CPE Session 24: Sunday, August 3, 8:00 AM – 12:00 PM
Improving Critical Thinking through
a Management Accounting Simulation
(Accounting - Basic)
Description/Objectives:
The presenters will demonstrate a management accounting simulation used to provide a degree of realism in applying managerial accounting concepts. This simulation provides students with critical thinking and small group communication opportunities. This program was presented successfully in 2006 and 2007 and will be updated to describe experience using the internet for instructor/student interaction.
Objectives:
- Show how to apply a simulation in the cost/managerial accounting course.
- Provide participants with the opportunity to "play" the game.
- Describe how to select teams.
- Describe the grading system.
- Provide the software and workbook used for the simulation.
- Describe the use of the internet to receive decisions and send results.
- Provide handouts that are given to students to assist them with the simulation.
- Discuss the positive instructor/student interaction.
- Describe the Cost Analysis Problems (CAPs) related to the simulation and how to apply them in the course.
- Provide handouts that assist students in completing the CAPs.
- Describe research results of student learning and satisfaction with the simulation by undergraduate and graduate.
Advance Preparation:
There is no advance preparation. However, registrants should bring a laptop to the session.
Presenters:
James E. Defranceschi, Southeastern Louisiana University
Pierre Titard, Southeastern Louisiana University
Note: CPE fields of study are in parentheses