All undergraduate accounting programs include an introductory course in accounting basics most pertinent for those interested in operating sole proprietorships. Payroll accounting, accountant processes and Accounting for Cash are only a few of the topics covered in this foundational course.
Undergraduate accounting curricula generally include coursework designed to familiarized students with the latest methods in electronic bookkeeping, database management and how to apply accounting principles using computerized software.
Through case studies, students will evaluate the evolution of ethics in accounting and discuss professional responsibility. Students will also explore ethical standards set by state boards of accountancy.
A cost management or cost accounting course is designed to train students how to manage internal operations within an industrial setting. Project planning, decision-making, budget analysis and profitability concepts are also emphasized in this course.
Coursework in auditing is standard among undergraduate accounting curricula. Students will learn how to gather and evaluate evidence for an audit, and may even complete a student-prepared audit. Auditing courses also include some degree of focus on ethics and legal liability.
Income tax accounting course offers guidance in tax preparation. Students will develop a familiarization with various tax forms, as well as tax preparation software. A close examination of federal, state and local tax laws is also part of this course.
A government accounting course will focus on theories, practices and other special requirements unique to accounting for government and not-for-profit entities, like public schools. Coursework in this area covers specialized reporting concepts and budgeting procedures. Undergraduate accounting programs typically require that students complete prerequisites prior to enrolling in this advanced course.