Accounting BS Curriculum

Business
Academic Affairs

• Program Type: Baccalaureate
• Requirements for this program are current for Spring 2013
• Required credits to graduate with this degree: 120
• Required credits within the major: 59
• Degree: Bachelor of Science
• Minor in Accounting is available

Accounting is an information system that represents the economic resources and responsibilities of business or nonbusiness enterprises. Monitored over time, it is used as a decision-making tool for allocating resources and evaluating responsibilities.

Accounting information affects major economic decisions that have national and international impact. The accounting program teaches analytical, theoretical, communication, and leadership skills necessary for effective accounting and advancement in public, private, and government careers.

The program prepares students to become accountants in business and government by providing accounting, business, and liberal education courses.

Program outcomes: graduates will

• Use computer technology for accounting spreadsheet applications and general ledger accounting functions and demonstrate overall literacy in technology
• Develop and demonstrate skills in financial and cost accounting systems that are common to most businesses
• Develop and demonstrate skills in U.S. tax fundamentals for individuals and businesses
• Demonstrate skills and knowledge in auditing
• Demonstrate competencies in ethical decision making
• Demonstrate knowledge of liberal education that provides a foundation for the applied curriculum
• Demonstrate a commitment to continuing professional development
• Demonstrate skills in communication, working with others, and critical thinking

Program Delivery

This program is available:

• via classroom (the majority of instruction is face-to-face)

Admission Requirements

For information about University of Minnesota admission requirements, visit the Office of Admissions website.

General Requirements

All students are required to complete general University and college requirements. For more information, see the graduation requirements.

Program Requirements

Students must complete 40 upper division credits.

Program Sub-plans

A sub-plan is not required for this program.

Accounting Online

The accounting online program has the same curriculum as the classroom delivered accounting program with the addition of one course. GBUS 1005--Orientation to Online Programs is a required one-credit course. This results in a one credit decrease in the number of open and/or recommended electives required.

Accounting is an information system that represents the economic resources and responsibilities of business or nonbusiness enterprises. Monitored over time, it is used as a decision-making tool for allocating resources and evaluating responsibilities.

Accounting information affects major economic decisions that have national and international impact. The accounting program teaches analytical, theoretical, communication, and leadership skills necessary for effective accounting and advancement in public, private, and government careers.

The program prepares students to become accountants in business and government by providing accounting, business, and liberal education courses.

Accounting Minor Curriculum

Business
Academic Affairs

• Program Type: Undergraduate minor related to major
• Requirements for this program are current for Spring 2013
• Required credits in this minor: 26 to 27

A minor in accounting complements several other majors. The accounting minor introduces students to the theory and practice of accounting, including the basics of generally accepted accounting principles. The accounting minor has flexibility to allow a student to concentrate in taxation, cost accounting, auditing, or financial accounting. The accounting minor also may be used to help qualify the student to take the CPA exam.

Program outcomes: students who earn an accounting minor will

• understand generally accepted accounting principles
• perform accounting functions based on generally accepted accounting principles
• perform accounting functions using various accounting and tax software

Program Delivery

This program is available:

• via classroom (the majority of instruction is face-to-face)

Minor Requirements

• ACCT 3301 - Cost Accounting I (3.0 cr)
• ACCT 3302 - Cost Accounting II (3.0 cr)
• ACCT 3900 - Internship (1.0-3.0 cr)
• ACCT 4110 - Advanced Accounting I (3.0 cr)
• ACCT 4111 - Advanced Accounting II (3.0 cr)
• ACCT 4221 - Auditing I (3.0 cr)
• ACCT 4310 - Auditing II (3.0 cr)
• ACCT 4404 - Income Tax I (3.0 cr)
• ACCT 4405 - Income Tax II (3.0 cr)
• ACCT 4420 - Income Tax Preparation (2.0 cr)
• ACCT 4500 - Forensic Accounting (3.0 cr)
• ACCT 4511 - CPA Review Course--Regulation (3.0 cr)
• ACCT 4512 - CPA Review Course--Financial Reporting and Accounting (3.0 cr)
• ACCT 4513 - CPA Review Course--Auditing and Attestation (3.0 cr)
• ACCT 4514 - CPA Review Course--Business Environment and Concepts (3.0 cr)
• GBUS 3117 - Business Law (3.0 cr)

Program Sub-plans

A sub-plan is not required for this program.

Accounting Minor Online

A minor in accounting online complements several other majors. The accounting minor online introduces students to the theory and practice of accounting, including the basics of generally accepted accounting principles. The accounting minor online, which has the same curriculum as the classroom delivered accounting minor, has flexibility to allow student to concentrate in taxation, cost accounting, auditing, or financial accounting. The accounting minor online also may be used to help qualify the student to take the CPA exam.

Program outcomes: students who earn an accounting minor online will

• understand generally accepted accounting principles
• perform accounting functions based on generally accepted accounting principles
• perform accounting functions using various accounting and tax software