"I decided to start tutoring after helping my son with his Principles of Financial Accounting course. I enjoyed explaining concepts to him in ways that are different than explanations typically found in textbooks. For example, borrowing money from the bank is like renting an apartment. When you rent an apartment for a year you pay rent in exchange for using the apartment. When the rental period is done, you return the apartment to the landlord. With a bank loan, you pay interest (rent) in exchange for using the money. When the loan period is done, you return the money to the bank. I so enjoyed every time my son had another “aha” moment that I decided to help others understand accounting too.

I am a recently retired Accounting professor. I taught Principles of Financial and Managerial Accounting throughout my 25 years of university teaching. I also regularly taught Cost/Managerial Accounting, Accounting Systems at the undergraduate and graduate level, Individual Taxation, Business Taxation, Information Systems (MIS), and Business Computing (Microsoft Office Suite).

I often taught accounting courses where most of the students were not accounting majors. The biggest impediment to my students’ success was that they did not understand how accounting applied to their majors or to their lives. I was able to use my broad educational and teaching background to make that connection and relate the course material to all of my students, both business and non-business majors.

INTRODUCTORY AND MBA FINANCIAL ACCOUNTING

In financial accounting, instead of just focusing on debits and credits, I ask students to reason their way through the following questions. What are the underlying events that make up a transaction? Why is it necessary for a business to record the information? What accounts are affected? How does the information affect the financial reports? How can companies use the information to make better decisions? If you can answer these questions, the related journal entries will make intuitive sense.

MANAGERIAL ACCOU" less...