Articles

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. 

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

Accounting Cafe online seminar on 23 September 2021 Hilary Lindsay, former ICAEW President 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… 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 are rarely… Continue reading Top 5 most confusing things about accounting

Teaching liabilities

Paul Jennings gives some useful tips and sequences for teaching liabilities. Image by cocoparisienne from Pixabay 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… Continue reading Teaching liabilities

The nature of income

Dictionaries, from an accounting perspective, invariably provide an incorrect and conflated definition of income.

The nature of assets

Photo by Krisztina Papp on UnsplashA retailer has recognisable rights to its retail units even though it does not own the shopping centre. 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… Continue reading The nature of assets

Making accounting education fun

Do you think accounting can be fun? Is there a way to make it less boring and more engaging? Do you believe that learning accounting is easy and something everyone can do?

The nature of expenses

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

Depreciation

Paul Jennings gives some tips on how to explain the nature of depreciation to students.

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