College of Business Administration Website
School of Accounting Website

Why Study Accounting?
Accounting at CMU
Admission, Retention, and Termination Standards
Accounting Major 
Accounting Minor
Accounting Information Systems Major
The Faculty
ACC Course Descriptions

Why Study Accounting?
Accounting is the one degree that provides you with the education needed to succeed in every aspect of the business world. It is one of the courses to study at the university that enables a student to enter a profession upon graduation. It also prepares students to obtain their certification in public accounting (CPA), management accounting (CMA) and internal auditing (CIA) upon graduation.

Because accounting is the international language of business, it is a versatile degree that offers a wide range of career opportunities to graduates. Accountants have titles like "Chief Executive Officer," "Chief Financial Officer," "Managing Partner," and "Controller." They work for national and international business firms, government agencies, non-profit organizations and in their own companies. Many work in certified public accounting (CPA) firms providing management consulting services, auditing services, personal and financial planning and tax services. Others are hired as part of the management team to work in the finance and operations area of a company. Some are hired to manage the revenues of federal, state, and local governmental agencies and non-profit organizations.
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Accounting At CMU
The primary purpose of the School of Accounting is to prepare students for professional careers in public accounting, corporate accounting, nonprofit entities, and other organizations. The school’s mission is to honor this commitment by offering accounting programs of academic excellence, by providing a professional faculty, and by creating an environment which is, above all, learning centered and business connected. We are dedicated to delivering superior value to students: a small college focus on learning, coupled with a professional school experience, at a public university tuition.

The School of Accounting is one of only five programs in Michigan that have earned the prestigious accounting accreditation granted by the AACSB International.
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Admission, Retention, and Termination Standards
Pertinent information on accounting majors includes the following:

1. To graduate with a major in accounting, the student must complete a minimum of 126 hours. Ninety hours must be in non-accounting courses.
    
2. After acceptance into the College of Business Administration, any student majoring in Accounting is required to have a cumulative GPA of 2.60 to sign a major.
    
3. At least 18 hours of accounting coursework must be taken at CMU for a major in accounting.
    
4. Introductory courses in accounting transferred to CMU are accepted for not more than six semester hours of credit (equivalent to the hours of ACC 201 and ACC 202 at CMU).
    
5. No minor is required for accounting majors.
    
6. The only course available on a Credit/No Credit basis that can be counted toward the accounting major is ACC 489.
    
7. A maximum of three semester hours of credit in accounting courses numbered with the ending digits 80-99 can be counted toward the accounting major.
    
8. For additional information on CPA licensing, write: Michigan State Board of Accounting, Department of Consumer & Industry Services - Licensing Division, 2501 Woodlake Circle, Okemos, MI  48864; for the CMA certificate, write: Institute of Management Accounting, 10 Paragon Drive, Montvale, NJ 07645- 1760; and for the CIA certificate, write: The Institute of Internal Auditors, 249 Maitland Avenue, P.O. Box 1119, Altamonte Springs, FL 32715-1119.
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Accounting Major
B.S. in B.A. degree

A. Accounting Core (21 hours):
ACC 301 (3) Intermediate Accounting I
ACC 302 (3) Intermediate Accounting II
ACC 311 (3) Federal Income Taxation I
ACC 321 (3) Managerial Cost Accounting
ACC 370 (3) Accounting Systems and Controls
ACC 501 (3) Advanced Accounting
ACC 531 (3) Auditing and Assurance Services

B. Additional Common Body of Knowledge in Business Administration courses (9 hours):
BLR 202 (3) Legal Environment of Business
MGT 340 (3) Production/Operations Management
MGT 495 (3) Global Management Strategy

C. Accounting Business Electives (6-9 hours):
1. Select 2 or 3 courses from the following (6-9 hours):
ACC 511 (3) Federal Income Taxation II
ACC 512 (3) Tax Administration and Research
ACC 517 (3) Federal Estate and Gift Taxation
ACC 521 (3) Managerial Cost Control Analysis
ACC 524 (3) Budgeting: Planning and Control
ACC 533 (3) Auditing Procedures and Statistical Sampling
ACC 535 (3) EDP Auditing and Control
ACC 543 (3) Fund Accounting
ACC 550 (3) Internal Auditing
ACC 570 (3) Strategic Accounting System Development and Implementation

2. If only 2 courses are selected from C.1. above, select one course from the following list (0-3 hours):
ACC 489 (1-3) Accounting Internship/Co-Op
ACC 491 (1-3) Independent Studies
ACC 492 (3) Practicum in Small Business
ACC 597 (1-3) Special Topics in Accounting
BIS 420 (3) Systems Analysis and Design
BLR 302 (3) Law of Agreements
BLR 390 (3) Law of Enterprise Organization
FIN 442 (3) Intermediate Financial Management
MKT 350 (3) Marketing Analysis
MGT 335 (3) Introduction to Management Science

Accounting and business electives for C.2. above depend on the student’s career objectives and should be chosen in consultation with the student’s advisor.
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Accounting Minor
B.A., B.A.A., B.F.A, B.S., B.S. in B.A. degrees

Required Courses (18 hours):
ACC 201 (3) Concepts of Financial Accounting
ACC 202 (3) Concepts of Managerial Accounting
ACC 301 (3) Intermediate Accounting I
ACC 302 (3) Intermediate Accounting II
ACC 311 (3) Federal Income Taxation I
ACC 321 (3) Managerial Cost Accounting

Electives (2-3 hours): specified by a departmental advisor from 500-level accounting courses.

Other pertinent information on the accounting minor includes the following:

1. At least nine hours of accounting coursework must be taken at CMU for a minor in accounting.
    
2. Introductory courses in accounting transferred to CMU are accepted for not more than six semester hours of credit (equivalent to the hours of ACC 201 and ACC 202).
    
3. No more than a total of 27 hours may be taken in the College of Business Administration and counted toward graduation unless the student is majoring in the College of Business Administration.
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Accounting Information Systems Major
B.S. in B.A. degree

This is an interdepartmental major within the College of Business Administration.

The faculty: Terry L. Arndt, Robert G. Bromley, William R. Cron, James W. Damitio, Gary W. Hayes, Randall B. Hayes, William C. Hood, David J. Karmon, Philip L. Kintzele, Vernon E. Kwiatkowski, Debra A. McGilsky, James H. Neurath, Nancy E. Rusch, Thomas R. Weirich
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