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Week 3 Summary

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Submitted By csandoval0910
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ACC/300
Douglas Hartman

Week 3 Summary
The video presented during week 3 titled ‘Balancing the Books: Understanding Financial Reporting’ follows a new accountant trainee as he is quizzed on the basic of accounting through a mock game show style presentation. The key topics covered during the video were accounting and information, the balance sheet, calculating profit and loss, cash control, and assessing financial performance. There is a game show host, and the trainee Calvin appears as a contestant on the show, which has been designed to test his skills and knowledge. Through a series of progressive questions the goal of the game show is for the contestant Calvin to attempt to make a million dollars. As every question is asked there is a respective flashback that is played associated with the question being asked that is designed to provide insight on what is being quizzed. The flashbacks are great learning tools, and assist with the learning process in two ways. First they explain in detail so that viewers are able to understand and relate to the material, and secondly the video flashbacks provide real world context. This context is an important learning tool because it can assist with different learning styles that individuals may have. Reading about accounting and finances in the text is one thing, however seeing the information presented in real world scenarios assists in further making the material easier to grasp. Another aspect that was enjoyable about the video is that the video presents the question, provides a quick lesson if you will on the question, and it gives us as viewers enough time to the play along and answer the questions ourselves. As opposed to other styles of educational videos which mostly present the information in a lecture style format, or a similar type situation. At times the video can come off as tacky, however if you keep an open mind it presents the material is a great and useful manner. I also feel that it breaks the monotony of the accounting class which is for many students a new subject area and not something we are familiar with. Despite the length of the video I would highly recommend the video to anyone, and I look forward to seeing similar type videos.

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