Fixed Assets and Depreciation

TechStart Solutions is growing and buying long-term assets. How do we track them professionally and choose the right depreciation method?

Duration: 2-3 weeksDifficulty: Intermediate
Driving Question
Sarah Chen's company is expanding and purchasing equipment, vehicles, and technology. Investors expect clean asset tracking and defensible depreciation policies.

How do we track long-term assets professionally and choose the right depreciation method?

Performance Task
This mirrors real-world accounting decisions where companies must choose and justify depreciation methods for financial reporting.

Depreciation Policy Recommendation

Present a depreciation policy recommendation to management, backed by a complete asset register and method comparison analysis.

  • Complete asset register with all required fields
  • Depreciation schedule comparing at least two methods
  • Written recommendation with claim, evidence, and risk analysis
  • Clear explanation of method choice and statement impact
Assessment Milestones
Aligned to implemented student lessons

Day 3: Asset Register Complete

Milestone

All assets entered with cost, useful life, salvage value, and method

  • All assets listed with complete information
  • Depreciable base calculated correctly for each asset
  • Method assigned and justified for each asset class
  • Book value calculations verify against cost minus accumulated depreciation

Day 5: Depreciation Schedule and Method Comparison

Milestone

Full depreciation schedule with method comparison and statement impact

  • Annual depreciation calculated for each asset
  • Accumulated depreciation and book value tracked over time
  • At least two methods compared side by side
  • Income statement and balance sheet impact explained

Day 7: Final Recommendation and Presentation

Milestone

Written recommendation and presentation defending depreciation policy

  • Clear recommendation statement with method choice
  • Evidence cited from asset register and schedule
  • Risk and limitation analysis included
  • Professional presentation with workbook backup