The Challenge: Teaching Accounting Concepts to Students of the Built Environment

Publisher:
CIB
Publication Type:
Conference Proceeding
Citation:
World Building Congress 2013, 2013, pp. 1 - 11
Issue Date:
2013-01
Full metadata record
Accounting Concepts are considered crucial for the successful operation of any business or profession. Therefore, many undergraduate degrees include an individual subject for accounting. Consequently, lecturers are faced with the daunting task to teach accounting to non-accounting students, usually within a short space of time, and yet with the expectation that the students will immediately grasp all the key concepts and adequately maintain books and records to comply with relevant Accounting Standards. The purpose of the research paper is to ascertain the effectiveness of different teaching styles for students in the built environment. The research methodology in this paper analyses results from four groups of students, over two years, who were enrolled in property and or construction undergraduate degrees. The undergraduate degrees comprised of one shared accounting subject which was taught over one semester. Two groups of students (Groups A and D) were taught with a modified approach towards accounting language, with integrated examples relating purely to the built environment, and the other two groups (Groups B and C) were taught with the traditional accounting language found in an accounting degree and with the use of examples relating to a variety of industries, but not including the built environment. The results indicate a superior learning outcome, outstanding results, and a higher pass rate for groups A and D.
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