Accounting Educators ’ Journal Volume X, Number 2 Bringing Research into the Classroom: A Discussion of the Audit Risk Model

Critical thinking skills can be developed by integrating research issues into the education process. We describe how a discussion of the audit risk model can incorporate research issues and stimulate thinking. Figures and tables are provided that can be used in the classroom to facilitate the discussion. Particular issues addressed are the independent assessments of inherent and control risks and the mathematical form of the audit risk model. Recent discussions about higher education in general (Barnett, 1992; McCaughey, 1992), and accounting education in particular (AECC, 1990 & 1992), have questioned the relationship between teaching and research. At the same time, the largest accounting firms in the U.S. have asked educators to produce graduates who are not only well-trained but also capable of critical thinkin