Goal 1: Students acquire advanced technical accounting knowledge measured by their ability to meet objectives.
Objective 1: Understand, analyze and apply complex accounting concepts.
Objective 2: Develop proper financial reporting alternatives when either the FAS or IAS is ambiguous, supported by appropriate authoritative literature in situations requiring complex financial analysis.
Objective 3: Demonstrate an understanding of technical knowledge necessary to formulate recommendations designed to achieve operational objectives such as minimizing cost, reducing risk or increasing efficiencies.
Goal 2: Students understand that effective leadership in businesses and organizations is a social process involving taking initiative and influencing others to take action that results in creating value for stakeholders and organizations.
Objective 1: Demonstrate awareness that they are leaders responsible for taking initiative to address team and organization challenges and opportunities.
Objective 2: Know how to use interpersonal communication and influence in teams and organizations to facilitate results that honor both the perspective of those involved and the needs of the organization.
Goal 3: Students demonstrate critical thinking skills measured by their ability to meet objectives.
Objective 1: Develop sound recommendations that effectively achieve operational objectives for a complex accounting issue.
Objective 2: Critically analyze the inherent reporting risk in either a FAS or IAS, clearly identifying the inherent reporting risk and how effective the standard is in responding to the reporting risk.
Objective 3: Critically analyze how decisions that are driven by financial considerations influence corporate culture or organizational/employee behavior.
Goal 4: Students recognize, describe and critically evaluate ethical dilemmas in terms of stakeholders and the common good and offer an ethically defensible recommendation measured by their ability to meet objectives.
Objective 1: Identify ethical and/or public interest issues embedded in an accounting topic and formulate recommendations that are consistent with the public interest.
Objective 2: Demonstrate understanding of the AICPA’s code of professional conduct.