Journal of Accounting Education最新文献

This study examines student performance in the principles of financial accounting course at a comprehensive, AACSB accredited, midwestern University to assess several issues raised and being directly addressed through a Diversity, Equity, Inclusion, and Belonging (DEIB) initiative. It is framed within a high-quality, archival dataset constructed by the University to support data analytic, evidence-based decisions, to inform student initiatives aimed at closing educational opportunity gaps. The examined course is the only business course supported by a supplemental instruction program that targets traditionally difficult University courses (failure rates exceeding 25%). Our empirical analysis is conducted within the context of pre- and post-COVID19 timeframes with this disruption deemed as a moderating factor. Final course grades, gender identification, academic major, race, and international student status were examined to investigate grade performance differences, if any, between the two timeframes, while concentrating on distinct DEIB population demographics. We find that students of color and female students underperformed in the core accounting course, which impedes their progress towards the chosen major. No evidence was found for an academic achievement difference based on the international student status. In addition, first-generation students’ performance does not differ from that of their peers, despite ongoing concerns of lack of confidence and resources this cohort possesses. Last, female students’ performance improved post- pandemic, while other minority groups did not experience any changes in course success rates.

Many believe that accounting education will soon be remade by the possibilities and probabilities of “Big Data” and other emerging technologies. Despite the complexities and challenges of the situation, accounting education must respond to changing demands of business and the accounting profession. This paper discusses the nature of the technological forces acting upon the academy and the economy to chart a course for accounting education. While this includes considerations for larger units of higher education such as the business school, most of the attention of this paper is on the reaction of accounting departments to redesign curricula, redeploy faculty and attend to attracting suitable students. The general message is that we must put our own house in order.

The delivery mode of accounting education has become increasingly important, especially following the COVID-19 pandemic. This study employs General Systems Theory to examine accounting students’ satisfaction with various delivery modalities, comparing pre- and post-pandemic course delivery, effectiveness, and instructional support. A survey of 164 undergraduate and graduate students during Spring 2021 suggests a preference for face-to-face learning among four-year accounting majors. Associate degree-seeking participants showed higher satisfaction with online asynchronous delivery, while graduate students favored online synchronous modality. Accounting majors indicated that their online accounting instructors perceived less concern for their success and provided less effective feedback than a face-to-face accounting class. Based on these findings, academic institutions should continue offering face-to-face courses for accounting majors and enhance online delivery through targeted online course instruction training initiatives.

Accountants are frequently called upon to use their financial and analytical skills to assist other professionals. In this case, you will take on the role of an accountant called upon to assist an attorney who is providing free legal advice to a client. The case, based on actual events, involves inappropriate amortization by a lender of a 15-year installment note. Additionally, the borrower missed multiple payments and made extra payments attempting to “catch-up.” After 22 years, the borrower is still making payments and wonders when payoff will be achieved. This case provides you the opportunity to review and correct an amortization schedule for an installment note, thereby gaining an understanding of the impact of compounding interest and missed payments on the life of the note. Additionally, the case provides the opportunity to communicate your findings in a memo to a professional who is not an accountant.

The Internal Control (IC) Project required undergraduate students in introductory accounting to write a structured paper about the internal controls and weaknesses at a job at which they worked. Students had to view their practical job experiences through the lens of the course material on internal controls. For many, that view of their work changed their perceptions about the business and heightened their appreciation of their own experience and knowledge. This Educational and Teaching Note contributes to the reflective learning literature by integrating students’ real-world work experiences into the learning activities of an introductory accounting class, a strategy particularly beneficial for educating freshmen and sophomores. Students completed three distinct assignments – a short paper, a questionnaire guiding their reflections about their work experiences, and a satisfaction survey – providing a comprehensive learning experience. The reflective prompts on the questionnaire guided students in making inferences about their jobs' internal controls. An eductive approach to teaching was used, meaning to “draw out,” which also evoked reflective “Aha” moments for some students. The authors implemented the IC project at four universities – three in the United States and one in the United Arab Emirates – using qualitative techniques to assess the achievement of learning objectives. The IC project proved effective across the spectrum of contexts, irrespective of students’ socioeconomic status, college-readiness, or cultural backgrounds.

This review of the accounting education literature includes 120 articles published during 2023 in five accounting education journals: (1) Journal of Accounting Education, (2) Accounting Education, (3) Advances in Accounting Education: Teaching and Curriculum Innovations, (4) Issues in Accounting Education, and (5) The Accounting Educators’ Journal. We update 18 prior accounting education literature reviews by organizing and summarizing contributions to the accounting education literature made during 2023. Articles are categorized into five sections corresponding to traditional knowledge bases: (1) curriculum and instruction, (2) instruction by content area, (3) educational technology, (4) students, and (5) faculty. We summarize and describe the research technique of the empirical articles. Suggestions for research are presented. Articles classified as cases and instructional resources published in the same five journals during 2023 are tabulated in appendices categorized by instructional content area.

After years of debate, the FASB recently formalized the authoritative financial reporting guidance for cryptocurrencies such as Bitcoin. This case requires you to determine the appropriate financial accounting treatment and assess the reporting implications for Bitcoin using FASB’s authoritative guidance. The modular nature of the case allows students to address these requirements for three different clients: a Bitcoin miner, a Bitcoin trader, and a retailer that accepts Bitcoin as payment. As students complete the case, they are required to think critically about how the new guidance affects each client. Several features of the case allow instructors to adjust the level of difficulty so that they can create case assignments that are appropriate for both undergraduate and graduate accounting classes. Students who completed the case report that they found it to be realistic, interesting, and challenging.

Many countries use the Goods and Services Tax (“GST”) system to broaden their tax base for tax revenue collection. Similar to Singapore, many countries also adopt a registration exemption threshold in order not to burden small businesses with GST tax compliance but to allow an option for such businesses that do not meet the threshold to voluntarily register for GST with the tax authority. This teaching case allows you to do both predictive and prescriptive analytics using available analytics tools in Microsoft Excel to help the business decide whether to voluntarily register for GST with the tax authority. It can be used in undergraduate or graduate accounting analytics, financial accounting, GST compliance, and managerial accounting classes.

The popular and academic press reports recent and future major decreases in accounting enrollment to the detriment to accounting faculty and the firms that hire our students. Based upon a major review of the literature and our own experiences, we discuss this matter in depth and suggest means to reverse these trends. For example, we suggest that the CPA profession stress that (1) while earning lower starting salaries, experienced accountants often earn significantly higher salaries than other business majors; and (2) accountants can more likely own equity in their employers’ businesses as compared to other, competitive business fields.

We also discuss how the (1) Generation gap’s (e.g., members of Generations X and Z) viewpoints compare to baby boomers; (2) major trends in the gig economy affect this shortage; (3) some affects of technology; and (4) need for personal growth affects this shortage—and how the profession can capitalize on these trends.

Our paper should help academe and the profession spur quality students to major in accounting and help improve the latter group attract and retain new accounting majors. After all, new, competent accounting majors form the basis for our future, if not our survival.

Due to the increasing requirements of external and internal stakeholders, sustainability topics are gaining strategic importance in corporate practice. Successful corporate sustainability transformation requires targeted information on a firm’s sustainability performance which should be provided by management accountants due to their specific expertise in gathering, analysing and presenting information. A prerequisite for the successful implementation of sustainability management accounting (SMA) is the adequate education of the next generation of management accountants. To this end, sustainability issues should also be included in management accounting textbooks, which are an important source for educators in determining the structure and the content of management accounting courses. Therefore, the purpose of this paper is to analyse the extent to which management accounting textbooks deal with SMA concepts and methods to support corporate sustainability management. 33 English-language management accounting textbooks are examined applying a quantitative and a qualitative content analysis. Overall, SMA issues are dealt with mainly in a basic way, if at all. Where sustainability issues are considered, the textbooks briefly address basic concepts and definitions, selected legal requirements and standards, the integration of sustainability KPIs in balanced scorecards and environmental costing, while issues of sustainability planning and control as well as internal sustainability reporting are mostly neglected. We offer alternative explanations for a lack of curricula reform towards sustainability and propose to integrate sustainability issues into management accounting textbooks to support educators and students in teaching and acquiring the necessary SMA competencies.