ACCOUNTING 2331 * We aren't endorsed by this school

ACCOUNTING 2331 Financial Accounting

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    MILBRATH, Adams, NEWMAN, NOLAND, Parthasarthy, MichaelNewman, Serrato, marysykes, Kiran Parthasarathy, Darlene Serrato
  • Average Course Rating (from 4 Students)

    4.8/5
    Overall Rating Breakdown
    • 4 Advice
    • 5
      75%
    • 4
      25%
    • 3
      0%
    • 2
      0%
    • 1
      0%
  • Course Difficulty Rating

    • Easy 25%

    • Medium 75%

    • Hard 0%

  • Top Course Tags

    Many Small Assignments

    Participation Counts

    Always Do the Reading

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    • Profile picture
    May 17, 2017
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    No matter the major, it is critical to have a solid, thorough understanding of accounting as it is the language of business. I'm surprised by the variety of majors I meet who must take accounting as required credit (pre-med, kinesiology, construction management, etc.). This just reinforces the notion that accounting will remain relevant and practical for one's professional career no matter the career. Not only that, it teaches you how to better manage your personal finances so that you can live responsibly and thrive as a self sufficient adult member of society.

    Course highlights:

    I think one of the main highlights I enjoyed was how easily observable accounting is to everyday life. When it comes to subjects such as economics or physics, I'm constantly baffled and find it hard to grasp the concepts easily as I cannot apply it to everyday living. Accounting, on the other hand, is something that you can experience no matter where you go. Every where you spend money, accounting is happening. Every place and everyone is their own business and needs to find a way to track the transactions. This aspect of accounting made it easier to grasp than other less practical, less tangible subjects. I learned the exchange of business and the rules that came with these exchanges. I learned that there is always a transaction taking place no matter what and that there are protocols in place to ensure that these transactions occur in a fair and timely manner. I learned of how structure and order is maintained in these business transactions to ensure a smooth and efficient operation for all parties. Most importantly, I learned that money does make the world go round. Mastering the language of accounting helps keep that money churning, and the world operating.

    Hours per week:

    6-8 hours

    Advice for students:

    This is time costly advice not to be given for those looking for a shortcut, but make a Google Docs of each and every chapter. It doesn't have to contain all the details and intricacies of the chapter, but it must contain the equations, ratios, and concepts that are commonly used in the chapter. I found that by going along each week and making a Google Doc of each chapter, I was able to reinforce concepts in my head, and realize my areas of weakness and work on them until I was solid. I did this on my own but making a Google Docs and sharing it with others in the course is a good way of splitting up the work, asking questions, and helping each other out. Also, you need a week, if not 3 days, to study before each exam in order to score an A on the exams. I recommend watching Youtube videos of each chapter that will on the exam, looking at the notes you take in class, going over the slideshow, practice exam review questions, and going to class when the professor covers the exam review questions. Any information you think is useful from those sources is something to contribute to the Google Doc. Do the homework, the projects, assignments, etc. It's hard not to get full credit if you at least attempt to do them as the accounting department is very open and lenient when it comes to these assignments. Also, this sounds kinda dumb, but honestly go to class consistently, if not every one. Professor Sykes will not cover a topic that is not relevant to the exam or waste your time. (She also has clickers so.....) Every moment in class is a valuable teaching moment that you will not experience outside the class learning on your own. Going to class helps you stay on track of the material and also absorb it better. All in all, if you are willing to work hard for your grade and do not take any shortcuts, you will do fine. This goes for this class and any other. If you convince yourself you hate accounting and that you're bad at it, guess what? You're going to push yourself down and not perform at the optimal level you could be performing at. Do not give up. Learn and re-learn the concepts as many times as you need. Once you know the concepts, they will build and build and stick with you, so it IS important that you start off on the right foot and not slack off. No one is "bad at accounting". You just have to be willing to learn the concepts and commit to them. An eagerness to learn the concepts as well as a determination to do well in the course are the basics of what you need to ace this course as well as any other. You got this.

    • Spring 2017
    • marysykes
    • Yes
    • Great Intro to the Subject Many Small Assignments
    • Profile picture
    Aug 27, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    The teacher is really helpful and nice.

    Course highlights:

    Financial accounting basics and how to apply them

    Hours per week:

    0-2 hours

    Advice for students:

    Study everyday so you are not behind other students

    • Fall 2016
    • Kiran Parthasarathy
    • Yes
    • Profile picture
    Jun 21, 2016
    | Would highly recommend.

    Pretty easy, overall.

    Course Overview:

    Awesome professor that really knows what he's doing is and is passionate

    Course highlights:

    One of the best parts of the course is that Yu get pretty good real world applications out of it

    Hours per week:

    3-5 hours

    Advice for students:

    Make sure to do the homework assignments because the tests are just like it

    • Spring 2015
    • NEWMAN
    • Yes
    • Always Do the Reading Many Small Assignments Participation Counts

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