Before You Start Working on This Study Unit

Please review the Detailed Course Schedule for the list of the course assignments that are due this week. Please complete these course assignments by the due dates. Assignments submitted late will not be accepted unless you request an extension.

The deadlines to complete course assignments will be extended because of certain valid and well documented reasons, such as true medical, family and weather emergencies and unexpected job travel. If you need an extension, please send me a message through Canvas inbox before the deadline. Extensions requested after the deadline will not be provided.

What to Study This Week

This week, we will study the course material that relates to STUDY UNIT 3 Business Expenses of the textbook. We will learn about most common business expenses, including salary expenses, cost of goods sold, interest expense, rent expense, and taxes.

The main topic of this study unit is:

Business expenses.

Upon successful completion of this study unit, you will be able to:

Conduct the preliminary work required for preparing of federal business tax returns.
Identify business expenses, deductions, credits, gains and losses for business entities.

Assignments Due This Week

Quiz for Study Unit 3 must be completed in Gleim.
Examination for Study Units 1-3 must be completed in Gleim.
You may also start working on your Group Case Project. You must complete this assignment in groups and utilize the groups discussion forums Canvas to communicate with the members of your group. You may self-sign up; if you do not, I will randomly assign you to a group by the end of this week. The instructions on how to complete this assignment are posted in the modules.

How to Succeed in This Course

First, read this week's Study Unit in the textbook (or online).
Then, view the video lecture about this week's Study Unit in Gleim and at the same time review the lecture slides that are provided in the modules.
Then, listen to the audio lecture about this week's Study Unit in Gleim. Helpful hint: audio lectures can be downloaded from the website and saved to an USB drive. You may want to consider listening to the audio lectures in your car.
Reach out to Gleim Personal Counselor for study tips.
Practice test questions using Gleim review software.
Lastly, complete the course assignments.

What If I Need Help

Reach out to a Gleim personal counselor if you have any questions.
Post them into this week's discussion forum.
Reach out to your instructor.

Look Ahead

Please note that Examination for Study Units 1-5 will take place next week.