisely.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Master core concepts of depreciation, provisions, and impairment in this practical course. Learn to determine useful lives, compute straight-line depreciation, assess repair obligations, conduct impairment reviews, and differentiate provisions from contingencies per IFRS and GAAP standards. Using journal entries, reconciliations, and disclosures, confidently prepare accurate financial statements.
Elevify advantages
Develop skills
- Master calculating straight-line depreciation charges and recording accurate journal entries.
- Conduct impairment tests using IFRS standards, compute losses, and handle reversals efficiently.
- Recognise, measure, and reverse provisions for repairs and legal obligations with expertise.
- Update property, plant, equipment, provisions, and disclosures in financial statements.
- Prepare practical journal entries for depreciation, impairment, and provisions step by step.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workloadWhat our students say
Your lessons are perfect. I got the one-year package and finally have the chance to follow several topics I'm interested in without having to switch platforms... I appreciate everything you do, and I've already recommended you to others...

Giulio CarloDigital Marketing Student
I like how the lessons get straight to the point and how I can switch chapters and skip content I don't need.

Mariana FerresPhotography Student
I like the content and the way the videos are presented and transcribed, which speeds up the process!

Luciana AlvarengaNail Design Student
The platform is fast and easy to use. The variety of content and the extra videos really help with learning.

Giulio CarloPrompt Engineering Student
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