With the continued growth in popularity of professional certification examinations has come increasing interest in the composition and equity of the questions on such tests. Multiple-choice (MC) questions are easier to grade than constructed response (CR) questions,...
Internationalization of the accounting curriculum has been a primary area of concern for educators and researchers for at least the last fifty years. They have suggested that accounting educators have failed to restructure the accounting curriculum to equip graduates...
Gordon and Porter (2009) provide a guide to reading and evaluating the academic accounting literature aimed at Master’s students and “future practitioners.” While the article has value as a guide to the historical publishing norms of a certain type of research, this...
Deloitte & Touche, LLP performed annual audits of National Century Financial Enterprises, Inc.’s (NCFE)1 financial statements from 1999 through 2001. Robert Harbrecht was the audit engagement partner and Brian Spires was the audit engagement manager. NCFE, a...
How to engage students with academic research presents an ongoing challenge for accounting professors. This article describes a course, along with recounting its historical development, which is being successfully used to meet this challenge. The “research project”...
The controller at Great Mountain Casino is faced with the task of designing a basic set of internal controls for two Casino Transaction Kiosks (CTKs) before they will be turned on, loaded, and activated. Fortunately, he has experience setting up the new internal...
Practicing accountants commonly apply judgment when computing financial statement numbers. However, intermediate accounting textbooks rarely discuss judgment, leaving accounting students with the erroneous impression that accounting computations each have “one right...
There is a shortage of accounting faculty and this shortage is predicted to worsen in the future. The number of new PhDs in accounting has declined from approximately 200 per year in the late 1980’s and early 1990’s to just over 100 per year in recent years....
Oral communication skills are important for success in the accounting profession. However, recent studies found that accounting majors have higher than average oral communication apprehension. Few studies have tested students’ perceptions of the oral communications...
Accounting programs around the world have been revising their curricula to include courses in “fraud/forensic” accounting. Yet, an initial review of these courses indicates there may be divergent approaches to their development. This article identifies the...
The ability to read and understand academic research can be an important tool for practitioners in an increasingly complex accounting and business environment. This guide was developed to introduce students to the world of academic research. It is not intended for PhD...
In this case, you assume the role of a tax auditor investigating a local family- owned business. Several aspects of this taxpayer’s case lead you to feel uneasy with the income taxes paid to the government. Drawing on your knowledge of analytical audit procedures and...
This case provides senior-level accounting majors and graduate students a perspective and an appreciation of topics in areas of corporate governance, The Sarbanes Oxley Act (SOX) and board of directors/audit committee protocol. Utilizing role playing, this case has a...
This paper describes a financial statement analysis project useful in both preparer- based and user-based introductory courses in financial accounting. The project requires students to analyze trends in corporate performance, to evaluate corporate financial decisions,...
An effective internal audit department adds value to its organization in numerous ways. It helps the organization to achieve its objectives, improves risk management, strengthens internal controls, and enhances overall corporate governance. This case describes the...
