The PP&E account is often denoted as the net of accumulated depreciation. This means that, if a company does not purchase new equipment (capital expenditures is zero), net PP&E should slowly decrease in value every period due to depreciation. This can be better determined by a depreciation schedule.
The formula for calculating net PP&E is:
Net PP&E = Gross PP&E + Capital Expenditures – Accumulated Depreciation
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Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy.
A well rounded financial analyst possesses all of the above skills!
Additional Questions & Answers
CFI is the global institution behind the financial modeling and valuation analyst FMVA® Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many resources to assist you along the path.
In order to become a great financial analyst, here are some more questions and answers for you to discover:
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