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Management article
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Reference no. JIBR10-32
Published by: Allied Business Academies
Originally published in: "Journal of International Business Research", 2011
Length: 15 pages

Abstract

Government Accounting and Reporting (GAR) is one part of the Financial Accounting and Reporting (FAR) section of the Certified Public Accountant (CPA) examination. The Board of Examiners (BOE) oversees the development of the CPA examination. GAR covers between 8% to 12% of the FAR section (BOE, 2009). Some topics in GAR include governmental accounting concepts; the format and content of a comprehensive annual financial report (CAFR); financial reporting entities; and specific types of transactions and events (BOE, 2009). Additionally, the Governmental Accounting, Financial Reporting and Budgeting (GAFRB) is a section of the Certified Government Financial Manager (CGFM) examination. The Association of Government Accountants oversees the development of the CGFM examination that covers the field of government financial management in the federal, state and local government environment. Tools used to assess student learning in this course - a pretest, periodic examinations, utilization of a simulated accounting information system, a group research project and a posttest. At the start of the Fall 2010 semester, a pretest was administered to all students in the BA401 'Government Accounting' course. The results were that 100% of the students failed (score of less than 70%) this pretest. At the end of the semester, the same test was administered, with the results being that 71% of all students passed (score of 70% and above) the posttest. Overall, there was an increase in students' scores ranging from 18% to 68%. During Spring 2011 semester, this same instrument was used that resulted in 100% of the students failed (score of less than 70%) the pretest and 20% passed (score of 70% and above) the posttest. The purpose of this assessment is to determine the effectiveness of various teaching strategies and assessment tools used in a government accounting course.

About

Abstract

Government Accounting and Reporting (GAR) is one part of the Financial Accounting and Reporting (FAR) section of the Certified Public Accountant (CPA) examination. The Board of Examiners (BOE) oversees the development of the CPA examination. GAR covers between 8% to 12% of the FAR section (BOE, 2009). Some topics in GAR include governmental accounting concepts; the format and content of a comprehensive annual financial report (CAFR); financial reporting entities; and specific types of transactions and events (BOE, 2009). Additionally, the Governmental Accounting, Financial Reporting and Budgeting (GAFRB) is a section of the Certified Government Financial Manager (CGFM) examination. The Association of Government Accountants oversees the development of the CGFM examination that covers the field of government financial management in the federal, state and local government environment. Tools used to assess student learning in this course - a pretest, periodic examinations, utilization of a simulated accounting information system, a group research project and a posttest. At the start of the Fall 2010 semester, a pretest was administered to all students in the BA401 'Government Accounting' course. The results were that 100% of the students failed (score of less than 70%) this pretest. At the end of the semester, the same test was administered, with the results being that 71% of all students passed (score of 70% and above) the posttest. Overall, there was an increase in students' scores ranging from 18% to 68%. During Spring 2011 semester, this same instrument was used that resulted in 100% of the students failed (score of less than 70%) the pretest and 20% passed (score of 70% and above) the posttest. The purpose of this assessment is to determine the effectiveness of various teaching strategies and assessment tools used in a government accounting course.

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