This article focuses on audit risk by examining it in terms of its components: inherent risk, control risk, and detection risk. Discusses applying audit risk, a definition of audit risk, and components of audit risk. (CT)

The monograph reports on a survey of fund raiser attitudes toward issues of professionalism and stresses that professional competence is not enough if an occupational group aspires to be recognized as a true profession. Part I provides an overview of fund raising as a profession including sections on: what a profession is, the professional…

A simulation game being used in the economics department at the University of North Dakota to introduce students to the world of banking is described. The rationale for this approach is that the economics curriculum tends to be more conceptual than practical in content, and provides limited internship opportunities. The simulation game approach…

Middle school students practiced their math skills and learned about the stock market by selecting and managing their own hypothetical portfolios of real stocks. (SJL)

Outlines a model business-education program developed to help stop a shortage of competent personnel in the financial services industry. (MD)

Describes an elementary school project in which children learned about the terms, issues, and concepts involved in U.S. economic system and the stock market. Emphasizes the importance of reinforcing delayed gratification to break the cycle of poverty for inner-city families. Discusses project goals, special activities, support, and instructional…

Several cooperative programs between schools and businesses in economic education are featured. Students are shown learning practical applications of economic principles through participation in the programs, and the private sector is shown making a worthwhile investment in America's future. A final section features some of the economic education…

This student manual and answer book/teacher's guide focus on the industry-specific information and skills needed by students who plan to enter, or who may already be receiving, training in a financial institution, such as commercial banks, savings and loans, and credit unions, as well as pawn shops, credit departments of retail stores, and other…

This guide contains 15 lesson plans on financial topics for high school students. The lessons cover the following: (1) securities in the U.S. economy; (2) careers in finance; (3) commercial banking interest rates; (4) understanding financial statements; (5) newspaper stock tables; (6) financial institution operations; (7) foundation…

Details of teacher-developed lessons in banking are extensively profiled. (MP)

This document contains teacher's materials for a course designed for 11th- and 12th-grade students who are interested in pursuing a career in financial institutions. The course consists of six instructional units: orientation, personal money management, the wise use of credit, negotiable instruments, communications, and security. Depending on the…

This document contains the occupational duty/task lists for five occupations in the banking and financial services series. Each occupation is divided into seven or eight duties. A separate page for each duty in the occupation lists the tasks in that duty along with its code number and columns to indicate whether that particular duty has been…

Designed to help those who are considering a career that enables them to travel or live abroad or to work in an international field, this guide will be especially helpful to college and graduate school students, graduates with advanced degrees, professionals exploring alternative careers, and college-bound high school students, and will also be a…

Demonstrates how a simple portfolio problem expressed explicitly as an expected utility maximization problem can be used to instruct students in portfolio theory. Discusses risk aversion, decision making under uncertainty, and the limitations of the traditional mean variance approach. Suggests students may develop a greater appreciation of general…

This study was conducted to examine career development and professionalization in the fund-raising vocation in colleges and universities. A sample of 500 fund raisers was drawn from over 5,000 members of the Council for Advancement and Support of Education who say their primary responsibilities and interests are in fund-raising. A two-page…