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Clean Books: Integrating Managerial Accounting Concepts into a Chemistry Course

Advances in Accounting Education: Teaching and Curriculum Innovations

ISBN: 978-1-78052-756-7, eISBN: 978-1-78052-757-4

Publication date: 9 August 2012

Abstract

This chapter describes the use of an innovative instructional tool to teach managerial accounting concepts in a chemistry course at a small liberal arts college. Students engage in active learning by participating in a semester-long enterprise where they assume the role of both an entrepreneur and a manufacturer, as they explore different production combinations and plan profitability. This teaching tool offers several educational benefits. First, it actively engages students by requiring daily decisions having market consequences in a real-world setting. Second, it empowers students to create their own production environment and fosters cooperative learning. Finally, it develops in students an appreciation for the value of accounting information in decision-making.

Citation

Dunn, K.M. and Schwartz, J.T. (2012), "Clean Books: Integrating Managerial Accounting Concepts into a Chemistry Course", Feldmann, D. and Rupert, T.J. (Ed.) Advances in Accounting Education: Teaching and Curriculum Innovations (Advances in Accounting Education, Vol. 13), Emerald Group Publishing Limited, Leeds, pp. 41-57. https://doi.org/10.1108/S1085-4622(2012)0000013007

Publisher

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Emerald Group Publishing Limited

Copyright © 2012, Emerald Group Publishing Limited