Using business simulation: An authentic learning experience for accounting students

Journal article


Akhtaruzzaman, Md, Ahmadi, Hormoz, James, Wendy and Ghosh, Ratan. (2024). Using business simulation: An authentic learning experience for accounting students. Journal of Accounting Literature. pp. 1-11. https://doi.org/10.1108/JAL-06-2024-0137
AuthorsAkhtaruzzaman, Md, Ahmadi, Hormoz, James, Wendy and Ghosh, Ratan
Abstract

Purpose: Our study aims to investigate the learning effectiveness of business schools in Australia using the framework of authentic learning. Additionally, it proposes the acceptability of authentic learning measures within the Australian context.

Design/methodology/approach: A structured questionnaire was used to assess the efficacy of authentic learning constructs across different time frames from January 2021 to July 2022. Relevant measurements were employed to evaluate the convergent and discriminant validity scales used to measure authentic learning experiences.

Findings: The results indicate that all nine dimensions (constructs) of authentic learning have statistical significance in assessing learning outcomes in Australian business schools. No variability in the significance of the constructs across different time frames was observed, demonstrating the robustness of the results.

Practical implications: Our study offers valuable insights for educators, policymakers, and corporate recruiters by highlighting the development of authentic learning capabilities in Higher Education Institutions (HEIs) in Australia. This approach can enhance academic development through industry-academia collaboration, reducing the gap between education and industry needs, and producing market leaders for sustainable economic development.

Originality/value: This study is a novel attempt to evaluate authentic learning scales in Australian HEIs, specifically within business schools, and to assess how academic practices align with recruiters' expectations.

KeywordsAuthentic learning; Business simulation; Accounting education; Business schools; Australia
Year01 Jan 2024
JournalJournal of Accounting Literature
Journal citationpp. 1-11
PublisherEmerald Group Publishing Limited
ISSN0737-4607
Digital Object Identifier (DOI)https://doi.org/10.1108/JAL-06-2024-0137
Web address (URL)https://www.emerald.com/insight/content/doi/10.1108/JAL-06-2024-0137/full/html
Open accessPublished as non-open access
Research or scholarlyScholarly
Page range1-11
Publisher's version
License
All rights reserved
File Access Level
Controlled
Output statusPublished
Publication dates
Print06 Aug 2024
Publication process dates
Accepted05 Jul 2024
Deposited11 Oct 2024
Additional information

© Emerald Publishing Limited

The authors acknowledge the Australian Catholic University’s Teaching Development Grant received in 2019.

Place of publicationUnited Kingdom
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https://acuresearchbank.acu.edu.au/item/91008/using-business-simulation-an-authentic-learning-experience-for-accounting-students

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