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What’s the ‘gateway drug’ for finance?

Accounting Cafe online seminar on 28 October 2021 at 1pm (BST) Michael Gilmore believes that we need one. “The most generous estimates reckon 2/3 of the planet can’t answer some basic questions on finance, but plenty of that 1/3 have guessed their way to those answers with a bit of basic numeracy—the survey is multiple… Continue reading What’s the ‘gateway drug’ for finance?

What kind of professional are you? Informed, competent or complete?

Accounting Cafe online seminar on 23 September 2021 Hilary Lindsay contends that complete professionals are those who continue to learn in response to their environments. This requires more than professional knowledge and skills. It requires career adaptability. Whether you are at the beginning, middle, or coming to the end of your career, this session inspired… Continue reading What kind of professional are you? Informed, competent or complete?

Top 5 most confusing things about accounting

At Accounting Cafe we’re discussing how we help our students ❤️ accounting. Accounting terms that we take for granted are confusing for students. Thinking about this in your teaching can make their learning journey that much faster and easier. Here are my top 5 most confusing things about accounting: ⁉️ An entity’s most valuable assets… Continue reading Top 5 most confusing things about accounting

Teaching liabilities

Paul Jennings gives some useful tips and sequences for teaching liabilities. The elements of financial statements are the building blocks of financial statements.  If your students understand what the elements are then they will understand the basis for reporting events in financial statements. Those elements – assets, liabilities, equity, income and expenses – are key… Continue reading Teaching liabilities

The nature of income

Dictionaries, from an accounting perspective, invariably provide an incorrect and conflated definition of income.… Continue reading The nature of income