I created this image to help students easily understand the difference between tracing and vouching in a financial statement audit. Many thanks to my colleague Dawn Kink for her positive feedback about this image. Feel free to use this image if you think it will be helpful to your students. I would appreciate attribution as […]
Tag: accounting
Which time value of money table to use?
When first learning about time value of money, it can be confusing to know which table to use in accounting problems. I use the tables in my instruction so that my students won’t be surprised by them if they encounter them on the CPA exam. However, I believe that for FAR and BEC, Excel is […]