The American Accounting Association has given two 2016 Innovation in Accounting Education awards to teams of professors:
The first team from North Carolina State University’s Poole College of Management in Raleigh include Frank Buckless, KPMG Professor of Accounting and head of the Poole College’s Department of Accounting; Kathy Krawczyk, Dixon Hughes Professor of Accounting and director of the college’s Jenkins Master of Accounting program; and Scott Showalter, professor of practice in the accounting department. The three professors were honored for their use of Second Life to teach students how to conduct a physical examination of inventory.
They chose to work in SecondLife because no real-world warehouse would be able to stop operations long enough for students to get on-site inventory experience. In 2009, they used US$500,000 in funding from the EY Foundation and NC State alumni to build the stocked warehouse, office, and brewery space for the virtual RedPack brewing company, where students could learn the processes involved in this area of accounting. Since the simulation was completed in 2010, the professors have guided close to 800 students, via their avatars, through simulated inventory procedures at RedPack.
The professors now are working to convert the Second Life simulation to a new virtual reality program that they hope will create an even more true-to-life simulation. They plan to have the new simulation completed by the 2017–2018 academic year.
The second team honored includes Michael J. Meyer, an associate teaching professor at the University of Notre Dame’s Mendoza College of Business in Indiana, and Teresa S. Meyer of the University of Notre Dame’s Office of Technology. The association recognized them for their creation of Accounting Case Search, an online search tool where users can find published cases in accounting. Their website includes cases from the Journal of Accounting Education, Issues in Accounting Education, and the IMA Educational Case Journal.
A paper by Buckless, Krawczyk, and Showalter on their simulation, “Using virtual worlds to simulate real-world auditing procedures,” was published in the August 2014 issue of Issues in Accounting Education. To view a video that introduces students to the Second Life simulation, visit youtu.be/r_qGgEsBcfs.
The Meyers wrote “Accounting Case Search: a web-based search tool for finding published cases,” a paper that appeared in the December 2014 issue of the Journal of Accounting. The site, Accounting Case Search, is located at www.cases.ndacct.com/.
To read about other recipients of AAA’s 2016 awards for outstanding service, best papers, and other contributions to the accounting field, visit aaahq.org/education/awards.