Accountancy, MSA Learning Outcomes

Learning Goal 1: Content Knowledge  

Outcome: Graduates will be competent in and able to apply the technical and industry knowledge of the discipline of accounting. 

Performance/Measurement Criteria 

1. Record the business transactions for companies and prepare adjusting entries in accordance with GAAP in the US. 
2. Prepare financial statements and notes for publicly held companies in accordance with GAAP in the US. 

Learning Goal 2: Critical Thinking/Analytical Reasoning Skills 

Outcome: Graduates will utilize the conceptual foundations of accounting to engage in rigorous critical thinking and analytical reasoning. 

Performance/Measurement Criteria 

1. Conduct Ratio Analysis
2. Incorporate the ratio analysis in the Audit Plan

Learning Goal 3: Communication Skills 

Outcome: Graduates will demonstrate competence in both written and oral communication skills. 

Performance/Measurement Criteria 

1. Prepare Financial Statements 
2. Write Accounting Reports/Business Letters 
3. Written and Oral Presentation of Financial Data 

Learning Goal 4: Ethical Responsibility 

Outcome: Graduates will be able to identify ethical responsibilities of an accounting professional and communication with end users of financial data.

Performance/Measurement Criteria 

1. Recognize issues referred to in the AICPA Code of Professional Conduct. 
2. Cite the Generally Accepted Auditing Standards and apply these standards to financial statement audits.