Accounting

An Accounting major prepares the student for professional service in either public or private accounting or for graduate study. A student planning a career in public, private, or not-for-profit accounting is encouraged to prepare for the examination leading to becoming a Certified Public Accountant (CPA) or Certified Management Accountant (CMA) and to investigate the requirements for issuance of the certificates in the state of one's choice.

Students must complete 150 credit hours to take the Certified Public Accounting (CPA) exam. The additional hours can be completed using CLEP exams, taking additional undergraduate courses, or completing a master’s program such as the one available through Missouri State University.

Program Learning Outcomes

In addition to the Core Business Program Outcomes, the following Program Learning Outcomes have been established by Evangel faculty to define the areas of knowledge and skills that students graduating from this major degree program should have developed:

Outcome 1: GAAP

Apply core accounting concepts and demonstrate technical competence through the application of Generally Accepted Accounting Principles (GAAP) for: for profit, not for profit, and state and local government organizations. 

Outcome 2: Tax Law 

Prepare tax returns and documents based on an accurate understanding of tax laws. 

Outcome 3: Auditing 

Discuss auditing theory, procedures and risk analysis. 

Outcome 4: Technologies 

Demonstrate knowledge of, and the essential ability to respond to change in the world of digital tools and technologies as it relates to the accounting profession. 

Outcome 5: CPA 

Demonstrate readiness to work in the field of accounting and meet the accounting-specific educational requirements needed to take the CPA exam. 

Degrees and Certificates

Classes

ACCT 231 : Financial Accounting

Discusses the basic principles of accounting including analysis and recording of business transactions, controlling accounts, journalizing, posting, adjusting entries, closing entries, statement preparation, partnerships and corporations, accounting for taxes, costs, and branches.

Credits

3

ACCT 232 : Managerial Accounting

Expands concepts from ACCT 231 with an emphasis on the use of accounting data for purposes of decision-making, particularly as it relates to budgeting, forecasting, strategies, planning, and capital expenditures in the business environment.

Credits

3

Prerequisites

ACCT 231.

ACCT 233 : Accounting Software Applications

Explains the extensive applications of QuickBooks software for small business accounting including the creation of a chart of accounts, recording customer and vendor transactions, processing payroll, printing reports, application of budget concepts, utilization of the QuickBooks audit trail, and exporting to Excel software.

Credits

3

Prerequisites

ACCT 231.

ACCT 239 : Spreadsheet Applications

Explains the use of the microcomputer with Excel and Access data base software to solve various problems presented in accounting courses.

Credits

3

Prerequisites

ACCT 231 recommended.

Corequisites

ACCT 232.

ACCT 315 : Accounting Information Systems

Examines the development and use of management and computer information systems supporting the vision and operation of organizations including topics about knowledge management, system development and evaluation, emerging trends, organizational communication, and the ethical use of information systems.

Credits

3

ACCT 331 : Intermediate Accounting I

Explains accounting topics about cash, receivables, installment sales, consignments, inventories, plant and equipment, intangibles, investments, annuities, bonds, liabilities, fund and reserves, stockholders' equity, and profit and loss analysis.

Credits

4

Prerequisites

ACCT 232.

ACCT 332 : Intermediate Accounting II

Further explains concepts introduced in ACCT 331 with inclusion of income statement, balance sheets, and the cash flow statement.

Credits

4

Prerequisites

ACCT 331.

ACCT 336 : Cost Accounting

Explains cost accounting emphasizing accounting for materials, labor costs, manufacturing expenses, job order, and process cost systems and each factor's role in assisting management in planning and controlling.

Credits

3

Prerequisites

ACCT 232.

ACCT 339 : Forensic Accounting

Provides students with knowledge in forensic accounting regarding challenges facing businesses today, including fraud. This course examines fraud perpetrated against and organization through the misappropriation of assets, as well as management fraud by top management through misrepresentations on financial statements.

Credits

3

ACCT 350 : Data Analytics for Accounting

Provides the student with an understanding of accounting data analytics, including learning how to conduct analysis using Excel and Tableau and exposing them to software tools that they will continue to use throughout their careers. The course will focus on building critical thinking skills, from learning what questions to ask through interpreting and presenting the results. Topics covered include learning the accounting data types and how they are used, preparing data for analysis, and performing descriptive, diagnostic, predictive, and prescriptive analytics

Credits

3

ACCT 394 : Free Enterprise

Provides application opportunities to students about small business operations models including analysis and practice of financial, management, and marketing principles through business partnerships.

Credits

0.5

ACCT 420 : Financial Reporting and Analysis

Intended to help students master financial statement analysis by analyzing the financial statement of real-world companies. Topics include using a variety of tools and ratios to analyze risk and profitability, preparing forecasted financial statements, and translating foreign financial statements.

Credits

3

Prerequisites

ACCT 239, 332, and 315.

ACCT 435 : Business Ethics

Examines ethical concepts applied in the business environment through historical and philosophical perspectives of values in American business and multinational contexts. Through an emphasis on professional conduct and enforcement actions, this course meets ethics requirements for professional certifications for the CPA profession.

Credits

3

ACCT 442 : Auditing

Discusses auditing theory, practice, and procedure as applied by independent accountants and internal auditors, the development of audit programs, and the ethics of the profession.

Credits

3

Prerequisites

ACCT 332.

ACCT 444 : Federal Income Tax Accounting I

Discusses federal tax laws and accounting principles involved, with special emphasis upon income taxes for individuals, partnerships, and corporations.

Credits

3

Prerequisites

ACCT 232.

ACCT 445 : Federal Income Tax Accounting II

Discusses principles of federal tax accounting, income tax problems of partnerships and corporations, estate and gift tax problems of individuals. This course is available as needed.

Credits

3

Prerequisites

ACCT 444.

ACCT 448 : CPA Problems

Discusses principles of federal tax accounting, income tax problems of partnerships and corporations, estate and gift tax problems of individuals. This course is available as needed.

Credits

3

Prerequisites

ACCT 444.

ACCT 450 : Advanced Data Analytics for Accounting

Continues discussions from ACCT 350, this course is intended to deepen the student’s knowledge of data analytics for accounting. Topics covered include communicating results and visualizations, the modern accounting environment, as well as data analytics specific to audit, managerial, tax, and financial statements. The students will perform data analytics projects using a variety of software.

Credits

3

Prerequisites

ACCT 350.