Student ID:__________________________ Student Name:_______________________ Adviser Name:_______________________ | Bulletin: 2018-2019 Undergraduate Bulletin Program: Accounting and Professional Services Major, B.A./B.S. Minimum Credits Required:__________________ | |||
Accounting and Professional Services Major, B.A./B.S.Romain College of Business 61 hours (31 hours of Business Core + 30 hours of accounting and business coursework) Career opportunities in accounting include public accounting (certified public accounting firm), industry (industrial and commercial enterprise), not-for-profit organizations, government, and after graduate education, college or university faculties. Accountants in public practice provide audit, tax, or management advisory services. Success in passing the Certified Public Accountant (CPA) examination is necessary for advancement in public accounting. A variety of services are performed by public accountants including:
Accountants in industry make up a substantial portion of the profession. They record, analyze, and report information used by managers to make financial and managerial decisions for businesses such as manufacturers, retailers, service companies, and financial institutions. Governmental and not-for-profit accounting, a growth accounting field, includes positions with federal, state, and local governments, hospitals, universities, and charitable organizations. Government agencies employ a large number of accountants, some of whom audit records of private businesses, not-for-profit organizations, or individuals subject to government regulation. Accountants in industry may also be certified as Certified Management Accountants (CMA). Accounting graduates often continue their formal education by pursuing advanced technical or professional degrees such as a master’s degree in accountancy, a master’s degree in business administration, or a law degree. A doctorate in accounting usually leads to a university faculty career. CPA candidates must earn a minimum of 150 credit hours of college/university course work to sit for the CPA exam in Indiana. Graduates with an undergraduate degree in a non-accounting field may satisfy the CPA exam requirement through the Post-Baccalaureate Certificate in Professional Accountancy (PBCPA) program at USI. Those who wish to engage in public accounting practice in Indiana as certified public accountants should familiarize themselves with the rules and regulations issued by the Indiana Board of Accountancy (www.in.gov/pla/accountancy.htm). Students planning to practice outside of Indiana should consult the CPA board of the appropriate state. |
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Romain College of Business Degree RequirementsStudents seeking a bachelor’s degree with a major from the Romain College of Business must satisfy all business degree requirements and Core 39 requirements listed in the Romain College of Business section of the bulletin. | ||||
Business Core for All Business Majors (31 hours)The following required core courses provide breadth in a college education for business and a foundation for specialization in a major: | ||||
Course Name | Credits: | Term Taken | Grade | Gen Ed |
---|---|---|---|---|
CIS 201 - Business Processes and Information Systems Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
ACCT 201 - Accounting Principles I Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
ACCT 202 - Accounting Principles II Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
BCOM 231 - Business Communication USI Core 39: Embedded Experience-Writing. Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
BLAW 263 - Legal Environment of Business Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
ECON 265 - Elementary Statistics Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
FIN 305 - Business Finance Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
MNGT 305 - Principles of Management Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
MKTG 305 - Principles of Marketing Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
BCOM 401 - Business Career Planning and Professional Development Term(s) Offered: Fall, Spring, Summer | Credits: 1 | |||
MNGT 452 - Policy Formulation and Implementation USI Core 39: Embedded Experience-Writing Term(s) Offered: Fall, Spring, Summer | Credits: 3 | |||
Business Major Requirements (21-33 hours)Specific upper-division course requirements for the various business majors are listed under each program. These upper-level major course requirements should be completed during the junior and senior years. | ||||
Accounting and Professional Services Major | ||||
Required Courses (24 hours) | ||||
Course Name | Credits: | Term Taken | Grade | Gen Ed |
ACCT 303 - Intermediate Accounting I Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 304 - Intermediate Accounting II Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 311 - Introduction to Federal Income Taxation Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 315 - Cost Accounting Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 401 - Advanced Accounting Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 413 - Accounting Information Systems Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 415 - Auditing Theory and Practice Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 465 - Accounting Ethics & Compliance Term(s) Offered: Fall, Spring | Credits: 3 | |||
Directed Electives (Choose one 6 hour track) | ||||
General Program (no emphasis)In addition to the 24 required hours in accounting, students in the general program (no emphasis) will be required to choose six hours from the following options. | ||||
Course Name | Credits: | Term Taken | Grade | Gen Ed |
ACCT 390 - Individual Taxation Practicum Term(s) Offered: Spring | Credits: 3 | |||
ACCT 411 - Advanced Federal Taxation Term(s) Offered: Fall,Spring | Credits: 3 | |||
ACCT 416 - Advanced Cost Accounting Term(s) Offered: Irregularly offered | Credits: 3 | |||
ACCT 422 - Financial Report and Analysis Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 445 - Forensic Accounting Term(s) Offered: Fall | Credits: 3 | |||
ACCT 453 - Investment Accounting Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 499 - Accounting Internship Term(s) Offered: Fall, Spring, Summer | Credits: 1-6 | |||
ECON 361 - Money and Banking Term(s) Offered: Fall, Spring | Credits: 3 | |||
FIN 433 - Principles of Investments Term(s) Offered: Fall, Spring | Credits: 3 | |||
FIN 461 - Financial Management Term(s) Offered: Fall, Spring | Credits: 3 | |||
CIS 301 - Enterprise Processes and Information Systems Term(s) Offered: Fall, Spring | Credits: 3 | |||
Investment Accounting EmphasisStudents in choosing this option will complete the 24 hours of required accounting courses, and will complete two directed electives. | ||||
Course Name | Credits: | Term Taken | Grade | Gen Ed |
FIN 433 - Principles of Investments Term(s) Offered: Fall, Spring | Credits: 3 | |||
ACCT 453 - Investment Accounting Term(s) Offered: Fall, Spring | Credits: 3 | |||
Taxation EmphasisStudents in choosing this option will complete the 24 hours of required accounting courses, and will complete two directed electives. | ||||
Course Name | Credits: | Term Taken | Grade | Gen Ed |
ACCT 390 - Individual Taxation Practicum Term(s) Offered: Spring | Credits: 3 | |||
ACCT 411 - Advanced Federal Taxation Term(s) Offered: Fall,Spring | Credits: 3 | |||
Notes:
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