Depreciation Made Simple

Welcome to this free course on Depreciation.

In this course, you will learn one of the most important concepts in accounting and finance: how assets lose value over time and how that loss is recorded in financial statements.

Many things a business owns—such as equipment, vehicles, buildings, and computers—do not last forever. As they are used, they wear out, become outdated, or lose value. Depreciation is the method used to allocate the cost of these assets over their useful life.

What you will learn in this course: What depreciation is and why it is important

• The difference between depreciation, amortisation, and impairment
• Common methods of depreciation (straight-line, reducing balance, units of production)
• How to calculate depreciation step by step
• How depreciation affects financial statements and taxes
• Practical examples and real-life applications
• Why this matters: Understanding depreciation helps you: Read and prepare financial statements more accurately
• Make better business and investment decisions
• Understand how companies value their assets over time

By the end of this course, you will be able to confidently calculate and interpret depreciation in different scenarios.

The course is free of charge and takes about 30 mins to complete.