Depreciation and Provisions Course
Gain mastery in depreciation, provisions, and impairment through practical IFRS rules, journal entries, and examples. Learn to estimate repair costs, prepare disclosures, and accurately reflect effects on income statements and balance sheets.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This practical course teaches core concepts of depreciation, provisions, and impairment. Master calculating useful lives, straight-line depreciation, repair obligations, impairment tests, and differences between provisions and contingencies per IFRS and GAAP. Apply skills via journal entries, reconciliations, and note disclosures to confidently update financial statements.
Elevify advantages
Develop skills
- Master calculating straight-line depreciation charges and recording accurate journal entries confidently.
- Conduct IFRS-compliant impairment tests, compute losses, and handle reversals efficiently.
- Develop expertise in recognising, measuring, and reversing provisions for repairs and legal obligations.
- Understand and apply impacts on financial statements, PPE, provisions, and disclosure notes clearly.
- Practice step-by-step journal entries for depreciation, impairment, and provisions effectively.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
Your classes 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... thank you for everything you do, 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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