King’s College William G. McGowan School of Business Department Of Accounting and Finance

A New Vision Of Financial Services Has Emerged The vision is based upon the business environment of today. n Dynamic Environment n Worldwide Economy n Technology n Interpersonal Skills n Communication Skills n Range of Career Choices

Dynamic Environment n Focus Upon Use of Accounting Information n Governmental Influence – Taxation – Regulation – Access To Information – Internet – Speed – Types

AICPA Core Competency Framework n Competencies are critical – Traditional subject/content based curriculum is no longer sufficient n Information Value Chain – Graduates must be able to move up this chain – Technology Has Replaced Functions Associated With The First Two Stages

American Accounting Association, August, 2000 Information Value Chain n Stage 1 - Recording Business Events n Stage 2 - Summarizing Recorded Events n Stage 3 - Manipulating Data Into Useful Information n Stage 4 - Converting Information To Knowledge Useful To Decision Makers n Stage 5 - Use Knowledge To Make Value-Added Decisions

Competency Based Learning n King’s educational philosophy is based upon liberal learning competencies both in core courses and the Accounting major. n Nationally Recognized Program n Foster Stage 3, 4, and 5 Learning n Competencies – Critical Thinking – Effective Writing – Effective Oral Communication – Quantitative Analysis – Technology – Library and Information Literacy – Moral Reasoning/Ethics

Interpersonal Skills n Professional Involvement – Project Teams – Professional Organizations n Community Involvement – Civic Organizations

Effective Oral and Written Communication Skills n Oral Communication Skills – Clear oral presentations, technically accurate, complete and effectively delivered n Writing Skills – Prepare reports, letters and memoranda n Competency Growth Plans – Sophomore-Junior Diagnostic – Senior Integrated Assessment

Career Opportunities n Public Accounting n Industry n Government n Financial Planning n Professional Certification – CPA – CMA – CIA

Placement Statistics For Class of 2003 n Number of Accounting Graduates - 34 n Placement Results – Full-Time Employment - 29 – Volunteer Services/Other – 1 – Graduate School - 4

Placement Opportunities n Overall Total Campus Interviews n Interviews Granted To Accounting Graduates n 74% of Total Interviews Granted To Accounting Seniors n Number of Campus Visits by Public Accounting Firms - 14 n Number of Student Interviews by Public Accounting Firms - 93

Placement n U. S. Army Audit Agency n PricewaterhouseCoopers n Ernst & Young n KPMG n Parente, Randolph n Godiva Chocolatier, Inc. n Kronick, Kalada, Berdy & Company n Campbell Soup Company n Ingersoll-Rand n Prudential n The Videre Group n J. H. Cohn & Co. n Concannon, Gallagher, Miller and Company