{"id":20,"date":"2012-06-04T14:20:42","date_gmt":"2012-06-04T14:20:42","guid":{"rendered":"http:\/\/catalogs.wcsu.edu\/ugrad1213\/asb\/programs\/accounting\/"},"modified":"2014-08-01T16:51:52","modified_gmt":"2014-08-01T16:51:52","slug":"accounting","status":"publish","type":"page","link":"https:\/\/catalogs.wcsu.edu\/ugrad1416\/asb\/programs\/accounting\/","title":{"rendered":"Accounting"},"content":{"rendered":"

Accounting<\/h1>\n

Richard J. Proctor, Department Chair<\/strong><\/em><\/span>
proctorr@wcsu.edu<\/a>
Westside Classroom Building 386, Westside Campus
(203) 837-8744
(203) 837- 8527 (fax)<\/p>\n

TBD, Department Secretary<\/strong><\/em><\/span>
Westside Classroom Building 249, Westside Campus
(203) 837-8342
(203) 837- 8527 (fax)<\/p>\n

Faculty<\/p>\n\n\n\n\n\n
R. Proctor, Chair<\/td>\nJ. Donegan<\/td>\nM. Ganon<\/td>\n<\/tr>\n
D. Moser<\/td>\nS. McGregor<\/td>\nT. Monks<\/td>\n<\/tr>\n
G. Skiba<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Overview<\/p>\n

The accounting curriculum is divided into three closely coordinated areas: the liberal arts and sciences foundation; a common body of business courses; and an in-depth study in accounting. To assure a proper common body of knowledge for the business student, the curriculum provides for the study of the legal, social, political, and economic environments; the development of a professional understanding of the concepts and methods of accounting, quantitative methods, production, distribution, and finance; and contains a study of organization theory, including interpersonal relationships, control, and motivation.<\/p>\n

Mission<\/p>\n

The accounting department seeks to provide students with an education that focuses on the common body of knowledge of accounting and the development and application of skills needed for entry into the professions.<\/p>\n

Degree Programs in Accounting<\/p>\n

The accounting program consists of the following academic areas of study:<\/p>\n\n\n\n\n\n\n\n\n
Liberal Arts & Sciences<\/td>\n42 semester hours<\/td>\n<\/tr>\n
Business Common Core courses**<\/td>\n30 semester hours<\/td>\n<\/tr>\n
Accounting Major Core courses<\/td>\n27 semester hours<\/td>\n<\/tr>\n
Financial or Managerial Accounting option<\/td>\n6 semester hours<\/td>\n<\/tr>\n
Free electives<\/td>\n17 semester hours*<\/td>\n<\/tr>\n
Total credit hours<\/td>\n122 semester hours<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

* At least 16 semester hours of the free electives must be non-business courses. Prospective students should request an accounting departmental program sheet which details the current requirements for graduation.<\/p>\n

** Business Common Core Courses:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
FIN 230<\/td>\nBusiness Statistics<\/td>\n<\/tr>\n
ACC 201<\/td>\nFinancial Accounting<\/td>\n<\/tr>\n
ACC 202<\/td>\nManagerial Accounting<\/td>\n<\/tr>\n
MGT 250<\/td>\nOrganizational Behavior<\/td>\n<\/tr>\n
MGT 320<\/td>\nOperations Management<\/td>\n<\/tr>\n
MIS 260<\/td>\nInformation Systems Concepts<\/td>\n<\/tr>\n
MKT 301<\/td>\nPrinciples of Marketing<\/td>\n<\/tr>\n
FIN 310<\/td>\nPrinciples of Finance<\/td>\n<\/tr>\n
JLA 240<\/td>\nCommercial Law or<\/em> ACC 340 Business Law I (for accounting majors)<\/td>\n<\/tr>\n
MGT 415<\/td>\nStrategic Management<\/td>\n<\/tr>\n
FIN 310<\/td>\nPrinciples of Finance<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a>Bachelor of Business Administration In Accounting (B.B.A.)<\/p>\n

Requirements:<\/p>\n

All undergraduate accounting students take a common accounting curriculum of 27 semester hours beyond the nine semester hours included in the business common core.<\/p>\n

The following courses are required for the B.B.A.:
\u00a0\u00a0\u00a0\u00a0 ACC 301 Intermediate Financial Accounting I
\u00a0\u00a0\u00a0\u00a0 ACC 302 Intermediate Financial Accounting II
\u00a0\u00a0\u00a0\u00a0 ACC 303 Intermediate Financial Accounting III
\u00a0\u00a0 \u00a0 ACC 361 Cost Accounting
\u00a0\u00a0\u00a0\u00a0 ACC 403 Federal Taxation
\u00a0\u00a0\u00a0\u00a0 ACC 404 Advanced Taxation
\u00a0\u00a0\u00a0\u00a0 ACC 405 Auditing
\u00a0\u00a0\u00a0\u00a0 ACC 407 Consolidation, Governmental and Not-For-Profit Accounting
\u00a0\u00a0\u00a0\u00a0 ACC 410 Fraud Examination<\/p>\n

In addition, an accounting student must choose either the financial accounting option or the managerial accounting option by taking an additional six semester hours of courses specified below.<\/p>\n

Financial Accounting Option<\/p>\n

Students wishing to sit for the Certified Public Accountant (CPA) exam should select this option and take the following additional courses:<\/p>\n

\u00a0\u00a0\u00a0 ACC 341 Business Law II<\/p>\n

Plus one of the following:<\/p>\n

\u00a0\u00a0\u00a0 ACC 411 Valuation of Closely Held Businesses
\u00a0\u00a0\u00a0 ACC 412 Valuation of Damages and Lost Profits<\/p>\n

Managerial Accounting Option<\/p>\n

Students primarily interested in careers in corporate or non-profit organizations and planning to sit for the Certified Management Accounting (CMA) exam should select this option and take the following additional courses:<\/p>\n

\u00a0\u00a0\u00a0\u00a0 FIN 320 Financial Management<\/p>\n

Plus one of the following:<\/p>\n

\u00a0\u00a0\u00a0\u00a0 MGT 340 Total Quality Management
\u00a0\u00a0\u00a0\u00a0 MIS 311 Business Models
\u00a0\u00a0\u00a0\u00a0 MIS 405 Business Applications Using Microcomputers
\u00a0\u00a0\u00a0\u00a0 ACC 411 Valuation of Closely Held Businesses
\u00a0\u00a0\u00a0\u00a0 ACC 412 Valuation of Damages and Lost Profits<\/p>\n

Course Restrictions <\/span><\/p>\n

For a complete list of prerequisites, corequisites and other restrictions for all courses, please consult the Course Description section of this catalog.<\/p>\n

Graduation Requirement:<\/p>\n

To graduate, a student must:<\/p>\n

    \n
  1. Obtain a cumulative grade point average (GPA) of 2.3 or better in all courses completed;<\/li>\n
  2. Obtain a C+ or better in ACC 201 and;<\/li>\n
  3. Obtain a 2.0 GPA in all accounting courses.<\/li>\n<\/ol>\n

    Learning Outcomes<\/p>\n

    A\u00a0graduate of\u00a0the\u00a0Accounting\u00a0Department\u00a0should be able to:<\/p>\n