Language

Accounting uses common language in specific and uncommon ways

Knowledge domains such as science and technology use specialised words and language to describe phenomena. Students learn to use this language in the context of its domain.

Accounting does not. It uses common language in specific and uncommon ways, which is a cause of confusion and difficult for students.

Accounting Cafe takes the issue of language seriously and never assumes prior understanding of words and terms. Many articles challenge the orthodox terms and definitions provided by regulators and text books.

A Yapanese fei stone

Accounting is not just bean counting

This is a brief introduction to the nature of money and its relationship with accounting. It’s not comprehensive, but it’s a fun way to introduce accounting to a new audience: ice-breakers, introductory sessions, or school talks. It makes learners think more carefully about money and differently about accounting. Accounting isn’t…Read more

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face of a confused woman pressing her hands into her cheeks.

Top 5 most confusing things about accounting

At Accounting Cafe we’re discussing how we can clear up the confusing things about accounting. Terms that we take for granted are confusing for students. Make their learning journey faster and easier using these simple tips. Here are our top 5 most confusing things about accounting: 1. The most valuable…Read more

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Accounting Cafe

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 it brings the student in front of a number of difficult questions and misconceptions in accounting, such as the nature of an asset and the…Read more

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Two towers of wooden blocks — one with blocks missing and the other solid and well built.

DEAD CLIC: it’s time to kill it off

Mnemonics may have their place but “DEAD CLIC” isn’t one to keep. Let’s kill it off. A friend told me that when she was learning accounting she dared to ask “Why do debits increase both expenses and assets?” This didn’t seem to make sense to her because a debiting effect…Read more

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