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04-23-2008, 06:48 PM
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Financial Accounting
Ok this is killing me. I'm going through the IC flash cards and the REA book and this stuff is so hard to retain. It's another language. Please tell me it isn't as difficult as it seams. Management and Marketing were like a walk in the park compared to this.
    
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04-23-2008, 08:50 PM
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This one is tougher than Management or Marketing, I just finished taking Financial Accounting last Friday. Other than Statistics, it is the hardest one that I have taken. I took the DSST version because there is a DSST study guide for that subject. It is a tough exam, IC is all that I used to pass though, but it did take a while for everything to sink in. The test was not as hard as I feared it would be. The most important concept to get down is about accounts and the dual aspect of accounting where if one account is debited than another is credited...good luck...if you have any specific questions feel free to IM me.
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Excelsior BS - General Business Enrolled at Jacksonville State University - MBA - complete in 2010 121 credits...ALL DONE BABY!!! 54 credits transfered in from prior college 54 credits by examination 6 credits from community college 3 credits from CSU-Pueblo (Operations Management) 4 credits for Information Literacy and Business Strategy from Excelsior CLEP: Principles of Macroeconomics (64) Principles of Microeconomics (61) Principles of Marketing (66) Principles of Management (72) Info Systems and Comp Applications (57) Introductory Business Law (65) Social Sciences & History (61) DSST: Principles of Supervision (58) Principles of Statistics (67) Introduction to Computing (60) Principles of Financial Accounting (56) Principles of Finance (55) Money and Banking (52) Ethics in America (66) Management Information Systems (58) ECE: Ethics: Theory and Practice (B) Organizational Behavior (C) GMAT: 600
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04-23-2008, 09:20 PM
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Thanks...I'm taking the CLEP just because I'm used to them so I figured it would be safer. I also have the REA CLEP book so I should be good. After this I have to do DSST Finance and Statistics so I'm sure it will only get harder.
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04-24-2008, 12:45 PM
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jeffs34,
I don't know if this will help, but when I was studying for Principles of Financial Accounting I found this website Principles of Accounting. It also has managerial accounting stuff, but I just ignored that. Good Luck! Hopefully, you will do better than I did.
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BSBA Marketing Thomas Edison State College-63/120 College Math-66, College Algebra-64, Analyzing & Interpreting Literature-67, U.S. History I-66, U.S. History II-61, Information Systems & Computer Applications-59, Biology-61, DSST Introduction to Business-61, Introductory Sociology-65, Introductory Psychology-52, Principles of Microeconomics-54, Principles of Macroeconomics-47, Principles of Marketing-68, Financial Accounting-47, Introductory Business Law-62, Principles of Management-70, DSST Principles of Supervision-64, DSST Organizational Behavior-68, English Literature-61
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04-24-2008, 02:11 PM
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websites listed in specific exam feedback
There are also two websites listed in the specific exam feedback that were helpfule as well.
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Judy - AS - Computer Science - Andover college BS - Mgmt Information Systems -June 08 MS - Info Systems Mgmt - Start Aug 08 - UMBC
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