Dec 04, 2024  
2011-2012 Undergraduate Catalog 
    
2011-2012 Undergraduate Catalog Archived Catalog

Accounting, B.S.


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Accounting


The more complex the business world becomes, the more demand there is for accounting professionals. Since accounting is the language of business, the Accounting major introduces the student to the complexities of business both at the national and international level. At the same time, the Accounting major at Neumann University recognizes that a successful businessperson must be well-rounded and possess the ability to communicate proficiently in both an oral and written context. Hence, as Accounting majors prepare to pursue their chosen careers, they are introduced to a liberal arts curriculum which enables them to compete more effectively in a constantly changing business environment. To assist in this preparation, students supplement their classroom instruction with practical work experience in a variety of settings through the completion of a Cooperative Education placement in Accounting.

Accounting majors have many career paths available to them. After graduation, many Accounting majors pursue a professional designation, such as Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Certified Internal Auditor (CIA).

Accreditation

Neumann University’s Accounting Program is accredited by the Accreditation Council for Business Schools and Programs, 11520 West 119th Street, Overland Park, KS 66213; Telephone: 913-339-9356, Fax: 913-339-6226; or www.acbsp.org.

Program Outcomes

Upon completion of this program, the graduate will earn a Bachelor of Science degree with a major in Accounting and will be able to:

  • Meet the educational requirements to sit for the Certified Management Accountant (CMA) Examination, and the Certified Internal Auditor (CIA) Examination.
  • Apply all areas of generally accepted accounting principles (GAAP) that impact financial statements.
  • Embark on an accounting career in private industry, public accounting, governmental agencies, or in a nonprofit environment.
  • Communicate proficiently using the language of business.
  • Cite work experience on a résumé, gained through participation in the Cooperative Education Program.

Admission Criteria

Candidates for admission to the Accounting major are required to:

  • Have a minimum 2.25 cumulative GPA.
  • Complete at least 30 credits, including the business, major, and allied requirements that are listed in the first year of the suggested Four-Year Curriculum Plan for the Accounting major, but no more than 75 credits total. Transfer students from another regionally accredited college or university, or from another Division from within Neumann University, must have their application to the major reviewed by the Dean of Business and Information Management after their first semester of taking Business courses at Neumann.
  • Achieve a grade of “C” or higher for all general business, major, and allied requirements taken prior to admission to the major.
  • Participate in the Division’s New Major Orientation Program.

Progression Criteria/Degree Requirements

Progression in the Accounting major leading to a Bachelor of Science degree requires students to:

  • Maintain a minimum 2.00 cumulative GPA.
  • Achieve a grade of “C” or higher for all general business, major, and allied requirements.
  • Complete a minimum of 125 credits.

Division Repeat Policy

  • Major, business, and allied requirements can only be repeated once. Students must have written permission from the Dean to take a major, business, or allied requirement for the third time.
  • At most, only three (3) different major, business, or allied requirements may be repeated.
  • Failure to earn a grade of “C” or better for repeated major, business, or allied requirements may result in dismissal from the Division.

Cooperative Education Requirement

Students are required to complete a minimum of three (3) credits in Cooperative Education in those areas which are related to Accounting. Students must be of junior or senior status to enroll in Cooperative Education, and have been previously admitted to the major. Students with practical experience in Accounting may apply to the Dean of the Division of Business and Information Management for a waiver of this requirement. If waived, these credits must be taken as General Electives.

Suggested Four-Year Curriculum: 125 Credits


Freshman Year: Fall Semester (16 Credits)


Freshman Year: Spring Semester (16 Credits)


Sophomore Year: Fall Semester (15 Credits)


Sophomore Year: Spring Semester (18 Credits)


Senior Year: Spring Semester (15 Credits)


Note:


* Either course satisfies the MATH CORE requirement

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