This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Snyder
MAY 27, 2022
When starting a business, all the paperwork and accounting may seem daunting. No matter how large or small your business is, managerial accounting will help you gain profit. This type of accounting aims mainly at forecasting and long-term business decisions and is used to ensure your company’s financial health.
Accounting Today
DECEMBER 1, 2023
The Institute of Management Accountants is rolling out a new Financial and Managerial Accounting Associate certification that requires no prerequisites like a college degree.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
SMBAccountant
DECEMBER 21, 2022
Bookkeeping and accounting are often used interchangeably when describing a process of recording financial transactions for a business, but they are not the same functions. Accountants also support management in the implementation and monitoring of internal controls. Tax accountants specialize in IRS law and completion of tax returns.
130 
Going Concern
OCTOBER 10, 2024
In a post published on October 7th by Montclair State University titled “ Top 5 Reasons to Transition to an Accounting Career ” that can be best described as a thinly veiled advertisement for their Master’s program, the university explains “why making the leap into accounting might be the best move you ever make.”
CPA Practice
APRIL 25, 2023
Academics from 187 universities wanted to know how an AI chatbot would do on accounting exams. He ended up getting a staggering 327 co-authors from 186 educational institutions in 14 countries participating in the research, contributing 25,181 classroom accounting exam questions.
Wendy Tietz
SEPTEMBER 29, 2022
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 […].
Going Concern
APRIL 24, 2023
As aspiring lawyers everywhere learned with horror that GPT-4 is capable of passing the bar exam (in the 90th percentile of test-takers, no less) a whole bunch of academics were not-so-quietly putting GPT-3 to the test on accounting. We also discuss implications for accounting education and research. TL;DR Not great, Bob.
116 
Wendy Tietz
NOVEMBER 8, 2024
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.” Additionally, the podcast is […]
52 
Ryan Lazanis
MAY 24, 2023
Here is my complete guide to emerging accounting technologies for 2023. In this guide, you’ll learn about the top accounting technology in the profession along with some tips and tricks on how to leverage them. So if you’re looking to leverage software to automate your accounting work, you’ll love this guide.
98 
xendoo
OCTOBER 20, 2021
Should you focus on growing your core business or continue to focus on the administrative side, like managing your accounting and bookkeeping needs? Outsource accounting services can help you stay up-to-date on your books, compliant with regulations, and firmly in control of your company’s financial future. Forensic accounting.
98 
CPA Practice
OCTOBER 17, 2023
Unlike contributions to traditional retirement accounts such as a 401(k) or IRA, the funds you pay into Social Security are not tax-exempt or tax-deductible on your annual tax return. B hairavi Parikh, CPA, is a fractional CFO and consulting controller for Analytix Solutions.
115 
Wendy Tietz
APRIL 13, 2022
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.
CPA Practice
MAY 25, 2023
The Illinois CPA Society (ICPAS) has presented its Outstanding Educator Award to two Illinois accounting faculty as part of its 2023 awards program. Accounting educators are instrumental in stewarding the next generation of leaders into the profession,” says Geoffrey Brown, CAE, president and CEO. Madeline K. Trimble, Ph.D.,
52 
CPA Practice
NOVEMBER 29, 2023
The Institute of Management Accountants (IMA) launched a new certification on Nov. 29 focused on foundational financial and managerial accounting knowledge. With its accessibility to all business professionals, regardless of educational background, the FMAA is the perfect entry point into the accounting and finance profession.
Withum
SEPTEMBER 5, 2024
This is one of the skills my students will learn this semester in my Baruch College Introduction to Managerial Accounting course. This introduction to the real world of accounting data sets a good framework for the course. While each company’s financial statement was different, the structures were similar.
PYMNTS
NOVEMBER 26, 2018
It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports. ” Below, PYMNTS breaks down some of the key data points from the research.
Withum
AUGUST 28, 2024
The Baruch course is Introduction to Managerial Accounting. This undergraduate course is required for all business majors who are not accounting majors. Accounting is not all spreadsheets and numbers. The FDU course is titled Auditing Concepts and Methods. This is a graduate-level course. Yeah, imaginations.
Snyder
MARCH 14, 2023
Now, it’s kind of difficult to predict where you’ll end up but there are certain jobs that’ll always be in demand, in particular accounting jobs. In the following article, you’ll find out why the accounting field is worth pursuing and which jobs are in demand with some of the highest salaries across the industries.
CPA Practice
DECEMBER 13, 2023
Offer Business Performance Insights Business owners that use external tax preparation services often do not have in-house managerial accounting expertise. Becoming a true advisor to your clients requires expertise in bookkeeping, accounting, controller leadership, financial analysis, and even c-suite leadership.
105 
CPA Practice
AUGUST 11, 2023
Most small businesses lack the capacity for a financial planning and analysis (FP&A) function, but that doesn’t mean they can’t build analytical and strategic value from their accounting resources. Often, an accountant or controller dedicates a portion of their time to budgeting and modeling – at best.
52 
CPA Practice
JUNE 10, 2024
This year’s honorees are Tracie Miller, PhD, CPA, chair of the accounting program at Franklin University in Columbus, Ohio, and Wendy M. This prestigious annual award honors full-time college educators who are distinguished for excellence in teaching and have achieved national prominence in the accounting profession.
72 
xendoo
AUGUST 2, 2021
How much is your business currently spending on accounting costs? Bureau of Labor Statistics, though in 2017, the Journal of Accountancy claimed that the average salary for a CPA was $119,000 per year, which translates into roughly $60 per hour. Additionally, what accountants charge is often based on their experience or specialization.
88 
xendoo
AUGUST 2, 2021
When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? . Forensic accounting. Managerial accounting. After all, it kept costs down.
93 
Wendy Tietz
AUGUST 4, 2022
In the United Stated, accountants have a variety of certifications from which to choose to enhance their skill sets and further their career prospects.
xendoo
AUGUST 2, 2023
When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? In addition, virtual accounting services can help you to manage your inventory.
52 
Wendy Tietz
OCTOBER 13, 2024
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.
Wendy Tietz
MARCH 25, 2022
Just posted this project on the other blog I co-author, Accounting Is Analytics. I am really excited about this project – it introduces accounting students to basic data cleaning and analytics concepts using Excel. Read on for how to request this first beginning level project that uses Excel for data cleaning and analytics.
52 
Wendy Tietz
APRIL 28, 2022
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.
Wendy Tietz
DECEMBER 3, 2022
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 […].
Wendy Tietz
SEPTEMBER 26, 2022
The Akron chapter of the Institute of Management Accountants (IMA) is sponsoring a webinar on white-collar crime – “Low Man on the Totem Pole – How I Became a White-Collar Criminal.” The webinar is on Wednesday, October 19, 2022, from 6:30 – 8 pm Eastern. Registration is at this link. I cannot emphasize enough what […].
Wendy Tietz
JULY 18, 2022
I have developed a case that is suitable for introductory accounting that uses just Google Sheets – and I provide step-by-step tutorial videos, making it […]. Do your students use Google Sheets? Want a ready-made project for your class that uses Google Sheets for data cleaning and visualization?
40 
Wendy Tietz
SEPTEMBER 6, 2024
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 […]
Wendy Tietz
NOVEMBER 1, 2022
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; […].
Wendy Tietz
OCTOBER 10, 2022
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 […].
Wendy Tietz
SEPTEMBER 28, 2022
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 […].
Wendy Tietz
SEPTEMBER 15, 2022
Smucker Company (Smuckers) issued a voluntary recall in 2022 for several Jif peanut butter products manufactured in its Lexington, Kentucky, manufacturing facility. Jif peanut butter products were potentially linked to a multistate outbreak of Salmonella. Salmonella is an organism that cause serious and sometimes fatal infections in people.
52 
Wendy Tietz
SEPTEMBER 6, 2022
sweetFrog is a frozen yogurt restaurant franchise with over 300 locations in the United States and several more international locations. Customers select the flavor of frozen yogurt they want and fill their cup from the self-serve machine with the desired amount of the frozen yogurt.
Wendy Tietz
AUGUST 15, 2022
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 [link] (0:43 min.). The Dunkin’ donuts at a restaurant are not usually made at that location. […].
Wendy Tietz
AUGUST 10, 2022
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 […].
Wendy Tietz
APRIL 7, 2022
The cost of avocados is rising. For example, the price of a 20-pound box of avocados from the state of Avocado prices from Michoacán state in Mexico has jumped to $38 from $21, which is an 81% increase. The current price of avocados is the highest price on record in data that goes back to […].
Wendy Tietz
NOVEMBER 11, 2022
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 […].
40 
Wendy Tietz
MARCH 28, 2022
Earlier today, I shared a new blog post (How does Amazon’s stock split impact its stockholders’ equity? In this blog post, I experimented with a new blog post format. I started with the story about Amazon’s stock split as I have done in the past. Next, however, I included a short explanatory video about […].
Withum
NOVEMBER 13, 2024
Presently, I am teaching a graduate course on Auditing Concepts for accounting students on Zoom for Fairleigh Dickinson University, and an undergraduate Introduction to Managerial Accounting in the classroom at Baruch College. I use this technique in all my accounting and many of my financial courses.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content