| Major in Accounting
The accounting major (22 credits) prepares students for a variety of careers. Students acquire a solid grasp of accounting concepts and practices along with a comprehensive understanding of business. Most important, the program fosters the development of critical thinking and professional skills crucial for career success. Students interested in pursuing a career in public accounting will be prepared to undertake the additional course work needed to meet the 150 hour requirement. Students interested in preparing to take the CPA exam are encouraged to take Auditing and Assurance (ACC 410) and Governmental and Nonprofit Accounting (ACC 416). Students interested in pursuing a career in industry are encouraged to select electives in Internal Auditing (ACC 315) and Cost Management Systems (ACC 405). Students are encouraged to be active in student organizations such as the School's Accounting and Finance Society. Students are also encouraged to enroll in an internship during their Junior or Senior year.
Major Requirements (15 or more credits) At least 50% of credit hours applied to the major must be taken at USM. No more than 3-credits of internship can count toward the major. Accounting Major requirements (13 credits).
Accounting Major Requirements (22 credits)
ACC 221-The Financial Accounting Cycle (one credit)
ACC 301- Financial Reporting I
ACC 302 - Financial Reporting II
ACC 329 - Accounting Information Systems
ACC 413 -Concepts and Strategies of Taxation
Select one of the following:
ACC 405 - Cost Management Systems
ACC 416 - Governmental and Nonprofit Accounting
Select one of the following:
ACC 410 - Auditing and Assurance
ACC 441 - Advanced Accounting
Accounting Electives (if not taken to satisfy one of the following requirements above):
ACC 315 -Internal Auditing
ACC 395 - Internship I in Accounting
ACC 405 - Cost Management Systems
ACC 410 - Auditing and Assurance
ACC 416 - Governmental and Nonprofit Accounting
ACC 418 - Principles of Fraud Examination
ACC 441 - Advanced Accounting
ACC 490 - Independent study in Accounting
ACC 499 - Special Topics
Students are encouraged to take the following one-credit elective early in their coursework (credit counted as general elective):
ACC 105 -Introduction to the Accounting and Finance Professions
Note: Students must earn a grade point average of 2.33 or higher in the 22 credits applied toward the major.
Note: Consult on-line catalogue for course descriptions. The above information is based on the 2009-2010 Program Catalog.
Students start careers by taking advantage of our partnerships with Portland’s vibrant business Community
Contact Information
Before selecting courses, students are strongly encouraged to consult an academic advisor or the University of Southern Maine undergraduate catalog. The catalog is online at www.usm.maine.edu/catalogs. Appointments may be made with an advisor by calling (207) 780-4020 or through the internet at sbinfo@usm.maine.edu
University of Southern Maine
School of Business
P. O. Box 9300
Portland ME 04104-9300
Location: 113 Luther Bonney Hall, Portland campus
Web: www.usm.maine.edu/sb |
