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Fifth Year Maintenance Report - AACSB - The University of Texas at ...

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met since we began using th<strong>at</strong> test. <strong>The</strong> PACE administr<strong>at</strong>or reviewed the test and the coverage <strong>of</strong>m<strong>at</strong>erial in Accounting Principles with the lead instructors. <strong>The</strong>re appeared to be a combin<strong>at</strong>ion <strong>of</strong> anew testing form<strong>at</strong>, a weak student pool and a need to emphasize some topics in Principles moreheavily. <strong>The</strong> necessary changes were made and the spring assessment was in line with prior semesters.While criteria were met, the assessment did identify areas <strong>of</strong> weakness th<strong>at</strong> are beingaddressed. Item 1b indic<strong>at</strong>es a continuing weakness in three areas rel<strong>at</strong>ed primarily to cost accounting.A committee <strong>of</strong> the instructors for Principles <strong>of</strong> Accounting II (Managerial Accounting) and CostAccounting has been formed to evalu<strong>at</strong>e the entire sequence <strong>of</strong> courses in th<strong>at</strong> area to recommendchanges to the Undergradu<strong>at</strong>e Program Committee with regard to our tre<strong>at</strong>ment <strong>of</strong> Cost Accounting.This may result in some change in the curriculum for the next undergradu<strong>at</strong>e c<strong>at</strong>alog.A review <strong>of</strong> the results for item 2a indic<strong>at</strong>es th<strong>at</strong> the majority <strong>of</strong> students having difficulty in thisarea are finance majors who have to take Intermedi<strong>at</strong>e I and Intermedi<strong>at</strong>e II as part <strong>of</strong> their major. Thishas been a continuing problem with the Intermedi<strong>at</strong>e Accounting courses. We have held discussionswith the Finance Department and are developing a special intermedi<strong>at</strong>e accounting topics course forfinance majors th<strong>at</strong> will be included in the next c<strong>at</strong>alog revision.A detailed analysis <strong>of</strong> item 3a by the faculty who teach Accounting Inform<strong>at</strong>ion Systems hasdetected specific weaknesses in the spreadsheet abilities <strong>of</strong> the students in those classes. As a resultthe faculty in those classes have adjusted the emphasis <strong>of</strong> their instruction to concentr<strong>at</strong>e more time onthe specific areas <strong>of</strong> weakness detected through the assessment exercise.Finally, the assessment tool was changed <strong>at</strong> the beginning <strong>of</strong> the 2010-2011 academic year foritem 2a. <strong>The</strong> faculty teaching Intermedi<strong>at</strong>e I decided th<strong>at</strong> the tool we were using, a general writtenassignment, did not measure the learning outcomes well enough to be useful. <strong>The</strong>y developed a newassessment tool and with the approval <strong>of</strong> the program committee implemented it <strong>at</strong> the beginning <strong>of</strong>the fall semester.40

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