Accounting

Accounting Requirements

Accounting is a term used to describe the process of gathering financial information and presenting it in a manner that will help users of the information make better decisions. Accountants are also frequently called upon to analyze financial information and provide important business advice. Accounting is commonly described as the “language of business.”

Over the years, with the increased use of automation, the role of accountants has changed dramatically. Formerly regarded as simply number-crunchers, accountants have become recognized as valued business advisors and are important members of an organization’s management team.

Major Required Courses (24 credits)

Accounting Major Required Courses

3201 ACCT Intermediate Management Accounting (2 cr)
5101 ACCT Intermediate Accounting I (4 cr)
5102W ACCT Intermediate Accounting II (4 cr)
5125 ACCT Auditing Principles and Procedures (4 cr)
5135 ACCT Fundamentals of Federal Income Tax (4 cr)
3058 BLAW The Law of Contracts and Agency (4 cr)

Plus two additional Accounting credits from the following:

5126 ACCT Internal Auditing (2 cr)
5160 ACCT Financial Statement Analysis (2 cr)
5180 ACCT Consolidations and Advanced Reporting (2 cr)
5236 ACCT Introduction to Taxation of Business (2 cr)
5271 ACCT Accounting Information Systems (2 cr)
5310 ACCT International Accounting (2 cr)
5320 ACCT Current Topics in Accounting (2 cr)
4490 IDSC Information Systems Special Topics (2 cr)

Minor Required Courses (12 credits)

Accounting Minor Required Courses

5101 ACCT Intermediate Accounting I (4 cr)
5102W ACCT Intermediate Accounting II (4 cr)

Plus four credits from the following:

3201 ACCT Intermediate Management Accounting (2 cr)
5135 ACCT Fundamentals of Federal Income Tax (4 cr)
5160 ACCT Financial Statement Analysis (2 cr)
5180 ACCT Consolidations and Advanced Reporting (2 cr)
5310 ACCT International Accounting (2 cr)

Note: Students who began in the accounting program prior to Spring 2001 are not required to take ACCT 3201, but must complete four elective credits instead. However, they are encouraged to complete ACCT 3201 for one of their elective classes.

In addition: Students who completed ACCT 5100 Spring 2002 or earlier, may substitute it for ACCT 5101 & 5102 and complete 8 additional credits from the list above for the minor. Students who take ACCT 5100 after Spring 2002, may not include it in their minor.

In addition to completing those courses above, you must also complete the degree requirements for a Bachelor of Science in Business from the Carlson School of Management.

For additional information about accounting, please visit the accounting department web site.