33. A New Design for
the First Accounting Course
Presenter: Ronald J. Huefner, SUNY at Buffalo
Description: This session
will introduce you to a totally different way of organizing and teaching the
first accounting course-a "measurement models" approach. Among the
measurement models we use in accounting are:
- Cash Flow Model
- Discounted Cash Flow Model
- Cash Income Model
- Accrual Income Model
- Working Capital Model
- Wealth Models
- U.S. Public Reporting Model
- International Reporting Model
- Performance Models (such as
EVA®)
- Contribution Model
- Disaggregated Profit Models
- Throughput Model
For each, specific topics covered,
along with cases and assignments that support this approach, will be
described.
Choice of specific models to be
covered will depend on the focus and length of the course, and its role in the
curriculum. This material has been class-tested for four years, by three
different instructors. The course is fun to teach and has been well received by
students. By attending this session, you will have a new view of how the first
accounting course can be successfully offered. While I have taught this
approach to M.B.A.s, I believe it can be successfully delivered to
undergraduates as well.
