Program Overview

WFU/Barcelona: Accounting (Summer)

Overview

The overall goal of this course is to provide students with an introduction to the theory and procedures underlying financial accounting and reporting. The fundamentals of financial statement analysis will be introduced in an effort to emphasize what the numbers in these financial statements mean and why they matter. Areas of emphasis include the preparation of and theoretical foundation for the financial statements (i.e., the income statement, the balance sheet, the statement of retained earnings, and the statement of cash flows), the accounting process, and the measurement and reporting of cash, receivables, inventory, property, plant, and equipment, intangible assets, short- and long-term liabilities, and stockholders' equity.

Location

Barcelona, Spain

Program

This program allows Wake Forest students to study in one of Europe's most vibrant cities while completing a required course for admission into the School of Business. Students will engage in classroom learning, cultural immersion, and co-curricular activities that bring accounting concepts to life in a global context.

Faculty

• Associate Professor of Accounting: Norma Montague

Accommodation

• Double-Occupancy shared apartments

Excursions

Some anticipated excursions/field trips are as follows:

• Montserrat Monastery
• Gaudi & Modernisme Barcelona
• Seaside town of Sitges

Selection

• Good academic standing

Costs

The total cost of summer study abroad can be broken down into four categories:

• Program Fee – Usually covers room, in-country travel, excursions, some meals and other costs associated with the program.
• Tuition – Students on WFU summer programs pay WFU summer school tuition per credit hour.
• Airfare (estimated) – Varies per location. Students are responsible for their own airfare unless otherwise noted.
• Personal Expenses (estimated) – These will vary depending on the students' spending habits, cost of living in the destination country, and the number of meals included in the program fee. Estimated costs:
• Program Fee: $4,005
• Tuition (3hrs): $2,850
• Airfare: $2,000 (estimated)
• Personal Expenses: $2,000 (estimated)
• Estimated total cost: $10,855

Scholarships

Scholarships are available through the Center for Global Programs and Studies. Scholarship deadline is February 1st.

Visa & Passport

• Passport Information: Students need to check their passport's expiration date and ensure that it will be valid for at least 6 months after the program's end date.
• Visa Information: If you are a US citizen, you most likely will not require a visa for your summer abroad program.

Program Dates

• Term: Summer 2026
• Application Deadline: March 1, 2026
• Program Start: Forthcoming
• Program End: Forthcoming

Additional Details

• Destinations: Barcelona, Spain
• Courses of Study: Business (ACC, BEM and FIN)
• Terms: Summer
• GPA Requirement: 2
• Class Status: 2 semesters completed
• Language of Instruction: English
• Open to non-WFU Students: Yes
• Program Term: Summer