Depreciation and Provisions Course
Gain mastery in depreciation, provisions, and impairment using clear journal entries, IFRS guidelines, and practical examples. Learn to estimate repair costs, create disclosure notes, and accurately reflect effects on income statements and balance sheets in financial reporting.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Acquire essential skills in depreciation, provisions, and impairment through this practical course. Master calculating asset useful lives, straight-line depreciation, repair provisions, impairment reviews, and differentiating provisions from contingencies per IFRS and GAAP standards. Utilise journal entries, reconciliations, and disclosures to confidently prepare precise financial statements.
Elevify advantages
Develop skills
- Master depreciation calculations including straight-line method and journal entries confidently.
- Conduct impairment tests under IFRS, compute losses and 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.
- Prepare practical journal entries for depreciation, impairment and provisions step by step.
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 purchased the one-year package and finally have the opportunity to follow various topics of my interest without needing to change platforms... I thank you for everything you do, I've already recommended you to other people...

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

Mariana FerresPhotography Student
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Luciana AlvarengaNail Design Student
The platform is fast, simple to use. The diversity of content and complementary videos help a lot with learning.

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