Gatton College of Business & Economics

Accounting

120

Total Hours

30

Accounting Hours

31

UK Core Hours

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Eric Orr

Director of Recruitment

Gatton College of Business and Economics

Gatton College of Business & Economics

Program website

859.257.4627

  • BSA
Other programs from the Gatton College of Business & Economics:

Learn the universal language of business in the Von Allmen School of Accountancy. Your accounting degree will prepare you for a wide array of professional opportunities analyzing key financial data and providing the insight all companies need to make decisions and formulate strategy.

 

Students interested in earning both bachelor's and master's degrees in accounting, are encouraged to explore our innovative Accounting Scholars Four Year Professional BSBA/MSACC Program. Students in the BSBA/MSACC program have the opportunity to earn a bachelor's and master's degrees, complete a professional internship, and pass the CPA exam within four years.

 

 

Careers

Real-World Preparation

The Von Allmen School of Accountancy prepares students for careers in public and private accounting, business and industry, universities and government. The program is high touch in which many students develop a close working relationships with our dedicated faculty. Our students are regularly recruited by Deloitte, EY, KPMG, PwC, and many other large national, regional and local CPA firms, as well as major fortune 500 companies.

 

Current Curriculum Information

Access Major Template

source: myUK: GPS

  • Accounting (BSA) 123 hours

Click to toggle each Academic Year. Click each course for more information.

Freshman Year

Fall Semester
  • Composition and Communication I3
  • MA 109 - COLLEGE ALGEBRA3

    Selected topics in algebra. Develops manipulative algebraic skills and mathematical reasoning required for further study in mathematics. Includes brief review of basic algebra, quadratic formula, systems of linear equations, introduction to functions and graphing. This course is not available for credit to persons who have received credit in any mathematics course of a higher number with the exceptions of MA 111, 112, 123, 162, 201 and 202. Credit not available on the basis of special examination. Prereq: Two years of high school algebra and a Math ACTE score of 21 or above or a Math SAT score of 510 or above; or MA 108R; or appropriate score on the math placement test or grade C or better in MA 111.

  • 3
  • 3
  • 3
  • UK 101 - ACADEMIC ORIENTATION1

    This course is designed to assist undergraduates in adjusting to the academic life of the University. Through lectures, discussions, exercises, and out-of-class assignments, UK 101 helps first-year students: articulate the purpose and nature of a college education at a research university; articulate UK’s expectations of its students; gain an appreciation of the University’s mission, history, and traditions; develop skills for achieving academic success such as study strategies and library research skills; increase awareness and use of campus resources; reflect on personal and social issues that first-year students often face in a college environment; become involved in the total life of the University; and form beneficial relationships with students, faculty, and staff.

    • Total16
Spring Semester
  • UK Core - Comp. & Comm. II3

    Composition and Communication II

  • MA 123 - ELEMENTARY CALCULUS AND ITS APPLICATIONS4

    An introduction to differential and integral calculus, with applications to business and the biological and physical sciences. Not open to students who have credit in MA 113 or MA 137. Note: Math placement test recommended. Prereq: Math ACT score of 26 or above, or Math SAT of 600 or above, or MA 109, or appropriate math placement score, or consent of department.

  • 3
  • 3
  • 3
    • Total16
    • Total Freshman Hours32

Sophomore Year

Fall Semester
  • ECO 201 - PRINCIPLES OF ECONOMICS I3

    The study of the allocation of scarce resources from the viewpoint of individual economic units. Topics include household and firm behavior, competitive pricing of goods and resources, and monopoly power.

  • ACC 201 - FINANCIAL ACCOUNTING I3

    This course is designed to provide an introduction to financial accounting from the users' perspectives. Its primary purposes are to promote understanding of financial accounting information for decision making purposes and to focus on financial accounting's role in communicating business results.

  • STA 296 - STATISTICAL METHODS AND MOTIVATIONS3

    Introduction to principles of statistics with emphasis on conceptual understanding. Students will articulate results of statistical description of sample data (including bivariate), application of probability distributions, confidence interval estimation and hypothesis testing to demonstrate properly contextualized analysis of real-world data.

  • MKT 300 - MARKETING MANAGEMENT3

    The literature and problems in the retail distribution of consumers' goods, wholesale distribution of consumers' goods, industrial goods, sales organizations, sales promotion and advertising, and price policies.

  • Elective3
    • Total15
Spring Semester
  • ECO 202 - PRINCIPLES OF ECONOMICS II3

    A study of how society’s needs are satisfied with the limited resources available. Topics include contemporary issues such as inflation, unemployment, economic growth, international dependencies, and how public policy deals with them. A critical understanding of the U.S. and global economies will enhance your value as a manager or executive of a business (whether for-profit or non-profit), as a family member dealing with jobs and financial decisions, and as a voter in a democracy. The course will allow you to become knowledgeable of, and able to critically think about, the major macroeconomic issues of unemployment, jobs, recessions, economic growth, inflation, deflation, oil prices, monetary policy, the Federal Reserve, fiscal policy, budget deficits, the national debt, international trade, international finance, and the financial system.

  • ACC 202 - MANAGERIAL USES OF ACCOUNTING INFORMATION3

    An introduction to the use of accounting data within an organization to analyze and solve problems and to make planning and control decisions.

  • MGT 301 - BUSINESS MANAGEMENT3

    A study of planning, organizing and controlling; an interdisciplinary approach; actual decision-making cases.

  • MA 162 - FINITE MATHEMATICS AND ITS APPLICATIONS3

    Finite mathematics with applications to business, biology, and the social sciences. Linear functions and inequalities, matrix algebra, linear programming, probability. Emphasis on setting up mathematical models from stated problems.

  • Elective3
  • B&E 105 - TECHNOLOGY FOR BUSINESS SOLUTIONS1

    This course prepares pre-major students in the Gatton College of Business & Economics to use business software at a high level of proficiency and focuses on Microsoft Excel and Access. Lectures will be supplemented with hands on experiences with business problems.

    • Total16
    • Total Sophomore Hours31

Junior Year

Fall Semester
  • ACC 301 - INTERMEDIATE ACCOUNTING I3

    This course is the first of a two-course financial accounting series, providing an in-depth study of the accounting cycle, conceptual framework of financial accounting, valuation of balance sheet accounts, recognition of revenues, matching of expenses, and the reporting of the financial condition, operating results, and cash flows of an entity.

  • ACC 324 - ACCOUNTING INFORMATION SYSTEMS3

    This course focuses on two major components of accounting information systems: conceptual models and physical implementation. Accounting systems are studied from an accounting cycles perspective, emphasizing the nature and relevance of accounting internal controls and the relationship of accounting systems to the functional areas of accounting. Using contemporary information technology students analyze, design, and implement accounting systems along with relevant internal control structures.

  • ECO 391 - ECONOMIC AND BUSINESS STATISTICS.3

    This course provides a survey of empirical techniques relevant to modern economics and business, with a major emphasis on estimation, hypothesis testing, correlation, modeling, analysis of variance, regression, forecasting, and time series analysis. Many of the upper division courses in Accounting, Agriculture Economics, Analytics, Economics, Finance, Management, Marketing, and Public Policy use and build upon the statistical techniques and analysis learned in ECO 391.

  • AN 300 - ANALYZING BUSINESS OPERATIONS3

    To be well-prepared, a business graduate must appreciate the nature and importance of an enterprise’s operations. This core business course introduces underlying concepts and basic analytical techniques essential for managing a firm’s manufacturing and service operations. Operations decisions focus on how to plan, control, and coordinate the organizational resources and processes concerned with producing and distributing goods and/or services. This course emphasizes quantitative and technology-based analyses of real decision problems involving such operations issues as quality control, capacity planning, location analysis, layout analysis, inventory management, forecasting, and project management within a business firm.

  • CIS 300 - STRATEGIC BUSINESS AND PROFESSIONAL COMMUNICATION (W)3

    This communication intensive course prepares B&E majors for their careers by developing effective communication skills (integrated written, oral, and visual) applied specifically to today’s technology- driven and global business environment. The course will focus on developing strong communication skills in interpersonal settings, on small group teams, and when delivering public presentations. Students will prepare cover letters, resumes, websites, and portfolios; develop effective interviews skills in face-to-face and online environments; communicate effectively based on audience analysis in face-to-face and online settings; deliver effective formal public business presentations (informative and persuasive) based on audience analysis and using a variety of presentational aids that enhance the message; and learn to manage data, graphics, and a positive online presence (e.g. websites, blogs, social media outlets, email messages, and webinars). This course is a Graduation Composition and Communication Requirement (GCCR) course in certain programs, and hence is not likely to be eligible for automatic transfer credit to UK.

    • Total15
Spring Semester
  • ACC 302 - INTERMEDIATE ACCOUNTING II3

    This course is the second of a two-course financial accounting series, providng an in-depth study of the accounting cycle, conceptual framework of financial accounting, valuation of balance sheet accounts, recognition of revenues, matching of expenses, and the reporting of the financial condition, operating results, and cash flows of an entity. week.

  • ACC 403 - AUDITING3

    This course examines the attest function in accounting. Emphasis is placed on audit standards and objectives, including the evaluation of internal control structures for the purpose of determining relevant auditing procedures.

  • FIN 300 - CORPORATION FINANCE3

    An introduction to the basic principles, concepts, and analytical tools in finance. Includes an examination of the sources and uses of funds, budgeting, present value concepts and their role in the investment financing and dividend decision of the corporate enterprise.

  • Elective3
  • Elective3
    • Total15
    • Total Junior Hours30

Senior Year

Fall Semester
  • ACC 418 - COST MANAGEMENT3

    Traditional and contemporary concepts and techniques that provide accounting information for management decision making at both strategic and operational levels. Topics include the costing of products and services; project and activity analysis; planning and control methods; and performance measurement.

  • ACC 407 - CONCEPTS OF INCOME TAXATION3

    A study of the federal income tax structure with emphasis upon the conceptual foundations of taxation relating to the three types of taxpayers. businesses, individuals, and estates and trusts.

  • MGT 340 - ETHICAL AND REGULATORY ENVIRONMENT3

    This course focuses on ethical principles, the nature of the capitalist-collectivist continuum, government influence on business, and the responsibility of business to society. Topics to be considered include major approaches to ethical reasoning, antitrust law, social regulation, and the economic and social theories that undergird the concept of the social responsibility of business

  • Elective3
  • Elective3
    • Total15
Spring Semester
  • ACC 400 level and above3
  • ACC 400 level and above3
  • MGT 499 - STRATEGIC MANAGEMENT3

    This course focuses on the unique challenges of managing the full range of business functions and processes in single-business and diversified companies. It actively involves students in the exploration of current strategic management concepts, frameworks, and techniques commonly used by top-level managers to gain competitive advantage over rival companies.

  • Elective3
  • Elective3
    • Total15
    • Total Senior Hours30

Classes & Requirements

What You'll Study

The Accounting program prepares students for careers in public and private accounting, business and industry, universities and government. Majors learn to communicate, measure, and process financial information about an economic entity.

A suggested course to explore this career path is ACC 201.

To earn the Bachelor of Science degree in Accounting, students in the Gatton College of Business and Economics must fulfill University Studies requirements (students enrolled prior to Fall 2011) or UKCore requirements (students enrolled Fall 2011 on), the College premajor, College core requirements and major requirements.

This degree requires a minimum 120 semester hours. Students must complete the premajor courses for accounting majors and at least 27 credit hours of upper-division coursework from the School of Accountancy.

Minimum Total Hours: 120

University Studies UK Core

Major Requirements 

ACC 301           Intermediate Accounting I (3)

ACC 302           Intermediate Accounting II (3)

ACC 324           Accounting Information Systems (3)

ACC 403           Auditing (3)

ACC 407           Concepts of Income Taxation (3)

ACC 418           Cost Management (3)

ACC Electives  Upper-division Accounting elective (400 level & above) (6)

MGT 499         Strategic Management (3)

             

Please note: Students planning to pursue a Master of Science in Accounting (MSA) at the University of Kentucky should take ACC 403, ACC 407, ACC 418 and one additional 400- or 500-level ACC course to prepare for the MSA.


Four Year Plan for students under UK Core requirements

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Featured Career

Accountants and Auditors

Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently.

Source: Bureau of Labor Statistics | Click the link for more info.

Median Salary

$65,940

per year in 2014

Number of Jobs

1.33m

in 2014

10 Year Job Outlook

142,400

new jobs (average)

Work Environment

Most accountants and auditors work full time. In 2014, about 1 in 5 worked more than 40 hours per week. Overtime hours are typical at certain times of the year, such as at the end of the budget year or during tax season.

Source: Bureau of Labor Statistics

Read More

Similar Occupations

Source: Bureau of Labor Statistics

  • Bookkeeping, Accounting, and Auditing Clerks
  • Budget Analysts
  • Cost Estimators
  • Financial Analysts
  • Financial Managers
  • Management Analysts
  • Personal Financial Advisors
  • Postsecondary Teachers
  • Tax Examiners and Collectors, and Revenue Agents
  • Top Executives

Contact

Eric Orr

Director of Recruitment

Gatton College of Business and Economics

Gatton College of Business & Economics

859.257.4627

Other programs from the Gatton College of Business & Economics:

Get more information about going to the University of Kentucky