Starworld: Preparing Accountants For The Future: A Case-Based Approach To Teach International Financial Reporting Standards Using ERP Software

Abstract

International Financial Reporting Standards now constitute an important part of educating young professional accountants. This paper looks at a case based process to teach International Financial Reporting Standards using integrated Enterprise Resource Planning software. The case contained within the paper can be used within a variety of courses to teach International Financial Reporting Standards within an ethical framework. This case does not require access to a live SAP ECC 6.0 server. Students desiring a real time technical experience can either use a live system or utilize the practice capability within this case. The product demonstrated uses the current version of SAP ECC 6.0.