Academic Programs / Business & Management
Accounting
Eric G. Press, Chairman
Office: Alter Hall 448
215-204-8127
eric.press@temple.edu
www.fox.temple.edu/dept/accounting/
The program provides students with a broad general education and intensive study within the major as preparation for professional careers in public accounting, industry, consulting, government, and not-for-profit institutions.
The curriculum in accounting is designed to acquaint students with the conceptual framework and theory of accounting, transactional analysis, asset management, liabilities, owners' equity, and financial reporting. Cost analysis and control, accounting information systems, taxation, consolidated financial statements, and foreign operations also are covered, along with auditing techniques and an understanding of the ethical and performance standards of the profession.
Accounting majors are encouraged to join a professional student organization: Beta Alpha Psi (BAP--National Honorary Fraternity),
the Institute for Management Accountants - Temple Chapter (IMA-T), the National Association of Black Accountants (NABA), or Ascend.
Students
seeking the CPA designation after graduation:
Effective January 1, 2012 the education and experience required to become a licensed CPA in Pennsylvania changed. All candidates seeking the CPA designation after January 1, 2012 must complete 150 hours of college education (undergraduate or graduate courses, or a combination of both), including 36 hours in accounting and auditing, business law, finance or tax subjects acceptable to the Pennsylvania State Board of Accountancy. With this change, Pennsylvania conforms to the national education standard of 150 credit hours and one year of public accounting experience—in addition to the successful completion of the CPA Exam—before the granting of a CPA license.
For additional information regarding the PA CPA exam, please visit the following websites:
www.sbm.temple.edu/dept/accounting/cpa_exam.html
www.picpa.org/Content/40441.aspx
Master of Accountancy Program (MAcc) — new cycles begin each fall semester
Students can meet the new Pennsylvania requirements by completing a Bachelor's degree (e.g. the current accounting major in the Fox School's BBA) and the Fox School of Business Master of Accountancy degree (MAcc). Students enrolled in the Fox School's undergraduate accounting program will be eligible to apply for the MAcc after completing 90 semester-hour credits (that is, they can apply for admission to the MAcc at the completion of their junior year). Students can also meet the new requirements by completing 150 undergraduate credit hours.
For more information about the MAcc, please visit: www.fox.temple.edu/cms_academics/specialized-masters-program/concentrations/master-of-accountancy/
Summary of Requirements
University Requirements
All new students starting in academic year 2012-2013 and beyond are required to complete the university's General Education (GenEd) curriculum.
Note that students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University requirements current at the time of re-enrollment.
College Requirements
Students must meet College Graduation Requirements including the requirements of the major listed below. Accounting students must attain a 2.0 GPA in the major and a 2.0 cumulative GPA in order to graduate. Use the major GPA calculator at http://sbm.temple.edu/advising/ to calculate the GPA in the major.
Major Requirements for new students
Students must follow the Major Requirements and College Requirements current at the time of declaration. Students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University, College, and Major requirements current at the time of re-enrollment.
Suggested Sequence for new students
Requirements of Accounting Major
Subject |
Course # |
Course Title |
Hours |
Attribute |
Accounting |
2521^ |
Cost Accounting |
3 |
|
Accounting |
3511 |
Intermediate Accounting I |
3 |
|
Accounting |
3512 |
Intermediate Accounting II |
3 |
|
Accounting |
3526 |
Accounting Information Systems |
3 |
|
Accounting |
3531 |
Federal Taxes on Income |
3 |
|
Accounting |
3533 |
Advanced Accounting |
3 |
|
Accounting |
3596 |
Auditing |
3 |
WI |
Accounting |
4501^^
or 4502^^ |
Accounting Senior Seminar
or
Senior Seminar - Management Accounting |
3 |
|
Subtotal |
|
|
24 |
|
|
|
|
|
|
^ Accounting 2521 (Cost Accounting)
replaces Accounting 2102 in the lower division foundation and must be taken prior to all other courses in the major. This course is not calculated in the major GPA. |
^^ One of the two major capstone courses is taken in the final semester and all prerequisites must be met. |
NOTE: All accounting majors are waived from the college requirement of
International Business Administration 3101 unless they add a second major or a minor. Please see an academic advisor to review this waiver further. |
Accounting majors should consider taking Legal Studies 3507, Business Law for Accountants, as an elective to meet the course subject requirements for the CPA exam. |
Suggested Sequence of Accounting Major
Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.
Semester I - Fall |
Subject |
Course # |
Course Title |
Hours |
Attribute |
Statistics |
1001 |
Pre-Calculus for Business |
3 |
|
Economics |
1101 |
Macroeconomic Principles |
3 |
|
HRM |
1101 |
Leadership & Organizational |
3 |
|
English |
0802, 0812 or 0902 |
Management Analytical Reading & Writing |
4 |
GW |
GenEd |
08xx or 09xx |
GenEd Breadth Course |
3 |
|
Subtotal |
|
|
16 |
|
|
Semester II - Spring |
Subject |
Course # |
Course Title |
Hours |
Attribute |
Statistics |
1102 |
Calculus for Business |
3 |
|
Economics |
1102 |
Microeconomic Principles |
3 |
|
Legal Studies |
1101 |
Legal Environment of Business |
3 |
|
IH |
0851 or 0951 |
Mosaic: Humanities Seminar I |
3 |
GY |
GenEd |
08xx or 09xx |
GenEd Breadth Course |
3 |
|
Subtotal |
|
|
15 |
|
|
Semester III - Fall |
Subject |
Course # |
Course Title |
Hours |
Attribute |
Statistics |
2103 |
Business Statistics
{waives GenEd GQ requirement} |
4 |
|
Accounting |
2101 |
Financial Accounting |
3 |
|
MIS |
2101 |
Information Systems in Organizations |
3 |
|
IH |
0852 or 0952 |
Mosaic: Humanities Seminar II |
3 |
GZ |
GenEd |
08xx or 09xx |
GenEd Breadth Course |
3 |
|
Subtotal |
|
|
16 |
|
|
Semester IV - Spring |
Subject |
Course # |
Course Title |
Hours |
Attribute |
Accounting |
2521 |
Cost Accounting |
3 |
|
BA |
2101 |
Professional Development Strategies |
1 |
|
BA |
2196 |
Business Communications |
3 |
WI |
Marketing |
2101 |
Marketing Management |
3 |
|
RMI |
2101 |
Introduction to Risk Management |
3 |
|
GenEd |
08xx or 09xx |
GenEd Breadth Course |
3 |
|
Subtotal |
|
|
16 |
|
|
Semester V - Fall |
Subject |
Course # |
Course Title |
Hours |
Attribute |
Finance |
3101 |
Financial Management |
3 |
|
MSOM |
3101 |
Operations Management |
3 |
|
BA |
3102 |
Business Society & Ethics |
3 |
|
Accounting |
3511 |
Intermediate Accounting I |
3 |
|
Accounting |
3526 |
Accounting Information Systems |
3 |
|
Subtotal |
|
|
15 |
|
|
Semester VI - Spring |
Subject |
Course # |
Course Title |
Hours |
Attribute |
BA |
3103 |
Integrative Business Applications |
3 |
|
Accounting |
3512 |
Intermediate Accounting II |
3 |
|
Free Elective |
|
|
3 |
|
GenEd |
08xx or 09xx |
GenEd Breadth Course |
3 |
|
GenEd |
08xx or 09xx |
GenEd Breadth Course |
3 |
|
Subtotal |
|
|
15 |
|
|
Semester VII - Fall |
Subject |
Course # |
Course Title |
Hours |
Attribute |
BA |
4101 |
Global Business Policies |
3 |
|
Accounting |
3531 |
Federal Taxes on Income |
3 |
|
Accounting |
3596 |
Auditing |
3 |
WI |
Free Elective |
|
|
4 |
|
GenEd |
08xx or 09xx |
GenEd Breadth Course |
3 |
|
Subtotal |
|
|
16 |
|
|
Semester VIII - Spring |
Subject |
Course # |
Course Title |
Hours |
Attribute |
Accounting |
4501
or
4502 |
Accounting Senior Seminar
or
Senior Seminar - Management Accounting |
3 |
|
Accounting |
3533 |
Advanced Accounting |
3 |
|
Free Elective |
|
|
3 |
|
Free Elective |
|
|
3 |
|
Free Elective |
|
|
3 |
|
Subtotal |
|
|
15 |
|
|
Total credits for the B.B.A. in Accounting: |
124 |
|
Online BBA Program
The Accounting major is available as an online BBA degree completion program designed for new students ready to start their junior year in a business curriculum. Please visit the Online BBA web site for program and admission information.
Accelerated 3 Year BBA
Motivated students can accelerate their BBA program to finish in 3 years. Please see the suggested sequence.
Minor
Students in any college who wish to understand basic business foundations, financial statements, and the accountant's role in the management of a company can pursue a minor in accounting. Courses cannot be used to meet minor requirements if already used to meet the requirements for a major or a different minor.
Requirements for the minor must be completed prior to graduation.
|