Bachelor of Accountancy

The Bachelor of Accountancy curriculum has been revised for all B.Accy students entering the University in fall 2014. Students who entered prior to fall 2014 will continue with the curriculum for the academic year in which they entered. This degree requires a minimum of 120 semester credits and completion of all required courses. 

Students who intend to take the C.P.A. examination should be aware that the course work 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.

Curriculum for B.Accy students entering fall 2014
General education and pre-business courses
UW 1020University Writing
BADM 1004The Age of Globalization
ECON 1011Principles of Economics I
ECON 1012Principles of Economics II
One humanities course (see list of approved options on GWSB advising center website)
Two science courses (see list of approved options on GWSB advising center website)
STAT 1051Introduction to Business and Economic Statistics
or STAT 1053 Introduction to Statistics in Social Science
or STAT 1111 Business and Economic Statistics I
Choose a sequence of two math courses from the following:
MATH 1051
  & MATH 1252
Finite Mathematics for the Social and Management Sciences
   and Calculus for the Social and Management Sciences
MATH 1231
  & MATH 1232
Single-Variable Calculus I
   and Single-Variable Calculus II
Business core courses
BADM 1001First Year Development Course I
BADM 1002First Year Development Course II
ACCY 2001Intro Financial Accounting
ACCY 2002Introductory Managerial Accounting
BADM 2001WMarkets and Politics
BADM 2301Management Information Systems Technology
or BADM 2301W Mgt Information Systems Tech
BADM 3001Career Management Strategy
BADM 3103Human Capital in Organizations
BADM 3401Basic Marketing Management
or BADM 3401W Basic Marketing Management
BADM 3501Financial Management and Markets
BADM 4801Strategy Formulation and Implementation
Accountancy major courses
ACCY 3101Intermediate Accounting I
ACCY 3102Intermediate Accounting 2
ACCY 3401Federal Income Tax:Individuals
ACCY 3403Advanced Tax
ACCY 3601Business Law: Contracts, Torts, and Property
ACCY 4107Advanced Accounting
ACCY 4301Auditing
ACCY 4601Business Law: Enterprise Organization
ACCY 4501Accounting Systems
ACCY 4801Financial Accounting Capstone
International focus elective (see list of approved options on GWSB advising center website)
Elective requirements *
6 credits of non-business elective (courses outside of GWSB numbered 1000-4999)
3 credits of unrestricted electives (any GW course numbered 1000-4999)
9 credits of non-business electives (courses outside of GWSB numbered 2000-4999)
12 credits of unrestricted electives (any GW course numbered 2000-4999)
*

 Electives may not include LSPA (lifestyle, sport, and physical activity) courses and may include a maximum of one HLWL (health and wellness) course. 

Explanation of Course Numbers

  • Courses in the 1000s are primarily introductory undergraduate courses
  • Those in the 2000–4000s 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 2001. Intro Financial Accounting. 3 Credits.

The 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. Restricted to sophomore standing.

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. Prerequisite: ACCY 2001.

ACCY 3102. Intermediate Accounting 2. 3 Credits.

Financial accounting concepts underlying the preparation and interpretation of financial statements. Topics include accounting for stockholders’ equity, earnings per share, debt and equity investments, incomes taxes, pensions and other postretirement benefits, accounting changes, statements of cash flows, financial statement analysis, and disclosure. Prerequisite: ACCY 2001.

ACCY 3103. Advanced Financial and Tax Accounting. 3 Credits.

Financial and tax accounting issues relating to corporations and partnerships, including formation, operation, and liquidation of each type of entity. Financial accounting for corporate combinations. Prerequisite: ACCY 3101, ACCY 3401.

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. Prerequisite: ACCY 2002.

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

A study of federal income tax concepts, including what shall be taxed, and when, and at what rate. Taxable entities, income measurement, the use of different tax rates for different types of income, and the use of the tax laws to motivate taxpayer behavior to achieve economic goals.

ACCY 3403. Advanced Tax. 3 Credits.

Taxation of partnerships, corporations, and their owners. Formation, operation, and liquidation of each type of entity. Financial and tax accounting for each type of transaction, with the goal of gaining a better understanding of each system by comparing and contrasting it with the other one. Prerequisites: ACCY 2001 & 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. (Fall).

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 4201. Advanced Managerial Accounting. 3 Credits.

Techniques and practices that foster an informed use of financial information for planning, resource allocation, performance evaluation, and control purposes. Integration of concepts from other disciplines, especially economics, quantitative methods, behavioral science, and business policy and strategy. Primarily taught using case method. Prerequisite: ACCY 2002.

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.

The legal aspects of organizing, financing, and operating an enterprise: agency, partnerships, corporations, securities regulation, insurance, secured credit financing, and commercial paper. Prerequisite: ACCY 2001.

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. Prerequisite: senior status.

ACCY 4900. Special Topics. 3 Credits.

Experimental offering; new course topics and teaching methods. Restricted to department approval.

ACCY 4995. Independent Study. 3 Credits.

Assigned topics. Admission by permission of the department chair.

ACCY 6101. Financial Accounting. 3 Credits.

The basic concepts and methods used in financial reports for understanding their content and context. The income statement, balance sheet, and statement of cash flows. Detailed accounting procedures and choices. How the most important accounting procedures are calculated and how different choices impact financial statements. Same as 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. Prerequisite: ACCY 6101/MBAD 6211.

ACCY 6105. Intermediate Accounting II. 3 Credits.

Financial accounting concepts underlying the preparation and interpretation of financial statements. Topics include accounting for stockholders’ equity, earnings per share, debt and equity investments, income taxes, pensions and other post-retirement benefits, accounting changes, statement of cash flows, financial statement analysis and disclosure. Prerequisites: ACCY 6101 or MBAD 6211.

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/ MBAD 6211.

ACCY 6107. Corp Reorganizatn &Affiliation. 3 Credits.

Financial and tax accounting for intercorporate investments and corporate acquisitions and for consolidated groups of corporations. Consolidation procedures, accounting for goodwill, intercompany sales, foreign subsidiaries, and taxation of the corporations and their shareholders. Prerequisite: ACCY 6102, ACCY 6401.

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 6111. International Accounting. 1.5 Credit.

Financial management in multinational enterprises: management techniques that improve international financial reporting and control, such as hedging foreign currency fluctuations, and controlling foreign subsidiaries. Prerequisite: ACCY 6101. Same as IBUS 6309.

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. Prerequisite: ACCY 6101/MBAD 6211. Same as IBUS 6310.

ACCY 6201. Managerial Accounting I. 1.5 Credit.

Effective use of accounting information in decision making and control of organizations. Same as MBAD 6213. Prerequisite: ACCY 6101/MBAD 6211.

ACCY 6202. Managerial Accounting II. 1.5 Credit.

Further topics in applying concepts of control and decision analysis to optimize the financial management of organizations. Prerequisite: ACCY 6201/MBAD 6213.

ACCY 6203. Controls, Alignment & the Org.. 1.5 Credit.

ACCY 6301. Contemporary Auditing Theory. 3 Credits.

A comprehensive survey of contemporary auditing as practiced by external auditors (primarily certified public accountants) and internal auditors (those employed within government and corporate entities). Generally accepted auditing standards; government auditing standards. Planning, directing, and reporting on various audits. Prerequisite: ACCY 6101/MBAD 6211; corequisite: ACCY 6104.

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

Financial statement fraud, misappropriation of assets, and methods of deterrence, prevention, detection, and investigation. Prerequisite: ACCY 6101/MBAD 6211; a course in auditing preferred but not required.

ACCY 6401. Federal Income Taxation. 3 Credits.

A study of federal income taxation, covering gross income, deductions and credits, sales and other disposition of property, capital gains and losses, and timing of income and deductions.    (Fall and spring).

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

Financial and tax accounting for partnerships; formation and operation, distribution to partners, liquidation, and transfer of partnership interests. S corporations are 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 6501. Accounting Information Systems and EDP. 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. Prerequisite: ACCY 6101/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. (Fall).

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

The legal aspects of organizing, financing, and operating an enterprise: agency, partnerships, corporations, securities regulation, insurance, suretyship, secured credit financing, and commercial paper.

ACCY 6701. Government and Nonprofit Accounting and Auditing. 3 Credits.

The budgeting, accounting, financial reporting, and auditing required of federal, state, and local governments, nonprofit organizations, and colleges and universities. The financial practices and requirements applicable to organizations receiving governmental financial assistance and those subject to governmental audits. Prerequisite: ACCY 6101/MBAD 6211.

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.

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.    (Fall and spring).

ACCY 8002. Doctoral Seminar. 0-3 Credits.

ACCY 8009. Dissertation Research. 1-12 Credits.

Limited to doctoral candidates. May be repeated for credit.

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

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