天府学院TIANFU SCHOOL, SWUFE教 案任课教师： 魏历课程名称：中级财务会计I任课班级：2012级会计06-11班和审计01班授课时间：2014-2015-1学期教 案 编号：15章,节Chpater 6 Property , Plant, Equipment, and Intangible assets :Utilization and Impairment授课方式Teaching and in-class discussion and exercises 教学目的To make students are able to explain the concept of cost allocation as it pertains to property, plant, and equipment and intangible assets .to determine periodic depreciation using both time- based and activity-based methods. To calculate the periodic depletion of a natural resources and the periodic amortization of an intangible asset. And can explain theappropriate accounting treatment required when a change in depreciation, amortization or depletion methods is made and to explain the appropriate treatement required when an error in accounting for property, plant, and equipment and intangible assets is discovered. To identify situations that involve a significant impairment of the valule of property, plant ,and equipment and intangible assets and describle the required accounting procedure.discuss the accounting treatment of repairs and maintenance ,additions ,improvements, and rearrangements to property, plant, and equipment and intangible assets. And discuss the primary difference between GAAP and IFRS with respect to the utilization and impairment of property, plant, and equipment and intangible assets. In this chapter ,through in-class discussion and exercises to be able to apply to realistic and specific cases and also try to improve the ability of active and independent thinking.教学重点To make students are able to explain the concept of cost allocation as it pertains to property, plant, and equipment and intangible assets .to determine periodic depreciation using both time- based and activity-based methods. To calculate the periodic depletion of a natural resources and the periodic amortization of an intangible asset To identify situations that involve a significant impairment of the value of property, plant ,and equipment and intangible assets and describe the required accounting procedure. And discuss the primary difference between GAAP and IFRS with respect to the utilization and impairment of property, plant, and equipment and intangible assets.教学难点To make students are able to explain the concept of cost allocation as it pertains to property, plant, and equipment and intangible assets .to determine periodic depreciation using both time- based and activity-based methods. To calculate the periodic depletion of a natural resources and the periodic amortization of an intangible asset To identify situations that involve a significant impairment of the valule of property, plant ,and equipment and intangible assets and describle the required accounting procedure. And discuss the primary difference between GAAP and IFRS with respect to the utilization and impairment of property, plant, and equipment and intangible assets.时间分配4 Weeks 教 学 内 容First to do in-class discussion on exercises from last class which required finishing after classGroup and composite depreciation methodsTo reduce record keeping costs, group and composite depreciation methods aggregate assets to depreciate them collectively rather than individually. Group and composite methods differ only in criteria used to aggregate the assets for depreciation.We implement either method by applying a single straight-line rate based on the average service lives of the aggregated asset. Annual depreciation is determined by multiplying the average rate times the total group acquisition cost. Accumulated depreciation records are not maintained for individual assets.If assets in the group are sold, or new assets added, the composite rate remains the same. When an asset in the group is sold or retired, we debit accumulated depreciation for the difference between the assets cost and the proceeds. No gain or loss is recorded.U.S. GAAP vs. IFRSUnder U.S. GAAP a company reports property, plant, and equipment in the balance sheet at cost less accumulated depreciation (book value). ISA No. 16 allows a company to report property, plant, and equipment at cost less accumulated depreciation, or, alternatively, at its fair value (revaluation). If a company chooses revaluation, all assets within a class of property, plant, and equipment must be revalued on a regular basis. U.S. GAAP prohibits revaluation.If the revaluation option is chosen, the way the company reports the difference between fair value and book value depends on which amount is higher: If fair value is higher than book value, the difference is reported as other comprehensive income (OCI) which then accumulates in a “revaluation surplus: (sometimes called revaluation reserve) account in equity. If book value is higher than fair value, the differe