Best practices are activities created and completed by a chapter to further specific goals identified by the board of directors of Beta Alpha Psi and by Deloitte LLP (Deloitte). These activities exemplify the spirit and purpose of Beta Alpha Psi and, if applicable, allow other chapters to emulate those activities.
Mid-Year Meetings: 1st Place - $750, 2nd Place - $450 and 3rd Place - $200
Annual Meeting: 1st Place - $1,500, 2nd Place - $1,000 and 3rd Place - $500
All chapters are eligible to participate in Best Practices.
The following actions will result in disqualification:
To accomodate as many chapters as possible to present, chapters will enter thier first and second choices of meeting locations to present. Chapter may only present and compete in Best Practices at one mid-year meeting.
Winners are determined by a group of judges made up of board and Professional Partners members. Judges act independently of any student, college/university, and chapter affiliation.
For more information, you may contact the Executive Office at email@example.com or (919) 402-4044.
Beta Alpha Psi’s 2023-24 theme is Embracing Innovation, Empowering Professionals. As a result of technological innovations, the role of financial information professionals is evolving rapidly. Such innovations will transform the way we do business, and it is important that we maximize the value of these emerging technologies in our professional careers. Embracing innovation will empower professionals to dedicate time and attention to high-value activities, eliminating many routine tasks, and emphasizing higher-level skills for career advancement.
Key points for all categories:
Given the rapid evolution of financial information professions, embracing innovation, change, and emerging technologies is critical. Technological advancements, alternative work arrangements, and cultural changes have shifted the landscape of the profession. To excel in this changing environment, we must adapt quickly.
Describe how your chapter has innovated and evolved in response to external changes. What specifically did you innovate, and how is it different than what you did before? What initiated this innovation? How were Beta Alpha Psi members and stakeholders positively impacted or empowered by this innovation? Did this innovation positively impact interest in your chapter or careers in the business information professions?
A commitment to impactful community service is a cornerstone of membership in Beta Alpha Psi. Chapters should strive to empower their members to provide service that positively impacts their community. As members of an honorary society of financial information professionals, Beta Alpha Psi members’ skill sets can be used to maximize the value of their service activities.
Describe an innovative service activity undertaken by your chapter. This innovative service activity should be a new activity that the chapter has engaged in or an existing activity that has been reimagined. How did the service activity empower members to use their unique financial information skill set to maximize their impact? Has this community service activity empowered partner organizations to advance and innovate? How can this activity be adopted by other chapters?
Emerging technologies are transforming the financial information profession. With this advancement, changes in the attributes necessary for successful careers in the financial information professions are imminent. Now more than ever, it is important for chapters to employ professional relationships to gain a better understanding of the profession.
Describe how your chapter has empowered its members to build professional relationships as part of their preparation for entry into the profession. How have these relationships advanced members’ knowledge of innovations? What specific technologies were the focus of these activities, and how did they improve members’ understanding them? What advice would you have for other chapters’ efforts in this area?
Beta Alpha Psi provides accounting, finance and MIS students an avenue to connect with their peers and established professionals early in their career. Participation in BAP allows students to learn first-hand that no matter what professional path they choose, there’s a CPA for that. A career in the accounting profession offers unparalleled opportunity to work throughout the world, in any industry. The AICPA supports students along their journey to CPA by providing resources each step of the way.