Category: Finance and Accounting

Faculty of Business and Law

School of Economics, Finance and Accounting

Academic Year: 2021-22

Project Leader: Nikhil Sapre

Partner University(s)/Organisation(s): University of CEMA (Argentina) & Connecticut College (United States of America)

Project Overview:

This Collaborative Online International Learning (COIL) project involved students from three universities: Coventry University (UK), University of CEMA (Argentina) and Connecticut College (USA). Each of the participating universities had to examine and investigate the stocks and indices from their respected country. This project also required students to demonstrate the necessary skills to conduct a risk assessment of international equities and markets using statistical analysis.

This COIL project aimed to develop students’ skills for working within globally dispersed cross-cultural teams as well as gaining awareness of issues and challenges in intercultural relationship building.

Online Tools Used: Open Moodle, Statistical Software, Zoom

Faculty of Business and Law

School of Economics, Finance and Accounting

Academic Year: 2021-22

Project Leader: Rashedul Hasan, Muhammad Ashfaq

Partner University(s)/Organisation(s): Wittenborg University of Applied Sciences (The Netherlands)

Project Overview: This project required students to collaborate and explore the subjects of IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles) in the context of Brexit.

Within this project, students from both institution collaborated using MS Teams and Padlet to discuss the similarities and differences between IFRS and GAAP as well as the implications of Brexit (if any) on reporting for the UK and European firms. After the meeting, each team provided their findings on a Padlet page.

This project allowed participating students to develop collaborative skills using both synchronous and synchronous communication as well as critically evaluate post- Brexit business challenges and accounting implications for firms in the UK and EU.

In addition, the lecturer noted that some of the year 3 students who participated in this project highlighted their COIL participation in their postgraduate applications and received favourable offers from several UK Universities.

Online Tools Used: Open Moodle, Google Docs, Padlet, MS Teams

Faculty of Business and Law

School of Economics, Finance and Accounting

Academic Year: 2020-21

Project Leader: Mehul Chhatbar

Partner University(s)/Organisation(s): Hanson College (Canada)

Project Overview:

A COIL project was organized for PG students of Coventry University undertaking 7049EFA – Financial Statement Analysis with Hanson College where 21 students (12 from CU and 9 from Hanson College) were divided into two groups to analyse the financial statement of British Airlines and Air Canada.

Students in each group studied the statements using various analysis techniques and, using the PowerPoint slides, presented the financial position of both companies to represent the impact of covid. Interestingly enough, the students worked beyond expectations comparing the two companies with other leading airline companies within the industry in both countries and presented their findings. They enjoyed sharing their ideas and worked collaboratively overcoming various barriers such as different time zones and specific cultural dimensions.

Overall impact presents that 80% of students were satisfied with the COIL activity as it added to their skills such as critical thinking, team building attitude, confidence, time management, managing inter-cultural communication and enhancing prospective learning.

Online Tools Used: Open Moodle, Zoom

Faculty of Business and Law

School of Economics, Finance and Accounting

Academic Year: 2020-21

Project Leader: Dimitris Serenis

Partner University(s)/Organisation(s): University of Girona (Spain)

Project Overview:

Building on the changes in exchange rate levels, this project allowed the Coventry University and Girona University students to conduct a review and compare the effects of the exchange rate to relevant areas of the economy. Through a set of related questions and case studies involving exchange rate values between the two nations, students learned how exchange rates could affect them as well as the different areas of their nation’s economy.

Virtual live sessions allowed the students to interact, engage and relate these concepts to their taught material. By taking part in this project the students developed an understanding and appreciation of the effects of exchange rate movements on different areas of the economy.

Online Tools Used: Open Moodle

Faculty of Business and Law

School of Economics, Finance and Accounting

Academic Year: 2020-21

Project Leader: Suliman Joosub

Partner University(s)/Organisation(s): Rhodes University (South Africa)

Project Overview:

This project allowed a partial simulation of a real world audit team. Using Skype, the students simulated an audit junior meeting with an audit senior. The simulation enabled them to get a better insight into the real world practical application of the auditing theory. They were expected to work in an audit team with a manager and ask the questions in order to be able to complete the audit working papers and generate the necessary evidence to provide an opinion on the financial statements.

The reason for this role playing was that the South African students were exposed to auditing for an entire year and were therefore more knowledgeable about this subject.

This COIL project was mandatory for the students and linked to assessment-the students were awarded 5% towards the coursework.

Online Tools Used: Skype

Things to remember:

1. We always evaluate but not always assess-we evaluate every COIL project by implementing the reflective element at the end and gathering student feedback, however, we do not always assess the students.
2. A COIL project can be either voluntary or mandatory for the students.

Faculty of Business and Law

School of Economics, Finance and Accounting

Academic Year: 2020-21

Project Leader: Mark Holmes

Partner University(s)/Organisation(s): Artevelde University of Applied Sciences (Belgium), Rotterdam University of Applied Sciences (Netherlands), Henallux University College (Belgium), Bern University of Applied Sciences (Switzerland)

Project Overview:

As a replacement for the International Tax Week field trip the IDTE was an attempt to bring the same insights and activities of a field trip to a virtual context. The event involved the participation of 5 universities.

The event involved guest lecturers from academia and industry introducing key concepts as required to allow students to progress. The case study was focused on transfer pricing and the complexities or recognising the value of intangibles in the context of the videogame industry.

Students completed a number of tasks in mixed university groups to be able to address needs arising during the event. This included providing accurate calculations, reference to legislation and guidance as well as considering wider sustainability and CSR issues.

Online Tools Used: Email, Microsoft Teams