This module consists of 8 short videos available on YouTube.com. They cover the following topics: single and lump sum purchases, straight-line depreciation, units-of-production depreciation, declining balance depreciation, partial year depreciation, rate revisions, and disposal of long-lived assets (donation, sale, and trade-in). Each video features the instructor using a flip-chart and walking the students through each topic. The videos could be used by students for review outside of class or by instructors for online lectures. The videos range from 3:59 - 6:11 minutes.
To learn the fundamentals recording purchases, calculating depreciation, making revisions, and disposing of long-lived assets.
Target Student Population:
High school or undergraduate Principles of Financial Accounting.
Prerequisite Knowledge or Skills:
Basis understanding of the rules of debits and credits.
Type of Material:
Individual review or preparation for in-class course. Coverage of concepts for on-line course
Adobe Flash Player is not supported for playback in a 64-bit browser (Windows Vista). However, viewers can use Flash Player in a 32-bit browser running on a 64-bit operating system. Adobe is working on Flash Player support for 64-bit platforms as part of their ongoing commitment to cross-platform compatibility. Support for 64-bit platforms is expected in an upcoming release that updates Flash Player 10.
Evaluation and Observation
Accurate content is clearly and concisely presented. Most of the issues relating to long-lived assets are covered. Each video contains a sufficient amount of material. Concepts are well integrated and informed by scholarship.
The following discussion are not present in this series of videos: 1) the concept of depreciation and it’s relationship to the matching principle, 2) the concept of estimation, and 3) the rationale for the use of contra accounts.
Potential Effectiveness as a Teaching Tool
The videos can be used in several different situations. The purpose of each video is identified as the instructor begins her discussion. The logical progression of the topics addressed is very good. The presenter builds on prior concepts and demonstrates relationships among them. Overall, the videos are very efficient, in that viewers have the potential to learn a lot in a short time.
Effectiveness is a bit of an issue in terms of the quality concerns mentioned previously. In addition, the discussion of partial year depreciation should have made reference to starting to record the depreciation a month after the purchase. Finally the discussion of revisions should have included some comments on how to calculate the revised amounts.
Ease of Use for Both Students and Faculty
Videos are easy to use. Presenter is energetic and articulate, using good tonal inflections when speaking. Most students are familiar with YouTube.com and will be more likely to view these videos because of the familiar format used. The videos can be stopped, started and replayed as desired. The presentations are simple, straight-to-the point, and always available. Background color choices serve to keep the viewers eyes focused on the flip chart.
While students may prefer watching a series of short lectures online at anytime rather than listening to a lecture in a classroom setting, it is almost impossible to make a presentation of this type more visually appealing or engaging. Inclusion of some graphics would enhance interest. Text could be professionally printed rather than hand written. When projected full screen, the image is a little fuzzy.