The nature of expenses

Expenses are a perfect illustration of how accounting uses common language in specific and uncommon ways.

Seminar: Accountants can change the world

Todd believes that accounting is not only broken but is contributing to the destruction of the planet. He is calling on accounting academics to help fix this. 

With your help Accounting Cafe can be active in your local school

This is a hugely rewarding activity that can be rolled out easily. Accounting Cafe in schools, anyone? I have been running an “accounting club” for a group of sixth formers at my local community school for a couple of years (lately interrupted by lockdown). It sounds unlikely, but students gave it a 96% approval rating… Continue reading With your help Accounting Cafe can be active in your local school

Concept maps in Accounting Education

Presentation by Toby York at the TACTYC Virtual Annual Conference 2021 on 15 May 2021 1. Background paper My presentation is based on a draft paper The benefits of concept mapping in accounting education [PDF] which is in three parts. Part one: identifies some common problems with current accounting education practices, drawn mostly from personal… Continue reading Concept maps in Accounting Education

Seminar: Deriving profit using a concept map

Toby York and Paul Jennings hosted a Zoom seminar on 20 May 2021 This was the third seminar in a series about using concept maps in accounting education. Session 1: Concept mapping in accounting education Session 2: The funding butterfly This approach emphasises the organisational structure of accounting knowledge, which makes it easier to teach… Continue reading Seminar: Deriving profit using a concept map

Concept mapping and playful learning through ‘Colour Accounting’

Presentation by Toby York at the Games and Simulations in Accounting and Finance Education ('GSAFE') conference hosted by Aston University on 20 April 2021 The benefits of concept mapping in accounting education My presentation is based on a draft paper The benefits of concept mapping in accounting education, which is in three parts. Part one:… Continue reading Concept mapping and playful learning through ‘Colour Accounting’

Supply chain finance

Supply chain finance is making the news for all the wrong reasons. Although it is a centuries old form of finance, it has played a part in the demise of Abengoa, NMC, Carillion and most recently, Greensill. Here is a simple slide that explains the basic concepts behind factoring and supply chain finance. Download a… Continue reading Supply chain finance

Seminar: The funding butterfly

Toby York and Paul Jennings hosted a Zoom seminar on 18 March 2021 Zoom cloud recording (34 minutes): Toby York demonstrates the "funding butterfly", part of the Colour Accounting method, which he uses to introduce students to the accounting equation. StartsContent00:00Introduction02:04The BaSIS FrameworkTM04:35Where to start06:10Point of view: the pineapple conversation10:40The funding butterfly25:35The accounting equation Zoom… Continue reading Seminar: The funding butterfly

It’s time to dump the set text

Using H5P to create Colour Accounting interactive content

There’s no such thing as a “prepayment”

The battle to remove "prepayments" from accounting vocabulary is probably not winnable, but we can help our students by being clear about how we describe them.