MBAPA Program Learning Goals & Objectives

Goal 1:  Students will apply current principles of accounting to the measurement and reporting of accounting information.

Objectives:  Students will be able to:

A.        Construct the financial statements in accordance with generally accepted accounting principles and analyze the strengths and weaknesses of each statement

B.        Valuate the reporting and valuation of assets and liabilities in accordance with generally accepted accounting principles.

C.        Evaluate the various alternatives to the measurement of income and the determination of financial position.

D.        Apply aspects of FASB’s conceptual framework to transactions and compare/contrast the reporting impact of the concepts applied.

Goal 2:  Graduates will know how to compare/contrast alternative business decisions, and evaluate the potential impact of these decisions on future financial performance.

Objectives:  Students will be able to:

A.         Demonstrate a sound understanding of cost behavior and analyze the differences resulting from fixed and variable costs in financial performance.

B.         Analyze the differences that result in financial reporting from the company’s choice of inventory costing techniques.

C.         Apply budgeting techniques in the preparation of static and flexible budgets.

D.         Evaluate effectiveness of controls and the methods used to test controls.

Goal 3:   Graduates will know the characteristics of internal control procedures needed in the aggregation of accounting information.

Objectives:  Students will be able to:

A.         Demonstrate understanding of the purpose of internal controls.

B.         Demonstrate understanding of principles of controls.

C.         Analyze relationship of technology and controls.

Goal 4:   Graduates will know how the external regulatory, legal, and ethical environments impact business decisions and financial reporting requirements.

Objectives:  Students will be able to:

A.        Apply different ethical frameworks in making business decisions.

B.        Apply both societal and governmental laws/regulations in making business decisions.

C.        Apply Federal Tax Law and regulation in the determination of taxable liability.