David R. Fordham James Madison University

17,000 students 96% residential, traditional years old Median Family Income >$150,000 Lower Quartile just under $120,000 Professional Family Background

JMU College of Business 3,500 declared business majors Primarily from upper half of university population Largest programs: Marketing, CIS, Management

JMU School of Accounting Graduate approx 120 students per year Virginias 150-hour requirement just kicked Degrees –BBA with major in accounting –MSA with or without a concentration in: Tax Auditing AIS

Accounting Graduates 90-95% to public accounting 80% to Big Four 10-15% to small, local, regional firms 5-10% to government 5% to Industry 0-5% to law school

Accounting Faculty Close relationship with employers Dinners, Lunches, Alumni events NOT just recruiters Also involve managers, supervisors, partners

Curriculum emphasis is on what the employers say they want

FALL SPRING

FALL SPRING

COB 300 – Integrated Business Finance Management Marketing Operations Organizational Behavior Team Taught, Integrated, Case Based

ACTG 301 1/3 rd Advanced Excel 1/3 rd Financial Statement Analysis Bridge between Principles, COB 301, and major courses 1/3 rd Speaker Series NOT your B.A. P. what accountants do all day Issues facing accountants Introductory (scratch the surface) theory

ACTG 313 (Systems) Case Based Walk through a small but complicated business Learn the business operations in detail See, but dont concentrate, on paperwork

Consider ledger balances Discussion: Where did the numbers come from? When does a transaction take place?

Re-Do the Plant Tour Look for SOURCES of information Where is information CREATED? What causes the determination of the values? What activities are generating the data?

Re-Do the Plant Tour How is the data CAPTURED? How is it TRANSPORTED? Where is it USED later? Not just accounting data…

Students learn the business processes first. Then they become aware of what is generating data. Then they learn pay attention to how that data is captured and transported.

They then learn to look for threats and vulnerabilities that could affect the data Only after those concepts are mastered do we begin talking about how the data is stored and organized.

Last Half of Course Access tools Student Groups purchase and learn (on their own) a commercial software package Student Groups use the package to keep the books for one month for a hypothetical (comprehensive) companys first month. Submit Financials, Operations Manual, and Management Letter

Last few class periods E-Commerce Networking Information Security IS Auditing

AIS Concentration ACTG 640 – Technology ACTG 691 – Advanced AIS, Systems Design CIS base – Programming, Database CIS electives – IS Auditing, Advanced Systems Design, Telecommunications, Network Design and Protection, or Introduction Information Security