Indiana University Best Practices

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Indiana University Best Practices

• Laura Goff
• Michaela Karr

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Accounting for the FutureStep by Step
2002
2003
2001
Presentations
Pilot
Roll-out
Pilot
Roll-out
Case
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The Accounting Professions Urgent Problem
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Sources of Accountant Shortage
Student Ignorance
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Sources of Accountant Shortage

• Student Ignorance

Misinformation
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Sources of Accountant Shortage

• Student Ignorance

• Misinformation

Negative Perceptions
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Collaboration
AFF
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Our SolutionPresentations

• Target Juniors and Seniors
• College Preparatory courses
• i.e. Economics, AP classes
• Student Groups
• i.e. National Honor Society, Key Club

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Success Gauges
Scheduled
Completed
Total 50
Total 24
Note 100 success target 50 schools and 2000
students
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Presentation Specifics

• General career discussion
• Introduce accounting profession
• AICPA Takin Care of Business video
• Follow-up discussion
• Student Surveys

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Presentation Goals

• To positively impact number of students choosing
  accounting profession
  
• To meet school and student targets
• To offer our members opportunities for community
  and professional involvement

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BAP Student Involvement

• 20 Members
• 50 Hours to date
• 200 Hours projected

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IOU(Incorporating Other Universities)

• Universities targeted
• Indiana State
• Ball State
• Purdue
• Summer intern program
• Fall Training
• Statewide implementation

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Case Competition

• Addressing the student supply issue by providing
  an interactive business experience to complement
  the information from AFF presentations.

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Lights, CameraCalculator?

• Business plan format
• Given scenarios and guidelines
• Judged on written documents and presentation

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Scenario Movie Theater

• Based on real-life situation
• Recommendation about theater based on 3 options
• Leave as show theater
• Convert to movie theater
• Use as combination show theater and movie
  theater
  
• Judged on written plan and presentation

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Suggested Guidelines

• Executive summary
• Strategic assessment
• Market assessment
• Operations
• Financing

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Timeline of Pilot
APRIL
15th Give Case to Students
21st Mini-Lectures at IU
MAY
4th Competition at IU
May - ? - Statistical evaluation and Post-Project
Review
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Goals of Case Competition

• Provide high school students with real-life
  business experience
  
• Give students a taste of the college
  experience
  
• Increase awareness and interest in business and
  accounting as careers

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BAP Member Involvement

• 20 members
• 10 Hours to date
• 75 Hours projected

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AFF
Case Competition
Presentations
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Key Points of AFF

• Student Supply
• Empowerment
• Collaboration
• Effects of Program

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EMERSON