Accounting

Department of Economics, Accounting, and Business

  • AMY E. COX, chair
  • DAWN DINGWELL
  • TANYA G. GREENLEE
  • WYNTON STEPHENS
  • MADELYN V. YOUNG

Mission

The mission of the Economics, Accounting and Business department is to offer students the high quality of education they need to succeed in a continuously changing business environment. All programs in the department allow students to apply their knowledge in a variety of projects and activities. The faculty is committed to excellence in teaching. Internships are required in some majors and concentrations and strongly encouraged in all.

The Department of Economics, Accounting and Business has four separate majors: economics, accounting, business administration and healthcare administration. Within the business administration major the department offers four concentrations: finance, international business, marketing, and sports management. The department prepares students who wish to pursue graduate education for entrance to and successful completion of graduate school.

The General Education Program is a requirement for all degrees. The requirements listed below are approved for the Bachelor of Arts, Bachelor of Science and Bachelor of Fine Arts.

ENG 101 3 hours
Language and Culture 9 hours
MTH 108 or higher 3 hours
One course designated as Quantitative reasoning 3–4 hours
Health and Well-being Wellness 2 hours
Activity course 1–2 hours
Humanities 6 hours
Literature 3 hours
Fine Arts 6 hours
Natural Science 7–8 hours
Social Science 6 hours
Total 49–52 hours

Graduation requirements but not a separate course:

  • First Year Seminar
  • Writing Intensive course
  • Non-European/non-Anglophone course Capstone experience

Major and Minor GPA Calculation for Economics, Accounting and Business Department

A minimum GPA of 2.0 is required to earn the following in the department of Economics, Accounting and Business:

Bachelor of Arts with an Economics major, Bachelor of Science with an Economics major, Economics minor, Bachelor of Science with an Accounting major, Accounting minor, Bachelor of Arts with a Business Administration major, Bachelor of Science with a Business Administration major, Business Administration minor, Marketing minor, Bachelor of Arts with a Healthcare Administration major. This includes all required courses including any major or minor requirements from outside this department. Transfer credits from other institutions do not figure into the required calculation for minor or major GPA.

Note: Majors in Business Administration with a concentration in International Business will also minor or double major in one of the foreign languages. The courses required for the minor or major in the foreign language will not count as part of the 2.0 GPA requirement in the Bachelor of Arts with a Business Administration major.

Accounting

It is recommended that the student pursuing a career in accounting consider taking additional courses beyond the major requirements including, but not limited to computer science, money and financial institutions, and other elective accounting and finance courses. Business ethics concepts are integrated throughout the accounting curriculum to expose future accountants to the variety and depth of ethical dilemmas present in the business world. Accounting graduates are currently working in banking, public accounting, manufacturing, service companies and attending graduate school in both masters level and doctorate programs.

The mission of the accounting program is to ensure that Converse accounting graduates will integrate analytical, problem solving, communication and professional skills with business and financial knowledge to be effective financial professionals and prospective leaders in their communities.

Courses

ACC 191: APPLICATIONS OF EXCEL IN ACCOUNTING

Class Program
Accounting
Credits 1

This course will give students hand-on experience in applying Excel spreadsheets to real- world situations and problems. Topics discussed include but are not limited to the following: writing basic formulas: using the statistical, financial, and other formulas in the Excel package; using the regression and the correlation analysis tools of Excel; creating and formatting tables, charts and graphs to express quantitative data in a visual format; writing Macros to fit business situations.

Notes

Elective credit.

ACC 211: ACCOUNTING PRINCIPLES I

Class Program
Accounting
Credits 3

This study of the basic techniques of financial accounting emphasizes the processes of recording, classifying, summarizing, and interpreting business transactions. Topics covered include balance sheet and income statement preparation with an emphasis on the asset side of the balance sheet and related income statement accounts. Quantitative GEP requirement.

Prerequisites

Prerequisite: Sophomore standing or permission of instructor

Notes

Major, Minor, Elective credit.

ACC 212: ACCOUNTING PRINCIPLES II

Class Program
Accounting
Credits 3

This is a continuation of ACC 211. Management accounting topics such as product costing, budgeting, and decision-making are studied.

Prerequisites

ACC 211 with a grade of C- or above.

Notes

Major, Minor, Elective credit.

ACC 375: FINANCIAL STATEMENT ANALYSIS

Class Program
Accounting
Credits 4

This course will help students develop the skills necessary to analyze and interpret financial statements of corporations. Students will explore financial reporting topics introduced in ACC 211. Additional topics will include return on invested capital, profitability and investment analysis. This analysis viewpoint is that of the user of financial statements.

Prerequisite Courses
ACC 211: ACCOUNTING PRINCIPLES I
ACC 212: ACCOUNTING PRINCIPLES II
Notes

Major, Minor, Elective credit.

ACC 380: ACCOUNTING AND BUSINESS INFORMATION SYSTEMS

Class Program
Accounting
Credits 4

Study of business information systems for future business professionals. This course is intended to lay a foundation for providing accounting user support, information technology and problem solving. Students are exposed to a variety of information technologies and methods of analysis of business processes. Advantages and disadvantages of the different technologies are highlighted and discussed.

Prerequisites

Or instructor’s permission.

Prerequisite Courses
ACC 211: ACCOUNTING PRINCIPLES I
Notes

Major, Minor, Elective credit.

ACC 499: ACCOUNTING INTERNSHIP

Class Program
Accounting
Credits 1 6
The internship provides experience in public, private, or non-profit accounting. A portfolio of the internship is required. Pass/fail grading.
Prerequisites

At least 12 hours in major in department; 2.5 GPA in major; and permission of the faculty director.