Teachers of Principles of Accounts often encounter a significant hurdle: students struggling to grasp the essence of source documents and worded problems. This difficulty is particularly concerning because the ability to interpret and analyse such information forms the very bedrock of understanding business transactions and, consequently, the principles of accounting. …
Read More »What accounting teachers assume students already know (but often don’t)
Educators of basic accounting often find themselves meticulously dissecting debits and credits, the accounting equation, and the nuances of financial statements. They craft explanations, devise examples, and patiently guide students through the initial complexities of the subject. Yet, sometimes, despite their best efforts, a subset of students continues to struggle …
Read More »Master the Accounting Cycle steps: Your guide to tracking business finances like a pro
Running a business or learning accounting and feeling overwhelmed by all the “numbers talk”? Don’t worry — we’ve got your back! Whether you’re a total beginner or halfway through your accounting course but still confused, this guide will break down the Accounting Cycle in a way that finally makes sense. …
Read More »Youth mental health in the digital age: How social media impacts teens
In today’s digital age, smartphones have become extensions of ourselves, and social media platforms are the bustling town squares where young people gather. While these platforms offer connection, community, and a wealth of information, a darker side is emerging: a significant impact on the mental well-being of our youth. The …
Read More »What are wants and how to prioritise in tough times
The greatest downfall for many individuals and businesses is confusing “wants” with “needs”. This often leads to spending beyond their means, resulting in a life of debt. Many people and businesses appear to be doing well, even claiming to be “millionaires”, but in reality, they are deeply indebted. Understanding the …
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