Accounting for Depreciation and Non-Controlling Interest

*#1 Most Popular Online Course & Internship in Economics and Finance* You can enroll today & get certified from EasyShiksha & HawksCode.

Accounting for Depreciation and Non-Controlling Interest Description

Introduction:

This course provides a comprehensive overview of accounting for depreciation and non-controlling interest. Depreciation is a crucial aspect of accounting that impacts the financial statements and decision-making process within organizations. Additionally, understanding non-controlling interest is essential for companies with subsidiaries and complex ownership structures. Through this course, students will explore various methods, entries, and scenarios for accounting depreciation, as well as the intricacies of non-controlling interest and consolidation processes.

Section 1: Accounting for Depreciation

This section begins with an introduction to depreciation accounting, discussing its significance in maintaining accurate financial statements. Various methods of depreciation accounting, such as the Unit of Production Method, are covered in detail. Students will learn about the appropriate accounting entries required for depreciation in ERP systems, focusing on both practical examples and theoretical foundations. A deep dive into the Asset History Sheet and Asset Exploration will help students gain insights into tracking and reconciling asset depreciation over time. Reconciliation techniques, along with examples, ensure clarity on balancing financial records.

Moreover, financial statement analysis is covered, highlighting how depreciation affects various financial reports. Practical examples using trial and balance sheets, capital expenditures, and assets under construction are discussed to solidify the understanding of depreciation accounting. Component depreciation and related issues, such as impairment and its reversal, are also explored. The course covers the depletion method and its importance in accounting for natural resources. Finally, students will explore the concept of revaluation depreciation and its application in different scenarios.

Section 2: Non-Controlling Interest Tutorials

The second section transitions into the realm of non-controlling interest, beginning with a detailed introduction. The course clarifies how non-controlling interest is defined and why it's important in the context of subsidiaries. Simple examples are used to illustrate the measurement of non-controlling interest and its impact on consolidated financial statements. Students will learn about the consolidation process, working through practical examples that demonstrate how to handle non-controlling interest in real-world accounting situations. The section ends with advanced examples of consolidation, ensuring students have a robust understanding of these key concepts.

Conclusion:

This course on Accounting for Depreciation and Non-Controlling Interest equips learners with essential knowledge for managing depreciation entries and handling non-controlling interest in financial statements. By the end of the course, students will be able to confidently manage depreciation accounting processes, reconcile financial data, and handle the consolidation of financial statements involving non-controlling interest.

Q.Is the course 100% online? Does it require any offline classes too?

The following course is fully online, and hence there is no need for any physical classroom session. The lectures and assignments can be accessed anytime and anywhere through a smart web or mobile device.

Q.When can I start the course?

Anyone can choose a preferred course and start immediately without any delay.

Q.What are the course and session timings?

As this is a purely online course program, you can choose to learn at any time of the day and for as much time as you want. Though we follow a well-established structure and schedule, we recommend a routine for you as well. But it finally depends on you, as you have to learn.

Q.What will happen when my course is over?

If you have completed the course, you would be able to have lifetime access to it for future reference too.

Q.Can I download the notes and study material?

Yes, you can access and download the content of the course for the duration. And even have lifetime access to it for any further reference.

Q. What software/tools would be needed for the course and how can I get them?

All the software/tools that you need for the course would be shared with you during the training as and when you need them.

Q. Do I get the certificate in a hard copy?

No, only a soft copy of the certificate will be awarded, which can be downloaded and printed, if required.

Q. I’m unable to make a payment. What to do now?

You can try to make the payment through a different card or account (maybe a friend or family). If the problem persists, email us at info@easyshiksha.com

Q. The payment got deducted, but the updated transaction status is showing “failed”. What to do now?

Due to some technical faults, this can happen. In such a case the amount deducted will be transferred to the bank account in the next 7-10 working days. Normally the bank takes this much time to credit the amount back into your account.

Q. The payment was successful but it still shows ‘Buy Now’ or not showing any videos on my dashboard? What should I do?

At times, there may be a slight delay in your payment reflecting on your EasyShiksha dashboard. However, if the problem is taking longer than 30 minutes, please let us know by writing to us at info@easyshiksha.com from your registered email id, and attach the screenshot of the payment receipt or transaction history. Soon after verification from the backend, we will update the payment status.

Q. What is the refund policy?

If you have enrolled, and are facing any technical problem then you can request a refund. But once the certificate has been generated, we shall not refund that.

Q.Can I just enrol in a single course?

Yes! You surely can. To begin this, just click the course of your interest and fill in the details to enrol. You are ready to learn, once the payment is made. For the same, you earn a certificate too.

My questions are not listed above. I need further help.

Please contact us at: info@easyshiksha.com

Easy Shiksha for Students/Parents

Discover thousands of colleges and courses, enhance skills with online courses and internships, explore career alternatives, and stay updated with the latest educational news..

EasyShiksha for Institutes/Colleges/Universities

Gain high-quality, filtered student leads, prominent homepage ads, top search ranking, and a separate website. Let us actively enhance your brand awareness.

Goals

Course List

Accounting for Depreciation and Non-Controlling Interest

This course & internship includes