Accountancy

Accountancy

Bachelor of Business Administration: Accountancy Accountancy Plan of StudyStudents who wish to major in any of the School of Business programs will be considered PRE-BUSINESS MAJORS until officially admitted to the School. Students must apply for entrance into a specific School of Business program during the second semester of their sophomore year. To be formally admitted to the School of Business, a student must satisfy the following criteria:

  1. Minimum GPA of 2.5
  2. Completion of at least 45 credit hours of college level work
  3. At least grade of “B” in Principles of Accounting I and II
  4. At least a grade of “B” in College Algebra and Survey of Mathematics or Applied Calculus
  5. At least a grade of “C” in English Composition I, II and Advanced Composition or Technical Writing

Accountancy introduces students to careers in public accounting and in business, governmental, and not-for-profit organizations. Success in those careers is dependent on logical reasoning, superior communication skills and mastery of accounting theory and sound business practice. Career progress in this field is related to abilities in defining the relationships between fiscal and operational account abilities at increasing levels of oversight. On the completion of this degree, you will have knowledge and understanding of:

  • Recognizing, classifying and recording economic events and preparing financial statements and other accounting information in accordance with generally accepted accounting principles (GAAP)
  • Providing financial information to users (internal and external) for decision-making through the financial statements. Financial statements should enable users to predict the economic future of an entity;
  • Identifying business organization structures and the environment in which they operate;
  • Understanding the role of an accountant as an independent verifier of the financial statements; and
  • Understanding tax and ethical issues in the business environment.
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