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Fixed Assets & Depreciation Accounting with Excel Models (Udemy.com)

Master SLN, DB & DDB methods with practical examples | Free Pro Excel Template for 50 assets included

Created by: Prashant Panchal, ACA

Last updated May 2026

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What you will learn

  • Apply straight-line (SLN), declining balance (DB), and double declining balance (DDB) depreciation methods to real assets
  • Calculate profit or loss on asset disposals accurately, including mid-year and partial-period transactions
  • Forecast and budget depreciation costs for future periods using a professional Excel model
  • Build and use the included Pro Excel Template to manage depreciation for up to 50 assets across three methods
  • Construct correct journal entries for depreciation charges, disposals, and their impact on the P&L and balance sheet
  • Identify and correct common depreciation errors that affect financial reporting and audit outcomes

How it compares

Against the other 355 rated Udemy courses in Excel on CourseDuck:

  • Rating4.5 out of 5higher than 39% of them
  • Reviews548#219 of 356 by number of reviews
  • Length1.3 hoursshorter than 92% of them
  • Last updatedMay 2026more recently than 85% of them

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Course Description

Depreciation accounting sounds straightforward — until you're managing 30 assets, mid-year disposals, multiple methods, and a manager waiting for accurate numbers.

This course gives you both the theory and the tools to handle it properly.


BONUS: FREE PRO DEPRECIATION TEMPLATE — NOW INCLUDED

A new lecture has been added exclusively for enrolled students.

You will receive the Pro Depreciation Calculator — a professionally built Excel model that handles:

  • Up to 50 fixed assets in a single file

  • Three depreciation methods: SLN (Straight Line), DB (Declining Balance), and DDB (Double Declining Balance)

  • Mid-year asset additions and disposals

  • Live Dashboard with KPIs — total cost, accumulated depreciation, net book value, tax shield

  • Automated Validation Report — flags errors before they reach your books

  • Monthly depreciation output schedule

  • Power Query-enhanced detailed report

This template is free for all enrolled students. Details are in the bonus lecture inside the course.


WHAT THIS COURSE COVERS

Over 7,300 accountants, auditors, and finance professionals have used this course to sharpen their depreciation knowledge and build models they can rely on.

The course focuses on the practical realities of fixed asset accounting — not just the formulas, but the situations where things go wrong:

- What happens when an asset is purchased or disposed of mid-year?

- How do you calculate the exact gain or loss on disposal?

- How do you forecast depreciation for next year's budget?

- What is the balance sheet and P&L impact of each transaction?


You will work through real examples and learn how the depreciation model handles each scenario — including the ones your colleagues struggle with.


WHO BUILT THIS

Prashant Panchal is a Chartered Accountant (ACA) and FMVA® with 19 years of senior finance experience across the GCC — including 13 years as Finance Director at a multi-country operation. He has personally built and used depreciation models in live finance functions, audit engagements, and FP&A cycles.

This course is built from that experience — not from textbooks.

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Instructor Details

Prashant Panchal, ACA

Prashant Panchal | ACA, FMVA — Finance Director. Educator. AI-First Finance Practitioner.

Nineteen years as a senior finance executive in the GCC. Chartered Accountant. FMVA. Big 4 audit foundation, followed by 13 years as Finance Director of a global security solutions company — running a multi-country operation across three countries with 1,850 staff, four service lines, and a full IFRS reporting stack.

The numbers from that stretch: revenue up 150% over 13 years. DSO down from 150 to 55 days. Cash flow conversion at 120%. Budget accuracy from 60% to 90%. Report production cut by 70%. Month-end close accelerated by two working days. None of that came from better intentions — it came from building the right tools and automating the right processes.

That is what I teach here.

Every course I've built — financial modelling, depreciation accounting, advanced Excel, automation with Power Query and VBA — came directly out of a problem I had to solve in a live finance function. Not a textbook scenario. Not a clean dataset. The messy, mid-month, pressure-cooker version of the problem that your manager needs resolved before the board pack goes out.

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Reviews

4.5

548 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Jessica Groos on 5/6/2025

The provided workbooks are extremely helpful. However, the instruction pace is very fast. It would be great if Mr. Panchal talked more slowly.

By Anonymized User on 10/20/2020

Really deep explanations related to Depreciations, i learned a lot through this training

By Anonymized User on 6/13/2020

This course thoroughly explained the concept of depreciation and gave practical examples. The excel spreadsheet is a wonderful tool! This class "filled in" in some knowledge gaps for me. Thank you!

By Lynn Cox on 9/12/2019

I am really pleased with this course, very happy to have the excel template and looking forward to putting in my own data. Sometimes, I found the talking a little fast for me, but turning on subtitles helped, I did appreciate the faster talking when it was a topic that I knew though :) Glad I could back up and see again the steps that I needed to understand fully the spreadsheet. Thank you!

By Muthukumar Neelakantan on 8/13/2017

Really a good course. Request the instructor to come up with an Excel course on building such models

By Swan Cheng on 4/18/2017

The material provided was very useful. The slides were very good. You need to speak slower - especially in the theory slide sections where you explain the three different types of depreciation methods.

By Abdul Samad on 3/26/2017

Really enjoyed this course. Although I have experience in a number of the topics still found some gems that I can use in my everyday work and thanks for all the tips and shortcuts they will definitely help! Great content and pacing, with loads of data to play with as you learn.

By Uma Dosapati on 3/22/2017

Clarity of concepts and practical usage of the same . Best teaching i had ever come across.Thanks for Course . I recommend the course to my friends.

By Jasmine Ng on 3/1/2017

Instructor was very good with his step- by -step explanations. He has even done up an impressive Fixed Asset Depreciation template and shared the template willingly. I have not opened the template (please email me the code). Thank you !

By Thuy Ha on 2/24/2017

The template is very effective but I don`t understand clearly the method and the meaning of numbers. if there are pictures or illustration may be easier to understand the definition.

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Overall Score : 90 / 100