This 7 minute video by Dr. Larry Walther coincides with Chapter 2: Information Processing from his website Principlesofaccounting.com. In the video presentation the terms accounts, debits, and credits are defined and illustrated. Using a spreadsheet format increasing and decreasing accounts is demonstrated, followed by the use of debits and credits. The video is available from Bookboon.com and requires registration with an email address.
Type of Material:
Video Presentation
Recommended Uses:
Homework, individual use, review.
Technical Requirements:
Internet. Users must sign up for the bookboon.com email prior to watching this presentation.
Identify Major Learning Goals:
The presentation is a good review of financial accounting principles within the frame of computerized accounting. It emphasizes transaction analysis, debit/credit rules, and general ledger accounts.
Target Student Population:
Financial accounting, Associate’s level, Professional development.
Prerequisite Knowledge or Skills:
Financial accounting (basics).
Content Quality
Rating:
Strengths:
The information contained in this module is clear and well presented. Visual examples enhance the audio presentation and blend to make the concepts presented highly understandable for different learning styles. The presentation provides an adequate amount of material. It also integrates and summarizes concepts well.
Concerns:
None
Potential Effectiveness as a Teaching Tool
Rating:
Strengths:
The concepts of debits and credits within an accounting system are well presented and explained. Connections to financial statements, computerized accounting systems, and general ledger accounts are well integrated through the use of progressive examples. Visual aids usage is excellent, as is the speech quality, which is clear and easy to understand. The presentation is efficient, yet thorough.
Concerns:
This module is dependent on the user’s understanding of previous content. It is the second video in a series, so some initial concepts such as double-entry accounting and basic identification of transactions are not covered, but are assumed to be known in the presentation. An agenda of concepts covered in the video is not present.
Ease of Use for Both Students and Faculty
Rating:
Strengths:
This module is very easy to use from any internet platform. The quality of the audio and visual components is very high and relevant examples are presented. The presentation is engaging and appropriately paced, creating a nice foundation for understanding debits and credits.
Concerns:
The module is relatively easy to use; however, the user must consent to receiving emails from bookboon.com and must register through the bookboon site prior to viewing the presentation. The presentation is not interactive.
Creative Commons:
Search by ISBN?
It looks like you have entered an ISBN number. Would you like to search using what you have
entered as an ISBN number?
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
