2016-2017 UNDERGRADUATE STUDIES CATALOG
Effective 1 June 2016 through 31 May 2017
Please see the Undergraduate Catalog Archives for PDF versions of past catalogs.
This program offered by Walker School of Business & Technology/Business Department
The bachelor of science (BS) in accounting is designed to provide students with the core knowledge, skills, and tools necessary to successfully enter the profession of accounting. The accounting curriculum will allow students to explore and appreciate the career opportunities in public accounting, corporate accounting, and other related areas. The program is also designed to offer the student a general, diversified business background that is significantly important to the accounting professional in today's technology driven, global business environment. However, the emphasis of the Webster University accounting program is to prepare students for the Certified Public Accounting examination.
The degree requires a total of 128 credit hours. Transfer students must take at least 18 credit hours of accounting at Webster University to earn this degree.
The BS in accounting is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
- Accounting graduates can identify and describe fundamental auditing and attestation procedures.
- Students can define and apply procedures to plan an audit engagement.
- Students can evaluate and critique appropriate internal control procedures in a business entity.
- Students can assess and generate appropriate documentation required to form an audit opinion.
- Students can assess and design appropriate audit review procedures to provide reasonable assurance audit objects are achieved.
- Students can generate and present appropriate communications to satisfy engagement objectives.
- Students can define and prioritize accounting concepts and standards for preparing financial statements.
- Students can explain and illustrate financial statement items for recognition, measurement, valuation and presentation in conformity with GAAP.
- Students can evaluate and identify accounting for special types of transactions and events including business combinations, discontinued operations, and extraordinary items.
- Students can illustrate and explain accounting procedures for governmental entities.
- Students can compare and assess accounting for not-for-profit entities.
- Students can analyze and synthesize ethics and professional responsibilities of the accounting profession.
- Students can interpret and judge how the legal environment of business affects the accounting profession.
- Students can analyze and prioritize federal tax procedures and tax accounting issues.
- Students can interpret and illustrate federal taxation of property transactions.
- Students can predict and recognize federal taxation procedures for individuals.
- Students can interpret and contrast federal taxation procedures for business entities.
- Students can identify and illustrate the basic formation of various business entities.
- Students can investigate and interpret basic economic concepts affecting a business entity.
- Students can recognize and apply basic financial management strategies for decision making purposes.
- Students can explain and appraise the implications of information technology in a business environment.
- Students can design and apply techniques used for the planning, measurement, and allocation of the resources of the entity.
A minimum of 128 credit hours consisting of the following:
- 72 required credit hours
- Applicable University Global Citizenship Program hours
Business Core Curriculum for Accounting Majors
- ACCT 2010 Financial Accounting (3 hours)
- ACCT 2025 Managerial Accounting (3 hours)
- BUSN 2750 Introduction to Statistics (3 hours)
- BUSN 4110 Operations Management (3 hours)
- ECON 2030 Principles of Macroeconomics (3 hours)
- ECON 2020 Principles of Microeconomics (3 hours)
- FINC 3210 Principles of Finance (3 hours)
- MNGT 2100 Theory and Practice (3 hours)
- MNGT 3280 Introduction to Business Law (3 hours)
- MNGT 3450 Organizational Behavior (3 hours)
- MNGT 3500 Marketing (3 hours)
- MATH 1430 College Algebra (3 hours)
Accounting Course Requirements
- ACCT 3025 Advanced Managerial and Cost Accounting (3 hours)
- ACCT 3030 Intermediate Accounting I (3 hours)
- ACCT 3040 Intermediate Accounting II (3 hours)
- ACCT 3075 Federal Tax Accounting: Personal (3 hours)
- ACCT 3080 Federal Tax Accounting: Corporate (3 hours)
- ACCT 3800 Accounting Information Systems (3 hours)
- ACCT 4100 Advanced Financial Accounting (3 hours)
- ACCT 4220 Financial Statement Analysis (3 hours)
- ACCT 4900 Auditing I (3 hours)
- ACCT 4910 Auditing and Professional Responsibilities (3 hours)
- ACCT 4930 Introduction to Internal and Information Technology Auditing (3 hours)
- ACCT 4990 Accounting Seminar (3 hours)