CPE Session 11: Saturday, August 4, 1:00 PM – 4:30 PM

Experiential Learning in the Management Accounting Classroom: The Power of Community

(Communications)

Description/Objectives:
This CPE session illustrates experiential learning as a collaborative event. In light of the enormous cost for the institution to build, the instructor to manage, and the student to attend the college classroom, the challenge must be to "justify the investment." The core question is why should the institution, the professor, and the student make the investment if the classroom experience being provided is essentially a lecture with a PowerPoint that could easily be delivered via the Internet? The classroom should be used to deliver a learning event that can only happen in a classroom. The value of the classroom investment is the opportunity for students and instructors to come together as a learning community. Process costing is used to demonstrate an experiential learning event that focuses on conceptual understanding in contrast to a passive "read and regurgitate" approach that unnecessarily complicates core concepts in management accounting.

Presenters:
Sandra Richtermeyer, Xavier University
Monte Swain, Brigham Young University

Note: CPE fields of study are in parentheses