Department of Accounting Main Office Business Administration Building, 215 P.O. Box 13677 Denton, TX 76203-6677 (817) 565-3080 Fax: (817) 565-3803 Student Advising Office Business Administration Building, 216 (817) 565-3092 Frederick H. Wu, Chair Faculty Professors Boley, Clay, Coda, Coe, Copeland, Klammer, Koch, Mayper, Merino, Neeley, Raman, Wu. Associate Professors Boynton, Michaelsen, Morris, Price, Wilner. Assistant Professors T. Conover, Hunt, Trewin. Lecturers Mobus, Tolleson. Lecturer and Executive in Residence Philip. Introduction The Department of Accounting prepares individuals for careers as professional accountants. Programs of Study The department offers undergraduate and graduate programs in the following areas: -Bachelor of Science, -Master of Science, and -Doctor of Philosophy, all with a major in accounting; -Bachelor of Science with a major in accounting control systems; and -concentrations under the accounting major at the graduate level in audit and financial accounting, managerial accounting systems, organizations in the public sector, small-business perspective and taxation. The department offers a 154-semester-hour Bachelor of Science/Master of Science in accounting degree program for individuals seeking professional accounting careers in either the private or public sectors. The department also offers a 136-hour Bachelor of Science with a major in accounting control systems. Bachelor of Science with a Major in Accounting Control Systems The BS with a major in accounting control systems is a highly structured degree option that permits students to obtain an undergraduate accounting degree at the University of North Texas, as opposed to the combined bachelor's/master's professional accounting program. This degree is designed to meet the needs of certain industry and government employers who seek individuals with a strong basic education in business and accounting but without the degree of specialization provided by the BS/MS in accounting professional program. The degree requirements for the BS with a major in accounting control systems closely parallel the first three years of the BS/MS in accounting professional program. This permits the student to make a decision on which program to elect as late as the start of the senior year without penalty. The program is general in nature and does not provide specialization in any functional area of accounting. Students interested in careers as professional accountants in public accounting, industry or government should plan to earn the BS/MS with a major in accounting. Admission Requirements Refer to admission requirements listed under Bachelor of Science/Master of Science with a major in accounting. Degree Requirements The following requirements must be satisfied for a Bachelor of Science with a major in accounting control systems. 1. Hours for the Degree: A minimum of 136 semester hours. 2. General University Requirements: See "General University Requirements" and "University Core Curriculum Requirements" in the Academics section of this catalog, and "The Preprofessional Program" in this section of the catalog. 3. Business Foundation Requirements: See "Advanced Requirements (Accounting Courses)" in this section of the catalog. 4. Professional Field Requirements: See "Advanced Requirements (Accounting Courses)" in this section of the catalog. 5. Other Course Requirements: -At least one course at UNT in each of the following areas of accounting (a) financial accounting and theory, (b) cost/managerial accounting, (c) accounting systems, (d) taxation, and (e) auditing. -A grade of C or above in each advanced accounting courses included in the program. 6. Other Requirements: -A GPA of 2.5 or above on all work included in the program. -A GPA of 2.5 or above on all UNT work included in the program. -A GPA of 2.5 or above on all advanced accounting courses included in the program. -A GPA of 2.5 or above on all UNT advanced accounting courses included in the program. The Preprofessional Program The first 67 semester hours consist of the following. -English, 12 hours: ENGL 1310, 1320 or 2700, 2210, 2220 -Mathematics, 6 hours: MATH 1100 and 1190, or 1650 and 1710, or 1710 and 1720, or 1720 and 3 hours of approved electives (Note 1) -U.S. History, 6 hours: HIST 2610 and 2620 -Political Science, 6 hours: PSCI 1040 and 1050 -Economics, 6 hours: ECON 1100 and 1110 -Communication Studies, 3 hours: COMM 1010 (Note 1) -Laboratory Science, 8 hours -Accounting, 6 hours: ACCT 2010 and 2020 -Computer Information Systems, 3 hours: BCIS 2610 or more advanced course (Note 1) -Wellness Education, 2 hours: PHED 1000 or DANC 1100 (3 hour course) (Note 1) -Visual and Performing Arts, 3 hours* -Understanding of Ideas and Values, 6 hours to be selected from at least two of the following groups: I. Social Sciences and Philosophy* II. Crosscultural and Global Studies* III. Diversity in the United States* * See "University Core Curriculum Requirements" in the Academics section of this catalog for lists of approved courses. (Note 1) Core Competencies and Requirements - The minimum competencies in Reading and Critical Thinking are demonstrated by successful completion of the TASP test. Competence in Computer Use, Oral Presentation, Writing and Information Access, Mathematics, and Wellness Skills must be satisfied by course credit as specified in the Preprofessional Program. The Preprofessional Program requires specific courses contained in parts of the University Core Curriculum (See Academics section of this catalog) to satisfy particular degree requirements. Students may consult program advisers for a list of required courses. Students may be required to take extra courses if they fail to take these courses. Advanced Requirements Business Foundation, 27 Hours -Communication, 3 hours: 3330 -Statistics, 6 hours: MSCI 3700 and 3710 -Computer Information Systems, 3 hours: BCIS 3610 or 3620 -Finance, 3 hours: FINA 3770 -Management, 3 hours: MGMT 3820 -Marketing, 3 hours: MKTG 3650 -Law, 3 hours: BLAW 3430 -Business Policy, 3 hours: BUSI 4940 (all business administration foundation courses must be completed prior to taking this course; senior standing required; must be taken during the last semester of course work) Accounting Courses, 24 Hours -Accounting Systems, 3 hours: ACCT 3100 -Financial Accounting, 6 hours: ACCT 3110 and 3120 -Cost/Managerial Accounting, 3 hours: ACCT 3270 -Taxation, 3 hours: ACCT 4300 -Auditing, 3 hours: ACCT 4400 -Approved accounting electives, 6 hours -Economics, 6 hours: advanced; Organizational Behavior, 3 hours: advanced; Business Law, 3 hours: BLAW 4430; International Business, 3 hours: chosen from FINA 4500, BUSI 4660, MKTG 4280, BLAW 4480, ECON 4850; plus 3 hours of non-accounting approved electives Bachelor of Science and Master of Science with a Major in Accounting The combined Bachelor of Science and Master of Science with a major in accounting is a 154-semester-hour program designed to provide an appropriate base of knowledge for entry into the accounting profession, as well as a broad-based general educational background. Students awarded the Master of Science with a major in accounting are simultaneously awarded the Bachelor of Science with a major in accounting. (The Bachelor of Science with a major in accounting is not awarded separately.) Students who earn these degrees complete an educational program consistent with recommendations of professional accountants and accounting educators, and are prepared for entry into careers as professional accountants - either as public accountants or as management accountants, or internal auditors within either the public or private sector. Continuation Requirements Undergraduate students who complete the Preprofessional program with a GPA of 2.5 or better are admitted automatically to the undergraduate portion of the professional program. Students who have at least 60 hours of college credit but who lack credit in certain courses in the Preprofessional program may be admitted provisionally with deficiencies. Students granted such provisional admission must proceed immediately to remove the deficiencies. In addition to the departmental graduate admission requirements, a student must have a minimum overall program GPA of 2.8 and a minimum accounting GPA of 3.0 in order to be admitted to the MS-Accounting. Students seeking admission who already hold a baccalaureate or higher degree should see the Graduate Catalog for information regarding the one-year (36-hour) Master of Science with a major in accounting program. The final decision regarding admission to the Master of Science with a major in accounting program rests with the Department of Accounting. Degree Requirements The following requirements must be satisfied for a Bachelor of Science/Master of Science with a major in accounting. 1. Hours for the Degree: A minimum of 118 semester hours. 2. General University Requirements: See "General University Requirements" and "University Core Curriculum Requirements" in the Academics section of this catalog, and "The Preprofessional Program" in this section of the catalog. 3. Business Foundation Requirements: See "Professional Program Requirements" in this section of the catalog. 4. Professional Field Requirements: See "The Professional Program (undergraduate/graduate accounting courses)" in this section of the catalog. 5. Other Course Requirements: -Completion of at least 36 semester hours of graduate work. -At least one course at UNT in each of the following areas of accounting (a) financial accounting and theory, (b) cost/managerial accounting, (c) accounting systems, (d) taxation, and (e) auditing. -At least 15 semester hours in 5000-level accounting courses at UNT. 6. Other Requirements: -A GPA of 3.0 on all work taken beyond the 90th semester hour of credit. -A GPA of 3.0 on all accounting courses taken at UNT after admission to the School of Graduate Studies. -A GPA of 3.0 on all accounting courses taken for graduate credit. The Preprofessional Program The first 67 semester hours consist of the following. -English, 12 hours: ENGL 1310, 1320 or 2700, 2210, 2220 -Mathematics, 6 hours: MATH 1100 and 1190, or 1650 and 1710, or 1710 and 1720, or 1720 and 3 hours of approved electives (Note 1) -U.S. History, 6 hours: HIST 2610 and 2620 -Political Science, 6 hours: PSCI 1040 and 1050 -Economics, 6 hours: ECON 1100 and 1110 -Communication Studies, 3 hours: COMM 1010 (Note 1) -Laboratory Science, 8 hours -Accounting, 6 hours: ACCT 2010 and 2020 -Computer Information Systems, 3 hours: BCIS 2610 or more advanced course (Note 1) -Wellness Education, 2 hours: PHED 1000 or DANC 1100 (3 hour course) (Note 1) -Visual and Performing Arts, 3 hours* -Understanding of Ideas and Values, 6 hours to be selected from at least two of the following groups: I. Social Sciences and Philosophy* II. Crosscultural and Global Studies* III. Diversity in the United States* * See "University Core Curriculum Requirements" in the Academics section of this catalog for lists of approved courses. (Note 1) Core Competencies and Requirements - The minimum competencies in Reading and Critical Thinking are demonstrated by successful completion of the TASP test. Competence in Computer Use, Oral Presentation, Writing and Information Access, Mathematics, and Wellness Skills must be satisfied by course credit as specified in the Preprofessional Program. The Preprofessional Program requires specific courses contained in parts of the University Core Curriculum (See "University Core Curriculum Requirements" in the Academics section of this catalog) to satisfy particular degree requirements. Students may consult program advisers for a list of required courses. Students may be required to take extra courses if they fail to take these courses. The Professional Program The 90 hours making up the professional program are subject to the prior approval of an accounting adviser. Courses include the following. Business Foundation, 24 Hours -Communication, 3 hours: MGMT 3330 -Statistics, 6 hours: MSCI 3700 and 3710 -Computer Information Systems, 3 hours: BCIS 3610 or 3620 -Finance, 3 hours: FINA 3770 -Management, 3 hours: MGMT 3820 -Marketing, 3 hours: MKTG 3650 -Business Law, 3 hours: BLAW 3430 Other Courses, 9 Hours -Nine hours selected from: Economics, 6 hours: advanced; Organizational behavior, 3 hours: advanced; Business Law, 3 hours: BLAW 4430 Undergraduate Accounting Courses, 18 Hours -Accounting Systems, 3 hours: ACCT 3100 -Financial Accounting, 6 hours: ACCT 3110 and 3120 -Cost/Managerial Accounting, 3 hours: ACCT 3270 -Taxation, 3 hours: ACCT 4300 -Auditing, 3 hours: ACCT 4400 Graduate Accounting and Required Courses, 36 Hours Note: The student must be admitted to the Toulouse School of Graduate Studies before registering for these courses. The student should take the Graduate Management Admissions Test (GMAT) after completing approximately 90 semester hours of credit and prior to the semester during which the undergraduate program of 118 semester hours is completed. As soon as the test results are available, the student should contact the Professional Programs Office of the Department of Accounting regarding application to the graduate school. The 36-hour program varies with the concentration chosen. However, a minimum of 15 hours of 5000-level accounting courses must be taken. General requirements include the following. -ACCT 5150, Development of Accounting Theory -Accounting Concentration, 15 hours -BUSI 5190, Administrative Strategy -Approved Electives, 15 hours At present, the department offers concentrations in the following. -Audit and Financial Accounting -Managerial Accounting Systems -Organizations in the Public Sector -Small-Business Perspective -Taxation Detailed information on requirements of each concentration is available from the Professional Programs Office in the Department of Accounting. Students with areas of interest not represented above are invited to consult with an accounting faculty adviser. Graduate Degrees The department offers degree programs leading to the Master of Science with a major in accounting and Doctor of Philosophy with a major in accounting. Courses of Instruction All Courses of Instruction are located in one section at the back of this catalog.