Incorporating practical sustainability and managerial and financial reporting in accounting education: An interactive project

Abstract

Purpose

This study aims to illustrate an interactive project in an advanced accounting course at a Middle Eastern higher education institution, which introduced students to practical/applied financial and managerial accounting and sustainability reporting and created an element of cognitive dissonance with regard to their financial reporting-biased prior knowledge.

Design/methodology/approach

Groups are formed that create fictitious companies and then prepare an annual report for this company. Part of the project is a critical reflection on the experience afterwards. Students needed to critically reflect on their learning experience as part of the project assessment to fulfil the required learning outcomes, as constructive learning needs reflection.

Findings

This project introduced students to practical/applied financial and managerial accounting and sustainability reporting and created an element of cognitive dissonance with regard to their financial reporting-biased prior knowledge. While some students considered the project on financial/managerial accounting and sustainability reporting a beneficial undertaking and felt their disciplinary worldview challenged, others thought it was interesting but still preferred to remain with the primarily financial focus of their discipline.

Originality/value

The project was undertaken to allow students to engage with their disciplinary material, both conventional and sustainability reporting-related, in a constructive learning manner.

Citation

Hutaibat, K. (2019), "Incorporating practical sustainability and managerial and financial reporting in accounting education: An interactive project", Journal of International Education in Business, Vol. 12 No. 2, pp. 181-197. https://doi.org/10.1108/JIEB-10-2018-0047