Bachelor of Science with a Major in Accountancy

The bachelor of accountancy degree program offers both specialized knowledge in accounting and a general education leading to a broad understanding of the business world. The program is designed to prepare students for a professional career in accounting in the public or private sector as well as for graduate study in business, finance, information systems, or law. Students are provided with multiple opportunities to gain practical experience, such as the ability to study the stock market in a classroom resembling a Wall Street trading venue. 

Visit the program website for additional information. 

The following requirements must be fulfilled: 120 credits, including  general education, pre-business, and business core courses.

Required
General Education courses
UW 1020University Writing
One critical analysis course in the humanities. 1
One scientific reasoning with lab course. 1
Pre-business courses
BADM 1001
BADM 1002
First-Year Development Course I
and First-Year Development Course II 2
or BADM 1003 Transfer Student Development Course
BADM 3001Career Management Strategy 3
BADM 4001Leadership and Career Launch 4
DNSC 1001Business Analytics I: Statistics for Descriptive and Predictive Analytics
or STAT 1051 Introduction to Business and Economic Statistics
or STAT 1053 Introduction to Statistics in Social Science
or STAT 1111 Business and Economic Statistics I
or APSC 3115 Engineering Analysis III
DNSC 2001Business Analytics II: Predictive and Prescriptive Analytics
or STAT 2112 Business and Economic Statistics II
or STAT 2118 Regression Analysis
or STAT 2123 Introduction to Econometrics
ECON 1011Principles of Economics I
ECON 1012Principles of Economics II
A sequence of mathematics courses from the following: 5
MATH 1051
MATH 1252
Finite Mathematics for the Social and Management Sciences
and Calculus for the Social and Management Sciences
or MATH 1231
MATH 1232
Single-Variable Calculus I
and Single-Variable Calculus II
Business core courses
ACCY 2001Introduction to Financial Accounting
ACCY 2002Introductory Managerial Accounting
BADM 2001Markets and Politics
or BADM 2001W Markets and Politics
BADM 2301Management Information Systems Technology
BADM 3103Human Capital in Organizations
BADM 3401Contemporary Marketing Management
or BADM 3401W
BADM 3501Financial Management and Markets
BADM 4801Strategy Formulation and Implementation
IBUS 3001Introduction to International Business
Accountancy major courses
ACCY 3101Intermediate Accounting I
ACCY 3102Intermediate Accounting II
ACCY 3401Federal Income Tax: Individuals
ACCY 3403Advanced Tax
ACCY 3601Business Law: Contracts, Torts, and Property
ACCY 4107Advanced Accounting
ACCY 4301Auditing
ACCY 4501Accounting Systems
ACCY 4601Business Law: Enterprise Organization
ACCY 4801Financial Accounting Capstone
Electives
Students take sufficient credits in elective courses to reach the 120 credits required for the degree. Elective courses may be numbered from 1000 to 4999. Electives may not include LSPA (Lifestyle, Sport, and Physical Activity) courses. They may include one HLWL (Health and Wellness) course.
Elective courses may be applied to a minor, a GWSB concentration, or a GWSB or non-GWSB second major.

1See University General Education Requirement for a list of approved courses.

Freshmen are required to take BADM 1001 and BADM 1002, transfer students are required to take BADM 1003.

3BADM 3001 is offered with accounting-specific sections and should be completed during the sophomore year, following successful completion of BADM 1001 and BADM 1002, or BADM 1003. 

4BADM 4001 is offered with experiential-specific sections and should be completed in the senior year.  

5Students should meet with a GWSB academic advisor to discuss other options for fulfilling the mathematics requirement.

Note: Students who intend to take the CPA examination should be aware that the coursework required for admission to the examination varies from state to state. Students are advised to consult the Board of Accountancy for the state in which they plan to take the examination and choose courses that meet that state’s requirements.

Double majors

Students in the BS in accountancy program who wish to pursue a double major must declare accountancy as their first major. Each major must include 15 unique credits that do not apply to any other degree requirement, with the exception of a WID requirement. All courses in both majors must be completed with a minimum grade of C-. Students should reference the regulations in this Bulletin and consult their academic advisor for assistance and additional information.


Explanation of Course Numbers

  • Courses in the 1000s are primarily introductory undergraduate courses
  • Those in the 2000s to 4000s are upper-division undergraduate courses that can also be taken for graduate credit with permission and additional work
  • Those in the 6000s and 8000s are for master’s, doctoral, and professional-level students
  • The 6000s are open to advanced undergraduate students with approval of the instructor and the dean or advising office

ACCY 1099. Variable Topics. 1-36 Credits.

ACCY 2001. Introduction to Financial Accounting. 3 Credits.

Fundamental concepts underlying financial statements and the informed use of accounting information; analysis and recording of business transactions; preparation and understanding of financial statements; measurement of the profitability and financial position of a business.

ACCY 2002. Introductory Managerial Accounting. 3 Credits.

The use of accounting information to plan and control the activities of a business. Several widely used methods of determining the cost of business activities for use in making business decisions. Prerequisite: ACCY 2001.

ACCY 3101. Intermediate Accounting I. 3 Credits.

Financial accounting concepts underlying the preparation and interpretation of financial statements. Topics include revenue and expense recognition; accounting for receivables, inventories, fixed assets, intangible assets, and liabilities. No alternative to this course will be accepted to fulfill the GWSB Signature course requirement. Prerequisite: ACCY 2001.

ACCY 3102. Intermediate Accounting II. 3 Credits.

Financial accounting concepts underlying the preparation and interpretation of financial statements; accounting for stockholders’ equity, earnings per share, debt and equity investments, income taxes, pensions and other postretirement benefits, accounting changes, statements of cash flows, financial statement analysis, and disclosure. No alternative to this course will be accepted to fulfill the GWSB Signature course requirement. Prerequisites: ACCY 3101 or permission of instructor.

ACCY 3106. Financial Statement Analysis. 3 Credits.

Introduction to the analysis and interpretation of corporate financial statements within the context of a company's industry and economic environment. Cash flow analysis, profitability and risk analysis, accounting policy analysis, forecasting and performance analysis, elements of equity valuation, and decision perspectives of creditors. Students cannot earn credit for both this course and ACCY 4801. Prerequisite: ACCY 2002.

ACCY 3401. Federal Income Tax: Individuals. 3 Credits.

Taxation of individuals, including tax planning strategies as well as compliance requirements. Introduction to tax principals and to tax planning for compensation, investment and business income of individuals, and major life events.

ACCY 3403. Advanced Tax. 3 Credits.

Taxation of all major types of businesses with an emphasis on strategic planning opportunities to improve business profits as well as compliance requirements; principals of business taxation and basic tax rules for businesses from sole proprietorships to multinational corporations. Prerequisites: ACCY 2001 and ACCY 3401.

ACCY 3601. Business Law: Contracts, Torts, and Property. 3 Credits.

Essential legal principles of contracts, torts, and property, including trusts and estates, leases, professional liability, and the Uniform Commercial Code.

ACCY 4107. Advanced Accounting. 3 Credits.

Accounting for corporate combinations, foreign currency financial statements, and derivative financial instruments. Governmental and not-for-profit accounting. Prerequisites: ACCY 3101 and ACCY 3102.

ACCY 4301. Auditing. 3 Credits.

A study of generally accepted auditing standards and accepted professional auditing practices and procedures, including reviewing and evaluating financial controls, auditing financial statements, and testing financial data of manual and automated accounting systems. Prerequisite: ACCY 3102.

ACCY 4501. Accounting Systems. 3 Credits.

Introduction to the design and operation of accounting systems and data management controls. Principles and applications of internal control applicable to manual and automated accounting systems. Prerequisite: ACCY 3102.

ACCY 4601. Business Law: Enterprise Organization. 3 Credits.

Legal aspects of organizing, financing, and operating an enterprise, including agency, partnerships, corporations, securities regulation, insurance, and secured credit financing.

ACCY 4801. Financial Accounting Capstone. 3 Credits.

Synthesis and application of knowledge of financial accounting to specific contexts, using the perspectives of the preparer and user of financial statements. Students cannot earn credit for both this course and ACCY 3106. Restricted to seniors.

ACCY 4900. Special Topics. 3 Credits.

Topics vary by semester. May be repeated for credit provided the topic differs. Consult the Schedule of Classes for more information.

ACCY 4995. Independent Study. 3 Credits.

Assigned topics. Admission by permission of the department chair.

ACCY 5099. Variable Topics. 1-99 Credits.

ACCY 6101. Financial Accounting. 3 Credits.

Basic concepts and methods used in financial reporting for understanding their content, context, and related processes. Income statement, balance sheet, and statement of cash flows. Detailed accounting procedures, calculations, and choices. Equivalency: IAFF 6191, MBAD 6211.

ACCY 6104. Intermediate Accounting I. 3 Credits.

Accounting principles and concepts for financial accounting and reporting. Emphasis on the preparation of general-purpose financial statements. Restricted to GWSB graduate degree students. Prerequisites: ACCY 6101 or MBAD 6211.

ACCY 6105. Intermediate Accounting II. 3 Credits.

Revenue recognition, employee compensation and pension plans, income tax expense, and earnings per share. Prerequisites: ACCY 6101 and ACCY 6104. Equivalency: ACCY 3102.

ACCY 6106. Financial Statement Analysis. 3 Credits.

Analysis and interpretation of financial statements for managers, stockholders, creditors, and financial analysts; ratio-driven financial analysis; earnings-based and cash-flow-based equity valuation; sales and EPS forecasting; preparation of projected financial statements. Prerequisites: ACCY 6101 and MBAD 6211. Equivalency: ACCY 3106.

ACCY 6110. International Reporting and Control. 1.5 Credit.

International comparisons of forces that shape financial management, such as corporate governance mechanisms, tax policies, economic development, and privatization. Same as IBUS 6308.

ACCY 6112. International Financial Reporting Standards. 1.5 Credit.

Financial reporting standards that are used throughout most of the world other than the United States. Comparisons of these standards with those of the United States. Prerequisites: ACCY 6101 and MBAD 6211. (Same as IBUS 6310).

ACCY 6113. Financial Decision Making by Consumers and Professionals. 3 Credits.

Tools and applications necessary to evaluate the wide range of financial decisions individuals, both consumers and professionals, make throughout their lifetime. Also intended for those interested in becoming financial advisors and/or CPAs.

ACCY 6201. Accounting for Internal Decision Making. 1.5 Credit.

Effective use of internal generation, communication and interpretation of information for both operational and strategic decision-making purposes. Restricted to students in the MBA program. Prerequisites: MBAD 6211. Equivalency: MBAD 6213.

ACCY 6202. Advanced Strategic Cost Management. 1.5 Credit.

Advanced topics in the application of concepts of control and decision analysis to optimize the financial management of organizations. Prerequisites: ACCY 6201 or MBAD 6213.

ACCY 6203. Controls, Alignment, and the Organization. 3 Credits.

The role accounting plays in planning and control issues within organizations. High-level view of planning and control, with a focus on the need for controls to deal with the agency problems. Prerequisites: ACCY 2002 or equivalent.

ACCY 6204. Managerial Accounting for Government and Nonprofits. 1.5 Credit.

Builds on basic understanding of managerial accounting concepts and examines issues in the government and nonprofit realm; leveraging core concepts to analyze and report on real world scenarios. Prerequisite: None.

ACCY 6301. Contemporary Auditing Theory. 3 Credits.

Survey of contemporary auditing as practiced by internal and external auditors; generally accepted auditing standards and government auditing standards; planning, directing, and reporting on various audits. Corequisite: ACCY 6104. Prerequisites: ACCY 6101 or MBAD 6211.

ACCY 6302. Fraud Examination and Forensic Accounting. 3 Credits.

Financial statement fraud, misappropriation of assets, and methods of deterrence, prevention, detection, and investigation. Prerequisites: ACCY 6101 and MBAD 6211. Recommended background: One auditing course.

ACCY 6401. Federal Income Taxation. 3 Credits.

Taxation of individuals, including tax planning strategies as well as compliance requirements; tax principals and to tax planning for compensation, investment and business income of individuals, and major life events.

ACCY 6402. Federal Income Taxation of Partnerships. 3 Credits.

Tax planning for business income from partnerships, including formation and operation, distribution to partners, liquidation, transfer of partnership interests, and financial accounting for partnership transactions. S corporations also considered. Prerequisite: ACCY 6401.

ACCY 6403. Federal Income Taxation of Corporations. 3 Credits.

Federal income taxation of C corporations, covering formation, capital structure, nonliquidating distributions, complete liquidations, corporate accumulations, and the alternative minimum tax.

ACCY 6404. Taxation of Financial Instruments. 3 Credits.

Overview of the economics and taxation of financial instruments; transactions in stock, debt instruments, commodities, options, short sales, wash sales, straddles, futures, foreign currency transactions, swaps, hedging, mark to market tax accounting, and time value of money. An equivalent course may be substituted for prerequisite ACCY 6101. Prerequisites: ACCY 6101 and ACCY 6401.

ACCY 6501. Accounting Information Systems and Electronic Data Processing. 3 Credits.

Development and application of accounting system theory, including analysis, design, control concepts, and implementation; integration of electronic data processing, accounting systems, and management information systems. Prerequisites: ACCY 6101 and MBAD 6211.

ACCY 6601. Business Law: Contracts, Torts, and Property. 3 Credits.

Essential legal principles of contracts, torts, and property, including trusts and estates, leases, professional liability, and the Uniform Commercial Code.

ACCY 6602. Business Law: Enterprise Organization. 3 Credits.

Legal aspects of organizing, financing, and operating an enterprise, including agency, partnerships, corporations, securities regulation, insurance, and secured credit financing.

ACCY 6701. Government Accounting. 3 Credits.

Budgeting, accounting, financial reporting, and auditing required of local, state, and federal governments; financial practices and requirements applicable to organizations receiving government financial assistance and those subject to government audits. Prerequisites: ACCY 6101 or MBAD 6211.

ACCY 6705. Nonprofit Accounting. 1.5 Credit.

Development and use of financial information as it relates to not-for-profit entities. Identifying and applying appropriate accounting and reporting standards, preparing financial statements, use of non-financial performance measures, auditing. Prerequisites: ACCY 3101.

ACCY 6801. Corporate Governance and Ethics. 3 Credits.

The theory, practice, and public policy environment of corporate governance. Purpose, functioning, and responsibilities of boards of directors. Power, control, and compensation of corporate management. Shareholders and stakeholders. Corporate governance in comparative national settings. Same as SMPP 6215.

ACCY 6900. Special Topics. 1-3 Credits.

Experimental offering; new course topics and teaching methods.     Equivalency: IBUS 6290, SMPP 6290.

ACCY 6998. Directed Readings and Research. 1-3 Credits.

ACCY 8001. Doctoral Seminar. 1-12 Credits.

Reasoning and research in technical areas of accounting; theoretical issues and their application to practice; conceptual themes in professional literature; comparative accounting research analyses.

ACCY 8009. Dissertation Research. 1-12 Credits.

May be repeated for credit. Restricted to doctoral candidates.

ACCY 8999. Advanced Reading and Research. 1-12 Credits.

May be repeated for credit. Restricted to doctoral candidates preparing for the general examination.