Contrastive and Integrated Teaching Application of Effective Interest Method

DOI

10.2991/iccessh-17.2017.96How to use a DOI?

Keywords

effective interest method; amortized cost; contrastive; integrated; teaching

Abstract

At present, effective interest method is extensively used in confirmation of effective yield (or expense) during the holding of fixed or ascertainable assets (or liabilities) of future cash flows. It uses initial amortized cost to multiply by effective interest rate, in order to determine effective yield of current period, and then determine amortization amount of amortization items of current period. It's difficult for students to understand and accept the method. Taking accounting treatment of financial assets and corresponding financial liabilities as example to carry out contrastive and integrated teaching can make students digest and save class hour as well as greatly improve teaching effectiveness and efficiency. The research provides important reference for daily practical teaching of effective interest method.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yi Tang
AU  - Mengyuan Liu
PY  - 2017/06
DA  - 2017/06
TI  - Contrastive and Integrated Teaching Application of Effective Interest Method
BT  - Proceedings of the 2nd International Conference on Contemporary Education, Social Sciences and Humanities (ICCESSH 2017)
PB  - Atlantis Press
SP  - 404
EP  - 406
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccessh-17.2017.96
DO  - 10.2991/iccessh-17.2017.96
ID  - Tang2017/06
ER  -