Lesson ProgressPhase 6 of 6
Phase 6Closing
Closing: Method Comparison and Investor-Ready Summary
Reflect on what the comparison workbook added, name what you can now do faster, and preview the project rehearsal
🧭 Phase 6: Closing
Method Comparison: What You Can Now Do
Today you extended your asset register workbook with a Method Comparison sheet that shows straight-line and double-declining balance side by side. You built verification checks so accumulated depreciation and book value stay believable. And you practiced defending a depreciation recommendation with workbook evidence — not opinion.
Key Takeaways
- Both methods depreciate the same total amount — only the timing differs
- DDB front-loads expense — higher Year 1 expense, lower reported profit, lower book value early on
- The salvage value floor is non-negotiable — DDB must never drive book value below salvage
- Linked formulas beat hard-coded numbers — if cost changes, your comparison updates automatically
- A professional recommendation uses evidence — cite workbook numbers, not feelings
What's Next
In Lesson 07, you will rehearse the complete depreciation project with a shared dataset. You will practice the full workflow: asset register → depreciation schedule → method comparison → recommendation. This lesson's comparison workbook is one piece of that larger project structure.
CAP Reflection: Method Comparison & Depreciation Policy
Reflect on your learning journey and growth in the CAP framework
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🦁COURAGE
Where did you show confidence in defending a depreciation method with workbook evidence? What made it feel risky?
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🌊ADAPTABILITY
A formula or check did not work at first. How did you adapt and fix it?
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⚡PERSISTENCE
What took the most effort to get right in the comparison workbook? How did you keep going?
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Progress: 0/3 reflections completed