This study modifies a popular business simulation game, Monopoly, to assess its effectiveness as a learning and teaching tool for helping high school accounting students acquire and apply foundational accounting concepts. The study compares an accounting-focused, Modified Monopoly with two other instructional methods. Using a quasi-experimental approach involving three learning groups, with random assignment of treatments based on school/class, a sample of 144 accounting students was obtained. This study found students using Modified Monopoly showed significantly greater improvement between their pre-test and the post-test scores than students in Computer-assisted instruction (CAI) but significantly less improvement than a paper-based extended accounting problem (EAP). However, students using Modified Monopoly, similar to the students in CAI, did not suffer the same significant decay in knowledge as students in EAP. These results offer evidence for the significant and more enduring learning benefits Modified Monopoly can produce in students’ higher order thinking skills.
Instructional media is one of important factors that affect students’ understanding on the learning materials. The main purpose of this study is to examine the impact of instructional media especially e-learning on students’ knowledge in a business education context based on E-learning theory. Data collected from 80 valid respondents at two well-known private universities in Bandung were used to test the research hypothesis using simple regression method. The results indicate that e-learning is perceived as a useful approach for helping accounting students acquire knowledge. This study implies that e-learning may be considered as one approach to deliver knowledge in a business education domain.
Financial statements must be reliable and free from bias as they represent management accountability to investors. Yet, companies have many incentives to manipulate financial statements to meet investors’ performance expectations. Therefore, this study aims to examine the fraud triangle theory (pressure proxy by financial stability, opportunity proxy by nature of the industry, and rationalization proxy by total accrual to total assets) in explaining factors that cause management to commit fraud on financial statements. The population of this study is the manufacturing sector companies listed on the Indonesia Stock Exchange during the period 2018-2020. This study performs purposive sampling method to collect financial data of 102 manufacturing companies from the website of the Indonesia stock exchange (www.idx.co.id) and Refinitiv Eikon database. Based on 306 observations obtained and tested using the logistic linear regression analysis, this study found that pressure (financial stability) had no effect on financial statement fraud, while the opportunity (nature of industry) and rationalization (total accrual to total assets) had a positive effect on financial statement fraud. These findings imply that nature of industry and total accrual to total assets are effective proxy of opportunity and rationalization respectively to predict financial statement fraud measured using Beneish M-Score, particularly the financial statements of the manufacturing companies.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.