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The Basics of Accounting for Assets: Long-Term Assets
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The Basics of Accounting for Assets: Long-Term Assets

Master long-term asset accounting: learn to classify, manage, and report on property, plant, equipment, and intangible assets including depreciation methods.

Course Cost

₹ 2,699

Beginner

Skill Level

1 Hour

Self-paced lessons

Dive into the world of long-term asset accounting with this comprehensive course. Learn to classify and manage property, plant, and equipment, as well as intangible assets and goodwill. Explore depreciation principles, the matching concept, and various methods for allocating asset costs over their useful lives. Ideal for beginners with basic numerical skills seeking to understand the complexities of long-term asset accounting.

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What you'll learn

  • Identify and classify different types of long-term assets

  • Understand the accounting treatment for property, plant, and equipment

  • Learn the principles of depreciation and various depreciation methods

  • Comprehend the concept of goodwill and its accounting implications

  • Explore the nature of intangible assets and their reporting on the balance sheet

  • Understand the accounting processes for asset disposal, including retirement, sale, or exchange

  • Gain practical skills in long-term asset management and reporting

Skills you'll gain

long-term assets
property plant equipment
intangible assets
depreciation
goodwill
asset disposal

This course includes:

14 Minutes PreRecorded video

1 assignment

Access on Mobile, Tablet, Desktop

FullTime access

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Get a Completion Certificate

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Certificate
Certificate

Get a Completion Certificate

Share your certificate with prospective employers and your professional network on LinkedIn.

CREATED BY

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PROVIDED BY

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Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.

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There is 1 module in this course

This course provides an in-depth exploration of long-term assets in accounting. It covers the classification and management of property, plant, and equipment, as well as the nuances of goodwill and intangible assets. Students will learn about depreciation principles, including the matching concept and various methods for allocating asset costs over their useful lives. The course also addresses the accounting processes involved in the retirement, sale, or exchange of long-term assets. Through video lectures, readings, and a graded assignment, learners will gain practical skills in identifying, classifying, and accounting for long-term assets.

The Basics of Accounting for Assets: Long-Term Assets

Module 1 · 39 Minutes to complete

Fee Structure

Payment options

Financial Aid

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Faculties

These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.

The Basics of Accounting for Assets: Long-Term Assets

Beginner

Skill Level

1 Hour

Self-paced lessons

Course Cost

₹ 2,699

Completion

CERTIFICATE

Frequently asked Questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.