Nurul Najid

Production is a process of transforming resources into goods and services that have exchange value. It is a very tough topic where students need to identify the best production processes, determine the significant selling price of the product and services and plan the competitive strategies in order to be efficient and gain more profit. Students may conclude to misunderstand the concept and not confident in making business decision. Too many theories and concepts may hurt students' concentration and contribute to complexity in their study. The introduction of Smart Trader game in class as an interactive learning style may help students a lot compare to the conventional method such as having lecture and reading textbooks. In this game, students are divided into three groups. Each group has been given an envelope consists of different set of resources. They need to produce paper boxes and sell them to the trader to get the best selling price. At this stage, students need to determine the cost of production, set markup price and sell the product to a local market trader with agreed selling price. Students also have to prepare the financial statement as a document to disclose the financial activities and position of a business. Using an experimental approach, this paper compares the performance of students when they learn through the game and lecture. The result shows that students can increase their understanding in production theory and achieve higher grade when game is applied in the class compare to traditional method of learning.

Students' negative perception towards Auditing has caused them to lose interest in this subject. Most of the students feel that auditing is a dull subject because they are unable to imagine what Auditing is all about. Inexperience in auditing makes them to think that Auditing is a difficult subject to understand. Therefore, the Smart SAIC V1 is a template that has been invented into an innovation approach of learning. This is an alternative method of learning that encourages students to be competitive and interactive learners. The students will use this Smart SAIC V1 template to guide them to a real audit process by themselves. It is expected that they will thoroughly understand the auditing process which involved audit planning and procedures. Additionally, it is also beneficial to the lecturers who have no or less experience in teaching Auditing subject because this template comprises of step by step instructions. Besides, small business entrepreneurs might also find Smart SAIC V1 useful to evaluate their business internal control system.