Accounting software on every desktop

1. Accounting software on every desktop Carol Yacht, Textbook Author www.mhhe.com/yacht Susan Crosson, Professor of Accounting Santa Fe Community College http://inst.sfcc.edu/~scrosson/

2. Today’s Agenda • Curriculum implications of Microsoft Office Accounting—the new application included with MS Office 2007. • Popular accounting software and suggestions for integrating software into accounting courses. • What accounting software programs should I teach? • How do I use accounting software in more than one course? • How does hands-on practice reinforce accounting? • Creating iPod content.

3. Accounting Software Basic Business Processes: …buy, sell, build, track • Acquisition/Payment • Sale/Collection • Conversion • Human Resource • Financing

4. Popular accounting software

5. Software Used by Small, Medium, and Large Businesses http://www.asaresearch.com/articles/customers.htm

6. Small Business Accounting Software: Up to 20 Employees *MOA Estimate: There are 400 million Microsoft Office users worldwide. If 1% use Office Accounting, there will be 4 million users. http://www.aicpa.org/pubs/jofa/mar2006/collins.htm

7. 0 What software does your course emphasize?* *Crosson, Segovia and Yacht: Survey of AIS-Educators and Microsoft Convergence Attendees; reported March 10, 2007 at MS Convergence, San Diego

8. Accounting = Information Architects Why add Accounting Software to your courses? • Business/Financial Literacy • Accounting Literacy • Because it is how accounting is actually done….

9. Accounting Course Sequence Excel Excel Managerial/ Principles II Financial/ Principles I Dynamics-GP Publisher Designed GL, Peachtree; QuickBooks; Office Accounting 2007 Computer Accounting Tax Cost Intermediate AIS Audit Tax Software Peachtree Access Excel Dynamics-GP ACL

10. Adding Software to Accounting Courses • Doing Focus • Principles of Accounting, Tax, Audit, Government • Focus on Data entry and Bookkeeping • Practice sets to learn accounting processes • Using Focus • Separate Computer literacy & AIS Courses teach the basics • Focus on computer-based stand-alone programs • Practice analyzing sample company data or data sets from Financial/Managerial/Tax/Auditor perspective • Business Process Focus • Technology integrated across curricula & desktop • Focus on analyzing Information accessible from anywhere • Practice queries and searches of databases • Explore Internal/External Controls and Risks of Systems

11. Peachtree; QuickBooks; Office Accounting 2007; Dynamics-GP (Great Plains)

12. Retention Rates Learning Pyramid Practice makes perfect* *National Training Labs, Institute for Applied Behavioral Science; Bethel, Maine

13. Carol Yacht’s General Ledger

14. CYGL: General Journal & Balance Sheet www.mhhe.com/cyglandpeachtree

15. Peachtree 2007 Peachtree Sales Navigation Aid

16. QuickBooks Pro 2006 Home Page

17. QuickBooks Online Edition Home Page

18. Office Accounting 2007

20. http://us20.trymicrosoftoffice.com/product.aspx?sku=3082925&section_id=211&culture=en-UShttp://us20.trymicrosoftoffice.com/product.aspx?sku=3082925&section_id=211&culture=en-US

21. Comparison: Office Accounting Pro & Accounting Express

22. Comparison: Office Accounting Pro & Accounting Express

23. Comparison: Office Accounting Pro & Accounting Express http://office.microsoft.com/en-us/accountingexpress/FX102097791033.aspx?mode=print

24. Business Education ForumApril 2007 issue • Using Accounting Software in the Classroom: What are the Options?* −QuickBooks −Microsoft Office Accounting −Peachtree *Article by Steven J. Carlson, Prof. of Accounting, University of North Dakota and Ryan Rauschenberger, Staff Associate, PricewaterhouseCoopers

25. Office Accounting 2007

26. Office Accounting 2007

27. Dynamics-GP 8.0

28. Because Accounting software is on every business desktop, which will you use?

29. Add Meaningful Technology Tools • iPods & podcasting • Tablet PC & digital ink • Clickers (personal response systems) • Cell phones, Cameras, ???

30. iPods…..Consider the possibilities • Record and playback classes • Chapter overviews—highlight favorite pages or learning objectives • End-of-chapter coaching of review problem to model problem solving process • Explanations of textbook visuals, i.e., exhibits, figures • Podcasts-audio or video broadcasts available on the Internet • I hear, therefore I learn

31. GCast is a free service that lets you record a podcast by calling a toll-free telephone number and then speaking using voicemail-style recording tools. Also offers free hosting and an embeddable player that can be dropped onto any page. The player describes your audio content as well as a play/pause button so all can listen without leaving the page. http://www.gcast.com For more see “GCast: Super-Easy Podcasting,” Monkey Bites, February 21, 2006http://blog.wired.com/monkeybites/ Podcasting with only a Telephone…

33. Clickers

34. Teaching with Technology • No Turnkey Solutions • Expresses You • Continuously Challenges • Research Opportunities • Delights Students! Get more out of your teaching: By getting teaching/learning out of the classroom, By remembering to begin with the end in mind, By utilizing students’ modalities, questions, and development stages, By keeping the best and rethinking the rest, By inspiring students like your favorite professor inspired you.

35. McGraw-Hill Computer Accounting textbooks – www.mhhe.com/yacht

36. Yacht & Crosson, the names to know for Computer Accounting learning. Click on book to go to Online Learning Center.