Concept Maps (Cmaps)

Cmaps are a graphical tool used to organize your knowledge. It serves two purposes, 1) to ensure that you understand the material enough to create a map of the concepts, and 2) to allow me to ascertain your understanding of the concepts. By creating and posting your concept maps I (and/or my T.A.) will review your map and provide you with feedback regarding any misconceptions you might have. Please review the following slides to get a better understanding of Concept Maps and then review the videos to understand how the concept map tool we will be using works. Also, please make sure to check out the maps produced by students from the past semester. These student cmaps will be posted throughout the semester and serve two purposes: 1) to show you how to create Cmaps, and 2) to provide you with a resource for studying - use the posted student cmaps and your own to study the concepts and the relationships between them before exams. You can access Student Cmaps from this page and also directly from the links on the left side navigation panel. Concept map assignments descriptions are found on the syllabus and are reproduced below:

Assignment #
Chapter
Topic
Due Date
Map1
1
What is Accounting? [accounting equation, assets, liabilities, equity, dividends, revenue, expenses, financial statements, balance sheet, income statement, cash flow statement]
01/20/2011
Map2
2
How does the accounting system work? [transactions, debit, credit, journal entries, T-accounts/general ledger, trial balance, financial statements]
01/27/2011
Map3
3
What is the accrual method of accounting? [deferrals, accruals]
02/03/2011
Map4
4
How can bank statements be used to control cash? [internal control, bank reconciliation]
02/15/2011
Map5
5
How do you account for uncollected accounts receivable? [methods, allowance method, % of sales, aging of AR, direct-write off method, bad debt expense, estimate]
02/22/2015
Map6
6
How do you account for Inventory? [sale price vs. inventory price, perpetual vs. periodic system, LIFO, FIFO, Average and Specific cost methods]
03/01/2011
Map7
7
How do you account for long-lived assets? [categories: land, PP&E, natural resources, intangibles, costs, lump-sum purchase, depreciation, straight-line, units-of-production, double-declining balance, taxes]
03/15/2011
Map8
8
How do you account for bonds? [types of bonds, stated-interest rate, market-interest rate, par-value, discount, premium, issuing, accruing interest, paying off, effective interest method, straight-line method]
03/22/2011
Map9
9
How do you account for equity transactions? [paid-in capital, retained earnings, common stock, preferred stock, treasury stock, dividends: cash, stock, splits]
03/31/2011
Map10
11
What are the elements of the Income Statement? [types of statements (see chapter2), continuing operations, special items, earnings per share]
04/12/2011
Map11
12
What are the elements of the Statement of Cash Flows? [operating, investing, financing]
04/14/2011




Download the Cmap Program:


Download Cmap and make sure to choose your operating system.
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Cmap download screen

Uploading completed Cmaps to Webcourses:

After completing your Cmap you will need to upload it in the WebCT HW area. Your Cmap files will all have the extension .cmap and are located in your My Cmaps folder which is in your My Documents, folder. Watch this for a demonstration of where your Cmaps will be located on a windows machine



, and this if you're using a mac:



Download graded Cmaps from Webcourses:

And watch this to see how to download a .cmap with comments from me or my TA's sent back to you after grading your assignment (please note most graded cmaps will NOT have comments sent back, this only occurs if your map has mis-conceptions).

Re-submit a Cmap with changes before Due Date:

And finally watch this to see how to re-submit a cmap assignment if you need to:



Using the Cmap Software:


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