Accounting (BS)

Affiliation: School of Business 

THE MAJOR

The School of Business offers a four-year program of study in accounting that emphasizes entry-level skills necessary for the practice of accounting in the private sector. Students who complete the undergraduate program are eligible to sit for the Certified Management Accountant (CMA) examination. Students who complete only the four-year Accounting program are NOT eligible to sit for the Uniform Certified Public Accountant (CPA) examination in Missouri.

In recognition of the extensive body of knowledge needed for the professional practice of public accounting, the School offers a Master of Accountancy degree program. Students completing the Master of Accountancy program meet the requirements to sit for the Uniform CPA examination in Missouri and many states that require 150 credits of college study to be eligible to take the professional examination. Students should determine the specific requirements of their state early in their program. Students are encouraged to complete both the undergraduate and graduate accounting programs at Truman. However, students may enter the undergraduate program as transfer students or enter the graduate program after receiving an undergraduate degree at Truman or another university. 

ACCREDITATION

The undergraduate and graduate programs offered by the School of Business are accredited in both Business and Accounting by AACSB International - The Association to Advance Collegiate Schools of Business.  These programs include the Bachelor of Arts and Bachelor of Science in Business Administration, Bachelor of Science in Accounting, and Master of Accountancy.  Truman is one of fewer than 200 schools worldwide holding accreditation in both Business and Accounting.

AACSB is recognized by the Council on Postsecondary Accreditation and by the Office of Postsecondary Education, U.S. Department of Education, as a specialized accrediting agency for undergraduate and graduate programs in business administration and accounting. 

SCHOOL OF BUSINESS MISSION STATEMENT

We graduate prospective leaders who are ethical, broadly educated problem-solvers, effective team players, clear writers, and articulate speakers. 

We cultivate a community of learners by emphasizing:

• A rigorous, broad academic experience;
• Effective communication skills;
• Highly selective admission of students;
• Teaching, while valuing applied and instructional scholarship and service. 

ACCOUNTING PROGRAM MISSION STATEMENT

Building on a liberal arts and sciences education, Truman accounting graduates will integrate analytical, research, communication, interpersonal and leadership skills with business and financial knowledge to be effective financial professionals and prospective leaders.

In fulfilling the Accounting program’s mission and general objectives, Truman Bachelor of Science in Accounting graduates will be able to:

• Develop, measure, evaluate, analyze, and communicate financial and other information and demonstrate a breadth of knowledge in the core business areas of finance, marketing, organizational behavior, and strategic management;
• Write clear, concise documents appropriate for the situation and the audience; 
• Deliver a well organized oral presentation, using content, language, and delivery appropriate to the audience and situation; 
• Understand and apply behaviors necessary for effective leadership; 
• Act honestly and responsibly in all dealings with others, recognize ethical dilemmas, and utilize an ethical framework when making ethical choices; and
• Work effectively in teams to achieve common goals by organizing, coordinating, and performing tasks and promoting effective communication. 

ADMISSION TO THE ACCOUNTING PROGRAM

Students wishing to major in accounting must meet the following admission requirements before enrolling in upper division business and/or accounting courses:

1. Completion of 40 credits including the following courses with a grade of C or better:

• ENG 190 - Writing as Critical Thinking
    
• COMM 170 - Public Speaking
    or the successful test out of COMM 170
• STAT 190 - Basic Statistics
    OR
  STAT 290 - Statistics
   
• MATH 192 - Essentials of Calculus
    OR
  MATH 198 - Analytic Geometry and Calculus I
   
• BSAD 157 - Information Technology
   
• ACCT 220 - Introduction to Financial Accounting
   

2. An overall cumulative GPA of 2.75
3. Submit a semester-by-semester planned class schedule that would fulfill graduation requirements.
4. Students should currently be enrolled in or have completed:

• BSAD 234 - Legal Environment of Business
   
• ECON 200 - Principles of Macroeconomics
    OR
  ECON 201 - Principles of Microeconomics
    OR
  ECON 205 - Principles of Economics
   
• ACCT 221 - Introduction to Management Accounting
   

GRADUATION REQUIREMENTS

1. An overall cumulative 2.25 GPA
2. A 2.25 GPA in major requirements
3. 40 credits of 300-400 level courses
4. Students must complete 26 semester hours of the required business courses (including 15 hours of ACCT courses) at Truman, have a 2.25 GPA in major requirements taken at Truman, and have a 2.0 GPA in all courses taken at Truman.

DEGREE REQUIREMENTS: