BRENTWOOD, Tenn., Oct. 3, 2016 /PRNewswire/ -- Confirmation.com, the world's leading provider of secure audit confirmation services, announced today that the "Simply Soups Inc.: A Teaching Case Designed to Integrate the Electronic Cash Confirmation Process into Auditing Curriculum" received the Teaching Innovation Award from the Forensic Accounting Section of the American Accounting Association (AAA).
This teaching case was developed by Denise Downey, assistant accounting professor at Villanova University; Barbara Porco, accounting professor at Fordham University; Jay Thibodeau, professor of accountancy at Bentley University; and Confirmation.com.
The Simply Soups Inc. teaching case challenges students' critical thinking skills, and exposes them to the confirmation process, applicable auditing standards, and audit risk. As part of this case, students get a chance to confirm cash balances during a simulated audit using the latest confirmation technology edu.Confirmation.com, an educational version of Confirmation.com.
"It is critical for today's auditing curriculum to reflect the exciting changes that are occurring in practice with respect to technology," said Dr. Downey. "Gaining exposure to and exploring the leading confirmation technology in the classroom has been extremely beneficial to our students. I am honored that our work is being recognized by the AAA Forensic Accounting Section and thrilled this case has been used by more than 175 universities to date."
"We are excited to see Denise, Barbara, and Jay win this teaching innovation award," said Chris Schellhorn, CEO of Confirmation.com. "They work very hard to incorporate technology best practices into the auditing curriculum, and challenge their students to use these skills beyond the classroom. They are much deserving of this award."
"The hands-on experience auditing students get from this teaching case better prepares them for their first job as an auditing professional," said Brian Fox, president and founder of Confirmation.com. "More than 10,000 auditing students have completed this case, and as a CPA and a former professor, it's exciting to see an auditing classroom exercise transition into real practice."
Confirmation.com is the world's leading provider of secure online audit confirmations. Today, 13,000 audit firms confirm over $1 trillion annually with over 3,500 banks for 700,000 clients worldwide. Confirmation.com is used in over 125 countries by banks, companies, and law firms to respond to audit confirmation requests. For more information, visit Confirmation.com.
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