Tag Archives: teaching accounting

What are the fiscal year ends of Walt Disney, Carnival Corporation, and Royal Caribbean Cruises, and others?

A calendar year runs from January 1 to December 31 each year.  Companies are allowed to select a fiscal year that is different from the calendar year, which means not all companies’ financial statements cover the calendar year of January 1 through December 31. Here is a list of a variety of companies and their […]

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Teaching Tip: How can a Stream Deck help with your synchronous (live online) class sessions?

One of my favorite pieces of hardware for teaching live online is the Stream Deck. The Elgato Stream Deck is a small control panel with 15 customizable physical buttons that be easily set to do a variety of tasks. The Stream Deck plugs into a USB port and will work with Windows or Mac operating […]

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What product costs and period costs go into making Dunkin’ donuts?

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. […]

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What steps are in the value chain for vegetables grown and sold by Dussel Farm?

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 […]

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What information can be calculated from Wendy’s 2021 trial balance?

The Wendy’s Company (NASDAQ: WEN) is a fast-food chain and is a publicly held corporation. Wendy’s fiscal reporting periods consist of 52 or 53 weeks ending on the Sunday closest to December 31. Wendy’s 2021 fiscal year ended January 2, 2022, and its 2020 fiscal year ended January 3, 2020. To follow is a condensed […]

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What professional accounting certifications might an accountant earn?

In the United Stated, accountants have a variety of certifications from which to choose to enhance their skill sets and further their career prospects. Some of these certifications are: Certified Public Accountant (CPA) Certified Management Accountant (CMA) Chartered Global Management Accountant (CGMA) Certified Internal Auditor (CIA) Certified Fraud Examiner (CFE) View a quick tutorial video […]

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What information is provided in Chipotle’s basic 2021 financial statements?

Chipotle Mexican Grill, Inc. (NYSE: CGM) is a publicly held corporation with more than $6 billion in assets. To follow are Chipotle’s four basic financial statements for its most recent year, the year ending December 31, 2021.  Please note that all statements have been adapted and condensed for educational use and should not be used […]

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A financial statement analysis mini-dashboard for a quick data analytics exercise

Looking for a quick data analytics exercise for financial statement analysis in an introductory accounting class? You can give your students the link for this financial statement analysis dashboard and then ask a series of questions. There is no software for students to install; the dashboard is hosted on Tableau Public and can be accessed […]

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How does Amazon’s stock buyback impact its earnings per share and balance sheet?

In March 2022, Amazon’s board of directors authorized it to buy back up to $10 billion of its stock. The stock buyback will take place over a multi-year period. Amazon may not buy back the full $10 billion of its stock; the board’s authorization is simply the maximum amount of stock that can be repurchased. […]

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A job cost mini-dashboard for a quick data analytics exercise

Looking for a quick data analytics exercise for introductory managerial accounting? You can give your students the link for this job cost analysis dashboard and then ask a series of questions. There is no software for students to install; the dashboard is hosted on Tableau Public and can be accessed by anyone with the link […]

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