23 Aug Resources Read/review the following resources for this activity:
Resources
Read/review the following resources for this activity:
- Textbook: Review Chapter 1-11 in the book at the attachment
- File (PDF): Presentation – Chapter 1-11 (in the attachments)
- Minimum of 1 resource for initial post
Introduction
Tiffany is in the final week of her accounting course, and she is nervous about the final exam. It has been a challenging course, and she wants to demonstrate to her professor that she has worked hard and is ready to learn more about accounting in her next course. She is still considering changing her major, but is learning that accounting skills can help her no matter what field she chooses to pursue.
Initial Post Instructions
For your initial post, address the following:
- What advice would you give Tiffany as she prepares for her final exam?
- What strategies will you use to study the concepts and skills learned over the last several weeks?
Secondary Post Instructions
Review the suggestions your classmates have given Tiffany. Are there any new ideas you plan to try?
Writing Requirements
- In addition to one initial post, respond to at least two peers.
- Initial Post Length: minimum of 250 words
- Secondary Post Length: minimum of 200 words per post
- Using APA format, incorporate appropriate in-text citation(s) referring to the academic concept with corresponding references page for the initial post.
Grading and Assessment
Meeting the minimum number of posting does not guarantee an A; you must present an in-depth discussion of high quality, integrate sources to support your assertions, and refer to peers’ comments in your secondary posts to build on concepts.
Course Learning Outcome(s): 1, 2, 3, 4, 5
1. Identify the role of financial accounting in today’s business society.
2. Prepare financial statement using GAAP and/or IFRS.
3. Understand income and the revenue recognition principle.
4. Explain and calculate the present value of amounts, annuities, and deferred annuities.
5. Understand and account for cash, receivables, inventories and operational assets.
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