The School of Business’ separate accounting accreditation through AACSB International requires that the School establish a separate statement of mission for its accountancy program complementary to the School’s basic mission statement provided. Accordingly, the mission and values of the School’s accountancy program are as follows:
The mission of the Wake Forest accountancy program is to enhance business, society, and the accountancy profession through our teaching and scholarship. We value: an environment that promotes thoughtful reflection and a high level of face-to-face interaction; intellectual curiosity, including a passion for the study of business; teaching excellence; challenging academic standards consistent with high-quality students; the creation and dissemination of knowledge; honor, integrity, and respect for the ethical and legal foundations of the accountancy profession; and strong relationships with alumni, recruiters, and other members of the accountancy profession.
The accountancy program includes both the baccalaureate and master’s programs. Students who major in either accountancy or finance (FIN-M) at the baccalaureate level may apply for admission to the MSA program during their junior year (see MSA Program Admissions). During the third and fourth years, students admitted to the program take the business and enterprise management, accounting, and finance courses required for a major in accountancy or finance. The curriculum also provides students with the opportunity to do a professional internship during the fourth year. The coursework, combined with the professional internship, provides students with a solid foundation in the concepts, principles, and practices of accountancy and business. Students need this foundation for success in the MSA program and the early years of their careers.
The curriculum for the fifth year of study adds both depth and breadth to students’ undergraduate foundation in accountancy or finance and prepares them for a wide variety of careers in accountancy and financial services (for example, assurance, taxation, business advisory services, transaction services, forensic accounting, investment and commercial banking). The MSA program qualifies students to take the CPA examination in North Carolina and many other jurisdictions. Students are responsible for researching the CPA examination requirements for those locations.
Requires the following courses:
|ACC 111||Introductory Financial Accounting||3|
|ACC 211||Financial Accounting Theory and Problems I||4|
|ACC 212||Financial Accounting Theory and Problems II||4|
|ACC 221||Introductory Management Accounting||3|
|ACC 237||Taxes and Their Role in Business and Personal Decisions||3|
|ACC 351||Accounting Information Systems||3|
|ACC 352||Introduction to Auditing||4|
|BEM 201||Quantitative Analysis I||3|
|BEM 211||Organizational Behavior||1.5,3|
|BEM 221||Principles of Marketing||3|
|BEM 241||Production and Operations Management||3|
|BEM 251||Management Information Systems||3|
|BEM 261||Legal Environment of Business||3|
|BEM 371||Strategic Management||1.5,3|
|or BEM 372||Strategic Management in Entrepreneurial Firms|
|BEM 388||Management Simulation||1.5|
|FIN 231||Principles of Finance||3|
|FIN 232||Intermediate Finance||3|
|ECN 150||Introduction to Economics||3|
|MST 111||Calculus with Analytic Geometry I||4|
|or MST 112||Calculus with Analytic Geometry II|
ACC 311 and ACC 321 are strongly recommended for students who do not intend to pursue the MSA degree.
School of Business students (exclusive of mathematical business majors) with a grade point average of at least 3.0 on all college work and who are eligible for membership in Beta Gamma Sigma are invited to apply for admission to the honors program in business and accountancy. A project, paper, or readings, and an oral presentation or examination are required. Those who successfully complete the requirements specified by the School graduate with the designation “Honors in Accountancy,” “Honors in Business and Enterprise Management,” or “Honors in Finance.” For additional information, interested students should consult a member of the faculty of the Wake Forest School of Business.