Here is another attempt at “flash fiction“, writing a 99-word blog post in response to a prompt. The prompt this week is “old-world charm“: In 1494, Luca Pacioli, a Franciscan friar, wrote one of the first published descriptions of double-entry bookkeeping. He described journals, ledgers, year-end closing entries, and proposed that a trial balance be used … Continue reading Carrot Ranch Flash Fiction: Old-World Charm
If You’re into Watching People Faint – Then You’ve Come to the Right Place
I just read a story about cam models, people who can make a fortune online catering to the unusual fetishes of their clients. One woman has filmed herself rubbing her feet with oil and glitter and she claims to have charged $20 a minute just to allow someone watch her sneeze. Videos of her eating … Continue reading If You’re into Watching People Faint – Then You’ve Come to the Right Place
When the Teacher Becomes the Student
Don't worry, this isn't any sort of New Age, zen-like post about teaching. It's literally about when a teacher (me) becomes a student (me, again). This semester I am teaching four sections of Introductory Financial Accounting, the bane of many students' existence. I tell them that the course is challenging; for many of them it may … Continue reading When the Teacher Becomes the Student
The Powerful Effect of Cat Videos When Teaching Accounting
I've been doing it all wrong. In my class when I teach a topic, I often try to show a video that relates to the topic. For instance, if I'm talking about logistics, I like to show this video of FedEx delivering a pie from Virginia to Hawaii during the Christmas holidays. (warning - don't … Continue reading The Powerful Effect of Cat Videos When Teaching Accounting
What’s Your “Big Bath”?
In business, there is a practice known as Big Bath accounting. The way the practice works is that when a company is having a bad year financially, it will opt to do everything it can to make it look as bad as possible. This may involve delaying revenue for the current year until the following … Continue reading What’s Your “Big Bath”?