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Prakash JadhavAsst.Professor in Accounting and Tax Subject
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My teaching style for accounting is designed to make the subject approachable, practical, and engaging, especially since it can seem technical or challenging at first. Here’s an overview of how I approach teaching accounting:
1. Conceptual Foundation Building Blocks: I start by explaining the foundational concepts—like the accounting equation (Assets = Liabilities + Equity), the double-entry system, and basic financial statements (Income Statement, Balance Sheet, Cash Flow). Analogies & Simplifications: I use real-life analogies to explain complex concepts. For instance, comparing a balance sheet to a personal financial overview (what you own vs. what you owe) can make the concept easier to grasp. 2. Real-World Examples Practical Application: I emphasize real-world scenarios where accounting principles apply, whether it’s a small business budgeting or a multinational corporation preparing financial reports. Case studies and real business financial statements are useful here. Business Context: Accounting is essential for decision-making. 3. Step-by-Step Problem Solving Interactive Exercises: Accounting is best learned through practice. I guide students through problems step by step, ensuring they understand each stage—whether they’re calculating depreciation, analyzing financial ratios, or preparing journal entries.
Subjects
Accounting and Financial Management Grade 11-Masters/Postgraduate