Dr. Obaid AlMotairy Dean, College of Business and Economics Qassim University

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1 Dr. Obaid AlMotairy Dean, College of Business and Economics Qassim University March 11-12, th Annual Forum of GCC Accounting & Auditing Organization King Faisal Hall for Conferences Hotel Intercontinental Riyadh

2 There are 15,673 business schools around the globe, and this number is continuously growing due to high demand for business graduates. 76% of these schools offer Accounting programs. 16.3% of the full time faculty members in the business schools are in accounting (a significant percentage). 17% growth is expected in number of full time doctoral positions in the accounting discipline. High Demand for Quality Business Education/Accounting

3 Mission driven (Distinctive ) (Teaching % Research % Service %) Strategic Plan (Realistic) Learning Goals, Objectives, (What we are doing and why?). Policies, procedures, outcomes Stakeholders Expectations. (Are we serving them properly?). Faculty Qualifications. (Do we have a clear understanding?). Students-Faculty Interaction. (Is it healthy and fruitful?). Business Knowledge and Business Skills. (Can students implement their knowledge?). Management of Curricula. (Is this improvement tool well structured and defined?). AOL

4 There are more than 34 universities offering Accounting Program in Saudi Arabia. Most or all of them offer BBA in accounting. Of the 34 universities that offer accounting programs, 10 (29%) are private. The rest are public universities. Most of the 10 private universities were founded within the last 10 years. Every Business school has its own approach toward accounting education without involvement of SOCPA!!!

5 Benchmarking International Standards.(e.g. IESs) School-Industry Collaboration Engagement with the profession Adopting global Best Practices Accreditation. (e.g. AACSB)

6 Recognizing high-quality and continuous improvement through: Continues this theme from the business standards exposure draft

7 Continues this theme from the business standards exposure draft Key Aspects of the Future of Accounting and Management Education

8

9 Demonstrating commitment to core values and Guiding Principles Criteria 1: Ethical Behavior Criteria 2: Collegiate Setting Criteria 3: Commitment to Corporate Social Responsibility Setting and framing the foundation for review. Criteria 4: Accreditation Scope and AACSB Membership Criteria 5: Oversight, Sustainability, and Continuous Improvement Criteria 6: Policy on Continued Adherence to Standards and Integrity of Submissions to AACSB

10

11 Accounting-Business Stds Links Std A2 (Mission, etc) Std A3 (Intellectual Contributions) Std A4 (Financial Strategies, etc.) Std A5 (Faculty sufficiency) Std A6 (Curricula Mgt) Std 1 (Mission) Std 2 (Intellectual Contributions) Std 3 (Financial Strategies, etc.) Std 5 (Faculty Sufficiency) Std. 8 (Curricula Mgt))

12 Accounting-Business Stds Links Std A7 (Acct Curricula Content) Std A8 (Acct Info Technology Outcomes) Std A9 (Faculty Professional Experience and Credentials) Std A10 (Acct Faculty Qualifications, Engagement/Professional Interactions) None (Structured like Std. 9) None None Std 15 (Faculty Qualifications and Engagement)

13 Strategic Management and Innovation Accounting Mission, Impact, and Innovation Deepening our understanding of mission Why each business school exists? Why Students Come to your School? What difference does it intend to make in the communities it serves? What does it want to be and how does it intend to get there? Engagement to start Innovation How can your School Demonstrate Innovation?

14 Accounting Intellectual Contributions and Alignment with Mission Strategic Management and Innovation Beyond counting: valuing the impact and quality of scholarship Beyond counting: What we are writing about? Basic, Applied, or Teaching and Learning Researches? Quality more than Quantity & Citation It is a Portfolio of IC

15 Accounting Financial Strategies and Allocation of Resources Financial strategies to sustain quality and innovation Resources for mission driven activities Strategic Management and Innovation

16 Standard A5: Standard A5: Students Advising, Career Advising Professional Staff are Key Resources Fostering Students Involvement in both Academic & Experimental Learning by Doing

17 Accounting Curricula Management and Assurance of Learning AOL within the context of Curriculum Management AOL Quality of What you are Doing AoL No End, but a continues cycle for innovation What Are Best Practices of AOL Learning and Teaching

18 Accounting Curricula Content Fostering innovation with flexible guidance and clarified expectations Stop doing things + Engagement = Innovation Accounting Theory,..Some traditional Courses! Learning and Teaching

19 Std A8 Accounting Related Information Technology Outcomes Addressing emerging demands for enhanced understanding of technological impact

20 Std A9 Accounting Faculty Professional Experience and Credentials Linking accounting faculty to the accounting profession Mission as driver for recruiting policy ENGAGEMENT with the Profession will lead to Curriculum Development.INNOVATION THEN TO IMPACT

21 Accounting Faculty Qualifications and Engagement/Professional Interactions Elevating scholarship and developing intersections between theory and practice Academic and Professional Engagement

22 Sustained engagement activities Academic (Research/Scholarly) Applied/Practice Initial academic preparation and professional experience Significant professional experience Doctoral degree Scholarly Practitioners (SP) Scholarly Academics (SA) Instructional Practitioners (IP) Practice Academics (PA) SA + PA + SP + IP 90 percent SA + PA + SP 60 percent SA 40 percent

23 In Short Strategic Plan, AOL, Faculty Qualification Engagement, Innovation and Impact MISSION

24 Thank You Questions and Comments

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