Questions??
If you have any concerns, problems or questions, please contact me as soon as possible.
Below are some additional resources that you might find helpful when working on this assignment:
Newspaper Articles published in the last 2 years
Dahl, Darren “Basics of Accounting Are Vital to Survival for Entrepreneurs”, The New York Times, August 3, 2011. http://www.nytimes.com/2011/08/04/business/smallbusiness/a-few-accounting-essentials-are-crucial-for-survival.html?pagewanted=2&_r=1&ref=accountingandaccountants. This is a wonderful clearly written article on the some basic rules of accounting and some common mistakes that individuals and small business owners make with regard to debt, equity and receivables. As a former banker myself, this is valuable information that everyone should know.
Richards, Carl, Why You Avoid Your Most Important Financial Task, The New York Times, July 18, 2011, http://bucks.blogs.nytimes.com/2011/07/18/why-you-avoid-your-most-important-financial-task/
Academic Articles
1 Clausen, James, “Debits and Credits: Small Business Bookkeeping Basic Account Entry”, Accounting Suite@101, September 2009, Online Article. The article gives some examples of debits and credits and then shows how they affect assets and liabilities. It contains good visual examples. http://suite101.com/article/accounting-101-debit-and-credit-a152434#ixzz1yICM4vYp
Baker, Ron, “An Approach to Course Design for Introductory Financial Accounting”, The Accounting Educators' Journal, Volume 21 (2011) http://www.aejournal.com/ojs/index.php/aej I am including this website/Article because it has information that would be useful for teacher for lesson plans.
Magazine or journal articles
Wall, Patricia and Owen, Charles, “States Bite Into Broken Gift Cards, Understanding the impact of state escheat laws”, Journal of Accountancy, December 2008. I thought this article would be interesting to students because it discusses gift cards and how their sales effect companies income statement and balance sheets and the state laws surrounding the sale of these cards and what student doesn’t like gift cards!! http://www.journalofaccountancy.com/Issues/2008/Dec/StatesBiteIntoBrokenGiftCards
Cohn, Michael, “Accountants Expect More Hiring than Firing Next Year” Accounting Today, Raleigh, N.C. (December 20, 2011) http://www.accountingtoday.com/news/Accountants-Hiring-Firing-Sageworks-61176-1.html
Videos
Financial Literacy for Students, DVD, Distributed by Discovery Education, (2010), Students will learn about creating a budget, the differences between checking and savings accounts, and how to use debit/ATM cards.
Small business Financial Strategies, DVD, ShowMeHowVideos, Brandon James, (2006), financial accounting considerations you need to successfully manage your business. http://aquabrowser.lincnet.info/?hreciid=%7clibrary%2fm%2flinc-marc%7c915229&c_profile=STCHARLES&skin=st.charles
You tube video, 2- Accounts, Debits and Credits, by larrywalther. http://www.youtube.com/watch?v=gdB5tg0kj1w
Audio Texts
Tracy, John (2007) Accounting for Dummies, Third Edition, Abridged Audible Audio Edition, Brett Barry Narrator, Harper Audio, Audio Release date October 17, 2007. This book covers accounting basics for business and personal finances. It covers how to read a financial statement, manage budgets and evaluate accounting methods.
Bailey, Madeline, Radically Simple Accounting: A Way out of the Dark and Into the Profit, Unabridged Audible Audio Edition, QC Computing, LLC, Audio Release date September 15, 2011. This book introduces a new way of learning accounting that uses common analogies and humor to reduce complex information into concepts that are easy to understand.
Books
Deering, Kathryn (2005), Savings and Investment Information for Teens: Tips for a Successful Financial Life, Detroit, Michigan, Omnigraphics. Includes facts about making money grow, bank accounts, stocks, bonds, mutual funds and online investments.
Bochner, Rose and Arthur, (2007) The Totally Awesome Money Book for Kids and Their Parents, New York, Newmarket Press. This book has easy to understand information on every area of money including budget and savings, the basics of stocks, bonds and other ways of investing, credit cards and borrowing.
Dave Ramsey (2003) My Fantastic Field Trip: Junior Discovery Saving, Brentwood, Tenn., Lampo Press. In this book, Junior learns that you can do three things with money: give, save and spend. This story teaches children the value of allotting money and why they should do so. http://aquabrowser.lincnet.info/?hreciid=%7clibrary%2fm%2flinc-marc%7c949260&skin=st.charles
McGillian, Jamie Kyle (2003), The Kids Money Book: Earning, Saving, Spending, Investing, Donating, New York, Sterling Publishing. This book teaches children that they are never too young to create a budget, keep a journal of purchases and save for wanted items. http://aquabrowser.lincnet.info/?hreciid=%7clibrary%2fm%2flinc-marc%7c557147&skin=st.charles
Visual Texts
http://www.learn-accounting-visually.com/ This is a website that has free visual learning map for basic accounting
http://www.glasbergen.com/tag/accounting-comics/ This is a website with Accountant Cartoons by Randy Glasbergen. Cartoons about accounting, business, finance, billing, invoices, and debt collection.
Blogs and Websites:
These are websites that I have used before and have found them helpful
http://blog.accountingcoach.com/ - The Accounting Coach Blog was established in 2003 and provides answers to all types of accounting questions. This blog has more than 80,000 newsletter subscribers and 14,000 Facebook fans and is an excellent resource for accounting students
http://yfnb.blogs.com/ - Suze Orman Official Blog. She is known for her financial expertise and she has a great financial blog.
www.Principlesofaccounting.com
http://www.accounting-basics-for-students.com/index.html
http://www.accountingcoach.com/online-accounting-course/07Xpg02.html