Major Description and Requirements

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 major include public accounting (independent auditing, income taxes), corporate accounting (managerial accounting/accounting for industrial or financial sector organizations, internal auditing), and governmental accounting. Specific upper division accounting courses will be recommended by the advisor based on the student’s career interests.

Accounting students are encouraged to pursue the designation of Certified Public Accountant (CPA), Certified Management Accountant (CMA), and/or the Certified Internal Auditor (CIA). Advisers will work with students to develop appropriate programs for students interested in these certifications. 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 (with an Accounting Concentration) in five years; completing a second major; taking two minors, one in Communications and the other in MIS, during the course of study at Millikin; or, pursuing a graduate degree following graduation from Millikin.

Requirements for the Major

In addition to the business core requirements, accounting majors must complete a minimum of 21 hours of accounting courses including Accounting 250, 301, 312, 402, 413, 422 and 331; students may also choose to take one or more of the following electives: Accounting 410 Governmental and Not for Profit Accounting, Accounting 420 International Accounting or Accounting 432 Entity Taxation.

Transfer students who have taken intermediate accounting at another institution, and who wish to take courses for which Accounting 250 is a prerequisite, will satisfy requirements either through examination or faculty decision.

Course Descriptions

New PACE Accounting Program availble for working adults. Check out the details: http://www.millikin.edu/pace/accounting.asp