The major in accounting, leading students to the bachelor of science degree, will prepare students for careers in public accounting, private industry, and government. In keeping with the work of the Accounting Education Change Commission, the program places appropriate emphasis on accounting theory and practice as well as the fundamental skills of problem solving, communicating, and critical thinking necessary for long-term success in the field of accounting.
Career objectives for the accounting graduate include public accounting (independent auditing, income taxes), corporate accounting (managerial accounting/accounting for industrial or financial sector organizations, internal auditing), and governmental accounting. The courses for the accounting major prepare students for each of these areas. Other upper division business courses will be recommended by the advisor based on the student’s career interests.
Accounting students are strongly encouraged to pursue the designation of Certified Public Accountant (CPA). Students wishing to pursue the CPA certification in the state of Illinois must complete 150 semester hours of college credit prior to sitting for the certification exam. To meet this requirement, students will have a range of options available to them.
These options may include:
- Completing the Fifth Year Program resulting in a bachelors degree and an MBA in five years
- Completing a second major, such as Information Systems or Finance
- Taking two minors, such as one in Communications and the other in IT,
- Pursuing a graduate degree following graduation from Millikin.
In addition to the business core requirements, accounting majors must complete a minimum of 26 hours of accounting courses including Accounting 301, 312, 331, 332, 411, 413, 422 and IS492 (Accounting Information Systems).
For transfer students who have taken Intermediate Accounting at a community college, and who wish to receive transfer credit for AC301 and AC212, a determination will be made by the Accounting Coordinator.