Accounting is the study of methods involved in making a financial record of business transactions and the preparation of statements concerning the assets, liabilities, and operating results of a business.
Description of Major
The accounting concentration is intended for students who wish to enter the accounting profession, pursue graduate study in accounting, and maybe sit for the CPA examination. In addition to a broad liberal arts foundation and broad business perspective, the accounting curriculum provides students with a broad accounting perspective as well as technical accounting knowledge. The foundation of study in accounting includes economic and managerial perspectives on the relationships among business activity, economic outcomes, and evaluation of business performance. In-depth study in financial reporting, managerial accounting, taxation, and auditing builds the technical knowledge.
Skills & Knowledge Developed in this Field of Study
The accounting major equips the prospective business executive with tools for intelligent analysis, planning, control, and decision making. In addition to technical expertise, students develop oral and written presentation skills, listening skills, leadership, and career preparedness.
Minors and Second Majors that Expand Career Options with this Major
Computer information systems, finance, international studies, journalism, management, and telecommunications.
Career Options
Careers Specific to the Bachelor's Degree
The accounting curriculum prepares students for careers in auditing, corporate accounting, accounting positions in government and not-for-profit organizations, and taxation.
Other Career Possibilities with a Bachelor's Degree
Management consulting. The accounting curriculum also provides an excellent foundation for the student who wants to pursue graduate study in business, public administration, and law.
Careers that Normally Require a Graduate Degree
Chief financial officer, teaching and research in colleges and universities.
Employment Opportunities
Job Outlook
According to the Department of Labor’s Occupational Outlook Handbook, employment of accountants is expected to grow about as fast as the average for all occupations through the year 2010. Qualified accountants are expected to have fairly good job prospects. CPAs should continue to enjoy the widest range of job opportunities. Competition for the most prestigious jobs will remain keen.
High School Preparation
In addition to meeting the regular admission requirements to the desired University, students interested in majoring in accounting should have a strong background in writing, speaking, and math. Experience with computers and various business software programs is also helpful.
