IDEAS home Printed from https://ideas.repec.org/a/eee/joaced/v53y2020ics0748575120300397.html
   My bibliography  Save this article

Consolidating the student voice using think aloud protocols

Author

Listed:
  • Schönfeldt, Nikki
  • Hancock, Phil
  • Birt, Jacqueline

Abstract

This paper reports on the use of Think Aloud Protocols (TAPs) to identify the concepts in consolidated financial statements that students may find difficult to master. Consolidated Financial Statements is a topic taught normally in Intermediate Accounting that is known to pose a challenge to students (Murphy & McCarthy, 2010). In this study, we use TAPs to capture a participant’s immediate thoughts while performing tasks related to consolidated financial statements. TAPs offer the opportunity to hear the student’s voice in their strategies to solve a question and provide a unique insight into concepts, terminology and parts of the consolidation process that students may experience as troublesome. These insights will be used to develop a future project of an adaptive learning resource to support student mastery of threshold financial accounting concepts. This paper extends our understanding of the use of TAPs in Accounting and the research methodology employed in this paper could be applied to other teaching innovations.

Suggested Citation

  • Schönfeldt, Nikki & Hancock, Phil & Birt, Jacqueline, 2020. "Consolidating the student voice using think aloud protocols," Journal of Accounting Education, Elsevier, vol. 53(C).
    • Handle: RePEc:eee:joaced:v:53:y:2020:i:c:s0748575120300397
    DOI: 10.1016/j.jaccedu.2020.100683
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0748575120300397
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jaccedu.2020.100683?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Anderson, Matthew J., 1988. "A comparative analysis of information search and evaluation behavior of professional and non-professional financial analysts," Accounting, Organizations and Society, Elsevier, vol. 13(5), pages 431-446, August.
    2. Anderson, M. J. & Potter, G. S., 1998. "On the use of regression and verbal protocol analysis in modeling analysts' behavior in an unstructured task environment: A methodological note," Accounting, Organizations and Society, Elsevier, vol. 23(5-6), pages 435-450.
    3. Anderson, Mj, 1985. "Some Evidence On The Effect Of Verbalization On Process - A Methodological Note," Journal of Accounting Research, Wiley Blackwell, vol. 23(2), pages 843-852.
    4. Chan, Siew H. & Song, Qian & Rivera, Laurie H. & Trongmateerut, Pailin, 2016. "Using an educational computer program to enhance student performance in financial accounting," Journal of Accounting Education, Elsevier, vol. 36(C), pages 43-64.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Apostolou, Barbara & Dorminey, Jack W. & Hassell, John M., 2021. "Accounting education literature review (2020)," Journal of Accounting Education, Elsevier, vol. 55(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Anderson, M. J. & Potter, G. S., 1998. "On the use of regression and verbal protocol analysis in modeling analysts' behavior in an unstructured task environment: A methodological note," Accounting, Organizations and Society, Elsevier, vol. 23(5-6), pages 435-450.
    2. Coram, Paul J. & Mock, Theodore J. & Monroe, Gary S., 2011. "Financial analysts' evaluation of enhanced disclosure of non-financial performance indicators," The British Accounting Review, Elsevier, vol. 43(2), pages 87-101.
    3. Michael Gibbins, 1988. "Discussion of “An experimental study of the effects of elicitation methods on review of preliminary audit strategy by external auditorsâ€," Contemporary Accounting Research, John Wiley & Sons, vol. 4(2), pages 412-415, March.
    4. Peter Gordon Roetzel, 2019. "Information overload in the information age: a review of the literature from business administration, business psychology, and related disciplines with a bibliometric approach and framework developmen," Business Research, Springer;German Academic Association for Business Research, vol. 12(2), pages 479-522, December.
    5. de Kok, Ties, 2019. "Essays on reporting and information processing," Other publications TiSEM 468fd12b-19c0-4c7b-a33a-6, Tilburg University, School of Economics and Management.
    6. Campbell, David & Slack, Richard, 2011. "Environmental disclosure and environmental risk: Sceptical attitudes of UK sell-side bank analysts," The British Accounting Review, Elsevier, vol. 43(1), pages 54-64.
    7. Apostolou, Barbara & Dorminey, Jack W. & Hassell, John M. & Rebele, James E., 2017. "Accounting education literature review (2016)," Journal of Accounting Education, Elsevier, vol. 39(C), pages 1-31.
    8. J.E. Boritz & B.G. Gaber & W.M. Lemon, 1988. "An experimental study of the effects of elicitation methods on review of preliminary audit strategy by external auditors," Contemporary Accounting Research, John Wiley & Sons, vol. 4(2), pages 392-411, March.
    9. Alexander Kerl & Oscar Stolper & Andreas Walter, 2012. "Tagging the triggers: an empirical analysis of information events prompting sell-side analyst reports," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 26(2), pages 217-246, June.
    10. Lipe, M. G., 1998. "Individual investors' risk judgments and investment decisions: The impact of accounting and market data," Accounting, Organizations and Society, Elsevier, vol. 23(7), pages 625-640, October.
    11. Choo, Freddie, 1996. "Auditors' knowledge content and judgment performance: A cognitive script approach," Accounting, Organizations and Society, Elsevier, vol. 21(4), pages 339-359, May.
    12. Paul J. Coram, 2010. "The effect of investor sophistication on the influence of nonfinancial performance indicators on investors’ judgments," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 50(2), pages 263-280, June.
    13. Barrick, John A. & Spilker, Brian C., 2003. "The relations between knowledge, search strategy, and performance in unaided and aided information search," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(1), pages 1-18, January.
    14. Skarlicki, Daniel & Lo, Kin & Rogo, Rafael & Avolio, Bruce J. & DeHaas, CodieAnn, 2023. "The role of CEO accounts and perceived integrity in analysts’ forecasts," Organizational Behavior and Human Decision Processes, Elsevier, vol. 176(C).
    15. Andersson, Patric, 2004. "Does experience matter in lending? A process-tracing study on experienced loan officers' and novices' decision behavior," Journal of Economic Psychology, Elsevier, vol. 25(4), pages 471-492, August.
    16. Orie E. Barron & Charles R. Enis & Hong Qu, 2021. "Do Financial Professionals Process Information Better as a Group Than Non-Professionals?," JRFM, MDPI, vol. 14(5), pages 1-18, May.
    17. He Tingting, 2020. "Preliminary Research of Information Overload from Information Search and Information Follow," Marketing of Scientific and Research Organizations, Sciendo, vol. 38(4), pages 1-20, December.
    18. Karola Bastini & Rainer Kasperzak, 2013. "Erkenntnisfortschritt in der Rechnungslegung durch experimentelle Forschung? — Diskussion methodischer Grundsatzfragen anhand der Entscheidungsnützlichkeit des Performance Reporting," Schmalenbach Journal of Business Research, Springer, vol. 65(7), pages 622-660, December.
    19. Lucy F. Ackert & Bryan K. Church & Mohamed Shehata, 1996. "What Affects Individuals' Decisions to Acquire Forecasted Information?," Contemporary Accounting Research, John Wiley & Sons, vol. 13(2), pages 379-399, September.
    20. Erland Hejn Nielsen & Steen Nielsen, 2020. "Preparing students for careers using business analytics and data-driven decision making," Economics Working Papers 2020-08, Department of Economics and Business Economics, Aarhus University.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joaced:v:53:y:2020:i:c:s0748575120300397. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/journal-of-accounting-education .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.