LearnDoubleEntry is a fantastic e-learning application that I have used for my Financial and Management Accounting (FMA) module since 2017. A lecturer at Nanyang Polytechnic in Singapore, I teach business subjects including accounting and marketing to students from the Diploma in Engineering with Business at the School of Engineering. With engineering students generally more hands-on, I’m constantly seeking new ways to engage them in active learning to achieve the best possible learning outcome. And this is where LearnDoubleEntry fits in perfectly! As part of our semester study plan, we launch LearnDoubleEntry on our third session, right after introducing double-entry accounting (and getting our student excited with Colin Dodds’ Debit Credit Theory MTV).
To contextualise the application for our students, I created a case scenario of an engineering firm, JC Engineering that made various business transactions over a 1-month period. Students are asked to fork JC Engineering firm in the application and create the corresponding journal entries based on the transactions provided.
One of the many useful features is the drop-down Chart of Account list that enables our students to select the correct account types. With many accounting terms still very foreign to them (it’s only their third class), it helps that the accounts are grouped in a hierarchy structure (e.g., Assets>Current Assets>Cash) for easy identification and association.