2023-2024 Academic Catalog

Nov 21, 2024

2023-2024 Academic Catalog [ARCHIVED CATALOG]

Accountancy, BSB

Program Description

The objective of the accountancy major is to educate students for professional careers in public, industrial, governmental, and not-forprofit accounting. To this end, the program provides a broad educational experience for students and gives them a background for completing professional accounting examinations such as the CIA (Certified Internal Auditor) and CMA (Certified Management Accountant). Accountancy majors may consider a minor in either management information systems or computing and information technology. Contact an advisor in computer science for details on the CIT minor. Students interested in financial management are encouraged to complete a series of accountancy and finance courses designed to prepare them for the CFM (Certified Financial Manager) exam. This major also provides an excellent undergraduate background for a degree in law.

Students who plan to take the CPA (Certified Public Accountant) exam should pursue the Master of Accountancy program upon completion of the bachelor program in order to meet the education requirements of the Accountancy Board of Ohio.

Transfer students who major in accountancy should note that at least 20 credit hours of their accountancy courses must be taken at Wright State.

Students also can choose to concentrate in Financial Accounting and/or Accounting Analytics depending on one's interests.

The department has a chapter of Beta Alpha Psi, the national accountancy honorary fraternity.

Statement of Academic Integrity

Accounting professionals are expected at all times to maintain a high level of integrity. Similarly, accounting students are expected to maintain a high level of integrity and ethics in their study of the discipline. Accordingly, any student found to be guilty of academic dishonesty, plagiarism, etc., may be subject to expulsion from any undergraduate or graduate program offered by the Department of Accountancy.

CPA Exam

Laws in the state of Ohio and most other states require that to become a CPA, a candidate must have the equivalent of five years of college work (150 semester hours). Upon completion of a 120 semester hour BSB degree in Accountancy, students interested in taking the CPA exam are encouraged to apply for and obtain a Master of Accountancy (M. Acc.) degree. This 30 semester hour program will enable graduates to be eligible to take the CPA exam throughout the U.S. Students may apply for the M. Acc. program once they have completed 90 semester hours along with ACC 3020, ACC 3260, and ACC 3430. Students interested in pursuing a CPA are urged to contact the Department of Accountancy early in their junior year for more details.

Admission Requirements

Pre-Business - All students who declare business as their major will be admitted to this category.

Full Business (BSB) -

Students will be admitted to the BSB category once they have obtained a 2.5 GPA and 30 credit hours and have completed Tier II (2000 level) business classes. To take upper-level business courses (3000 and 4000 level) they must have completed ENG 1100, ENG 2100, ACC 2010, ACC 2020, EC 2040, EC 2050, MS 2040, MS 2050, EC 1050, or MTH 2280, FIN 2210, MKT 2500.

Learning Objectives

Graduates will demonstrate an understanding of basic accounting technical skills and the accounting knowledge necessary for accounting employment.

Graduates will demonstrate the ability to think critically.

Graduates will be able to communicate effectively.

Graduates will be able to effectively use technology expected by prospective employers.

For additional information

Program Requirements:

I. Wright State Core: 39 Hours

Element One: 6 Hours

Element Two: 4 Hours

Required:

MTH 2280 - Business Calculus Credit Hour(s): 4
OR
EC 1050 - Elementary Mathematical Economic and Business Models and Methods Credit Hour(s): 4

Element Three: 6 Hours

Element Four: 3 Hours

Element Five: 6 Hours

Required:

EC 2040 - Principles of Microeconomics Credit Hour(s): 3 or
EC 2050 - Principles of Macroeconomics Credit Hour(s): 3 (one course: 3 hrs)
FIN 2050 - Personal Financial Decision Making Credit Hour(s): 3

Element Six: 8 Hours

Additional Core Courses: 6 Hours

Required: Select either

EC 2040 - Principles of Microeconomics Credit Hour(s): 3 or
EC 2050 - Principles of Macroeconomics Credit Hour(s): 3 (one course: 3 hrs) not taken for Element Five

II. Business Core Requirements: 42 Hours

Courses that may be taken prior to admission to RSCOB:

ACC 2010 - Accounting Principles I Credit Hour(s): 3
ACC 2020 - Accounting Principles II Credit Hour(s): 3
FIN 2210 - Financial Management I Credit Hour(s): 3
MKT 2500 - Principles of Marketing Credit Hour(s): 3
MS 2040 - Introduction to Business Statistics Credit Hour(s): 3
MS 2050 - Quantitative Business Modeling Credit Hour(s): 3

Courses that require admission to the RSCOB:

EC 3010 - Economics of Global Money Markets Credit Hour(s): 3
ENG 3000 - Business Writing Credit Hour(s): 3
LAW 3000 - Legal Environment of Business Credit Hour(s): 3
MGT 3100 - Management and Organizational Behavior Credit Hour(s): 3
MGT 3110 - Business Ethics and Leadership Development Credit Hour(s): 3
MGT 4990 - Strategy: Domestic & International Perspectives Credit Hour(s): 3
MIS 3000 - Fundamentals of Information Systems Credit Hour(s): 3
SCM 3070 - Operations and Supply Chain Management Credit Hour(s): 3

III. Accounting Major Requirements: 25 Hours

Students interested in Accounting can decide to pursue a general Accounting degree and/or pursue a specific concentration in either Financial Accounting or Accounting Analytics. For the general Accounting degree, complete the following courses in III.

ACC 2070 - Careers in Accounting Credit Hour(s): 1
ACC 3010 - Intermediate Accounting I Credit Hour(s): 3
ACC 3020 - Intermediate Accounting II Credit Hour(s): 3
ACC 3230 - Management Accounting Credit Hour(s): 3
ACC 3260 - Accounting Systems Design and Implementation Credit Hour(s): 3
ACC 3430 - Federal Income Tax I Credit Hour(s): 3
ACC 4230 - Auditing Credit Hour(s): 3
MIS 4300 - Business Analytics Credit Hour(s): 3

Accounting Electives: 3 Hours

Choose one from the following three courses.

ACC 4420 - Governmental and Not-for-Profit Accounting Credit Hour(s): 3
ACC 4440 - Federal Income Tax II Credit Hour(s): 3
ACC 4460 - Financial Statement Analysis Credit Hour(s): 3

IV. Electives: 14 Hours

Financial Accounting Concentration

III. Accounting Major Requirements: 28 Hours

ACC 2070 - Careers in Accounting Credit Hour(s): 1
ACC 3010 - Intermediate Accounting I Credit Hour(s): 3
ACC 3020 - Intermediate Accounting II Credit Hour(s): 3
ACC 3260 - Accounting Systems Design and Implementation Credit Hour(s): 3
ACC 3430 - Federal Income Tax I Credit Hour(s): 3
ACC 4230 - Auditing Credit Hour(s): 3
FIN 3110 - Financial Management II Credit Hour(s): 3
FIN 3120 - Investing in Securities Credit Hour(s): 3
MIS 4300 - Business Analytics Credit Hour(s): 3

Accounting Electives: 3 Hours

Select one of two.

FIN 3210 - International Financial Management Credit Hour(s): 3
FIN 4220 - Analysis of Corporate Financial Information Credit Hour(s): 3

IV. Electives: 11 Hours

Accounting Analytics Concentration

III. Accounting Major Requirements: 25 Hours

ACC 2070 - Careers in Accounting Credit Hour(s): 1
ACC 3010 - Intermediate Accounting I Credit Hour(s): 3
ACC 3020 - Intermediate Accounting II Credit Hour(s): 3
ACC 3260 - Accounting Systems Design and Implementation Credit Hour(s): 3
ACC 3430 - Federal Income Tax I Credit Hour(s): 3
ACC 4230 - Auditing Credit Hour(s): 3
MIS 3810 - Introduction to Business Data Credit Hour(s): 3
MIS 4300 - Business Analytics Credit Hour(s): 3

Accounting Electives: 3 Hours

Select one of three.

MIS 3820 - Data Mining for Business Credit Hour(s): 3
MIS 3840 - Data Visualization for Business Credit Hour(s): 3
MIS 4700 - Data Science for Business Applications Credit Hour(s): 3

Total: 120 Hours

Graduation Planning Strategy

The Graduation Planning Strategy (GPS) has been created to illustrate one option to complete degree requirements within a particular time frame. Students are encouraged to meet with their academic advisor to adjust this plan based on credit already earned, individual needs or curricular changes that may not be reflected in this year’s catalog.

Accountancy (GPS)