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
Category: Conceptual Framework
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 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.
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
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’
Explaining “qualitative characteristics” from the IFRS Conceptual Framework for Financial Reporting
Helping students to understand, rather than just memorise, IFRS principles The IFRS Conceptual Framework underpins what international financial reporting standards say and why they identify a particular accounting treatment. Students must understand this if they are to understand wider IFRS principles. An important aspect of the Conceptual Framework is an attempt to define "high quality" information,… Continue reading Explaining “qualitative characteristics” from the IFRS Conceptual Framework for Financial Reporting