Preview

Accounting 505

Good Essays
Open Document
Open Document
430 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Accounting 505
If you’re intrigued by accounting principles and topics like financial statements, foreign exchange rates, and capital structure, this online program is an excellent path for you. (An on-campus option may also be available; contact a student advisor for details.) You'll gain the knowledge you need to pursue a career in this field and move toward professional certification.
The Bachelor of Science degree in Accounting is designed to provide students with the education necessary for a rewarding and challenging professional career in public, private, or governmental accounting. The curriculum includes foundation courses at a level needed for professional certification for the U.S. Certified Public Accountant (CPA) examination.
Keeping pace with trends towards international convergence of accounting standards (and CPA examination test trends), students will learn IFRS (International Financial Reporting Standards) by comparing and contrasting them with U.S. GAAP (Generally Accepted Accounting Principles). Students will learn to apply these principles to record accounting events and prepare financial statements. To enhance students' expertise, courses in cost accounting, individual and multinational taxation, as well as auditing and forensic accounting are offered.
Each state sets forth standards required to be eligible to take the CPA exam and apply for licensure or certification as a CPA. The Certified Management Accountant (CMA) certification requires membership in the Institute of Management Accountants (IMA) as well as education, work experience, and examination requirements. While Western International University® programs are designed with consideration for the standards proposed by the National Association of State Boards of Accounting (NASBA) and the American Institute of Certified Public Accountants (AICPA) and the IMA, Western International University cannot assure that successful graduates will meet their states' or IMA's specific eligibility requirements

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Accounting 444

    • 278 Words
    • 2 Pages

    Ellen’s basis is $60,000. (12,000 that she paid in cash, and 48,000 purchase money liability).…

    • 278 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Accounting 315

    • 1877 Words
    • 8 Pages

    You should enter your name, date, instructor's name, and course into the cells at the top of the page. This information will be printed on the top of each page if the template requires more than one page.…

    • 1877 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    An explanation of how the MSA program prepares the student for a professional life within the accounting vocation.…

    • 465 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Accounting 562

    • 328 Words
    • 2 Pages

    Both codes require the same basic principles. The internal auditor and the fraud examiner must both remain unbiased, professional, and ethical in all decision making. If violations are found, each organization goes through a specific process of determining if an ethics violation has taken place, and it is then appropriately dealt with by the respective agency. With both agencies, any illegal acts are prohibited from a legal standpoint, and also establishes a violation of the ethics policy. Auditors and fraud examiners are not allowed to take assignments that they believe they do not have the expertise or experience to adequately handle.…

    • 328 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Accounting are the center of business operations of all kinds. It is a degree that let you do just about anything you want in the business world. Accountants work with businesses to develop business and information systems strategies. It extends to all the other, is to prepare and examine financial records. They make sure that records are accurate and that Texas are paid properly and on time. They study of how business track their income and assets overtime. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transaction. Accountants and auditors perform overview of the financial operations of a business in order to help it run efficiently. “First-year general accountants for a midsize company earn $20.25 to $25.65 per hour or $38,500 to $49,250 annually.”” A cost accountant working for a midsize company can expect to earn $21.48 to $26.69 per hour, or $41,250 to $51,250 annually.” An accountants is perfectly positioned to become a CFO, because he or she probably has the best understanding of what drivers business and profits in a company. The basics of how a business works will be learned. The field of accounting offers stimulating and challenging work that is constantly evolving. The information systems is the collection, storage and processing of financial and accounting data used by internal users to report information to investors. The accountants should record and report on accounting transactions from a neutral perspective. Professional accountants in business are an important critical mass in the global accountaricy profession. Their responses often mention rules such as tax agents and independent auditors. The degree plan for accountants, the MPA degree for West Texas A&M University can be earned in two ways. The traditional degree is a master degree earned after completing a bachelor’s…

    • 926 Words
    • 4 Pages
    Good Essays
  • Better Essays

    For the past 31 years, the major changes in accounting have taken place. Several accounting committees and boards have come and gone. The purpose of this paper will be to examine the Financial Accounting Standards Board and the International Accounting Standards Board convergence project. These papers will also explain how the MSA program prepares students on the transition into professional accounting.…

    • 1149 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Accounting 450

    • 348 Words
    • 2 Pages

    the benefits produced by possessing and using the information minus the cost of producing it.…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    ABSTRACT: Management and auditors face increased responsibilities to evaluate internal control and assess the risk of fraud. This case provides the opportunity to evaluate internal controls and the possibility of fraud in a very small not-for-profit child care…

    • 6558 Words
    • 27 Pages
    Better Essays
  • Good Essays

    Chocloate case study

    • 6328 Words
    • 41 Pages

    needs a much better one as it starts to get bigger orders. In Part A of this case, students…

    • 6328 Words
    • 41 Pages
    Good Essays
  • Better Essays

    The field of accounting is constantly evolving. This is true not only for the theory of accounting itself but also the entities that govern its theory and practice. Presently, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are faced with some of the biggest challenges to date. To understand the significance of these two boards, it is necessary to understand their histories, relations between the boards, and the standards that they set. Also how the knowledge of these boards and the field they lead, gained through the masters of science in accountancy (MSA) program, prepare students for a career in accounting.…

    • 1115 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    To help students gain an overview of the entire accounting process in the real world and to become competent financial managers able to apply their knowledge to the situations they will encounter in the workplace. Furthermore, through class discussion and participation, students will gain an understanding of the all-important people skills they will need in order to successfully apply their technical knowledge and to carry out all the functions of their position. In this course you will be expected to not only master the subject matter, but also to improve your written and oral communication skills so that you can lead your team in problem definition, analysis, possible solutions and, ultimately, good and proper recommendations for the course of action to be taken.…

    • 3470 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Acc 290

    • 1919 Words
    • 8 Pages

    This course covers the fundamentals of financial accounting as well as the identification, measurement, and reporting of the financial effects of economic events on an enterprise. Students will learn to examine financial information from the perspective of management. Other topics include decision making, planning, and controlling from the perspective of a practicing manager.…

    • 1919 Words
    • 8 Pages
    Good Essays
  • Better Essays

    Fasb

    • 1094 Words
    • 5 Pages

    The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are two of the most important bodies of the Accounting/Finance field today. Though both boards work together to develop and enforce financial reporting standards for publicly held organizations, the FASB concentrates on the accounting standards in the United States while the IASB sets its focus on global standards. The rules and standards that are set for individual certified public accountants that practice in the United States are also set by the FASB. By introducing the IASB and FASB into the MSA program, students are able to gain more insight into what businesses are required to report and the progress that the accounting field continues to make.…

    • 1094 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Acc300

    • 1417 Words
    • 6 Pages

    This course focuses on principles of accounting for the non-accounting student. Emphasis will be placed on the accounting equation and transactions, financial statement preparation and analysis, internal controls, regulatory environment, compliance, and global business implications.…

    • 1417 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Fasb Convergence

    • 1091 Words
    • 5 Pages

    “The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are currently working on a joint venture referred to as the convergence project” (University of Phoenix, 2013, p. 1). As a result, both Boards have agreed to meet a deadline of June 2011 for the convergence of the accounting guidelines to be complete. Understanding their history and their relationship can help students in the MSA program to get ready for the working environment. The MSA program can help students prepare for the professional career within the accounting area.…

    • 1091 Words
    • 5 Pages
    Good Essays