Students Make Their Voices Heard on CengageNOWv2 Experience

Nearly 3,000 students across the country use CengageNOWv2 in a variety of accounting classes. We asked them to tell us about their experience—let’s find out what they had to say.

Covering 668 schools—a mix of two-year and four-year institutions and face-to-face, online or blended formats—2,871 students shared what they think about CengageNOWv2. The results included favorable opinions to the questions they were asked about their experience.

Click over to the infographic for more detailed information on what students are saying about CengageNOWv2.

Study: Accounting Students Thrive with CengageNOWv2

There are myriad ways to study Accounting, but what’s the best way? A review of nearly 3,000 students using CengageNOWv2 from Cengage, found 82% said the online learning platform helped them better understand their Accounting course material.

Study Infographic

This infographic shares a good summary of the study findings, including key insights from students:
“Using CengageNOWv2 helped me understand how Accounting in business fit into the real world through the examples given.”
“I can understand the bigger picture with most concepts now, with the help of the amazing videos. That is hands down the best part of the CengageNOWv2 program.”

What is

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Spring 2017 Accounting Instructor’s Report Table of Contents

The following articles are featured in the Spring 2017 issue of Accounting Instructor’s Report. Enjoy! Trends

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Accounting Instructor’s Report: Spring 2017 Trends

Author: Belverd E. Needles, Jr., Ph.D., CPA, DePaul University Most of our students today are the so-called “Millennials.” This means they were born roughly in the years 1982 to 2000 (ages 17 to 35). Among other characteristics, they are tech-savvy, confident, practical, team-oriented, impatient and adventurous. Above all they are tech-savvy multitaskers, and prolific communicators. They are impatient with our well-prepared 60-minute lectures with well-groomed PowerPoint slides. They are bored by time spent going over problem solutions. They get their information in short bursts on their cell phones and form Internet services on Twitter and Snapchat. This article is from Read More…

Techniques to Teach Difference Between Absorption Costing and Variable Costing in Accounting

Authors: James M. Emig, Ph.D., CPA, Villanova University; Robert P. Derstine, Ph.D., CPA, West Chester University and Thomas J. Grant, Sr., M.B.A., CMA, Kutztown University To help students truly understand (rather than memorize), we have used our combined 100+ years of teaching experience to develop some “tricks and techniques” for the Variable Costing topic in Managerial Accounting courses. We have found it effective to initially present material in a “simplified manner,” along with some visual props, designed to help students understand the concepts and proceed from that basis to the more difficult material later in the course. This article is Read More…

New Leasing Standard: Challenges and Summary Handout for Accounting Students

Author: Dr. Thomas H. Oxner, University of Central Arkansas Although students may be familiar with apartment leases, and possibly “rent-to-own” furniture stores or car leases, most accounting students will be unaware that businesses commonly use leasing for long-term financing of asset purchases or long-term usage contracts. Lack of familiarity with this financing arrangement implies that the vocabulary and calculations will likewise be new territory for students. In addition, most debt agreements involve complementary journal entries on the borrower’s and lender’s journals. However, leasing agreements do not always result in complementary journal entries at the inception of the lease and in Read More…

Enhance Student Understanding in Intro Accounting Classes

Authors: John E. Dexter, Jr., Edinboro University of Pennsylvania and Julia M. Camp, Providence College Active learning techniques and hands-on learning can be used to explain and reinforce cost concepts in an introductory managerial accounting course. The purpose of this paper is to explain a basic activity used in a lecture and explain how the activity impacts the learning of the students. The activity involves allowing students to take apart and examine products before discussing concepts in class. Instructors using the activity found a considerably significant difference in learning between students using the activity versus students who did not Read More…

5 Tips to Enhance Accounting Student and Instructor Experiences in Online Classes

Author: Denise Dickins, Ph.D., CPA, CIA, East Carolina University The purpose of this article is to describe five tips designed to address these common student complaints and enhance their online experiences, while also addressing instructors’ complaints and improving student participation and interaction. The described, easy-to-implement tips were culled from existing research, online blogs, and my own experiences—both as a student and instructor. They can be implemented in all varieties of college-level accounting (or other) classes from the first undergraduate financial accounting course, to the penultimate graduate auditing class. The tips have been used in my online classes for the past Read More…

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…