Professional Portfolio Project

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Professional Portfolio Project
Documenting Your Competencies
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Managerial Accounting

• Identify the Benchmark or the Standard
• Measure Actual Performance
• Difference is a Performance Gap
• When the Performance Gap is measured in Dollars -
  Variance
• AICPA Core Competencies for those entering the
  Accounting Profession are the Externally Prepared
  Benchmarks (not just for accountants)

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Personal Competencies

• Professional Demeanor
• Problem Solving and Decision Making
• Interaction
• Leadership
• Communication
• Project Management
• Leverage Technology to Develop Enhance Personal
  Competencies

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Broad Business PerspectivesCompetencies

• Strategic/Critical Thinking
• Industry/Sector Perspective
• International/Global Perspective
• Resource Management
• Legal/Regulatory Perspective
• Marketing/Client Focus
• Leverage Technology to Develop Enhance Broad
  Business Perspective

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Functional Competencies

• Decision Modeling
• Risk Analysis
• Measurement
• Reporting
• Research
• Leverage Technology to Develop Enhance
  Functional Competencies

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Purpose A To help students

• Gain an understanding of the competencies
  expected by employers
• How?
• AICPA Competencies for those entering the
  Accounting Profession as a Benchmark

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Purpose B Assist students in Documenting their
comp.

• How?
• Review the AICPA List of Competencies
• Students provide evidence through documentation
  or narrative of their competencies.
• Use items such as projects, papers, detailed job
  description, letter etc to document

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Purpose C Help students Gain an Understanding
of their own Competencies

• How?
• Review the AICPA List of Competencies
• Each item included in Portfolio needs to be
  explained detailing how it meets the competency
  or provides evidence of the competency
• See what they are missing

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Purpose D Help students Plan Document

• Students prepare a list of missing competencies
  and suggest how they will fulfill those
  competencies before graduation
• Student recognize the importance of documentation
  and saving items
• Students make contact with References

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Purpose E Assess Program

• I review the Summary of Missing Competencies to
  determine if items need to be added to the
  program
• Sometimes it is as simple as calling
  international project global

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Notes on Successful Preparation of the Portfolio

• Detailed Job Descriptions
• Does not all come from the School of Business
• Everything needs to be explained
• Can do it in a table of contents explaining how
  each artifact demonstrates competencies
• Can use a page with each artifact to explain each
  item
• Where you have not kept items at least talk
  about them.

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More Notes

• Be Neat
• Do NOT use contractions
• Get Letters of Reference when you can
• Do NOT use too many IIIIIIs
• BE NEAT

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