Houghton’s accounting major provides a broad exposure to management concepts, in addition to the core accounting courses. An understanding of management concepts, the development of leadership skills, and a firm grasp of accounting principles are all essential for the accounting professional.
The accounting major is designed to prepare students for accounting careers in public accounting, business, government and nonprofit organizations. The program includes Federal taxation, auditing, accounting theory and practice, current developments as the U.S. moves towards International accounting standards, and ethical considerations discussed in a Christian context.
Interested in becoming a CPA?
Students interested in becoming a CPA (Certified Public Accountant) qualify to sit for the CPA exam in New York after completing the accounting major. If you are from a state other than New York, you should check with your advisor or your home state’s Board of Accountancy about its requirements for sitting for the exam. All states require passing the CPA exam, 150 hours, and one or two years of experience before granting licensure as a CPA.
CMA (Certified Management Accountant)
Students interested in focusing on the accounting and financial management skills that drive business performance might prefer the Certified Management Accountant (CMA) designation. The CMA exam is designed specifically to validate mastery of the advanced skills required to manage finance functions within an organization, enabling you to deliver value in today’s complex business environment. Further information on this certification is available at http://imanet.org/.
Part of the accounting curriculum requirement is a two hour internship. Students can do an internship off-campus over the summer months or they can fulfill this requirement right on campus through participating in the Volunteer Income Tax Assistant (VITA) program, which is sponsored by the Internal Revenue Service. Students prepare tax returns free of charge for low income, elderly, and disadvantaged individuals using professional tax software. (A student receives 1 credit for each year he/she participates in VITA.)
Students who wish to have a double major in Accounting and Business may accomplish this by taking Business Law I or II (whichever was not already taken as part of the Accounting Major), plus an additional 2 hours of Economics and another 2 hours of either Economics or Business.
Note that the student pursuing an Accounting Major automatically receives a minor in Business.
|Required courses for the major but without major credit||12|
|BADM 45||Spreadsheet Competency||0|
|ECON 201||Intro To Economics||2|
|ACCT 212||Managerial Accounting||3|
|Major Required Courses||52|
|ACCT 311||Intermediate Accounting I||3|
|ACCT 312||Intermediate Accounting II||3|
|ACCT 314||Cost Accounting||3|
|ACCT 316||Federal Income Tax||4|
|ACCT 418||Advanced Accounting||3|
|BADM 212||Principles of Management||4|
|BADM 213 or BADM 214||Business Law I or Business Law II||4|
|BADM 218||Marketing Principles||4|
|BADM 301||Business Communication||2|
|BADM 302||Investment Management||4|
|BADM 406||Financial Management||4|
|BADM 481||Business Strategy and Policy (Senior Capstone)||4|
Accounting Major BS, 52 hours (not including courses without major credit)
* Note that 62 of the 124 undergraduate college credits must be in liberal arts. Sixteen credits in the major (the economic courses, Business Law, Statistics, and Business Communication) count as liberal arts.