{"id":9898,"date":"2014-12-08T13:58:29","date_gmt":"2014-12-08T19:58:29","guid":{"rendered":"https:\/\/web.saumag.edu\/academics\/?post_type=program&#038;p=9898"},"modified":"2025-08-26T15:51:49","modified_gmt":"2025-08-26T20:51:49","slug":"accounting","status":"publish","type":"program","link":"https:\/\/web.saumag.edu\/academics\/program\/accounting\/","title":{"rendered":"Accounting"},"content":{"rendered":"<p>Accounting degrees open a world of possibilities in the job market. Every business, large or small, needs\u00a0accountants to summarize the company\u2019s operations and to communicate it to decision makers. The <a href=\"https:\/\/www.bls.gov\/ooh\/Business-and-Financial\/Accountants-and-auditors.htm#tab-6\" target=\"_blank\" rel=\"noopener noreferrer\">Bureau of Labor Statistics<\/a> predicts this field will continue to grow at a faster rate than other fields.\u00a0 Accounting degrees also open up access to management and the directing of operations for a business.<\/p>\n<h3>Topics Covered<\/h3>\n<p>In the first two years, students take a broad range of\u00a0classes both in the Rankin College of Business and across campus. Upper-level courses focus on developing accounting knowledge and skills.<\/p>\n<ul>\n<li>Classes include areas related to: Financial, Managerial, Auditing, Tax, Fraud, and others.<\/li>\n<li>Accounting students are encouraged to have an <a href=\"https:\/\/web.saumag.edu\/business\/rcb-internship-program\/\">internship<\/a>.<\/li>\n<li>Students\u00a0are assigned a member of the accounting faculty as an advisor to help with class scheduling, professional mentoring, and career placement.<\/li>\n<\/ul>\n<h3>Careers<\/h3>\n<p>Accounting career opportunities are available in the fields of public, private, or governmental\/non-profit accounting.<\/p>\n<h4>Public<\/h4>\n<p>Public accounting involves accountants who work with a variety of clients (individuals and companies) providing them with audit, tax, fraud, and consulting services. Career paths in this field involve titles as partner and staff accountant.\u00a0 Visit the AICPA website for more career path information.\u00a0\u00a0 \u00a0<a href=\"http:\/\/www.aicpa.org\/CAREER\/CAREERPATHS\/PUBLICACCOUNTING\/Pages\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Career path information<\/a>.<\/p>\n<p>The Certified Public Accountant (CPA) licensure is not required for employment as an accountant but may be an expectation in many firms offering accounting services to the public. The Rankin College of Business offers curriculum that meets the educational requirements for CPA licensure in Arkansas. <a href=\"https:\/\/web.saumag.edu\/academics\/professional-license-disclosure\/\">Find out more about the requirements.<\/a><\/p>\n<h4>Private<\/h4>\n<p>Private accounting involves accountants who work for a single business capturing and communicating information for top management\u00a0decision making. Career paths in this field involve titles as chief financial officer, cost accountant, internal auditor, and financial analyst.\u00a0 Visit the <a href=\"http:\/\/www.accounting.com\/careers\/financial-accounting\/\" target=\"_blank\" rel=\"noopener noreferrer\">Accounting.com<\/a> website for more<a href=\"http:\/\/www.accounting.com\/careers\/management-accounting\/\" target=\"_blank\" rel=\"noopener noreferrer\"> career path information<\/a>.<\/p>\n<h4>Government and Non-profit<\/h4>\n<p>Governmental and non-profit accounting involves accountants who work for the public interest in a local, state, or federal government agency or business capturing and communicating information for decision-making and society analysis. Career paths in this field involve titles as comptroller, internal auditor, and accounting manager.\u00a0 Visit the <a href=\"http:\/\/www.accounting.com\/careers\/government-accounting\/\" target=\"_blank\" rel=\"noopener noreferrer\">Accounting.com website<\/a> for more career path information.<\/p>\n<ul>\n<li>For more information on career opportunities and salary information check out the <a href=\"https:\/\/www.bls.gov\/ooh\/Business-and-Financial\/Accountants-and-auditors.htm#tab-1\" target=\"_blank\" rel=\"noopener noreferrer\">Bureau of Labor Statistics<\/a>.<\/li>\n<\/ul>\n<h3>Student Engagement<\/h3>\n<ul>\n<li>Opportunities to compete in state and national events with FBLA\/PBL. Students routinely earn top placements in competitions.<\/li>\n<li>Students can participate in the, Accounting Society, for opportunities to meet other students, network with accounting professionals, and learn outside the classroom.<\/li>\n<li>Students are invited to attend the ASCPA Student Career Fair and CPA Chapter meetings.<\/li>\n<li>Field trips to places as the FBI Headquarters in Little Rock, manufacturing plants, and accounting firms.<\/li>\n<\/ul>\n<h3>Faculty Expertise<\/h3>\n<ul>\n<li>Our experienced accounting faculty are all CPAs, having a wealth of private and public experience.<\/li>\n<li>Our faculty have owned their own small accounting practices and worked for corporations including: Deltic Timber Corporation, KPMG, Murphy Oil Corporation, and International Paper Company.<\/li>\n<li>Our faculty are strong scholars, researching and publishing topics as fraud, auditing, accounting information systems, and accounting education.<\/li>\n<li>Our faculty are professionally involved with our state society of CPAs and local CPAs.<\/li>\n<\/ul>\n<div id=\"learning-goals\" class=\"alert alert-info\">\n<h3>Learning Goals<\/h3>\n<ol>\n<li>Graduates from the College of Business can communicate effectively.<\/li>\n<li>Our graduates are prepared to be socially responsible citizens.<\/li>\n<li>Our graduates can think critically, solve problems, and make informed decisions.<\/li>\n<li>Our graduates can use technology effectively in their fields.<\/li>\n<li>Our graduates have content knowledge in their chosen fields and the necessary skills to be successful.<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Accounting degrees open a world of possibilities in the job market. Every business, large or small, needs\u00a0accountants to summarize the company\u2019s operations and to communicate it to decision makers. The Bureau of Labor Statistics predicts this field will continue to grow at a faster rate than other fields.\u00a0 Accounting degrees also open up access to&#8230; <a class=\"more-link\" href=\"https:\/\/web.saumag.edu\/academics\/program\/accounting\/\"> Read More<\/a><\/p>\n","protected":false},"featured_media":16357,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":"","_genesis_title":"","_genesis_description":"","_genesis_noindex":"","_genesis_nofollow":"","_genesis_noarchive":"","_genesis_canonical_uri":"","_open_graph_title":"","_open_graph_description":"","_twitter_title":"","_twitter_description":"","_social_image_url":"","_social_image_id":"","redirect":"","_links_to":"","_links_to_target":""},"college_department":[18308,71766],"delivery":[255],"types":[28854,28853,28850],"class_list":{"0":"post-9898","1":"program","2":"type-program","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"college_department-accounting-finance-and-economics","8":"college_department-college-of-business","9":"delivery-on-campus","10":"types-major","11":"types-minor","12":"types-undergraduate","13":"entry"},"acf":{"department_college":"Accounting, Finance and Economics | Rankin College of Business","Number_of_Hours":"120","Catalog Entry":"<h4>University Requirement (2 hours)<\/h4>\r\nGSTD 1002 - Freshman Seminar\r\n<h4>General Education (35 hours)<\/h4>\r\n<strong>Note<\/strong>: ECON 2103 - Principles of Microeconomics is required.\r\n<h4>Business Core (54 hours)<\/h4>\r\nACCT 2113 - Survey of Accounting\r\nACCT 2003 - Principles of Accounting\r\nFIN 2003 - Personal Finance\r\nECON 2203 - Principles of Macroeconomics\r\nGBUS 2003 - Legal Environment of Business\r\nGBUS 2013 - Statistics and Analytics I\r\nIS 2053 - Business Information Systems\r\nMGMT 2003 - Business Communications\r\n<strong>Admission to the College of Business is required to enroll in the following courses:<\/strong>\r\n\r\nFIN 3003 - Financial Management\r\nGBUS 3183 - Statistics and Analytics II\r\nIS 3023 - Introduction to Data Visualization\r\nIS 3053 - Managing Information Systems\r\nMGMT 3023 - Organizational Theory and Behavior\r\nMGMT 3073 - Professional Communication Strategies\r\nMGMT 4063 - Operations and Supply Chain Management\r\nMGMT 4093 - Management Strategy and Policy\r\nMKTG 3033 - Principles of Marketing\r\n<h4>Select 3 hours from the following:<\/h4>\r\nMGMT 4043 - International Business\r\nMGMT 4313 - International Studies and Field Experience\r\nMGMT 4101 - International Studies and Field Experience and MGMT 4102 - International Studies and Field Experience\r\n<h4>Accounting Curriculum (27 hours)<\/h4>\r\nACCT 3003 - Intermediate Accounting I\r\nACCT 3013 - Managerial Accounting\r\nACCT 3023 - Individual Income Tax\r\nACCT 3063 - Accounting Information Systems\r\nACCT 3103 - Intermediate Accounting II\r\nACCT 4003 - Auditing\r\n<h4>Select 9 hours from the following:<\/h4>\r\nACCT 3101 - VITA Experience\r\nACCT 3133 - Fraud Examination and Prevention\r\nACCT 3983 - Business Internship in Accounting\r\nACCT 4013 - Accounting Data Analytics\r\nACCT 4033 - Oil and Gas Accounting\r\nACCT 4043 - Advanced Financial Accounting I\r\nACCT 4053 - Advanced Financial Accounting II\r\nACCT 4063 - Governmental and Nonprofit Accounting\r\nACCT 4123 - Advanced Taxation\r\n<h4>Electives (2 hours)<\/h4>\r\n2 hours of unrestricted electives\r\n<h4>Total Hours - 120<\/h4>\r\n<h4>Professional Examination Requirements:<\/h4>\r\nStudents planning to take a professional examination, such as the Certified Public Accountant (CPA) exam or Certified Management Accountant (CMA) exam, may need to complete additional courses to meet state eligibility requirements.\r\n\r\nStudents preparing to take the CPA examination in Arkansas should follow the 120-hour curriculum and complete an additional 30 hours of electives to satisfy the state\u2019s 150-hour academic eligibility requirement. Within the 150 hours, the student must include 30 hours of upper-level accounting courses with grades of C or better in each course. Students may choose from a variety of options to meet the 150-hour educational requirement. For example, a student may (1) complete an additional minor area of emphasis in business; (2) complete a minor in a non-business field, such as English or political science; or (3) complete an individualized supplementary plan of study developed with the faculty advisor. Students preparing to take the CPA examination should consult with their faculty advisor about other requirements that may relate to selected electives.","minor_requirements":"<h4>Accounting Minor (15 hours)<\/h4>\r\nACCT 3003 - Intermediate Accounting I\r\n12 hours of upper-level Accounting electives\r\n<h4>Total Hours - 15<\/h4>","Degree Plans":"<a href=\"https:\/\/web.saumag.edu\/business\/files\/2021\/10\/Acct-Degree-Plan-2021-2022-update.xlsx\">Rankin College of Business Formatted Degree Plan<\/a>\r\n<ul>\r\n \t<li><a href=\"https:\/\/catalog.saumag.edu\/preview_program.php?catoid=8&amp;poid=1589&amp;returnto=288\">2025-2026<\/a><\/li>\r\n \t<li><a href=\"https:\/\/catalog.saumag.edu\/preview_program.php?catoid=6&amp;poid=1029\">2024-2025<\/a><\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2023\/11\/Accounting.pdf\">2023-2024<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2014\/12\/Accounting.pdf\">2022-2023<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2021\/08\/accounting-21.pdf\">2021-2022<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2020\/06\/Accounting.pdf\">2020-2021<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2014\/12\/accounting-19-20.pdf\">2019-2020<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2014\/12\/accounting.pdf\">2018-2019<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2014\/12\/accounting-17-18.pdf\">2017-2018<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2014\/12\/accounting-16-17.pdf\">2016-2017<\/a>\u00a0[pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2014\/12\/Accounting-2015-2016.pdf\">2015-2016<\/a>\u00a0[pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2009\/12\/Accounting-Major-14-15.pdf\">2014-2015<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2009\/12\/Accounting-Major-B.B.A.pdf\">2013-2014<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2009\/12\/Accounting12.pdf\">2012-2013<\/a> [pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2009\/12\/Accounting.pdf\">2011-12 [pdf]<\/a><\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2009\/12\/Accounting-Major.pdf\">2010-11 <\/a>[pdf]<\/li>\r\n \t<li><a href=\"https:\/\/web.saumag.edu\/academics\/files\/2009\/12\/Accounting-Major1.pdf\">2009-10 <\/a>[pdf]<\/li>\r\n<\/ul>","Program_Contact_Info":"","Advisors":"","Accreditations":"<a title=\"Link to AACSB accreditation information\" href=\"http:\/\/www.bestbizschools.com\/AACSB-Accredited\/default.asp\" target=\"_blank\" rel=\"noopener noreferrer\"><img class=\"aligncenter\" src=\"https:\/\/web.saumag.edu\/business\/files\/2009\/10\/aacsb.png\" alt=\"\" width=\"273\" height=\"92\" \/><\/a>AACSB International business and accounting accreditation represents the highest standard of achievement for business schools worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review process.","Admission Requirements or Deadlines":"","Testimonials":"","rankings":"","careers":"","keywords":"actuary, auditor, budget analyst, cost, estimator, financial, examiner, manager, management, agent, insurance, underwriter, loan, officer, advisor, real estate, appraiser, broker, sales\r\n","custom_tab_title":"","custom_tab_text":""},"_links":{"self":[{"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/programs\/9898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/programs"}],"about":[{"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/types\/program"}],"version-history":[{"count":2,"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/programs\/9898\/revisions"}],"predecessor-version":[{"id":17248,"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/programs\/9898\/revisions\/17248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/media\/16357"}],"wp:attachment":[{"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/media?parent=9898"}],"wp:term":[{"taxonomy":"college_department","embeddable":true,"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/college_department?post=9898"},{"taxonomy":"delivery","embeddable":true,"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/delivery?post=9898"},{"taxonomy":"types","embeddable":true,"href":"https:\/\/web.saumag.edu\/academics\/wp-json\/wp\/v2\/types?post=9898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}