Accounting

    The field of accounting provides the language used to summarize and communicate the results of business activity.  The practice of accounting identifies, collects, organizes, and presents information that represents business events.  Students who master the discipline understand how to generate and interpret accounting information.  Business, government, and not-for-profit organizations need people to analyze this information, interpret its meaning for the organization, and propose appropriate actions to take.  The Accounting major at Lyon College seeks to prepare students to fill these roles and to contribute to organizational decision making; therefore, the curriculum requires students not only to master accounting standards, procedures, and systems but also to acquire a broad understanding of business practices and economic conditions.

    Students who major in accounting are well prepared for careers in accounting and financial management.  The major prepares students to begin careers in business, government, or not-for-profit organizations.  Students who wish to certify that they are qualified to work in these careers are well prepared to seek certification as a certified management accountant.  Others will wish to continue their studies.  The Accounting major provides a solid foundation for graduate study in accounting or business, and it offers a good start to students who seek professional certification as a certified public accountant.  Some of these programs have specific course requirements beyond those of the major, so interested students should consult with an adviser.

Summary of Requirements for a Major in Accounting

Business Core

ACC 210 Principles of Accounting I                           3 credits
ACC 211 Principles of Accounting II                          3 credits
ACC 301 Business Law                                             3 credits
BUS 210 Principles of Management                            3 credits
BUS 306 Principles of Marketing                                3 credits
BUS 323 Statistical Applications to Business               3 credits
ECO 101 Principles of Economics I                            3 credits
ECO 102 Principles of Economics II                           3 credits
ECO 320 Corporate Finance I                                    3 credits
MTH 205 Calculus Applications in Bus & Eco            3 credits
  OR MTH 210 Calculus I                                          4 credits
                                                                            30-31 credits

Accounting Courses

ACC 300 Accounting Systems                                 3 credits
ACC 320 Cost Management I                                  3 credits
ACC 325 Cost Management II                                3 credits
ACC 330, 331 Intermediate Accounting I & II         6 credits
ACC 340 Income Tax I                                           3 credits
ACC 410 Auditing                                                   3 credits
ACC 490 Seminar in Accounting                              3 credits
                                                             24 credits
TOTAL                                            54-55 credits