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Accounting
 

Accounting

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    Accounting Accounting Presentation Transcript

    • Integrated Accounting Social Networking and Community Building Assignment
      • Subject: Accounting
      • Grade level: 11 th and 12 th grade students
      • Tools: Facebook, Skype, Mixedink
    • Standards
      • The Accounting Profession
      • Achievement Standard: Understand the role that accountants play in business and society.
      • Achievement Standard: Describe career opportunities in the accounting profession.
      • Achievement Standard: Demonstrate the skills and competencies required to be successful in the accounting profession and/or in an accounting-related career.
      • Financial Reports
      • Achievement Standard: Develop an understanding and working knowledge of an annual report and financial statements.

      • Financial Analysis
      • Achievement Standard: Assess the financial condition and operating results of a company and analyze and interpret financial statements and information to make informed business decisions.
      • Interpretation and Use of Data
      • Achievement Standard: Use planning and control principles to evaluate the performance of an organization and apply differential analysis and present-value concepts to make decision.
      • From the National Standards for Business Education © 2007 by the National Business Education Association, 1914 Association Drive, Reston, VA 20191.
    • Lesson Procedure
      • Divide students into groups of three. Based on typical accounting enrollment numbers, I will probably have 15 groups of three.
      • Assign each group an “accounting mentor,” a Dodgeville High School alumni currently working in an accounting-related field.
      • Assign each group the financial analysis of a corporation traded on the New York Stock Exchange. Occasionally I will look up the list of the WORST performing corporations and have the students analyze those companies.
    • Lesson Procedure
        • Using Google Docs spreadsheet program:
          • One student is assigned the horizontal analysis of their corporation’s financial statements
          • One student is assigned the vertical analysis of their corporation’s financial statements
          • One student is assigned the calculation of their corporation’s financial ratios
        • Spreadsheets will be shared with accounting mentors for critiquing.
    • Using Skype
      • Students will video group conference call with their accounting mentors. Students should conduct a career interview with their mentor.
        • Name
        • Where they work
        • What their duties are
        • Where they went to school, what they majored in
        • Key piece of advice for students to succeed as an accounting major
        • What they like best about their job, least
        • Anything else of interest . . .
      • Students should incorporate Skype video and information from Skype video conference into iMovie to create 1-2 minute video on accounting career.
    • Skype
    • Sample Grading Rubric
    • Mixedink
      • Create groups and projects for each corporation in Mixedink.
      • Send an invite to the group’s accounting mentor.
      • Students should compose an in-depth written review of their corporation with their mentor serving as editor. The written review should cover:
        • History of Company
        • Product line
        • Major competitors
        • Strengths
        • Weaknesses
        • Opportunities
        • Threats
        • Financial analysis
        • Recommendations for future
      • Students should also create a Google Docs presentation that can be used during a verbal presentation to classmates.
    • Mixedink
    • Mixedink
    • Facebook
      • Facebook will serve as an additional communication tool for the group.
      • It will allow for easier student communica-tion than Skype.
    • Facebook
    • Facebook Document production screen in Facebook
    • Financial Analysis Rubric
      • The accounting mentors will conduct the evaluation of the final written document. As the classroom teacher, I will evaluate the classroom presentation.
      • Attached you will find numerous suggestions for evaluation rubrics.
        • Advanced Financial Analysis Rubric
        • Financial Management Project Analysis rubric
        • Financial Statement Analysis Project Rubric
        • Rubric for Case Analysis Report