AIR Winter 2012

Simultaneous Presentation of Debit/Credit Entries and Plus/Minus Transaction Worksheet – An Aid to Student Understanding

For many students, the introductory financial accounting course can be a frustrating experience. Rather than focusing on the more important aspects of the course, students become overwhelmed just trying to memorize debit and credit journal entries. In an effort to help the students understand transactions and their effects on the financial statements, we use a worksheet that simultaneously presents debit and credit journal entries and a ‘plus/minus’ transaction worksheet approach.
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How to Develop an Inexpensive Online Course

In this article, the author explains how to develop a quality, online beginning accounting course without a generous budget, dedicated studios, or extensive technical support. He shows how to integrate learning management system with book-publisher provided online resources.

When he started to develop the online course material, he was a complete novice; he had used only the usual audio visual tools in my classes. In this article, he describes how he converted his course to an online course without sacrificing the rigor and demands of a class-taught accounting course.
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Accounting Instructors’ Report, Winter 2012: Table of Contents


Debtor Accounting for Troubled Debt Restructuring: A Classroom Example to Teach Theory vs. Practice

Debtor accounting for troubled-debt restructurings (TDR) is inconsistent with the two most recent revisions to the conceptual framework of accounting. This paper discusses the current accounting treatment of modifications of terms under a TDR and presents an alternative approach that is consistent with the conceptual framework. An example is provided to help students understand TDR accounting and more generally, the relationship between the conceptual framework of accounting and reporting standards.
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Presentations with Maximum Impact: Moving Faculty Forward

Public speaking is a way of life for almost all accounting faculty. We speak multiple times a week for student audiences in class. Further, we also present for groups of practicing professionals, to campus colleagues in administrative meetings, and for faculty peers at conferences related to our discipline. However, few of us have significant formal training in giving presentations (beyond high school speech class!). There appears to be an implicit assumption that accurate content is the main requirement for making an effective presentation. But as frequent audience members as well, we know that assumption is not true. We know there are speakers who are more compelling, interesting, and easy to follow. Is good speaking only a matter of raw talent, or is there some guidance available that could make us more effective in this venture?
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K&J Bakery Inc. A Simplified Management Accounting Course

The objective of this project is to provide students with a practical application of some of the key concepts discuss in the managerial accounting course. It can be used as a half-semester long or concept driven project i.e., used along with the concepts/topics as they are introduced throughout the course.
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Principles Versus Rules in Beginning Accounting: Understanding the Lehman Case

The case of Lehman Brothers Holdings Inc. is only one of a number of high-profile cases that have highlighted the role of financial reporting and the issues surrounding earnings management in recent years. The flood of these so-called ‘accounting scandals’ and the alarming increase in accounting revisions and restatements has drawn the attention around the globe by accounting researchers and the popular press alike. The principles-based versus rules-based standards debate is discussed and illustrated with the case of Lehman’s accounting for Repo 105 transactions, which clearly highlights the issues that this debate raises.
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