a b c d e f g h i j k l m n o p q r s t u v w x y z #

Accounting

Accounting

Contact
Theodora Williams, M.S.I.S.
Madame Cadillac Building‚ Room 205
Direct: (313) 927-1572
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

PROGRAMS OFFERED
Bachelor of Science, Accounting Information Systems (B.S.)
Marygrove offers an accounting concentration
within the following programs:
Bachelor of Arts, Business Major (B.A.)
Bachelor of Business Administration (B.B.A.)
Business Minor
Associate of Arts (A.A.)
Post-degree Certificate

FACULTY
James Boron, M.A., M.S.A.
Judith Gold, Ph.D.

Accounting Overview

POTENTIAL CAREERS

Auditor • Banker • Certified Public Accountant • Credit Analyst • Controller • Financial Planner • Governmental Accountant • International Accountant • Tax Accountant • Treasurer

The digital information age has created a tremendous demand for financial information and for people who want to be a part of supplying and interpreting that information. A concentration in accounting can prepare you for a variety of stimulating opportunities in today’s financial world. You could, for example, choose a career as an auditor, banker, financial planner, credit analyst, treasurer, controller, tax accountant, governmental accountant or certified public accountant. Demand for international accountants has been increasing rapidly. Your background in a foreign language (see Interdisciplinary Studies: Language and Business) would prepare you for an exciting career in international finance. Your selection of a degree program, of course, should coincide with your career goals.

GENERAL INFORMATION

The Department of Business offers a sequence of accounting courses, which may be used to qualify you for three possible career interests.

One option is a concentration of five courses (17 credit hours) within your business major as part of your Bachelor of Arts degree. This degree pattern will provide you with a general management accounting program, and it will prepare you for a career in private industry or government. (See Business Department section.)

Another option is a more complete sequence of accounting courses (approximately nine courses) as part of the Bachelor of Business Administration degree. This sequence and the B.B.A. degree will give you the course requirements for certification by the State Board of Accountancy. It will also qualify you to take the examination to become a certified public accountant (C.P.A.). (See Business Department section.)

The final option is the Bachelor of Science in Accounting Information Systems. This program will give you a background that emphasizes both accounting and computer information systems. The requirements for this degree are listed in this section.

SPECIAL ELEMENTS OF THE PROGRAM

Program Scheduling

You may complete this program as a day or evening student.  .

Transfer Students

The Business Department generally accepts transfer credits from accredited institutions of higher education. Business majors, however, must earn a minimum of 15 credit hours in business or accounting at Marygrove. The head of the Business Department will determine other required courses. Refer to the Marygrove website for updated transfer guides for course equivalencies.

Advanced Placement and College Level Examination Program (AP/CLEP)

Students completing Advanced Placement Examinations (AP) with grades three or higher will be granted credit

Credits awarded for successful achievement on the General and Subject Examinations of the College Level Examination Program (CLEP) may be applied toward an undergraduate degree.

Academic Performance

Only courses with a grade of C- or better can be applied to fulfill the business core, the area of concentration, and the related discipline requirements of a major in business and/or the Bachelor of Business Administration (B.B.A.) degree. Only courses with a grade of C- or better may fulfill requirements of a minor in business.

Writing Intensive Course

Successful completion of BUS 308, Business and Professional Writing, and ENG 312, Advanced Written and Oral Communication, is required to fulfill the writing intensive requirement for this program.

Senior Seminar Requirement

All Marygrove students are required to take the senior seminar, a capstone experience to demonstrate competency in the major field of study.  BUS 496, Senior Research Seminar, which is offered in both Terms 1 and 2, is the senior year experience for Business and Accounting students.

Internship/Cooperative Education

Internship or Cooperative education is the integration of classroom work with practical paid or unpaid employment experience in an organized program.  This program allows you to earn college credits while you are employed. Permission of the department head is required to elect an internship or cooperative education field experience. No more than 12 credit hours may be earned from cooperative education toward your degree.

Awards

The Business Department presents an award to the outstanding senior with a business major.

 

Gainful Employment

Gainful Employment information:  
Program length: 23 credit hours
   
Program costs:  
Tution 15,870
Fees 320
Books 1,150
   
Related Occupations: O*NET Codes
Accountants and Auditors 13-2011
Budget Analysts 13-2031
Credit Analysts 13-2041
Financial Examiners 13-2061
Tax Examiners and Collectors, and Revenue Agents 13-2081

Disclosures – For all schools, if the number of students who completed a GE Program during the award year was less than ten (10), for privacy reasons, the school should not disclose to the public:

  • Median debt amounts (Title IV debt, private educational loan debt, and debt from institutional financing)
  • On-time completion rate

Bachelor of Science in Accounting Information Systems (B.S.)

A. General Education Requirements

B. Required Business Courses

BUS 173    Introduction to Business
BUS 266    Principles of Organization and Management
BUS 302    Principles of Marketing
BUS 304    Business Law I
BUS 307    Finance
BUS 308    Business and Professional Writing
BUS 382    Business and Professional Ethics
BUS 496A Senior Seminar: Current Issues

                       -OR-

BUS 496B Senior Seminar: Diversity in Management

C. Required Accounting Courses

ACC 224    Principles of Accounting I
ACC 234    Principles of Accounting II
ACC 324    Intermediate Accounting I
ACC 334    Managerial Accounting
ACC 444    Accounting Information Systems

D. Required Computer Information Courses

CIS 205      Introduction to Computer Information Systems
CIS 251      Introduction to Visual Basic
CIS 300      Principles of Information Systems Management
CIS 375      Database Management Systems
CIS 388      Cooperative Field Experience
CIS 476      Information Systems I: System Development

E. Math Requirement

MTH 105 Intermediate Algebra

F. Related Discipline Requirements

ECN 200   Introductory Macroeconomics
ECN 203   Introductory Microeconomics
ECN 305   Introductory Statistics for the Behavioral Sciences

G. Suggested Electives

ACC 344        Intermediate Accounting II
ACC 451        Auditing
CIS 210          Software Applications
CIS 412          Telecommunications/Networking
ECN 310         Money and Banking

ACC 385     Business Applications Using Excel

Post-Degree Certificate in Accounting

The following courses are required for the Certificate of Completion in Accounting:
BUS 173     Introduction to Business
ACC 224     Principles of Accounting I
ACC 234     Principles of Accounting II
ACC 324     Financial Accounting I
ACC 334     Cost Accounting
ACC 344     Financial Accounting II

Eighteen of the hours must be taken at Marygrove Col­lege. Persons with special skills or needs may establish an individualized program upon consultation with and approval of the business department head.

 

Accounting Course Descriptions

ACC 224  Principles of Accounting I 4 hours
Prerequisite: BUS 173; Term: 1

Study of the fundamental principles applicable to the accounting cycle-income determination, the use of working papers and financial reporting. Primary emphasis on journals, journal entries and financial statements of sole proprietorship.

ACC 234  Principles of Accounting II 4 hours
Prerequisite: ACC 224; Term: 2

Continuation of theory and principles-applications to investments, branch accounting, partnerships and corporations, and fundamental cost accounting.

ACC 324  Intermediate Accounting I 4 hours
Prerequisite: ACC 234; Term: 1

Study of problems involved in the definition and measurement of assets, liabilities and stockholder’s equity. Emphasis on income determination.

ACC 334  Managerial Accounting 4 hours
Prerequisite: ACC 234; Term: 1

Examination of the classification, accumulation, distribution and control of manufacturing and service costs; job order and process systems. Emphasis on cost analysis and data reports as management tools.

ACC 344  Intermediate Accounting II 4 hours
Prerequisite: ACC 324; Term: 2

Continuation of the study of accounting principles and procedures with emphasis on liabilities, corporate capital and income determination. Preparation and use of special statements in the accounting process.

ACC 354  Federal Income Tax Accounting 4 hours
Prerequisites: ACC 234, BUS 304, junior standing or permission of instructor; Term: 2

Basic application of the Internal Revenue Code to personal and business income.

ACC 385  Business Applications Using Excel 3 hours
Prerequisites:  CIS 210, bus 173, or permission of instructor; May be offered in alternate years

Explores advanced techniques in Business and Accounting applications using Excel software. Students are exposed to practical examples suitable for professional purposes and personal use. Uses an exercise-oriented approach that allows learning by doing. Cross-listed with BUS 385 and CIS 385. Course will be offered pending approval by the Curriculum Review Committee.

ACC 413  Intermediate Accounting III 3 hours
Prerequisite: ACC 344; Term: 3

A consideration of partnerships, consolidations; purchase and pooling accounting; fund accounting and accounting for multinational enterprises.

ACC 444  Accounting Information Systems 3 hours
Prerequisite: Permission of instructor

The study of accounting systems and controls; review of internal controls as required by the second auditing standard for field work. Application of statements on auditing standards related to accounting systems and controls.

ACC  451       Auditing 3 hours
Prerequisite: ACC 224

The course will provide the student with the basics of computer applications of popular accounting software. Course content will include an emphasis on the relationship among components of an accounting system and the use of computer  technology in the maintenance and reporting of accounting information. Approved by the Michigan State Board of Accountancy.

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