Accounting

Table of Contents

Overview of Accounting
Major Field & Supporting Sequence Requirements for Accounting 2005 and 2006
        Accounting Courses
        Additional Accounting Courses
        Two Piece Sequences
                CPA Preparation
                Decision Sciences
                Economics
                Insurance
                International Business
                Management
                Management Information Systems
                Marketing
                Real Estate
                Supply Chain and Information Systems
        Minors
Semester by Semester Course Planning for Accounting 2005 and 2006


Overview of Accounting

The Bachelor of Science degree in Accounting helps prepare students for careers in public, industrial, or governmental accounting and also provides an appropriate background for those planning to enter law school or graduate school. Public accounting is carried on by independent practitioners, most of whom are certified public accountants. In addition to independent audits, CPAs render accounting, tax, and management advisory services. The credit requirements to sit for the CPA examination in Pennsylvania and many other states are automatically met by completing the prescribed curriculum. There are however, exceptions. For detailed information, visit the National Association of State Boards of Accountancy website.

Major Field & Supporting Sequence Requirements for Accounting 2005 and 2006

  1. Accounting Courses

    Take all of the following Accounting courses (15 credits) - A grade of "C" or higher is required in ACCTG 211, ACCTG 405, ACCTG 471, ACCTG 472 and ENGL 202D.

    ACCTG 471 (3) Intermediate Financial Accounting I[Prerequisite: ACCTG 211]
    ACCTG 404 (3) Managerial Accounting[Prerequisite: ACCTG 211, MS&IS 200 or STAT 200, ECON 002]
    ACCTG 405 (3) Principles of Taxation[Prerequisites: ACCTG 211, B A 301, B A 304]
    ACCTG 403W (3) Auditing[Prerequisite: ACCTG 471; Pprerequisite or concurrent B A 411]
    ACCTG 472 (3) Intermediate Financial Accounting II[Prerequisite: ACCTG 471]
  2. Additional Accounting Courses

    Select six credits of additional Accounting courses

    ACCTG 406 (3) Advanced Federal Taxation[Prerequisite: ACCTG 405]
    ACCTG 432 (3) Accounting Information Systems[Prerequisite: ACCTG 471, M I S 204]
    ACCTG 473 (3) Advanced Financial Accounting[Prerequisites: ACCTG 472]
    ACCTG 481 (3) Financial Statement Analysis[Prerequisite: ACCTG 472]

    ACCTG 432 and ACCTG 473 are offered in the Fall Semester
    ACCTG 406, ACCTG 473 and ACCTG 481 are offered in the Spring Semester
  3. Two Piece Sequences

    Select one Two-Piece Sequence (6 credits) from the following list
    • CPA Preparation

      - Take the following two courses
      B LAW 444 (3) Advanced UCC and Commercial Transactions
      ACCTG 473 (3) Advanced Financial Accounting [Cannot double count in Additional Area above]
    • Decision Sciences

      - Select two courses from the following

      B A 427 (3) Risk and Decisions
      B A 450 (3) Optimization for Business Decisions
      B A 455 (3) Simulation Models of Business Processes
    • Economics

      - Select two courses from the following

      Select 3 credits of 300/400 level Economics
      Select 3 credits of 400 level Economics
    • Insurance

      - Take the following two courses

      INS 301 (3) Risk and Insurance
      INS 405 (3) Corporate Risk Management
    • International Business

      - Select two courses from the following

      I B 303 (3) International Business Operations
      I B 403 (3) International Business and National Policies
      I B 404 (3) Contemporary Issues in International Business
    • Management

      - Take the following two courses

      MGMT 326 (3) Organizational Behavior and Design
      MGMT 471 (3) Strategic Management
    • Management Information Systems

      - Take the following two courses

      M I S 431 (3) Business Data Management
      M I S 432 (3) Information Systems Analysis, Design, and Implementation
    • Marketing

      - Take the following two courses

      MKTG 330 (3) Buyer Behavior
      MKTG 445 (3) Global Marketing
    • Real Estate

      - Select two courses from the following

      R EST 301 (3) Real Estate Fundamentals
      R EST 420 (3) Analysis of Real Estate Markets
    • Supply Chain and Information Systems

      - Take the following two courses

      SC&IS 404 (3) Demand Fulfillment
      SC&IS 405 (3) Manufacturing and Service Strategies
  4. Minors

    In lieu of a sequence, complete a University approved minor

Semester by Semester Course Planning for Accounting 2005 and 2006

1st Semester

First-Year Seminar (1-2)
ENGL 015 or 030 (3)
MATH 110 or 140 (4)
ECON 002 (3)
Foreign Language (4)

2nd Semester

CMPSC 203 (GQ) (4)
ECON 004 (3)
Foreign Language or Electives (4)
Natural Science (GN) (3)

3rd Semester

ACCTG 211(4)
[B A 241 & B A 242] or B A 243 (4)
Foreign Language or Electives (4)
General Education (GA/GH/GS) (3)

4th Semester

MS&IS 200 or STAT 200 (4)
M I S 204 or IST 110 (2-4)
ENGL 202D (3)
CAS (SPCOM) 100 (3)
Natural Science (GN) (3)

5th Semester

B A 301 (2)
B A 304 (2)
ACCTG 471 (3)
Two-Piece Sequence (3)
Health/ESACT (GHA) (3)
Global Awareness (GA/GH/GS) (3)

6th Semester

B A 302 (2)
B A 303 (2)
ACCTG 472 (3)
ACCTG 404 or 405 (3)
General Education (GA/GH/GS) (3)
Global Awareness (GA/GH/GS) (3)

7th Semester

ACCTG 405 or 404 (3)
ACCTG 4xx (3)
B A 411 (3)
General Education (GA/GH/GS) (3)
Natural Science (GN) (3)

8th Semester

ACCTG 403W (3)
ACCTG 4xx (3)
Two-Piece Sequence (3)
General Education (GA/GH/GS) (3)
Electives (0-2)

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Copyright © 1997-2006 Victor W. Brunsden, vwb2@psu.edu
Maintained by Victor W. Brunsden, vwb2@psu.edu