Minor in Accounting

The Minor in Accounting extends accounting principles learned in other courses for Miller College of Business majors who are required to complete the Business Core curriculum. Selected course requirements elevate student knowledge of financial accounting, introduce tax accounting, and apply accounting skills hands-on with popular software applications. Elective courses allow students to gain advanced knowledge and skills on select topics in accounting.  Open only to Miller College of Business majors which require completion of the Business Core curriculum. Key learning objectives of the Minor in Accounting include: 

·         Expand knowledge of US GAAP financial statement preparation beyond ACC 201’s limited coverage, and potentially acquire awareness of more difficult topics in financial accounting.

·         Develop an understanding of the US income tax system, including individuals and businesses, with the opportunity to continue and learn how the tax system is applied to corporations and other entities.

·         Build additional skills and a deeper understanding of managerial accounting, corporate and entity tax accounting, and/or government and not for profit accounting.

·         Students may select to develop client relation and income tax preparation skills through an immersive learning experience.

·         Apply core accounting knowledge and discover accounting information system applications for both small and large businesses.

·         Appreciate the role of accounting in an enterprise and how it interacts with other functional areas.

Open only to the following Miller College of Business Majors: Business Administration, Business Analytics, Computer Information Systems, Economics, Entrepreneurial Management, Finance, Human Resources Management, Logistics and Supply Chain, Professional Selling, and Risk Management and Insurance.

No more than six (6) credit hours may be used in completion of both the Minor in Accounting and another minor program.

 

15 credits

Open only to Miller College of Business Majors which require completion of the Business Core Curriculum, other than Accounting

Eligible Majors: Business Administration, Business Analytics, Computer Information Systems, Economics, Entrepreneurial Management, Finance, Human Resources Management, Logistics and Supply Chain, Professional Selling, Risk Management and Insurance

9 credits from

Students must take ACC 201 to be eligible for this minor. (Part of MCOB core)

ACC 301	Financial Accounting and Reporting I	3
ACC 401	Federal Taxation of Individuals and Businesses	3
ACC 260	Accounting Applications for Small Business	3

6 credits from

ACC 302	Financial Accounting and Reporting II	3
ACC 305	Accounting Systems and Analytics	3
ACC 306	Managerial Accounting	3
ACC 410	Tax Planning for Businesses and Entities	3
ACC 420	Selected Topics in Accounting	3
ACC 430	Government and Nonprofit Accounting	3

Please note that some courses have prerequisites.

Total Credit Hours: 15