In addition to reading Chapters 1, 3 and 4 for Wednesday, please complete the first two transactions. I recommend reading first to get a basic understanding of the business processes.
The transactions are (from the BLUE transactions list (Document No. 1))
December 16 Received validated deposit receipt
Carefully read the transaction, then follow the appropriate portion of the flow chart---the very far right column on page 21. (The actual deposit was made "a few days ago" and we are just now getting the receipt---so the journal entry has already been recorded.)
December 16 Ordered inventory
Carefully read the transaction, then follow the appropriate portion of the flow chart---the very far left column on page 22---NOTE there will be a break in time after you order the goods so Nancy will fill out the purchase order, Ray will approve it, and then you will file appropriately and then STOP---you won't receive the goods for a few days so NO JOURNAL ENTRY WILL BE MADE. Again, you will not start the "Receiving" column, because you have not received the goods yet (See December 22).
Monday, January 31, 2011
Wednesday, January 26, 2011
Revised reading for Monday 1/31/2011
We are very close to getting too far behind, so I need for you guys to read a bit more for Monday:
Open your SUA (Systems Understanding Aid) and:
1. In the "Instructions, Flowcharts and Ledgers" book read through page 15.
2. In the "Reference" book, read Chapter 2 about flowcharts.
3. Find the BLUE transaction list (in the loose documents)---Document No. 1 (it is literally blue) and read it.
On Monday, we will finish our Internal Controls discussion, and we will go over the SUA project in pretty decent detail.
Have a great weekend.
TL
Open your SUA (Systems Understanding Aid) and:
1. In the "Instructions, Flowcharts and Ledgers" book read through page 15.
2. In the "Reference" book, read Chapter 2 about flowcharts.
3. Find the BLUE transaction list (in the loose documents)---Document No. 1 (it is literally blue) and read it.
On Monday, we will finish our Internal Controls discussion, and we will go over the SUA project in pretty decent detail.
Have a great weekend.
TL
Wednesday, January 19, 2011
Readings for Monday
On Blackboard, under "Course Handouts and Readings", the first two links, "Internal Control Case" and "TAT Nov10" are the readings for Monday.
If you did not do the first assignment, please do it between now and Monday. I will not collect it from you, but you will need to refer to it over the course of the semester.
If you did not do the first assignment, please do it between now and Monday. I will not collect it from you, but you will need to refer to it over the course of the semester.
Wednesday, January 12, 2011
Final administrative details: Office hours.
I will be holding office hours on Mondays and Wednesdays from 3:30 until 4:45 pm. My TA will hold office hours as well, but I am unfamiliar with your schedules and want to be sure I schedule hours that work well for everyone. I have created a poll HERE. Please choose two times that work with your schedule, then Tara (my TA) will hold office hours during the top 4 vote getting slots. (As an aside, from a professionalism standpoint, if I ask for your input, I thoroughly expect to receive it. Meaning, I will check to be sure everyone participates, or the process will not work as I intend.)
I wasn't sure if you all were aware, but some of our upper level accounting classes are also conducted via a distance learning program and are recorded. I must have forgotten to tell the "tapers" that we were not meeting today, and they caught a conversation by two students...I will share that with you here.
FYI: Blackboard has been updated with the syllabus and schedule. See you next week.
I wasn't sure if you all were aware, but some of our upper level accounting classes are also conducted via a distance learning program and are recorded. I must have forgotten to tell the "tapers" that we were not meeting today, and they caught a conversation by two students...I will share that with you here.
FYI: Blackboard has been updated with the syllabus and schedule. See you next week.
Tuesday, January 11, 2011
War Eagle!
What a fantastic way to kick off Spring Semester 2K11! What a game---
Due to weather and travel concerns, I am going to delay our first "in person" class session until next Wednesday. However, we do need to get started....between now and next Wednesday:
Visit a restaurant for a meal. Any restaurant will do. While there, make careful observations on the procedures taken by the restaurant's personnel with respect to placing your order, receiving your food, and paying your bill.
Write these procedures within 3 paragraphs, with one paragraph per "step"...placing order, receiving food, and paying your bill. Depending on the nature of your restaurant, these paragraphs may be in a different order. Put your paragraphs in chronological order.
Next, rewrite the paragraphs from the perspective of the restaurant making the sale...which will be receiving order, providing the food, and receiving the payment.
Print two copies, one you will keep in your notes that we will refer to often, and the second you will turn in next Wednesday.
If you have any questions, please use the comments section of the blog, in case others have the same questions.
Travel SAFE. See you next week.
Due to weather and travel concerns, I am going to delay our first "in person" class session until next Wednesday. However, we do need to get started....between now and next Wednesday:
Visit a restaurant for a meal. Any restaurant will do. While there, make careful observations on the procedures taken by the restaurant's personnel with respect to placing your order, receiving your food, and paying your bill.
Write these procedures within 3 paragraphs, with one paragraph per "step"...placing order, receiving food, and paying your bill. Depending on the nature of your restaurant, these paragraphs may be in a different order. Put your paragraphs in chronological order.
Next, rewrite the paragraphs from the perspective of the restaurant making the sale...which will be receiving order, providing the food, and receiving the payment.
Print two copies, one you will keep in your notes that we will refer to often, and the second you will turn in next Wednesday.
If you have any questions, please use the comments section of the blog, in case others have the same questions.
Travel SAFE. See you next week.
Monday, January 3, 2011
Hello!
As some of you may, or may not, know, Blackboard is not going to be Blackboard for very much longer, and I wanted to create something for AIS that could be used going forward for other classes, or for you, once you are done with AIS. So, here is the first official AIS Blog.
You can consider this THE source of information for ACCT 3510-3513. I will use Blackboard for posting pdf's of course notes, assignments, etc. (for the time being...I may change this) and grades (all that pesky privacy stuff).
But for all the other good stuff, I will use this blog...as a result, this blog is required reading, and although there is not a "participation" portion of the course, I do want to hear from you. This will be the venue where you can ask me questions, and I can either provide (or better yet, find on the web) solutions to help you learn the concepts in this class more thoroughly.
If you haven't already done so...consider setting up a Google Reader account and (of course, add this blog). If you have a smart phone, you can look at Google Reader while you are waiting on the transit, at Chick Fil A over lunch, or while you are sitting in Intermediate II (just kidding, sort of). Cool thing about Google Reader is that you can add all kinds of feeds that you are interested in...sports, entertainment, news, and OH yeah, business.
Okay, for some important stuff.
Required on DAY ONE:
Don't need until February:
You can consider this THE source of information for ACCT 3510-3513. I will use Blackboard for posting pdf's of course notes, assignments, etc. (for the time being...I may change this) and grades (all that pesky privacy stuff).
But for all the other good stuff, I will use this blog...as a result, this blog is required reading, and although there is not a "participation" portion of the course, I do want to hear from you. This will be the venue where you can ask me questions, and I can either provide (or better yet, find on the web) solutions to help you learn the concepts in this class more thoroughly.
If you haven't already done so...consider setting up a Google Reader account and (of course, add this blog). If you have a smart phone, you can look at Google Reader while you are waiting on the transit, at Chick Fil A over lunch, or while you are sitting in Intermediate II (just kidding, sort of). Cool thing about Google Reader is that you can add all kinds of feeds that you are interested in...sports, entertainment, news, and OH yeah, business.
Okay, for some important stuff.
Required on DAY ONE:
- Arens & Ward: Systems Understanding Aid (7e): ISBN: 978-0-912503-27-1
Don't need until February:
- Exploring Microsoft Office 2007 Custom Edition [ISBN: 0-536-51171-3]---make sure my name is on the cover!
- THIS EXACT THUMB DRIVE. You can pick any color, but you will be handing them over to me....more on this later. [Edited to add: Distance students you do not need to buy a thumb drive.]
- Excel 2007 and Access 2007 (available in COB labs for on-campus students, and virtual lab for distance students), but also available here for a GREAT price. (2010 versions work fine as well.)
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