Home > Graduate Programs > Pre-enrollment Modules > Accounting Module

Instructor: Dr. Janice Cobb
Email: j.cobb3@tcu.edu  

Learning Objectives

An understanding of financial accounting is essential for anyone who will use financial information for decision-making. Financial statements provide key information about the economic activities and financial position of a firm. The summer online accounting module will provide you with the foundational knowledge required to understand financial information. You should complete the summer online accounting module to prepare you for the ACCT 60010 course.

You will be asked to learn the summer module material at a very rapid pace during the first two weeks of your ACCT 60010 course. Familiarity with the basic knowledge presented in the summer financial accounting module will significantly reduce your workload and stress level during the first two weeks of your first fall semester in the MBA program. I strongly encourage you to spend some time working with the material presented in the summer financial accounting module.

Students who complete the summer online accounting module will have the following knowledge and skills necessary for success in ACCT 60010:

  1. An understanding of accounting terminology, the language of business
  2. An understanding of the information provided on the four financial statements
  3. The ability to record basic business transactions and work in a T account

"The Financial Accounting summer module is an absolute necessity for students who do not have an undergraduate business degree or English is a second language." (Previous MBA students)

Required Materials    

Financial Accounting is Not That Hard. Cobb, J. Copley Publishing.
ISBN 978-58152-965-4   (Purchase on Amazon.com)

www.accountingtestprep.com
“Introduction to Accounting”(MBAs): Free Online

“TCU Online” Access: Contact Olivia Williams in the MBA program office if you need assistance at o.williams@tcu.edu.

Instructions for Completing the Summer Online Accounting Module

Obtain the above book on Amazon
Login to TCU Online; Click on the MBA Summer Accounting Module
Click on “Content”
Click on “Week 1” and begin!

For each Week:

  • Read the related chapter(s) in Financial Accounting Is Not that Hard.
  • Watch the YouTube video lectures (web address provided on TCU Online)
  • Complete and study the homework on accountingtestprep.com for the topic
    Homework is for learning purposes; it should NOT submitted online.
  • Check your answers and learn from the explanation: full explained answers to all accountingtestprep.com homework questions/problems are provided online below each question.

TCU Online Quiz: Take (and submit) the quiz for each topic after you have completed the learning process. A score of 80% or better indicates adequate understanding. Repeat the study process and take the quiz until you achieve a score of 80% or better. You may take a quiz up to five times.

Students should plan to complete the summer online accounting module over a period of 5-8 weeks.  Determine an study schedule and assign goals to each week.  Allow for weeks you will not be able to study due to out of town work, vacations, visitors, etc.

 

Financial Accounting Pre-requisite Test after completing all modules

ALL students must complete the “Final Pre-requisites Test” (under Quizzes) on TCU Online after completing all modules and before the first day of ACCT 60010. The test consists of multiple-choice questions.

You will have one hour to complete 45 multiple choice questions. Students who score greater than 80% will be prepared for ACCT 60010.

To access the Financial Accounting Test: Login to TCU Online, click on:
MBA Summer Accounting Module > Activities > Quizzes > Financial Accounting Pre-requisite Test
and follow the instructions (just like the quizzes).

 

TCU Online Units / TCU Online Topics / Chapter Readings

Plan for 6 to 8 hours each week. The time required will vary with a student’s prior knowledge of financial accounting.

Module 1: 
FA1 / Chapter 1  Overview of Financial Accounting
FA2 / Chapter 2  Balance Sheet
FA3 / Chapter 3  Transactions that Change the Balance Sheet

Module 2:
FA4 / Chapter 4  Income Statement
FA5 / Chapter 5  More on the Income Statement (Accrual Basis)

Module 3:
FA6 / Chapter 6  Balance Sheet and Income Statement

Module 4:
FA7 / Chapter 7 & 8  Cash Flow Statement and Statement of Equity

Module 5:
FA8 / A-1 Recording Transactions on a Spreadsheet: Overview
FA9 / A-1 Recording Transactions on a Spreadsheet: Practice
FA10 / A-2 Record Journal Entries and Balance T Accounts

Email Janice Cobb at j.cobb3@tcu.edu if you have questions about the Online Accounting Module.
(Allow 72 hours for a response. She will be out of the office most of the summer and sometimes without internet access.)