Q. Accounting Education Change Commission?
Accountants in practice as well as business executives have generally been dissatisfied with accounting graduates' capability to think critically and to communicate their ideas effectively. The (AECC) Accounting Education Change Commission has suggested that changes be made in the education of accountants to eliminate these complaints. To deal with these concerns we have included a section entitled as Beyond the numbers-Critical thinking. In that section you are requisite to work relatively unstructured business decision cases analyze real-world annual report data write about situations involving ethics and participate in group projects. Generally of the other end-of-chapter materials as well involve analysis and written communication of ideas.
In some of the cases analysis group projects and ethics situations you are asked to write a memorandum regarding the situation. In writing such a note identify your role auditor OR consultant the audience stockholders, management, and creditors and the task the specific assignment. Present your thoughts concisely and clearly.
The purpose of the group projects is to help you in learning to listen to and work with others. These skills are vital in succeeding in the business world. Team players listen to the outlook of others and work cohesively with them to achieve group goals.