Begin Date: Spring Semester 1995
End Date: Fall Semester 1998
PROFESSOR CHARLES H. SMITH, Chair of the Department of Accounting
This major helps prepare students for careers in public, industrial, or governmental accounting and also provides an appropriate background for those planning to enter law school or graduate school. Public accounting is carried on by independent practitioners, most of whom are certified public accountants. In addition to independent audits, CPAs render accounting, tax, and management advisory services. The credit requirements to sit for the CPA examination in Pennsylvania and many other states are automatically met by completing the prescribed curriculum. However, there are exceptions, including New Jersey, New York, Ohio, and Texas. For more detailed information, see brochures in the department office.
The industrial accountant, as an executive in a business firm, is in charge of designing and supervising the financial and managerial accounting system, including the preparation and analysis of reports. Many are now taking the Certified Management Accountant (CMA) exam. It is a two-day exam covering economics, finance, management, decision analysis, information systems, and accounting. Governmental accountants occupy positions in federal, state, and local government and perform services similar to those of public or industrial accountants.
For the B.S. degree in Accounting, a minimum of 128 credits is required.
Scheduling Recommendation by Semester Standing given like (Sem:1-2)
GENERAL EDUCATION: 46 credits
(12 of these 46 credits are included in the REQUIREMENTS FOR THE MAJOR)
(See description of General Education in front of Bulletin.)
ELECTIVES: 3-15 credits
REQUIREMENTS FOR THE MAJOR: 79-91 credits
(This includes 12 credits of General Education courses: 3 credits of GWS courses; 3 credits of GS courses; and 6 credits of GQ courses.)
PRESCRIBED COURSES (60 credits)
CMPSC 203 GQ(4), ECON 002 GS(3), 004 GS(3) (Sem: 1-4)
ACCTG 211(4), B A 243(4), M I S 204(2), MS&IS 200(4) (Sem: 3-4)
ACCTG 311(3), B A 301(3), 302(3), 303(3), 304(3), ENGL 202D GWS(3) (Sem: 5-6)
ACCTG 306(4), 403W(4), 404(4), 471(3), 472(3) (Sem: 5-8)
ADDITIONAL COURSES (4 credits)
MATH 110 GQ(4) or 140 GQ(4) (Sem: 1-2)
SUPPORTING COURSES AND RELATED AREAS (15-27 credits)
(Students may apply 6 credits of ROTC.)
Select 9 credits from related courses (see department list of approved courses) (Sem: 5-8) Attainment of third level proficiency in a single foreign language (0-12). Proficiency must be demonstrated by either examination or course work. See the admission section of the general information in this bulletin for the Placement Policy for Penn State foreign language courses. (Sem: 1-4)
Select 6 credits of international courses related to the foreign language areas (see departmental list of approved courses) (Sem: 5-8)
 A student enrolled in this major must receive a grade of C or better, as specified in Senate Policy 82-44.
The Pennsylvania State University ©1998
The University reserves the right to change the requirements and regulations listed here and to determine whether a student has satisfactorily met its requirements for admission or graduation, and to reject any applicant for any reason the University determines to be material to the applicant's qualifications to pursue higher education. Nothing in this material should be considered a guarantee that completion of a program and graduation from the University will result in employment.
Last Revised by the Department: Spring Semester 1995
Blue Sheet Item #: 23-01-001
Review Date: 6/3/99