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AlgorithmicHomework: Accounting


What is AlgorithmicHomework?
AlgorithmicHomework is a collection of web-based, interactive homework exercises and additional practice questions that are
customized for you by our specialist academic authors to complement your course and the way you teach it.
AlgorithmicHomework offers:
   hundreds of engaging questions that focus on deep analysis and real-world application of the content you teach
   a large variety of question types, at varying levels of difficulty, to help students target their study
   tailored step-by-step solutions and detailed stand-alone feedback that students describe as like having a 24/7 personal tutor.

Assessment
AlgorithmicHomework provides instructors with a centralized and automated assessment environment that offers:
   AntiCheat functionality to ensure students learn thoroughly, rather than mindlessly copying the work of their peers
   AutoGrade functionality to completely remove the workload of individually grading each student’s work yourself
   Ongoing feedback to help students learn from their mistakes along the way.

Advantages of Perdisco AlgorithmicHomework
   Questions contain algorithmic variables so that each student receives unique numeric values and cannot easily cheat
   Detailed, stand-alone feedback provided means that students don’t need to refer to other sources, such as a textbook
   Inter and intra-dependent questions are used to reflect real-world problem solving situations
   Content is learning focused and does not easily reveal the correct answer
   Content is continually updated in response to feedback from instructors around the world who use our content
   Our in-house academic team customizes the content for you (for free) to match your course
   Academic and technical support is provided for instructors and students via email and toll-free telephone
   No downloads or plug-ins are required. A large range of web browsers is supported

Perdisco's e-learning content is created by an in-house team of specialist academic authors, editors, instructional designers and
web developers and is subject to stringent academic and technical review. Content is customized by our in-house academic team
to ensure that it closely matches the structure and learning objectives of your course.

Updates and modifications are made on an ongoing basis in response to feedback from instructors around the world who use our
content in their day-to-day instruction.




© 2009 Perdisco | www.perdisco.com | info@perdisco.com
US and Canada 1-800-808-1494 | Australia 1800-808-636 | New Zealand 0800-808-428
AlgorithmicHomework: Accounting


Content
Perdisco’s AlgorithmicHomework are independently developed to cover a number of academic approaches. We can customize an
AlgorithmicHomework resource for you using any combination of the topics listed below:
Accounting for Decision Making
Introduction to accounting                                                     Balance sheet
   The role of accounting                                                           Transactions affecting the balance sheet
   Users of accounting information                                                  Format, presentation and limitations of the balance sheet
   Regulatory environment
                                                                               Income statement
Introduction to financial statements
                                                                                    Cash vs accrual accounting
   Defining assets, liabilities, equity, revenues, expenses and net                 Transactions affecting the income statement
   income
                                                                                    Determining gross profit and net income
   Classifying accounts as assets, liabilities, equity, revenues or
                                                                                    Format and presentation of the income statement
   expenses
   The accounting equation                                                     Cash flow statement
   Characteristics of financial statements                                          Purpose and format of the cash flow statement
   Introduction to the balance sheet                                                Operating, investing and financing cash flows
   Introduction to the income statement                                             Direct method of preparing the cash flow statement
Transaction analysis                                                                Indirect method of preparing the cash flow statement

   The principle of duality                                                    Financial statement analysis
   Recording transactions to start up a business                                    Common sized statements
   Recording revenue and expense transactions                                       Horizontal and vertical analysis
   Recording transactions that affect inventory                                     Calculating ratios
   Multiple transaction analysis

Financial Accounting
Introduction to accounting                         Completing the accounting cycle                     Accounting information systems
   The role of accounting                              The accounting cycle                                 Special journals and subsidiary ledgers
   The accounting equation                             Preparing closing entries                       For this section, you may select either of the
   Transaction analysis                                Adjusted and post-closing trial balance         following options to match your Perdisco
   Introduction to the financial statements            Preparing reversing entries                     practice set:
Analyzing transactions                                                                                      Periodic inventory, no tax, reversing
                                                   Inventory transactions                                   entries
   Introducing debits and credits                      Perpetual and periodic inventory systems             Perpetual inventory, no tax, no reversing
   Journalizing transactions                           Recording journal entries for inventory              entries
   Posting to the ledger                               transactions
   Unadjusted trial balance                            Calculating cost of goods sold (periodic)       Plant assets
                                                       Preparing closing entries for inventory             Determining the cost of assets
Adjusting entries
                                                                                                           Depreciation concepts
   Cash and accrual accounting                     Measuring inventory                                     Calculating depreciation
   Introduction to adjusting entries                   Cost flow assumptions                               Subsequent expenditure
   Preparing adjusting entries for                     Specific identification, FIFO, LIFO,                Disposal and derecognition
   prepayments and accruals                            Average cost

Management accounting
Costing                                                                        Capital investment decisions
   Direct and indirect costs                                                        The nature of capital investment decisions
   Allocating overhead to a single product or service                               Time value of money
   Determining costs in multi-product (multi-service) firms                         Accounting rate of return
CVP analysis                                                                        Payback period
                                                                                    Net present value
   Cost behavior: variable, fixed and mixed
                                                                                    Internal rate of return
   CVP graph
   Break-even analysis                                                         Relevant costs and decision making
   Net Income and CVP analysis                                                      Relevant costs and opportunity costs
   Using CVP analysis in decision making                                            Incremental/differential analysis
Budgeting                                                                           Special pricing/special order decisions
                                                                                    Make or buy decisions
   The budgeting process and the master budget
   Budgeted financial statements



© 2009 Perdisco | www.perdisco.com | info@perdisco.com
US and Canada 1-800-808-1494 | Australia 1800-808-636 | New Zealand 0800-808-428

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Us ah accounting

  • 1. AlgorithmicHomework: Accounting What is AlgorithmicHomework? AlgorithmicHomework is a collection of web-based, interactive homework exercises and additional practice questions that are customized for you by our specialist academic authors to complement your course and the way you teach it. AlgorithmicHomework offers: hundreds of engaging questions that focus on deep analysis and real-world application of the content you teach a large variety of question types, at varying levels of difficulty, to help students target their study tailored step-by-step solutions and detailed stand-alone feedback that students describe as like having a 24/7 personal tutor. Assessment AlgorithmicHomework provides instructors with a centralized and automated assessment environment that offers: AntiCheat functionality to ensure students learn thoroughly, rather than mindlessly copying the work of their peers AutoGrade functionality to completely remove the workload of individually grading each student’s work yourself Ongoing feedback to help students learn from their mistakes along the way. Advantages of Perdisco AlgorithmicHomework Questions contain algorithmic variables so that each student receives unique numeric values and cannot easily cheat Detailed, stand-alone feedback provided means that students don’t need to refer to other sources, such as a textbook Inter and intra-dependent questions are used to reflect real-world problem solving situations Content is learning focused and does not easily reveal the correct answer Content is continually updated in response to feedback from instructors around the world who use our content Our in-house academic team customizes the content for you (for free) to match your course Academic and technical support is provided for instructors and students via email and toll-free telephone No downloads or plug-ins are required. A large range of web browsers is supported Perdisco's e-learning content is created by an in-house team of specialist academic authors, editors, instructional designers and web developers and is subject to stringent academic and technical review. Content is customized by our in-house academic team to ensure that it closely matches the structure and learning objectives of your course. Updates and modifications are made on an ongoing basis in response to feedback from instructors around the world who use our content in their day-to-day instruction. © 2009 Perdisco | www.perdisco.com | info@perdisco.com US and Canada 1-800-808-1494 | Australia 1800-808-636 | New Zealand 0800-808-428
  • 2. AlgorithmicHomework: Accounting Content Perdisco’s AlgorithmicHomework are independently developed to cover a number of academic approaches. We can customize an AlgorithmicHomework resource for you using any combination of the topics listed below: Accounting for Decision Making Introduction to accounting Balance sheet The role of accounting Transactions affecting the balance sheet Users of accounting information Format, presentation and limitations of the balance sheet Regulatory environment Income statement Introduction to financial statements Cash vs accrual accounting Defining assets, liabilities, equity, revenues, expenses and net Transactions affecting the income statement income Determining gross profit and net income Classifying accounts as assets, liabilities, equity, revenues or Format and presentation of the income statement expenses The accounting equation Cash flow statement Characteristics of financial statements Purpose and format of the cash flow statement Introduction to the balance sheet Operating, investing and financing cash flows Introduction to the income statement Direct method of preparing the cash flow statement Transaction analysis Indirect method of preparing the cash flow statement The principle of duality Financial statement analysis Recording transactions to start up a business Common sized statements Recording revenue and expense transactions Horizontal and vertical analysis Recording transactions that affect inventory Calculating ratios Multiple transaction analysis Financial Accounting Introduction to accounting Completing the accounting cycle Accounting information systems The role of accounting The accounting cycle Special journals and subsidiary ledgers The accounting equation Preparing closing entries For this section, you may select either of the Transaction analysis Adjusted and post-closing trial balance following options to match your Perdisco Introduction to the financial statements Preparing reversing entries practice set: Analyzing transactions Periodic inventory, no tax, reversing Inventory transactions entries Introducing debits and credits Perpetual and periodic inventory systems Perpetual inventory, no tax, no reversing Journalizing transactions Recording journal entries for inventory entries Posting to the ledger transactions Unadjusted trial balance Calculating cost of goods sold (periodic) Plant assets Preparing closing entries for inventory Determining the cost of assets Adjusting entries Depreciation concepts Cash and accrual accounting Measuring inventory Calculating depreciation Introduction to adjusting entries Cost flow assumptions Subsequent expenditure Preparing adjusting entries for Specific identification, FIFO, LIFO, Disposal and derecognition prepayments and accruals Average cost Management accounting Costing Capital investment decisions Direct and indirect costs The nature of capital investment decisions Allocating overhead to a single product or service Time value of money Determining costs in multi-product (multi-service) firms Accounting rate of return CVP analysis Payback period Net present value Cost behavior: variable, fixed and mixed Internal rate of return CVP graph Break-even analysis Relevant costs and decision making Net Income and CVP analysis Relevant costs and opportunity costs Using CVP analysis in decision making Incremental/differential analysis Budgeting Special pricing/special order decisions Make or buy decisions The budgeting process and the master budget Budgeted financial statements © 2009 Perdisco | www.perdisco.com | info@perdisco.com US and Canada 1-800-808-1494 | Australia 1800-808-636 | New Zealand 0800-808-428