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Top 5 most confusing things about accounting

At Accounting Cafe we’re discussing how we can clear up the confusing things about accounting. Terms that we take for granted are confusing for students. Make their learning journey faster and easier using these simple tips. Here are our top 5 most confusing things about accounting: 1. The most valuable…Read more

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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…Read more

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The nature of assets

The elements of financial statements are the building blocks of financial statements. If your students understand what the elements are then they have a good basis for understanding how events are reported in financial statements. Those elements – assets, liabilities, equity, income and expenses – are key to understanding financial…Read more

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