Professor Elam

Wed Nov 23, 2016

There are numerous review aids available to prep for the final exam. Here are a few.

Textbook Website

The second item listed on the syllabus under electronic sites is the free website for the textbook.

http://highered.mheducation.com:80/sites/0078025834

Click on student edition.

Then select a Chapter.

You will be presented with a multiple choice quiz for that chapter.

Now click above the drop down box on Additional Student Resources.

Narrated slides are available as well as practice exams.

Textbook Review

Financial Reporting Case

No one reads them but the Financial Reporting Case at the start of the Chapter also contains important information.

Typically it excerpts from an actual annual report. It then

poses questions

provides the look up page which discusses this topic

and there is a Financial Reporting Case Solution at the end of the Chapter prior to The Bottom Line section.

Concept Review Exercises

Each chapter contains solved Concept Review Exercises typical of what is found in the test bank. Handily the answer is provided. But the key here is to attempt to work the problem without examining the answer first.

The Bottom Line

After the chapter end but before Questions for Review of Key Topics is the chapter summary titled The Bottom Line.This is a review by Learning Objective. Again the authors are summarizing the important concepts in their terms. Now, uh, why is that important?  Because the authors wrote the Test Bank used for the exam!

End of Chapter Questions

Each chapter has at least 20 questions located after the summary of learning objectives and before the Brief Exercises.

I have  posted the answers to these questions under Course Content on Black Board.

This would be a perfect time to read through the questions, phrase your answer and then read the suggested answer. This should remind you of a great deal of detail.

McGraw Hill Connect

Here I have posted links to the narrated power points, the CPA CMA review questions and answers,

Warning, all these aids taken together will improve your performance but only if you take the time to learn them.

The key to conquering accounting is practice practice practice and repetition.

There is no such thing as an overnight success in accounting.