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 consisting of 54.5 hours and the master’s program. 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). The coursework, combined with the opportunity to complete a professional internship, provides students with a solid foundation in the concepts, principles, and practices of accountancy and business.
Requires the following courses:
| Code | Title | Hours |
|---|---|---|
| Prerequisites for Admission | ||
| ACC 111 | Introductory Financial Accounting | 3 |
| BEM 201 | Quantitative Analysis I | 3 |
| ECN 150 | Introduction to Economics | 3 |
| MTH 111 | Calculus with Analytic Geometry I | 4 |
| or MTH 112 | Calculus with Analytic Geometry II | |
| Core Requirements | ||
| ACC 221 | Introductory Management Accounting | 3 |
| BEM 211 | Organizational Behavior | 3 |
| BEM 221 | Principles of Marketing | 3 |
| BEM 241 | Productions and Operations Management | 3 |
| BEM 251 | Management Information Systems | 3 |
| BEM 261 | Legal Environment of Business | 3 |
| BEM 371 | Strategic Management | 3 |
| or BEM 372 | Strategic Management in Entrepreneurial Firms | |
| BEM 388 | Management Simulation | 1.5 |
| FIN 231 | Principles of Finance | 3 |
| Required Major Courses | ||
| ACC 211 | Intermediate Accounting I | 4 |
| ACC 212 | Intermediate Accounting II | 4 |
| ACC 237 | Taxes and Their Role in Business and Personal Decisions | 3 |
| ACC 351 | Accounting Information Systems | 3 |
| ACC 352 | Introduction to Auditing | 3 |
| ACC 390 | Professional and Ethical Responsibilities of Accountants | 1.5 |
| ACC 392 | Professional and Ethical Responsibilities of Accountants - Internship Practicum | 1.5 |
| or ACC 393 | Professional and Ethical Responsibilities of Accountants - Case Study Practicum | |
| FIN 232 | Intermediate Finance | 3 |
ACC 391 is strongly recommended.
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 decision analytics 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.