An Exercise In Linking Ethics In The Classroom To The Real World

As academics we are faced with a series of challenges in teaching about ethics in the classroom.  We are expected to engage our students and help them become more proactive in the process of learning; link the classroom with the “real world”; and provide them the opportunity to develop both career-related skills and the opportunity to explore potential careers if they are to have a successful professional future.  The following exercise addresses these challenges.  The exercise involves the student identifying significant, discipline-based ethical issues; and contacting and discussing these issues with a professional in their career field.  The exercise also includes a reflective component and an opportunity for the students to share their findings with their peers.  This exercise helps to increase the relevance of the ethical material presented in class by putting this knowledge in the specific professional context to which the student aspires, and results in bridging the “classroom” with the “real world.”   A description and rationale for the exercise; materials; student feedback and benefits; and suggestions for faculty are included

Employee Layoffs And Earnings Management

This paper analyzes the accounting choices of firms in periods surrounding large work-force reductions (layoffs). Layoffs provide an incentive for managers to use accounting choices to manage earnings. Accrual analysis is performed on a sample of firms that announce large layoffs. Discretionary accruals are regressed on indicator variables for years associated with large layoffs. The results indicate that firms make accounting choices to reduce reported income in the years in which they announce large layoffs