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Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
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Accounting

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Transcript

  • 1. Integrated Accounting Social Networking and Community Building Assignment
  • 2.
    • Subject: Accounting
    • Grade level: 11 th and 12 th grade students
    • Tools: Facebook, Skype, Mixedink
  • 3. 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.
  • 4. 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.
  • 5. 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.
  • 6. 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.
  • 7. Skype
  • 8. Sample Grading Rubric
  • 9. 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.
  • 10. Mixedink
  • 11. Mixedink
  • 12. Facebook
    • Facebook will serve as an additional communication tool for the group.
    • It will allow for easier student communica-tion than Skype.
  • 13. Facebook
  • 14. Facebook Document production screen in Facebook
  • 15. 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

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