Effective Fall 2020
- School of Business, Arts & Sciences
- Bachelor of Science Degree (B.S.)
- More Information about Accounting
The Bachelor of Science in Accounting (ACO) offers a unique approach to accounting education. This major is designed to prepare students for entry into the accounting profession. The curriculum provides a framework that integrates significant business and management background and extensive accounting and financial knowledge, which provides the foundation for continued education toward licensure as a Certified Public Accountant (CPA). Students are exposed to tax, auditing, not-for-profit, forensics, and management accounting. Information technology training, communication skills development, global comparisons, and ethical discussions enhance the students' experiences.
Positions in public accounting, industry, not-for-profit organizations, government agencies, and "in your own account." After gaining experience, opportunities for advancement and additional responsibilities will be available. Types of jobs that require accounting and financial background include: appraising, banking, financial management, government service, insurance, investment analysis, law, public accounting, managerial accounting, management consulting, financial planning, marketing, purchasing, real estate, small business, and designing and implementing accounting systems. Certifications to enhance professional opportunities include the Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Internal Auditor (CIA), Certified Payroll Professional (CPP), Certified Credit Executive (CCE), Accredited Financial Counselor (AFC), and the Enrolled Agent (EA). Requirements vary based on education, experience, and testing requirements.
Recommended High School Subjects
English and mathematics courses (including algebra).
Special Equipment Needs
Students must have access to a computer with consistent Internet access. Technical requirements are as follows:
- (Windows 10 or higher recommended)
- Intel Core i5 or i7 (generation 10 or higher) processor (recommended)
- 8+ GB RAM (recommended)
- 250+ GB Solid State Disk (SSD) drive (recommended)
- Webcam and microphone required
- Internet Connection (cable or DSL highly recommended)
- Additional plug-ins may be required (Information Technology Services Service Desk available for assistance)
- *Chromebooks and other devices running ChromeOS are prohibited.
All incoming students must meet placement requirements in math. Students are expected to remediate any deficiencies as explained in the College Catalog (see https://www.pct.edu/catalog/admissions-policy).
This major is subject to the transfer standards established by the College. Exceptions must be approved by the school dean.
Program GoalsA graduate of this major should be able to:
- apply the theory and concepts of generally accepted accounting principles (GAAP) to the financial and reporting functions of accounting.
- assess the effects of global, economic, and cultural influences on business and accounting decision-making processes.
- demonstrate an understanding of business and non-business federal income tax regulations, concepts, and laws.
- evaluate and apply the appropriate ethical standards to all aspects of accounting and business processes.
- apply financial planning and analytical skills in the operating, investing, and financing functions of a business.
- analyze the financial planning needs of individuals and apply skills learned to address those needs in various areas, including investments, insurance, risk analysis, as well as estate and retirement planning.
- apply technology to accounting and business processes through various computer tools and software.
- demonstrate communication, teamwork, and critical-thinking skills needed in today's business environment.
- explain the importance of integrating management skills into the accounting, finance, and business environment.
- describe the role of the accountant as a member of the management team, working with non-accounting professionals in the decision-making process.
|FYE101||First Year Experience||1||.50||1.50||S||REQ|
|ECO111||Principles of Macroeconomics||3||3||M||REQ|
|ENL111||English Composition I||3||3||S||REQ|
|ACC113||Introduction to Financial Accounting||3||3||M||REQ|
|MGT115||Principles of Management||3||3||M||REQ|
|ACC123||Introduction to Managerial Accounting||3||3||M||REQ|
|ECO112||Principles of Microeconomics||3||3||M||REQ|
|FIN150||Principles of Banking||3||3||M||REQ|
|ACC341||Intermediate Accounting I||3||3||M||REQ|
|FIN305||Fundamentals of Financial Planning||3||3||M||REQ|
|SCL||Science Elective with lab||4||S||SCL|
|ENL201||Technical & Professional Communication||3||3||S||REQ|
|ACC285||Accounting Information Systems||3||3||M||REQ|
|ACC346||Intermediate Accounting II||3||3||M||REQ|
|ACC||Directed Accounting Electives||3||M||ACC|
|ACC332||Income Taxation for Individuals||3||1||6||M||REQ|
|ACC461||Advanced Financial Accounting||3||3||M||REQ|
|FIN395||Retirement & Insurance Planning||3||3||M||REQ|
|ARP||Core Arts Perspective||3||S||ARP|
|ACC430||Corporation, Partnership, Estate & Trust Taxation||3||3||M||REQ|
|MKT240||Principles of Marketing||3||3||M||REQ|
|MGT301||Business Law I||3||3||M||REQ|
|BAE||Directed Business Elective||3||M||BAE|
|ACC452||Auditing||3||Writing Enriched Requirement||3||M||REQ|
|CDP||Core Global & Cultural Diversity Perspective||3||S||CDP|
|MGT497||Business Policy & Strategy||3||3||M||REQ|
|HIP||Core Historical Perspective||3||S||HIP|
ACC 480, Accounting Internship, may be used to fulfill an open elective requirement. Internships may be taken any time after the junior year upon meeting appropriate prerequisites.
Directed Accounting Electives (ACCELC): Any ACC or FIN course at the 200 level or higher.
Open Electives: Allows for internship possibilities.
The Accounting and Business programs have been accredited by the Accreditation Council for Business Schools and Programs (ACBSP).