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Study Guide Acct 504 Essay

1057 words - 5 pages

     

                                             

 

College  of  Business  &   Management  
ACCT504  Student  Success  Guide  

1    
 

Table  of  Contents  
Why  a  success  guide?  .................................................................................................................................  3   What  makes  accounting  challenging?  ........................................................................................................  3   How  should  I  approach  the  course?  ...........................................................................................................  3   Threaded ...view middle of the document...

   

What
 makes
 accounting
 challenging?
 
Studying  accounting  is  not  like  reading  a  book  or  even  like  studying  other  topics  such  as   management,  history  or  human  resources:   o Each  topic,  assignment  and  exam  builds  on  previous  concepts  and  material  covered  in   the  course.  If  you  fall  behind,  especially  in  the  first  2  weeks  of  the  course,  it  is  very   difficult  to  catch  up.   o Accounting  books  are  densely  packed  with  information  –  each  page  needs  to  be  studied   and  understood  before  moving  forward.  Quickly  scanning  the  text  or  skipping  topics  will   not  lead  to  success.   o Like  law  or  computer  programming,  accounting  is  a  technical  subject  –  it  requires  logical   reasoning  in  order  to  apply  what  you  have  learned.     Accounting  terms  do  not  always  mean  the  same  thing  as  the  same  words  in  everyday  language.   Reading  alone  is  not  enough  to  learn  accounting.  It  is  important  to  practice  accounting  to  truly   understand.      

How
 should
 I
 approach
 the
 course?
 
Do  not  fall  behind  –  this  is  the  single  most  important  thing  to  remember  as  it  will  guide  your  actions   throughout  the  course.  To  avoid  falling  behind:     Participate  actively  in  the  class  –  not  only  posting  in  the  discussions  but  taking  the  time  to  read   the  posts  of  your  classmates  and  professor.   Do  not  rely  on  memorization  as  a  substitute  for  understanding  –  this  applies  to  the  mechanics   of  accounting  and  their  application  to  solving  accounting  problems.   Practice,  practice,  practice  –  accounting  can  only  be  mastered  by  solving  problems  and  learning   from  mistakes.     Reach  out  for  help  if  something  is  not  clear.  

3    
 

Following  are  general  approaches  for  completing  each  graded  activity:  

Threaded
 Discussions
 
Start  early  in  the  week  –  using  the  online  lecture  and  the  iConnect  Live  Lecture  as  sources  for  initial   comments.   Use  what  you  have  learned  from  the  text  for  subsequent  posts  to  the  threads  as  the  week   progresses.   Use  web  research  sparingly  and  only  to  improve  your  understanding  of  a  concept  –  relying  on   researched  material  from  external  sources  for  posts  will  not  help  you  learn  accounting.   Look  for  accounting  problems  posted  in  the  discussion  area  and  do  your  best  to  answer  them.  This  is   the  time  and  place  where  errors  will  not  affect  your  grade  and  will  allow  your  professor  to  provide   guidance.   Review  the  solutions  to  problems  carefully  –  so  you  can  do  well  on  the  exams  and  assignments.      

Homework
 Assignments
 
There  are  3  assignments  in  the  course:     Assignment   Due   Case  1:  The  Complete   Week  3   Accounting...

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