Accounting

The Accounting major will prepare students for careers in public accounting, industry and government. Accounting professionals are individuals capable of doing more than maintaining sets of accounting records as they focus on analyzing and measuring business activity, processing that data into reports and communicating the information to decision makers. Accountants apply their skills in areas such as auditing, cost management, financial analysis, information systems, management, policy and taxation. Accounting is often the pathway to top management of a corporation.

Requirements for the Major in Business Administration, Accounting, B.S.

Students seeking the Bachelor of Science degree in Accounting must complete a minimum of 120 credits including the following requirements:

General Education Requirements

In order to graduate on-schedule without taking additional courses, it is highly recommended that students meet with an Undergraduate Academic Adviser concerning the selection of all of their general education courses.

Each candidate for an Oakland University baccalaureate will need to satisfactorily complete approved courses in each of the following areas: Foundation, Exploration, Integration, Writing, U.S. Diversity, and Capstone. For details, refer to the General Education Requirements section of the catalog.

Business Pre-Core Required Courses

• course Financial Accounting (4)

• course Managerial and Cost Accounting I (4)

• course Public Speaking (4)
  or course Group Dynamics and Communication (4)
  or course Communication in Organizations (4)
  or  course Communication in Leadership (4) 
  or course Interpersonal Conflict (4)

• course Principles of Global Macroeconomics (4)
  or course Principles of Macroeconomics (4)

• course Principles of Microeconomics (4)

• course Business Problem Solving with Information Technology (3)

• course Linear Programming Elementary Functions (4)
  or course Precalculus (4)
  or course College Algebra (4) 
  or course Calculus for the Social Sciences (4) 
  or course Calculus I (4) 

• course Statistical Methods for Business I (3)
  or course Introduction to Statistical Concepts and Reasoning (4)
  or course Applied Probability and Statistics (4)

• course Statistical Methods for Business II (3)

• course ACHIEVE I (0)

• course ACHIEVE II (0)

*If a student places into and completes course or course with the required minimum grade, course or course or course is not required.

Business Core Required Courses

• course Managerial Economics (3)

• course Managerial Finance I (3)

• course Legal Environment of Business (3)

• course Management Strategies and Policies (3)

• course Management Information Systems (3)

• course Marketing (3)

• course Introduction to Organizational Behavior (3)

• course Introduction to the Management of Human Resources (3)

• course Operations Management (3)

• course Business Writing (4)
  or course Advanced Critical Writing (4)

Accounting Required Courses

• course ACHIEVE III - Accounting (0)

• course Intermediate Financial Accounting I (3)

• course Intermediate Financial Accounting II (3)

• course Managerial and Cost Accounting II (3)

• course Introduction to Data Analytics for Accounting (3)

• course Accounting Information Systems: Planning and Analysis (3)

Complete 3 Accounting (ACC) Elective Courses

• course Principles of Taxation (3)
  or course Introduction to Taxation (3)

• course Auditing (3)
  or course Auditing (3)

• course Government and Not-for-Profit Accounting (3)
  or course Government and Not-for-Profit Accounting (3)

• course Advanced Financial Accounting (3)
  or course Advanced Financial Accounting (3)

• course Special Topics in Accounting (3)

• course Independent Study (1 TO 3)

• course* Business Law for Accounting and Finance (3)

• course* Federal Income Tax II (3)

• course* AIS: Audit and Control (3)

• course* Tax Research, Planning, and Administration (3)

*Course may be counted as an Accounting elective with the permission of the Faculty Director of Accounting Programs or Accounting and Finance Department Chair

Additional Requirements

Students must complete the core program and the requirements of 1 of the business majors in the SBA with a minimum grade of C in each of the pre-core, core, major courses, and major-dependent concentration courses. Once admitted to the business program as a pre-business or undecided business student or major, a student must complete all of the remaining business core, major and business minor coursework for the degree at Oakland University.

Students must complete at least 31 credits of courses offered by the School of Business Administration, excluding course, course or course, course, course and course and course. Of these 31 credits, at least 12 credits must be in the student’s major.

Students earning an additional major are permitted to do so in all areas except general management. No more than 4 credits of independent study (4996) courses may be used to meet the major elective requirement. Courses numbered 3800 and 4900 may be repeated for up to 8 credits provided the topics are different. All major courses require a 2.6 GPA or better or major standing to take these courses (excludes Economics and non-SBA major courses).

Because of specific examination requirements, students who plan to take a professional accounting examination (CPA, CMA or CIA) should discuss their options with a Faculty Major Adviser before enrolling in 4000-level accounting courses.

Applicable Minors

All Minors are applicable to this major with the exception of the following Minor(s): Accounting, Business, Child Welfare, International Orientation for EGR/CS, and Sustainability Engineering.