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ERIC Number: EJ1096957
Record Type: Journal
Publication Date: 2012-Feb
Pages: 18
Abstractor: As Provided
ISSN: ISSN-1941-3394
Integrating Finance and Accounting through a Business Combination Assignment
Walstra, Richard; Harrington, Steve; Drougas, Anne; Pollastrini, Raymond
Journal of Instructional Pedagogies, v7 Feb 2012
The traditional approach to business education has been through functional training in specific disciplines. However, changes in the way businesses have operated over the past twenty years have led to calls for a new, integrated approach to business education. Support for an integrated curriculum has come from various professional organizations and accrediting bodies. Business schools have expressed interest in, and support for, better integration within their programs, but progress has been slow. Many approaches to integration exist, ranging from fully integrated curricula to new or collaborative pedagogy. These approaches often present challenges: implementation costs, faculty resistance, and other barriers. Finance, as with other disciplines, faces the silo effect and the concern that finance education is being approached too narrowly. Faculty should consider ways to improve their delivery methods in the classroom. Beyond the option of a fully integrated program, improvements might include team teaching, linked course design, deliberate course sequencing, shared case studies, and integrated assignments. New pedagogy should include an emphasis on technology and communication, both of which have been identified as important skills in modern business. This paper presents an integrative merger and acquisition assignment which addresses important strategic dimensions affecting the finance and accounting disciplines. Bringing together these disciplines simulates the business world's integration of responsibilities. The Excel-based assignment expands student exposure to technology and facilitates group work and communication through variable inputs and scenarios. By addressing multiple issues deemed important to financial management and business education, the assignment offers a valuable addition to finance pedagogy.
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A