College of Business and Aviation Division of Accountancy, Computer - PDF document

College of Business and Aviation Division of Accountancy, Computer Information Systems, & Finance Student Learning Outcomes 2017-2019 Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 1

Program Outcomes – Accountancy Accounting majors will demonstrate the ability to prepare a Balance Sheet, an Income Statement, and a Cash Flow Statement, the foundational financial statements used in business, in accordance with United States Generally Accepted Accounting Principles (USGAAP). Accounting majors will demonstrate the ability to perform an audit in accordance with United States Generally Accepted Audit Standards. Accounting majors will demonstrate the ability to prepare a Federal Income Tax Return. Accounting majors will demonstrate the ability to account for project costing. Accounting majors will demonstrate the ability to perform transactional accounting in order to determine that governmental funds were used appropriately. BACHELOR OF BUSINESS ADMINISTRATION (BBA) ACCOUNTANCY - Financial Accounting Comparative Information and Data Analysis of Results Performance Measure Data Collection Results of Analysis and Action (Competency) (Evidence) Evaluation Taken Evaluation of In AY 2018-19, The faculty consider A . Sixty-seven percent (67%) of accounting majors will these financial 83% of other courses in demonstrate the ability to statements in accounting which financial prepare a Balance Sheet, an appropriate majors prepared statement Income Statement, and a Cash accounting acceptable preparation and Flow Statement, the classes. financial analysis may be foundational financial statements, incorporated OR statements used in business, in accordance with United States compared to 86% Because these are Generally Accepted Accounting in AY 2017-18, foundational Principles (USGAAP). and 83% in AY concepts in this 2016-17. discipline, the faculty will continue to monitor this percentage. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 2

BACHELOR OF BUSINESSADMINISTRATION (BBA) ACCOUNTANCY - Auditing Analysis of Results Performance Measure (Competency) Data Collection Results of Analysis and (Evidence) Evaluation Action Taken B. Three-fourths of Accounting majors will demonstrate the ability to perform Evaluation of students’ In AY 2018- The faculty is an audit in accordance with United audit reports in ACC 475 19, 82% of contemplating States Generally Accepted Audit - Auditing accounting teaching Standards. majors methodology and submitted additional acceptable resources to audit reports strengthen compared to learning because 92% in AY auditing is a 2017-18, and critical accounting 86% in AY function. 2016-17. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 3

BACHELOR OF BUSINESS ADMINISTRATION (BBA) ACCOUNTANCY - Taxation Analysis of Results Performance Measure Data Collection (Evidence) Results of Analysis and Action (Competency) Evaluation Students were required to prepare Taken C. Accounting majors will income tax returns using supplied data In AY 2018- demonstrate the ability to in ACC 452. 19, 96% of Faculty will continue to prepare a Federal Income Tax accounting require the Return. majors preparation prepared of tax acceptable returns in federal tax order to returns monitor the compared to ability of our 90% in AY students. 2017-18, and 91% in AY 2016-17. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 4

BACHELOR OF BUSINESS ADMINISTRATION (BBA) ACCOUNTANCY - Management or Cost Accounting Analysis of Results Performance Measure (Competency) Data Collection Results of Analysis and (Evidence) Evaluation Action Taken D. Sixty-seven percent (67%) of accounting majors will demonstrate the ability to Evaluation of In AY 2018-19, The faculty teach various account for project costing. students’ budgets 80% of types of jobs for project costing accounting to illustrate in ACC 361-Cost majors project Accounting. correctly costing OR created flexible Master budgets and budgets will be developed Master budgets by teams as a for project class project costing and Flexible compared to budgeting will 71% in AY be included. 2017-18, and 82% in AY 2016-17. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 5

BACHELOR OF BUSINESS ADMINISTRATION (BBA) ACCOUNTANCY - Governmental or Not-For-Profit Accounting Analysis of Results Performance Measure (Competency) Data Collection Results of Analysis and (Evidence) Evaluation Action Taken D. Sixty-seven percent (67%) of accounting majors will demonstrate the ability to Evaluation of In AY 2018-19, The faculty will continue perform transactional accounting in order to students’ general 87% of to review U.S. determine that governmental funds were accounting journal accounting Generally used appropriately. entries involving majors Accepted governmental demonstrated Accounting funds. the proper Principles recording skills (USGAAP) to insure to accurate appropriately instruction account for regarding the governmental accounting of transactions this type of compared to funds. Faculty 74% in AY will continue to monitor 2017-18, and this important 69% in AY function. 2016-17. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 6

Program Outcomes – Computer Information Systems Computer Information Systems majors will demonstrate the ability to analyze, design and implement an information system to meet desired needs. Computer Information Systems majors will demonstrate the ability to maintain computer information system security. BACHELOR OF BUSINESS ADMINISTRATION (BBA) COMPUTER INFORMATION SYSTEMS - Information Systems Design Analysis of Results Performance Measure Data Collection Results of Analysis and Action (Competency) (Evidence) Evaluation Taken A. Sixty-seven (67%) percent of Evaluation of the In AY 2018-19, Faculty members are constantly computer Information Systems analysis 93% of CIS majors analyzing the majors will demonstrate the performed and were able to information system ability to analyze, design and the solutions analyze, design needs of businesses implement an information recommended to and implement and adjusting system to meet desired needs. particular an information problems and information system to meet projects to reflect this rapidly changing system problems; desired needs, environment. Evaluation of a compared to 92% . team project for in AY 2017-18, the design & and 85% in AY implementation 2016-17. of a complete information system. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 7

BACHELOR OF BUSINESS ADMINISTRATION (BBA) COMPUTER INFORMATION SYSTEMS - Information Systems Security Analysis of Results Performance Measure Data Collection Results of Analysis and Action (Competency) (Evidence) Evaluation Taken B. Sixty-seven percent (67%) of Evaluation of the In AY 2018-19, Faculty are constantly computer Information Systems security design of 60% of CIS majors analyzing the majors will demonstrate the an information were capable of security needs of ability to maintain computer system. evaluating a information system information system security. security system and adjusting for an existing problems and information projects to reflect this rapidly system as changing evidenced by environment. their passing the newly introduced Security TestOut Certification exam compared to 67% in AY 2017-18 and AY 72% in AY 2016- 17. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 8

Program Outcomes – Finance Finance majors will be able to measure or formulate the time value of money, capital budgeting, risk and return, and working capital management. Finance majors will be able to evaluate investments (stocks and bonds). BACHELOR OF BUSINESS ADMINISTRATION (BBA) FINANCE - Financial Management Analysis of Results Performance Measure Data Collection Results of Analysis and Action (Competency) (Evidence) Evaluation Taken A. Sixty-seven percent (67%) of Evaluation of In AY 2018-19, The Faculty analyze different business finance majors will be able to students’ tests 80% of finance scenarios and case measure or formulate the time scores and case majors were able studies to teach value of money, capital studies on the to measure or these concepts. budgeting, risk and return, and time value of formulate the working capital management. money, capital time value of budgeting, risk money, capital and return, and budgeting, risk working capital and return, and management. working capital management. compared to 80% in AY 2017-18 and AY 2016-17. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 9

BACHELOR OF BUSINESS ADMINISTRATION (BBA) FINANCE - Principles of Investing Analysis of Results Performance Measure Data Collection (Evidence) Results of Analysis and (Competency) Evaluation Action Taken Evaluation of students’ B. Seventy-five percent investment programs. In AY 2018-19, The Faculty consider different (75%) of finance majors 90% of finance stocks and bonds will be able to evaluate majors enrolled for student investments (stocks and in FIN 450, analysis. bonds). correctly evaluated securities based on yield and security in assigned projects compared to 90% in AY 2017- 18 and AY 2016- 17. Division of ACC/CIS/FIN Student Learning Outcomes –FY 2017-FY 2019 Page 10