Screwed up on a midterm....

[UncleWai]

My lazy ass professor asked me (ta) to come up with the midterm questions. I sent him a rough draft of the midterm in doc and an excel file with all the income statement/balance sheet/statement of cash flow all linked together. Some how I screwed up the document file and the balance sheet is not updated. Anyway the professor was pissed that I gave him the rough draft so late and told me from that point on he would take over.

Fast forward to the morning to the midterm date. One and a half hour from the midterm he gave me the midterm to print 160 copies. I didn't have time to go through it. But the first thing I said was asking him if he has checked the numbers. I thought everything is ok, until after the midterm when the students asked me how come the accounts do not balance. The change in cash flow from the SCF does not match the change in the cash balance from the cash account. This question is worth 1/3 the midterm.

I probably screwed the professor over on this. Luckily he did say he would take over the drafting of the midterm, so he couldn't blame me on it.
Sucks for the students though. Because during tutorials I kept mentioning the total change in cash flow should reflect the change in the cash balance between the two years.

 

[sao123]

What kind of professor lets a student write the test questions for a mid term?

 

[Aquaman]

Originally posted by: sao123

What kind of professor lets a student write the test questions for a mid term?

he's a TA

Cheers,
Aquaman

 

[TanisHalfElven]

haha. cheers for lazy ass professors and dumb ass TAs.

 

[EagleKeeper]

Realize that this will be held against you for two purposes.

One - giving the wrong info to the prof.

Second for not protecting the prof from his mistakes.

 

[RaistlinZ]

Sounds like he'll be looking for a new TA soon. Sorry buddy.

 

[deerslayer]

Oops.

 

[jman19]

One way or another UncleWai, you will be held responsible for this.

 

[UncleWai]

The excel file I gave him was correct. He said he wanted to change the figures around so I just gave him the excel template expecting he would change the numbers.
I admit I am a dumb ass for this class, financial statement analysis. I don't know anything about FSA and they assigned me to teach this. I graduated with a bs in Economics and am currently studying in economics in post-grad as well. I am learning the day before to teach these materials, it's getting ridiculous. Lucky I have showmanship so I am able to keep the tutorials entertaining, otherwise I am screwed.

Of course I know I am responsible, but the professor admitted he is at fault as well. So we are just working on a remedy to the problem. Don't really care about this job, the pay is horrible and I don't get to teach the subjects I like. What I feel bad about is screwing over some of the students. Luckily I just graded that question, and a lot of people were still able to come up with the statement of cash flow using the indirect method. It was doable, it's just the two thing don't balance at the end.

 

[Heisenberg]

Unless the guy's a complete ass he shouldn't take it out on you. He's ultimately responsible for the class, not you. He should've proofread the test better.

 

[Triforceofcourage]

As an accountant and a former accounting student I would be pissed. That professor should be repremanded for not doing his own work or at the very least checking yours.

 

[everman]

You'll take the fall, even if the prof may be at fault.

 

[Special K]

Originally posted by: sao123

What kind of professor lets a student write the test questions for a mid term?

I TA'd an intro level circuits class for awhile and the 3 TAs would write at least half of the questions on the exams.

 

[Cattlegod]

What university?

 

[Whisper]

I'm a TA as well, and were I in this situation with any of my current or former faculty supervisors, they would've ultimately shouldered the blame (although I'm sure if any of it had been my fault, I would've received the proper amount of reprimanding).

 

[Kelvrick]

Hahaha. balance sheet not balancing. Always gotta watch that, partners equity and cash flows tying to balance sheet, as well as the net cash provided by operating activities on the cash flows. Common!

EDIT: And I gotta love the newbs who come into work and think they're so awesome for being so exact and putting in decimals so that the rounding is thrown off and then things don't foot.

I love that first month when I get to bust balls.