Accountants and auditors prepare, analyze, and verify financial documents in order for a business to make the necessary financial decisions through budget analysis, financial and investment planning, and other important services. They work with accounting and tax forms, financial reports and records, payroll and disbursement systems, contracts, policies and procedures, and government rules and regulations.
Accounting Majors with a Double Major
Educational requirements to sit for the CPA exam include a total of 150 semester hours of coursework. Accounting students that plan to sit for the CPA exam can meet this requirement with a double major in accounting and another area within the College of Business. Students are encourages to make the decision for a double major early in their academic career and to complete their upper level accounting courses during their final two years of study.
Skills and Requirements :
- Oral and written communication
- Data analysis and interpretation
- Ethical decision making
- Critical thinking/ problem solving
- Financial statement analysis and preparation
- Economic analysis
- Team oriented
- Accounting information systems knowledge
- Strong interpersonal skills
- Detail oriented
- Certified public accountant
- Managerial accountant
- Financial analyst
- Payroll manager
- Tax preparer
- Financial planner
- Business owner or manager
Salary and Outlook
According to CareerOneStop, a U.S. Department of Labor sponsored website, the median annual wage for accountants and auditors in 2012 was $63,600 and $56,100 in Arkansas. Salaries and outlook vary depending on job title, career field, level of education, experience, industry, and location. For more information on salary and outlook see the Bureau of Labor Statistics.
Students may visit our Career Services website at academics.uafs.edu/ for additional career exploration resources. These websites provide additional information about occupations:
- Discover Accounting
The COB requires each major to take a common lower and upper level set of core classes as well as individual major requirements tailored to each specific major. The following classes total 72 hours of business and accounting related coursework:
Lower Level Business Core
ACCT 2803 Principles of Financial Accounting
ACCT 2813 Principles of Managerial Accounting
ECON 2803 Principles of Macroeconomics
ECON 2813 Principles of Microeconomics
LAW 2003 Legal Environment of Business
MGMT 1203 Foundations of Business
MGMT 2203 Introduction to International Business
MGMT 2863 Business Communication
STAT 2503 Probability and Statistics I
Upper Level Business Core
FIN 3713 Business Finance
MGMT 3133 Social Responsibility and Ethics in Business
MGMT 3153 Organizational Behavior
MGMT 3523 Operations Management
MGMT 3913 Decision Support Systems
MGMT 4813 Strategic Management
MKTG 3013 Principles of Marketing Management
Accounting Major Requirements
ACCT 3003 Intermediate Accounting I
ACCT 3013 Intermediate Accounting II
ACCT 3023 Cost Accounting
ACCT 3053 Accounting Information Systems
ACCT 4013 Tax Accounting I
ACCT 4023 Advanced Accounting
ACCT 4053 Auditing
Accounting Majors at UAFS – Electronic Device Policy
Policy Statement: All accounting majors enrolled in upper-level Accounting classes in Fall of 2014 will be required to have their own Apple iPad for use in these classes.
WHAT IS REQUIRED?
At a minimum, you must have an Apple iPad2 or newer tablet with
- 16 GB or more of memory/storage
- Wifi enabled
- iTunes account for purchase of apps required for classroom use
Some of the key reasons to adopt the Apple iPads for classroom use include the following:
- Students need to be familiar with tablet technology used by accountants and other business professionals
- Students using iPads in the pilot program experienced a higher level of engagement with the material than in previous semesters.
- Students can benefit from taking notes and writing out homework problems by hand which has been proven to improve learning
- Students will be able to utilize a popular productivity tool and explore new ways to use these devices.
- Students will be able to save significant cost of textbooks through the use of e-books and still be able to highlight text and take margin notes like you do with hard copy books.
View the degree plan for the BBA in Accounting.