Fifth Year Maintenance Report - University of Minnesota

2. BAcc
Overall, considering all assessments conducted, the conclusion is that our BAcc students
performed well. Since the BAcc degree includes all the program learning goals of the BBA
degree, all of the assessment results described are applicable to the BAcc degree as well. The
assessment samples as reported in these tables included both BBA and BAcc students.
The BAcc degree includes two additional learning goals. The results of those assessments will
now be discussed:
• Understand the principles and practices of professional accounting.
− Students did not perform well in these assessments. After careful analysis it was
decided that some assessment questions need to be revised. Also, Accounting
faculty members decided that more class time needs to be devoted to some of the
concepts and principles on which students scored poorly. While some of these
changes have been implemented, more discussion among the Accounting faculty
needs to occur.
• Produce and interpret financial data for decision making.
− This learning goal was assessed using several methods. Students did extremely
well in an assessment using a financial reporting project in ACCT 3110, and no
changes were deemed necessary in either the assessment instrument or the
program. However, it was determined that two assessment questions should be
analyzed further. More discussion among the Accounting faculty needs to occur.
− Students also performed quite well when assessed using a financial ratio analysis
project in ACCT 3110. However, faculty decided that more attention needs to be
paid to preferred stock in the teaching of ACCT 3102. Faculty also need to
emphasize the definition of residual equity. These changes are currently being
implemented.
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