Norbert Tschakert

Teaching IFRS With Online Videos and Webcasts: Resources, Analysis, and Guidance

This study examines an emerging source of supplementary IFRS teaching materials. These include professional and institutional webcasts and online videos. The study begins by identifying the sources of IFRS webcasts and online videos, and then provides analysis and guidance for using such media in different levels of accounting courses. We conducted a questionnaire survey that examined student perceptions about using IFRS videos and webcasts in international accounting courses. The survey results indicate that students value the use of IFRS videos and webcasts, perceive them to be effective and to increase their learning, and view them as pedagogical tools that they will look for in the future. This study is important for accounting educators as it provides a useful and engaging tool to deliver IFRS knowledge to students.

The Importance of the Foreign Corrupt Practices Act (FCPA) for Accounting Education

Purpose: Discuss the importance of the Foreign Corrupt Practices Act (FCPA) to accounting education.Methodology/approach: This study first examines the current trends and events underlying the reasons for increasing the incorporation of the FCPA and related anti-bribery issues into the accounting curriculum. Then best practices of increasing FCPA coverage and presenting the material to students are presented and explained.Findings: The recent increase in FCPA and anti-bribery prosecutions, the penalties assessed, and the costs of internal investigation and compliance are significant. In addition, corruption is a way of life in many countries. Thus, the need for consultants, auditors, and accounting firms knowledgeable about FCPA issues is growing, especially as the FCPA has a books and records provision and demands effective internal control. However, universities have been slow to acknowledge this trend. Pedagogical strategies for including FCPA issues in the accounting curriculum range from incorporating role-playing and developing case studies in existing classes to creating separate stand-alone FCPA and antibribery classes.Social implications: Accounting students, during their future business careers, will be better prepared to identify, evaluate, and choose appropriate actions/responses when faced with FCPA and bribery situations.Originality/value of study: Despite the underlying trends that indicate the importance of integrating FCPA issues into the accounting education, many universities have lagged in introducing this subject area into their curriculum. This study is the first to provide the rationale and multiple pedagogical methods for facilitating accounting student education about identifying FCPA issues and selecting proper responses.