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Course Description:
This course introduces students to the
accounting cycle. The course reviews the fundamental concepts and
techniques of recording transactions in journals, summarizing the
transactions, using adjusting and closing procedures, and preparing
financial statements and reports. It also introduces the student to
valuation accounting relating to inventory and fixed assets, internal
control concepts with an emphasis on cash control, procedures for notes
payable and receivable, and payroll accounting |
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Group Project:
Globalization
Reflection: We
were
assigned to write a research paper on the topic of Global financial
Crises. This
assignment is a team project. The professor will assign a partner from
oversea
to each students in our class and we take every responsibility to
contact with
them. As soon as I got the information about my oversea partner, I
emailed that
person and tried to contact my partner more than three times before I
give up
on him. Professor told us that because of their schedule and our
schedule are
different, it might take sometime to get response from them. I found my
partner
from our class who also didn’t get response from his partner either.
Because I
lived in
Michigan
State
for a year and witnessed their
economic
situation in
Michigan
, I told my
partner we
can talk about the financial crises in the automobile industry which is
the
main industry of
Michigan
;
and my partner also liked it. Since it is the Globalization project, we
researched about the competition between Michigan Big three ( General
Motors, Ford and Chrystler) and
foreign automobiles including Japanese, Korean,
Germany
car companies. Meanwhile,
we talked about whether it is worth for the government to bail out the
big
three. The most joyful thing is not we got the high grade which we did,
but the
process of completing this project. I enjoyed to work as a team and I
like to
research about what I am interested in to know about more.
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Welcome || About Me || Classes & Projects
|| Educational Goals
|| Resume
|| Links
|| Contact
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LaGuardia Community
College
31-10 Thomson Avenue, Long Island City, NY 11101
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