Professor In A Box - Frequently Asked Questions

1. Who is the course for?

Financial Accounting by Michael P. Licata, Ph.D. is a first accounting course for homeschool high school students. The objective is to introduce students to the study of accounting which is known as the language of business. College students, business owners and those working in the accounting field might also benefit from this course.

2. What are the pre-requisites to learning this course?

None. Any high school level student with basic math skills (algebra) can handle this course.

3. How long is the course?

Click here to download the lesson plan to view the time allocation for each chapter. The course is comprised 12 chapters which are covered in 28 lessons (including exams). Students can work through the course in the following formats:

A traditional college semester format (September through December or January through May) working two lessons per week for 14 weeks.
An entire academic year format (September through May) working one lesson per week for 28 weeks.
A summer school format (June through July) working three lesson per week for 9 weeks.

4. What's the method of instructions?

This course is taught in a non-traditional format. There is no textbook and no 40 page chapters to read. All necessary course content is included in the Flash lecture slides and a brief Key Concepts and Terms file for each chapter. The Flash lecture slides for each chapter include a description and discussion of all important concepts and demonstration problems which include step by step illustrations of how to work through the various types of accounting problems covered.

Students learn financial accounting in four simple steps:

1. Watch the lectures
2. Complete the homework problems
3. Check the solutions
4. Take the exams

Click here to view the sample chapter on recording transactions.

5. Why have free Excel templates been made available for every problem in this course?

Free downloadable Excel templates for every problem in this course are being offered as an added feature of the course so that students can learn accounting while honing and improving their skills in working with spreadsheet software such as Microsoft Excel.

6. Where can I find tutorials to learn Microsoft Excel?

Click here to view a list of Excel tutorials available online.

7. What if I don't have Microsoft Office installed on my computer?

Go to OpenOffice.org to download the free and open source productivity suite that's comparable to Micorosft Office.

If you have additional questions, please don't hesitate to contact us. Click here to send a message using the online contact form.