AIR

Does Homework Really Affect Accounting Grades?

It is very common for college accounting teachers to assign homework. (Homework is defined as assignments that the student is required to do outside of class to prepare for the class. This can include problems, cases, or essay work.) The plan is that the students will read the material and complete the homework before coming to class. It is believed that the students who regularly follow this pattern will be more prepared for class and will earn higher grades than those who do not. This study is an attempt to determine if this performance premise holds true in an Intermediate I accounting class. This class is usually the first accounting class students are required to take after they decide to be accounting majors. These students had previously taken two beginning accounting courses that are required of all business majors. Read More…


Accounting Instructors’ Report, Fall 2008: Table of Contents

TRENDS
Using Actual Software in Your Accounting Courses
Susan V. Crosson, Guest Author, Santa Fe College
Belverd E. Needles, Jr., Ph.D., CPA, DePaul University ARTICLES The Five-Minute Ethics Exercise: A Simple and Effective Approach to Incorporating Ethical Discussions into an Accounting Course
Susanne O’Callaghan, PhD, CPA, Pace University
Raymond J Elson, DBA, CPA, Valdosta State University
John P. Walker, PhD, CPA, Queens College – CUNY
Arundhati Rao, PhD, Elizabethtown College Is it Time to Add a Fraud Examination to Your Accounting Curriculum?
Neal R. VanZante, The University of Texas Pan American Course Coordination:  A Read More…


The First Course in Accounting-Computerized Practice Set Evaluation

There is a growing pressure from the change commission, AACSB (American Assembly of Collegiate Schools of Business), etc. to have some type of computer application in principles. The reasons are that (1) this may be the only exposure some students have to a computer, particularly true to those leaving school after their sophomore year and (2) for accounting majors to be, this will be one of the general courses where they will, hopefully, be using the computer.

This paper presents the results of a review of computerized practice sets at an AACSB -accredited university. The author hopes that the insights gathered in this review will help others in computerizing the first course in accounting.

Read More…


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…


Learning the Accounting for Accounts Receivable and Bad Debts: An Interactive Approach

Students are often confused by the impact and timing of recording transactions and events that affect the net realizable value of accounts receivable and bad debts. This instructional resource uses a comprehensive problem to illustrate an interactive approach of teaching and learning concepts related to accounting for accounts receivable and bad debts in a principles of financial accounting course. Read More…


Critical Thinking Skills and the AICPA Core Competency Framework

In most schools, accounting principles courses are for accounting majors as well as all other business majors. As educators, we want to make sure the accounting majors graduate with the skills they will need in the profession. However, we also want to provide non-accounting majors with the basic accounting knowledge they will need in their future careers. Additionally, we should aspire to improve the critical thinking skills of all students, regardless of major. The AICPA Core Competency Framework (CCF) provides a comprehensive list of the competencies the profession demands of entry-level accountants (AICPA, 2005). The Steps for Better Thinking (SBT) Model (Lynch & Wolcott, 2001) provides a way to assess the critical thinking skills of students in college. These two constructs actually relate to one another, which means that we can provide skill improvement opportunities for all students in accounting principles courses, regardless of their majors. Read More…


Accounting Instructors’ Report, Fall 2013: Table of Contents

The following articles are featured in the Fall 2013 issue of the Accounting Instructors’ Report:   TRENDS
Managing Change Through Continuous Improvement
Belverd Needles, DePaul University   ARTICLES
Critical Thinking Skills and the AICPA Core Competency Framework
Gail Kaciuba, St. Mary’s University Teaching Lean Accounting With A Manufacturing Simulation
Gerald K. DeBusk, University of North Carolina Wilmington
Clay L. Moerland Jr., American Bicycle Group
Lawrence P. Grasso, Central Connecticut State University The Personal Budget: A Value Added Tool for the Managerial Accounting Class
Raymond J. Elson, Valdosta State University   TEACHING CASE
Learning the Accounting for Accounts Receivable and Read More…


Teaching Lean Accounting With A Manufacturing Simulation

Lean Accounting evolved in order to promote goals consistent with the Lean philosophy. It has been accepted by companies for its ability to create accurate, useful, real-time financial data, useable by both managers and line employees. Correspondingly, Lean Accounting is more frequently included as a topic in university management accounting courses. We use a modified version of Peter J. Billington’s airplane manufacturing simulation, “A Classroom Exercise to Illustrate Lean Manufacturing Pull Concepts”, to introduce students to Lean Accounting (Billington, 2004). This teaching note is intended to help the reader run a Lean simulation, develop Lean Accounting Profit & Loss statements, and compare Lean Accounting profits to absorption costing profit. It also analyzes the behaviors encouraged by each method. Read More…


Managing Change Through Continuous Improvement

In a previous Trends article, Belverd Needles identified the changing nature of our students, the educational needs of these students, and the challenges of addressing these needs. Now that the primary factors influencing change and some of the major issues involving them have been identified, how do we go about implementing change? An evolutionary approach that affects the course content, tools, and learning environment offers several advantages. Read More…


The Personal Budget: A Value-Added Tool for the Managerial Accounting Class

Students often need activities to help them process and understand accounting concepts. This is especially true for managerial accounting, a course offered to accounting and nonaccounting (including non-business) majors. One such activity is the personal budget. It’s a simple value-added activity that is used to demonstrate key course concepts such as cost behavior, profit planning, and variance analysis in the managerial accounting course. This paper describes the personal budget exercise and provides accounting instructors with a template for use in their own course. Read More…