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Advanced Accounting I & II Room 234N. _____________________________________________.

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Presentation on theme: "Advanced Accounting I & II Room 234N. _____________________________________________."— Presentation transcript:

1 Advanced Accounting I & II Room 234N

2 _____________________________________________

3 What is Accounting? Why learn Accounting? To determine the worth of the organization. Numerically recording the activities of an organization.

4 Our Goals Accounting Theory Journal Entries _________________________________________ Financial Statements _____________________________________ Interpretation ________________________ software

5 Our Goals - Part 2 1)Success in college level accounting 2)Translate skills learned in class to entry-level job using Quickbooks

6 How will we get there? 1) Complete Lessons * Instruction - lectures & discussion * Problem solving as a group * Problem solving on your own 2)Use Software * Recreate what we’ve learned using Quickbooks accounting software 3)Apply to the Real World Does this really happen in the real world? How? Prove it!

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8 Don’t forget FBLA!

9 Stocks & Investments Room 234N

10 What will we learn? Lots of things! Financial Assets (stocks) are based on Real Assets (business) Therefore, need to know how to evaluate a business. Is the company a good investment? Financial Statement Interpretation Ratio Analysis Based on NAIC principles (long-term fundamental analysis)

11 Our Class Goals 1)To enable you to make wise financial decisions 2)To enable you to make wise career decisions 3)To learn more about our world

12 How will we get there? 1) Lessons * PowerPoint lessons, on-line research, class discussions 2)Group Work 3)Stock Market Game 5) Penn State Trading Room 6)New York City – financial district & Nasdaq 7) Guest Speakers – investment bankers, PSU Nittany Lion Fund students, etc. 1) Lessons * PowerPoint lessons, on-line research, class discussions 2)Group Work 3)Stock Market Game 5) Penn State Trading Room 6)New York City – financial district & Nasdaq 7) Guest Speakers – investment bankers, PSU Nittany Lion Fund students, etc.

13 Mrs. Miller’s Goal for Stocks & Investments: The Little Lion Fund

14 Don’t forget FBLA!

15 Let’s have a great class!

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