Business: Accounting
About the Program
Do you want to study business administration and a focused area of emphasis? Do you enjoy measuring, processing, and communicating about financial information? If so, pursuing a Bachelor of Innovation in Business with an emphasis in Accounting may be right for you.
Business: Accounting majors are prepared for careers in financial accounting, managerial accounting, accounting systems, taxation, and auditing in public accounting, business and industry, and not-for-profit and governmental organizations.
What do Business: Accounting B.I. students study?
Business is the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. A business, then, is an organization which seeks to make a profit through individuals working toward common goals. The goals of the business will vary based on the type of business and the business strategy being used.
Regardless of the preferred strategy, businesses must provide a service, product, or good that meets a need of society in some way. As future business leaders, our graduates will demonstrate: knowledge and application of best practices in core business concepts, the ability to analyze and interpret information to reach conclusions and make effective business recommendations, principle based ethics to make socially responsible business decisions.
Courses
A comprehensive analysis of the practice of financial accounting and reporting by public corporations to investors, creditors and other users. Includes analysis of standard setting, accounting theory and generally accepted accounting principles. Emphasis is on the purpose of financial statements with a focus on income determination and asset valuation. Includes the use of spreadsheets.
Cost analysis for purposes of control and decision making. Analysis of cost behavior, role of accounting in planning and control, and managerial uses of cost Accounting data. Includes use of spreadsheets. Topics of current interest will be discussed, including activity-based costing.
Analysis of basic concepts of federal income taxes such as income, exclusions, deductions, and property transactions. Concepts will be applied to actual situations by the use of tax return assignments. Focus is on individual considerations and planning.
A study of generally accepted auditing standards. Specific focus is placed on concepts of the auditing function for financial audits, professional standards that guide audit performance, and processes and formal procedures used to plan, perform, and complete an audit.