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 […]
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Ch 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 
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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 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 does the rising price of cocoa impact The Hershey Company’s variances?
September 6, 2024 0 Comments
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 […]
Continue readingNew! Crossword and word search puzzles to review financial statement analysis
December 3, 2022 0 Comments
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 […]
Continue readingHow does shifting the sales mix at Ford Motor Company to more F-150 trucks affect Ford’s break even sales volume?
November 11, 2022 0 Comments
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 […]
Continue readingWhat impact do higher fuel costs and other changes have on American Airline’s break even point?
November 1, 2022 0 Comments
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; […]
Continue readingDid Subway franchisees profit from the $10 for two footlong subs during the pandemic?
October 10, 2022 0 Comments
Subway, the fast-food restaurant franchise, came out with a promotion offering two footlong subs for $10 during the early days of the Covid-19 pandemic as a way to drive traffic to its restaurants. Franchise owners were not happy with the promotion, claiming they lost money on every sub sold. Assume that the costs related to […]
Continue readingCrossword puzzle to review job costing in managerial accounting
September 28, 2022 0 Comments
Below are links to a crossword puzzle to review job costing in managerial accounting. Both links are to the same puzzle, but one has a solution enabled and the other does not. Job costing crossword puzzle: Share this link with your students to have them work on the puzzle without access to the solution. Job […]
Continue readingWould job costing or process costing be used for gummy bears produced at the US Haribo manufacturing plant?
September 27, 2022 0 Comments
Haribo has manufactured gummy bears since 1920. Those bears are currently made in 16 plants around the world. Starting in late 2022 or early 2023, those gummy bears will also be made in the US when Haribo finishes construction on its new plant in Pleasant Prairie, Wisconsin. Worldwide, about 100 million gummy bears are made […]
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