Versatility, stability, earning potential: Gain entrance to a variety of possibilities with a bachelor's degree in accounting.
If you have a way with numbers, you may want to consider earning your bachelor’s degree in accounting. No matter what their mission or type of work is, all companies and agencies need accounting departments to keep their finances on track, so with an accounting degree, you’ll have a wide range of directions to choose from.
This major combines theory and practice to help prepare you for analysis of and reporting on the economic activities of organizations. You’ll develop skills in managerial accounting, budgeting, accounting systems, internal controls, financial analysis, financial reporting, internal and external auditing, taxation, and international accounting.
This program is also available as a minor.
About the Accounting Bachelor's Degree
The accounting curriculum, developed in consultation with employers, features real-world data sets. Accounting employers often serve as guest speakers and contact UMUC to recruit our students. You’ll take courses in statistics, economics, cost accounting, income taxation, business law, and auditing. The required minor in business administration complements your accounting coursework with study of management theory, finance, and ethics.
What You'll Learn
Through your coursework, you will learn how to
- Communicate with financial and nonfinancial audiences in a clear and concise manner and make appropriate financial decisions
- Research, prepare, analyze, and review financial and business data by applying accounting and business management principles to produce financial and business reports
- Use current technology and analytical tools to work collaboratively and facilitate decision making
- Employ analysis, critical thinking, and problem solving to identify, test, and validate processes, systems, and financial data
- Define, develop, and demonstrate ethical business practices and accountability by identifying and addressing current and emerging issues
- Conduct fraud detection and deterrence planning, analysis, and communication
- Perform a range of functions, including auditing and financial reporting, to manage finances for federal agencies
- Create reports and conduct disclosure analysis
In past projects, students have had the opportunity to
- Relate accounting concepts to actual companies and agencies
- Analyze the U.S. Securities and Exchange Commission Form 10-K, which companies use to disclose information
- Review and analyze publicly traded companies and examine federal financial statements, operation reviews, RFPs, and reports related to fraud and ethics
- Review and analyze corporate governance and ethical issues to ensure understanding of and compliance with license and government regulations
This program can help prepare you for the following certification exams:
- Certified Public Accountant (CPA)
- Certified Internal Auditor (CIA)
- Certified Information Systems Auditor (CISA)
- Certified Fraud Examiner (CFE)
- Certified Government Financial Manager (CGFM)
- Certified Management Accountant/Certified Financial Manager (CMA/CFM)
- Certified Government Auditing Professional (CGAP)
Accounting Bachelor's Degree Requirements
A degree with a major in accounting requires the successful completion of 120 credits of coursework, including 36 credits for the major; and 41 credits in general education requirements; and 43 credits in minor and electives coursework. At least 18 credits in the major must be earned in upper-level courses (numbered 300 or above). See overall degree requirements.
Courses in the Major (36 Credits)
- Accounting Information Systems (3 Credits, ACCT 326)
- Principles of Accounting I (3 Credits, ACCT 220)
- Principles of Accounting II (3 Credits, ACCT 221)
- Intermediate Accounting I (3 Credits, ACCT 310)
- Intermediate Accounting II (3 Credits, ACCT 311)
- Cost Accounting (3 Credits, ACCT 321)
- Federal Income Tax I (3 Credits, ACCT 323)
- Accounting for Government and Not-for-Profit Organizations (3 Credits, ACCT 410) or any upper-level ACCT course
- Auditing Theory and Practice (3 Credits, ACCT 422)
- Advanced Accounting (3 Credits, ACCT 424)
- Internal Auditing (3 Credits, ACCT 436) or any upper-level ACCT course
- Fraud and Forensic Accounting (3 Credits, ACCT 438) or any upper-level ACCT course
Related Required Courses
- Management and Organization Theory (3 Credits, BMGT 364)
- Business Law I (3 Credits, BMGT 380)
- Business Finance (3 Credits, FINC 330)
- Marketing Principles (3 Credits, MRKT 310)
- Ethics and Professionalism in Accounting (3 Credits, ACCT 411) or Business Ethics (3 Credits, BMGT 496)
The following additional related requirements for the major are listed under general education courses.
- Principles of Macroeconomics (3 Credits, ECON 201)
- Principles of Microeconomics (3 Credits, ECON 203)
- Introduction to Statistics (3 Credits, STAT 200)
- Introduction to Professional Writing (3 Credits, WRTG 293)
or Writing for Managers (3 Credits, COMM 390) or Advanced Business Writing (3 Credits, WRTG 394)
General Education Courses
Since some recommended courses fulfill more than one requirement, substituting courses for those listed may require you to take additional courses to meet degree requirements. Consult an advisor whenever taking advantage of other options. See information on alternate courses (where allowable) to fulfill general education requirements (in communications, arts and humanities, behavioral and social sciences, biological and physical sciences, mathematics, and interdisciplinary issues).
Research and Computer Literacy Courses
- Program and Career Explorations for the Military Community (3 Credits, PACE 111M)
or Program and Career Exploration in Business (3 Credits, PACE 111B)
or other PACE 111 course
(to be taken in first 6 credits)
- Introduction to Research (1 Credits, LIBS 150)
or Career Planning Management (1 Credits, CAPL 398A)
or other general education elective
- Concepts and Applications of Information Technology (3 Credits, IFSM 201)
or another computing course appropriate to the academic major
- Academic Writing I (3 Credits, WRTG 111)
or Research Writing (3 Credits, WRTG 291)
or other writing course
- Academic Writing II (3 Credits, WRTG 112)
- Introduction to Professional Writing (3 Credits, WRTG 293)
or Writing for Managers (3 Credits, COMM 390)
or Advanced Business Writing (3 Credits, WRTG 394) (related requirement for the major)
- Advanced Business Writing (3 Credits, WRTG 394)
or other advanced upper-level writing course
- Introduction to Statistics (3 Credits, STAT 200) (related requirement for the major)
Arts and Humanities Courses
- Western Civilization II (3 Credits, HIST 142)
or History of the United States Since 1865 (3 Credits, HIST 157)
or other arts and humanities course
- Film and American Culture Studies (3 Credits, ARTH 204)
or foreign language course or other arts and humanities course
Behavioral and Social Science Courses
- Principles of Macroeconomics (3 Credits, ECON 201) (related requirement for the major)
- Principles of Microeconomics (3 Credits, ECON 203) (related requirement for the major)
Biological and Physical Sciences Courses
The bachelor's degree in accounting requires 28 credits in minor and/or elective coursework.
This program is designed to help prepare you for accounting certifications and careers at corporations and nonprofit and government organizations that cover a wide range of industries. For more information about professional licensure in this field visit www.umuc.edu/professional-licensure.
An articulation agreement between UMUC’s Undergraduate School and Graduate School allows eligible students who complete their undergraduate degree at UMUC with a major in accounting to reduce their total coursework for the Master of Science in Accounting and Financial Management, the Master of Science in Accounting and Information Systems, or the Master of Science in Management with a specialization in Accounting at UMUC by 6 credits (two courses). More information is available in the graduate catalog.
This program is designed to help prepare students to sit for the Uniform Certified Public Accountant Exam and/or obtain initial licensure as a Certified Public Accountant in Maryland. To sit for the CPA Exam in Maryland, a candidate is required to have successfully completed 120 credits toward an accounting degree. Many other states, however, require candidates to successfully complete 150 credits prior to sitting for the CPA Exam.
To obtain initial licensure as a CPA in Maryland and most other states, a candidate is required to have successfully completed 150 credits. Maryland has additional requirements to obtain initial licensure as a CPA, not all of which can be fulfilled through education. Learn more about Maryland's requirements for initial licensure. Students seeking licensure in another state are advised to contact the appropriate licensing board in their state.
Learn more about professional licensure and how to contact your state's licensing board.