This week, you have continued to study the accounting practices for governmental

Question

This week, you have continued to study the accounting practices for governmental not-for-profit institutions. Now, you will apply this knowledge to the accounting practices for colleges and universities. Complete the following: Visit the Websites for three educational institutions. A public university A private university A private liberal arts college To the extent possible, explore their sources of revenue. Some institutions post an annual report on their website while others only recognize their donors. Which GASB standards apply to revenue accounting for these institutions? Do you see any specific problems? (You may wish to visit the GASB Website.) Which FASB standards apply to revenue accounting for these institutions? Do you see any specific problems? (You may wish to visit the FASB Website.) Prepare a document that answers the following questions. The name of the institution and the URL of the institution’s Website The institution's sources of revenue Accounting principles that apply to this institution's sources of revenue Include information from GASB and FASB as appropriate. This part of your project should be 1/2-1 page in length.

Explanation / Answer

Name of the institution=

Manor New Technology High School, a public high school that since opening in 2007 is a 100 percent project-based instruction school. Students average 60 projects a year across subjects. It is reported that 98 percent of seniors graduate, 100 percent of the graduates are accepted to college, and fifty-six percent of them have been the first in their family to attend college. [12]

The European Union has also providing funding for project-based learning projects within the Lifelong Learning Programmed 2007–2013. For example, Popular - Music and language learning, Moving toys in the classroom andARTinED - A new approach to education using the arts.

According to Terry Hick on his blog, Teach Thought, there are three types of project-based learning. The first is Challenge-Based Learning/Problem-Based Learning, the second is Place-Based Education, and the third is Activity-Based learning. Challenge-Based Learning is “an engaging multidisciplinary approach to teaching and learning that encourages students to leverage the technology they use in their daily lives to solve real-world problems through efforts in their homes, schools and communities.” Place-based Education “immerses students in local heritage, cultures, landscapes, opportunities and experiences; uses these as a foundation for the study of language arts, mathematics, social studies, science and other subjects across the curriculum, and emphasizes learning through participation in service projects for the local school and/or community.” Activity-Based Learning takes a kind of constructivist approach, the idea being students constructing their own meaning through hands-on activities, often with manipulative and opportunities to. As a private school provider Nobel Education Network combines PBL with the International Baccalaureate as a central pillar of their strategy.

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