Undergraduate College Catalog

Accounting Major

Overview

Mission Statement

 The Department of Business, Accounting, and Economics fosters a comprehensive world-view in each of our students through an interdisciplinary integration of the liberal arts and business studies. Based on this foundation, it is our mission to pursue excellence in business education and to prepare students for successful professional careers, graduate studies, and a lifetime of learning, service, and personal growth.

Broad-based Goals

In order to accomplish its mission, the Department of Business, Accounting, and Economics pursues a set of broad-based goals. They are as follows:

  • to promote a dynamic environment of academic excellence that emphasizes student learning in all programs of study
  • to enhance operational effectiveness and measure excellence in business education through comprehensive programs of outcomes assessment and continuous improvement that are fully integrated with strategic planning
  • to engage in continuing curricular review and development
  • to develop ethical leaders who excel in a variety of organizational environments through contributions to the personal and professional development of students
  • to promote and engage in a variety of faculty development activities
  • to provide significant opportunities for international study, experiential education, and co- curricular activities
  • to foster a stimulating and effective learning and teaching environment for all students and faculty
  • to establish and sustain internal and external collaborative educational relationships and partnerships
  • to enhance visibility, reputation, and service presence by developing and sustaining community, regional, state, national, and international outreach initiatives

Assessment

The Department of Business, Accounting, and Economics affirms the importance of continual and comprehensive assessment of student learning outcomes in all of its programs as a method of measuring excellence in business education. Consequently, the department is committed to the use of outcomes assessment results as a means to achieve its stated purposes and educational goals and to improve student academic and personal achievement. Therefore, all students who pursue majors offered by the department will be required to participate in its ongoing outcomes assessment program, which includes a national standardized test in business. 

Study Abroad Opportunities

The Department of Business, Accounting, and Economics currently offers students the following opportunities for international study:

  1. In cooperation with the Presbyterian Church (USA), the British Council, and the Department for Employment and Learning in Northern Ireland, the department participates in the Irish/American Scholars Program. This program provides students with the opportunity to apply to study for either one semester or a full academic year at one of our partner institutions in Northern Ireland: Queen’s University-Belfast, University of Ulster-Coleraine, University of Ulster, Magee College-Derry, University of Ulster-Jordanstown, University of Ulster-Belfast, or the Belfast Metropolitan College.
  2. University of Jamestown is a member of the International Student Exchange Program (ISEP), which is the world’s largest network of colleges and universities cooperating to provide international educational experiences for their students. Through the ISEP network, students have access to affordable, high-quality study abroad programs in any discipline, including business, economics, and accounting. The reciprocal exchange program is designed so that students pay all of their normal fees, including tuition and room and board, to University of Jamestown and then study abroad for a semester, a full academic year, or a summer. Programs in business, economics, and accounting are available in universities throughout Europe, Asia, Australia, Africa, South America, Central America, and North America.

Requirements

Core Courses

ACCT 201Principles of Accounting I

3

ACCT 202Principles of Accounting II

3

ACCT 301Intermediate Accounting I

3

ACCT 302Intermediate Accounting II

3

ACCT 311Cost/Managerial Accounting

4

ACCT 325Governmental & Not-for-Profit Accounting

3

ACCT 355Income Tax Accounting I

3

ACCT 356Income Tax Accounting II

3

ACCT 451Auditing I

3

ACCT 452Auditing II/SeniorSeminar

3

ACCT 457Advanced Accounting

3

Total Credit Hours:34

Correlative Courses

 

BUSN 221Business Management

3

BUSN 315Business Law I

3

BUSN 316Business Law II

3

BUSN 320Marketing

3

BUSN 351Financial Management

3

ECON 201Principles of Microeconomics

3

ECON 202Principles of Macroeconomics

3

CS 240Introduction to Business Intelligence

3

CS 440Management of Information Systems

3

 

MATH 105Applied Business Statistics

3

or

MATH 205Statistics

3

Total Credit Hours:30
Students planning to sit for the CPA exam should choose additional courses in consultation with their advisor.

Total Credit Hours: 64

 

Plan of Study

Freshman

Fall

ACCT 201Principles of Accounting I

3

BUSN 221Business Management

3

CS 240Introduction to Business Intelligence

3

Spring

ACCT 202Principles of Accounting II

3

Sophomore

Fall

ACCT 301Intermediate Accounting I

3

BUSN 320Marketing

3

ECON 201Principles of Microeconomics

3

MATH 105Applied Business Statistics

3

Spring

ACCT 302Intermediate Accounting II

3

ACCT 311Cost/Managerial Accounting

4

ECON 202Principles of Macroeconomics

3

Junior

Fall

ACCT 355Income Tax Accounting I

3

BUSN 315Business Law I

3

Spring

ACCT 356Income Tax Accounting II

3

BUSN 316Business Law II

3

Senior


Fall

ACCT 451Auditing I

3

ACCT 457Advanced Accounting

3

Spring

ACCT 325Governmental & Not-for-Profit Accounting

3

ACCT 452Auditing II/SeniorSeminar

3

CS 440Management of Information Systems

3

Students who plan to sit for the CPA exam: 150 semester credits are required.

Additional Courses for CPA Candidates credits should be chosen in consultation with advisor. CPA Exam candidates must have 150 overall semester hours of education in order to sit for the exam.

In order to complete 150 hours in a normal four-year undergraduate program, students would need to take an average of approximately nineteen credits per semester.

Students might consider summer school classes, an additional semester or year, or graduate school to fulfill the 150-hour requirement.

Outcomes

As outcomes of learning in the accounting major, students will be able to demonstrate the following:

  1. Knowledge of the core areas of accounting
  2. The ability to work within a team setting
  3. Effective communication skills
  4. The ability to analyze data
  5. The ability to use decision-support tools
  6. The ability to think critically to solve problems and make business and accounting decisions