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
Very thorough. Enough examples to ensure that one can learn and understand on a deep level.
A thorough course on a lot of material.
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.
Great refresher……I still dislike Tax depreciation but its good to know
Well written, easy to understand course.
I really liked the book.. it was very informative and easy to follow. Will be buying other books soon
Learned a lot about depreciation. 
I am satisfied with all AIPB books. Very informative and well written.
The booklet was very informative and easy to follow. The problems reinforced the material which made the questions at the end easy to answer.
It is very helpful for my job
it was confusing but the textbook helped me understand it very well
This course was very interesting and informative. It was very helpful in preparing for the Bookkeeper Certification.
The different methods of calculating depreciation were explained very well.
Detailed examples and easy to understand.
We’ll organized strait to the point and how to
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.
Good
Well written, easy to understand and retain; examples and quizzes add an extra reinforcement to knowledge base.
learned a lot
The book was fine
Great book, very detailed and informative.
Completely satisfied
Very well-organized and easy to understand.
Very informative, practical, great examples to enhance understanding.
Good book. I learned a few things I did not know.
Didn’t feel there was anything on the test regarding the 50% Bonus Depreciation, though I did review this quite well before the exam.
Simple and straightforward
Excellent.Updated
Very good. I also remembered a lot from my accounting days. Some assumptions were made on the questions but the info was very clear.
Unless calculating depreciation (in all it’s options) is a normal part of your routine, I would suggest you read through this course twice before taking the final exam. Since, for me, depreciation has never been part of my normal routine (a task left to the tax accountant at year end) my only responsibility, relating to depreciation entries, was to complete the year-end journal entry amounts as advised by the accountant. After completion of this course, I have acquired the knowledge and understanding of the depreciation process, but would need much more consistent, real-life experience before feeling confident performing depreciation calculations. Definitely a course worth taking, even if not within your normal assigned/requested responsibilities. Another plus is the Continuing Professional Education Credits towards the CB title/certification – so can’t go wrong there!