Accountancy

Bachelor of Accountancy

The School of Business offers a program leading to the degree of Bachelor of Accountancy. The program prepares students for careers in public accounting, accounting within industry, and governmental accounting as outlined in the accountancy program mission statement shown below:

The mission of the USD accountancy program is to develop accountants – through the use of personalized, innovative teaching methods developed by faculty who are active in the production and dissemination of knowledge – who have the skills to compete in a diverse and fast-changing global professional environment.

The degree program allows students to select an option within the accountancy concentration that fits their career goals. These options allow students to acquire both accountancy skills and skills from specified business fields that are highly related to accountancy. Students should consult with an accounting faculty advisor about their career goals before selecting a concentration option.

The School of Business is accredited by the AACSB International – The Association to Advance Collegiate Schools of Business. The Bachelor of Accountancy program also holds AACSB accounting program accreditation.

Combined Bachelor of Accountancy/Master of Science in Accountancy or Bachelor of Accountancy/Master of Science in Taxation programs

Students may enroll in BACC/MACC or BACC/MTAX Combined Programs.  Students in these combined programs may receive up to 12 units of credit to double count toward both the BACC undergraduate and MACC/MTAX graduate degrees.  This double counting process is only applicable to students in a combined program.    If student should graduate with a BACC degree and return later for a MACC/MTAX degree then the student will not be able to retroactively double count these courses and would need to complete 30 semester hours to earn the MACC/MTAX degree.   

There are specific allowable double counting courses, which are listed in the Accountancy major section.  Prerequisites must be met in order to take these courses.  Permission to register for these specific cross-listed courses as a BACC only student must be approved by the Academic Director of Graduate Accountancy Programs.

Students interested in a combined Bachelor of Accountancy/Master of Science in Accountancy or Bachelor of Accountancy/Master of Science in Taxation programs should consult the Graduate Catalog for program details.

Professional Accountancy Examinations

Students in the Bachelor of Accountancy program should consult with an accounting faculty advisor about the courses to prepare for the Certified Public Accountant (CPA) Examination, the Certification in Management Accounting (CMA) Examination, graduate work in fields of study related to accountancy, or specific fields of government employment. 

The State Board of Accountancy requires the completion of 150 semester hours to take the CPA Examination.  The State Board of Accountancy will count any double counted course once as the State Board does not double count units posted to the two degrees.    That means if a student enrolls in a combined program and completes the full 12 hours of allowable double counting for his or her USD degrees, the student may only have 142 semester hours that could be counted toward the 150 hour requirement.    Please be aware of this as it is possible to complete both degrees as part of the combined program and the student may be up to 8 hours short of the 150 required semester hours to become a CPA in California.

Lower Division Preparation for the Major (19-23 units)

Lower-division requirements for the major are the completion of the following courses with a grade point average of 2.0 or better with no grade below C-.  Transfer courses must be C or better.

ACCT 201Principles of Financial Accounting3
ACCT 202Principles of Managerial Accounting3
ECON 101Principles of Microeconomics3-4
ECON 102Principles of Macroeconomics3
ECON 216Statistics for Business and Economics4
or ECON 217 Applied Regression Analysis
Must receive pre-approval to register for ECON 217.
ITMG 100Information Systems3
MATH 130Survey of Calculus3
or MATH 150 Calculus I

Accountancy Major (51 units)

The courses in the major serve two purposes:

  1. they give students a broad background in the major functional areas of business administration (i.e., a business component); and,
  2. they allow students to focus on the field of accountancy (i.e., an accountancy component).

Students in the Bachelor of Accountancy program must satisfy the USD core curriculum requirements as set forth in the catalog, Lower-Division Requirements for the major, the Professional Development Passport Program and all of the following major requirements:

Business Component (24 units)

DSCI 300Prescriptive Business Analytics3
DSCI 303Operations Management3
ETLW 302DBusiness and Society3
or PHIL 332 Business Ethics
ETLW 311Business Law I3
FINA 300Financial Management3
MGMT 300Organizational Behavior3
MGMT 490Strategic Management3
MKTG 300Fundamentals of Marketing3

Accountancy Component (27 units)

Students must complete the requirements of one of the following Accountancy Component options:

Option 1: Accountancy Option (27 units)

This option provides a primary emphasis in accountancy that is recommended for students who desire careers in public accounting and who plan on taking the Certified Public Accountant (CPA) Examination. This option is also recommended for students interested in industry related accounting careers where the Certificate in Management Accounting (CMA) is desirable.  Option 1 is designed to meet all the accounting course requirements necessary to become a CPA in California.   However, the BACC degree program will not provide the full 150 semester hours that are required to become California CPA.  Students will need to complete a master’s degree or will need to complete additional semester hours beyond the BACC degree to meet the 150 semester hour CPA requirement.  This option requires the following:

ACCT 300Intermediate Accounting I3
ACCT 301Intermediate Accounting II3
ACCT 302Cost Accounting3
ACCT 303Accounting Information Systems3
ACCT 306Federal Tax Accounting I3
ACCT 320Ethics for Accountants3
ACCT 401Advanced Accounting3
ACCT 407Federal Tax Accounting II3
ACCT 408Auditing3

Option 2: Accountancy and Supply Chain Management Combination (27 units)

This option provides a primary emphasis in accountancy and a secondary emphasis in Supply Chain Management. In particular, students interested in careers requiring both accountancy skills and supply chain management skills should consider this Bachelor of Accountancy degree program option. Note this option will not provide all the requirements to sit for the CPA exam in California. This option requires the following:

ACCT 300Intermediate Accounting I3
ACCT 301Intermediate Accounting II3
ACCT 302Cost Accounting3
ACCT 303Accounting Information Systems3
ACCT 306Federal Tax Accounting I3
BSCM 300Global Purchasing and Supply Management3
BSCM 302Introduction to Supply Chain Management3
Select one of the following ACCT elective courses:3
Ethics for Accountants
Advanced Accounting
Federal Tax Accounting II
Auditing
Select one of the following courses:3
Strategic Cost Management
Negotiation in a Global Business Environment
Any other BSCM prefixed course numbered above 303

Option 3: Accountancy and Finance/Real Estate Combination (27 units)

This option provides a primary emphasis in accountancy and a secondary emphasis in finance or real estate. In particular, students interested in careers requiring both accountancy skills and finance or real estate skills should consider this Bachelor of Accountancy degree program option. Note this option will not provide all the requirements to sit for the CPA exam in California. This option requires the following:

ACCT 300Intermediate Accounting I3
ACCT 301Intermediate Accounting II3
ACCT 302Cost Accounting3
ACCT 303Accounting Information Systems3
ACCT 306Federal Tax Accounting I3
Select one of the following ACCT elective courses:3
Ethics for Accountants
Advanced Accounting
Federal Tax Accounting II
Auditing
Select three of the following Finance/Real Estate elective courses:9
Commercial Bank Management
Investments
Derivatives
Advanced Corporate Finance
International Financial Management
Personal Finance
New Venture Finance
Financial Statement Analysis
Financial Modeling and Analytics
Special Topics
Principles of Real Estate
Financing Residential Real Estate
Commercial RE Fin & Investment
Legal Aspects of Real Estate
Commercial Real Estate Valuation
Real Estate Development
Special Topics

Option 4: Accountancy and Information Systems/Technology Combination (27 units)

This option provides a primary emphasis in accountancy and a secondary emphasis in information systems and technology. This combination is developed for accountancy students who are geared toward careers in public accounting, industry, or government where both accounting- and technology-based information systems skills and knowledge are required. In particular, students interested in careers requiring accountancy skills, information systems skills, and related information technology based skills should consider this Bachelor of Accountancy degree program option. Note this option will not provide all the requirements to sit for the CPA exam in California. This option requires the following:

ACCT 300Intermediate Accounting I3
ACCT 301Intermediate Accounting II3
ACCT 302Cost Accounting3
ACCT 303Accounting Information Systems3
ACCT 306Federal Tax Accounting I3
Select one of the following ACCT elective courses:3
Ethics for Accountants
Advanced Accounting
Federal Tax Accounting II
Auditing
Select three of the following ITMG elective courses:9
Business & Organizational Application Programming & Development
Database Design and Business Intelligence Implementation
Electronic Commerce
Introduction to Web Site Design
Management Information Systems
Computer Networks, Security, and Forensics
Interactive Mobile and Web Application Development
Special Topics

Grade Point Average Requirements and Transfer Restrictions

The 51 semester-hours taken within the business component courses and the selected accounting component option courses will be considered the major courses for the Bachelor of Accountancy program. Students must have a grade point average of 2.0 or better in these major courses with a minimum grade of C– in all of the 27 hours of the upper division major. Additionally, all classes taken within the selected accounting component option must be completed with a grade point average of 2.0 or better, with no individual course grade below C–.

The accounting major requires a minimum of 21 upper division units in the major be completed at USD. Students in the Bachelor of Accountancy program may transfer no more than two courses in upper division accounting to USD.

Recommended Program of Study Bachelor Of Accountancy

Freshman Year
Semester IHours
Preceptorial3
ECON 101Principles of Microeconomics3
MATH 115College Algebra3
CC or electives6-7
Semester II
ECON 102Principles of Macroeconomics3
ITMG 100Information Systems3
MATH 130
or 150
Survey of Calculus
Calculus I
3-4
CC or electives6-7
Sophomore Year
Semester I
ACCT 201Principles of Financial Accounting3
ECON 216Statistics for Business and Economics4
CC or electives9
Semester II
ACCT 202Principles of Managerial Accounting3
CC or electives12-13
FINA 300Financial Management3
MKTG 300Fundamentals of Marketing3
Junior Year
Semester I
ACCT 300Intermediate Accounting I3
ACCT 302Cost Accounting3
DSCI 300Prescriptive Business Analytics3
MGMT 300Organizational Behavior3
CC or electives3-4
Semester II
ACCT 301Intermediate Accounting II3
ACCT 303Accounting Information Systems3
ACCT 320Ethics for Accountants3
DSCI 303Operations Management3
ETLW 302DBusiness and Society3
CC or electives3-4
Senior Year
Semester I
ACCT 306Federal Tax Accounting I3
ACCT 401WAdvanced Accounting3
ETLW 311Business Law I3
CC or electives3-4
Semester II
ACCT 407Federal Tax Accounting II3
ACCT 408Auditing3
MGMT 490Strategic Management3
CC or electives3-4

Combined Bachelor of Accountancy/Master of Science in Accountancy or Bachelor of Accountancy/Master of Science in Taxation programs

Students may enroll in BACC/MACC or BACC/MTAX Combined Programs.  Students in these combined programs may receive up to 12 units of credit to double count toward both the BACC undergraduate and MACC/MTAX graduate degrees.  This double counting process is only applicable to students in a combined program.    If student should graduate with a BACC degree and return later for a MACC/MTAX degree then the student will not be able to retroactively double count these courses and would need to complete 30 semester hours to earn the MACC/MTAX degree.   

Courses that may double count are ACCT 430/MACC 530, ACCT 440/MACC 540, ACCT 460/MACC 560, ACCT 461/MACC 561, and ACCT 462/MACC 562.  In addition, ACCT 494/MACC 594 may double count if approved by the Academic Director of Graduate Accountancy Programs.  Pre-approved ACCT 494/MACC 594 courses are 'Accounting Analytics', 'Not for Profit Accounting', and 'Advanced Corporate Taxation'.  Double counted courses will count only as general electives for the bachelor's degree.  Prerequisites must be met in order to take these courses.  Permission to register for these specific cross-listed courses as a BACC only student must be approved by the Academic Director of Graduate Accountancy Programs.

Accounting Minor (18 units)

Required Courses (15 units)
ACCT 201Principles of Financial Accounting3
ACCT 202Principles of Managerial Accounting3
ACCT 300Intermediate Accounting I3
ACCT 301Intermediate Accounting II3
ACCT 302Cost Accounting3
Elective Courses (3 units)
ACCT upper-division courses3