SOLID FOOTING
Building an Accounting Foundation

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• HOME
• ABOUT SOLID FOOTING
  • Topics Covered
  • Accounting Cycle Project
  • Courses Using Solid Footing
  • Suggested Course Schedule
  • About the Author
• INSTRUCTOR MATERIALS
• EVALUATION COPY REQUEST
• CONTACT PUBLISHER
  • Software Support

Suggested Schedule for Using Solid Footing at the Beginning of an Introductory Financial Accounting Course

The easy-to-read and easy-to-understand Solid Footing material greatly reduces the required lecture time on the topics being covered. This schedule utilizes a large number of quizzes in order to give feed back to the students on their mastery of the material. These quizzes are in the Instructor Support Material.^*

Solid Footing Chapters 1 to 10

Week 1

Introduce Solid Footing to the Students and Discuss:

• Software installation
• The interactive learning process
• Necessity of running the software while reading the Solid Footing book
• Understanding not memorizing
• Necessity of being able to work the homework problems without extensive look-back into the book or software

Chapter 1 – Stuff and Claims-to-Stuff

• Read pages 3 to 14
• Complete homework problems 1-1 and 1-2
• Optional homework problem 1-3 (Found in the Solid Footing software.)

Chapter 2 – Recording Asset, Liability, and Owners' Equity Transactions
Preparing the Balance Sheet

• Read pages 17 to 22
• Complete homework problems 2-1 and 2-2
• Optional homework problem 2-3 (Found in the Solid Footing software.)

Quiz – Covering Chapters 1 and 2 ^*

Week 2

Chapter 3 – Recording Transactions Affecting Retained Earnings

• Read pages 25 to 32
• Complete homework problems 3-1 and 3-2
• Optional homework problem 3-3 (Found in the Solid Footing software.)

Chapter 4 – Recording Transactions in Revenue and Expense Accounts
Preparing the Income Statement

• Read pages 35 to 43
• Complete homework problems 4-1 and 4-2
• Optional homework problem 4-3 (Found in the Solid Footing software.)

Quiz – Covering Chapters 3 and 4 ^*

Chapter 5 – Closing Revenue and Expense Accounts
Preparing a Post-Closing Trial Balance

• Read pages 47 to 50
• Complete homework problems 5-1 and 5-2
• Optional homework problem 5-3 (Found in the Solid Footing software.)

Chapter 6 – The Accounting Cycle

• Read pages 53 to 64
• Assign the Mini-Project for OverPriced Jeans, Inc. March Accounting Period

Quiz – Covering Chapters 5 and 6 ^*

Week 3

Chapter 7 – Introduction to Adjusting Entries
PP & E - Prepaid Assets - Accrued Liabilities

• Read pages 67 to 82
• Complete homework problems 7-1 to 7-8
• Optional homework problems 7-9 to 7-11 (Found in the Solid Footing software.)

Quiz – Covering Chapter 7 ^*

Chapter 8 – Adjusting Entries Continued
Unearned Revenue Liabilities - Accrued Assets

• Read pages 95 to 106
• Complete homework problems 8-1 to 8-4
• Optional homework problems 8-5 and 8-6 (Found in the Solid Footing software.)

Quiz – Covering Chapter 8 ^*

Week 4

Accounting Cycle Project (ACP) Detailed directions for: Assigning, Receiving, and Grading the project
are provided in the Instructor support material.

• Discuss and assign the project
• Provide to the students instructions for submitting their project files
• Set the due date for project file submission (A possible due date would be A.M. the morning of the Solid Footing exam. This is a good due date because the project is a good review for the exam.)

Chapter 9 – Categories of Accounts that Require Adjusting Entries

• Read pages 113 to 117
• Optional homework problem 9-1

Chapter 10 – Dividends
A Review of the Nine Steps in the Accounting Cycle

• Read pages 119 to 125
• Complete homework problem 10-1
• Optional homework problem 10-2 (A self-evaluation quiz is located in the student's software.)

Optional Quiz – Covering Chapter 10 ^*

Solid Footing Examination – Covering Chapter 10 ^*

Solid Footing Chapters 11 and 12 – Statement of Cash Flows

The Statement of Cash Flows is a more complex topic than the topics covered in the first 10 chapters of Solid Footing. After completing the first 10 chapters, the student does have all of the required knowledge and tools to be able to successfully complete Chapters 11 and 12. Chapters 11 and 12 do use the same step-by-step knowledge building process utilized in the first 10 chapters. This knowledge building process is supported by the software in the workbook 4 – Connie's Consulting.

Regardless of when these two chapters are covered, the following is the suggested readings and homework:

Chapter 11 – Introduction to the Statement of Cash Flows

• Read pages 131 to 154
• Complete homework problem 11-1 to 11-4

Chapter 12 – Statement of Cash Flows, Continued

• Read pages 161 to 186
• Complete homework problem 12-1 to 12-4

There are many possible timings of when to cover Chapters 11 and 12. The following are three possibilities:
Cover Chapters 11 and 12 immediately after the Solid Footing Examination Cover Chapter 11 immediately after the Solid Footing Examination then cover Chapter 12 at the end of your course Cover Chapters 11 and 12 near the end of your Course.