Using the PACE to Access Accounting Knowledge

• In Event: Session D: Teaching, Learning & Curriculum IV

Abstract

In this paper, we document how we provide assessment data for accreditation purposes using an instrument that our accounting department had previously developed, the Principles of Accounting Competency Exam (PACE). The PACE is a proficiency exam which assesses learning in the Principles of Accounting I course and ensures students possess the necessary knowledge to begin Intermediate Accounting I. We describe the PACE as a process that fulfills the typical procedural accreditation requirements for a) faculty involvement and ownership, b) development of learning goals, c) appropriate, consistent, systematic and sustained methods of evaluation, d) review of expected outcomes, and e) review of evaluative instruments. After review of the PACE results, we identify students’ learning deficiencies and take steps to correct these deficiencies. Thus, the PACE process closes the loop on assurance of learning by ensuring continuous improvement.

Authors

• Donna Elaine Sanders, University of Texas-San Antonio

• Veronda Willis, The University of Texas at Tyler