No. 3

Accounting Core information
As we mentioned in our previous Sage News message, your core Accounting professor, Robert Libby, has prepared some comprehensive work for you to complete to prepare for the course. What follows below comes directly from Professor Libby:
Completion of advance work (to be completed before arriving at Cornell) is required for students without a recent accounting background. The pace of the course will be very difficult for those students who have not done so. If you have never taken a Financial Accounting course, or your course was not taken recently, there are two options that former students have found useful:

1. Purchase a highly discounted version of the text we will be using in the class directly from the publisher. This includes a loose-leaf copy of the book with binder, as well as a registration card for the online services called Connect™. You can work on the assigned exercises using Connect™ which will provide feedback as you work each exercise. Follow these steps if you choose this option:

Then use the registration card included with the text and Register your copy of Connect

Then start your assignments. The exercises and problems are at the back of each chapter or may be completed on Connect™:
  • Read Chapter 1. Complete E1-3 and E1-11
  • Read Chapter 2. Complete E2-5 and E2-7
  • Read Chapter 3. Complete E3-7 and P3-2
  • Read Chapter 4. Complete E4-7 and E4-9
  • Read Chapter 5. Complete P5-2 and P5-6
Alternatively, you can work them with pencil and paper based on the hard-copy text.    
2. Purchase or rent Essentials of Accounting by Anthony and Breitner, 11th or 10th edition (Pearson) and complete at least the first 6 chapters. The online content is not necessary. This is not the text that will be used in class.
Any questions, let us know.
Professor Robert Libby
David A. Thomas Professor of Management
Professor of Accounting
Amanda Shaw '00 MBA '05
Executive Director, Student Services
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Samuel Curtis Johnson Graduate School of Management at Cornell University

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