Accounting Requirements

B.S. IN PUBLIC ACCOUNTING DO IT YOURSELF CHECKLIST (March 2010)

STUDENT'S NAME_____________________________________________________

In addition to the requirements below, accounting majors must satisfy all other Brooklyn College requirements for graduation (e.g., Core, Speech 3, foreign language). ACCT 14W is a writing-intensive ("W") course. Note the new requirements effective Spring 2009: You must earn a grade of C or better in all ACCT courses. Otherwise, you cannot graduate with an accounting degree. This requirement is only for accounting majors -- Public Accounting (Code = 003) and Internal Accounting (Code = 004). No accounting course may be taken more than 3 times by an accounting major. Students taking a specific accounting course 3 times without achieving a grade of C or better (this includes INC, W, WN, WU, WF, and ABS grades), may not take that course again and will not be permitted to major in accounting at Brooklyn College.

Please note that if you wish to double major in Accounting and BMF (Business, Management, and Finance), you will only need to take the following additional courses: Eco/Bus 31.1, Bus 31.4\CIS 10.31, Bus 50.1, Bus 50.2, Bus 40.3, and a Bus 80.x seminar. This double major will satisfy the 150-credit requirement to receive your license; you will also need one year of CPA work experience. Accounting majors should also consider an internship (a p/t or f/t job in accounting is even more valuable). If you are interested in an internship, please go to the Magner Center for Career Development and Internships in 1305 James.

Please speak to an Accounting Program advisor to learn about the new changes to take the CPA examination. You do not need to complete 150 credits to take the CPA exam; however, you do have to complete certain courses. You will need the 150 credits as well as one year of work experience under a CPA to become licensed as a CPA in New York State.

I. Basic Accounting (You must take all 8 courses in this category)

____ACCT 1: Introductory Accounting (4) --- No Prerequisite

____ACCT 2: Intro. Managerial Accounting (3) --- Prereq.: Accounting 1 with a grade of C or higher

____ACCT 3: Interm. Fin Accounting I (3) --- Prereq.: Accounting 2 with a grade of C or higher

____ ACCT 5: Interm. Fin Accounting II (3) --- Prereq.: Accounting 3 with a grade of C or higher

____ ACCT 7: Cost & Managerial Acct. (4) --- Prereq.: Bus/Eco 30.2; CIS 5.2; Acct 2 with a grade of C or higher

____ ACCT 21: Acct. Info. Systems (2) --- Prereq.: CIS 5.2; Acct 2 with a grade of C or higher

____ ACCT 30: Income Taxation (4) --- Prereq: Acct 1 with a grade of C or higher (recommended in senior year)

____ ACCT 40: Business Law I (3) --- No Prerequisite (recommended in junior or senior year)

II. Advanced Accounting Courses [Internal Accounting majors need only take ONE of these 4 courses; Public Accountancy majors must take all 4.
Please note that Internal Accounting students who have no other writing-intensive course must take Accounting 14W.]

____ACCT 10: Adv. Financial Accounting (3) --- Prereq.: Accounting 5 with a grade of C or higher

____ACCT 11: Consolid. & NFP (3) --- Prereq.: Accounting 5 with a grade of C or higher

____ACCT 14W: Auditing Concepts & Accounting Research (4) --- Prereq.: Acc 5 with a grade of C or higher ; Acc 21 with a grade of C or higher; Bus/Eco 30.2; Eng 2

____ACCT 41: Business Law II (3) --- Prereq.: Accounting 40 with a grade of C or higher (recommended in junior or senior year)

III. Economics & Statistics (You must take all 3 courses in this category)

____ECO/BUS 10.1: Macroeconomics (4) --- Prereq: CC 3.11 or Sophomore Status

____ECO/BUS 20.1: Microeconomics (3) --- Prereq:   CC 3.11 or Sophomore Status

____BUS/ECO 30.2: Intro Eco & Business Statistics (4) --- Prereq: CC 3.11 or Core Studies 5 or
Core Studies 5.2 or Sophomore status

IV. Computer Science (You must take this course)

____CIS 5.2: Intro to Computer Applications (3) --- No Prerequisite

V. Philosophy or Speech (Choose one from this category)

____ PHILO 14: Moral Issues in Business (3) --- Prereq: one course in Eco Dept or CC 2.1

____ SPEECH 23: Business Communications (3) --- Prereq: Speech Screening Test

VI. Finance/Management/Marketing (Select three of the following)

____ECO/BUS 70.1: Money and Banking(3) --- Prereq: Eco/Bus 10.1

____BUS 70.2: Corp Financial Mgt. (3) --- Prereq is Acc 1;   or  ___ECO 70.8: Financial Economics--- Prereq is Eco/Bus 20.1

____BUS 70.3: Investment and Security Markets(3) --- Prereq: Bus 70.2 or Eco 70.8

____BUS 70.5: Personal Finance (3) --- No Prerequisite

VII. Business Electives (Select two of the following)

____BUS 6.1: Professional Development and Success (2) --- Prereq: Sophomore Status

____BUS 40.3: Strategic Human Resource Management (3) --- Prereq: Sophomore Status or Psych 10

____BUS 50.1: Introduction to Management (3) --- No prerequisite

____BUS 50.2: Principles of Marketing Management (3) --- No prerequisite

____BUS 52: Leadership in Organizations (2) --- Prereq: Sophomore Status

____BUS 70.4: Options, Futures, and Commodity Markets (3) --- Prereq: Bus 70.2

____BUS 71: Real Estate Finance and Management (3) --- Prereq: Bus 70.2

____BUS 80.1W: Seminar in Business Management and Policy (3) --- Prereq: Senior Status and Bus 50.1

____BUS 80.2W: Seminar in Business Finance (3) --- Prereq: Senior Status and Bus 70.2

VII. Electives (Not required of accounting majors; may be used for free elective credits)

____ACCT 31: Corp. Tax (3) --- Prereq: Acct 30 with a grade of C or higher Corporate tax is covered in the CPA exam
and is highly recommended.

____ACCT 45/BUS 72: Fraudulent Reporting & Forensic Financ. Analysis (3) --- Prereq: Sophomore Status