BA in Accounting

The Bachelor of Arts in Accounting prepares students for careers in profit and non-profit organizations by teaching core accounting principles through the lens of a Christian worldview.

Objectives:

On completion of this major, students should be able to:

• Apply fundamental and technical accounting concepts.
• Demonstrate proficiency in financial and tax document preparation.
• Assess accounting issues through the lens of a Christian worldview.
• Evaluate the financial condition of a business and propose courses of action.

MAJOR72 Hours

Business39

• BUS1070 Microeconomics3
  Principles of economic analysis with emphasis on microeconomic theory as it applies to the decision-making of households, businesses, and industries in the current economic environment, including scarcity of resources, opportunity cost, supply & demand, specialization and trade, and the role of government. Pre-requisite: MAT1250 or higher
• BUS2070 Macroeconomics3
  Introduction to economic analysis at the aggregate level, including the impact of both domestic and international policies on key economic indicators and on overall macroeconomic performance. Recommended: College-level economics course
• BUS2800 Business Ethics3
  Theoretical and practical problems of ethical behavior and decision-making in the workplace, and development of a biblically based framework for moral and ethical issues.
• BUS3050 Business Law3
  Principles and practices of law, and their impact on business situations, emphasizing the dynamic interaction between the individual, organization, and society, in the context of Christian ethics and proper business conduct.
• BUS4600 International Business3
  Operating a business in today’s international marketplace from a faith-based perspective, including how businesses interact with and are affected by political, economic, social, technological, environmental, and legal issues.
• BUS4750 Investment Management Strategy3
  Developing and managing personal or institutional investment portfolios to achieve consistent growth and preservation of principle. Includes strategies for development, recommendation, and management of a stock portfolio using electronic trading platforms, valuation techniques, and other financial analytics.

  Prerequisite: ACC2020
• FIN2010 Introduction to Financial Management3
  Foundational financial theory and its application to management decision-making and firm valuation.

  Prerequisite: MAT2050 or higher
• FIN4000 Financial Management3
  The major topics in finance and a theoretical foundation to evaluate organizational finance issues and apply theory in practice.

  Prerequisite: FIN2010
• MAT3300 Statistics3
  Statistics is the method of conducting a study about a topic by collecting, organizing, interpreting, and presenting data. This course prepares the student to perform statistical analysis of data sets. Topics include descriptive statistics, probability, sampling distributions, interval estimation, hypothesis testing and regression.
• MGT1000 Introduction to Management3
  Accepted management principles from historic and contemporary perspectives with application to not-for-profit and for-profit organizations.
• MGT4260 Strategic Management3
  This course will address the system concepts, methodologies, and tools to strategically plan and effectively manage core competencies needed by businesses in today’s global environment.

  Prerequisite: MGT1000
• MKT1050 Introduction to Marketing3
  The interacting marketing activities of analysis, planning, implementation, and control with a focus on competitive and customer analysis, marketing strategy development, and implementations for decision-making in domestic and global organizations. The course incorporates current developments in marketing, including the social, legal, ethical, and technological environments of marketing. Students apply these skills and concepts in a real marketing situation to make recommendations for marketing strategy and tactics.

Please choose one of the following:

• MAT2050 Applied Math (Online Campus)3
  A review of basic math functions with emphasis on real-world application, including fundamentals of banking, pricing, payroll, interest, reading and analyzing financial statements, taxes, insurance, and investments, and application of these concepts to situations in business and personal life.
• Mathematics Elective in MAT (Circleville Campus)3

*Online students may count MAT2050 as a Mathematics elective in the General Education Core. MAT2050 does not fulfill General Education Mathematics requirements for Circleville Campus students.

Accounting33

• ACC2020 Accounting I3
  The double-entry system of bookkeeping and the basic accounting cycle, including communicating financial information according to generally accepted accounting principles.

  Prerequisite: MAT1250 or higher
• ACC2460 Accounting Software Applications3
  This hands-on course introduces students to the use of computerized accounting software for a small business. Topics include setting up a new company, creating a chart of accounts, recording banking, customer, and vendor transactions, using inventory, recording payroll, making adjusting entries, and generating financial statements and management reports.

  Prerequisite: ACC2020
• ACC2300 Individual Income Taxation3
  Federal tax laws and their impact on individuals, estates, and trusts, including tax return preparation.
• ACC3020 Accounting II3
  The acquisition, analysis, and reporting of financial information for the individual manager and the organization with special attention to the planning and control responsibilities of practicing managers. Students should gain confidence in their ability to interpret and use financial information for more effective decision-making.

  Prerequisite: ACC2020
• ACC4020 Intermediate Accounting I3
  Continuation of ACC3020, addressing financial statement preparation and presentation to external users.

  Prerequisite: ACC3020
• ACC4030 Introductory Auditing3
  Evidential procedures involved in supporting the various types of audits, in compliance with Generally Accepted Auditing Standards (GAAS).

  Prerequisite: ACC3020
• ACC4040 Managerial Accounting3
  Methods of managerial accounting, including the development of analytical skills, cost accounting as a tool for business strategy and implementation, and the values and behaviors that make managerial accountants effective in the workplace.

  Prerequisite: ACC3020
• ACC4120 Intermediate Accounting II3
  Continuation of ACC4020, addressing financial statement preparation and presentation to external users.

  Prerequisite: ACC4020
• ACC4200 Cost Accounting3
  Developing and organizing cost and accounting data for planning and control decisions, including job-order, budgeting, cost-volume-profit analysis, and categorizing of costs for payroll, materials, overhead, labor, and other cost categories.
• ACC4400 Business Tax Accounting3
  This course introduces the Federal tax laws and their impact on business corporations, partnerships, and non-profit entities, including tax return preparation.
• ACC4800 Accounting Capstone3
  This course integrates learning from financial, managerial, auditing, and tax undergraduate accounting courses. The goal of the course is to help students synergize the ethical, legal, and regulatory requirements in accounting and develop the skills necessary to research and apply accounting concepts to the issues that they will encounter in accounting today. The students will examine real-world accounting cases that are designed to demonstrate their understanding and mastery of accounting concepts.