CengageNOWv2 Helps Students Efficiently Master Subject Matter

Long Beach Community College professor Kirk Canzano teaches financial accounting. But he used statistics to find out if his students’ performance on CengageNOWv2 out-of-class assignments correlated to their success on in-class exams. Short answer: Yes. Overall alignment between CengageNOWv2 homework scores and exam scores was a remarkable 0.93, indicating that homework performance almost perfectly predicted exam performance. CengageNOWv2 deserves credit for keeping students engaged with interactive activities, videos that walk students through problem-solving, and other tools that promote active learning. Canzano likes the automatic grading and gradebook analytics, too. With CengageNOWv2, there’s a lot in the plus column.

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Webinar: 2017’s Financial Accounting Standards Board (FASB) Updates

The new year brought with it new updates from the Financial Accounting Standards Board (FASB). Join the authors of the Cengage text, Intermediate Accounting: Reporting and Analysis Second Edition, Jeff Jones and Don Pagach, for a new webinar series discussing the latest changes by the FASB. Topics include revenue recognition, simplification projects–such as lower of cost and market accounting for inventory– changes to the investment standards, and leases.

Jefferson P. Jones, Auburn University

Dr. Jefferson P. Jones is an Associate Professor of Accounting in the School of Accountancy at Auburn University. He received his Bachelor’s in Accounting and Master of Accountancy Read More…

Accounting Instructors’ Report, Winter 2016: Table of Contents

TRENDSThe Big Picture: Accounting Education In The 1980s And Its Relevance For Today
Belverd E. Needles, Jr., Ph.D., CPA ARTICLES Teaching Intermediate Accounting: FASB’s Simplification Initiative
Dr. Thomas H. Oxner University of Central Arkansas
Dr. Karen M. Oxner University of Central Arkansas “The Effect Of Using Software To Teach The Accounting Cycle In An Introductory Accounting Course
Janean S. Kleist, Ph.D., CPA College of St. Benedict and St. John’s University
Michelle Li-Kuehne College of St. Benedict and St. John’s University “Supplemental Instruction (Si): An Academic Support Program
Jim Goldstein, Canisius College
Paul Sauer, Canisius College “Read More…

Teaching Intermediate Accounting: FASB’S Simplification Initiative

In June 2014, the Financial Accounting Standards Board (FASB) announced a Simplification Initiative with two related goals: reduce unnecessary complexity of financial reporting and improve (or at least maintain) its decision usefulness. Unlike many accounting pronouncements, most of these simplification projects are limited in scope and relatively short in duration (FASB 2014). Due to publishing cycles, Intermediate Accounting textbooks may not include these changes, although accounting professors should include them in their course materials. The purpose of this article is to highlight Simplification Initiative updates which are relevant to Intermediate Accounting I and/or II, as well as provide a Read More…

The Effect of Using Software to Teach the Accounting Cycle in an Introductory Accounting Course

Faculty are increasing their use of technology to deliver content inside and outside of the classroom. Millennial college students embrace technology and enjoy variety in their classroom experiences. As suggested by Jeff Nevid in his paper, Teaching the Millennials, “One way of adapting the classroom is to integrate technology as a learning tool, not as a replacement of effective teaching.” Our department implemented Solid Footing accounting software in our introductory accounting course to further students’ understanding of the accounting cycle. To investigate the effectiveness of Solid Footing, we examined 12 years of data to assess the accounting software’s impact Read More…

Supplemental Instruction (SI): An Academic Support Program

Supplemental Instruction (SI) is an academic support program that targets challenging courses through voluntary peer-led group sessions outside the classroom. Given the proven success of SI, it is important that instructors understand how to increase student participation in the program. This paper examines the results of Goldstein et al. (2014), which was the first study to analyze factors that lead to student participation in SI programs for introductory accounting courses. Our purpose in doing so is to provide accounting instructors practical strategies to increase SI participation. It also extends the work of Goldstein et al. (2014) by introducing Read More…

Advice for College Students and Faculty on the New CPA Exam

Beginning with the April 2017 testing window the CPA exam will undergo significant changes, predicted to make the exam more difficult and test higher levels of learning and application than the current CPA exam, but also provide a more accurate measure of whether CPA candidates are ready for a career in accounting. These changes will pose a challenge to students seeking to pass the exam, but provide accounting faculty and accounting programs an opportunity to adjust course delivery and learning objectives to effectively close gaps between education, the CPA These changes will pose a challenge to students seeking to Read More…

Accounting Instructors’ Reports: Winter 2017 Trends

Sometimes in teaching beginning accounting, we focus so much on the nuts and bolts of financial statements, recording transactions, and learning the accounting standards that we forget to put the topic in the context of students careers. Students in their twenties will likely spend 35 years or more in the workforce. If they are successful they will reach positions of substantial authority in industry or public accounting in 10 or 15 years. Their world will look very different than the one that most of we instructors faced when we were of similar age. In the recent years, I have Read More…

CengageNOWv2 Improves Exam Performance

SUCCESS STORY for Principles of Financial Accounting Adjunct, Associate Professor La Tasha Roberts’ students at Austin Community College count on CengageNOWv2 for guided help with their financial accounting course. Roberts likes that CengageNOWv2 integrates easily with Blackboard®. Her students like its videos, guided problems, and the study plans that identify their weak areas and help them prepare for exams. And you don’t need to be an accountant to understand the numerical results: grades have improved by 15% and course drop rates have fallen by 20%. Learn more about how La Tasha Roberts used CengageNOWv2 to promote student engagement, improve learning Read More…

Accounting Instructors’ Report, Fall 2016: Table of Contents

The following articles are featured in the FALL 2016 issue of the Accounting Instructors’ Report: TRENDS Developing Highly Motivated Students
Belverd E. Needles, Jr., Ph.D., CPA ARTICLES Lighting A Fire: Start Igniting Student Motivation Janean S. Kleist, Ph.D., CPA (Inactive)
College of St. Benedict and St. John’s University Deborah J. Pembleton
College of St. Benedict and St. John’s University Integrating Fraud In The Introductory Financial Accounting Course Cynthia E. Bolt-Lee
The Citadel Thirty Nine Years Of Make-Up Exams
Terry Dancer
Arkansas State University TEACHING TECHNIQUES Analyze This, Analyze That: A Reversing Entry Case Ting Jie (TJ) Wang, Ph.D.
College of Read More…