Effective Ways to Help Students Understand Accounting

resources for accounting teachers and professors
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It’s important to teach certain subjects, such as accounting, in a way that students both comprehend and retain the information. Here are some helpful tips on how to teach accounting:

  • If you mention accounting classes to students, you may see their eyes glaze over. Incorporating fun and unusual teaching methods makes the class interesting and also increases the likelihood students will actually remember the basics
  • Allow the students to separate into groups and play Monopoly. At the end of the game, have each team prepare an Income Statement and Balance Sheet. Understanding the objective at the beginning of the game can help them connect the causes and effects.
  • Incorporate numerous step-by-step examples. Over 85 percent of accounting students surveyed all agreed that this is one of the most effective ways of learning a detail oriented subject.
  • When understanding how to teach accounting, it is vitally important to remember to explain why something is being done. Students need to be told the reasons behind certain procedures for the entire process to make sense.
  • These days, many students have no concept of how a checking account operates. An accounting class is a wonderful way to teach students the tips and tricks of on-line banking, account balancing, and writing a check.

When learning how to teach accounting, Labyrinth Learning offers an excellent variety of both textbooks and online teaching tools to help both you and your students succeed. Please contact us today for assistance.

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