COURSE OF STUDY

Course Title: Computer Accounting and Investing

Department: Business

Grade Levels: 11– 12

This is an introduction to basic accounting and investing methodologies using computer technology in the process. The skill acquired in this class can help students obtain higher paying part-time (or full-time) employment and create a stable long-term investment program using common stocks and/or mutual funds. It is also good for “would be” future entrepreneurs, as well as college bound students needing computer skill enhancement and understanding of basic business concepts. Students are provided an opportunity to acquire important business/collegiate skills since computer “spreadsheet” application packages (such as Excel) are the most widely used software packages in business and for personal records.

A certificate of proficiency from SCROC is issued for students who have satisfactorily acquired these important skills.

Length: One Year

Prerequisite for enrollment: Student must be 16 years old for SCROC credit

Recommendation for enrollment: Interest

Type of course: Business Elective. Student may receive Math Credit for Graduation if the student has already successfully completed Algebra.

COURSE OUTLINE

Based on ESHS Standards and SCROC Standards

Eagle Expectations that apply: Integration of Core Knowledge & Critical Thinking

A. Journalizing transactions for service businesses and for merchandising businesses applying debit and credit rules and recording transactions.

1. A cash journal

2. A combination journal

B. Posting to ledgers

1. General ledger

2. Accounts receivable/payable ledgers

C. Preparing Financial Statements by hand and using Excel Spreadsheets

1. Income Statement

2. Balance Sheet

D. Journalizing and posting adjusting and closing entries

E. Analyzing journals, ledgers and financial statements of a business.

F. Preparation of payroll (both by hand and by utilizing Microsoft Excel spreadsheets as a tool).

G. Preparing bank reconciliations

H. Keeping business and personal check registers, writing checks and paying bills for each

I. Recognizing and appropriately recording information from common business source - documents including purchase invoices, sales invoices, statements of accounts, check stubs, memos, etc…

J. Recording and paying sales and payroll taxes

K. Accounting for depreciation expense

L. Keeping personal financial records for a family and for an individual including check registers, credit card transactions and records of receipts and payments

M. Learning and practicing investing and stock trading principals using websites and simulated trading projects.

I. INSTRUCTIONAL METHODS

A. Lecture and Guided Practice

B. Investigations

C. Overhead Transparencies used as examples

D. Class Word

E. Individual Tutoring and Assistance

F. Short-term Projects

II. EVALUATION/GRADING OF STUDENT

A. Quizzes and Project Tests

B. Semester Exam

C. Comprehensive Final Exam

D. Projects

E. Classroom Participation

F. Portfolios

III. INSTRUCTIONAL MATERIALS

A. Basic Texts

1. Century 21 Accounting by Boynton, Swanson, Carlson, Forkner (So Western Publishing)

2. Family Financing Management by Roman, Finch, A Record Keeping Simulation (So Western Publishing)

3. Fitness Junction, An Accounting Simulation with Source Documents (So Western Publishing)

B. Computers, and Scientific Calculators

CLASS RULES AND STANDARDS OF CONDUCT

A. All materials must be brought to class each day

B. Detention will be assigned for disruptive behavior, and for each tardy after the third

C. Students are expected to remain in their assigned seats and to refrain from all types of disruptive behavior.

D. Students are expected to keep their workstation clean and to respect all property of the school and of others. No food will be allowed in classrooms.

E. Assignments must be submitted on time in order to receive credit. If the student is absent, they must see the instructor regarding late work.