Sep 19, 2021  
2021-2022 General/Graduate Catalog - Expires August 2027 
    
2021-2022 General/Graduate Catalog - Expires August 2027

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

The School of Business graduates ethically-aware prospective business and civic leaders who are articulate communicators, effective team members, and skilled critical thinkers and problem solvers.

The School of Business cultivates a community of learners by emphasizing:

  • A rigorous, liberal arts and sciences educational foundation;
  • Highly selective admission of students;
  • Civic engagement;
  • Leadership development; and,
  • Experimental and applied learning activities to enhance student learning.

ACCOUNTING PROGRAM MISSION STATEMENT

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

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:

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 the following courses with a grade of C or better:

5. Pass an Excel competency test.

ACCOUNTING COMMUNICATION

Effective oral and written communication is essential for accountants.  To develop these skills in our graduates, a number of courses in the Accounting curriculum involve informal speaking and writing experiences in a variety of settings, culminating with the Accounting Capstone (ACCT 498 ).  ACCT 498 is both a writing and speaking enhanced course requiring students to research an accounting topic, write about their research, and make an oral presentation to their peers about their research.  In addition to classroom communication projects, many students also have the opportunity to develop their speaking skills through extracurricular activities.  

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: 

Dialogues Requirements: 42-61 Credits


Missouri Statute (1-4 credits)


Bachelor of Science Requirement: 6-8 Credits


  • STAT 220 - Fundamentals of Data Science  
    AND
  • Select one additional course from the list below:
    • MATH 263 Analytic Geometry and Calculus II
    • Any Computer Science (CS) course numbered 170 or higher
    • Any Economics (ECON) course numbered 300 or higher
    • Any Statistics (STAT) course numbered 300 or higher

Note:


Courses are not allowed to double count within the Bachelor of Science and Major Requirements.

MAJOR REQUIREMENTS:


The Accounting major consists of two (2) parts: Required Support and Major Requirements. Each student must complete both parts.

Electives to Total: 120 Credits