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Peer Review

Depreciation, Depletion, and Amortization

by Alison Riley


Overall Rating:

4.75 stars
Content Quality: 4.75 stars
Effectiveness: 4.75 stars
Ease of Use: 4.5 stars
Reviewed: Mar 05, 2013 by Business Editorial Board
Overview: This module provides an introduction to the accounting for the amortization of long-lived assets. Calculations and journal entries are illustrated for depreciation, depletion, and amortization expense.
Learning Goals: Students will understand: 1) how to compute depreciation (straight-line, and double-declining balance methods), depletion, and amortization for long-lived assets. 2) how to record journal entries for depreciation of plant assets, amortization of intangibles, and depletion of natural resources.
Target Student Population: High school accounting course or introductory financial accounting at the lower division undergradue college/university level especially for non-accounting students.
Prerequisite Knowledge or Skills: Basic understanding of the double-entry accounting concept.
Type of Material: YouTube presentation
Recommended Uses: As a resource in an on-line course or outside of class for review. If used in class, once the vidieo is shown, teams could solve problems requiring journalizing the necessary transactions.
Technical Requirements: Bowser

Evaluation and Observation

Content Quality

Rating: 4.75 stars
  • This video presentation explains the basic accounting concepts of depreciaiton, amortization, and depletion for long-lived assets. Both the straight-line and double-declining balance methods are illustrated as well as the partial year calculation for the straight-line method. Journal entries are also presented as well as the concept of book value.
  • The video begins with an overview of all three concepts and then provides more detailed illustrations later in the presentation. It also provides a nice explanation of the concepts applicable for a high school or undergraduate principles of financial accounting course.
  • Content is accurate, current, and relevant.
  • Concerns:
  • The video is based on US GAAP and may not be consistent with the application of IFRS.
  • The video is not not self-contained in that no associated assignments exist.
  • Toward the latter part of the video, impairment of an asset is mentioned, but the term is not explained.

  • Potential Effectiveness as a Teaching Tool

    Rating: 4.75 stars
  • The presenter clearly states the purpose of the presentation and provides a nice progression through each of the depreciation, amortization and depletion concepts.
  • Concepts are reinforced progressively building on prior discussions.
  • Much can be learned from viewing this very concise presentation of just over 16 minutes.
  • The video can be used in a variety of principles of accounting classes as well as a MBA class for non accounting majors.
  • The content will enhance the instruction and learning of traditional concepts included either for an online or on-campus course.
  • Concerns:
  • The need for understanding double-entry accounting as a prerequisite is not indicated.
  • The presentation ends abruptly and lacks a culminating summary.
  • The video also lacks any type of formative assessment.

  • Ease of Use for Both Students and Faculty

    Rating: 4.5 stars
  • The slides are professionally designed and pleasing to the eye. The inclusion of graphics to add interest is excellent as well.
  • The pace selected to progress throught he content is excellent.
  • The spreakers voice and tonal quality makes for easy listening. In addition, rhetorical questioning is used every now and then in attempt to engage the learner.
  • The video is easy to follow and the time requirement is minimal.
  • Concerns:
  • This resource would be more complete if students could test their understanding of the concepts and perform some calculations.
  • As with any video lack of interactivity to foster active learning is always an issue.