Having a grasp of accounting — the “language of business” — can benefit your career and your life as well.
A business degree matched with an accounting minor from William Woods University can give you the added skills to excel in your workplace. General understanding of how finances work can help you as a business owner, equestrian practice owner, analyst, marketer, lawyer or paralegal, and simply as a tax-paying citizen.
Learn technical skills for producing financial statements according to accounting industry standards; computer skills in Excel, Word, Access, and Quickbooks; and General Business knowledge in economics, finance, ethics, law, and math. Coursework includes Principles of Accounting I and II, and a range of accounting elective topics to choose from.
Courses you may take:
Curriculum
Minor Requirements
Core Credits: 6.00
| An introduction to the principles underlying accounting information. The course will focus on the role that accounting information plays in planning, evaluating, and recording operating activities of businesses. An introduction to financial statements is also included. In this course students will summarize financial data and construct basic financial statements using various software tools such as Excel and QuickBooks. credits: | Principles of Accounting I | 3 |
| This course extends the concepts of ACC 240 Methods for evaluating management decisions will be included through the study of financial statement analysis. Students will be able to interpret the financial position of a company based on their organization of the financial data that is compiles using various software tools such as Excel and QuickBooks. credits: | Principles of Accounting II | 3 |
Required Upper-Level ACC electives - 12 Credits
credits: | Independent Study | 3 |
| This course is a study of the nature, content, and interpretation of corporate financial statements. Students will learn to use accounting concepts and principles to solve non-routine financial issues. credits: | Intermediate Accounting I | 3 |
| Students will compare the history, law and structure of the Internal Revenue Code and learn about payroll and income taxes affecting individuals and families. Preparation of accurate federal payroll forms and income tax returns will be required citing appropriate tax authorities for controversial issues that arise. credits: | Taxation I | 3 |
| The characteristics and accounting requirements of non-current corporate items, including investments, plant and equipment, intangible assets, and long-term indebtedness; further analysis of corporate capital with special attention to paid-in capital and retained earnings. Students will use accounting principles and concepts to solve non-routine financial issues. Prerequisite: ACC 312 credits: | Intermediate Accounting II | 3 |
| An examination of basic cost accounting concepts including job order costing, process costing, and standard costing. Emphasis is placed upon the managerial implications of decisions as they relate to cost analysis, planning, budgeting, and control. Students will be asked to formulate financial ramifications of various options available to managers when investigating solutions. Prerequisite: ACC 241 credits: | Cost and Managerial Accounting | 3 |
| Students will compare the history, law and structure of the Internal Revenue Code and learn about payroll and income taxes affecting entrepreneurs and business owners. Preparation of accurate federal payroll forms and income tax returns will be required citing appropriate tax authorities for controversial issues that arise. Prerequisite: ACC 319 credits: | Taxation II | 3 |
credits: | Advanced Projects | 3 |
| Internships provide students with the opportunity for hands-on application of the theories and applications they have learned in the classroom. For each credit hour obtained in the internship, the student is required to work 40 hours in an approved organization. A 2 credit hour internship = 80 hours, 3 credit hours = 120 hours, etc. Prerequisite: Approval of the division chair and 2.5 or higher GPA in the major credits: | ACC Internship III | 3 |
| Internships provide students with the opportunity for hands-on application of the theories and applications they have learned in the classroom. For each credit hour obtained in the internship, the student is required to work 40 hours in an approved organization. A 2 credit hour internship = 80 hours, 3 credit hours = 120 hours, etc. Prerequisite: Approval of the division chair and 2.5 or higher GPA in the major credits: | ACC Internship VI | 6 |
| This course will require students to apply analytical skills to compare investment opportunities by analyzing financial statements to determine the financial health of a company. Prerequisite: ACC240 and MAT114 credits: | Investments with Financial Statement Analysis | 3 |
| This capstone course is a study of basic auditing standards and procedures including the code of ethics, the various forms of the audit report, methods of data verification, and preparation of audit working papers. Students will also be able to critique past auditing involvement with businesses that were bankrupt or accused of fraud shortly after the audit. Prerequisites: MAT 114 and 9 hours of accounting. credits: | Auditing | 3 |
| Student will learn advanced skills involving the applications of spreadsheets, databases and word processors. Students will be exposed to PivotTables, Vlookup, Match & Index functions, Goal Seeker and Solver, PMT function, data tables, SQL queries, Macros, Sorting, forms, linked objects and more. credits: | Advanced Productivity Tools | 3 |