ACCOUNTING School of Business Central Connecticut State University



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ACCOUNTING School of Business Central Connecticut State University English Literature History *ECON 200 *ECON 201 *ENG 110 Macroeconomics Microeconomics Freshman Composition *MATH 125 Applied Calculus I -or- *MATH 123 Applied Business Math Student Name: ID #: Academic Advisor: Faculty Advisor: The courses indicated by the shading and the asterisk ( * ) are Pre-Major Requirements for all business students and must be completed with C- or better grades and a 2.50 GPA to be admitted to Business Major Status. GENERAL EDUCATION LOWER DIVISION BUSINESS CORE prereq. in parentheses (24 credits) Study Area I - Arts & Humanities (9 credits) *AC 211 Intro to Financial Acct (MATH 101) Study Area II - Social Sciences (9 credits) *STAT 200 Business Statistics I AC 410 Fraud Examination (AC 211) *STAT 201 Business Statistics II AC 421 Accounting for Lean Enterprises (AC 301) International Requirement International Requirement AND Foreign Language Proficiency: AC 498 Internship in Accounting (AC 312) 3 Sequential Yrs of One Foreign Language FIN 301 Intermediate Managerial Finance (FIN 295) at the High School Level Completed 112 or 114 foreign language course Passed Foreign Language Exam Skill Area IV - University Requirement (2-3 credits) *AC 212 Intro to Managerial Acct (AC 211) MC 207 Managerial Communications MIS 201 Intro to MIS FIN 295 Managerial Finance (STAT 200, AC 211) MGT 295 Fundamentals of Mgt MKT 295 Fundamentals of Mkt LAW 250 Principles of Law REQUIRED COURSES IN MAJOR - see your Faculty Advisor (21 credits) Study Area III - Behavioral Sciences (6 credits) ~ AC 300 Acct Conc. & Proc. (AC 212, FIN 295^) ~ AC 301 Cost Accounting I (STAT 200, AC 300) ~ Should be taken CONCURRENTLY ^ FIN 295 can be taken CONCURRENTLY with AC 300 Study Area IV - Natural Sciences (6-7 credits) AC 312 Financial Reporting I (AC 300) AC 313 Financial Reporting II (AC 312) AC 340 (440) Acct. Info Systems (AC 300) (One lab must be included) AC 401 Intro to Income Tax (AC 212, LAW 250) AC 445 Auditing (AC 313, 340, STAT 201) Skill Area I - Communication Skills (6 credits) ELECTIVE COURSES - You should consult your faculty advisor for advice to select the courses best fitting your interests and career aspirations. Any 3 electives below (9 credits) AC 311** Accounting Applications (AC 212) Skill Area II - Mathematics (9 credits) AC 402 Fundamentals of Corp Tax (AC 401) AC 404 Taxation of Bus. Pass-Thru Entities (AC 401) AC 407 Advanced Accounting (AC 313) Required Business Elective: AC 420 Managerial Analysis & Cost Control (AC 301) AC 430 Acct for Non-Profit Institutions (AC 313) Skill Area III - Foreign Language/Int'l Checklist AC 455 Internal Auditing (AC 313, 340, STAT 201) AC 490 Current Topics in Accounting AC 497 Independent Study in Accounting LAW 400 Adv. Business Law (LAW 250) **This is the only upper division accounting course that can be transferred from a Community College for the Accounting Major UPPER DIVISION CAPSTONE (3 credits) MGT 480 Strategic Management First Year Experience Requirement GENERAL ELECTIVES (18 credits) Total Credits Required for Graduation: 122 revised 3/17/10

The Accounting Department curriculum is based on fulfilling the requirements for the University, The School of Business, and the Accounting Department. School of Business Curriculum All School of Business majors must complete the following: the general education requirements, comprised of study and skill areas; the pre- major requirements the common business core requirements; the chosen major requirements; and the total credit hour requirement. The courses satisfying these requirements must be taken at CCSU or transferred according to the regulations for transfer students. Students must receive a grade of C- or better in each common business core course and each chosen business major course. Pre- major Credits Total Credits General education 18 47-49 Common business core 6 27 Major course requirements 30 Free electives 18-16 Total degree requirements 122 General Education Requirements (47-49 credits) General education requirements are designed to ensure CCSU graduates have a foundation in the liberal arts and sciences and have developed the skills to be a productive and successful citizen and engage in life long learning. The four study areas and four skill areas are described in under general education in the Undergraduate Catalog. Six pre- major courses (totaling 18 credit hours) required specifically for business majors as part of the pre- major requirements are the following (all must be passed with a grade of C- or better): Pre- major general education courses Study Area II: ECON 200, 201 6 Skill Area I: ENG 110 3 Skill Area II: MATH 123 or 125, 3 STAT 200, 201 6 Pre- major Requirements The pre- major requirements are designed to ensure that students have the backgrounds and analytical capabilities to be successful before they are admitted to the School of Business as a major and are allowed to take upper division business courses. All eight pre- major courses (six general education courses listed above plus the two accounting business core courses) must all be passed with a grade of C- or better in each course. In addition, a student s grade point average for the eight pre- major courses must be 2.50 or better before a student will be admitted as a business major. The pre- major GPA is calculated for all eight courses regardless of whether they were taken at CCSU or another school. Common Business Core (27 credits) The common business core is designed to ensure that School of Business graduates have a general knowledge of all business disciplines. Business disciplines are interdependent, so an understanding of all business disciplines is essential to the effective management of organizations. The core business

courses are listed in the table below. MGT 480 is a capstone course taken at the end of the program designed to demonstrate students ability to work in teams and integrate knowledge from all business disciplines. The two accounting courses in the common business core (AC 211 and AC 212) are also pre- major courses. As noted above, all pre- major courses must be passed with a grade of C- or better before a student will be admitted as a business major and allowed to take upper division business courses. AC 211 Introduction to Financial Accounting 3 AC 212 Introduction to Managerial Accounting 3 FIN 295 Managerial Finance 3 LAW 250 Legal Environment of Business 3 MC 207 Managerial Communications 3 MGT 295 Fundamentals of Management and Organizational Behavior 3 MIS 201 Introduction to Management Information Systems 3 MKT 295 Fundamentals of Marketing 3 MGT 480 Strategic Management 3 Accounting Major Requirements (Major in Accounting, BS) The accounting major has seven required upper division accounting courses designed to provide students with a foundation knowledge and skill in all areas of accounting practice: financial reporting; cost management, planning, control & decision- making; accounting information systems; taxation; and attestation (auditing). The required courses are listed in the table below. All accounting foundation courses must be taken at CCSU or transferred in from an approved bachelors degree program. Transfer credit for accounting foundation courses cannot be obtained for courses taken at a community college or other two- year program. Generally no more than two accounting major courses will be accepted Accounting Foundation (21 credits) AC 300 Foundations of Accounting: The Profession, Processes, and Analysis 3 AC 301 Cost Management Systems 3 AC 312 Financial Reporting I 3 AC 313 Financial Reporting II 3 AC 340 Accounting Information Systems 3 AC 401 Introduction to Income Taxation 3 AC 445 Auditing 3 In addition to completing the required foundation courses, students are required to select (with guidance from a faculty advisor, three accounting electives to deepen their knowledge and skills in a particular area of interest or to better prepare for a specific career path in the accounting profession. The available elective courses are listed in the table below. Accounting applications (AC 311) is the only course for which transfer credit is available from a community college or other two- year program. All other accounting foundation courses must be taken at CCSU or transferred in from an approved bachelors degree program. Directed Accounting Electives (9 credits) Select three courses from the following:

AC 311 Accounting Applications 3 AC 402 Fundamentals of Corporate Taxation 3 AC 404 Taxation of Business Pass- Through Entities 3 AC 407 Advanced Accounting 3 AC 410 Fraud Examination 3 AC 420 Managerial Analysis & Cost Control 3 AC 421 Accounting for Lean Enterprises 3 AC 430 Accounting for Non- Profit Organizations 3 AC 455 Internal Auditing 3 AC 490 Current Accounting Topics 3 AC 497 Independent Study 3 AC 498 Internship in Accounting 3 LAW 400 Advanced Business Law 3 FIN 301 Intermediate Managerial Finance 3 We accept LAW 400 and FIN 301, as accounting electives for the accounting major. The Connecticut State Board of Accountancy requires 36 hours of accounting ( AC designated ) undergraduate or graduate courses in order to take the CPA exam. Consequently, students interested in taking the CPA exam in Connecticut immediately following their graduation from CCSU (without taking any additional college courses) should not take LAW 400 or FIN 301 as accounting electives unless they have an equivalent number of credit hours of AC designated courses from a community college that transferred to CCSU as general electives. Students that want to take the CPA exam immediately upon graduation and that also want to take LAW 400 and/or FIN 301 can take those courses as free electives. Free electives Once the general education, pre- major, core business, and major course requirements are satisfied, students may select any courses they wish to earn the remaining credit hours they need to have the 122 credit hours required for graduation. The selections can be additional business or accounting courses or they can be non- business courses. The choice is entirely up to the student. Business Degree Grade Point Average Requirements As mentioned earlier, students must have a GPA of 2.50 or better for pre- major courses regardless of where the courses were taken. In addition, to receive a BSBA degree with a major in accounting from CCSU students must have: A GPA of 2.50 or better on the common business core courses taken at CCSU with no grade lower than C-. A GPA of 2.50 or better on the accounting major courses taken at CCSU with no course grade lower than a C-. An overall GPA of 2.50 or better for all coursework completed at CCSU. A curriculum sheet summarizing all the course requirements for the BSBA degree with a major in accounting appears on the following page.

ACCOUNTING CURRICULUM SHEET