Accounting Chair Presents at DECA National Meeting

Posted by on February 7, 2013

DECA, Accounting, FinanceCraig Wilson, Minnesota School of Business – Lakeville’s Accounting Program Chair, presented on Finance and Accounting program curriculum at the DECA National Council meeting on Competitive Events.  He represented these areas for Collegiate DECA, as the organization met with key high school advisers, DECA Board and staff members and members from the American Institute of Certified Public Accountants (AICPA).

The meeting was held in Orlando, Florida from February 1 – 3, 2013. The Council discussed trends in post-secondary Accounting and Finance education and how to create DECA events to best prepare students to be successful in college Accounting & Finance programs.

Wilson discussed how learning has evolved in post-secondary education to include many group learning activities, service learning, and applied learning. He described how his Tax II class presented the impact of the American Taxpayer Relief Act (Fiscal Cliff) to the Lakeville Chamber of Commerce the night before the meeting. He said this represents the new paradigm for education that meets many objectives that employers continually seek out in graduates:

  1. The ability to verbally communicate well.
  2. The ability to research and communicate their findings through effective written communication.
  3. To collaborate in groups.
  4. To think critically.

Joann David-Parrilla, Manager – Special Initiatives, Academic & Career Awareness, and Heather Bunning, Senior Manager – High School & Community College Initiatives of the AICPA, concurred, stating that these were similar to the core competencies outlined in the CPA Horizons 2025 Report. Mrs. David-Parrilla stated, “The CPA Horizons project was developed to explore what the CPA profession will face over the next 15 years, and what core competencies are needed to deliver superior service.”DECA, Accounting, Finance

“DECA provides opportunities to enhance these very skills in their role play and prepared events in the Accounting and Finance Career Pathways section of the competitive events.” Wilson stated.

The second day of meetings revolved around brainstorming on ways to keep competitive events relevant in preparing students for their future careers. Wilson challenged the Council to think outside the box and to rethink how to incorporate technology into the events. The Council decided that it must model the use of technology at the competitive conferences, and vibrant discussion ensued. Among the outcomes was the recommendation to the Board to pilot a technology driven event next year.

DECA, Accounting, FinanceOn the home front, the MSB-Lakeville DECA team is in heavy preparation for the State competition being held at the Verizon Wireless Center in Mankato from February 26th – 28th.There will be eight students competing in eleven different events. You can help support them by participating in their fundraising events over the next few weeks and by wishing them the best of success!!

Thank you for your Interest in Minnesota School of Business.