Accounting Major

Learning Goals and Objectives

Goal 1: Students will acquire strong functional knowledge of accounting, auditing and taxation. (Functional knowledge)

Objective 1.1: Students will be able to demonstrate an understanding of the concepts and theories of generally accepted accounting principles (GAAP)

Objective 1.2: Students will be able to demonstrate knowledge of financial statements, including the purpose, content and presentation methods and disclosure in reports

Objective 1.3: Students will be able to demonstrate knowledge of generally accepted auditing standards (GAAS) and US income tax compliance procedures

Goal 2: Students will develop an awareness of, and an appreciation for, the professional responsibilities and ethical issues related to the field of accountancy. (Professional Responsibilities/Ignatian Tradition)

Objective 2.1: Students will be able to demonstrate an ability to identify ethical issues in accounting, auditing and taxation matters

Objective 2.2: Students will be able to demonstrate knowledge of the legal, ethical and regulatory environment of accounting, auditing and taxation

Objective 2.3: Students will be able to demonstrate and ability to ethically employ information technology

Objective 2.4: Students will be able to demonstrate and understanding of the importance of the accounting discipline in maintaining high standards of integrity in business and commercial activities and the need that fidelity in repotting has for orderly financial market operations.

Goal 3: Students will develop the competence to critical analyze accounting, auditing, and taxation issues. (Critical Thinking)

Objective 3.1: Students will be able to demonstrate a superior ability to analyze financial statements from a user/investor perspective.

Objective 3.2: Students will be able to demonstrate an ability to design, implement and evaluate accounting information systems for internal use in data gathering and control.

Goal 4: Students will be competent in communicating in the language of accounting, auditing, and taxation. (Communication)

Objective 4.1: Students will exhibit competence in developing clear, effectively written documents which highlight accounting, auditing, or taxation activities.

Objective 4.2: Students will be able to communicate clearly and effectively in composing and delivering oral presentations to a targeted audience.

The traditional undergraduate programs include 40 courses distributed across three components: A General Education component divided into Signature Courses, Variable Courses, and an Integrative Learning requirement; a Major and Divisional component; and Free Electives. In addition to course requirements as specified in each area, students must complete one certified course in each of the following overlay areas:

  1. Diversity, Globalization or Non-western Area Studies,
  2. Ethics Intensive, and
  3. Writing Intensive. Overlay requirements are part of the forty-course requirement.

General Education Signature Courses

See this page about Signature courses. Six courses

General Education Variable Courses

See this page about Variable courses. Six to Nine courses

General Education Integrative Learning Component

See this page about Integrative Learning Component. Three courses

ECN 102Introductory Economics Macro3
ENG 263Writing for Organizations3
PHL 320Business, Society, and Ethics3

Free Electives

Five to nine courses

Business Foundation
ACC 101Concepts: Financial Accounting3
ACC 102Managerial Accounting3
DSS 200Intro to Information Systems3
DSS 210Business Statistics3
DSS 220Business Analytics3
FIN 200Intro to Finance3
MGT 110Essent'ls of Organzational Beh3
or MGT 120 Essentials of Management
MGT 360Legal Environment of Business3
or MGT 361 Introduction to Law Honors
MKT 201Principles of Marketing3
BUS 495Business Policy4

General Statement

In order for a student to declare a major in accounting or remain in the major, a grade of C (2.0) or better must be earned in both ACC 101, Concepts of Financial Accounting, and ACC 102, Managerial Accounting.

Major Concentration

six courses

ACC 205Fin Acc Info Sys 13
ACC 206Fin Acc Info Sys II3
ACC 212Management Acc Info Sys I3
ACC 307Fin Acc Info Sys III3
ACC 315Federal Income Taxation3
ACC 317Auditing & Assurance Services3

Advisory Options-Licensure and Specialization in Accounting

Students who intend to enter a career in professional public accounting practice should consider the two advisory options below and discuss program planning needed with their faculty advisor as early as possible in their academic studies in the Department. Additional detail about the Department's program and careers in accounting can be found on the University's web site at www.sju.edu/academics/hsb/accounting.

Be Ready in Four

For those students who want to be prepared for licensure as a Certified Public Accountant, special attention is required to earn sufficient credit hours overall and in certain areas. Licensure occurs at the state level, and most jurisdictions now require 150 credit hours of accumulated post-secondary academic work for a license to be granted (after successfully passing the Uniform Certified Public Accounting Examination and satisfying an experience prerequisite). Visit the National Association of State Boards of Accountancy web site to learn all about the CPA examination process, as well as educational and experience requirements for licensure in the various U.S. states and territories. Open access is available for this information at www.nasba.org.

The Department of Accounting has developed a flexible program for students who want to be certain that they have achieved the appropriate educational credentials by the time their undergraduate degree is granted. Our "Be Ready in Four" Advisory Option track suggests that the students enroll in Summer Sessions, Intersession, and, at the student's option, regular semester course overloads to earn 150 credit hours, including 36 credit hours in accounting-related subjects, within the normal four year undergraduate program.

For those who want to enter a professional career in accountancy and qualify for licensure as soon as the bachelor's degree is earned - i.e., to Be Ready in Four - this is the optimal plan of academic study. See your faculty advisor as soon as you declare your major so that an individualized plan can be developed to meet your needs. Be a CPA .... Be Ready in Four.

Specialization in Accounting

Whether or not a student fully participates in the Department's "Be Ready in Four" Advisory Option, there is ample opportunity in the 4-year program to focus academic studies on a particular specialty area of the accountancy profession. The Department offers upper-level study in the following areas and recommends the courses shown below:

Public Accounting
ACC 312Acct &Consult Global Community3
ACC 320Mutual Fund Accounting3
ACC 407Contemp Topic:Financial Acct3
ACC 412Acc Tech and Financial Mngmt3
ACC 417Advanced Auditing3
ACC 418Cont Topics Audit & Assur Svcs3
ACC 420Fund Accounting3
ACC 422Forensic Accounting3
ACC 490Accounting Internship3
MGT 362Legal Environ't of Business II3
Financial Services
ACC 320Mutual Fund Accounting3
ACC 410Financial Statement Analysis3
ACC 412Acc Tech and Financial Mngmt3
ECN 465Consumer Economics3
FIN 100Personal Financial Management3
FIN 201Markets and Institutions3
FIN 301Investments3
FPL 200Personal Financial Planning3
Information Systems & Financial Management
ACC 312Acct &Consult Global Community3
ACC 412Acc Tech and Financial Mngmt3
ACC 422Forensic Accounting3
CSC 110Building Virtual Worlds3
CSC 120Computer Science I4
International Accounting
ACC 430International Accounting3
ECN 322International Macroeconomics3
FIN 302International Finance3
IBU 363International Business Law3
IBU 420International Management3
MKT 331International Marketing3