AIR Winter 2014

Ethical Attitudes Differ Among Generations: Implications for Accounting Educators

An independent research study has disclosed significant differences in attitudes among the generational groups. The ethical attitudes of Millennials, the most represented cohort in the ranks of college students, were surprising. These findings have implications for accounting educators who are more likely to be included in older generations, such as the boomers or Generation X. Read More…


Will I Pass the CPA Exam? The Relationship Between Individuals’ Characteristics and Experiences, and Passing the CPA Exam

Newly-employed graduates in public accounting careers report that passing the CPA exam is essential to their overall career success (Fischer & Daugherty 2007), but in spite of this heightened importance, most CPA exam candidates fail to successfully complete all four exam sections in a single year. For 2012, the AICPA reported cumulative pass rates of approximately 47% for the Auditing section of the exam, 53% for the Business & Economic section, 48% for the Financial Accounting & Reporting (FAR) section, and 48% for the Regulation section (which includes tax and business law).

Understanding the characteristics and experiences that may influence an individual’s likelihood of timely, successful completion of the CPA exam may be helpful to students in beginning accounting classes who have yet to declare a major, and to accounting majors as they determine their areas of concentration (tax or audit) and the direction of their careers. Read More…


Entrepreneurs Need Accounting Too: The Case for Including Financial and Managerial Accounting in an Entrepreneurship Curriculum

It used to be a standing joke among many business students: “Why should I learn accounting; I can always hire someone to handle that for me!” Currently, higher education, inside and outside the realms of business schools, is in the throes of a love affair with entrepreneurship, and we are again hearing that old saw from the students. However, if it was a faulty argument years ago for marketing and finance students, it is doubly-wrong for entrepreneurship students. Entrepreneurs need accounting knowledge and understanding more than any other non-accounting major. Read More…


Learning Activities: Building Blocks for Constructing a Successful Course

In previous Trends pieces, Dr. Belverd E. Needles, Jr. addressed the “Changing Environment in First-Year Accounting” (Spring 2013) and “Managing Change Through Continuous Improvement.” (Fall, 2013). His colleague Sus Crosson described the implications of “The Evolution of Accounting Concepts.” (Summer 2014). In this issue of AIR, he begins a two-part series on how to make first-year accounting a more dynamic learning environment. Here, he delineates the set of learning activities from which the instructor may use in a first-year accounting course and suggests the criteria that may be used to select among these learning activities to successfully construct a successful course. Read More…


Accounting Instructors’ Report, Winter 2014: Table of Contents

The following articles are featured in the Winter 2014 issue of the Accounting Instructors’ Report:   TRENDS
Learning Activities: Building Blocks for Constructing A Successful Course
Belverd E. Needles, Jr., Ph.D., CPA   ARTICLES
Ethical Attitudes Differ Among Generations: Implications for Accounting Educators
Curtis C.Verschoor Ph.D., CPA, CIA, CMA, CFE, DePaul University
Jon Mertz MBA, Corepoint Health   Ethical Sensitivity Exercise In First Year Accounting Courses
Roger L. Stichter DBA, CPA, Grace College   Innovative Verbal Communication Workshop: First Year Of Employment
Constance A. McKnight, University of Central Arkansas
Stephanie F. Watson, University of Central Arkansas   Entrepreneurs Need Accounting Read More…


Ethical Sensitivity Exercise in First-Year Accounting Courses

Future accountants need to realize the value of high ethical standards. The first process of Rest’s (1986) model of moral behavior is the recognition that an ethical situation exists or being morally sensitive. By assigning short cases in the first-year accounting courses at Grace College, this author encourages students to recognize ethical issues, collaborate with another student on the issue, and submit well-written responses to these issues four times during the first year of undergraduate accounting study. Read More…


Innovative Verbal Communication Workshop: First Year of Employment

Communication is a central competency that all accounting professionals should possess. According the AICPA, “individuals entering the accounting profession should have the skills necessary to give and exchange information within a meaningful context and with appropriate delivery.”1 This workshop is a unique approach to exposing students to verbal communication challenges in their first year of employment while giving them feedback on their own verbal communication skills. The workshop involves four role-playing scenarios and can be implemented in senior-level accounting classes, graduate-level classes, or accounting club meetings. Read More…