Learn business principles and other practical business skills to take the next step in your professional accounting career.
If you’re looking to gain background and experience in the growing field of accounting, consider pairing your bachelor’s degree with a specialization in the foundations of accounting, or getting started in the field with your certificate of completion.
In this program, you will learn the framework of accounting — from basic techniques to more advanced financial management, tax, and auditing skills — in order to work in an accounting department, or the financial and accounting area of a department.
This program consists of five lower-division online accounting courses for a total of 15 credit hours.
This course provides students with an introduction to financial accounting for the profit-oriented organization. The course provides a solid presentation of the central accounting terms and concepts, including a discussion of the basic accounting procedures, and the four types of financial statements. The accounting cycle, the double entry system, accrual based accounting, and the introductory use of the QuickBooksTM accounting software is included. The course concludes with a detailed discussion of the elements that comprise the balance sheet. This course is considered prerequisite and may be waived through transfer of equivalent lower division coursework or demonstrated workplace knowledge. (This course is also offered through CBE. Credits earned using this option will appear on transcripts with an “EX” suffix.)
This course provides a thorough understanding of basic accounting principles for managerial purposes. Topics covered include managerial uses of accounting information, including product costing, decision-making, differential accounting and responsibility accounting. This is a basic course that aids in building a foundation for financial analysis and decision-making. This course is considered prerequisite and may be waived through transfer of equivalent lower division coursework or demonstrated workplace knowledge. (This course is also offered through CBE. Credits earned using this option will appear on transcripts with an “EX” suffix.)
This course provides a deeper understanding of accounting topics introduced in previous accounting courses. Topics covered include the conceptual framework of financial reporting, codification of accounting standards, the accounting cycle, format and presentation of the financial statements, time value of money, revenue recognition, and accounting for cash, receivables, inventory, long-term assets, and current liabilities. Recommended Prior Course: ACT325 (This course is also offered through CBE. Credits earned using this option will appear on transcripts with an “EX” suffix.)
This course covers the federal income tax laws, regulations and tax policy for individual taxpayers. Primary emphasis is on the individual components of personal and business income and the allowable deductions. The taxation of gains and losses on property and capital-asset transactions will be presented. Student will be introduced to the common body of tax laws (CBOTL) and will learn the significance of the CBOTL in tax practice today.
This course offers a study of the systematic process by which external financial statements and management assertions are verified and reported, including auditing procedures, standards and programs, the examination of financial statements, and the preparation of audit working papers. In addition, this course includes a consideration of the organization of the accounting profession, the new influences of the Public Company Accounting Oversight Board, and the professional ethics and legal liability of auditors. Recommended Prior Course: ACT350 (This course is also offered through CBE. Credits earned using this option will appear on transcripts with an “EX” suffix.)
* Information Technology and Interdisciplinary Professional Studies majors will take FIN300 instead of ACT300.
** Business Management majors will take ACT360 instead of ACT305 and must have been initially enrolled after Fall 2012 to be eligible for this specialization.
Add an area of focus to your degree that can help you stand out to future employers.