9.1. Accounting

Programs offered:
B.S. in Accounting
B.B.A. in Accounting
Minor in Accounting (TU)
Minor in Accounting (ADP)

Accounting is the language of business. Accounting provides quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making business and economic decisions. Accounting students become acquainted with the sources and uses of financial information and develop the analytical ability necessary to produce and interpret such information. The students learn to observe economic activity; to select from that activity the events which are relevant to a particular decision; to measure the economic consequences of those events in quantitative terms; to record, classify and summarize the resulting data and to communicate the information in various reports and statements to the appropriate users and decision makers.

Accounting students gain the conceptual foundation and basic professional skills to begin a career in accounting. There are many attractive career fields including public accounting, industry, government and non-profit organizations. Accounting provides an excellent educational background for anyone going into business. With the skills gained from accounting, the student will have an appropriate background for such related careers as financial services, management, industrial engineering, law and others or the ability to pursue graduate education. Internships are available to help prepare students for an accounting career after graduation. The major in Accounting will assist the student to prepare for several qualifying examinations in accounting and finance such as Certified Public Accountant (CPA), Certified Management Accountant (CMA) and Certified Financial Analyst (CFA).

The minor in Accounting provides students with a thorough grounding in financial and managerial accounting and an introduction to one or more of the advanced areas of accounting. The Accounting minor is appropriate for students who will use accounting information in their career following graduation (whether in a corporate, small business, or a nonprofit setting), for those students who are interested in combining their accounting knowledge with a graduate degree in another field, and for those students who intend to obtain a master’s degree in accounting before sitting for the CPA examination.

B.S. in Accounting (see Sec. 8.5.4. for a complete list of B.S. graduation requirements)

  1. Completion of all the following courses:
    ACC 230 Financial Accounting
    ACC 231 Managerial Accounting
    ACC 240 Business Law I
    ACC 332 Intermediate Accounting I
    ACC 333 Intermediate Accounting II
    ACC 334 Cost and Managerial Accounting
    ACC 335 Income Tax Accounting: Individuals
    ACC 435 Advanced Accounting
    ACC 437 Auditing
    BUS 260 Principles of Management
    BUS 275 Business Analytics
    BUS 310 Corporate Finance
    BUS 350 Marketing
    BUS 469 Strategic Management
    ECO 120 Principles of Microeconomics
    ECO 122 Principles of Macroeconomics
  2. Additional requirements and things to note:
    1. A grade of “C-” or better is required in all courses contributing to the major.
    2. All upper level Accounting courses must be taken at Oglethorpe unless special
      permission is given by the Accounting program coordinator in consultation with the
      division chair (or designee).
    3. No upper level courses taken in completion of the major can be used towards any
      other major or minor offered within the division of economics and business administration.
    4. For Accounting majors who are interested in qualifying to take the CPA exam,and particularly if the student ultimately intends to qualify for a CPA license after passing the CPA exam, there is considerable additional course work required above and beyond that needed for the Accounting major. All such students are strongly urged to consult with a full-time member of the Accounting faculty early enough in the student’s career to plan appropriately.

B.B.A. in Accounting (see Sec. 8.5.3. for a complete list of B.B.A. graduation requirements)

The requirements are identical to those for the B.S. in Accounting (see above).

Minor in Accounting (TU)

  1. Completion of all the following courses:
    ACC 230 Financial Accounting
    ACC 231 Managerial Accounting
    ACC 332 Intermediate Accounting I
    ACC 333 Intermediate Accounting II
  2. Completion of one additional upper level Accounting course.
  3. Additional requirements and things to note:
    1. A grade of “C-” or better is required in all courses contributing to the minor.
    2. All upper level Accounting courses must be taken at Oglethorpe unless special permission is given by the Accounting program coordinator in consultation with the division chair (or designee)
    3. No upper level courses taken in completion of the minor can be used towards any other major or minor offered within the division of economics and business administration.

Minor in Accounting (ADP)

The requirements are identical to those for the Minor in Accounting (TU) (see above).