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What is Managerial Accounting and How Does it Differ from Financial Accounting?

Snyder

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. So what’s managerial accounting, and why is it crucial for small business owners?

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In a Battle Between ChatGPT and Accounting Students, the Students Won

CPA Practice

The questions covered accounting information systems (AIS), auditing, financial accounting, managerial accounting and tax, and varied in difficulty and type, such as true or false, multiple choice, and short answer.

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Accounting Professors Receive Honors from Illinois CPA Society

CPA Practice

Jurgens’ courses include financial accounting, managerial accounting, intermediate accounting, and auditing. She’s the curriculum faculty lead, the faculty lead for the development of online accounting classes, and the coordinator for the business department across all City Colleges.

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Academics Pitted Human Accounting Students Against GPT-3, Students Won

Going Concern

The study includes a total of 25,817 questions (25,181 gradable by ChatGPT) that appeared across 869 different class assessments, as well as 2,268 questions from textbook test banks covering topics such as accounting information systems (AIS), auditing, financial accounting, managerial accounting, and tax.

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New! Crossword and word search puzzles to review financial statement analysis

Wendy Tietz

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.

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

Wendy Tietz

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.

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New! Beginning Data Cleaning (ETL) & Analytics Project for Excel: KAT Concession Supply

Wendy Tietz

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.

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