Data Prep 2B: Depreciation and Changes in Net Income

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This case is designed for accounting students. The students must analyze the results of their “They Changed Accounting Systems” case and calculate the change in net income as the method of depreciation is changed. Students must create a Fixed Asset Register at the journal entry level. They must check that the fixed asset acquisitions comply with the capitalization policy. Using additional information regarding the useful life and residual value, the students determine the change in the net income as the method of depreciation is changed. Excel is used to analyze the data once it has been transformed using Alteryx, Power BI or Tableau and a free mini tutorial and data set is available.

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The book comes with a quizzing system, with each student being presented with a timed quiz comprising five questions selected at random from the database of quiz questions for the chapter. Instructors can assign these quizzes in advance of the topics to be covered in class, giving students an incentive to read the chapter in advance of the class. Students read the chapters and take the online quizzes prior to class.

Each chapter features hyperlinks to related information, taking advantage of the online nature of the book. Additionally, the chapters featuring Microsoft Access databases permit the databases to be downloaded by students for further exploration.

The following are some of the resources available for adopting instructors:

  • Solutions to end-of-chapter questions and problems
  • The ability to make selected solutions available to students
  • The ability to view all quiz questions for a chapter
  • The ability to generate quiz grade reports
  • Sample tests
  • Powerpoint files for each chapter

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