Essay on governmental accounting - 7205 Words

J. of Acc. Ed. 31 (2013) 350–362 Contents lists available at SciVerse ScienceDirect J. of Acc. Ed. journal homepage: www.elsevier.com/locate/jaccedu Teaching and educational notes The budgetary interview: Intentional learning for students in governmental and non-proï ¬ t accounting Larita Killian ⇑ Division of Business, Indiana University-Purdue University Columbus (IUPUC), 4601 Central Avenue, Columbus, IN 47203, USA a r t i c l e i n f o Article history: Available online 30 April 2013 Keywords: Intentional learning Self-directed learning Governmental and non-proï ¬ t accounting Learning-to-learn a b s t r a c t Learning-to-learn skills are critical to the future success of accounting students. This paper†¦show more content†¦Section 6 contains conclusions and recommendations. The Appendices contain materials that can be used by faculty in adapting and implementing this exercise. 2. Background and exercise development 2.1. Review of literature The Accounting Education Change Commission (AECC, 1990) stressed that undergraduate education should help students prepare for life-long learning, enabling them to renew their skills throughout their careers. According to the AECC, accounting courses should focus on how basic concepts are applied in real-world settings. Activities should draw from multiple information sources, and students should be required to search for desired information and be active participants in learning. Students must develop the ability to receive and transmit concepts and information; to locate, obtain and organize information; and to communicate in unstructured and unfamiliar settings. Further, students need an understanding of work environments and the internal workings of organizations. The AECC called on educators to help students develop a professional orientation, including an appreciation for the values of the profession and the ability to address issues with concern for the public interest. Like the AECC, the American Institute of Certiï ¬ ed Public Accountants (AICPA) stresses the acquisition of skills rather than memorization of content. The AICPA’s core competency framework (AICPA, 2003)Show MoreRelatedGovernmental Accounting1465 Words   |  6 Pages16.  Which of the following federal officials is a principal of the Joint Financial Management Improvement Program who considers and approves or disapproves accounting and reporting standards recommended by the Federal Accounting Standards Advisory Board?   A.  Chair of the Federal Accounting Standards Advisory Board. B.  Secretary of the Interior. C.  Comptroller General. 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