Accounting is more than just keeping the books. It’s the language of business.

Speaking this language—using numbers to understand a company’s current situation and predict its future—gives you a competitive advantage in all sorts of careers. That’s why the chief financial officers of major corporations typically have accounting backgrounds. And the demand for accountants is growing.

 
 

AACSB Accredited logoThe Barney Barnett School of Business and Free Enterprise at Florida Southern College has taken its place among the most respected university business schools in the world by earning accreditation from AACSB International – The Association to Advance Collegiate Schools of Business.

Top Reasons to Choose FSC For Accounting

  • Accreditation by AACSB is a mark of excellence in business education, earned by less than 5 percent of the world’s business programs.
  • The FSC accounting program is tailored to the individual. There are small classes with personal attention and engaged learning techniques that enhance student learning. Florida Southern College is one of the few schools in the state with a CPA Review program, and offers a discounted price to recent graduates.
  • Relationships with professors extend beyond the classroom and beyond graduation. We continue to provide graduates with professional and career guidance.
  • All full-time accounting professors hold multiple professional certifications and draw on extensive experience in industry, government, and non-profit organizations.
  • You’ll gain exposure to all areas of accounting—financial, tax, cost/managerial, auditing, information systems, and forensics.

Our program will teach you to evaluate financial records and identify the factors that drive an organization and its profits. At the same time, you’ll gain experience in the broader business environment and learn firsthand how accounting principles and procedures impact it.

Engaged Learning in the Classroom

  • Get hands-on experience preparing individual tax returns. At the end of your course on income tax, you’ll be a certified VITA volunteer.
  • Study cost accounting by performing business simulations in which your team makes financial, marketing, and financing decisions to turn around a struggling manufacturer.
  • Gain experience using ACL auditing programs, which allows you to run audit simulations and master the software used extensively in the profession.

Course Information

By majoring in accounting at FSC, you’ll take courses that cover every aspect of the profession as well as general business courses that broaden your perspective. You’ll study:

  • Financial accounting
  • Cost accounting
  • Income Tax
  • Auditing
  • Accounting information systems

Get complete descriptions of all our Accounting courses  

Internships

Our students have interned with a number of employers, such as:

  • Florida State Attorney’s Office
  • PricewaterhouseCoopers (including an internship in Saudi Arabia)
  • Securities and Exchange Commission
  • NASA
  • Area CPA firms and businesses
  • KPMG Peat Marwick

Allen and Company FSC’s extensive internship program is designed to maximize your learning and give you the experience you need to launch your career.

Special Features

Our faculty are CPA’s with significant practical experience, including active tax practices, former experience with major accounting firms, and fraud investigation.

Network with professionals at meetings of the Florida Institute of CPAs, the Institute of Management Accountants, and the Association of Certified Fraud Examiners.

Comprehensive course offerings include forensic accounting as well as courses in tax, cost accounting, and auditing.

Our accounting program prepares a student to complete the 150-hour academic requirement to become a CPA, and includes a CPA Review Course to help you prepare for the exam.

 

CPA Licensure

Completion of the B.S. (bachelor’s degree) in Accounting and the MAcc (Master of Accountancy degree) will prepare the student for CPA licensure, including 150 hours of academic credit.*

* Please note: A student who desires to be licensed as a CPA in the State of Florida will also need to pass the CPA Exam and to complete one year of supervised experience.

 

Scholarships

Several scholarships are available specifically for qualified accounting majors at FSC. These include:

  • FICPA Educational Foundation Scholarship
  • Polk County Chapter FICPA Scholarship
  • Scott Duda Memorial Scholarship
  • Community Foundation of Tampa Bay
  • Association of Certified Fraud Examiners Tampa Bay Chapter Scholarship


 

Program Requirements

In keeping with FSC’s mission of educational excellence and engaged learning, you will benefit from general education courses and elective courses along with your accounting coursework.

Accounting Major Requirements

Major Requirements

A. General Education Requirements 40 hours
B. Major Requirements 64 hours
ACC 2111 Foundations of Financial Accounting
ACC 2112 Foundations of Managerial Accounting
ACC 3111 Financial Accounting I
ACC 3112 Financial Accounting II
ACC 3211 Cost Accounting
ACC 4411 Federal Taxation
ACC 4511 Auditing
BUS 1115 Business and Society
BUS 2217 Principles of Management
BUS 3160 Marketing Principles
BUS 3311 Legal Environment of Business
BUS 3320 Applied Statistics of Business and Economics
BUS 3453 Managerial Finance
BUS 4999 Seminar in Strategic Management of the Business Enterprise
ECO 2205 Principles of Microeconomics
ECO 2207 Principles of Macroeconomics
C. Bachelor of Science Degree Requirements 12 hours
D. Electives 8 hours
E. Total 124 hours

For a complete listing of requirements, please refer to the
Academic Catalog  

Minor in Accounting

18 hours, including ACC 2111, ACC 2112, ACC 3111, ACC 3211 and any other accounting course(s) to complete the required number of hours

 

Course Descriptions

Accounting

ACC 2111 FOUNDATIONS OF FINANCIAL ACCOUNTING
Four hours. To understand accounting for corporations. Gen Ed: Qn

ACC 2112 FOUNDATIONS OF MANAGERIAL ACCOUNTING
Four hours. Prerequisite: ACC 2111. Managerial accounting and analysis. Gen Ed: Qn

ACC 3111 FINANCIAL ACCOUNTING I
Four hours. Prerequisite: ACC 2112. A detailed study in the conceptual framework of accounting, the development of generally accepted accounting principles, the preparation of financial statements, the determination of income, and the procedures related to accounting for assets and liabilities.

ACC 3112 FINANCIAL ACCOUNTING II
Four hours. Prerequisite: ACC 3111. Required in the Accounting major. A detailed study of the procedures related to accounting for stockholders’ equity, earnings per share, pensions, leases, income recognition, preparation of the statement of cash flows, accounting for income taxes, and accounting for consolidations.

ACC 3211 COST ACCOUNTING
Four hours. Prerequisites: ACC 2112, computer competency. A study of cost accounting for manufacturing and non-manufacturing entities, covering cost terminology and concepts. Cost accounting systems including activity-based costing and differential costs for decision-making purposes are studied.

ACC 4411 FEDERAL TAXATION
Four hours. Prerequisite: ACC 2112 or permission of the faculty. A study of concepts of federal income taxation for individuals. Includes an introduction to the procedures for tax research.

ACC 4511 AUDITING
Four hours. Prerequisites: ACC 3112 or permission of the instructor. Required in the Accounting major. An examination of all aspects of auditing, including auditing standards, accepting and planning the audit, evaluating internal controls, verifying account balances and financial statement assertions, reporting on audited financial statements, and the legal liabilities and ethical responsibilities of auditors.

ACC 4715 INTERNATIONAL ACCOUNTING
Four hours. Prerequisite: ACC 2112. A detailed study of the standards and procedures related to accounting for international organizations, including the differences and similarities in reporting amongst countries, particular issues of analyzing foreign financial statements, and the current issues in the development of international auditing standards and reporting standards.

ACC 4960/4961 ACCOUNTING INTERNSHIP
Two to four hours. Prerequisites: Junior standing; permission of the instructor; minimum 3.0 GPA. Correlating theory and accounting practices in two operational settings; supervision by cooperating practitioners and faculty in several areas of application.

Business Administration

BUS 1115 BUSINESS AND SOCIETY
Four hours. A survey course designed for taking a first look at business in society. An interdisciplinary systems approach is used to explore the nature of business and its role in society emphasizing several business disciplines in the overall context of the enterprise. Ethics and values are emphasized, and the interfaces of business with its environment, the issues of work, careers, and the parameters for success in life are explored. The development of basic business related vocabulary is used to understand and interpret business news and information. This course may not be taken after earning credit for upper-level business core classes.

BUS 2217 PRINCIPLES OF MANAGEMENT
Four hours. Concepts, principles, and functions of management applicable to all types of organizations; different managerial styles.

BUS 3160 MARKETING PRINCIPLES
Four hours. Prerequisites: ECO 2205 (Interdisciplinary majors/minors are eligible for prerequisite substitutions or waivers). Marketing principles, functions, organizations, methods, and problems involved in the exchange process known as marketing; a managerial perspective that revolves around the marketing concept and the marketing mix. Gen Ed: Ql

BUS 3311 LEGAL ENVIRONMENT OF BUSINESS
Four hours. Introduction to commercial, property, administrative, constitutional and liability law, and the American court system, with special emphasis on how it affects people in business. Students will engage in evaluation, analysis, and application of legal doctrines to business and personal situations.

BUS 3320 APPLIED STATISTICS OF BUSINESS AND ECONOMICS
Four hours. Same as ECO 3320. Prerequisites: MAT 2022 or its equivalent or permission of the instructor. Mathematical statistical tools for managerial analysis, research, and decision making, data collection and presentation, multivariable hypothesis testing, regression analysis, time series analysis, forecasting, decision analysis, inventory management, modeling and simulation, and project management. Gen Ed: Qn

BUS 3453 MANAGERIAL FINANCE
Four hours. Prerequisites: ACC 2112 and ECO 2205 and ECO 2207. Planning and controlling sources and uses of a firm’s funds. Includes capital budgeting, dividend policies, determination of optimal capital structure, and internal vs. external financing of expansion.

BUS 4999 SEMINAR IN STRATEGIC MANAGEMENT OF THE BUSINESS ENTERPRISE
Four hours. Same as ECO 3320. Prerequisites: Senior standing, all other courses in the major, and successful completion of coursework that satisfies Effective Communication SLOs A and B. The capstone course of the business administration major. The course integrates knowledge of all business disciplines from other courses. Uses case studies and team-based projects to identify problems and formulate strategic policies that shape the destiny of organizations. The course emphasizes analysis, decision-making, and implementation of business strategies. Gen Ed: EC-C

Economics

ECO 2205 PRINCIPLES OF MICROECONOMICS
Four hours. Consumer behavior and aggregation to markets, Producer behavior, theory of the firm, and aggregation to markets analysis: production and pricing of goods, factors of production and their attendant input markets and distribution of output, elasticities and incidence of a tax.

ECO 2207 PRINCIPLES OF MACROECONOMICS
Four hours. National income and product accounts; theory of aggregate supply and demand, employment, consumption, investment, price level, economic growth, money, currency exchange, the Federal Reserve, interest rates, and comparative economic systems.