Suchergebnisse

The objective of this paper is to demonstrate existing educational and research opportunities in the area of Classroom Assessment. Classroom Assessment is an ongoing process whereby professors and their students work together to collect accurate and timely information about what students are learning in a particular subject. The raison d'e^tre of Classroom Assessment is to discover what potentially can and should be done to improve student learning, thereby developing the talents of both professors and students. This paper provides an extensive review of the literature and a discussion of the process of Classroom Assessment, tailored to the needs of accounting professors. Thus, this paper provides the tools by which accounting professors can take advantage of both the educational and research opportunities.
The theoretical basis and motivation for Classroom Assessment, together with the shared excitement of those who use it, provide strong reason to believe that Classroom Assessment has the potential to improve accounting education. Recent and continuing efforts to improve accounting education give accounting professors both the motivation and comparative advantage they need to make significant contributions to an emerging area of research in Classroom Assessment. This paper calls for greater care when following the process of Classroom Assessment and when designing experiments to increase our understanding of it.

The business press is showering criticism on business academics, citing failure to teach relevant skills to students and a perceived increasing irrelevance of research streams. This criticism is echoed by some academics who assert the need for serious consideration of the academy's direction. In this essay, we examine and extend this body of criticism and explore its implications for accounting research and education. We discuss how our discipline has freely borrowed methodology from the physical sciences and how this importation has led to the adoption of excessively simplified economic theories. We also consider the self-fulfilling attribute of social science theories and how this attribute has led to formulations of behavioral models, instantiation of those models in the business environment, and eventual conformity of manager behavior related to the underlying assumptions of these models. We then examine agency theory in light of this dynamic and explore how the discipline-wide espousal of this theory may have led our accounting education system to unwittingly introduce and then normalize narrowly self-interested behavior. Finally, we suggest ways to improve accounting education that embrace multiple perspectives for preparing students to act truly in the public interest.

Corporate governance issues have grown more salient in light of alleged corporate accounting scandals and the subsequent enactment of the landmark Sarbanes-Oxley Act (U.S. House of Representatives 2002). However, even in cases where no fraud has occurred and management is completely aboveboard, the role of various players in the corporate governance framework in maintaining a high-quality financial reporting process cannot be overlooked. This case presents facts surrounding the valuation of inventory at Dynamic Data, a high-tech firm. You will be asked to consider, from an auditor's perspective, whether inventory should be carried at cost in light of changing market conditions. Further, you will be asked to consider the role, if any, that the Audit Committee and Board of Directors might play in the financial reporting process. Special consideration will also be given to examining the implications of the Sarbanes-Oxley Act in the audit process.

The impact of accounting information on ethical behavior has been extensively documented. Additionally, agency theory is a widely accepted behavioral perspective. Despite this, there is an absence of instructional material in the accounting education literature that ties ethical issues to an agency-theory context. The primary objective of this case is to highlight control system ethical issues using an agency-theory context. Students explore their own reactions to a prohibited but unmonitored cost allocation action. Thus, this case is positioned to fill this void in any accounting course that covers agency theory or management control systems.

ABSTRACT: The Roman Holiday Pizza Paradise case provides a setting that requires students to understand and perform procedures related to the audit of a fair value estimate in connection with the impairment of an unusual intangible asset, reacquired franchise rights, in the pizza restaurant industry. The case focuses on one key aspect—auditing fair market values—a concept that is increasing in importance as financial accounting standards evolve toward a fair value basis and one that requires the development of auditor judgment. Planning activities as well as performance of year-end auditing procedures are included in this self-contained module that incorporates client interaction and obtained external evidence.