Annual Report 2016 – 2017

College Mission:

The College of Business provides quality business education, delivered by research engaged faculty, in partnership with the business community, to prepare students for professional careers and enhance regional economic development.

Strategic Initiatives:

  • Provide students with core business competency, discipline based knowledge, demonstrable, practical skills to enable/improve their professional careers.
  • Involve students in experiential and application based learning through partnerships with the business community and external constituents.
  • Support students’ professional development opportunities through investment in Career and Student Services and engagement with external partners.
  • Engage in applied, teaching and learning, and discovery scholarship.
  • Participate in and provide expertise to the external community and business profession.
  • Continuously improve through assurance of learning and response to the educational needs of our region.
  • Advance professional development opportunities for faculty and staff.

College Values:

  • Respect for our diverse students, colleagues, and communities
  • Integrity in our professional conduct.
  • Commitment to continuous improvement.
  • Accountability for our actions and results.

College Vision:

The College of Business serves as a catalyst to advance education and economic development in the state of Arkansas.

Teaching

The Department was approved to offer the Accounting BBA as an online-only degree beginning Fall 2017.

The faculty continued its review of the accounting curriculum. After meeting with accounting professionals in the community, it was determined that curricular changes were not desired. However, several changes to pedagogy were begun, including expanding the use of excel, and the use of common cases across courses. The faculty also developed a common look-and-feel for all online courses, with common student communication strategies.

Research

The Accounting faculty published 3 peer-reviewed articles and made 3 research presentations at professional conferences.

Service

The Accounting Society student organization hosted its annual CPE event on December 14. Over 100 accounting professionals attended. The Accounting Society also assisted Ashvin Vibhakar (Economics and Finance) in the Spring semester Ethics Forum.

Josh Kerr hosted 7 workshops for the Kenneth Pat Wilson Center for Economic Education.

Roger Dorsey as named Staff Editor of the Rocky Mountain Law Journal.  Roger also delivered a session on the Judicial Review of Tax Regulations to the monthly meeting of Central Arkansas CPA's, for which the CPA's earned one hour of CE credit.

Cynthia Johnson organized the Arkansas Society of CPA's annual Accounting Educator's conference.

Cynthia Taylor serves as Legislative Liaison to state legislators on behalf of the ASCPA.

The Accounting Society and Beta Alpha Psi participated in the CSTEP program at Camp Robinson, the FBLA conference hosted by the College of Business, worked at the Arkansas Food Bank, and participated for several weekends with the VITA tax assistance program.

Student Success

Doug Meyer was selected as the Outstanding Student in Accounting.

Many students completed internships during the spring semester, but only one used the internship for academic credit.

Faculty in the Department of Accounting fully participated in assessment activities of the college throughout the year:

  • Active participation on college assessment committees.
  • Team evaluation of assessment process and results: undergraduate and graduate.
  • Curriculum evolution based on assessment findings.

The following learning goals/objectives were assessed:

  • OBJECTIVE 1 Students will demonstrate effective written communication skills.
  • OBJECTIVE 3.1 Students will identify an ethical dilemma and identify the impact on identified stakeholders.
  • OBJECTIVE 3.2 Students will analyze alternative actions and consequences of behavior based on an identified Ethical Rule or Model.
  • OBJECTIVE 5.1 Students will demonstrate competence in each of the functional areas of business (accounting, economics, finance, management, operations, and information systems.
  • OBJECTIVE 5.2 Students will demonstrate knowledge of the issues involved in conducting business in a diverse, global environment.

The department has 3 priorities for the year. The first priority is to ensure a smooth launch of the online Accounting program.  The second priority is to improve retention. We have identified specific courses for attention. The third priority is to raise the profile of the department.

Enrollment (fall census, 1st major headcount, and SSCHs)

  • SSCH:  1784 (undergrad)
  • Majors: 226

 Retention Fall 2015 - Fall 2016 - 76%

 Personnel (number per category, tenure, and promotion, etc.)

 Category of Faculty

  1. Full Professor: 1
  2. Associate Professor: 4
  3. Assistant Professor: 1
  4. Instructor: 2