Program Overview
Accounting Program
The Accounting program at Nebraska Wesleyan University offers a Bachelor of Arts (B.A.) and Bachelor of Science (B.S.) degree. The program is designed to provide students with a comprehensive education in accounting, preparing them for careers in public accounting, industry, and government.
Program Requirements
The Accounting major requires 66 hours of coursework, with 12 hours of upper-level courses and 12 hours of courses taken at Nebraska Wesleyan University. The program includes the following courses:
- ACCT 1310 Principles of Accounting I (3 hours)
- ACCT 1320 Principles of Accounting II (3 hours)
- ECON 1530 Macroeconomic Principles (3 hours)
- ECON 1540 Microeconomic Principles (3 hours)
- BUSAD 1090 Spreadsheet Applications (1 hour)
- BUSAD 2000 Principles of Marketing (3 hours)
- BUSAD 2100/ECON 2100 Business and Economic Statistics (3 hours)
- BUSAD 2500 Principles of Management (3 hours)
- BUSAD 2700 Business Law I (3 hours)
- BUSAD 3300 Quantitative Methods (3 hours)
- BUSAD 3700 Financial Management (3 hours)
- BUSAD 4600 Business Ethics (3 hours)
- BUSAD 4800 Strategic Management (3 hours)
Accounting Courses
The program also includes 30 hours of accounting courses, with 12 hours taken at Nebraska Wesleyan University. The courses include:
- ACCT 2110 Intermediate Accounting I (3 hours)
- ACCT 2120 Intermediate Accounting II (3 hours)
- ACCT 2280 Cost Accounting (3 hours)
- ACCT 2440 Accounting Information Systems (3 hours)
- ACCT 3300 Managerial Accounting (3 hours)
- ACCT 3400 Individual Federal Tax Accounting (3 hours)
- ACCT 4410 Corporate Federal Tax (3 hours)
- ACCT 4420 Auditing (3 hours)
- ACCT 4430 Advanced Accounting (3 hours)
Senior Comprehensive
The program requires a senior comprehensive course, ACCT 4970 Accounting Internship (3 hours), which provides students with hands-on experience in accounting.
Additional Requirements
A department-approved math course (MATH 1100 College Algebra, MATH 1400 Pre-Calculus, MATH 1500 Calculus for Management, Biological, and Social Sciences, or MATH 1600 Calculus I) and a department-approved communication course (BUSAD 2300 Business Communication or COMM 4100 Communication in the Professions) are also required.
Note
The Nebraska State Board of Public Accountancy requires 150 hours to be eligible to sit for the CPA exam. BUSAD 2800 Business Law II is recommended for students who wish to take the CPA exam.
Course Descriptions
The following course descriptions provide more detailed information about each course:
ACCT 1310 Principles of Accounting I
This course introduces the basic accounting model and the framework for developing financial statements.
ACCT 1320 Principles of Accounting II
This course studies the role of accounting in the formation and capitalization of corporations, including cash flow, analysis and interpretation of financial statements, and basic managerial accounting.
ECON 1530 Macroeconomic Principles
This course examines the macroeconomic theories, problems, and policies of the U.S. economy.
ECON 1540 Microeconomic Principles
This course examines the microeconomic theories, problems, and policies of the U.S. economy.
BUSAD 1090 Spreadsheet Applications
This course introduces students to spreadsheet software and its applications in business.
BUSAD 2000 Principles of Marketing
This course introduces students to the fundamentals of strategic marketing planning and the development of the marketing mix.
BUSAD 2100/ECON 2100 Business and Economic Statistics
This course introduces students to descriptive and inferential statistics, including hypothesis testing and decision making in business and economics.
BUSAD 2500 Principles of Management
This course introduces students to management theory and practice, including the basic managerial functions of planning, organizing, leading, and controlling.
BUSAD 2700 Business Law I
This course introduces students to the law, the courts, torts, and contracts, and explores the law's application to business.
BUSAD 3300 Quantitative Methods
This course reviews modern quantitative methods used in decision making, including linear programming, regression analysis, and simulation models.
BUSAD 3700 Financial Management
This course introduces students to financial management, including concepts of risk and return, time value of money, and stock and bond valuation.
BUSAD 4600 Business Ethics
This course investigates ethical issues and moral dilemmas found in the modern business arena.
BUSAD 4800 Strategic Management
This course integrates all prior accounting, business, and economics courses as final preparation for the student's entry into the business world or graduate studies.
ACCT 2110 Intermediate Accounting I
This course studies accounting theory and procedure and the preparation of financial statements for corporations.
ACCT 2120 Intermediate Accounting II
This course continues the study of accounting theory and procedure, including long-term liabilities, stockholders' equity transactions, and preparation of the cash flow statement.
ACCT 2280 Cost Accounting
This course studies methods used in allocating costs and expenses to operations.
ACCT 2440 Accounting Information Systems
This course focuses on the collecting, processing, and communicating financial information in an organization.
ACCT 3300 Managerial Accounting
This course studies advanced topics in providing and utilizing accounting information in the planning and controlling of business operations.
ACCT 3400 Individual Federal Tax Accounting
This course introduces students to Federal Income Tax laws through the study of the tax law, regulations, and procedures that apply to individual taxpayers.
ACCT 4410 Corporate Federal Tax
This course studies the tax law, regulations, and procedures that apply to corporations and partnerships.
ACCT 4420 Auditing
This course provides an overview of the auditing profession and studies the various types of audit reports.
ACCT 4430 Advanced Accounting
This course studies accounting issues related to corporate expansion and prepares financial statements for consolidated entities.
ACCT 4970 Accounting Internship
This course provides students with hands-on experience in accounting, allowing them to apply theoretical knowledge in a practical setting.
MATH 1100 College Algebra
This course studies functions from algebraic, graphical, numerical, and modeling perspectives.
MATH 1400 Pre-Calculus
This course studies elementary functions, their graphs, and applications, including polynomial, rational, algebraic, exponential, logarithmic, and trigonometric functions.
MATH 1500 Calculus for Management, Biological, and Social Sciences
This course introduces students to calculus, including limits, continuity, differentiation, and integration, with emphasis on relevant applications.
MATH 1600 Calculus I
This course introduces students to calculus of a single variable, including limits, continuity, differentiation, and beginning integration, with applications.
BUSAD 2300 Business Communication
This course reviews the basics of effective oral and written communication and applies these basics to business writing and presentations.
COMM 4100 Communication in the Professions
This course helps students design and make presentations for a variety of communication contexts and audiences, enhancing practical skills and theoretical insights.
BUSAD 2800 Business Law II
This course surveys the application of the law to business entities, with an emphasis on business formation, negotiable instruments, and other legal matters.