J
Journal of Economics, Management, Entrepreneurship, and Business Abnus Publisher

Enhancing Critical Thinking Skills Through Innovative Accounting Transaction Simulation-Based Learning Methods

2024-05-29
Published
10-20
Pages
OPEN
Access
RJ
Rosmaria Jaffar
Universiti Sultan Zainal Abidin (UniSZA), Malaysia
NM
Nurul Huda Mustafa
Universiti Sultan Zainal Abidin (UniSZA), Malaysia
NF
Noor Fadzlina Mohd Fadhil
Universiti Sultan Zainal Abidin (UniSZA), Malaysia
MJ
Mariana Jusop
Universiti Sultan Zainal Abidin (UniSZA), Malaysia
FZ
Fahru Azwa Mohd Zain
Universiti Sultan Zainal Abidin (UniSZA), Malaysia
SS
Shahida Shaharuddin
Universiti Sultan Zainal Abidin (UniSZA), Malaysia
Abstract

Purpose: This study investigates the effectiveness of Accounting Transaction Simulations (Acc-Trans) in enhancing critical thinking skills among accounting students.

Research Methodology: This study employed a quantitative research approach, gathering data from accounting students through a Likert scale survey to assess the effectiveness of AccTrans.

Results: Most students rated the simulation positively in terms of improving their critical thinking skills and considered it a valuable addition to their class. However, a small percentage of students expressed neutral or negative views, highlighting potential areas for improvement in the program.

Conclusions: The study concludes that AccTrans is a beneficial tool for enhancing critical thinking, despite its effectiveness varying based on individual learning preferences.

Limitations: This study is limited to accounting students at a single university and relies on self-reported survey data, which may limit generalizability and introduce bias.

Contributions: The study provides evidence that Accounting Transaction Simulations enhance students’ critical thinking and support the integration of digital learning tools in accounting education.

Accounting Critical Thinking Skills Simulation Transaction
How to Cite
Jaffar, R., Mustafa, N. H. ., Fadhil, N. F. M., Jusop, M. ., Zain, F. A. M. ., & Shaharuddin, S. (2024). Enhancing Critical Thinking Skills Through Innovative Accounting Transaction Simulation-Based Learning Methods. Journal of Economics, Management, Entrepreneurship, and Business, 4(1), 10-20. https://doi.org/10.52909/jemeb.v4i2.160
Endnote/Zotero/Mendeley (RIS) BibTeX
References
  1. Abdullah, M. A. F. (2021). Analysis of consumer motives in purchasing decisions and the use of instant cooking seasonings. Jurnal Bisnis, Ekonomi, Manajemen, Dan Kewirausahaan, 1(1), 27–35. https://doi.org/10.52909/jbemk.v1i1.24
  2. Agusinta, L., Nugroho, A. E., Fachrial, P., & Suryawan, R. F. (2021). Assessment model of employee competence, ground support equipment effectiveness, and satisfaction on service quality. Jurnal Transportasi, Logistik, dan Aviasi, 1(1), 55–69. https://doi.org/10.52909/jtla.v1i1.37
  3. Al-Hashimy, H. N. H., Jinfang, Y., & Hussein, W. N. (2023). Exploring the impact of technology-enhanced learning on accounting education: A comparative study. International Journal of Recent Research in Social Sciences and Humanities (IJRRSSH), 10, 113–119. https://www.researchgate.net/publication/375247386
  4. Amin, S., Utaya, S., Bachri, S., Sumarmi, & Susilo, S. (2020). Effect of problem-based learning on critical thinking skills and environmental attitude. Journal for the Education of Gifted Young Scientists, 8(2), 743–755. https://doi.org/10.17478/jegys.650344
  5. Anggraeni, D. M., Prahani, B. K., Suprapto, N., Shofiyah, N., & Jatmiko, B. (2023). Systematic review of problem based learning research in fostering critical thinking skills. Thinking Skills and Creativity, 49, 101334. https://doi.org/10.1016/j.tsc.2023.101334
  6. Anggraini, D. (2021). The impact of covid-19 on stock price changes. Jurnal Bisnis, Ekonomi, Manajemen, Dan Kewirausahaan, 1(1), 1–18. https://doi.org/10.52909/jbemk.v1i1.22
  7. Aprillita, D., & Perkasa, D. H. (2021). The impact of the covid-19 pandemic on consumer purchasing power in the online retail sectors. Jurnal Bisnis, Ekonomi, Manajemen, Dan Kewirausahaan, 1(1), 19–26. https://doi.org/10.52909/jbemk.v1i1.23
  8. Arifin, M. M., Prastowo, S. B., & Harijanto, A. (2022). Efektivitas penggunaan simulasi phet dalam pembelajaran online terhadap hasil belajar siswa. Jurnal Pembelajaran Fisika, 11(1), 16. https://doi.org/10.19184/jpf.v11i1.30612
  9. Arviani, F. P., Wahyudin, D., & Dewi, L. (2023). Role of teaching strategies in promoting students’ higher order thinking skills and critical thinking dispositions. International Journal of Learning, Teaching and Educational Research, 22(9), 347–364. https://doi.org/10.26803/ijlter.22.9.19
  10. Ayuningtyas, B., & Ilman, S. (2021). Ip camera surveillance system using an android application based on arduino. Jurnal Teknika Dan Informatika, 1(1), 1–18. https://doi.org/10.52909/jti.v1i1.6
  11. Berlian Rms, A., & Wahyuningsih, E. (2021). Analysis of frictional energy generation between train wheels and rails. Jurnal Teknika Dan Informatika, 1(1), 46–61. https://doi.org/10.52909/jti.v1i1.10
  12. Cheng, C., & Zhou, Z. (2024). Design and implementation of a e-business teaching simulation system based on student cognitive model. Computer-Aided Design and Applications, 151–165. https://doi.org/10.14733/cadaps.2024.S10
  13. Heriyanto, D. (2021). The impact of service quality and compensation on crew satisfaction in manning companies. Jurnal Transportasi, Logistik, dan Aviasi, 1(1), 31–41. https://doi.org/10.52909/jtla.v1i1.35
  14. Hernawan, M. A., Pahrudin, C., Affiat, M. R., & Nurhayati, S. (2023). Overview of financial technology (fintech) in logistics: Literature study. Journal of Economics, Management, Entrepreneurship, and Business, 3(2), 90–99. https://doi.org/10.52909/jemeb.v1i1.20
  15. Irianti, L., Febriani, R. B., & Friatin, L. Y. (2022). Promoting students’ higher order thinking through flipped classroom model in listening comprehension classes. VELES Voices of English Language Education Society, 6(1), 201–214. https://doi.org/10.29408/veles.v6i1.5060
  16. Jamil, M. G., & Isiaq, S. O. (2019). Teaching technology with technology: Approaches to bridging learning and teaching gaps in simulation-based programming education. International Journal of Educational Technology in Higher Education, 16(1). https://doi.org/10.1186/s41239-019-0159-9
  17. Joshi, B. M., & Koirala, P. (2023). Enhancing economics education through digital resources and online learning. Pragyaratna, 5(1), 183–195. https://doi.org/10.3126/pragyaratna.v5i1.59287
  18. Keke, Y., Tobing, N. G. L., & Tanjung, I. (2021). The effect of occupational safety and health on employee performance at pt. angkasa kargo. Jurnal Transportasi, Logistik, dan Aviasi, 1(1), 42–54. https://doi.org/10.52909/jtla.v1i1.36
  19. Kuncoro, H., & Harahap, V. (2021). Effect of electronic flight bag usage and safety culture on flight safety performance at pt. garuda indonesia. Jurnal Transportasi, Logistik, dan Aviasi, 1(1), 18–30. https://doi.org/10.52909/jtla.v1i1.34
  20. Lionenko, M., & Huzar, O. (2023). Development of critical thinking in the context of digital learning. Economics & Education, 8(2), 29–35. https://doi.org/10.30525/2500-946x/2023-2-5
  21. Lucena-Anton, D., Fernandez-Lopez, J. C., Pacheco-Serrano, A. I., Garcia-Munoz, C., & Moral-Munoz, J. A. (2022). Virtual and augmented reality versus traditional methods for teaching physiotherapy: A systematic review. European Journal of Investigation in Health, Psychology and Education, 12(12), 1780–1792. https://doi.org/10.3390/ejihpe12120125
  22. Madsgaard, A., Røykenes, K., Smith-Strøm, H., & Kvernenes, M. (2022). The affective component of learning in simulation-based education – facilitators’ strategies to establish psychological safety and accommodate nursing students’ emotions. BMC Nursing, 12(1). https://doi.org/10.1186/s12912-022-00869-3
  23. Maheswara, D., Sukesi, S., & Aditya, M. M. (2023). Effect of service quality and facilities on customer satisfaction at port of indonesia benoa branch. Jurnal Bisnis, Ekonomi, Manajemen, Dan Kewirausahaan, 3(2), 62–71. https://doi.org/10.52909/jbemk.v4i2.171
  24. McBane, S., Alavandi, P., Allen, S., Bingham, A., Dang, Y., Elmes, A., Fallon, J. M., Herman, A., Januszka, J., Peddi, A. N., Posey, L. M., Putney, K., Richter, S., Shrader, S., Thomas, M., & Seybert, A. (2023). Overview of implementation and learning outcomes of simulation in pharmacy education. JACCP Journal of the American College of Clinical Pharmacy, 6(5), 528–554. https://doi.org/10.1002/jac5.1784
  25. Meirbekov, A., Maslova, I., & Gallyamova, Z. (2022). Digital education tools for critical thinking development. Thinking Skills and Creativity, 44, 101023. https://doi.org/10.1016/j.tsc.2022.101023
  26. Mohd Khalil, A., Lee, K. L., Kamaruzzaman, Z. A., & Ong, C. A. (2024). Effectiveness of simulation-based learning in malaysian higher education: A case study of monsoonsim. Asian Education and Development Studies, 13(1), 64–77. https://doi.org/10.1108/AEDS-09-2023-0125
  27. Pandey, D., & Gilmour, P. (2024). Accounting meets metaverse: Navigating the intersection between the real and virtual worlds. Journal of Financial Reporting and Accounting, 22(2), 211–226. https://doi.org/10.1108/JFRA-03-2023-0157
  28. Parmenas, N. H. (2021). Strategies for maintaining employee well-being during the covid-19 pandemic. Journal of Economics, Management, Entrepreneurship, & Business, 1(1), 15–31. https://doi.org/10.52909/jemeb.v1i1.3
  29. Purnamasari, D., & Riyadi, S. (2023). The influence of leadership and work environment on employee performance through discipline at puprperakim mojokerto. Jurnal Bisnis, Ekonomi, Manajemen, Dan Kewirausahaan, 3(2), 72–81. https://doi.org/10.52909/jbemk.v4i2.172
  30. Rafiq, S., Iqbal, S., & Afzal, A. (2024). The impact of digital tools and online learning platforms on higher education learning outcome. Al-Mahdi Research Journal (MRJ), 5(4), 359–369.
  31. Ricardianto, P., Sakti, R. F. J., Sembiring, H. F. A., & Abidin, Z. (2021). Safety performance analysis of state and commercial ships in accordance with solas 1974. Journal of Economics, Management, Entrepreneurship, & Business, 1(1), 1–14. https://doi.org/10.52909/jemeb.v1i1.2
  32. Rizkita, N., Rachmawati, D., & Valentin, A. D. (2023). The impact of total quality management on corporate environmental performance: Organizational innovation as mediator. Journal of Economics, Management, Entrepreneurship, and Business, 3(2), 112–123. https://doi.org/10.52909/jemeb.v3i2.196
  33. Sanchez, D. R., Rueda, A., Kawasaki, K., Van Lysebetten, S., & Diaz, D. (2023). Reviewing simulation technology: Implications for workplace training. Multimodal Technologies and Interaction, 7(5), 50. https://doi.org/10.3390/mti7050050
  34. Saputro, A., & Soleha, I. (2021). Analysis of the performance of extraction-condensing turbine unit 1 at bablean power plant. Jurnal Teknika Dan Informatika, 1(1), 62–79. https://doi.org/10.52909/jti.v1i1.11
  35. Sari, R. M., Sumarmi, Astina, I. K., Utomo, D. H., & Ridhwan. (2021). Increasing students critical thinking skills and learning motivation using inquiry mind map. International Journal of Emerging Technologies in Learning, 16(03), 4. https://doi.org/10.3991/ijet.v16i03.16515
  36. Sasson, I., Yehuda, I., & Malkinson, N. (2018). Fostering the skills of critical thinking and question-posing in a project-based learning environment. Thinking Skills and Creativity, 29, 203–212. https://doi.org/10.1016/j.tsc.2018.08.001
  37. Satria, B. (2021). The effect of transformational leadership and work motivation on employee performance at pt. xyz. Jurnal Bisnis, Ekonomi, Manajemen, Dan Kewirausahaan, 1(1), 36–47. https://doi.org/10.52909/jbemk.v1i1.25
  38. Setyawati, A., & Aristiyanto, F. K. (2021). Improving discipline through apron movement control (amc) at pt angkasa pura i adi soemarmo airport. Jurnal Transportasi, Logistik, dan Aviasi, 1(1), 1–17. https://doi.org/10.52909/jtla.v1i1.33
  39. Setyawati, A., Huda, M. N., Suripno, S., & Tannady, H. (2021). Analysis of integrated bus terminal services and their impact on customer satisfaction at pulo gebang. Journal of Economics, Management, Entrepreneurship, & Business, 1(1), 44–55. https://doi.org/10.52909/jemeb.v1i1.5
  40. Sierra, J. (2020). The potential of simulations for developing multiple learning outcomes: The student perspective. International Journal of Management Education, 18(1), 100361. https://doi.org/10.1016/j.ijme.2019.100361
  41. Solihin, A. (2021). The effect of workload, compensation, and career development on employee loyalty at pt. abc. Jurnal Bisnis, Ekonomi, Manajemen, Dan Kewirausahaan, 1(1), 48–58. https://doi.org/10.52909/jbemk.v1i1.26
  42. Susanto, P. C., & Parmenas, N. H. (2021). Development of a succession planning model for insurance subsidiaries. Journal of Economics, Management, Entrepreneurship, & Business, 1(1), 56–75. https://doi.org/10.52909/jemeb.v1i1.16
  43. Susanto, P. C., Suryawan, R. F., Hartono, H., & Purwoko, B. A. (2021). Analysis of accident-prone areas along the ciawi–puncak road, bogor. Journal of Economics, Management, Entrepreneurship, & Business, 1(1), 32–43. https://doi.org/10.52909/jemeb.v1i1.4
  44. Syahrial, E., & Sudono, R. H. (2021). Cooling load analysis of a new building at pmi bogor hospital using the cltd method. Jurnal Teknika Dan Informatika, 1(1), 34–45. https://doi.org/10.52909/jti.v1i1.9
  45. Valentin, A. D., Sartono, S., & Fitriyanto, A. R. (2023). The impact of green manufacturing on tqm and environmental performance in ceramic industries. Journal of Economics, Management, Entrepreneurship, and Business, 3(2), 100–111. https://doi.org/10.52909/jemeb.v3i2.195
  46. van Peppen, L. M., Verkoeijen, P. P. J. L., Heijltjes, A. E. G., Janssen, E. M., Koopmans, D., & van Gog, T. (2018). Effects of self-explaining on learning and transfer of critical thinking skills. Frontiers in Education, 3. https://doi.org/10.3389/feduc.2018.00100
  47. Wahyuningsih, E., Widodo, S., & Rahmanto, R. (2021). Prototype manufacture of the arjuno autobost covid-19 robot. Jurnal Teknika Dan Informatika, 1(1), 19–33. https://doi.org/10.52909/jti.v1i1.8
  48. Wong, J. Y. H., Chan, M. M. K., Tsang, V. W. Y., Pang, M. T. H., Chan, C. K. Y., Chau, P. H., & Tiwari, A. (2021). Rubric-based debriefing to enhance nursing students’ critical thinking via simulation. BMJ Simulation and Technology Enhanced Learning, 7(1), 11–16. https://doi.org/10.1136/bmjstel-2019-000523
  49. Yeo, J. H., Cho, I. H., Hwang, G. H., & Yang, H. H. (2022). Impact of gender and prior knowledge on learning performance and motivation in a digital game-based learning biology course. Educational Technology Research and Development, 70(3), 989–1008. https://doi.org/10.1007/s11423-022-10099-8
  50. Zhang, Y., Liu, Y., & Zheng, S. (2024). A graph neural network-based approach for detecting fraudulent small-value high-frequency accounting transactions. Academic Journal of Sociology and Management, 2(6), 25–34. https://doi.org/10.5281/zenodo.14161459
License
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Jaffar, R., Mustafa, N. H. ., Fadhil, N. F. M., Jusop, M. ., Zain, F. A. M. ., & Shaharuddin, S. (2024). Enhancing Critical Thinking Skills Through Innovative Accounting Transaction Simulation-Based Learning Methods. Journal of Economics, Management, Entrepreneurship, and Business, 4(1), 10-20. https://doi.org/10.52909/jemeb.v4i2.160
Downloads
View PDF PDF · Open Access
Statistics
Issue
Vol. 4 No. 1 (2024): May
Articles

Similar Articles

You may also start an advanced similarity search for this article.