Accounting

Overview

Accounting is a professional major designed to provide students with the opportunity to acquire the basic knowledge of accounting theory and practice that will qualify them for careers in public, financial, managerial or governmental accounting. The field of accounting includes course work in auditing, federal income taxation, cost accounting, financial reporting, and accounting information systems.

Courses are designed so that a student understands the intellectual threads of modern accounting and its interrelationship to the fields of statistics, operations research, and computers. The program provides the solid background in accounting theory and practice, which is a definite plus in today's job market.

Five-Year Program

Students who wish to undertake a fifth year of study to meet the professional qualifications required by the American Institute of Certified Public Accountants and the Connecticut State Board of Accountancy may apply for admission to the Master of Science in Accounting and Taxation. Applications are made in the senior year to the Director of the Master of Science in Accounting and Taxation program. For details of the Master of Science in Accounting and Taxation, please visit this link.

Professional Examinations

Information regarding specific CPA requirements in all states and territories should be obtained from the respective boards of accountancy in those states. CFM and CMA Examinations: Students who have completed the Bachelor of Science degree in Business Administration with a major in accounting are eligible to sit for the CMA and CFM examinations as administered by the Institute of Management Accountants. Information regarding the examinations may be obtained directly from the Institute.

Requirements for the Accounting Major -- Credits: 21

Junior Year

  • AC 320 Financial Reporting Theory I [3]
  • AC 321 Financial Reporting Theory II [3]
  • AC 325 Accounting Information Systems [3]
  • AC 332 Cost Management [3]

Senior Year

  • AC 425 Federal Income Tax Concepts [3]
  • AC 430 Auditing Concepts and Problems [3]
  • AC 480 Internship in Accounting [3]

Requirements for the Accounting Minor: Barney Students -- Credits: 12

  • AC 320 Financial Reporting Theory I [3]
  • 3 additional Accounting electives from: [9]
    • AC 321 Financial Reporting Theory II [3]
    • AC 325 Accounting Information Systems [3]
    • AC 332 Cost Management [3]
    • AC 425 Federal Income Tax Concepts [3]
    • AC 430 Auditing Concepts and Problems [3]

Requirements for the Accounting Minor: Non-Barney Students -- Credits: 18

  • AC 210 Financial Accounting [3]
  • AC 211 Managerial Accounting [3]
  • AC 320 Financial Reporting Theory I [3]
  • AC 325 Accounting Information Systems [3]
  • Two electives from the following: [6]
    • AC 321 Financial Reporting Theory [3]
    • AC 332 Cost Management [3]
    • AC 425 Federal Income Tax Concepts [3]
    • AC 430 Auditing Concepts and Problems [3]
    • FIN 310 Business Finance [3]