This 6:53 minute video by Dr. Larry Walther coincides with Chapter 10: Property, Plant, and Equipment from his website, Princplesofaccounting.com. In the video presentation, costs to be assigned to property, plant, and equipment are discussed with examples included. The video is available from Bookboon.com and requires registration with an email address.
Type of Material:
Video presentation
Recommended Uses:
Can be incorporated in a traditional or online class in the form of a video lecture or assignment.
Technical Requirements:
Firefox or equivalent browser
Identify Major Learning Goals:
Assigning costs to property, plant, and equipment.
Target Student Population:
High school or college lower division.
Prerequisite Knowledge or Skills:
An understanding of journal entries, debits and credits, basic balance sheet and income statement accounts.
Content Quality
Rating:
Strengths:
Content is accurate, clear, concise, current, and relevant. The presentation includes an adequate amount of material to make its point. Excellent slides, audio, and examples, with definitions and relevant explanations included. The scenarios are practical examples as to which costs are capitalized and assigned to property, plant, and equipment.
Concerns:
A simple example of capitalized interest costs for self-constructed assets is not covered in video, but then may be too complex of a topic for an introductory accounting class. The presentation ends abruptly without summarizing the concepts presented.
Potential Effectiveness as a Teaching Tool
Rating:
Strengths:
The the objective of the presentation is explicitly stated. Concepts are reinforced progressively building on prior concepts and demonstrating relationships among them. Developing assignments based on the presentation would be easy to do. The video is very efficient. Information is cogent and relevant and relatively easy to follow presentation.
Concerns:
Prerequisite knowledge is not identified. The pace is somewhat fast. Some users very likely may need to rewind and review content to grasp the concepts discussed.
Ease of Use for Both Students and Faculty
Rating:
Strengths:
The presentation is easy to use, professionally executed, engaging to interested viewers, and visually appealing. The presenter has a nice tonal quality to his voice. He creates a comfortable user-friendly environment by interjecting practical illustrations with colorful graphic at appropriate points of the lecture.
Concerns:
None
Creative Commons:
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