Department of Accounting SWOT Analysis - College of Business ...

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Dr. Douglas E. Ziegenfuss continues to serve as Department Chair. Likewise, Dr. Otto Martinson serves as Graduate Program Director (GPD) for the Masters of Science in Accounting (MSA) program and Ms. Terry Kubichan serves as the Undergraduate Student Advisor. These individuals have served in their respective positions for three years providing much needed leadership continuity over the Department’s operations. The Department continued to focus on the action items during the 03 Academic Year (AY03). The Department was successful in raising more funds for research than in the Academic Year 03 (AY03) due to increases in annual contributions and the DOA 5k race surpluses. Several faculty members attended continuing education programs sponsored by KPMG, Price Waterhouse Coopers, and the Virginia Society of Certified Public Accountants. Two faculty members joined the Department faculty during AY03. Research productivity is more broadly based during AY03 than AY02. Newer hired faculty members are starting to produce quality journal articles while longer serving faculty members are maintaining their productivity at an acceptable level. Concerning assessment, the Department tried to identify methods for continuous improvement. The Department developed an undergraduate assessment exam composed of 100 multiple-choice questions (25 from each section) chosen at random from a CPA Review Course database. In addition, the Department used the results of competency studies by the AICPA, IIA, and IMA to evaluate course content and curriculum. 1. The adequacy of the resources available to support faculty appears to still need improvement. $40,000 over three years is not a great deal of money for developmental and research needs. Department Actions: During the past two years, the Department has increased its outreach to alumni by on-site visits, and participation in local chapters of professional organizations. Annual contributions to the Department have grown to $17,000 during the 2003 fiscal year. Likewise, the surplus from the Department’s annual 5K race grew to approximately $5,000 resulting in total contributions to the Department of $22,000 versus the previous annual average of $13,333. This represents a 65% increase. In addition, the Department is working with the College Research center in sponsoring a CPA review course that is projected to add $5,000 in additional funds each year. The Accounting Alumni Chapter has also been reactivated and its activities should result in additional annual contributions to the Department. The Department’s share of college and university resources has also increased. For example, during the 2003 Fiscal Year, the College transferred $5,000 in travel funds to the Department. In
addition, the College and University have awarded newly hired faculty members four summer grants of $5,000 each. 2. While research productivity in the aggregate increased, it was concentrated in two individuals. A broader cross-section of the faculty should be involved regularly in scholarship. If one or both productive faculty should leave, the situation would dramatically change. A broader cross section of the faculty is regularly involved in scholarship. Though one faculty member, Dr. Ted Englebrecht, who was responsible for much of the Department’s scholarship, left since the interim report, the Department’s research output was maintained because other faculty increased their scholarship. For the two year period, 2001-2002, faculty scholarship was distributed in the following manner: Tenured Faculty Refereed Publications National Proceedings Regional Proceedings Abdel Agami 4 2 8 Doug Ziegenfuss 6 1 4 Otto Martinson 6 0 2 Tim Mckee 2 0 2 Laurie Henry 1 1 2 Untenured Faculty: Stephen Gara, 1 st yr. 2 0 2 Yin Xu, 2 nd yr. 0 1 2 Robert Pinsker, 1 st yr. 1 0 2 = = = Department Totals: 22 5 24 Some additional points need to be made concerning the broadening of the research output among faculty members: • Each untenured faculty member came from a sound research orientated Ph.D. program (University of Memphis, University of South Carolina, and University of Southern Florida). • The newly hired faculty’s scholarship will benefit from improvements in the College research infrastructure. For example, all three untenured faculty members are given a reduced teaching load for their first two years and a $5,000 summer grant for one summer after their first full year of teaching. • Each untenured faculty member is supplied with graduate assistant resources and given reduced responsibility for service. • Two of the three untenured faculty members have won university summer grants of $5,000.
Page 1 and 2: Appendix 1 - Department of Accounti
Page 5 and 6: SHARED VALUES The following “Shar
Page 7 and 8: PERSPECTIVES GOAL NUMBER GOAL ACTIO
Page 9 and 10: PERSPECTIVES Internal Business Pers
Page 11 and 12: PERSPECTIVES Innovation and Learnin
Page 13 and 14: ACTION ITEM NUMBER ACTION ITEM ACTI
Page 15 and 16: ACTION ITEM NUMBER IBP-3A ILP-1A IL
Page 17 and 18: Dr. Yin Xu Xu, Y., and X. Xu. Socia
Page 19 and 20: With Patricia M. Meyers, “Audit C
Page 21: Appendix 6 - Department of Accounti
Page 25 and 26: The Department is still exploring t
Page 27 and 28: Review Course and the delivery of E
Page 29 and 30: class an assessment exam and, new d
Page 33 and 34: Tenured Faculty: AY04 AY05 Abdel Ag
Page 35 and 36: 4 5 Learning Goal Learning Goal Obj
Page 37 and 38: ATTACHMENT 2 (to Appendix 8) - MAST
Page 41 and 42: The Department plans on conducting
Page 43 and 44: Faculty Sufficiency and Faculty Int
Page 45 and 46: Attachment 1 (to Appendix 9): AY06
Page 47 and 48: Ethics: Students in Acct 631 comple
Page 49 and 50: FACULTY MEMBER AQ/PQ STATUS Profess
Page 51 and 52: TABLE 9-1 SUMMARY OF FACULTY SUFFIC
Page 53 and 54: TABLE 10-1: SUMMARY OF FACULTY QUAL
Page 55 and 56: TABLE 10-1: SUMMARY OF FACULTY QUAL
Page 57 and 58: TABLE 10-2. CALCULATIONS RELATIVE T
Page 59 and 60: Learning Goal Learning Goal Objecti
Page 61 and 62: Learning Goal Learning Goal Objecti
Page 63: Area and Learning Goals 3 Analytica

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