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

The nature of income

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

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

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