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Updating the MAcc curriculum in response to stakeholder needs and CPA exam changes: Resources and results from one School’s journey

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  • Bostwick, Eric D.
  • Grant, Dustin Micah
  • Lambert, Sherwood Lane
  • Lucas, Patrick
  • Prescott, Gregory L.

Abstract

Both professionals and academics have called for changes to the accounting curriculum over the past 20 years, and more recent research (e.g., Albring & Elder, 2020) has asked schools to share not only their curriculum changes but also the motivations for these changes. This paper responds to these calls by not only providing the results of and rationale for an accounting curriculum change but also sharing the research and processes that supported the change. The six-step process employed in this paper was used to review and revise the Master of Accountancy (MAcc) curriculum at a mid-size Florida university with a strong emphasis on career preparation and student success on the CPA Exam. The results and resources presented include benchmarking curriculum analyses (e.g., tracks offered, number of courses by type, required versus elective courses), techniques for sharing benchmark information with stakeholders, and internal and external stakeholder surveys. Although some resources may be of immediate use “as-is,” it is more likely that schools will be able to enhance, refine, or alter the processes to align with the particular needs and objectives of their stakeholders.

Suggested Citation

  • Bostwick, Eric D. & Grant, Dustin Micah & Lambert, Sherwood Lane & Lucas, Patrick & Prescott, Gregory L., 2023. "Updating the MAcc curriculum in response to stakeholder needs and CPA exam changes: Resources and results from one School’s journey," Journal of Accounting Education, Elsevier, vol. 64(C).
  • Handle: RePEc:eee:joaced:v:64:y:2023:i:c:s0748575123000295
    DOI: 10.1016/j.jaccedu.2023.100857
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    References listed on IDEAS

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    1. Cynthia Bolt-Lee & Sheila Foster, 2003. "The core competency framework: a new element in the continuing call for accounting education change in the United States," Accounting Education, Taylor & Francis Journals, vol. 12(1), pages 33-47.
    2. Pincus, Karen V. & Stout, David E. & Sorensen, James E. & Stocks, Kevin D. & Lawson, Raef A., 2017. "Forces for change in higher education and implications for the accounting academy," Journal of Accounting Education, Elsevier, vol. 40(C), pages 1-18.
    3. Apostolou, Barbara & Dorminey, Jack W. & Hassell, John M. & Rebele, James E., 2017. "Analysis of trends in the accounting education literature (1997–2016)," Journal of Accounting Education, Elsevier, vol. 41(C), pages 1-14.
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    1. Monique Micallef & Cheryl Mifsud & Lauren Ellul & Peter J. Baldacchino & Simon Grima, 2023. "The Skill Set Required in the Accounting Workplace: Perspectives of Accounting Graduates and Warrant Holders," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 117-145.

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