Accounting - BA

 

The Accounting major helps students understand and master the conceptual framework used to measure and report an organization's economic events. In accordance with professional and ethical standards, students analyze and evaluate accounting practices and systems to understand how they should and do function in business entities. They learn fiduciary responsibility and professional accountability. Communication skills in conveying information to both internal and external stakeholders are developed. In addition, this major promotes skills in problem solving, decision-making, systems analysis, and planning within financial, economic, managerial, and technological contexts. Accounting is an important foundation for careers in finance, auditing and administration within both the public and private sectors. 

Completion of this major does not guarantee eligibility to sit for CPA exams due to differences in state requirements.  Students planning to sit for a CPA exam should work closely with their advisor on specific/additional requirements prior to graduation.

 

 

 

Degree Requirements

Foundation Courses

ACC 20364ACCOUNTING FOR BUSINESS OPERATIONS (4)
ECO 20163MACROECONOMICS (3)
ECO 20263MICROECONOMICS (3)
MAT 10643COLLEGE ALGEBRA (3)
OR
MAT 20043DISCRETE MATHEMATICS (3)
OR
MAT 20143BUSINESS MATHEMATICS (3)
OAD 30763BUSINESS STATISTICS (4)
OAD 31664BUSINESS ETHICS (3)

MAT 20043 is recommended to fulfill foundation requirement. 

Required Major Courses

ACC 20464FINANCING AND INVESTING ACTIVITIES (4)
ACC 30163COST ACCOUNTING (4)
ACC 33164INTERMEDIATE ACCOUNTING I (4)
ACC 33264INTERMEDIATE ACCOUNTING II (4)
ACC 36264FEDERAL INCOME TAX (4)
ACC 40164ADVANCED ACCOUNTING (4)
ACC 40165ADVANCED ACCOUNTING II (4)
ACC 44163AUDITING (4)
ACC 49060SEMINAR IN APPLIED ACCOUNTING (4)
FIN 30000FOUNDATIONS OF FINANCE (3)

*If Federal Income Tax is transferred from another university, the course must have been completed within the last five years*

 

Dual-Degree Option

Eligible students may apply for Ottawa University's Five-Year Combined Bachelor of Arts in Accounting/Master of Accountancy (MAcc) program.

Current OU accounting majors who meet the following criteria may apply to the MAcc program:

  • Junior standing or higher (at least 90 credit hours)
  • A minimum cumulative OU grade point average of 3.0

Admission in to the program as an OU undergraduate does not require the GMAT, essays, or any letters of recommendation.  OU students should apply for admission to the MAcc program while enrolled in ACC 33264 Intermediate Accounting II or ACC 40164 Advanced Accounting.

As a senior in the Five-Year Combined BA Accounting/MAcc Program, students will enroll in three graduate classes that will count toward the BA in Accounting as indicated below.  These courses will replace specific courses offered in the BA Accounting degree.  A special course number has been assigned (see below) to these courses taken by students in the Five-Year Combined program.  Students will need to understand the requirements for these courses are more rigorous.

ACC 5003   Advanced Financial Accounting and Reporting (replaces ACC 40165; prerequisite ACC 40164)

ACC 5006   Advanced Income Taxation (replaces ACC 36244; prerequisite ACC 20464)

ACC 5400   Advanced Auditing and Forensic Accounting (replaces ACC 44163; prerequisites ACC 33164; ACC 36264; MAT 20044 or OAD 30763)

Elective Concentrations Available:

Actuarial Science

Economics

Finance

Leadership and Management

Marketing