Accounting B.A.
Accounting Major
The Accounting B.A. major requires a minimum of 120 total hours to graduate. This total includes UNIFI/General Education requirements and the following specified major requirements, plus electives to complete the minimum of 120 hours.
| Business Core | ||
| Business Administration, Interdepartmental: | ||
| BUSINESS 1000 | Introductory Seminar for Business Professionals | 0 |
| BUSINESS 2000 | Business Professionals in Training | 0 |
| Accounting: | ||
| ACCT 2120 | Principles of Financial Accounting | 3 |
| ACCT 2130 | Principles of Managerial Accounting | 3 |
| Marketing: | ||
| MKTG 2110 | Principles of Marketing | 3 |
| Management: | ||
| MGMT 2080 | Introduction to Information Systems | 3 |
| MGMT 3100 | Legal and Social Environment of Business | 3 |
| or ACCT 3075 | Legal and Ethical Concepts for Accountants | |
| MGMT 3154 | Operations Management | 3 |
| MGMT 3965/5965 | Organizational Behavior | 3 |
| MGMT 4175 | Strategic Management | 3 |
| Finance: | ||
| FIN 3130 | Corporate Finance | 3 |
| Economics: | ||
| ECON 1011 | Statistics for Business Analytics | 3 |
| ECON 2090 | Decision Analytics | 3 |
| ECON 1041 | Principles of Macroeconomics | 3 |
| ECON 1051 | Principles of Microeconomics | 3 |
| Mathematics: | ||
| STAT 1772 | Introduction to Statistical Methods | 3 |
| Required | ||
| Accounting: | ||
| ACCT 3120 | Intermediate Accounting I | 3 |
| ACCT 3122 | Intermediate Accounting II | 3 |
| ACCT 3130 | Cost Accounting and Analysis | 3 |
| ACCT 3140 | Accounting Information Systems and Analytics | 3 |
| ACCT 4150 | Income Tax | 3 |
| ACCT 4160 | Auditing | 3 |
| Total Hours | 60 | |
While Accounting majors are not required to take accounting electives, the following electives are offered:
| ACCT 4025/5025 | Advanced Accounting | 3 |
| ACCT 4052 | Advanced Income Tax | 3 |
| ACCT 4065/5065 | Fraud Analytics | 3 |
| ACCT 4070/5070 | Government and Not-for-Profit Accounting | 3 |
| ACCT 4162/5162 | Advanced Auditing | 3 |
Four-Year Plan
Accounting (CPA Track), B.A.
This is a sample plan of study with a suggested sequencing of classes for the major. University electives may be applied to earn additional academic majors, minors, or certificates. Students should regularly meet with their academic advisor to plan their specific semester schedule to include UNIFI/General Education program and/or university elective hours required.
| Freshman | ||
|---|---|---|
| Fall | Hour | |
| BUSINESS 1000 | Introductory Seminar for Business Professionals | 0 |
| ECON 1041 | Principles of Macroeconomics | 3 |
| STAT 1772 | Introduction to Statistical Methods (also satisfies LAC 1C) | 3 |
| UNIFI/General Education or University Electives | 9 | |
| Hours | 15 | |
| Spring | ||
| ECON 1051 | Principles of Microeconomics | 3 |
| ECON 1011 | Statistics for Business Analytics (or ECON 1021 Decision Analytics) | 3 |
| UNIFI/General Education or University Electives | 10 | |
| Hours | 16 | |
| Sophomore | ||
| Fall | ||
| BUSINESS 2000 | Business Professionals in Training | 0 |
| MGMT 2080 | Introduction to Information Systems | 3 |
| ACCT 2120 | Principles of Financial Accounting | 3 |
| UNIFI/General Education or University Electives | 9 | |
| Hours | 15 | |
| Spring | ||
| ACCT 2130 | Principles of Managerial Accounting | 3 |
| ECON 2090 | Decision Analytics(or ECON 1011 Statistics for Business Analytics) | 3 |
| MKTG 2110 | Principles of Marketing | 3 |
| UNIFI/General Education or University Electives | 6 | |
| Hours | 15 | |
| Junior | ||
| Fall | ||
| ACCT 3075 | Legal and Ethical Concepts for Accountants | 3 |
| ACCT 3120 | Intermediate Accounting I | 3 |
| ACCT 3130 | Cost Accounting and Analysis | 3 |
| MGMT 3965/5965 | Organizational Behavior | 3 |
| FIN 3130 | Corporate Finance | 3 |
| Hours | 15 | |
| Spring | ||
| ACCT 3122 | Intermediate Accounting II | 3 |
| ACCT 3140 | Accounting Information Systems and Analytics | 3 |
| ACCT 4150 | Income Tax | 3 |
| MGMT 3154 | Operations Management | 3 |
| BUSINESS 3000 | Intermediate Professional Skills: (topic) | 0 |
| UNIFI/General Education or University Electives (or ACCT 3055 VITA: Individual Income Tax Preparation) | 2 | |
| Hours | 14 | |
| Senior | ||
| Fall | ||
| MGMT 4175 | Strategic Management | 3 |
| ACCT 4070/5070 | Government and Not-for-Profit Accounting | 3 |
| ACCT 4160 | Auditing | 3 |
| ACCT 4025/5025 | Advanced Accounting | 3 |
| UNIFI/General Education or University Electives | 3 | |
| Hours | 15 | |
| Spring | ||
| ACCT 4052 | Advanced Income Tax | 3 |
| CPA Review Courses | 9 | |
| UNIFI/General Education or University Electives | 3 | |
| Hours | 15 | |
| Total Hours | 120 | |
Accounting (Non-CPA Track), B.A.
This is a sample plan of study with a suggested sequencing of classes for the major. University electives may be applied to earn additional academic majors, minors, or certificates. Students should regularly meet with their academic advisor to plan their specific semester schedule to include UNIFI/General Education program and/or university elective hours required.
| Freshman | ||
|---|---|---|
| Fall | Hour | |
| ENGLISH 1005 | College Writing and Research | 3 |
| ECON 1041 | Principles of Macroeconomics | 3 |
| BUSINESS 1000 | Introductory Seminar for Business Professionals | 0 |
| STAT 1772 | Introduction to Statistical Methods (also satisfies LAC 1C) | 3 |
| UNIFI/General Education or University Electives | 6 | |
| Hours | 15 | |
| Spring | ||
| ECON 1051 | Principles of Microeconomics | 3 |
| ECON 1011 | Statistics for Business Analytics (or ECON 1021 Decision Analytics) | 3 |
| UNIFI/General Education or University Electives | 9 | |
| Hours | 15 | |
| Sophomore | ||
| Fall | ||
| ACCT 2120 | Principles of Financial Accounting | 3 |
| MGMT 2080 | Introduction to Information Systems | 3 |
| UNIFI/General Education or University Electives | 9 | |
| Hours | 15 | |
| Spring | ||
| BUSINESS 2000 | Business Professionals in Training | 0 |
| ACCT 2130 | Principles of Managerial Accounting | 3 |
| ECON 2090 | Decision Analytics (or ECON 1011 Statistics for Business Analytics) | 3 |
| UNIFI/General Education or University Electives | 9 | |
| Hours | 15 | |
| Junior | ||
| Fall | ||
| ACCT 3120 | Intermediate Accounting I | 3 |
| ACCT 3130 | Cost Accounting and Analysis | 3 |
| CBA core requirements | 6 | |
| Non-Business elective | 3 | |
| Hours | 15 | |
| Spring | ||
| ACCT 3122 | Intermediate Accounting II | 3 |
| ACCT 3140 | Accounting Information Systems and Analytics | 3 |
| CBA core requirements | 6 | |
| UNIFI/General Education or University Electives | 3 | |
| Hours | 15 | |
| Senior | ||
| Fall | ||
| ACCT 4150 | Income Tax | 3 |
| ACCT 4160 | Auditing | 3 |
| CBA Core requirement | 3 | |
| UNIFI/General Education or University Electives | 6 | |
| Hours | 15 | |
| Spring | ||
| MGMT 4175 | Strategic Management | 3 |
| UNIFI/General Education or University Electives | 12 | |
| Hours | 15 | |
| Total Hours | 120 | |
Learning Outcomes
Accounting (Non-CPA Track), B.A.
Objective 1: Students will demonstrate disciplinary content knowledge
1.1 Learners will demonstrate broad knowledge of the business disciplines
1.2 Learners will demonstrate knowledge of financial accounting, managerial/cost accounting, auditing, tax, and accounting information systems
1.3 Learners will demonstrate an understanding of recording, processing, summarizing, and reporting information relevant to the users of accounting information
Objective 2: Students will use quantitative skills to aid business decision making
2.1 Learners will display a broad set of quantitative skills as applied to business decision making across a wide range of business disciplines
2.2 Learners can compute and explain basic descriptive statistics
2.3 Learners will demonstrate an ability to analyze and interpret data and communicate the results
2.4 Learners can use algebra to solve problems
Objective 3: Students will display communication skills
3.1 Learners will demonstrate strong written communication skills as required for a business major
3.2 Learners will demonstrate professional writing in a clear and concise manner
3.3 Learners will demonstrate effective oral communication skills
Objective 4: Students will be able to apply critical thinking skills
4.1 Learners will apply basic critical thinking skills as expected for all business majors
4.2 Learners will be able to construct a conclusion, or solution, following from appropriate reasoning and evaluation of evidence
Objective 5: Students will understand the work value expectations of contemporary organizations
5.1 Learners will identify ethical components in business situations
5.2 Learners will demonstrate an understanding of ethical business practices and recognize the potential consequences of unethical business practices
Objective 6: Graduates should competently use current technology
6.1 Learners will demonstrate competent usage of current technology
Accounting (CPA Track), B.A.
BA in Business Common Core
Objective 1: Students will demonstrate disciplinary content knowledge
1.1 Learners will demonstrate broad knowledge of the business disciplines
1.2 Learners will demonstrate knowledge of financial accounting, managerial/cost accounting, auditing, tax, and accounting information systems
1.3 Learners will demonstrate an understanding of recording, processing, summarizing, and reporting information relevant to the users of accounting information
Objective 2: Students will use quantitative skills to aid business decision making
2.1 Learners will display a broad set of quantitative skills as applied to business decision making across a wide range of business disciplines
2.2 Learners can compute and explain basic descriptive statistics
2.3 Learners will demonstrate an ability to analyze and interpret data and communicate the results
2.4 Learners can use algebra to solve problems
Objective 3: Students will display communication skills
3.1 Learners will demonstrate strong written communication skills as required for a business major
3.2 Learners will demonstrate professional writing in a clear and concise manner
3.3 Learners will demonstrate effective oral communication skills
Objective 4: Students will be able to apply critical thinking skills
4.1 Learners will apply basic critical thinking skills as expected for all business majors
4.2 Learners will be able to construct a conclusion, or solution, following from appropriate reasoning and evaluation of evidence
Objective 5: Students will understand the work value expectations of contemporary organizations
5.1 Learners will identify ethical components in business situations
5.2 Learners will demonstrate an understanding of ethical business practices and recognize the potential consequences of unethical business practices
Objective 6: Graduates should competently use current technology
6.1 Learners will demonstrate competent usage of current technology
Policies
Undergraduate note: A copy of the Wilson College policies may be obtained at https://business.uni.edu/students/advising/uni-college-business-policies. Enrollment in upper division (3000/4000-level) business courses requires satisfactory completion of the Wilson College of Business admission requirements and any course prerequisites.
Accounting majors may declare a double major, and/or major and minor within the Wilson College of Business subject to regulations imposed by those Wilson College of Business departments affected. Accounting majors minoring within the Wilson College of Business must select minors designated for business majors.
All students majoring in business must complete 50% of their major coursework in the Wilson College of Business at UNI. Major coursework would include any undergraduate, credit-bearing, graded course taught in the Wilson College of Business at UNI. Business courses taken at UNI as credit/no credit do not qualify. A minimum of 10 credits of the major coursework must be upper division (3000-4000 level courses). All upper-level (3000-4000) Accounting major-specific courses must be taken at UNI unless approved by the Accounting Department. A student must earn a 2.20 cumulative grade point average at UNI and earn an overall 2.20 grade point average in business designated courses taken at UNI, and earn a grade of C- or better in the following courses:
| ACCT 3120 | Intermediate Accounting I | 3 |
| ACCT 3122 | Intermediate Accounting II | 3 |
| ACCT 3130 | Cost Accounting and Analysis | 3 |
| ACCT 3140 | Accounting Information Systems and Analytics | 3 |
| ACCT 4150 | Income Tax | 3 |
| ACCT 4160 | Auditing | 3 |
Students who want to write the Uniform CPA Examination in Iowa should secure current requirements from the Iowa Accountancy Examining Board in order to plan their program of study so that all requirements are met. Students who want to write the Uniform CPA Examination in other states should secure the same information from the applicable state board of accountancy.
Students may repeat Accounting courses with the exception that subsequent to successfully completing a 3000/4000-level Accounting course, they may not repeat Principles of Financial Accounting (ACCT 2120) or Principles of Managerial Accounting (ACCT 2130).
The Wilson College of Business limits the number of courses that can be counted towards major specific requirements across the College. The College will allow students to double count one major specific course between majors, with the following exceptions. These exceptions include major combinations which allow two double-counted courses:
- MIS/Business Analytics
- Real Estate/Finance: Financial Management or Investments
- Business Analytics/Economics: Business Economics
This guideline is not applicable to the business core. There are no limitations to the number of courses that can be double-counted towards minors and/or certificates within the College.
The Accounting Department may impose additional admission requirements for students wishing to declare a minor or a second Wilson College of Business major. Eligibility to declare a minor or a second Wilson College of Business major is based on competitive GPA and space availability.