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New Resource: Form 10-K Exercises for Introductory Accounting Courses

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 […]

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Want to include AI in your accounting course? 24 step-by-step tutorials and more…

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 […]

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Announcing “Accounting Explained,” a new podcast for introductory accounting featuring Professors Jill Mitchell and Wendy Tietz

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 […]

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How does the Toro Company’s product mix impact its profitability?

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 […]

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How does the rising price of cocoa impact The Hershey Company’s variances?

In the spring of 2024, the cost of cocoa rose substantially. Within the span of 12 months, the price of tripled. This surge in price is largely the result of bean diseases that have destroyed crops on a vast scale in Ghana and Ivory Coast, which together supply more than half of the world’s supply […]

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New! Crossword and word search puzzles to review financial statement analysis

Below are links to a crossword puzzle to review financial statement analysis concepts in financial accounting – and links to a word search puzzle to review the same concepts. I figured many of us are heading into the financial statement analysis chapter right now, so I thought I would share these puzzles I created for […]

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How does shifting the sales mix at Ford Motor Company to more F-150 trucks affect Ford’s break even sales volume?

Ford Motor Company (FORD) sales jumped 31.5 % during June 2022 in the United States as compared to the prior month. Sales of Ford’s F-series trucks and the Explorer, Expedition, and Navigator SUV models drove the sales growth. According to a Bloomberg article (link) earlier this year, the F-150 Series product line is Ford’s most […]

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What impact do higher fuel costs and other changes have on American Airline’s break even point?

American Airlines Group (AAL), the world’s biggest airline, posted a loss in the first quarter of 2022, but expects to return to profitability as early as the second quarter of 2022. Despite the large profit, airlines have been experiencing a large increase in the cost of oil. The price of oil has risen during 2022; […]

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