APLG/FSA Annual Meeting
February 11, 2013
Jon Davis
University of Illinois
and
and Jerry Trapnell
• Two members from BRC (Jan Williams and George
Krull) and involvement with Pathways Commission
• Current chair and vice-chair of AAC (Jon Davis and
Ray Whittington)
• Past chair of AAC (Jan Williams)
• Current and past members of AAC (George Krull,
Mary Stone, and Dick Dietrich)
• Wealth of peer review experience with business
and accounting reviews
• Relied on work of BRC
• Pathways Commission report issued in August
2012
• Presentation at 2012 AAA meeting
• Discussions at AAC meetings
• Discussions at 2012 APLG/FSA Annual Seminar
to initiate dialogue
Timetable Toward April
2013
• Jan. 16 – Distribution of revised, updated
standards to Working Group
• Jan. 19 – Exposure draft released to AACSB
membership and public
• Jan. 23-25 – AACSB Deans Conference
• Feb. 9-11 – APLG/FSA Presentations on Acct Stds
• April 8 – Vote by Accreditation Council
• March - December 2013 – Committee, PRT and
mentor training
Working Group Charge and
Status
• Comprehensive review of:
– Accreditation standards and eligibility criteria –
Completed
– Accreditation processes and related organizational
structure – On-going
– Accreditation support services – On-going
• Items 2 & 3 – On-going responsibility will be
turned over to the Accreditation Quality
Committee
• Working Group sunsets May 15, 2013
• Reduces 15 acct standards to 10
• Incorporates 9 applicable business standards
into one standard (A1) but focuses only on
incremental, unique reporting if necessary
• Focus is on unique attributes of quality and
continuous improvement for accounting
academic units
• Follows same structure as the business
standards
• Focuses on supporting the evolution of accounting as a
learned profession
• Recognizes the importance of student outcomes on
professional examinations for licensure where mission
includes this focus
• Aligns well with the Pathways Commission Report
recommendations on faculty and student professional
engagement and interactions, enhanced curricula
content on technology, and faculty credentials reflecting
the profession
What’s Changed cont’d
• Standard A1 identifies the business standards the
accounting academic unit must meet as part of
business accreditation. Reporting only if unique
facts to be shared.
• Standards A2, A3, A4, A5, A6, A10 follow business
standards but require acct units to report in depth.
Some unique expectations added
• Standards A7, A8, and A9 unique accounting
standards on curricula, IT expectations, and
faculty professional experience and credentials
Continues this theme from
the business standards
exposure draft
Demonstrating commitment to core values and Guiding
Principles
Criteria 1: Ethical Behavior
Criteria 2: Collegiate Setting
Criteria 3: Commitment to Corporate Social Responsibility
Setting and framing the foundation for review.
Criteria 4: Accreditation Scope and AACSB Membership
Criteria 5: Oversight, Sustainability, and Continuous Improvement
Criteria 6: Policy on Continued Adherence to Standards and
Integrity of Submissions to AACSB
Section 2: Standards for
Accounting Accreditation
Std A1
Applicable Business Standards
• Standard 4 – Student Admissions, Progression,
and Career Development
• Standard 6 – Faculty Management and Support
• Standard 7 – Professional Staff Sufficiency and
Deployment
• Standard 9 – Curricula Content (for business)
• Standard 10 – Student-Faculty Interactions
Std A1 Cont’d
Applicable Business Standards Cont’d
• Standard 11 – Degree Program Educational Level,
Structure, and Equivalence
• Standard 12 – Teaching Effectiveness
• Standard 13 - Student Academic and Professional
Engagement
• Standard 14 – Executive Education
Accounting-Business Stds Links
Std A2 (Mission, etc)
Std A3 (Intellectual
Contributions)
Std A4 (Financial
Strategies, etc.)
Std A5 (Faculty
sufficiency)
Std A6 (Curricula Mgt)
Std 1 (Mission)
Std 2 (Intellectual
Contributions)
Std 3 (Financial Strategies,
etc.)
Std 5 (Faculty Sufficiency)
Std. 8 (Curricula Mgt)
Accounting-Business Stds Links
Std A7 (Acct Curricula
Content)
Std A8 (Acct Info
Technology Outcomes)
Std A9 (Faculty
Professional Experience
and Credentials)
Std A10 (Acct Faculty
Qualifications,
Engagement/Professional
Interactions)
None (Structured like Std.
9)
None
None
Std 15 (Faculty
Qualifications and
Engagement)
Accounting Mission, Impact, and
Innovation
Deepening our understanding of mission
Strategic Management and Innovation
Accounting Intellectual
Contributions and
Alignment with Mission
Beyond counting: valuing the impact and
quality of scholarship
Strategic Management and Innovation
Accounting Financial Strategies
and
Allocation of Resources
Financial strategies to sustain
quality and innovation
Strategic Management and Innovation
Standard A5:
Accounting Faculty Sufficiency and
Deployment
Ensuring an appropriate level of engaged faculty
Participants: Students, Faculty, and Professional Staff
Standards A6-A8:
Accounting Curricula Management
and Assurance of Learning
Giving context to Assurance of Learning
Learning and Teaching
Accounting Curricula Content
Fostering innovation with flexible guidance
and clarified expectations
Learning and Teaching
Std A8
Accounting Related Information
Technology Outcomes
Addressing emerging demands for enhanced
understanding of technological impact
Standards A9-A10:
Std A9
Accounting Faculty Professional
Experience and Credentials
Linking accounting faculty to the accounting
profession
Accounting Faculty Qualifications
and Engagement/Professional
Interactions
Elevating scholarship and developing
intersections between theory and practice
Academic and Professional Engagement
Sustained engagement activities
Initial academic
preparation and
professional
experience
Significant
professional
experience
Doctoral
degree
SA + PA + SP + IP ≥ 90 percent
SA + PA + SP ≥ 60 percent
SA ≥ 40 percent
Academic
(Research/Scholarly)
Applied/Practice
Scholarly
Practitioners
(SP)
Instructional
Practitioners
(IP)
Scholarly
Academics
(SA)
Practice Academics
(PA)
Timeframe from this Point
• By February 20, 2013, finalize draft based on
input from this meeting and other input from
the AACSB constituency
• Obtain Accounting Standards Working Group
Approval and final approval by AACSB Board
of Directors
• Issue official notice of vote with final versions
of business and accounting standards with
voting directions
Questions and
Comments