International Accounting Grade, Ending and Review

This is an elective for an Accounting Concentration, I took this class in Spring 2011.

I decided that I would do my best to focus all of my electives in Accounting, so upon completion of the program I could of satisfied the legal credit requirement to sit for the CPA exams. If I make every elective Accounting I would be pretty close to satisfying the requirements legally from an education point of view. I believe I would have 27 of the 30 required just by making that designation. So accounting electives would have to be the only electives I would take, if hearing about accounting classes bores you, I am sorry, I will do my best to entertain.

International accounting is great because it is a specifically designed Independent study, it is an accounting elective, and it satisfies the International elective criteria that is required in the program. Talk about knocking out three birds with one stone. I sat down with Debby Turner and got the information and approval to register for the class – a policy of all independent studies. We rented text books from Debby and she gave us a list of multiple questions that corresponded to each chapter, the answers to the questions, and the rules for a small paper that was to be written prior to completion.

I woke up on Saturdays read the chapter and answered the questions, without looking at the book or the answers, graded myself and if I got 90% or greater I moved on. If I didn’t, I would look at the questions I answered incorrectly and revisited the topics. I would retry the exam, there was some sure fire human error and bias in the process though, since I already saw the answers, it helped me learn. I repeated the efforts until I scored over 90% and then moved to the next chapter the following week.

I learned a lot through the process about the international side of accounting, the different rules, the most likely future of accounting, the way things are done in other countries and how they change their accounting to trade on different stock exchanges, and the tax related rules from working and producing products or owning land overseas. Ultimately, I was able to put together what I believe was an articulate paper that answered some of the questions I had when I started the course.

I have stated before that I like to know what I don’t know about a topic, this independent study allowed me to learn everything that I could in the time allotted. I very much like Debby Turners approach to accounting and the learning process matches mine almost perfectly. I recommend this class to anyone and everyone that has any interest in Accounting and needs their International elective satisfied still. The material was perfectly presented so I give Debby an “A” , and the material an “A” as well. I got an “A”.