New Interactive Tutorial by Kognito Solutions to Teach Baruch College/City University of New York Students about Financial Statements

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Kognito Solutions, a company specializing in e-learning, announced today the release of a free online interactive tutorial, Guide to Financial Statements, developed in cooperation with Baruch College/City University of New York to help students learn about income statements, balance sheets, and cash flow statements.

Kognito Solutions, a company specializing in e-learning, announced today the release of a free online interactive tutorial, Guide to Financial Statements, developed in cooperation with Baruch College/City University of New York to help students learn about income statements, balance sheets, and cash flow statements.

The tutorial is part of an ongoing program at Baruch College to create meaningful online learning experiences to supplement classroom instruction. This tutorial will become part of the course material for Baruch's Principles of Accounting class, which is required by all business majors and offered to more than 1,500 students every year. Students can use the tutorial to study for exams or to refresh their knowledge of financial statements. The tutorial is freely available for educational purposes at http://www.baruch.cuny.edu/tutorials or http://www.merlot.org.

"Online tutorials are a great way for students to review materials they learned in the classroom," said Assistant V.P for Information Technology at Baruch, Arthur Downing. "Plus, the convenience of the Internet means our students, who carry heavy academic and work responsibilities, can use online tutorials wherever and whenever they want."

Kognito, which is owned an operated by Baruch alumni, used the latest instructional design methodologies to make the 40-minute, Flash-based tutorial a highly interactive and engaging learning experience. Animated graphics are used to help students master complicated accounting procedures and visualize complex concepts. The tutorial also contains interactive activities to give students first-hand experience with financial statements, mini-quizzes to assess their understanding, and a printable study guide they can take with them for further review. In addition, students learn where to find financial statements, explore the topic of ethics in financial reporting, and see how companies use these statements to make real business decisions.

"In designing the tutorial, our instructional approach primarily focused on the concepts and problem-solving skills students expressed having difficulty with," said Lead Instructional Designer Jenelle Boucher. "We wanted to provide students an environment in which they could visualize the relationships between these financial concepts and their direct applicability in making real-world decisions."

Guide to Financial Statements is the fourth tutorial Kognito has created for Baruch College. This and other tutorials can be found online at http://www.baruch.cuny.edu/tutorials. Upcoming projects include a tutorial to teach Baruch faculty how to use multimedia in their courses without violating copyright law and a tutorial to teach lab safety to those enrolled in Baruch's introductory chemistry and biology courses.

About Kognito Solutions

Kognito was established by learning experts with prestigious academic credentials. Kognito's mission is to apply the latest research in learning theory to create new computerized environments where individuals can improve their skills and performance. These environments include online courses, simulations, and interactive case studies that focus on performance improvement and lasting behavioral change. Kognito's clients include Fortune Global 500 companies, not-for-profit organizations, and leading academic institutions.

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