Confusion Points in Principles of Financial Accounting and Clinical Approaches to Clearing Them

Abstract

‘Principles of financial accounting’ is generally the first accounting class that is required of all business majors, not to mention accounting majors. However, often found is that significant percentage of those who passed the class still don’t have clear knowledge of even the basics of the class. This has become a more serious issue for accounting majors, because some accounting majors graduated without having clear knowledge of the basics of accounting that they should have learned from this class and faced the consequences of it after graduation. From the teaching experiences of the author, this study found the most common confusion points in the class, which have caused the issue, and presented clinical approaches to the confusion points that have been proven significantly effective clearing them.