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Porter/Norton, Financial Accounting, 10e
Activity Outcomes in the Instructor's Manual
Chapter Activity or Item Tier 1 Standards (AACSB) Tier 2 Standards (AICPA and ACBSP-APC) Bloom’s Taxonomy Topic (A-head from text) Difficulty Level Time Estimate Module Learning Objective
1 Projects and Activities: Technology BB: Leverging Technology Understanding Accounting and Financial Statements Easy 15-30 minutes 2LO 4
The competition Financial Statements
1 Projects and Activities: Analytic FN: Measurement Applying Financial Statements: How Accountants Communicate Moderate 15-20 minutes 2L0 5
Prepare your own balance sheet Financial Statements
2 Projects and Activities: Analytic FN: Decision Modeling Evaluating Using a Classified Balance Sheet: Moderate 30 minutes 2 LO 4 and Decision Models
Current Ratio & Decision Models Financial Statement Analysis Introduction to Ratios
3 Projects and Activities: Analytic FN: Measurement Applying Journal Entries and Trial Balances Moderate 15 minutes 3 LO 6
Subisidary Ledgers Special Journals
4 Projects and Activities: Analytic FN: Measurement Remembering The Revenue Recognition Principle Moderate 15-30 minutes 1 LO 3
Revenue recognition methods GAAP
4 Projects and Activities: Analytic FN: Measurement Analyzing Expense Recognition and the Moderate 15-30 minutes 1 L O 4
Expense versus asset Financial Statements Matching Principle
4 Projects and Activities: Analytic FN: Measurement Analyzing Adjusting Entries Moderate 20-30 minutes 2 LO 5
Unearned revene for airlines Adjusting Entries
4 Projects and Activities: Analytic FN: Decision Modeling Evaluating Adjusting Entires Moderate 20-30 minutes 2 LO 5 and Decision Models
8 Projects and Activities: Analytic FN: Measurement Applying Acquistion of Operating Assets Moderate 15-30 minutes 1 LO 1
Personal balance sheet Financial Statements
8 Projects and Activities: Analytic FN: Measurement Applying Disposal of PPE Moderate 30 minutes 2 LO 8
Impact of disposals Long-term Assets Reporting
8 Projects and Activities: Ethics BB: Critical Thinking Analyzing Disposal of PPE Challenging 30 minutes 2 LO 8
Residual value Long-term Assets Reporting
8 Projects and Activities: Reflective thinking BB: Critical Thinking Evaluating Intangible Assets Challenging 30-45 minutes 3 LO 9
Customers and depreciable assets Long-term Assets Reporting
8 Projects and Activities: Ethics BB: Critical Thinking Analyzing Capital versus Revenue Expenditures Challenging 30-45 minutes 2 LO 7 and Decision Models
Using Decision Models Financial Statement Analysis
Factors affecting bond price Long-term Liabilities Reporting
10 Projects and Activities: Analytic FN: Measurement Understanding Long-term liabilities and cash flow issues Moderate 45-60 minutes 4 LO 8
Amortization tables and bond Long-term Liabilities Reporting
terms
10 Projects and Activities: Ethics BB: Critical Thinking Analyzing Liability for Leases Moderate 20-30 minutes 3 LO 7 & Decision Models
Ethical Decision: Leases Financial Statement Analysis Analyzing
10 Projects and Activities: Analytic BB: Critical Thinking Analyzing Analysis of Long-Term Liabilities and Cash Flow Issues Moderate 20-30 minutes 4 LO 8 & Decision Models
Ratio Analysis and Decision Model Financial Statement Analysis Making Business Decisions
11 Projects and Activities: Analytic FN: Measurement Analyzing Issuance of Stock Moderate 30-45 minutes 1 LO 3
What does stock cost? Corporate Investments
12 Projects and Activities: Analytic FN: Measurement Understanding Preparing the Statement of Cash Flows Using the Easy 15-20 minutes 3 LO 6
What method do you prefer? Statement of Cash Flows Indirect Method
