The AACSB Eligibility Procedures and Standards for Business Accreditation (AACSB 2007), approved in 2003 and fully implemented in 2005, explicitly recognize the importance of assessment of student learning in the continuous improvement of the curriculum in its Assurance of Learning Standards. This change in the Assurance of Learning Standards requires all business schools (those currently accredited by AACSB and those seeking initial accreditation) to adapt their assessment activities to meet the new standards. In response to the new Assurance of Learning standards, we have developed a capital budgeting project appropriate for cost accounting, intermediate accounting, or financial management courses to assess students’ ability to use technology appropriate to their discipline.
This article is from the Accounting Instructors’ Report, an electronic journal that provides teaching tips and insights to those who teach accounting and other business courses.
Marsha Weber, Minnesota State University, Moorhead
Ben Clapp, Minnesota State University, Moorhead