Again, as we start the fall semester, I wanted to point out the availability of a tool that may be of use in teaching introductory financial accounting. The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from […]
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Create Customized Financial Accounting Case Assignments with the Accounting Case Template
August 20, 2018 
3 Comments
Ch 01 Financial statements, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 04 Internal control and cash, Ch 05 Receivables and revenues, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 09 Long-term liabilities, Ch 10 Stockholders' equity, Ch 11 Statement of cash flows, Ch 12 Financial statement analysis, Financial accounting
A recap of the Excel data analytics project blog posts
August 19, 2018 0 Comments
Hello! I have posted a few data analytics projects here on my blog and thought it might be useful as the semester starts to post the links in one post. Here goes: Project 1: Transaction analysis for Introductory financial accounting using the City of Somerville, MA, online checkbook data set (link) Project 2: Budgeting and […]
Continue readingHow will the reservation, purchase agreement, and the delivery of a Model 3 impact Tesla’s financial statements?
February 6, 2018 0 Comments
Since 2016, Tesla has been accepting reservations for its Model 3 car, which is a mid-size all-electric four-door sedan. The long-range battery Model 3 (310 miles on a single charge) starts at $50,000 while the standard range battery Model 3 (220 miles) starts at $35,000. Production cannot keep up with demand for this model. Tesla […]
Continue readingCreate Customized Financial Accounting Case Assignments with the Accounting Case Template
January 10, 2018 1 Comment
The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from which the instructor can choose, allowing the instructor to quickly build a case assignment customized for his/her specific course. It takes about two minutes to […]
Continue reading10-K, Ch 01 Financial statements, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 04 Internal control and cash, Ch 05 Receivables and revenues, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 09 Long-term liabilities, Ch 10 Stockholders' equity, Ch 11 Statement of cash flows, Ch 12 Financial statement analysis, Financial accounting
Does Tesla sell its cars FOB destination or FOB shipping point?
October 12, 2017 0 Comments
The following quote is from a recent Tesla news release (“Tesla Q3 2017 Vehicle Deliveries and Production,” October 2, 2017): “In addition to Q3 deliveries, about 4,820 Model S and X vehicles were in transit to customers at the end of the quarter. These will be counted as deliveries in Q4 2017.” (Note: “Q3” refers […]
Continue readingHow does John Deere account for the loans it makes to farmers for the purchase of tractors and crop supplies?
September 26, 2017 0 Comments
Deere & Company (NYSE: DE), otherwise known as John Deere, builds tractors and other farm equipment. For the past several years, it has been difficult for farmers to get bank loans for planting crops and for purchasing large, expensive farm equipment. Deere has stepped in to fill the gap in agricultural financing – Deere makes […]
Continue readingNEW! Create Customized Financial Accounting Case Assignments with the Accounting Case Template
August 11, 2017 4 Comments
The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from which the instructor can choose, allowing the instructor to quickly build a case assignment customized for his/her specific course. It takes about two minutes to […]
Continue readingCh 01 Financial statements, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 04 Internal control and cash, Ch 05 Receivables and revenues, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 09 Long-term liabilities, Ch 10 Stockholders' equity, Ch 12 Financial statement analysis, Financial accounting
Introductory financial accounting Jeopardy game for end-of-semester review
April 4, 2017 2 Comments
At the end of the semester, I thought it might be useful to have a review game before the final exam. I have created a Jeopardy-style game that covers basic topics within an introductory financial accounting course. This PowerPoint file contains a Jeopardy-style game suitable for use in an introductory financial accounting class. There are […]
Continue readingCh 01 Financial statements, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 05 Receivables and revenues, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 09 Long-term liabilities, Ch 10 Stockholders' equity, Ch 11 Statement of cash flows, Ch 12 Financial statement analysis, Financial accounting
What does Huntington’s Form 10-K disclose about its loans and leases (aka “receivables”) and the related allowance accounts?
October 13, 2016 0 Comments
Huntington Bancshares Incorporated (NASDAQ:HBAN) recently acquired the Ohio-based FirstMerit Corp., further increasing Huntington’s market share across eight states in the Midwest: Ohio, Pennsylvania, West Virginia, Kentucky, Indiana, Michigan, Wisconsin, and Illinois. It is now the 33rd largest bank holding company in the United States, according to the Federal Deposit Insurance Corporation (FDIC) as of the […]
Continue readingWhat does Best Buy’s Form 10-K disclose about its receivables?
October 4, 2016 0 Comments
Best Buy Co., Inc. (BBY), the consumer electronics company, has a fiscal year ending on the Saturday nearest the end of each January. Since Best Buy is publicly-held, it files a Form 10-K with the Securities and Exchange Commission each year. To follow are Best Buy’s condensed and adapted balance sheets for the most recent […]
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