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’

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.

Goodwill explained in three words

Goodwill represents those ‘unidentified flying assets’ that can't be individually identified. Goodwill is one of those slippery concepts that accounting students can find confusing.  Accounting for goodwill brings the student in front of a number of difficult questions and misconceptions in accounting, such as the nature of an asset and the different accounting treatment of… Continue reading Goodwill explained in three words

It’s time to kill D-E-A-D C-L-I-C

Maybe mnemonics have their place, but "D-E-A-D C-L-I-C" isn’t one to keep. Let’s kill it off. A friend of mine told me that when she was learning accounting she dared ask why debits increase both expenses and assets. It didn’t make sense to her because debiting expenses appeared to reduce value in the entity and… Continue reading It’s time to kill D-E-A-D C-L-I-C

Why concept mapping is important

A version of this article was first published on Linkedin on 30 July 2020. Concept maps are visual representations of information that show everything in a single view. They help students to create a clear mental model, which clarifies their thoughts and provides a shared language of understanding in a community of learners. Concept maps… Continue reading Why concept mapping is important