ACCOUNTING (ACCT)

Karen V. Pincus, Department Chair, 204 B.A. Building, 575-4051

WALTER B. COLE CHAIR IN ACCOUNTING PROFESSOR GLEZEN; PROFESSORS PINCUS; RALPH McQUEEN CHAIR OF ACCOUNTING ASSOCIATE PROFESSOR BOUWMAN; ASSOCIATE PROFESSORS SELLERS, THOMAS; ASSISTANT PROFESSORS AUSTEN, BLACK, CARNES, DENG, LEFLAR; INSTRUCTORS CALDWELL, LEE, LITTLE


The mission of the Department of Accounting is to cultivate an environment of educational excellence. We do so by:
· Providing a learning environment in which students interact with others to identify and solve accounting and business problems.
· Developing and disseminating knowledge that has the potential for significant impact on accounting, business, and education.
· Interacting with the accounting profession, the business and academic communities, and the community at large.

The Department of Accounting offers an undergraduate degree program in Accounting and graduate programs at both the master's and doctoral levels. The department's programs are accredited by the American Assembly of Collegiate Schools of Business (A.A.C.S.B.), which ensures quality and promotes excellence and continuous improvement in undergraduate and graduate education.

A major in the accounting is preparation for success in the business world. Every business needs accounting help, whether it is the largest retail company in the world, a small family-owned enterprise, an agency for the homeless, or a musical group touring the country. The accounting major provides an excellent foundation for a variety of careers.

For example, the professional public accountant provides auditing and accounting services to client business and nonbusiness organizations in a variety of industries. A management accountant works for a particular organization in its finance and operations areas or becomes part of the management team. Some accountants are employed by non-profit organizations such as the American Cancer Society, state and local governments or government agencies like the FBI. Other accounting graduates are self-employed in a variety of professions or businesses, and some continue in graduate school to prepare for teaching careers.

Professional examinations, such as the Certified Public Accountant (CPA) or Certified Management Accountant (CMA) examinations, are governed by the organizations that administer the exam. Students should see the Accounting Department (upon enrollment in the University of Arkansas) for information relative to the professional exams.

The education objective at the undergraduate level is to provide an environment in which students learn skills necessary to become professional accountants, including information development and distribution; knowledge of accounting, auditing, and tax; knowledge of business and society; communication skills; analytical and decision making skills; leadership; and professionalism.

 


ACCOUNTING MAJOR REQUIREMENTS

University Core Requirements
Click here for University Core requirements
Additional General Education Requirements

MATH 2043, Survey of Calculus 3
COMM 1313, Fundamentals of Comm 3
ECON 2013, Prin. of Macroeconomics25 3
ECON 2023, Prin. of Microeconomics25 3
ECON 3000/4000 (Jr./Sr. level required........ 3
General Education Electives25 13

Total General Education 63

College of Business Administration Core Requirements

Course Requirements in the Major 22
ACCT 3533, Accounting Technology 3
ACCT 3613, Mgrl Uses of Acct Info 3
ACCT 3721L, Fin. Acct. Computer Lab
ACCT 3723, Fin. Reporting & Analysis
ACCT 3843, Fundamentals of Taxation
ACCT 4673, Product, Project & Service Costing
ACCT 4753, Generally Accepted Accounting Principles
ACCT 4963, Operational Auditing
Junior/Senior electives within College of Business Administration
(Only 3 hours are permitted within major field)

Total College of Business Administration Requirements 63

Total Degree Requirements 126

 


Recommended Program in Accounting

Freshman Year - First Semester Second Semester

3 ENGL 1013, Composition I
3 MATH 2053, Finite Mathematics
3 COMM 1313, Fundamentals of Comm
1 CISQ 1121L, Intro to Computer Information Systems
4 Laboratory science
3 University core

17 semester hours

3 ENGL 1023, Composition II
3 MATH 2043, Survey of Calculus
4 Laboratory science
6 University core

16 semester hours

Sophomore Year - First Semester Second Semester

3 ACCT 2013, Intro to Accounting Info. I
3 BLAW 2013, Legal Environment of Business
3 ECON 2013, Principles of Macroeconomics
2 CISQ 2232, Business Info. Systems
6 Univ. core/General education elective

17 semester hours

3 ACCT 2023, Intro to Accounting Info II
3 ECON 2023, Principles of Microeconomics
3 CISQ 2013, Business Statistics
6 Univ. core/General education elective

15 semester hours

Junior Year - First Semester  Second Semester

3 ACCT 3533, Accounting Technology
3 ACCT 3613, Mgrl Uses Of Acct Info
3 CISQ 3333, Info Systems Mgmt
3 MGMT 3563, Mgmt Concepts/Orgn Behav
3 Univ. core/General education elective

15 semester hours

1 ACCT 3721L, Fin. Acctg Computer Lab
3 ACCT 3723, Fin. Reporting & Analysis
3 ACCT 3843, Fundamentals of Taxation
3 CISQ 3603, Production & Ops Mgmt
3 FINN 3043, Fin Mgmt Theory/Practice
3 Jr./Sr. economics elective

16 semester hours

Senior Year - First Semester  Second Semester

3 ACCT 4753, Gen. Accepted Acct. Principles
3 ACCT 4673, Prod. Proj. & Serv. Costing
3 MKTT 3433, Principles of Marketing
2 Business administration elective
4 Univ. core/General education electives

15 semester hours

3 ACCT 4963, Operational Auditing
3 MGMT 4833, Strategic Management
6 Business administration electives
3 General education elective

15 semester hours

 

NOTE: Selection of electives should be made in consultation with academic advisers. Students planning on taking professional examinations should ascertain course requirements by examining authorities. Successful completion of a Master of Accountancy Degree from the University of Arkansas will qualify a student to take the CPA examination in Arkansas. BSBA graduates would need additional accounting hours and other courses amounting to a total of 150 semester hours to sit for the CPA exam in Arkansas.



 

98-99 Catalog of Studies | College of Business Administration