The field of accounting is often divided into two parts: financial and managerial. Financial accounting is concerned with reporting the results of the operations and financial position of a business firm to those both inside and outside of the management of the firm, including stockholders. Managerial accounting deals with the techniques, controls, systems, and reports used internally by the managers of an organization.

The accounting curriculum at Jacksonville University is designed to provide a foundation for entry into either the financial or managerial areas of accounting. A license as a CPA for the financial accountant, a CMA for the managerial accountant, or a CIA for the internal auditor are the frequent goals of an accounting student.

In addition to these professional opportunities, accounting students become excellent candidates for management positions in such areas a banking, investment houses, and brokerage firms. Many of the major accounting firms are heavily involved in management consulting.

 


MAJOR REQUIREMENTS


Students majoring in accounting must take the Davis College of Business core courses in addition to the following courses: 
 

 Code Course Credit
 ACCT 311   Intermediate Accounting I  3
 ACCT 312   Intermediate Accounting II  3
 ACCT 314   Cost-Based Decision Making  3
 ACCT 341   Federal Taxation  3
 ACCT 370  Accounting Information Systems  3
 ACCT 450   Advanced Accounting I  3
 ACCT 453   Auditing  3
 

 Total:

 21


Additional Requirements - Additionally, students must take one (1) business elective course outside the Davis College of Business core and major requirements.

Students majoring in accounting must earn a “C” or better in ACCT 201 and ACCT 202 before taking all 300 level and above accounting courses, except ACCT 305. In addition, accounting majors must earn a “C” or better in ACCT 311 before taking ACCT 312, ACCT 450, and ACCT 453.

 


MINOR REQUIREMENTS


A minor in accounting consists of 12 credit hours of accounting courses numbered above ACCT 202 that must include ACCT 311 and ACCT 312. The remaining six (6) credit hours are chosen with the written approval of the accounting program coordinator.

Students minoring in accounting must earn a “C” or better in ACCT 201, ACCT 202, and ACCT 311. A course taken as part of a major cannot also be used to satisfy the requirements of a minor.​