Bachelor of Science in Accounting
If you are interested in positions in public accounting, governmental and non-profit organizations, internal auditing, taxation or managerial accounting, you should major in accounting.

Accounting Curriculum
Candidates for the Bachelor of Science degree in accounting must take 57 hours in the prescribed core and at least 9 additional hours of accounting, business or other approved electives.

The core consists of the following courses: ACC 220, 221, 225, 330, 331, 333, 336; BUS 240, 260, 310, 340, 343, 348, 370, 495; ECO 100, 101; MAT 245 (or equivalent). Electives include: ACC 337, 436, 437, 438; and BUS 472.

Accounting/MBA Option
In the five-year program, Meredith accounting students may begin taking graduate classes in their senior year and complete the M.B.A. in the summer and regular academic year following. The program is designed to meet the 150-hour education requirement for Certified Public Accountant (CPA) candidates as recommended by the American Institute of Certified Public Accounting (AICPA) and required in many states.

Accounting Courses:
ACC 220. FINANCIAL ACCOUNTING 3 hours
Not open to freshmen.
A study of basic accounting principles, the accounting cycle, and preparation, interpretation, and analysis of financial statements.

ACC 221. MANAGERIAL ACCOUNTING 3 hours
Prerequisite: ACC 220.  
Offered Fall, every year
The analysis of financial data for managerial decision making; interpretation of accounting data for planning and controlling business activities.

ACC 225. ACCOUNTING PROCEDURES, SYSTEMS, AND CONTROLS 3 hours
Prerequisite: ACC 220
Offered Fall, every year
A study of the technical aspects of accounting, basic accounting procedures, accounting cycle, and business transactions.  Use of special journals and subsidiary ledgers, standards setting, professional ethics, and an introduction to the use of computerized accounting software.

ACC 330. INTERMEDIATE ACCOUNTING I 3 hours
Prerequisite: ACC 220 with a C or better grade or with instructor's permission.  
Co-requisite: ACC 225
Offered Fall, every year
The development of corporate financial accounting theory and its application to in-depth problems of financial statement account valuation, analysis of working capital, and determination of net income.  Also included is a study of the development of accounting concepts and principles; short-, intermediate-, and long-term obligations; and investments. 

ACC 331. INTERMEDIATE ACCOUNTING II 3 hours
Prerequisite: ACC 330 with a C or better grade.  
Offered Spring, every year
A continuation of ACC 334, featuring topics such as income measurement and valuation issues related to stockholders' equity, long-term liabilities, special sales methods, investments, accounting changes, and pensions. Related professional literature will be analyzed.

ACC 333. COST ACCOUNTING 3 hours
Prerequisites: ACC 221 or 330. (ACC 221 is strongly recommended.)
Offered Spring, every year
The analysis of cost factors and their relationships to production, emphasizing cost procedures and information systems; standard costs and variance analysis.

ACC 336. FEDERAL TAXATION OF INDIVIDUALS 3 hours
Prerequisite: ACC 220.
Offered Fall, every year
A comprehensive interpretation and application of the federal income tax code as it pertains to the determination of taxable income and computation of tax liability for individuals.

ACC 337. FEDERAL TAXATION OF CORPORATIONS AND PARTNERSHIPS 3 hours
Prerequisite: ACC 336.
Offered Spring, every year
A comprehensive interpretation, analysis, and application of the federal income tax code as it pertains to the determination of taxable income and tax liability for corporations, partnerships, estates and trusts.

ACC 436. SELECTED TOPICS IN ACCOUNTING 3 hours
Prerequisite: ACC 331.
Varies
A study of professional presentation and disclosure requirements related to: dilutive securities, deferred compensation plans, leases, foreign currency transactions and translation, income tax allocations, and statement of cash flows; discussion of new and pending pronouncements by the Financial Accounting Standards Board.

ACC 437. ADVANCED ACCOUNTING 3 hours
Prerequisite: ACC 331.
Varies
A study of financial accounting for complex business relationships, including business combinations and consolidated financial statements. Also included is a study of governmental and non-profit accounting for state and local governments, hospitals, universities and voluntary health and welfare organizations.

ACC 438. AUDITING 3 hours
Prerequisite: ACC 331 or permission of instructor.
Offered Spring, every year
A study of auditing theory, practices, and procedures encompassing audit objectives, standards, evidence, internal control, professional ethics, and legal responsibility. Related materials of professional importance will be used.

Accounting Links:

• North Carolina State Board of CPAs
• American Institute of CPAs
• Financial Information on Companies from the Securities and Exchange Commission

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Programs of Study

• Bachelor of Science in accounting
• Bachelor of Science in business administration
• Bachelor of Arts in Economics
• Minors