Business Degrees
USAO's business degrees combine the practical procedure of the discipline with the people-oriented aspect of the liberal arts. Business students here find an emphasis on such areas as effective evaluation of factual information, working efficiently with others, the promotion of moral and ethical values within the business community, and sound and creative decision making.
The Bachelor of Science degree is offered in Accounting, Business Administration, Economics, and Management. In addition, Teacher Certification is offered in Business Administration.
As an alternative to the B.S. degree, students may pursue a short course in business to prepare for office positions. USAO offers a One-Year Certificate Program (40 credit hours) and a Two-Year Certificate program (64 credit hours). The training is designed to enable students to become general office workers, typists, stenographers, secretaries, and bookkeepers. After completing the certificate requirements, students may transfer to a degree program. All degree requirements must be satisfied.
All students in any of the four business degree programs are required to take the following core:
Required Business Core (24 hours):
| Course | Title | Hours Required |
| ACCT 2103 | Principles of Accounting I | 3 |
| ACCT 2203 | Principles of Accounting II | 3 |
| BADM 3103 | Business Law I | 3 |
| BADM 3223 | Business Communications | 3 |
| ECON 2113 | Principle of Economics I | 3 |
| ECON 2123 | Principle of Economics II | 3 |
| MGMT 3253 | Principles of Management | 3 |
| and | ||
| MATH 2203 | Elementary Statistics | 3 |
Business majors cannot declare a minor in any business area.
Bachelor of Science in Accounting
Required Business Core (24 hours), plus
Required Business Electives (21 hours):
| Course | Title | Hours Required |
| ACCT 4103 | Intermediate Accounting I | 3 |
| ACCT 4113 | Intermediate Accounting II | 3 |
| ACCT 4443 | Auditing | 3 |
| BADM 3113 | Business Law II | 3 |
+ 9 hours of accounting electives (3000- and 4000-level courses only) chosen in consultation with advisor.
Minor in Accounting
18 hours to be selected with approval of discipline chair; minor not available to
business majors.
COURSE LISTINGS in ACCOUNTING
2103 PRINCIPLES OF ACCOUNTING I
Study of fundamental concepts of accounting, including accounting
principles, compilation and analysis of basic financial statements, and analysis and
accounting techniques related to individual financial statement items. 3 hours.
2203 PRINCIPLES OF ACCOUNTING II
Continuation of study of fundamental concepts of accounting, with
introduction to corporate and partnership accounting; emphasis on managerial
accounting and the analytical and decision-making aspects of accounting. 3 hours.
Prerequisites: ACCT 2103.
2880 SPECIAL TOPICS
Special topics in accounting. 1-4 hours (may be repeated for total of 6 hours).
2900 WORKSHOP
Guided study in accounting under faculty supervision; topics and methods
of instruction may vary. 1-4 hours (may be repeated for total of 6 hours
with change in title and topic).
2990 TUTORIAL
Independent study in accounting under faculty supervision. 1-4 hours (may
be repeated for total of 9 hours with change in title and content).
3323 GOVERNMENTAL ACCOUNTING
Characteristics of governmental and nonprofit organizations at various
levels. Budgetary accounts, revenue collections, fund concepts, financial reports,
types of funds, and new concepts in reporting. 3 hours. Prerequisites: ACCT
2103 and ACCT 2203.
3453 INCOME TAX ACCOUNTING I
Individual income taxations, returns, rates, exceptions, excludible and
includible income, basis, capital gains and losses, deductions for adjusted gross
income, itemized deductions, standard deductions and other areas of individual taxation.
3 hours. Prerequisites: ACCT 4103 and ACCT 4113.
4103 INTERMEDIATE ACCOUNTING I
Financial statements; problems involved in the measurement of business
and periodic progress; contemporary accounting problems. 3 hours.
Prerequisite: ACCT 2203.
4113 INTERMEDIATE ACCOUNTING II
Continuation of ACCT 4103. 3 hours. Prerequisite: ACCT 4103.
4223 COST ACCOUNTING
Basic principles of process and job lot cost accounting. 3 hours. Prerequisite:
ACCT 2203.
4343 ADVANCED ACCOUNTING I
Partnerships and joint ventures; installment sales; consignments;
consolidated financial statements. 3 hours. Prerequisite: ACCT 4113.
4353 ADVANCED ACCOUNTING II
Price-level changes; statements of affairs; receiverships, estates and
trusts; government accounting. 3 hours. Prerequisite: ACCT 4113.
4363 ADVANCED ACCOUNTING THEORY
Concepts and procedures of financial accounting stated in releases of
American Institute of Certified Public Accountants, American Accounting Association,
and Securities and Exchange Commission. 3 hours. Prerequisites: ACCT 4343
and ACCT 4353.
4443 AUDITING
Standards and procedures, professional ethics, legal responsibilities, and
audit programs and reports. 3 hours. Prerequisite: ACCT 4113.
4453 INCOME TAX ACCOUNTING II
Study of advanced taxation problems; special emphasis on partnership
and corporation returns, inventories; theory of taxation; installment sales;
declarations; assessments; refunds. 3 hours. Prerequisites: ACCT 4103 or ACCT 4113.
4880 SPECIAL TOPICS
Special topics in accounting. 1-4 hours (may be repeated for total of 6 hours).
4900 WORKSHOP
Guided study in accounting under faculty supervision; topics and methods
of instruction may vary. 1-4 hours (may be repeated for total of 6 hours
with change in title and topic).
4990 TUTORIAL
Independent study in accounting under faculty supervision. 1-4 hours (may
be repeated for total of 9 hours with change in title and content).