Accounting Major

The accounting major is designed to provide students with the fundamentals of business while preparing them for a variety of careers both in business and the public sector. The accounting major requires 15 credits hours in addition to the undergraduate core curriculum. Thinking CPA? Students considering the CPA route are advised to speak with an academic advisor about ways to meet CPA exam and licensure requirements.

Required Courses
BUAD 301 - Financial Reporting & Analysis

3 credits | Fall & Spring | Prerequisite(s): BUAD 203 - Principles of Accounting or the equivalent


This course focuses on the financial reporting environment: evaluating the quality of the reported information, analyzing reporting choices, and assessing the role of financial information in resource allocation decisions. Topics traditionally included in intermediate accounting are covered by analyzing key business transactions on the financial statements and measures of performance evaluations such as profitability, competitiveness, and leverage. This course is designed to be taken as either a one-semester course or as part of a two semester sequence with BUAD 302.

BUAD 302 - Advanced Financial Reporting and Analysis

3 credits | Spring | Prerequisite(s): BUAD 301 - Financial Reporting and Analysis or consent of the instructor


This course focuses on an advanced study of topics in financial reporting that are traditionally considered in intermediate accounting. Reporting issues related to topics such as pensions, stock options, and deferred taxes are considered with reference to original source materials and accounting research.

BUAD 303 - Strategic Cost Management

3 credits | Fall or Spring | Prerequisite(s); BUAD 203 - Principles of Accounting or the equivalent


Applications of cost analysis to inventory valuation and income determination and planning and control of routine operations and non-routine decisions. This course emphasizes the relevance of cost concepts to modern decision tools. Substantial use of problems and cases.

BUAD 404 - Auditing & Internal Controls

3 credits | Fall or Spring | Prerequisite(s): BUAD 301 - Financial Reporting and Analysis or the equivalent


Application of technology, modeling, statistics and other auditing procedures within the framework of generally accepted auditing standards. Reporting, ethics, international practices and case applications are emphasized.

BUAD 405 - Federal Taxation

3 credits | Fall | Prerequisite(s): BUAD 203 - Principles of Accounting


An analysis of the federal income tax laws. Development of conceptual awareness of federal income tax structure and tax planning, and gaining ability to determine solutions to problems confronting the individual and business taxpayer.

Electives
BUAD 304 - Not-for-Profit Accounting, Control and Analysis

3 credits | Fall or Spring | Prerequisite: BUAD 203 - Principles of Accounting


This course focuses on accounting and financial management concepts unique to the nonprofit sector. Topics include: the preparation and use of not-for-profit financial statements, tax reporting, audit requirements, and managerial planning and control. Students will learn both how to create reports and how to analyze information from the perspective of nonprofit managers, board members, regulators, donors, and creditors.

BUAD 401 - International Accounting (or Advanced Accounting)

3 credits | Fall or Spring | Prerequisite(s): BUAD 203 - Principles of Accounting, BUAD 301 - Financial Reporting and Analysis or consent of the instructor


This course focuses on accounting related to international issues. Topics include: International Financial Reporting Standards (IFRS), accounting for derivatives and transactions denominated in foreign currencies, international audit issues, and international tax issues. Students will learn both the accounting for international transactions as well as hot to analyze and interpret financial information prepared using during accounting systems.

BUAD 406 - Financial Reporting & Taxation of Business Entities

3 credits | Fall or Spring | Prerequisite(s): BUAD 203 - Principles of Accounting, BUAD 301 - Financial Reporting and Analysis, and BUAD 405 - Federal Taxation


This course integrates complex tax and financial reporting issues in the context of transactions of business entities. Tax topics include an advanced study of corporate taxation and partnership taxation. Financial reporting topics include intercorporate investments, business combinations, and consolidated financial statements.

BUAD 492 - Special Topics: Accounting Information Systems

3 credits | Spring | Prerequisite: BUAD 203 - Principles of Accounting

BUAD 492 - Special Topics: MAcc Courses

3 credits | Spring | Seniors Only