About 'online accounting tutorial'|CHEAT DAN TUTORIAL RF ONLINE
An online Intermediate Accounting course can be challenging. Your course grade in Intermediate Accounting is generally considered an important indicator of your future success as an accounting professional. Many employers evaluate an applicant's performance in Intermediate. Why do students fail this course? Most students do not do well because they lack the necessary prerequisite when they enrolled in Intermediate. To ensure that you have essential prerequisite knowledge, most Intermediate courses require completion of a Competency Test or a Practice Set during the first weeks of the class. However, following a few guidelines and referring to valuable resources can help you succeed in the class. Use the following tips and resources as your guide when you take the class; it will be easy to access all the extra information you need in one place instead of searching through all your course materials. Tip #1: Know how to navigate, with ease, the online class platform. Complete a tutorial if necessary. Review the course learning objectives and syllabus. In general, by taking this course, you should be able to (1) demonstrate the use of accounting information when preparing financial statements for fair and full disclosure; (2) categorize elements of financial statements in accordance with Generally Accepted Accounting Principles (GAAP) and analyze relationships among the statements; (3) apply accounting concepts, principles, and procedures that govern the preparation of financial statements; and (4) prepare financial statements based on valuation methods of accounting procedures. Tip #2: Although you may have already taken an introductory accounting course, study, review and relearn accounting topics. Complete the exam or practice set. Use your Principles of Accounting textbook, the first chapters of your present course textbook, and validated resources to review the topics below and get new information, which you will need for the course. You may also need to refer to this information during the course. 1. Review of the Accounting Process (Cycle) 2. Balance Sheet 3. Income Statement/Statement of Cash Flows: Income Measurement and Profitability 4. Statement/Statement of Cash Flows: Income Measurement and Profitability 5. Time Value of Money 6. Inventory Accounting 7. Cash and Receivables Tip #3: Learn to navigate the textbook website to access and use learning tools (flashcards, templates, quizzes, glossary, problem strategies, check-figures). During the course, complete all of the strategies and exercises on the website until you have mastered them. Tip #4: Review an excellent resource that has information about all of the Intermediate topics that you will be studying in the class as well as practice activities that will increase your ability to complete the class assignments without difficulty. Tip #5: Read and take notes on assigned chapters and the instructor's course lectures and/or weekly course presentation of topics. Pay special attention to illustrated examples. Tip #6: Participate in the discussion forums; ask questions about assignments, ask your classmates to explain, also provide explanations to your classmates. Learn by doing. Read every relevant thread in the discussion board (Instructor's Assignment Directives, posted videos, tutorials, check-figures). Take notes of any information that you learn about that will help you when completing assignments. Tip #7: Complete all research database projects. Intermediate requires that you search The Financial Accounting Standards Board (FASB) database to answer accounting questions. The FASB provides searchable access to financial accounting standards through its Codification. Using your instructor's directions (or tutorial) on how to access the Codification, go to the site and familiarize yourself with its layout and levels. Typically, you will formulate your research findings in a business memo, review proper memo format, appropriate citations and terminology before writing your memo. Research Pointer: Use your textbook to jump-start your research. Using your textbook glossary, identify the main point of the question (e.g., short-term debt to be financed) and search your book, as most textbooks quote FASB. Use that FASB to search the database by going to the Codification and read the section and/or sub-sections. You will likely find the appropriate standard to address the research question. Warning: You may be able to answer the question from your text; however, that approach will always yield a zero on the assignment. The objective of the Research Project is to ensure your proficiency in using the FASB. Tip #8: Complete all the assignments and review and/or rework each assignment after the grading process or solutions are distributed. Repetition builds confidence and embeds the concepts and mechanical logistics. Tip #9: Stay positive, and do not get behind on readings and assignments; begin all assignments days before the deadline. Practice time management by keeping a calendar of daily tasks and study schedule; also, break large tasks into smaller portions. In addition, it is a great boost to study with a friend. You can even find a buddy among your classmates and set up times when you both e-mail or contact each other via other means to discuss assignments and course materials. Post the following motivational quotation on your computer so that you will be revived each day that you work on your class: "Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time." -Thomas A. Edison |
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