Accounting (B.A.C.)

Accounting is both a primary communication channel between business entities and its stakeholders and a comprehensive information system which supports effective decision making. The role of the accounting profession is becoming more pronounced in today’s business environment which is characterized by scarce resources, fierce rivalry, complex transactions and increased public scrutiny. Furthermore, auditors are considered the key deterrent to managerial malfeasance, a phenomenon which adversely affects markets and investors’ confidence. Students pursuing the Bachelor of Accounting will be exposed to a comprehensive set of technical knowledge of financial accounting, cost/managerial accounting, taxation, and auditing. Ethical considerations, corporate governance and financial transparency issues are covered throughout the course offerings.

Accounting graduates are qualified to work within different professional capacities at corporate multinationals, Big 4 auditing firms, banks, consulting firms, and other types of organizations. In addition, recent graduates of the program have attained, or are currently pursuing, professional certifications such as the Certified Public Accountant (CPA), the Chartered Financial Analyst (CFA), the Certified Management Accountant (CMA), and the Association of Chartered Certified Accountant (ACCA) qualification, in addition to other postgraduate studies.

The objective of the Bachelor of Accounting degree is to provide conceptual and practical knowledge to graduates who will prepare, report and analyze economic and financial information used for making sound managerial decisions.

1. Students who have been admitted to the Bachelor of Accounting program as incoming freshmen must complete the three courses listed below before taking any additional courses in the major.
2. Students who seek to be admitted to the Bachelor of Accounting program through the declaration process should apply in their third semester. Students seeking to declare the BAC program must have completed not less than 27 credit hours of study including the three courses listed below. Based on the available space a limited number of students who have successfully completed these courses and who meet the GPA requirements as determined by the department will be accepted in the major.

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Students must complete a minimum of 127 credit hours for the Bachelor of Accounting degree.

Students who seek the Bachelor of Accounting degree are not permitted to minor in Business Administration.