Accountancy Concentration

Why choose to major in Accounting?

AccountancyThe B.S. degree with an option in accountancy provides the student with the analytical foundation of the discipline of accountancy. Included are the special tools and techniques of planning and control using financial and managerial accounting, income taxes, cost analysis and systems. Students establish qualifications for careers in public accounting, and in industrial, governmental and other positions requiring managerial and analytical skills. The accountancy option provides an excellent background for graduate and other professional education. The elements of planning, administration and control covered in the accounting courses are essential to all areas of business. Many of the courses offered benefit students majoring in other fields by furnishing a comprehensive background of business procedures and financial relationships. 

Likewise, students in accountancy find it advantageous to concentrate their elective courses in quantitative and computer information systems areas as well as communication and interpersonal areas. 

A graduate of the Cameron School of Business who has completed the option in accountancy is qualified by the Institute of Management Accounting to write the CMA examination. A student graduating with an undergraduate degree with an option in accountancy is permitted by the North Carolina State Board of Accountancy to sit for the Uniform CPA Examination. However, students should be aware that in most states, including North Carolina, 150 hours of coursework are required to be licensed as a CPA. North Carolina also requires that at least 30 hours of a CPA candidate's coursework be in accounting. Three of the thirty hours may be in business law. 

Required Courses (21 credits) 

  • ACG 301 - External Financial Reporting I
  • ACG 302 - External Financial Reporting II
  • ACG 305 - Advanced Managerial Accounting
  • ACG 306 - Accounting Information Systems
  • ACG 404 - Federal Income Taxes
  • ACG 406 - Auditing Concepts
  • ACG 445 - Advanced Accounting Information Systems - Security 

Additional Major Information

Student Learning Outcomes
Undergraduate Degree Program Worksheets & Option Sheets 

ACG Courses

ACG 301 - External Financial Reporting I (3) Prerequisite: A grade of “C” or better in ACG 201 and ACG 203. Analysis of traditional financial accounting topics and theory. Examines recent developments in accounting measurement and promulgations of the leading professional accounting organizations. ACG 301 emphasizes the development of accounting standards and theory, financial statements, and current assets.

ACG 302 - External Financial Reporting II (3) Prerequisite: A grade of C or better in ACG 301 and admission to Cameron School of Business. Analysis of traditional financial accounting topics and theory. Examines recent developments in accounting measurement and promulgations of the leading professional accounting organizations. Emphasizes plant assets, long term investments, liabilities, and stockholders’ equity.

ACG 305 - Advanced Managerial Accounting (3) Prerequisite: A grade of “C” or better in ACG 201 and ACG 203 and admission to Cameron School of Business. Identifying, capturing, developing, and reporting financial and other information to support strategic planning and decision making, short run management decisions, and management control of enterprise programs and activities. Specific topics include: strategic cost analysis, activity-based management, profit planning and budgeting, short run decision structures, and management systems for strategic and operational control.

ACG 306 - Accounting Information Systems (3) Prerequisites: A grade of “C” or better in ACG 201, ACG 203 and MIS 213. Corequisite or prerequisite: ACG 301. An introduction to the aggregation of data in an accounting information system with an emphasis on documentation, internal controls, and transaction cycles. Laboratory projects include advanced spreadsheet functions, an accounting software package and a database package.

ACG 404 - Federal Income Taxes (3) Prerequisites: ACG 301 and admission to Cameron School of Business or consent of department chair. The study of federal income taxation of individuals with emphasis on business income and expense items and property transactions.

ACG 406 - Auditing Concepts (3) Prerequisites: A grade of “C” or better in ACG 301 and ACG 306 and admission to Cameron School of Business. Study of the objectives, standards, procedures and reporting requirements associated with a public accountant’s role in auditing financial statements, auditing internal controls over financial reporting and performing assurance engagements. Students will learn how to make client acceptance decisions, plan and conduct audits and generate appropriate report(s) in light of competitive, legal and ethical constraints.

ACG 445 - Advanced Accounting Information Systems - Security (3) Prerequisite: A grade of “C” or better in ACG 306, senior standing, and admission to Cameron School of Business. A study of the security issues in a distributed computing environment and the impact of electronic commerce on the production and dissemination of financial information, security problems and solutions for UNIX and Windows NT operating systems are studied. Addresses risks faced by firms engaging in e-commerce, as well as, procedures for managing those risks. Partially satisfies University Studies IV: Building Competencies/Writing Intensive.