Bachelor of Science in Accounting
If you are interested in positions in public accounting, governmental and non-profit organizations, internal auditing, taxation or managerial accounting, you should major in accounting.

Why Accounting? 

Accounting Curriculum
Candidates for the Bachelor of Science degree in accounting must take 54 hours in the prescribed core and 9 additional hours of accounting, business or other approved electives.

The core consists of the following courses: ACC 220, 221, 325, 330, 331, 333, 336; BUS 150 or BUS 300, 250, 310, 340, 343, 348, 360, 370, 495; ECO 100, 101.  Electives include: ACC 337, 436, 437, 438; and BUS 472.

Accounting/MBA Option
In the five-year program, Meredith accounting students may begin taking graduate classes in their senior year and complete the M.B.A. in the summer and regular academic year following. The program is designed to meet the 150-hour education requirement for Certified Public Accountant (CPA) candidates as recommended by the American Institute of Certified Public Accounting (AICPA) and required in many states.

Accounting Courses:
ACC 220. FINANCIAL ACCOUNTING 3 hours
Semester Offered:  Fall and Spring
Not open to freshmen.
A study of basic accounting principles, the accounting cycle, and preparation, interpretation, and analysis of financial statements.

ACC 221. MANAGERIAL ACCOUNTING 3 hours
Prerequisite: ACC 220.  
Semester Offered:  Fall and Spring
The analysis of financial data for managerial decision making; interpretation of accounting data for planning and controlling business activities.

ACC 325. ACCOUNTING PROCEDURES, SYSTEMS, AND CONTROLS 3 hours
Prerequisite: ACC 220
Semester Offered:  Fall
A study of the technical aspects of accounting, basic accounting procedures, accounting cycle, and business transactions.  Use of special journals and subsidiary ledgers, standards setting, professional ethics, and an introduction to the use of computerized accounting software.

ACC 330. INTERMEDIATE ACCOUNTING I 3 hours
Prerequisite: ACC 220 with a C or better grade or with instructor's permission.  
Semester Offered:  Fall
The development of corporate financial accounting theory and its application to in-depth problems of financial statement account valuation, analysis of working capital, and determination of net income.  Also included is a study of the development of accounting concepts and principles; short-, intermediate-, and long-term obligations; and investments. 

ACC 331. INTERMEDIATE ACCOUNTING II 3 hours
Prerequisite: ACC 330 with a C or better grade.  
Semester Offered:  Spring
A continuation of ACC 330, featuring topics such as income measurement and valuation issues related to stockholders' equity, long-term liabilities, special sales methods, investments, accounting changes, and pensions. Related professional literature will be analyzed.

ACC 333. COST ACCOUNTING 3 hours
Prerequisites: ACC 221
Semester Offered:  Spring
The analysis of cost factors and their relationships to production, emphasizing cost procedures and information systems; standard costs and variance analysis.

ACC 336. FEDERAL TAXATION OF INDIVIDUALS 3 hours
Prerequisite: ACC 220.
Semester Offered:  Fall
A comprehensive interpretation and application of the federal income tax code as it pertains to the determination of taxable income and computation of tax liability for individuals.

ACC 337. FEDERAL TAXATION OF CORPORATIONS AND PARTNERSHIPS 3 hours
Prerequisite: ACC 336.
Semester Offered:  Spring
A comprehensive interpretation, analysis, and application of the federal income tax code as it pertains to the determination of taxable income and tax liability for corporations, partnerships, estates and trusts.

ACC 436. SELECTED TOPICS IN ACCOUNTING 3 hours
Prerequisite: ACC 331.
Semester Offered:  Fall
A study of professional presentation and disclosure requirements related to: dilutive securities, deferred compensation plans, leases, foreign currency transactions and translation, income tax allocations, and statement of cash flows; discussion of new and pending pronouncements by the Financial Accounting Standards Board.

ACC 437. ADVANCED ACCOUNTING 3 hours
Prerequisite: ACC 325.
Semester Offered:  Varies, Contact Department Head
A study of financial accounting for complex business relationships, including business combinations and consolidated financial statements. Also included is a study of governmental and non-profit accounting for state and local governments, hospitals, universities and voluntary health and welfare organizations.

ACC 438. AUDITING 3 hours
Prerequisite: ACC 325
Semester Offered:  Spring
A study of auditing theory, practices, and procedures encompassing audit objectives, standards, evidence, internal control, professional ethics, and legal responsibility. Related materials of professional importance will be used. May be taken without prerequisite class with permission of the instructor.

ACC 498. HONORS THESIS IN ACCOUNTING 3 hours
Semester Offered:  Fall and Spring
An in-depth endeavor that complements and enhances classroom learing.  It is an active participation by students and faculty in the creation, discovery, and examination of knowledge through various methods of inquiry and analysis within the various disciplines of accounting.  The project must meet Honors Program thesis requirements as well as expectations of business faculty. Open to seniors in the Honors and/or Teaching Fellows Programs only.

ACC 499. RESEARCH IN ACCOUNTING 1 to 3 credit hours
Semester Offered:  Fall and Spring
An in-depth endeavor that complements and enhances classroom learing.  It is an active participation by students and faculty in the creation, discovery, and examination of knowledge through various methods of inquiry and analysis within the various disciplines of business.  It represents a study or investigation conducted by an undergraduate  that makes an intellectual contribution  to business.  Junior or senior standing only.  May be repeated for credit for a maximum of six credit hours.

 

Accounting Links:

• North Carolina State Board of CPAs
• American Institute of CPAs
• Financial Information on Companies from the Securities and Exchange Commission

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Programs of Study

• Bachelor of Science in accounting
• Bachelor of Science in business administration
• Bachelor of Arts in Economics
• Minors