ACCOUNTING The Future Looks Bright Presented by: Jill Richardson Accounting Instructor Caddo Mills ISD Texas A & M Commerce Na#onal Projec#ons 22% growth in the Accounting Industry through 2018 Percentile 10% 25% 50% 75% 90% Hourly Wage $18.12 $22.47 $29.01 $38.21 $50.22 Annual Wage $37,690 $46,740 $60,340 $79,470 $104,450 Source: Bureau of Labor and Statistics. Occupational Employment and Wages, May 2009 Benefits for Students Possible College Credit ~ ATC Cert. Required Advanced Measure on Graduation Plan Weighted on GPA with local district approval UIL Competition Sample Cluster Sequence Finance Cluster Principles of Business, Management, and Finance Accounting I Accounting II Advanced Accounting (taught under Problems and Solutions) Great Resources: Glencoe Accounting Forms: http://glencoe.mcgraw‐hill.com/sites/0078688299/ student_view0/accounting_forms.html AICPA’s website: http://www.startheregoplaces.com/ Lesson plans AICPA Contests: 2011‐Advertisement Contest: My students won a laptop, iPod, and $3000.00 for our classroom. 2012‐Website Idea Contest: My students won $1000.00 in scholarships and $1000.00 for our classroom. Summer Program Discover Yourself in Accounting Majors and Careers Program (DYNAMC) sponsored by the McCombs School of Business at The University of Texas in Austin. Change your homework philosophy: It’s a check for understanding not just another grade. “Can you do this without me?” Grading Tips for Homework Bell ringer activity…have solutions on overhead, Elmo, Smart Board, etc. Highlighters only, no pencils or pens Gives swift feedback BEFORE they make same mistake on the next problem Make list of those who “left it at home” 95 ‐85‐ 75‐ 65 If they fail to do an assignment I say… “I sure wish I knew what you didn’t understand so we could fix it today!” Effec#ve Recrui#ng Tools Class Video Projects Newsletters & Brochures UIL Activities Counselors Orientation Presentations Tips for UIL Accoun#ng Compe##on Important Websites www.uil.utexas.edu/academics/ www.funderburkcpa.com/uil Archived Exams Concept List *Design an Income Statement Template and FIND Missing Numbers *Bank Side/You Side Income Statement Puzzle Sales ‐ Sales R & Allow. ‐ Sales Disc. COMS: Net Sales Beg. Inv + Purch+Trans In.‐Purch R&A‐Purch Disc.=Net Purch Available for Sale ‐ less ‐ Ending Inventory Cost of Merchandise Sold COMS Gross Profit ‐ Expenses Net Income/(Loss) *Buys you time for harder questions *Partial Months/Years *15th of the month rule They LOVE Recogni0on Banner Website/Newspaper T‐Shirts Wall of Honor My UIL Wall Of Honor Out of 31 UIL contestants, 31 have college degrees or currently enrolled in college Accounting Professor PHD/CPA 2 Started at KPMG same day both CPA’s 4 Raytheon Engineers KPMG Auditor CPA 2 New Accounting Graduates 2010 Acct. Majors 1‐TX A&M Commerce 1‐ North Texas Going to OSU majoring in Accounting Respect my right to teach and each student’s right to learn. Pick a theme for the year Chances are they won’t remember the subject maQer • Have you licked your finger yet? • JBK – Just Be Kind (use when discussing bullying) • STP – Solve the Problem (rug challenge) • Check all the Keys • Forget the Par#cipa#on Ribbon, Go for the Blue! • Respect is the Key They will tell you when they use these themes outside your classroom as well. Comments * Questions * Answers