Depreciation (Business / Business Studies)

Description

A COLOURFUL, INFORMATIVE and ENGAGING presentation that on depreciation.
Included in this lesson:

A colourful and informative title slide that outlines the key skills covered in this topic, a list of equipment required, animated gif to grab the attention of students, and timing ‘prompt’ to get students to get the title down and equipment out as quickly as possible

A ‘guess the question’ starter activity where students are given the answers to ten questions relating to other Accounts / Finance related topics. Students need to work out what the ten questions were to get those answers. Answers are included in the presentation

An explanation of what the lesson aims are

An explanation of what assets are, contextualised to students

Informative, colourful and contextualised slides explaining what current and non-current assets, and depreciation are

A step by step guide to show how depreciation is calculated using the straight-line method, followed by an example for students to calculate (answers provided)

An explanation of the advantages and disadvantages of using the straight-line method to calculate depreciation

The same step by step guide, advantages and disadvantages for the reducing balance method

An exam style question where students need to calculate the value of depreciation, calculate how this affects the estimated value of an asset and when the right time to sell an asset it. Answers provided in the presentation with explanations

I’ve designed this lesson so that it can simply be opened and taught immediately. Each slide is self explanatory and easy to follow. There are 38 slides included in this lesson and it took me just under 2 hours to go through.