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Undergraduate Admissions Information
Office of Undergraduate Admissions
Madonna University
36600 Schoolcraft Road
Livonia, Michigan 48150-1176
(734) 432-5339 or (800) 852-4951, ext. 5339
Fax (734) 432-5424
Email: admissions@madonna.edu

Accounting Major: Bach Sci | Accounting Minor
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Accounting Major: Bach Sci    
   Major Required Courses    
      Required Courses    
         ACC 3030   Intermediate Accounting I 3 s.h.  An intermediate level examination of the basic accounting statements and underlying accounting principles. Topics include: present value concepts, current assets and liabilities, and tangible and intangible assets. Prerequisite: ACC 2020. 
         ACC 3040   Intermediate Accounting II 3 s.h.  A continuation of the intermediate level examination of the basic accounting statements and underlying accounting principles. Topics include: accounting for leases, pensions, income taxes, earnings per share, financial statement analysis, long-term liabilities, equity transactions, and cash flow statements. Prerequisite: ACC 3030. Must be taken at Madonna University. 
         ACC 3400   Accounting Information Systems 4 s.h.  A study of fundamental principles of accounting and information systems data. Analysis related primarily to corporations and to cost accounting and management accounting topics encountered by accounting and computer personnel: design and control of systems for the origination, development, and use of accounting information systems, including an analysis of computer usage for accounting applications. Emphasis on the interrelationships among the components of an accounting system and the use of the personal computer in the maintenance and reporting of accounting information. Prerequisites: CIS 2380 and ACC 2010. 
         ACC 3580   Taxation I 3 s.h.  A study of the principles of taxation emphasizing the individual as a taxable entity. Included is a study of tax law as it pertains to inclusions in gross income, exclusions from gross income, and deductions available to the taxpayer. Prerequisites: ACC 2020 and BL 3330 or instructor’s consent. Must be taken at Madonna University. 
         ACC 3610   Taxation II 3 s.h.  Continued study of principles of taxation; emphasis on business entities, estates, and trusts. Prerequisite: ACC 3580. 
         ACC 4500   Auditing 3 s.h.  Analysis of the audit process, the audit examination, and procedures for completing the audit test. Emphasis on generally accepted auditing standards and professional ethics. Prerequisite: ACC 3040. 
         ACC 4700   Advanced Managerial/Cost Accounting 3 s.h.  Advanced study of various costing methodologies and their interrelationship to managerial issues for planning, managing, controlling, and evaluating business operations. Topics include standard costing and variance analysis, sales variances, process costing issues, allocation methods for service departments and joint/by-product costs, determination of cost functions, transfer pricing, interrelationship with operations research, and strategic control systems. Prerequisites: ACC 3130, FIN 3150, MKT 2440 and QS 3550. Must be taken at Madonna University. 
         FIN 3150   Business Finance 3 s.h.  Study of the management of the financial affairs of a business enterprise in respect to planning and analysis of the financial decision making function. Topics include: time value of money, working capital management, leverage, ratio analysis, capital budgeting, capital structure decisions, dividend policy, and international financial management. Prerequisites: ACC 2020and ECN 2730. 
         MGT 3210   Operations Management 3 s.h.  A study of the organizational operations responsible for products, services, tasks and processes. Manufacturing and service operations are studied as linked, cross-functional, integrated, aimed at customer requirements, and designed to minimize waste. Prerequisites: CIS 2380, MGT 2360, MTH 2350, and QS 3550. 
         Required Choice    
            ACC 4050   Advanced Accounting 3 s.h.  Advanced accounting theory as it applies to partnerships, consolidated financial statements, bankruptcy, and international accounting. Prerequisite: ACC 3040. 
            ACC 4060   Government & Non-Profit Accounting 3 s.h.  Emphasis placed on in-depth analysis of accounting principles and procedures applicable to governmental units and non-profit organizations. Prerequisite: ACC 3040. 
      Foundation Courses        (18 s.h. to be chosen)    
         ACC 2010   Principles of Accounting I 3 s.h.  An introduction to the theory and concepts of financial accounting, including generally accepted accounting principles and issues as to classification, recognition, realization, measurement, and reporting. Emphasis on the accounting process, including preparation of basic financial statements and the accounting for and analysis of transactions affecting assets, selected liabilities, and equity. Prerequisites: MTH1050 or equivalent and CIS2380. 
         ACC 2020   Principles of Accounting II 3 s.h.  Continued study of the theory and concepts of financial accounting. Emphasis on accounting for and the analysis of transactions affecting selected liabilities, special topics, and types of entities. An introduction to managerial-cost accounting principles and techniques of analysis, including budgeting, cash flows, product and standard costing, short-term operational decisions, financial ratio analysis, and capital budgeting. Prerequisite: ACC 2010. 
         BL  3330   Business Law I 3 s.h.  Study of the law and the legal process as it relates to business and society. Emphasis on the law of contracts, sales under the U.C.C., negotiable instruments, secured transactions, and agency. Basic concepts of the law of crimes and torts, including products liabilities and performing legal research. Prerequisite: MGT 2360 or consent of instructor. 
         MGT 4950   Business Policy 3 s.h.  Capstone course for students with a major in Accounting, Business Administration, Financial Administration, International Business, Management, or Marketing: students bring to bear all the experience and knowledge of their study of business administration to analyze central problems of profit and not-for-profit enterprises and to apply strategic management in developing business policy. Case study approach. Prerequisites: all required Business core and major required courses. 
         MKT 2440   Principles of Marketing 3 s.h.  Study of marketing concepts, terminology, and applications, with special emphasis on the marketing mix relationships: e.g., product, price, promotion, and distribution. Introduction to the role and operation of marketing functions and their respective influence on the organization, both internally and externally. Prerequisites: ENG 1010 and 1020. Recommended prerequisite: ACC 2010 or equivalent. 
         QS  3550   Applied Business Statistics 3 s.h.  Applied study of computerized statistical analyses as they relate to general business operations. Statistical procedures include descriptive statistics, t-test, ANOVA, two-way ANOVA, chi-square, simple correlation. Case study methodology is heavily employed. A computerized data analysis project which uses a minimum of two statistical tests is required. Prerequisites: CIS2380, MTH 2350,and junior standing. 
      Required Support    
         CIS 2380   Introduction to Computers 3 s.h.  Study of the evolution of computers and the operating functions of the hardware, systems software, application software, data communications, and ethics of data storage and retrieval; exploration of the integration and application of information processing in the business environment and in the global society; hands-on experience with word processing, electronic spreadsheets, graphics, database management, and electronic mail. 
         ECN 2720   Principles of Microeconomics 3 s.h.  Theories of production and cost, demand, supply, competition, consumer behavior, and distribution of income. Prerequisite: MTH 1050. 
         ECN 2730   Principles of Macroeconomics 3 s.h.  Measurement and determination of economic activities and development, aggregate income, and employment. Emphasis on consumption, monetary policy, fiscal policy, taxes, government, investment, and expenditures. Prerequisites: ECN 2720 and MTH 1050. 
         MGT 2360   Principles of Management 3 s.h.  An introduction to the nature and principles of management; history, theories, practices, problems, and techniques; characteristics and qualities of managers; contemporary trends in management thought and practice. 
         MGT 3020   Organizational Behavior 3 s.h.  Analysis of group and individual behavior in the organization; analysis of social structures which affect management policies and procedures. Prerequisite: MGT 2360. 
         MTH 1050   Intermediate Algebra 4 s.h.  Second course in algebra, designed to help students develop appropriate skills with algebraic concepts and processes needed for later courses. Emphasizes problem solving, multiple representations of functions, and the use of a graphing calculator. Topics include linear, quadratic, rational, and logarithmic functions. Prerequisite: two years of high school algebra, MTH 1040, or placement test. Does not apply toward mathematics major or minor. 
         MTH 2350   Probability & Statistics 4 s.h.  Topics include data collection and graphic presentation; measures of central tendency; measures of dispersion; normal distribution; regression and correlation; sampling methods; design of experiments; probability and simulation; sampling distributions; statistical inference including confidence intervals and hypothesis testing for one-sample and two-sample problems. Prerequisite: two years of high school algebra within the last three years, or placement test, or MTH 1040. 
      Option Req For CPA Exam    
         ACC 4050   Advanced Accounting 3 s.h.  Advanced accounting theory as it applies to partnerships, consolidated financial statements, bankruptcy, and international accounting. Prerequisite: ACC 3040. 
         ACC 4060   Government & Non-Profit Accounting 3 s.h.  Emphasis placed on in-depth analysis of accounting principles and procedures applicable to governmental units and non-profit organizations. Prerequisite: ACC 3040. 
Accounting Minor    
   Required Courses    
      ACC 2010   Principles of Accounting I 3 s.h.  An introduction to the theory and concepts of financial accounting, including generally accepted accounting principles and issues as to classification, recognition, realization, measurement, and reporting. Emphasis on the accounting process, including preparation of basic financial statements and the accounting for and analysis of transactions affecting assets, selected liabilities, and equity. Prerequisites: MTH1050 or equivalent and CIS2380. 
      ACC 2020   Principles of Accounting II 3 s.h.  Continued study of the theory and concepts of financial accounting. Emphasis on accounting for and the analysis of transactions affecting selected liabilities, special topics, and types of entities. An introduction to managerial-cost accounting principles and techniques of analysis, including budgeting, cash flows, product and standard costing, short-term operational decisions, financial ratio analysis, and capital budgeting. Prerequisite: ACC 2010. 
      ACC 3030   Intermediate Accounting I 3 s.h.  An intermediate level examination of the basic accounting statements and underlying accounting principles. Topics include: present value concepts, current assets and liabilities, and tangible and intangible assets. Prerequisite: ACC 2020. 
      ACC 3400   Accounting Information Systems 4 s.h.  A study of fundamental principles of accounting and information systems data. Analysis related primarily to corporations and to cost accounting and management accounting topics encountered by accounting and computer personnel: design and control of systems for the origination, development, and use of accounting information systems, including an analysis of computer usage for accounting applications. Emphasis on the interrelationships among the components of an accounting system and the use of the personal computer in the maintenance and reporting of accounting information. Prerequisites: CIS 2380 and ACC 2010. 
      ACC 3580   Taxation I 3 s.h.  A study of the principles of taxation emphasizing the individual as a taxable entity. Included is a study of tax law as it pertains to inclusions in gross income, exclusions from gross income, and deductions available to the taxpayer. Prerequisites: ACC 2020 and BL 3330 or instructor’s consent. Must be taken at Madonna University. 
      BL  3330   Business Law I 3 s.h.  Study of the law and the legal process as it relates to business and society. Emphasis on the law of contracts, sales under the U.C.C., negotiable instruments, secured transactions, and agency. Basic concepts of the law of crimes and torts, including products liabilities and performing legal research. Prerequisite: MGT 2360 or consent of instructor. 
      MGT 2360   Principles of Management 3 s.h.  An introduction to the nature and principles of management; history, theories, practices, problems, and techniques; characteristics and qualities of managers; contemporary trends in management thought and practice. 
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