ACCOUNTING MAJOR
2016 Catalog
Suggested Schedule for Bachelor of Science Degree
Sophomore
Junior
Senior
Fall
ACCT 284
ACCT 384
ACCT 386
ACCT 485
ACCT 497
Spring
ACCT 285
ACCT 301
MIS 301
ACCT 383
ACCT 387
STAT 326
ACCT 498X
ACCT Elective
Required Courses (20 Credits)
ACCT 383 Intermediate Managerial Accounting
ACCT 384 Accounting Information Systems
ACCT 386 Intermediate Accounting I
ACCT 387 Intermediate Accounting II
ACCT 485 Principles of Federal Income Tax
ACCT 497 Introduction to Auditing
ACCT 498 Capstone in Accounting (2credits)
Elective Courses (3 Credits)
ACCT 483 Advanced Managerial Accounting
ACCT 484 Advanced Accounting Information Systems
ACCT 487 Volunteer Income Tax Assistance (1 credit repeatable – max. 3 credits)
ACCT 488 Government and Non-Profit Institution Accounting
ACCT 495 Advanced Accounting Problems
ACCT 496 International Accounting
Prerequisite(s)
ACCT 285 and 301
ACCT 285 , 301 and Credit or Enrollment in MIS 301
ACCT 285 and 301
ACCT 386
ACCT 386
ACCT 384, 387 and Stat 326
ACCT 383, 384, 387, 485
ACCT 383
ACCT 384
ACCT 285
ACCT 387
ACCT 387
ACCT 386
ACCT 301 is a required course and pre-requisite for all 300 level ACCT courses. It is recommended you take ACCT 301 concurrently
with ACCT 285.
CPA Note
The Accounting major requires 24 credits of accounting beyond principles (ACCT 284, 285, 215, and 316). This satisfies the
State of Iowa CPA exam requirement. ACCT 316 Business Law is also highly recommended; please note this class does not
count towards the aforementioned 24 hours required to sit for the exam. The CPA licensure designation is a symbol of
competence in the accounting profession which employers value both immediately upon graduation and throughout
career advancement.
While students may sit for the CPA exam in Iowa after completing the required accounting course work and earning a
bachelor’s degree, CPA candidates must complete a total of 150 credits in order to be certified or licensed to practice in
Iowa. Qualified students should consider taking the Master’s of Accounting (MAcc) to satisfy the 150-credit requirement.
Juniors and seniors in accounting who are interested in graduate study should contact the Coordinator of the MAcc
Program as early as possible to complete their graduate degree in an efficient manner. Students planning certification
outside Iowa must check local rules, as each state determines its own exam qualification and licensing requirements.
**MAcc information is available on the second page of this document.
February 2016
Master of Accounting 4+1 Program Note
The Master of Accounting (MAcc) is a 30 credit hour, non-thesis graduate program. The degree requirements are typically
completed in one year including optional CPA preparation. This program provides a solution to satisfying the 150 credit
hour CPA requirement while earning a higher degree! Our graduate faculty link coursework to real-world practice in order
to prepare students for the demands of their professional careers. Study abroad options in London are available. Students
considering the MAcc should apply during the 1st semester of their junior year. At the latest, students are required to
apply the semester before beginning graduate coursework. For more information:
http://www.business.iastate.edu/masters/macc
Master of Accounting
4+1 Program
Sophomore
Junior
Senior
Graduate
ACCT 284
ACCT 384
ACCT 386
*Apply to MAcc Program
ACCT 383
ACCT 387
STAT 326
ACCT 485
ACCT 497
ACCT 598
ACCT 498X
ACCT Elective
ACCT 583
ENGL 507
Optional MAcc Electives
Optional MAcc Study Abroad
- London
Optional On-Campus CPA Review
Course
Fall
Spring
Summer
ACCT 285
ACCT 301
MIS 301
Please address MAcc questions to Kayla Sander, MAcc Coordinator & Advisor, at [email protected]. An Accounting
Highlights Planning Guide can be attained through your academic adviser. This informational packet provides useful,
detailed information on both the CPA exam and the Iowa State University Master of Accounting 4+1 program. Get yours
now & start planning early!
February 2016