Accounting (Finance + Entrepreneurship)

  This course is listed as Accounting, but actually, is Business Finance in the Fall and Entrepreneurship in the Spring. We will be using a Business Finance book I found online in openstax.com. It is a University level Finance book, but we will be picking a choosing the information from that text. For Entrepreneurship, we will be using a high school level Etrepreneurship book which I have and will post on Canvas.

 

  In Business Finance, students will not be taught elements from Personal Finance, such as budgeting skills, opportunity costs, personal capital, yet all of those concepts will be used to understand how the CFO and others make decisions how to utilize company funds to create wealth and ensure adequate cash-flow for operations. While each chapter of the Textbook does have extensive information on data input and spreadsheets, we will only slightly dabble in that, instead focusing on the informative side of how businesses evaluate where to stash their excess capital.

 

  There will be much hands-on application in this course. We will use the Stock Market Game, both as groups and individuals. I also encourage parents to set up a real-world investment account for their children. It would be an excellent place to gift birthday money, graduation cash, etc. We will be discussing some of these sites in class.

 

  Entrepreneurship is also going to have a strong hands-on element. While it is important to add mental knowledge to willingness, which we will do through the textbook and other means, if all you do is learn with your head, you will never be an entrepreneur. So, to that end, I want each student to set up a business, create a good or service, cultivate customers and generate revenue. Part of the "not fun" part of business, such as taxes, filings and reports, need to be understand go along with the more glamorous side of making a sale.