Nov 21, 2024  
2021-2022 William R. Kellett School of Undergraduate and Graduate Studies Academic Catalog 
    
2021-2022 William R. Kellett School of Undergraduate and Graduate Studies Academic Catalog [ARCHIVED CATALOG]

Accounting, B.A.


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Students who have successfully completed a B.A. in Accounting from Lakeland University should be able to:

  • Explain the major concepts in the functional areas of economics, marketing, finance, management, and management information systems.
  • Construct and present effective oral and written forms of professional communication.
  • Identify the key legal and ethical issues related to contemporary accounting scenarios.
  • Demonstrate responsible and effective workplace behavior skills and traits in a professional business environment.
  • Explain the major concepts in the functional areas of financial accounting, cost accounting, taxation, and auditing.

Notes: Accounting candidates who wish to sit for the Uniform Certified Public Accountant (CPA) exam must complete a minimum of 120 semester hours of college credit prior to sitting for the exam, but must earn a minimum of 150 semester hours of college credit to apply for the CPA credential. The Wisconsin Institute of Certified Public Accountants recommends that “accounting students include courses in critical thinking, communications, psychology, business management, computer skills and ethics as part of their 150 hours.” (See www.nasba.org).

The Certified Management Accountant (CMA) exam may be taken by students with Senior standing (Please see www.imanet.org).

Optional Emphases to Supplement this Major:


Notes:


  • Generally, Lakeland will accept accounting credits earned for coursework taken at accredited two-year, post-secondary institutions to meet requirements for the accounting major. However, ACC 355 - Federal Taxation of Entities , ACC 396 - Intermediate Accounting II , ACC 472 - Auditing Theory and Practice , ACC 473 - Advanced Financial Reporting , and ACC 492 - Integrative Accounting Capstone  must be taken and passed at Lakeland to meet requirements of the accounting major. Taking these courses at Lakeland will not cause the loss of credits for courses of the same or similar titles transferred from two-year institutions; nor will taking any two of the following courses jeopardize the transfer of credits for courses of the same or similar title taken at a two-year institution: ACC 395 - Intermediate Accounting I , ACC 420 - Cost Accounting , ACC 350 - Federal Taxation of Individuals , or ACC 465 - Accounting Information Systems . 
  • A student completing a major in Accounting may earn a major in Business Administration or Organizational Management by completing two emphases of study.
  • A student who has previously earned their bachelor’s degree from Lakeland or other post-secondary institutions in Business Administration or Organizational Management major is eligible to pursue earning a major in Accounting, provided a student meets Lakeland residency requirements of degree/major.
  • A student completing a major in Accounting is not eligible to earn a minor in Business Administration or Cooperative Education.*
    • A student is not eligible to complete Cooperative Education emphasis requirements of other majors.
  • ^Degree restrictions apply.

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