Tuesday, February 9, 2010

Test Tuesday

It's funny how everyone shows up to test day. We haven't had this full of a class all year.

Jeff showed up and realized he could have a cheatsheet. Patrick was kind enough to pass his along. I hope Jeff doesn't get higher than you on the test patrick. ha.

Jon came in and said "Ready to do battle". Seems fitting. Not that my tests are that much of a battle as they keep getting easier and easier as time goes on.

I learned that a strawberry is not a berry but a banana is according to Lisa's son. Learn something new everyday. I hope that is not listed as one of the things Lisa learned this year in accounting.

Angela's snickers had me drooling all class. How rude not to share. Talk about lost chances, that could have been atleast an extra couple of marks on the test. I'm not that far above bribing. Atleast when it comes to chocolate. ha.

I'll hand out the project next class. Probably a good class for everyone to be here.

Homework:

Read Chapter 15

Friday, February 5, 2010

Test on Tuesday

Started with about 3 students in class. I was wondering if I was in the right room. Jason showed up finally. Jeff says he has snifflelis or something. Test is on Tuesday Jeff. And it just so happens that I didn't give a quiz this class either. Lucky for Angela, Kaili and Jeff.

We finished up the homework and went over what to study for the test on Tuesday.

David said his wife was wondering what his attendance is in our class because he doesn't seem to be getting too much smarter. You need to start mumbling "current ratio equals current assets divided by current liabilities" in your sleep. David has 100% attendance Mrs. Middleton. He's a great student as well. You should be proud.

Lisa says her kids ask her to read to them out of her accounting textbook at night because it's so interesting.

Teresa looks like she knows what's going on. Everytime I make a mistake on my spreadsheets I see her scrunch her nose and think "I know I'm right, he's doing this wrong". As I said before about homework, I do the homework with you (when we have time) instead of just giving you the answers. Which means I make mistakes and hope you correct me when I'm wrong. Hope it's helpful. Let me know if you want me to speed up or change anything.

It's nice to have the time to go through the homework on the analysis chapter as that's a great base for the project.

Homework:

Test on Tuesday. Study all weekend. I'll be thinking of you all while I'm tearing up the slopes and watching the Super Bowl on Sunday. Go Saints I guess. Stupid Farve.

Wednesday, February 3, 2010

Lots of Homework

We spent the whole 2 hours crunching numbers. What a great class. We took it kind of slow and I did most of the work in Excel. Everyone witnessed how bad of a typer/speller I am. I think I'm a worse typer than writer on the board. When I write on the board I can atleast use squiggles to pretend I know how to spell.

Kaili used Excel for the accounting homework for the first time and I know she's hooked now. I heard her gleefully say "I love Excel". All I have to say is - get married quick, your slipping into accounting geeky-dom. Everyone else did it by hand which is ok but a little more time consuming.

Angela graced us with her presence for the first time. Glad she showed up before the first test.

Teresa still is not reading these blogs. She did say she tried to turn on a computer but got confused when it said Login. She was wondering who Login was. Maybe Kenny Login been using her computer. Nice. Time to cut loose, footloose...Most of you probably don't remember Footloose. I remember when that song knocked Thriller off the number one spot. Man I loved the 80's.

We will finish up homework next class as we are just getting into the problems portion of the homework. I'm still debating about a quiz. David accused me of being a grumpy teacher as he's never heard of anyone "giving a quiz then a test on consectutive days".

Missing Jeff and Jason again. You guys still around? What about Irina?

I must have scared Adrienne off I guess.

Homework:

Finish homework starting at P14-22a

Friday, January 29, 2010

Financial statement analysis

We somehow managed to make 33 slides which contained 22 slides of explaining formulas last 2 hours. Funny how I can entertain myself with whatever content as long as it relates to accounting or numbers.

Missing a couple of people but that's not too new for Jeff and Jason.

Caught Patrick napping during class last night but he blurted out "It Depends" and sure enough that was the answer to my question. We can go on and on about what it depends on but 9 times out of 10 when I ask "is that good" can be anwered with those two words.

Lots of homework this time. Hopefully this will help with the project. Try doing with Excel if you can.

Homework:

  • S14-5 thru S14-11
  • E14-18, 19, 20
  • P14-22A thru 26A

Wednesday, January 27, 2010

Homework class

Teresa asked if it was important to look at this blog last night. I told her it wasn't but now that I know she doesn't read these I guess can write interesting things about her and everyone can point fingers at her and giggle and tell her "look at the blog" until she does. Ha, this could be lots of fun. For example, did you know that Teresa has 9 kids, 6 boys and 3 girls, and was once the mayor of Whitefish. She also enjoys polar bear hunting and shot 2 while stationed on a tropical island when she was stationed in the US Navy. Just ask her, she has lots of good stories to tell.

Didn't see Adrienne. Hope she didn't have a change of heart already.

Had lots of fun doing cashflow statements. Went through 4 homework problems and ended the class early two class periods in a row. Wow, that's a record. Don't get accustomed to it. I gave us an extra day or so this beginning chapter to make sure we had lots of time to get everyone on a solid standing for the first test.

Jason got one question right all by himself. He looked like he wanted to open his own accounting firm right then.

Jon seems to get calculations. I always look at him to make sure I did things right on the board. I figured things out with a T account. He just thought about it and made up his own formula. Good job.

I haven't received an email from David yet but think I'll send him the calendar and surprise him that I actually remembered he wants one.

Anyone else want me to send them one? I didn't get anyones contact info yet besides Lisa. I should have all of yours but probably don't. Send me your email address so I can make sure I have the correct one.

Homework:

Read Chapter 14 - Financial Statement Analysis

Friday, January 22, 2010

Cash flow statment

Had a surprise appearance from a former ACGT 201 student. Adrienne sauntered into class and I was pretty sure I remembered her sitting in the same spot about 2 years ago. Glad to see she thought she could stand another semester of my dry wit and geeky humor.

It's felt pretty good the last couple of classes. Had quite a bit of participation and most of my jokes get some giggles out of some of you. Tried to explain cash flow principals. I saw several eyebrow scrunches and a few head shakings. Not sure if that's because of my explainations or just people trying to stay awake. Please give me feedback if you want me to go over something again. Hopefully going over homework will clear some of the confusion up.

Finished up the cash flow chapter and explained that thumbs were meant to be used by all accountants. Assets it's opposite, liabilites and OE it's in the same direction. Some of the slides were hard to look at. As I said in class, I think they are more confusing than they are really worth.

Did a sample cash flow and assinged everyone to try the homework themselves before going through it in class. We should get through all the homework and possibly start on chapter 14.

Homework:
  • Finish homework assigned from last blog
  • Read chapter 13

Wednesday, January 20, 2010

First day of class

Good to see a lot of old faces in class. A good majority of last semesters class is back. Also nice to see Teresa, Kaili, and Irina join our happy ranks. I'm not sure if the newbies get my jokes, humor and all around good wit yet. Hopefully I'll rub off on them soon.

Teresa ownes her own house cleaning service. Kaili had a few yawns but tried to be polite and hide them. I caught Irina chuckling at a few of my jokes. She must already be down the road a bit to becoming an accounting geek. Irina and Kaili are not married so encouraged them to find a husband before they become completely nerdy.

Let everyone know our signals. Scratch head to repeat, scratch side of nose to deflect questions.

Still have a few missing according to our roles. Would be nice to have another couple of students to torture.

After going over the course syllabus and calendar we went through the beginning part of the cash flow statement lecture after wetting our chops on some debits and credits.

We will finish the end of the lecture next class and possibly go onto a homework question or two.

Overall it was an good beginning class. Looking forward to Thursday.

Homework:
  • E13-17
  • E13-22A
  • P13-24A
  • P13-25A
  • P13-29B