First Brands Group, a large Cleveland-area auto parts supplier that owned well-known aftermarket brands such as FRAM oil and air filters, TRICO and ANCO windshield wiper blades, Raybestos brake components, and Autolite spark plugs, filed for Chapter 11 bankruptcy in late 2025 after amassing billions in debt. While in early January 2026, it was seeking […]
Continue readingNew Resource: Form 10-K Exercises for Introductory Accounting Courses
August 2, 2025 
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I’m excited to share a new instructional resource that I’ve developed in collaboration with Dr. Melissa Larson from Brigham Young University: a collection of Form 10-K exercises for introductory accounting courses. These short assignments help students build comfort working with real company financials from SEC filings. We have created step-by-step tutorial videos for each exercise […]
Continue readingWant to include AI in your accounting course? Free AI in accounting teaching materials
July 27, 2025 6 Comments
If you’ve been thinking about incorporating generative AI into your accounting courses but aren’t sure where to start, I have a resource for you. AI in Accounting Education: A Practical Guide for Educators and Students is a free PDF book you can use immediately in your classes. It includes 28 chapters that span financial, managerial, […]
Continue readingCh 01 Financial statements, Ch 01 Introduction, Ch 02 Building Blocks, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 03 Job Costing, Ch 04 ABC, Ch 04 Internal control and cash, Ch 05 Process Costing, Ch 05 Receivables and revenues, Ch 06 Cost behavior, Ch 06 Inventory & COGS, Ch 07 CVP, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 08 Short-term Decisions, Ch 09 Budgeting, Ch 09 Long-term liabilities, Ch 10 Performance Evaluation, Ch 10 Stockholders' equity, Ch 11 Standard Costs and Variances, Ch 11 Statement of cash flows, Ch 12 Capital Budgeting, Ch 12 Financial statement analysis, Ch 13 Stmt of Cash Flows, Ch 14 Financial Statement Analysis, Ch 15 Sustainability, Data analytics, Financial accounting, Managerial accounting, Miscellaneous
Interested in integrating examples of ESG into your accounting course?
March 28, 2025 0 Comments
This week, I’m giving a presentation on ways to integrate ESG into introductory accounting at the AAA’s Sustainability in Accounting conference. I thought I’d share one of the resources I developed for that presentation here on my blog. Introductory financial or managerial accounting is a great place to help students see how accounting connects to […]
Continue readingCh 01 Introduction, Ch 04 Internal control and cash, Ch 05 Receivables and revenues, Ch 06 Cost behavior, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 08 Short-term Decisions, Ch 09 Budgeting, Ch 09 Long-term liabilities, Ch 10 Performance Evaluation, Ch 11 Standard Costs and Variances, Ch 11 Statement of cash flows, Ch 12 Capital Budgeting, Ch 12 Financial statement analysis, Ch 13 Stmt of Cash Flows, Ch 14 Financial Statement Analysis, Ch 15 Sustainability, Data analytics, Financial accounting, Managerial accounting
Want to include AI in your accounting course? 24 step-by-step tutorials and more…
March 23, 2025 0 Comments
AI is transforming how we work—and our students need to be ready to use AI in their future careers. As educators, we have a responsibility to help them understand how to use tools like ChatGPT responsibly and effectively. That means helping them see AI not as a shortcut or cheating aid, but as a tool […]
Continue reading[New Accounting Explained podcast episode] Topic: Features of a corporation
November 8, 2024 0 Comments
The first episode of Accounting Explained has now been released. In this episode, we discuss the features of a corporation, including the advantages and disadvantages. You can access this podcast episode at this link. Background: Professor Jill Mitchell and I have teamed up to create a series of podcasts for introductory financial accounting. Our podcast […]
Continue readingAnnouncing “Accounting Explained,” a new podcast for introductory accounting featuring Professors Jill Mitchell and Wendy Tietz
November 8, 2024 0 Comments
Greetings! I am excited to announce that Professor Jill Mitchell and I have teamed up to create a series of podcasts for introductory financial accounting. Our podcast is called “Accounting Explained.” Accounting Explained podcast episodes will generally be short (eight to ten minutes) and are designed for students in introductory accounting. Additionally, the podcast is […]
Continue reading[New Podcast Episode] Unlocking the Basics: A Dive into Accounting for Long-Term Bonds Payable
October 23, 2024 2 Comments
I am excited to share that I am experimenting with creating podcasts for my blog. I did a podcast to try it out and the topic is “The basics of accounting for long-term bonds payable” and it is aimed at students in introductory financial accounting. This podcast is 11:46 minutes in length and you can […]
Continue readingHow does the Toro Company’s product mix impact its profitability?
October 13, 2024 0 Comments
The Toro Company (NYSE: TTC) recently released its third quarter financial results for fiscal year 2024. (Toro has a fiscal year end of October 31.) Toro’s financial results were affected by its product mix across Residential and Professional segments. The Residential segment includes products such as lawn mowers, snow blowers, and smaller gardening equipment that […]
Continue readingHow could Ford’s expansion of its Avon Lake plant to manufacture electric commercial vans impact its balance sheet, cash flows, and profitability?
September 18, 2024 0 Comments
Ford Motor Company (NYSE: F) is moving ahead with a $1.5 billion expansion of its Ohio Assembly Plant in Avon Lake to start producing a new electric commercial van by 2026. This investment is part of Ford’s strategy to shift towards more electric and hybrid vehicles that are cost-efficient and offer better value to customers. […]
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