Three Courses You Might Take When Earning a BS in Accounting
From the fundamentals of accounting to professional ethics, Walden University’s BS in Accounting program is designed to prepare you with the skills and knowledge your career demands.
Accounting is more than numbers and balance sheets—there are legal and ethical issues at play as well as digital trends that have changed 20th century accounting models. That’s why, when earning a BS in Accounting degree, course requirements range from Fundamentals of Accounting to Organizational Communication. Professionals looking to expand their skills in accounting or management will encounter discussions and assignments focused on fundamental legal principles in business and commerce, contract disputes, forensic accounting, and even intellectual property. Here’s a look at three accounting courses that you will take as part of Walden University’s ACBSP-accredited BS in Accounting online program.
In Walden University’s online Ethical Leadership course, students learn how, as professional accountants, to place the public’s interest above their own—that is, how to approach business ethically. As part of the Ethical Leadership curriculum, accounting students will learn about the core values that a CPA should exhibit, as well as how to bring their own style of leadership into an accounting career.
Fundamentals of Accounting
This introductory course teaches students how to read a cash flow statement, understand a business’s financials, and assess balance sheets and income statements. Further, students will learn how to apply the information garnered from these accounting tools in practice. Assignments and discussions will include a wide range of basic accounting topics such as the generally accepted accounting principles (GAAP), the reporting standards used in the United States. This course will provide students with a foundation of key financial accounting concepts and activities as part of Walden University’s larger online bachelor’s accounting degree program.
Government and Nonprofit Accounting
In this course, students will learn about the different accounting principles used by government and nonprofit organizations versus those used by private sector organizations. Along with an exploration of the ethical and social responsibilities of accountants working in the public sector, subjects covered will include fund accounting, budget and control issues, and revenue and expense recognition. In this course, students will learn by doing—preparing financial statements for government entities as well as nonprofits. This course will help prepare students interested in an accounting career in the public sector.
Further, students will learn about how the catchphrase “The customer is always right” does not apply in accounting. As the former chair of the Securities and Exchange Commission Arthur Levitt wrote in The CPA Journal, accountants “are charged with telling the customer when he’s wrong.”1
Earning an accounting degree online allows for the kind of flexibility many need to balance work with their educational goals and career aspirations. If you work during the day, you can complete your coursework in the evening; if you work at night, you can earn your degree by taking online classes during the day. And earning your BS in Accounting online at Walden University can prepare you to pursue the CPA designation.
Walden University is an accredited institution offering a BS in Accounting degree program online. Expand your career options and earn your degree in a convenient, flexible format that fits your busy life.
Most states require individuals to complete 150 semester (225 quarter) hours in certain subject areas to be eligible to sit for the Certified Public Accountant (CPA) exam and/or obtain a CPA license. Walden’s accounting programs can help graduates progress toward meeting those requirements. The BS in Accounting offers 120 quarter (80 semester) credit hours that include upper-level courses in topics such as financial accounting, auditing, taxation, and management accounting. The MS in Accounting offers 30 semester (45 quarter) credit hours, while the MBA Accounting specialization offers nine semester (13.5 quarter) credit hours. These programs include graduate courses in topics such as financial accounting, managerial accounting, and legal and ethical accounting practices. This will require students to complete additional coursework to meet state requirements.
In each state, there are specific policies that must be followed when an individual is seeking to become a licensed accountant. Some states will not allow individuals who complete the Walden accounting programs to sit for the CPA licensing exams due to state-specific issues such as professional accreditation or face-to-face instruction. For information on the educational requirements for your state, refer to the state’s Board of Accountancy or related agency.
Walden Enrollment Specialists can provide guidance about accountant licensure; however, it remains the responsibility of the individual enrolling in the program to read, understand, and comply with the licensure requirements in the state where he or she wishes to practice.
Walden University can make no representation, warranty, guarantee, or commitment that successful completion of a Walden program, or coursework for credit within a program, will make a graduate eligible to sit for a licensure exam or to obtain state licensure.
Walden’s BS in Business Administration, Master of Business Administration (MBA), Doctor of Business Administration (DBA), and PhD in Management programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP). The MS in Accounting and BS in Accounting programs are also accredited by the ACBSP and have earned the organization’s Specialized Accounting Accreditation.
Walden University is accredited by The Higher Learning Commission, www.hlcommission.org.