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

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(1) Moving the importance of research to second place after teaching but before service. This change reflects the importance placed by faculty on academic research in supporting a quality graduate and undergraduate Accounting programs. (2) Eliminating “Areas of Concentration that are the cutting edge …” from the Achieving Our Vision and Mission statements. This change reflects the department’s decision to eliminate accounting MBA concentrations and reduce the number of tracks in the MS in Accounting program to two (assurance services and controllership). Additionally, the faculty revised both the undergraduate and graduate accounting programs to establish an integrated five-year program. (3) Adding “Practice” after ethics in the Achieving Our Vision and Mission statements. This last change highlights the Department’s place within the Accounting profession and the belief that ethics must be grounded in professional practice if it is to influence future members of the Accounting profession. During AY07 the Department plans on revising its goals and objectives to ensure they are effective in measuring the Department’s progress toward its mission. Assurance of Learning The Department completed its second comprehensive assessment for both the BSBA in Accounting and the MS in Accounting (MSA) programs (see Appendices 2 & 3). The Department revised its learning goals and measures based on the results of the first assessment plan completed in AY05. The Department plans to work with its constituents to revise the goals and measures during AY06. The AY05 assessment report reported that the Department would track alumni performance on the CPA Exam, gather alumni and recent graduate perceptions using a unique questionnaire, and assess student performance in the first Intermediate Accounting and Managerial Accounting courses. The Department subscribes to the National Association of State Board of Accountancy (NASBA) publication, Candidate Performance on the Uniform CPA Examination. The Department noted a substantial decrease in the pass rates of its alumni during 2005 from previous years. However, the department will continue to monitor the pass rates to determine if the 2005 results were due to the computerization of the exam or a permanent trend requiring action. The Department relied on the CBPA Career Management Center for the second action (gathering alumni and recent graduate perceptions). However, personnel turnover prevented the Career Management Center personnel from completing this important assessment. Consequently, the Department mailed a questionnaire to recent graduates and alumni who graduated five years ago during the later part of Summer 06. The Department will revise this maintenance report when the questionnaire results become available. Finally, the department did complete an assessment of student learning in the first Intermediate Accounting and Managerial Accounting courses.
The Department plans on conducting a comprehensive assessment during AY07. Curriculum Revision The Department working with its constituents and the results of the strategic planning and assessment processes revised both the undergraduate and graduate programs. The accounting faculty reduced the number of hours in accounting courses to 21 from 24 while retaining the number of hours in accounting electives at 3. “Financial Auditing” was made an elective while the other accounting electives (advanced accounting, government/nonprofit accounting, and corporate/partnership taxation) were retained. The Department changed the graduate program to integrate it with the undergraduate program producing a true five-year program. The number of prerequisite courses was reduced to three accounting courses – six hours in financial accounting and three hours in managerial. The number of tracks was reduced to two: Assurance Services and Management Accounting. The Assurance Services track qualifies as an Internal Audit Endorsed Program (IAEP) with the Institute of Internal Auditors. Accounting faculty felt that having only two tracks focuses the department resources while giving students some choice. Student Recruitment and Retention The Department relies on the Colleges Undergraduate Advising Office for student advising during the first and final semester of a student’s matriculation. Department faculty, coordinated by the Undergraduate Student Advisor, advise undergraduate students beginning with the student’s second semester and continuing until the semester before their final semester. The Undergraduate Student Advisor advises all students seeking a second undergraduate degree in accounting and the Graduate Program Director advises all MSA students. Both accounting student organizations, Beta Alpha Psi (BAP) and the Managerial Auditing and Accounting Club (MAAC), had excellent years with increased membership and attendance. MAAC continues to be the only student chapter of the Association of Government Accounting. During AY07, the Department plans to make the MAAC evening division the student association for MSA students. The Vice President – Evening for AY07 is a graduate student. The Department also plans to advertise its MSA program in local newspapers and hold at least one open house for prospective candidates. Also during AY07, the Department working with the University Career Management Center plans on holding the first Accounting Job Fair in approximately 18 years.
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 23 and 24: addition, the College and Universit
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 39: Appendix 9 - Department of Accounti
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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