Department Mission Statement Accreditation

BS in Accounting

Distinction

 

2303 University Hall (UH)
(312) 996-2650
http://www.uic.edu/cba/accounting
Administration: Department Head, Somnath Das
Undergraduate Programs, 1118 University Hall

 


 

Department Mission Statement

Consistent with the mission of the College of Business Administration and the University of Illinois at Chicago, the Department of Accounting is committed to quality in its educational programs, research pursuits, and service to the community.

Educational Mission

Education is a vital objective of the department. The department serves an ethnically diverse, largely self-supporting, and primarily first-generation student body. The department will deliver the most cost-effective, quality accounting education in the Chicago Metropolitan area.

Undergraduate students will be well prepared for professional careers and certification candidacy. Students will be encouraged to complete all degree requirements in a timely fashion through a coordinated program of faculty advising and staff counseling. Internships will be used as an additional vehicle to prepare students for the professional expectations of the work place.

The department will provide advanced study and synergistic programs through its graduate offerings, including the Master of Science in Accounting, joint Master of Science in Accounting/Master of Business Administration, and the Master of Business Administration (accounting specialization). Graduate education will play an increasingly important role in the department, consistent with the 150-hour Illinois CPA examination requirement.

Students admitted to CBA degree programs must show the potential and capacity to successfully complete all graduation requirements. Graduates must demonstrate proficiency in contemporary management skills, such as information technology, communication skills, and teamwork. The program will promote a perspective of the global economy and cultural diversification necessary for the worker of the 21st century.

Research Mission

Commitment to research is an integral component of the Department of Accounting. The department features academically respected and professionally qualified faculty who actively produce and support basic and applied research. Faculty research and teaching expectations emphasize individual strengths, interests, and stages of career development through a coordinated program of peer review, support, and counsel.

Service Mission

Faculty will pursue external service activities which enhance departmental visibility, reputation, and presence at the local, national, and international levels. Service to the students, college, and University is expected internally. Service that enhances the University’s urban mission is also encouraged.

 

Accreditation

The accounting department and its associated degree programs are accredited by AACSB International—The Association to Advance Collegiate Schools of Business.

 

BS in Accounting

Accounting is a system for measuring and reporting the financial position and performance of a variety of entities to interested parties.

These organizations include business firms, governmental units, and nonprofit organizations. Users of financial information include management, stockholders, and creditors. The scope of the accounting discipline is broad and varied. Specific functional areas are as follows: financial accounting, managerial accounting, governmental and nonprofit accounting, international accounting, auditing, information systems, and taxation. The department also offers business law courses.

Degree Requirements

To earn a Bachelor of Science in Accounting degree from UIC, students need to complete University, college, and department degree requirements. The Department of Accounting degree requirements are outlined below. Students should consult the College of Business Administration section for additional degree requirements and college academic policies.

BS in Accounting Degree Requirements
Hours
General Course Requirements
60
Business Core
33
Major Requirements
19
Business Electives
9
Total Hours—BS in Accounting
121

 

General Course Requirements
See General Course Requirements in the College of Business Administration section for the list of courses needed to meet this requirement.

Business Core
See Business Core in the College of Business Administration section for the list of courses needed to meet this requirement.

Major Requirements

Courses
Hours
ACTG 315—Intermediate Financial Accounting I
3
ACTG 316—Intermediate Financial Accounting II
3
ACTG 326—Cost Accounting
3
ACTG 435—Auditing
4
ACTG 445—Federal Income Tax I
3
ACTG 474—Accounting Information Systems
3
Total Hours—Major Requirements
19


Business Electives

Courses
Hours
At least three courses from the following list:
9
ACTG 355—Business Law (3)  
ACTG 417—Advanced Financial Accounting (3)  
ACTG 446—Federal Income Tax II (3)  
ACTG 456—Business Law II (3)  
ACTG 465—Governmental and Nonprofit Accounting (3)  
ACTG 475—Database Accounting Systems (3)  
ACTG 484—International Accounting (3)  
ACTG 485—Valuation and Analysis of Internet and New Media Companies (3)  
ACTG 494—Special Topics in Accounting (1–4)  
Total Hours—Business Electives
9

It is recommended that students who intend to sit for the CPA exam take ACTG 355, 417, 446, and 456. Furthermore, before taking 300-level accounting courses, students should have completed IDS 200 and 270, as well as ECON 130.


Sample Course Schedule

See Sample Business Major Curriculum in the College of Business Administration section.

 

Distinction

See Academic Honors in College of Business Administration section.