Accounting Major

Description

The accounting program is designed to enable students to develop an understanding of and proficiency in accounting concepts and techniques. Building on the principles of accounting, students study accounting systems, taxation, financial reporting, auditing, income determination, account valuation, and the role of accounting in the allocation and use of resources.

Students completing the accounting program are prepared for a variety of accounting and related career options and the CPA (Certified Public Accountant), CMA (Certified Managerial Accountant), and CIA (Certified Internal Auditor) examinations.

Gonzaga University also offers the opportunity for students to receive a Masters of Accountancy Degree. Please visit the MAcc Program page for further information.

Degree Requirements

In addition to the General Degree Requirements of the University, the Bachelor of Business Administration degree requires the following:

• Completion of the core curriculum of the School;
• Completion of the requirements for a major course of study within the School;
• Completion of a comprehensive exam BUSN 499 in the last semester prior to graduation;
• A minimum 2.00 grade point average in all course work taken in the major field;
• Of the 128 credits required for the degree, 50 credits must be earned outside the School of Business Administration.
• At least 50 percent of all business courses (core and major requirements) must be taken at Gonzaga.

Core Courses                                                                             (97 credits)   

The core curriculum or common body of knowledge of the School of Business Administration consists of 97 credits which are common to, and required of, all degree programs in the School: the first 31 credits form the University Core while the remaining 66 credits are common to all School of Business Administration major programs.

University Core                                                                           31 credits

Business Core                                                                              66 credits

For a complete description of the School of Business Courses visit the School of Business Core Courses page.

Major Courses                                                                            (21 credits)

The accounting program requires completion of 24 credits in the following areas:

* Any Accounting course can be used as an elective except for ACCT 369   Business Law for Accountants.

General Electives                                                                       (10 credits)

At least 10 additional credits need to be taken as general electives

Course Descriptions

ACCT 260 Principles of Accounting I

Introduction to financial accounting with emphasis on the preparation and analysis of basic financial statements of business organizations. Prerequisite: second year standing. Fall and Spring.

ACCT 261 Principles of Accounting II

An introduction to managerial and cost accounting concepts and techniques. Topics include cost determination, and the uses of cost data for managerial planning, control, and decision-making. Prerequisite: ACCT 260. Fall and Spring.

ACCT 263 Accounting Analysis

An accounting foundation course for undergraduate engineering majors who are applying for admission to the MBA program. The course introduces the student to accounting and reporting, including international accounting and emphasizes preparation, analysis, and interpretation of general purpose financial reports and uses of accounting information for decision-making. Spring.

ACCT 360 Intermediate Accounting I

An intensive study of financial accounting theory and practice. Topics include recognition, measurement, and reporting of assets, liabilities, corporate equity, revenues, and expenses; preparation and analysis of the principal financial statements. Prerequisite: ACCT 261 and third year standing. Fall.

ACCT 361 Intermediate Accounting II

Continuation of ACCT 360. Prerequisite: ACCT 360. Spring.

ACCT 362 Accounting Information Systems

A study of the role of accounting information systems in organizational decision making and control. The course includes coverage of the theory and practice of information processing, internal controls, and systems analysis and design related to major transaction cycles. Prerequisite: BMIS 235 and ACCT 261, third year standing. On sufficient demand.

ACCT 363 Cost Accounting

An examination of product costing. Topics include budgeting, job order and process costing, variable costing, cost allocation, relevant costing for decision making, production variances, and divisional performance measurement. Prerequisite: ACCT 261 and third year standing. Fall.

ACCT 365 Federal Taxation

Fundamentals of federal taxation with emphasis on individual taxation and tax planning. Topics include income, deductions, losses, and credits in addition to capital asset and other property transactions. Prerequisite: ACCT 261 and third year standing. Spring.

ACCT 366 Advanced Federal Taxation

A study of corporate, partnership, estate and gift, and international taxation is conducted in this course. Current issues in taxation relating to both business and individual taxation will be discussed, along with an examination of tax procedures and tax practice. Fall.

ACCT 368 Not-for-Profit Accounting

This course investigates accounting principles and procedures as applied to governmental and not-for-profit organizations such as universities, heath care agencies, and health and welfare organizations. On sufficient demand.

ACCT 369 Business Law for Accountants

Emphasis on business and commercial law, particularly the Uniform Commercial Code. Recommended for CPA examination preparation. Prerequisite: third or fourth year standing. Spring.

ACCT 460 Advanced Accounting

Advanced topics in accounting theory and practice, including intercorporate investments, consolidated financial reports, international accounting, and governmental and NFP accounting. Prerequisite: ACCT 361. Fall.

ACCT 464 Auditing

A study of auditing concepts and practices. Includes audit planning and procedures, E.D.P. auditing, statistical sampling,ethical considerations, and report writing. Prerequisite: ACCT 361. Fall.

ACCT 466 Accounting Integration I

Accounting theory, cases and problem solving in preparation for the uniform CPA examination. Prerequisite: fourth year standing. Spring.

ACCT 467 Accounting Integration II

A continuation of ACCT 466. Prerequisite: ACCT 466 or permission. Spring.

ACCT 489 Special Topic Seminar

Credit by arrangement. Prerequisite: Accounting major. Fall or Spring or Summer.

ACCT 491 Directed Study

An individually designed course appropriate to a student's concentration. Prerequisite: third or fourth year standing and Dean's permission. Summer.

ACCT 497 Internship

Work experience directly related to the student's area of concentration. Guidelines are available from the Internship Director. Prerequisite: third or fourth year standing; minimum cumulative g.p.a. of 3.0. Fall, Spring, or Summer.