|
You are here: School
of Business Home > Majors >
Accounting
Accounting
The accounting profession offers many opportunities in private
industry, public accounting, and government. The accounting program is designed
to assist students in pursuit of accounting careers in a variety of positions
and organizations in these sectors.
Private industry offers opportunities for those interested
in management accounting, financial management, financial statement preparation,
internal auditing, and tax. Approximately fifty percent of accountants work
in private industry in manufacturing, retailing, banking, and service. Small,
medium, and large companies have positions in these areas that range from junior
accountant up to Chief Financial Officer (CFO).
Public accounting offers opportunities for those interested in auditing, tax, and, consulting. Local, regional, national and international accounting firms have positions ranging from junior accountant up to partner.
Government offers opportunities for those interested in every area of accounting. Positions are at the federal level in the General Accounting Office (GAO), the Internal Revenue Service (IRS), and many other government agencies. Governmental agencies, like companies, need accountants. Application is made through the civil service program at the federal level. Positions in many areas of accounting are also available in government at the local and state levels.
Professional certifications in the accounting area can enhance your opportunities and career success. Certifications available in accounting include the Certified Public Accountant (CPA), the Certified Management Accountant (CMA), the Certified in Financial Management (CFM), the Certified Internal Auditor (CIA), and the Certified Government Financial Manager (CGFM). The accounting program assists student in the preparation for the exams necessary for the certifications. Students can apply to take the CMA, CFM, CIA and CGFM exam with a bachelor's degree, and can apply to take the CPA with 150 credit hours that includes a bachelor degree. Students planning to apply for the CPA, CMA, CFM, CIA, or CGFM certification should contact an accounting advisor for further information.
Accounting Courses
| Course |
Credit Hours
|
Prerequisite |
Description |
Normally Scheduled to
be taught* |
| ACTG201 Financial Accounting |
3 |
Mathematics 111 or higher,
CS150 |
The conceptual approach
to financial accounting. The income statement, retained earnings
statement, balance sheet, and cash flow statement are studied with
emphasis placed on an understanding of the underlying assumptions,
theories, and concepts, as well as a thorough understanding of the basic
accounting equation. |
F, S, SU |
| ACTG202 Managerial
Accounting |
3 |
ACTG201 |
Introduces the planning
and control aspects of internal accounting. Topics include cost systems,
cost behavior, direct costing, capital budgeting, decentralized
operations, relevant costs, operations budgeting, differential cost, and
variance analysis. |
F, S, SU |
| ACTG320 Accounting
Information Systems |
3 |
ACTG202 |
An introduction to the
design and implementation of a systematic structure for providing
information for decision making for both management and others
interested in an organization's operations. It includes data gathering,
processing, preparing reports, and controls over the operations or the
organization. It includes both manual and computerized systems with
emphasis on internal controls. |
F |
| ACTG323 Intermediate
Accounting I |
3 |
ACTG202 and ACTG202 with a
grade of 2.0 or higher |
Reviews the accounting
cycle, expands the conceptual framework, and provides an in-depth
treatment of assets and liabilities and their related revenues,
expenses, and cash flows. |
F, SU |
| ACTG324 Intermediate
Accounting II |
3 |
ACTG323 with a grade of 2.0
or higher |
Provides an in-depth
treatment of revenue recognition, stockholder's equity, statement of
cash flows, pensions, leases, price level changes, deferred income
taxes, earnings per share, correction of errors, ratios, and
disclosure. |
S, SU |
| ACTG325 Cost Accounting |
3 |
ACTG202 with a grade of 2.0
or higher |
The planning, control,
and decision aspects of internal accounting. Topics include cost
accumulation and assignment, decentralized operations, and performance
measurements. |
S |
| ACTG421 Concepts of Auditing |
3 |
202, 324 with a grade of
2.0 or higher and MGT308 |
The various concepts and
techniques used to verify the amounts reported on the financial
statement are covered, as well as the auditor's report, the concept of
internal control, and the code of ethics.
|
S |
| ACTG422 Advanced Accounting |
3 |
ACTG324 with a grade of 2.0
or higher |
Introduces special
accounting problems associated with business combinations, international
operations, and preparations of consolidated statements. |
F |
| ACTG424 Accounting Theory
and Practice |
3 |
ACTG324 with a grade of 2.0
or higher |
Study of the concepts
and principles underlying the procedures and methods used in accounting.
Also includes discussion of governmental and not-for-profit
accounting. |
S |
| ACTG427 Introduction to Taxation |
3 |
ACTG202 with a grade of 2.0
or higher or permission from Department Chair |
Concentrates on income
taxes although other taxes such as estate and gift taxes are discussed.
Emphasizes individual income taxes; however, corporate taxes and other
tax-related problems are covered. |
F |
| ACTG428 Advanced Taxation |
3 |
ACTG427 with a grade of 2.0
or higher |
Study of the principles
of income taxation primarily dealing with corporate, part partnership,
and fiduciary taxation. Includes a survey of estate taxation, tax
planning, and tax practice and administration. |
S |
* F: Fall, S:Spring, SU:Summer. This is subject to change.
Check with your advisor for current course offerings.
Example Four-year schedule for Accounting majors
Freshman
| Fall |
Spring |
| ENG112 Composition |
ENG200 Composition |
| MATH111 Coll. Alg./Anal. Geom. |
MATH140 Business Calculus |
| FS100 Freshman Seminar |
CS150 Micro Computer Applications |
| BUS150 Fundamentals of Business |
POL101 or 103 Political Science |
| Science Requirement** |
Science Requirement |
Sophomore
| Fall |
Spring |
| ACTG201 Financial Accounting |
ACTG202 Managerial Accounting |
| ECON203 Micro Economics |
ECON204 Macro Economics |
| ECON205 Business Statistics |
BUS206 Legal Environment of Business |
| SPCH201 Oral Communications |
Literature |
| Science Requirement** |
History |
After completion of sophomore year 63 hours completed the
student can apply
for admission to the BBA program.
**Science Requirement of 12 hours may be completed by taking three
sciences with labs of four sciences without labs. We recommend three
sciences with labs.
Junior
Plan Junior & Senior courses carefully - the courses are not offered
every semester.
| Fall |
Spring |
| ART101, MU101 or THEA101
Appreciation |
Humanities Elective |
| ACTG320 Accounting Systems |
ACTG324 Intermediate
Accounting II |
| ACTG323 Intermediate
Accounting I |
ACTG325 Cost Accounting |
| MIS327 Information Systems
Fundamentals |
MGT308 Management Science |
| ENG305 Business Writing |
MGT351 Management and
Organizational Behavior |
Total 93 hours
Senior
| Fall |
Spring |
| ACTG422 Advanced Accounting |
ACTG421 Auditing Concepts |
| ACTG427 Introduction to Taxation |
ACTG Elective (422 or 428) |
| FIN341 Financial Management |
BUS Elective (ACTG422, 428, or BUS306) |
| MKT331 Principles of Marketing |
BUS458 Business Policy |
| Non-BUS Elective |
Humanities Elective |
Total 123 hours
Additional Non-BUS Electives (may be taken at any time) 6 hours
Total hours for degree: 129
CPA Exam candidates must have a total of 150 hours course work including 18 hours of Accounting above 202 and 24 other business hours.
|
