BS - Accounting
The Bachelor of Science degree with a major in Accounting is an academic program designed for working professionals employed in public or private organizations who are interested in completing a baccalaureate degree focusing on accounting theory, taxation, and auditing.
Upon completion of the program, students will be able to:
- Demonstrate an understanding of decision making from a Christian worldview.
- Demonstrate knowledge of current accounting principles, tax law, current auditing standards, and the use of accounting information by management.
- Develop critical thinking, problem solving, and communication skills.
- Apply accounting theory in a practical manner.
- Demonstrate technology skills necessary to solve accounting problems.
The first two courses, ACC-201 (Accounting Principles I) and ACC-202 (Accounting Principles II), are provided to those who wish to meet minimum credit hour entrance requirements and as optional refresher courses for those entering the program. The core program focuses on accounting theory emphasizing analytical skills, practical application, and problem solving. Accounting, taxation, and auditing issues faced by managers in a variety of business organizations are also addressed. The accounting curriculum is designed to provide working business professionals with the skills and knowledge necessary to transition into or advance within the general field of accounting.
The curriculum will be completed in the order established by Indiana Wesleyan University. Indiana Wesleyan University reserves the right to modify the curriculum as necessary.
Note: This degree provides an excellent foundation for students who anticipate pursuing their CPA certification. The courses offered in this program give broad coverage of all the major areas of competency needed to sit for the CPA exam. However, students will need to check with their state licensing board of accountancy for the specific requirements needed to make application to take the CPA examination. States require different application credentials and specifications, and Indiana Wesleyan University makes no promises, express or implied, that this degree alone will qualify graduates to sit for the CPA examination in any state.
Additionally, students will likely need to take a CPA review course (at their own expense) once they have completed the degree at Indiana Wesleyan University. Students cannot realistically expect to complete this degree at Indiana Wesleyan and immediately pass the CPA examination without first taking a CPA review course that prepares them for the intricate and specific questions that might appear on the CPA exam. It is up to each student to make arrangements to enroll in a CPA review course provided by the state in which the student plans to sit for the CPA examination. Indiana Wesleyan does not provide a CPA review course (or any licensing or continuing education courses) as part of the BS - Accounting program.
A minor in Accounting is available to a bachelor degree seeking student in the College of Adult and Professional Studies.
Admission Requirements
The admission requirements for Bachelor of Science degree with a major in Accounting offered through the College of Adult and Professional Studies are as follows:
- Proof of high school graduation or GED certification.
- Original transcripts from all previous college or university study at a college or university that is accredited by an accrediting agency recognized by both the U.S. Department of Education (ED) and the Council for Higher Education Accreditation (CHEA).
- Prior completion of at least 60 transferable credit hours is required before the student is eligible to start a bachelor core program.
- Evidence of knowledge equivalent to one semester of coursework in mathematics or statistics by meeting one of the following options:
- Transferring in a mathematics or statistics course from another institution.
- Taking a mathematics or statistics course from Indiana Wesleyan University.
Transfer Credit Policy
Transfer credit for core curriculum requirements for undergraduate programs within the DeVoe School of Business may be granted as follows:
- Credit must have been earned at a college or university that is accredited by an accrediting agency recognized by both the U.S. Department of Education (ED) and the Council for Higher Education Accreditation (CHEA) with a minimum grade of "C".
- Courses must be approved by the DeVoe School of Business.
- Students must complete at least 30 hours of the core curriculum at Indiana Wesleyan University.
Graduation Requirements
To graduate with a baccalaureate degree with a major in Accounting from the College of Adult and Professional Studies at Indiana Wesleyan University, the following requirements must be met:
- Completion of 120 semester hours.
- Completion of the required core courses with a GPA of 2.25 or higher.
- Cumulative GPA of 2.0 or higher.
- Completion of 30 hours of general education requirements as specified (General Education Requirements).
- Payment of all tuition and fees is required to receive a diploma.
Accounting (BS) - Program of Study
Prerequisite Courses
(must be completed before starting the core program)
Core Courses
| MGT-302 | Management and Leadership | 3 |
| FIN-210 | Managerial Finance | 3 |
| ACC-311 | Intermediate Financial Accounting and Reporting I | 3 |
| ACC-312 | Intermediate Financial Accounting and Reporting II | 3 |
| ECO-330 | Applied Microeconomics for Business | 3 |
| ADM-447 | Business Law | 3 |
| ACC-341 | Managerial Cost Accounting I | 3 |
| ACC-430 | Accounting Ethics | 3 |
| ACC-423 | Auditing | 3 |
| ADM-448 | Strategic Planning | 3 |
| ACC-451 | Advanced Accounting | 3 |
| ACC-371 | Federal Income Tax I | 3 |
| ACC-372 | Federal Income Tax II | 3 |
| ACC-491 | Accounting Information Systems | 3 |
| Total Credit Hours: | 42 |
