1. Excel Across the Curriculum Moderator & Panelist: Dr. Kimberly Swanson Church - University of Missouri Kansas City Panelist: Dr. Jennifer Riley – University of Nebraska Omaha Dr. Paul Goodchild – University of Central Missouri Julie Kline – University of Missouri Kansas City Angela King – Johnson County Community College March 4, 2016

2. Motivation for taking on this project  Extensive use of Excel in Accounting Profession  Department initiative to complete Excel skills assessment  Employer perceptions of Excel skills for new hires  Survey – Given to business professionals in the KC area during an Excel conference  Onset of Big Data requires an advanced Excel skillset  Like other technology skills…  Excel is a large/diverse skillset that requires repetition for learning/recall.

3. Why not just cover the Excel skills in AIS? Technology is pervasive in accounting, where does it make sense to partition the technology skills necessary for our students’ success?  ERP/Databases  Data analytics  diagramming tools  project management tools  audit support tools  general ledger  Excel  Etc…

4. Excel Skills Approach Across the Curriculum  Published resources for purchase/download with Excel included  Update your own assignment/activity to include basic Excel skills  Create an Excel skills lesson within a project  Critical thinking Excel skills within an exercise/project What can you do?

5. Published: Systems Understanding Aid, 8th Edition Manual full accounting cycle (Paper-based system ) and Excel-based accounting cycle Faculty Quote (from their website) “There is no other tool out there that allows accounting students to work through the entire accounting cycle, from transaction analysis through closing entries. It does an excellent job of helping students understand this process.“ +Also offer same company and project in General Ledger software packages

6. Published: Systems Understanding Aid, 8th Edition

7. Update: Documentation Assignment

8. Create: Using Excel to Create Source Documents Step 1: Excel tutorial using updated version of Taylor and Pennington (2009). Excel 2007: A tutorial of basic skills for accounting and business majors. C3 volume 4. Step 2: Excel assignment  Unformatted data  Create worksheets  Create usable source documents w/ internal controls  Data validation, named ranges, drop lists  Vlookup, hlookup

9. Critical Thinking: Business Intelligence with Pivot Tables Step 1: A tutorial using Kovar, Kovar, Vogt (2009) Pivot Table Toolkit: Materials for Integrating Pivot Tables in the Accounting Curriculum. C3, Volume 4 Step 2: Pivot Table Assignment  Unformatted data  Develop reasonable business questions  Answer questions with pivot tables and pivot charts

10. Managerial Accounting Excel Skills in Managerial Accounting Courses  Published: Publisher provided materials  Update: your own assignment/exercise to include basic Excel skills  Create: an Excel skills lesson within an exercise/activity  Critical thinking: larger set of Excel skills within an exercise/project

11. Published: Managerial Accounting, Garrison et al. Preformatted Excel worksheets for specific chapter questions. New for version 14 is a Word file that provides formula details Narrated slides to complete Excel file

12. Published: Understanding Corporate Annual Reports, Pasewark Preformatted Excel worksheets for ratio analysis. Workbook style text and Advanced Analysis Word file. Example Excel file

13. Published: Bloomberg Terminal U.S. and International news Downloadable (company) data into Excel Corporate and Industry Research

14. Create: Journal Entries, T-accounts, & Statements Blank Excel worksheets: small group projects

15. Update: Budget Project

16. Critical thinking: Financial: Data Analysis Project

17. Critical thinking: Cost: Budget Project

18. Financial & Audit Accounting Excel Skills in Financial & Audit Accounting Courses  Published: Publisher provided materials  Update: your own assignment/exercise to include basic Excel skills  Create: an Excel skills lesson within an exercise/activity  Critical thinking: larger set of Excel skills within an exercise/project

19. Published: Auditing & Assurance Services, Messier et al.

20. Update: Financial statements

21. Create/Critical Thinking: Financial Statement Project

22. Create/Critical Thinking: Financial Statement Project, cont

23. Specialized Accounting Excel Skills in Specialized Accounting Courses  Published: Publisher provided materials  Update: your own assignment/exercise to include basic Excel skills  Create: an Excel skills lesson within an exercise/activity  Critical thinking: larger set of Excel skills within an exercise/project

24. Update: Computerized Accounting Problems – Required 3 hour course in JCCC’s A.A.S. Accounting degree - Created 12 years ago due to advisory board feedback - Offered via hybrid, face-to-face and online - Accounting problems solved in Excel

25. Published: TextbookLesson #4 – Loan and Bond AmortizationPoints 1 Using Excel & Access For Accounting Read Chapter 5. Complete ‘Chapter 5 Assignments’ #1 & #2 for Coast Jewelers. p.113-114 15 2 Using Excel & Access For Accounting Complete Chapter 5 Case Problem #1 – Kelly’s Boutique. p.114-115 15 3 Using Excel & Access For Accounting Complete Model Building Problem 13 (M13) through the chart. (Bond Disc & Prem Amort Schedule) p. 168 10 4 Excel Applications for Accounting Principles Complete Model Building Problem 27 (M27), including the chart (Loan Payment Schedule). p.183 10 50

26. Create: - First two weeks, learn Excel basics - Different weekly topics: - Financial Statement Preparation and Analysis - Depreciation Schedules - Bond and Loan Amortization Schedules - Budgeting - Predicting Costs - CVP Analysis - Capital Budgeting Analysis - Pivot Tables

27. Critical thinking: - What If Analysis - Pivot Tables – Given 300+ rows of data with 15 columns, the student must determine how to set-up the pivot table to achieve the desired result. - Microsoft Access – Queries & Reports

28. Conclusion – Excel Across the Curriculum Identify accepted Excel skills for your students

29. Conclusion – Excel Across the Curriculum Determine Excel skills coverage in your course

30. Conclusion – Excel Across the Curriculum Map Excel skills list to your accounting curriculum

31. Conclusion – Excel Across the Curriculum Identify the gaps in Excel skills for your curriculum Is once enough? What do we do here?

32. Conclusion – Excel Across the Curriculum More questions for our panelist?

33. Systems Understanding Aid, 8th Edition By Arens and Ward Armond Dalton publisher ISBN# 978–0–912503–38–7 Suggested Retail Price to Students: $64.50  http://www.armonddalton.com/publications/systems-understanding-aid-2/ http://www.armonddalton.com/publications/systems-understanding-aid-2/

34. SIMnet for Office 2013 http://successinhighered.com/cit/simnet/ Videos and interactive “Guide Me” pages to allow students to study MS Office skills on any devices. CONTENT LISTING - SIMnet Online for Office 2013 includes the following modules:  Microsoft® Office Suite  Microsoft® Outlook  Computer Concepts  Windows 8, 7, Vista & XP  Internet Explorer 9, 8 & 7  contact your McGraw-Hill representative.McGraw-Hill representative

35. Excel-Based Decisions in Managerial Accounting (2014) By Stephenson & Porter Armond Dalton publisher ISBN# 978-0-912503-49-3 Suggested Retail Price to Students: $69.00  http://www.armonddalton.com/publications/excel-based-decisions-in-managerial-accounting/ http://www.armonddalton.com/publications/excel-based-decisions-in-managerial-accounting/

36. Computerized Auditing Using ACL Data Analytics 3rd Edition (2013) By Arens, Elder and Borsum ISBN# 978–0–912503–43–1 Suggested Retail Price to Students: $87.00 http://www.armonddalton.com/publications/computerized -auditing-using-acl-data-analytics/  ACL is suitable for financial auditing by CPA firms, internal auditors, or government auditors, or for operational auditing by internal or other auditors.

37. Managerial Accounting v 14e  By Garrison, Noreen and Brewer  McGraw-Hill publisher ISBN: 0078111005  Copyright year: 2012  Text information http://highered.mheducation.com/sites/0078111005/info rmation_center_view0/index.html http://highered.mheducation.com/sites/0078111005/info rmation_center_view0/index.html

38. Understanding Corporate Annual Reports v 7  By William R. Pasewark  McGraw-Hill publisher ISBN: 0073526932  Copyright year: 2009  Text information http://highered.mheducation.com/sites/0073526932/info rmation_center_view0/index.html http://highered.mheducation.com/sites/0073526932/info rmation_center_view0/index.html

39. Bloomberg Terminal  By Bloomberg L.P.  The Bloomberg Professional service brings together real-time data on every market, unparalleled news and research, powerful analytics, communications tools and world-class execution capabilities — in one fully integrated solution.  http://www.bloomberg.com/professional/products-solutions/ http://www.bloomberg.com/professional/products-solutions/