Welcome to John Lasik's Home Page!


ACCT 251: Financial Accounting. Summer 2016 online course:


251 syllabus.

251 course site.


The username and password to access the site was sent to registered students on 6/13. Be sure to check your CWU e-mail. If you registered after that date, contact Professor Lasik directly via e-mail.



Syllabi for other recent online accounting courses:


305 syllabus (Winter 2016)

405/505 syllabus (Spring 2016)



Description: Description: Description: John.jpg

John Lasik

Senior Lecturer

MBA CMA CPA (retired)


Send mail to John


Note 1: Canvas is not used in ACCT 251. Go directly to the 251 course site for links to all course materials.


Note 2: Lasik web pages are best viewed with the Mozilla Firefox browser.



For Students:

Career Information

Certification Programs

Advising Resources

Syllabi for John's courses


Other Links:

Excel Template Library

Financial Planning

CB home page

CWU home page

John's Bio



mariners logo


2016 Mariners

Could this be the year?





Professional Certification Programs


1.            Certified Public Accountant (CPA). Information about careers in certified public accounting and CPA standards and examinations may be obtained from: American Institute of Certified Public Accountants. Go to: http://www.aicpa.org. Information about the CPA exam and licensing requirements in the State of Washington may be found at http://www.cpaboard.wa.gov.


2.            Certified Management Accountant (CMA). Information on careers in management accounting and the CMA designation may be obtained from: Institute of Management Accountants. Go to http://www.imanet.org. Detailed content specification for the current 2-part exam.


3.            Certified Internal Auditor (CIA). Information on careers in internal auditing and the CIA designation may be obtained from The Institute of Internal Auditors. Internet: http://www.theiia.org.


4.            Certified Financial Planner (CFP). The CFP marks have become recognized as the global symbol for competent and ethical financial planning advice. Go to http://www.cfp-board.org.


5.            Chartered Financial Analyst (CFA). The CFA Program is a globally recognized standard for measuring the competence and integrity of financial analysts. Its curriculum develops and reinforces a fundamental knowledge of investment principles.


6.            Certified Government Financial Manager (CGFM). Information on careers in government accounting and on the CGFM designation may be obtained from: Association of Government Accountants. http://www.agacgfm.org.


7.            Certified Information Systems Auditor (CISA). This designation is related to careers in information systems auditing. The CISA designation may be obtained from: The Information Systems Audit and Control Association, http://www.isaca.org.


Return to Top



Career Information for Accounting & Finance Students


1.            Occupational Outlook Handbook. Best source for business-related career information. Provides career information describing what workers do on the job, working conditions, training and education needed, earnings, and expected job prospects in a wide range of occupations. Following are two relevant examples from the handbook:


A.                  Accountants and Auditors


B.            Financial Analysts


C.           Personal Financial Advisors


D.           Note: There are many other management and business & financial operations occupations detailed in the handbook. Business and Financial Occupations


2.            Specialized site regarding the lucrative field of investment banking. Break Into Investment Banking, the Easy Way.


Return to Top



Financial Planning Links


1.            MSN MoneyCentral. Excellent source for free information related to investing, banking, planning, and taxes.


2.            Yahoo Finance. Similar to MSN MoneyCentral. This is another excellent free source.


3.            Bankrate.com. Useful source for current rates on nearly all financial instrume


4.            Investing In Bonds.com. Recommended site for all aspects of bond investing.


5.            IRS Forms and Publications Online.


6.            Edmunds.com, an excellent resource for the new/used car buyer.


7.            FRED database. The Federal Reserve Bank of St. Louis provides consumers, students, economists, and financial institutions around the world with economic and financial information in an easy-to-use format.


8.            Lasik approach to investment analysis and equity portfolio construction. 


Return to Top



Student Resources


1.            CWU College of Business Home. A rich set of resources is available under the "Student Resources" tab.


2.            CWU Registrar Services and CWU Catalogs.


3.            CWU Library databases, including access to Standard & Poors and Value Line.


Return to Top



Excel Templates (for common finance-related calculations)


1.            Basic time value


FVSS, future value of a single sum, including intra-year compounding.

PVSS, present value of a single sum, including intra-year compounding / discounting.

FVA, future value of an annuity, including annuity due and ordinary annuity.

FVA, RCF unknown.

PVA, present value of an annuity, including annuity due and ordinary annuity.

PVA, RCF unknown.


2.            Yield, or rate of return, calculations


APY, annual percentage yield, given interest rate and frequency of compounding.

AER, annual effective rate, given a terminal value and initial value separated by "n" years.

Time, in years, for an investment to grow to a desired future value, given an assumed interest rate.


3.            Personal financial planning related


CWU student quarterly budget

Payment calculation on a standard amortized loan.

New car financing, including an amortization schedule

Qualifying model for a mortgage loan.

FRM vs ARM, fixed rate versus adjustable rate loan decision.

Retirement planning model: How much will I have? What are my withdrawal options?


4.            Bond related


Bond value (issuer's viewpoint)

Bond value (investor's viewpoint)

YTM, yield to maturity on a bond

Amortization schedule for bonds sold at a discount (GAAP basis)

Amortization schedule for bonds sold at a premium (GAAP basis)

Reinvestment risk analysis on a bond

Interest rate risk analysis on a bond

Duration calculation and application, an advanced bond portfolio management concept

T-Bill primary market bid worksheet


5.            Stock investor related


Stock constant growth dividends fair (intrinsic) value

Stock fair (intrinsic) value, a more comprehensive model involving earnings and dividends

Standard deviation calculation, an empirical measure of past stand-alone risk

Beta calculation, an empirical measure of systematic, or non-diversifiable risk


6.            Financial management related


Capital budgeting models, a calculator for NPV, IRR, and payback models.

Cost of debt model, including flotation costs, taxes, and discount amortization, for use in the

WACC model, weighted average cost of capital model, including new debt, preferred stock, available retained earnings, and new common stock.

Cost of short-term borrowing, a standardized approach.


Return to Top



Syllabi for John's Recent Courses (last 5 years)


1.            ACCT 251: Accounting I

2.            ACCT 252: Accounting II

3.            ACCT 305: Cost Accounting

4.            ACCT 350: Intermediate Accounting I

5.            ACCT 351: Intermediate Accounting II

6.            ACCT 405: Advanced Cost Accounting

7.            ACCT 430: Accounting for Governmental and Non-Profit Organizations


Return to Top