Accounting (ACCT)

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Michael Mamo, Division Chair

Faculty: Jennifer Harrison, Richard Henage, Dara Hoffa, Ron Mano, Emily Sharp Rains, Alan Rogers, Jerry Van Os

Accounting (B.A. and B.S.) Learning Goals

The Accounting Program offers both a Bachelor of Science and Bachelor of Arts degree in Accounting. Students who wish to sit for the Uniform Certified Public Accounting (CPA) examination will need to complete additional graduate hours in business and accounting. The learning goals for both the B.A. and B.S. Accounting programs are:

  • Demonstrate knowledge of relevant professional standards and the regulatory environment within the core accounting areas:
    • Financial Accounting
    • Managerial/Cost Accounting
    • Tax
    • Audit
  • Utilize technology to facilitate and enhance accounting and financial reporting processes.
  • Demonstrate research skills and methodology using appropriate and relevant standards, rules, laws and principles required to make sound business judgments.
  • Demonstrate clear and concise communication to convey relevant financial and related, non-financial information so that decision makers can formulate informed decisions.

Program Requirements

To fulfill the requirements for the major in Accounting, students must complete the courses outlined below and maintain a minimum 2.3 GPA in all coursework required by the program.  Students are also required to complete the ETS Major Field Test in Business before they are eligible to graduate.

Students who wish to qualify to sit for the CPA examination are required to complete additional graduate work in business and accounting. Students who wish to participate in the Accelerated MBA Program or Master of Accountancy (MAcc) Program should plan to apply for admission to the MBA or MAcc program during their senior year. Students are encouraged to meet with their program advisor for specific requirements. Information on the MBA or MAcc program admission requirements is found in the MBA Graduate section of this catalog.

Students must meet the college-wide graduation requirements in addition to the Accounting major:

  • 124 total hours
  • 30 upper division hours
  • Liberal education distribution

Undergraduate Business Core

Requirement Description
Credit Hours Prerequisites
Lower Division Business Courses 30*
ACCT 213 Accounting Principles (4)—offered fall, spring, and summer
ECON 253 Elementary Macroeconomics, LE* (4)—offered fall, spring, and summer
ECON 263 Elementary Microeconomics (4)—offered fall, spring, and summer ECON 253 (LE); MATH*141 OR MATH*143 (LE)
IRM 200 Principles of Information Resource Management*** (4)—offered fall, spring, and summer co-requisite: MATH 150 (LE)
MATH*141 OR MATH*143 College Algebra, LE** (4)—offered every semester MATH 105 or placement test
MATH 150 Elementary Statistics, LE** (4)—offered every semester MATH 105 or placement test
MGMT 230 Business Quantitative Methods*** (3)—offered fall, spring, and summer  MATH 141 (LE) or MATH 143, 150 (LE)
PHIL 206 Introduction to Ethics, LE* (3)
Upper Division Business Courses 20
FINC 300 Business Finance (4)—offered fall, spring, and summer ACCT 213; ECON 253 (LE), 263; IRM 200; MATH*141 OR MATH*143 (LE), MATH 150 (LE))
MGMT 305 Principles of Management (4)—offered fall, spring, and summer MATH*141 OR MATH*143 (LE)
MGMT 325 Business and Employment Law (4)—offered fall and spring
MGMT 475 Strategy in Global Management**** (4)—offered fall, spring, and summer senior standing; see course description
MKTG 300 Principles of Marketing (4)—offered fall, spring, and summer MATH*141 OR MATH*143 (LE)
Total Required Hours 50

Notes:
* Students taking these courses as part of LE can double count these courses.
** Only one of MATH*141 OR MATH*143 and MATH 150 will count toward LE, but both are required. Students may be required to take both, based on math placement exams.
*** IRM 200 and MGMT 230 may be taken in the same semester as co-requisites.
**** In certain majors, Senior Seminar may substitute for MGMT *475

Bachelor of Science in Accounting

Requirement Description
Credit Hours Prerequisites
I. Undergraduate Business Core 50
Please refer to Undergraduate Business Core for requirements.
II. Major Requirements 27
ACCT 350 Intermediate Accounting I (4)—offered fall ACCT 213
ACCT 360 Intermediate Accounting II (4)—offered spring ACCT 213; ACCT 350
ACCT 374 Managerial and Cost Accounting—offered fall and spring ACCT 213
ACCT 454 Auditing—offered fall and summer ACCT 360
ACCT 467 Accounting Information Systems—offered fall and spring ACCT 213, IRM 200
ACCT 474 Individual Income Taxation (4)—offered fall and spring ACCT 213
ACCT 495 Advanced Accounting (3) ACCT 360
III. Practice/Experience Courses 2–4
ACCT 440* Internship (2–4)
or
ACCT 213; junior/senior standing,
see course description
ACCT 441* Accounting Practicum (4)
or
ACCT 213; MATH 150; junior/senior standing
ACCT 442* Professional Portfolio (2) 2–4 ACCT 213; junior/senior standing,
see course description
*Note to transfers: all internships (440) must be taken at upper division level. For transfer of credit for 441 or 442, please see the Practice Experience Coordinator.
Total Hours for the B.S. Accounting Program  79–81

Note: All students must complete 124 hours of coursework to graduate, 30 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Please refer to the Undergraduate Degree Requirements section of this catalog for information about
restrictions when completing a major and a minor or two majors.

Bachelor of Arts in Accounting

Requirement Description
Credit Hours Prerequisites
I. Undergraduate Business Core 50
Please refer to Undergraduate Business Core for requirements.
II. Bachelor of Arts Requirements 12
Students completing the Bachelor of Arts option (B.A.) must
complete either:
a. A declared academic minor other than a Business minor; or
b. Twelve credit hours of a single world language; or
c. Eight credit hours of a single world language, and either:
  • credit hours of a Westminster May term study/cultural international experience, or
  • four credits of an international study tour transferred from an accredited college or university.
See World Language Requirement for equivalencies, AP and CLEP credit policy.
III. Major Requirements 23
ACCT 350 Intermediate Accounting I (4)—offered fall ACCT 213
ACCT 360 Intermediate Accounting II (4)—offered spring ACCT 213; ACCT 350
ACCT 374 Managerial and Cost Accounting (4)—offered fall and spring ACCT 213
ACCT 454 Auditing (4)—offered fall and summer ACCT 360
ACCT 467 Accounting Information Systems (4)—offered fall and spring ACCT 213, IRM 200
ACCT 495 Advanced Accounting (3) ACCT 360
IV. Practice/Experience Courses 2–4
ACCT 440* Internship (2–4)
or
ACCT 213; junior/senior standing,
see course descriptions
ACCT 441* Accounting Practicum (4)
or
ACCT 213; MATH 150 (LE); junior/senior standing
ACCT 442* Professional Portfolio (2) ACCT 213; junior/senior standing,
see course descriptions
Total Hours for the B.A. Accounting Program  87–89

Note: All students must complete 124 hours of coursework to graduate, 30 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Please refer to the Undergraduate Degree Requirements section of this catalog for information about restrictions when completing a major and a minor or two majors.

Recommended Plan of Study for Accounting (B.A. and B.S.)

Fall Semester Spring Semester
Freshman Year ECON 253
Language I (B.A.)
MATH*141 OR MATH*143
Language II (B.A.)
MATH 150
Sophomore Year ACCT 213
ECON 263
Language III (B.A.)
MGMT 305
ACCT 374
IRM 200
MGMT 230
PHIL 206
Junior Year ACCT 350
FINC 300
MGMT 325
ACCT 360
MGMT 475
MKTG 300
Senior Year ACCT 454
ACCT 474
ACCT 495
ACCT 467
ACCT 474
ACCT 440/441/442