The accounting major is designed to prepare students for careers in private and public accounting or for graduate study. Transfer students must take at least 15 credit hours of regular classroom coursework in the department at Simpson College. A student may not major in both accounting and management but may minor in management.

B.A. Degree Requirements for an Accounting Major:

Major course requirements, 60 hours
Cornerstone requirements, 28 (beyond those satisfied by a major requirement)
Writing competency (Eng 102), 3
Mathematics competency, (Math 110), 0
Elective or minor requirements, 42
Total credits: 128 hours

Accounting Course Descriptions

Courses required for major:

___Acct 251 Principles of Accounting I, 3 hours
___Acct 252 Principles of Accounting II, 3
___Acct 253 Accounting Information Systems I, 3
___Acct 341 Intermediate Accounting I, 3
___Acct 342 Intermediate Accounting II, 3
___Acct 343 Intermediate Accounting III, 3
___Acct 353 Cost Accounting, 3
___Acct 354 Individual Taxation, 3
___Acct 356 Advanced Accounting, 3
___Acct 358 Auditing, 3
___Econ 101 Macroeconomic Principles, 3
___Econ 102 Microeconomic Principles, 3
___Econ 339 Corporation Finance, 3
___Magt 131 Management Concepts, 3
___Magt 231 Business Law I, 3
___Magt 232 Business Law II, 3
___Magt 333 Organization and Behavior, 3
___Math 201 Elementary Statistics (Take as Econ 201), 3
___Any ethics course in the Department of Philosophy & Religion, 3
___Electives: Any other 300-level Accounting courses, 3

Total hours in major, 60

ACCOUNTING MINOR
Courses required for minor:

___Acct 251 Principles of Accounting I, 3 hours
___Acct 252 Principles of Accounting II, 3
___Acct 253 Accounting Information Systems I, 3
___Acct 341 Intermediate Accounting I, 3
___Acct 342 Intermediate Accounting II, 3
___One other Accounting Elective, 3

Total hours in minor, 18 hours

*All prerequisites must be taken to achieve the minor designation. This may result in more that 18 hours of course credits to fulfill the minor.

Simpson College requires students to complete at least 128 semester hours of coursework prior to graduation. Students who graduate with a major in Accounting may apply to take the Certified Public Accounting (CPA) exam in Iowa. Upon acceptance, students may sit for the CPA exam; however, students who pass the Iowa exam must have accumulated a total of 150 semester hours of college credit and public accounting experience before they will be awarded a CPA certificate. This requirement exceeds the Simpson College graduation requirements for Accounting majors by 22 hours. Students may complete the 150 hours in four years at Simpson, in more than four years at Simpson, or in a master’s program at another institution. Students age 25 and above may use the Life Experience Portfolio process to help satisfy this requirement. The department has completed articulation agreements with other institutions to ease the transfer process and reduce graduate level requirements. Discuss options and alternatives with an advisor or an Accounting professor.