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.
Students majoring in accounting must take the Davis College of Business core
courses in addition to the following courses:
| ACCT 311
|| Intermediate Accounting I
| ACCT 312
|| Intermediate Accounting II
| ACCT 314
|| Cost-Based Decision Making
| ACCT 341
|| Federal Taxation
| ACCT 370
|| Accounting Information Systems
| ACCT 450
|| Advanced Accounting I
| ACCT 453
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.
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
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.