204 pages [122 self-teaching + 82 self-quizzes with detailed answers]
Section 1: Depreciation for book v. tax purposes. Two ways to compute depreciation. Recording depreciation if the financial statements must undergo a compilation or review.
Section 2: Depreciation under GAAP (for book purposes). Determining the cost of an individual asset v. group of assets v. contributed assets under generally accepted accounting principles (GAAP). Determining the asset’s estimated life, residual value and book value. Journal entries for a manufacturing v. nonmanufacturing company. How depreciation appears on the financial statements.
Section 3: The straight-line method. How to compute, allocate and book straight-line depreciation. How to set up and maintain the depreciation schedule using this method.
Section 4: The units of production method. How to compute, allocate and book units of production depreciation. How to set up and maintain the depreciation schedule using this method.
Section 5: The declining balance method. How to compute, allocate and book declining balance depreciation. How to set up and maintain the depreciation schedule using this method.
Section 6: The sum-of-the-years’-digits method. How to compute, allocate and book sum-of-the-years’-digits depreciation. How to set up and maintain the depreciation schedule using this method.
Section 7: Depreciation for tax purposes. How to depreciate equipment and buildings under MACRS. How to apply the half-year convention . . . mid-quarter convention . . . mid-month convention. How to use IRS tables. Applying the Section 179 deduction. How to set up and maintain the tax depreciation schedule.
Section 8: Depreciating vehicles for tax purposes. Annual IRS limits for cars. How IRS limits apply to unmodified SUVs, pickups and vans weighing up to 6,000 lbs. Sec. 179 and depreciation if these vehicles are modified or weigh over 6,000 lbs. How to handle employee personal use of company vehicles in a sole proprietorship, S corp, C corp or partnership. How to set up and maintain the tax depreciation schedule.
Publisher: AIPB
G –
I find it very informative & helpful. I enjoyed taking it.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
PATRICIA –
I enjoy the way it explains how depreciation works.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
OWEN –
Very thorough. Enough examples to ensure that one can learn and understand on a deep level.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ELIZABETH –
A thorough course on a lot of material.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
KOFFI –
The course is substantial giving you what is important and relevant to understand depreciation subject matter. It is also elegantly written making it refreshing or easy to assimilate.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ELIZABETH –
Great refresher……I still dislike Tax depreciation but its good to know
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
RICHARD –
Well written, easy to understand course.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
SANDRA –
I really liked the book.. it was very informative and easy to follow. Will be buying other books soon
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
EMMILY –
Learned a lot about depreciation. 
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
SLADANA –
I am satisfied with all AIPB books. Very informative and well written.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JAIME –
The booklet was very informative and easy to follow. The problems reinforced the material which made the questions at the end easy to answer.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JUAN –
It is very helpful for my job
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
HISAE –
it was confusing but the textbook helped me understand it very well
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JOHN –
This course was very interesting and informative. It was very helpful in preparing for the Bookkeeper Certification.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MEREDITH –
The different methods of calculating depreciation were explained very well.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
VICKI –
Detailed examples and easy to understand.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ANLYS –
We’ll organized strait to the point and how to
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ERIC –
I learned quite a bit about the subject of Depreciation, however, I wish there was more information provided for the Tax portion of Property, Equipment and Autos. The exam itself had a lot to do with these sections.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JAMES –
Good
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JUDY –
Well written, easy to understand and retain; examples and quizzes add an extra reinforcement to knowledge base.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
EDITH –
learned a lot
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
RITA –
The book was fine
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MAI –
Great book, very detailed and informative.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CHRISTINA –
Completely satisfied
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
REBECCA –
Very well-organized and easy to understand.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LOIS –
Very informative, practical, great examples to enhance understanding.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LAURA –
Good book. I learned a few things I did not know.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
PATTY –
Didn’t feel there was anything on the test regarding the 50% Bonus Depreciation, though I did review this quite well before the exam.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CRAIG –
Simple and straightforward
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JESUS –
Excellent.Updated
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal