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? Free AI in accounting teaching materials
July 27, 2025 
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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
What product costs and period costs go into making Dunkin’ donuts?
August 15, 2022 0 Comments
The first Dunkin’ restaurant opened in 1948 in Quincy, Massachusetts, and is still in operation today. The recipe for Dunkin’ donuts has been a secret for 65 years. To see how Dunkin’ donuts are made, see the video at https://www.youtube.com/watch?v=EwTRmfWUxlw (0:43 min.). The Dunkin’ donuts at a restaurant are not usually made at that location. […]
Continue readingWhat steps are in the value chain for vegetables grown and sold by Dussel Farm?
August 10, 2022 0 Comments
Dussel Farm Feed Store is a family owned and operated farm and store that has been in the Dussel family since 1948. It grows and sells a wide variety of produce, including vegetables and fruits. In addition to the produce, Dussel operates a feed store. Each year, it plants a variety of vegetables, such as […]
Continue readingWhat types of costs are associated with a Stance™ sock vending machine located in an airport?
November 3, 2019 0 Comments
At Cleveland Hopkins International Airport in northeastern Ohio, a vending machine that dispenses socks was recently installed. Located in the C concourse, the Stance sock vending machine offers a variety of what Stance refers to as “uncommon” socks. The designs on the socks in the Cleveland airport vending machine include Cleveland Browns, Cleveland Indians, patriotic […]
Continue readingIntroductory managerial accounting Jeopardy game for end-of-semester review
April 6, 2017 4 Comments
A few days ago, I shared a Jeopardy-style PowerPoint file that can be used for an end-of-semester review in introductory financial accounting classes. In this post, I am sharing a Jeopardy-style game that covers basic topics within an introductory managerial accounting course. This PowerPoint file contains a Jeopardy-style game suitable for use in an introductory […]
Continue readingWhat does The Cheesecake Factory’s inventory include and where is it located on its financial statements?
January 17, 2017 0 Comments
The Cheesecake Factory Incorporated (NASDAQ: CAKE) operates over 200 restaurants and two bakeries in the United States. In its two bakeries, it bakes and prepares more than 70 desserts, both for its own use in its restaurants and for sale to a wide variety of wholesalers and retailers. The Cheesecake Factory’s inventories consist of restaurant […]
Continue readingWhat costs at Uber’s Manhattan office would be direct versus indirect for various cost objects?
December 8, 2016 0 Comments
Uber Technologies, Inc. (Uber) is a privately-held $66 billion ride-sharing company that has offices all over the world. Uber has over 8,000 employees, not counting the drivers who are categorized as independent contractors. One of Uber’s offices is in Manhattan in New York City. The office is in an old freight warehouse and former nightclub, […]
Continue readingWhat steps are in the value chain for pumpkins grown and sold by Beckwith Orchards?
September 8, 2016 0 Comments
Beckwith Orchards is a family owned and operated farm and store that has been in the Beckwith family since 1878. It grows and sells a wide variety of produce, including apples, peaches, pears, gourds, and pumpkins. Each year, it plants a variety of pumpkins. In addition to the common orange oval pumpkin used to carve […]
Continue readingAt Lululemon, how can sales be up while gross margin is down?
January 28, 2016 0 Comments
Founded in 1988, Lululemon Athletica Inc. (LULU) is an athletic apparel company headquartered in Canada. Lululemon has helped to popularize the ubiquitous yoga pants in the U.S. While it has experienced some sales declines due to a recall of yoga pants in 2013 for being too sheer, Lululemon has revamped its product line to update […]
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