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.
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 Auditing
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 and ACCT 453. Finally, accounting majors must earn a “C” or better in ACCT 312.
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.