Accounting

Degree Offered

  • Bachelor of Science in Business Administration

Accounting Program Objectives

The accounting program has a rich heritage of producing successful accounting professionals and business leaders.  Graduates excel on professional examinations, and the majority of students seeking employment upon graduation are successful.  With a strong alumni network and a solid reputation among major accounting firms, the accounting program at WVU has an excellent record of placing students in the accounting profession.

The faculty is comprised of thirteen tenure-track faculty, four teaching instructors, and one visiting professor.

Faculty members are actively engaged in meeting the four elements of our mission:

  1. Educate students at the undergraduate and graduate levels
  2. Conduct and disseminate research that impacts the accounting profession, the business community, or society as a whole
  3. Deliver service to the academy, the profession, and the citizens of West Virginia
  4. Engage in a program of ongoing assessment and continuous improvement

The overarching goal of the accounting programs is to meet the evolving needs of its constituencies through teaching, research, and service.  The undergraduate accounting degree program builds upon a general education curriculum to provide students with a base of academic knowledge in business and accounting.  It is designed to integrate basic knowledge with a professional orientation and form a foundation for future learning as well as career and academic success.  The accounting program and course offerings are subject to periodic review for timeliness, professional requirements, and relevance in a global marketplace.

The advanced courses in the program provide both specialized knowledge in accounting and financial reporting and an integrated overview of the economic activities of a business entity.  These courses give students the basic educational foundation required for a variety of entry-level positions in accounting, business, government, and not-for-profit organizations.  Accounting graduates may pursue careers that lead to positions such as certified public accountants, managerial accountants, controllers, financial officers, tax accountants, financial fraud examiners, budget analysts, internal auditors, public administration officers, and other executives.

The accounting major is also designed to give students the basic educational foundation necessary to prepare for the professional examinations that may be required of them in their careers.  These examinations include those needed to become a Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Fraud Examiner (CFE), and Certified Internal Auditor (CIA).  Requirements to sit for the Uniform CPA Examination vary by jurisdiction, and students are encouraged to become familiar with the requirements of the jurisdictions where they plan to be certified.  Many states, including West Virginia, require a bachelor degree to sit for the exam and 150 semester hours of college credit to be certified. The College of Business and Economics offers a master of professional accountancy (M.P.A.) that helps students meet the professional certification requirement while allowing students to earn a graduate degree.  The College also offers an innovative graduate certificate in forensic accounting and fraud examination designed to prepare entry-level accountants and others for forensic accounting and fraud investigative careers.

The accounting programs at WVU have been separately accredited by AACSB International, the Association to Advance Collegiate Schools of Business, since 1997.  As of December 2014, only 180 programs had achieved this distinction internationally.

Admission

Students who are direct admitted to the major as first-time freshmen or first time transfers must possess an overall GPA of at least 2.5 and have completed the course prerequisites listed in the table below with minimum grade of C-, unless otherwise noted, to be eligible to enroll in upper-division course work. 

Students who are not direct admitted to the major (i.e. Business) must formally apply for admission to the major at the beginning of the semester in which they satisfy the course prerequisites listed below.  Applicants also must possess an overall GPA of at least 2.5 at the time of application to be considered for admission to the major.

ACCT 201
ACCT 202
Principles of Accounting
and Principles of Accounting *
6
CS 101Intro to Computer Applications4
ECON 201
ECON 202
Principles of Microeconomics
and Principles of Macroeconomics
6
ECON 225Elementary Business and Economics Statistics3
or STAT 211 Elementary Statistical Inference
ENGL 101
ENGL 102
Introduction to Composition and Rhetoric
and Composition, Rhetoric, and Research
6
or ENGL 103 Accelerated Academic Writing
Choose one of the Following:3-4
College Algebra 5-Day
College Algebra 4-Day
Pre-Calculus Mathematics
Calculus 1a with Precalculus
Choose one of the Following:3-4
Applied Calculus **
Calculus 1b with Precalculus **
Calculus 1 **
Calculus 2 **
Total Hours31-33

Students who are direct admitted to the major and meet the requirements listed above are guaranteed permission to enroll in upper-division course work.  Students who are not direct admitted to the major will be admitted in order of descending GPA, calculated using all (transferable) baccalaureate coursework attempted at regionally accredited institutions.  The College will accommodate as many accounting majors as resources are available.  Students who are denied admission to the accounting major because of GPA may apply for admission in a future application period or accept admission to an alternative major in the College.

*

A minimum grade of a B- each in ACCT 201 and ACCT 202 is required for admission to the program and to enroll in ACCT 311, Intermediate Accounting. 

**

A minimum grade of C- in MATH 150 is required for admission to the program. A grade of D- in MATH 154 or a higher level of college calculus also satisfies the calculus requirement.for admission to the program.

Accounting Program Requirements

General Education FOUNDATIONS

Please use this link to view a list of courses that meet each GEF requirement.

NOTE: Some major requirements will fulfill specific GEF requirements. Please see the curriculum requirements listed below for details on which GEFs you will need to select.

General Education Foundations
F1 - Composition & Rhetoric3-6
Introduction to Composition and Rhetoric
and Composition, Rhetoric, and Research
Accelerated Academic Writing
F2A/F2B - Science & Technology4-6
F3 - Math & Quantitative Skills3-4
F4 - Society & Connections3
F5 - Human Inquiry & the Past3
F6 - The Arts & Creativity3
F7 - Global Studies & Diversity3
F8 - Focus (may be satisfied by completion of a minor, double major, or dual degree)9
Total Hours31-37

Degree Requirements

To qualify for the Bachelor of Science in Business Administration students must meet the following criteria:

  • Complete a minimum of 120 credit hours.
  • Possess an overall GPA of 2.0.
  • Possess a minimum GPA of 2.0 for all major courses (i.e. ACCT, BLAW),calculated using all attempted GPA hours unless excluded by the D/F repeat policy.
  • The College of Business and Economics accepts all baccalaureate transferable course work completed at public and private colleges in West Virginia and other regionally accredited institutions.  Since the College is AACSB accredited, upper-division courses (courses equivalent to 300/400 level at WVU) must be evaluated by the Dean or designee before they may count toward business core, major core and major restricted electives in the Bachelor of Science in Business Administration or Bachelor of Science in Economics program. 

Curriculum Requirements

Overall GPA of 2.0 required
Possess a minimum GPA of 2.0 for all major courses (i.e. ACCT, BLAW),calculated using all attempted GPA hours unless excluded by the D/F repeat policy.
ACCT 201Principles of Accounting (Minimum grade of B-)3
ACCT 202Principles of Accounting (Minimum grade of B-)3
CS 101Intro to Computer Applications (Minimum grade of C-; may fulfill GEF 2A)4
ECON 201Principles of Microeconomics (Minimum grade of C-; may fulfill GEF 4 or 8)3
ECON 202Principles of Macroeconomics (Minimum grade of C-; may fulfill GEF 4 or 8)3
Select one of the following (Minimum Grade of C-; may fulfill GEF 3):3
Elementary Business and Economics Statistics
Elementary Statistical Inference
Select one of the following (may fulfill GEF 1; minimum grade of C-):6
Introduction to Composition and Rhetoric
and Composition, Rhetoric, and Research
Accelerated Academic Writing
GEF 2A, Science and Technology3
GEF 5, Human Inquiry and the Past3
GEF 6, The Arts & Creativity3
GEF 7, Global Studies and Diversity3
Select one of the following; minimum grade of C- in MATH 150 or D- in MATH 154 or higher3
College Algebra 5-Day
and Applied Calculus
College Algebra 4-Day
and Applied Calculus
Pre-Calculus Mathematics
and Calculus 1
Applied Calculus
Calculus 1a with Precalculus
and Calculus 1b with Precalculus
Calculus 1
PSYC 101Introduction to Psychology (May fullfill GEF 4 or 8)3
SOCA 101Introduction to Sociology (May fulfill GEF 4 or 8)3
BCOR 199Introduction to Business (Fulfills First Year Seminar requirement)3
BCOR 299Business Communication (Fulfills Writing and Communication Skills Requirement)3
BCOR 320Legal Environment of Business3
BCOR 330Information Systems and Technology3
BCOR 340Business Finance3
BCOR 350Principles of Marketing3
BCOR 360Operations Management3
BCOR 370Managing Individuals and Teams3
BCOR 380Business Ethics3
BCOR 460Contemporary Business Strategy (Fulfills University Capstone requirement)3
ACCT 311Intermediate Accounting (Minimum grade of C- to attempt ACCT 312)3
ACCT 312Intermediate Accounting3
ACCT 321Introduction to Accounting Systems3
ACCT 322Accounting Systems3
ACCT 431Cost Management3
ACCT 441Income Tax Accounting 13
Select one of the following:3
Advanced Accounting
Accounting for Nonbusiness Entities
ACCT 451Auditing Theory3
BLAW 420Law for the Certified Public Accountant3
Unrestricted Electives *17
Total Hours120
*

A maximum of six credit hours of ACCT 491, Professional Field Experience, may apply towards the 120 credit hours required for the degree. 

Suggested Plan of Study

First Year
FallHoursSpringHours
BCOR 1993ACCT 2013
CS 101 (GEF 2A)4ECON 201 (GEF 4)3
SOCA 101 (GEF 8)3ENGL 101 (GEF 1)3
Select one of the following:3Select one of the following:3
  
  
  
 GEF (Choose from F2A, F5, F6 or F7)3
GEF (Choose from F2A, F5, F6 or F7)3 
 16 15
Second Year
FallHoursSpringHours
ACCT 2023ACCT 3113
ECON 202 (GEF 8)3ACCT 3213
ECON 225 (GEF 3)3BCOR 2993
ENGL 102 (GEF 1))3BCOR 3303
PSYC 101 (GEF 8)3BCOR 3703
 15 15
Third Year
FallHoursSpringHours
ACCT 3123ACCT 4313
ACCT 3223BCOR 3603
BCOR 3403BCOR 3803
BCOR 3503GEF (Choose from F2A, F5, F6 or F7)3
GEF (Choose from F2A, F5, F6 or F7)3Unrestricted electives3
 15 15
Fourth Year
FallHoursSpringHours
ACCT 4413Select one of the following:3
ACCT 4513 
BCOR 3203 
Unrestricted Electives6BCOR 4603
 BLAW 4203
 Unrestricted electives5
 15 14
Total credit hours: 120

Major Learning Goals

accounting

The objective of providing a foundational education in accounting at the undergraduate level cannot be realized without appropriate curricula content, effective teaching, and ultimately, learning. Within the undergraduate accounting major, we subscribe to the following learning goals for each of our undergraduate students.

  • Competence in core technical areas
  • Knowledge of the use of accounting information systems
  • Awareness of the Professional Standards and the US Federal Income Tax Code
  • The ability to identify the effect of regulatory and ethical issues on the global practice of accounting

Courses

ACCT 201. Principles of Accounting. 3 Hours.

The concepts, principles, and procedures pertaining to the preparation, analysis, and interpretation of financial statements.

ACCT 202. Principles of Accounting. 3 Hours.

PR: ACCT 201 with grade of C or better. Utilization of accounting information for purposes of managerial control and decision making; cost concepts, profit and financial budgeting, analysis of financial statements.

ACCT 293A-Z. Special Topics. 1-6 Hours.

PR: Consent. Investigation of topics not covered in regularly scheduled courses.

ACCT 298A-Z. Honors. 1-3 Hours.

PR: Students in Honors Program and consent by the honors director. Independent reading, study, or research.

ACCT 311. Intermediate Accounting. 3 Hours.

PR: (ACCT 201 with a grade of B or better) and (ACCT 202 with grade of B or better) and ECON 202 and ECON 225 and ENGL 102 and (MATH 150 or MATH 155 or (MATH 153 and MATH 154)) and PR or CONC: ACCT 321. Development of accounting theory and practice, with emphasis on asset accounting.

ACCT 312. Intermediate Accounting. 3 Hours.

PR: ACCT 321 and (ACCT 311 with grade of C or better). Theory and practice with respect to accounting for liabilities and stockholders equity; special problems peculiar to financial accounting; analysis of financial statements and changes in financial position.

ACCT 321. Introduction to Accounting Systems. 3 Hours.

PR: (((ACCT 202 and CS 101 and ECON 202) and (ENGL 102 or ENGL 103) and (ECON 225 or STAT 211)) with a minimum grade of C- in each); and ((MATH 150 with a minimum grade of C-) or (MATH 154 or MATH 155 or MATH 156) with a minimum grade of D-))). Accounting software for record keeping, financial analysis, and accounting policy evaluation, with emphasis on the accounting cycle.

ACCT 322. Accounting Systems. 3 Hours.

PR: ACCT 321 and BCOR 330 with a minimum grade of C- in each. Analysis of data processing fundamentals and information systems analysis, design, and implementation, including necessary computer hardware and software components with particular reference to accounting information systems and the controls necessary therein.

ACCT 331. Managerial Accounting. 3 Hours.

PR: ACCT 202 with a minimum grade of C-. This course is intended for non-accounting majors. Analysis of internal accounting practices with emphasis on use of data for performance evaluation, control, motivation through accounting systems, and decision-making. (No credit available to students to students having credit for ACCT 431.).

ACCT 393A-Z. Special Topics. 1-6 Hours.

PR: Consent. Investigation of topics not covered in regularly scheduled courses.

ACCT 405. Accounting Concepts and Techniques. 2 Hours.

PR: Consent. (Course primarily for graduate students in industrial and labor relations.) Basic accounting concepts and techniques for decision making. Emphasis on the interpretation and analysis of financial statements and internal accounting reports.

ACCT 415. Advanced Accounting. 3 Hours.

PR: ACCT 312. Accounting for business combinations, consolidations, foreign currency translation, governmental and not-for- profit entities, and equity method investment accounting.

ACCT 416. Advanced Accounting Theory. 3 Hours.

PR: ACCT 312 and consent. Critical analysis of accounting concepts and standards with emphasis on their origin, development, and significance.

ACCT 417. Advanced Accounting Problems. 3 Hours.

ACCT 431. Cost Management. 3 Hours.

PR: ACCT 202 with a minimum grade of B-. Strategic cost management concepts and techniques used for decision making, control, and product and service costing.

ACCT 432. Advanced Cost Management. 3 Hours.

PR: ACCT 431 or consent. Advanced cost management concepts and techniques with emphasis on cost measurement systems and the evaluation and management of performance.

ACCT 441. Income Tax Accounting 1. 3 Hours.

PR: ACCT 311 with a minimum grade of C-. Federal income taxation of individuals emphasizing filing status, exemptions, gross income, deductions, credits, compensation, retirement savings, home ownership, property transactions, and investments.

ACCT 442. Income Tax Accounting 2. 3 Hours.

PR: ACCT 441 or consent. Federal income tax treatment of corporations, pass through entitles and their owners or beneficiaries, introduction to transfer taxes and planning.

ACCT 451. Auditing Theory. 3 Hours.

PR: ACCT 312 and ACCT 322. Standards and procedures related to the independent audit of financial statements.

ACCT 461. Accounting for Nonbusiness Entities. 3 Hours.

PR: ACCT 312. Accounting, reporting, and budgeting for governmental and not-for-profit entities and the use of fund accounting data for planning and control.

ACCT 471A. International Accounting. 1 Hour.

PR: ACCT 312 or consent. Financial reporting from an international perspective, focusing on the flow of information in multiple currencies, differences in financial reporting requirements, development of international accounting standards, and related issues facing multinational enterprises and global financial markets.

ACCT 473. Personal Financial Advising. 3 Hours.

PR: ACCT 202 with a minimum grade of C-. Develops a life financial plan for students. Topical coverage includes self-assessment of financial planning acumen, cash/credit management, insurance coverage, investing components, tax planning, retirement/estate planning and special circumstance planning.

ACCT 490. Teaching Practicum. 1-3 Hours.

PR: Consent. Teaching practice as a tutor or assistant.

ACCT 491. Professional Field Experience. 1-18 Hours.

PR: Consent. (May be repeated up to a maximum of 18 hours.) Prearranged experiential learning program, to be planned, supervised, and evaluated for credit by faculty and field supervisors. Involves temporary placement with public or private enterprise for professional competence development.

ACCT 492A-Z. Directed Study. 1-3 Hours.

Directed study, reading, and/or research.

ACCT 493A-Z. Special Topics. 1-6 Hours.

PR: Consent. Investigation of topics not covered in regularly scheduled courses. (Maximum of 9 semester hours in any or all courses numbered 493 offered by the College of Business and Economics may be applied toward bachelor's and master's degrees.).

ACCT 494A-Z. Seminar. 1-3 Hours.

PR: Consent. Presentation and discussion of topics of mutual concern to students and faculty.

ACCT 495. Independent Study. 1-6 Hours.

Faculty supervised study of topics not available through regular course offerings.

ACCT 496. Senior Thesis. 1-3 Hours.

PR: Consent.

ACCT 497. Research. 1-6 Hours.

Independent research projects.


Faculty

Chair

  • Richard B. Dull - Ph.D. (Virginia Polytechnic Institute and State University)
    GoMart Professor in Accounting Information Systems

Professors

  • Barbara Apostolou - Ph.D. (Louisiana State University)
    CPA, CGMA. Auditing, Assurance services, Fraud and forensic accounting.
  • Richard C. Brooks - Ph.D. (Louisiana State University)
    CGFM. Financial accounting, Governmental accounting and not-for-profit accounting.
  • Richard B. Dull - Ph.D. (Virginia Polytechnic Institute and State University)
    GoMart Professor in Accounting Information Systems, CPA/CFF, CFE, CISA. Accounting information systems, Fraud and forensic accounting, IT auditing.
  • Presha Neidermeyer - Ph.D. (Virginia Commonwealth University)
    CPA. International accounting. Federal and state income taxation, Estate planning, Financial accounting.
  • Richard A. Riley Jr. - Ph.D. (University of Tennessee)
    Louis F. Tanner Distinguished Professor of Public Accounting, CPA/CFF, CFE, FCPA. Financial accounting, Fraud and forensic accounting, Auditing, Consulting, Entrepreneurship.

Associate Professors

  • Jack W. Dorminey - Ph.D. (Virginia Commonwealth University)
    Intermediate financial accounting, Regulatory accounting.
  • Arron Scott Fleming - Ph.D. (Virginia Polytechnic Institute and State University)
    CPA, CMA. Managerial and financial accounting, Fraud and forensic accounting, behavioral research.
  • L. Christian Schaupp - Ph.D. (Virginia Polytechnic Institute and State University)
    CFE. Accounting information systems, IT auditing.

Assistant Professors

  • Lauren Cooper - Ph.D. (Oklahoma State University)
    Taxation, Financial accounting
  • Kip D. Holderness - Ph.D. (Bentley University)
    CPA, CMA, CFE. Managerial accounting, Forensic accounting, Behavioral research.
  • Mark Nigrini - Ph.D. (University of Cincinnati)
    Auditing, Forensic Analytics, Prosecution of fraud schemes.
  • Trevor Sorensen - Ph.D. (University of Alabama)
    Taxation, Managerial Accounting, Financial Accounting
  • John Treu - LLM (New York University) JD (University of Utah)
    Taxation

Teaching Assistant Professors

  • Nancy P. Lynch - M.S. (University of Colorado)
    CPA, CMA. Principles of accounting. Financial accounting.
  • Megan McBride Schaupp - M.A.C.I.S. (Virginia Polytechnic Institute and State University)
    CISA. Principles of accounting, Financial accounting, Accounting information systems.

Teaching Instructor

  • Gary LeDonne - MPA (West Virginia University)
    CPA, Income Taxation
  • Denise R. White - MPA (West Virginia University)
    CPA, Principles of accounting, Financial and managerial accounting

Visiting Professor

  • Nicholas Apostolou - D.B.A. (University of Tennessee)
    CPA, CFA. Financial accounting, Managerial accounting, Fraud and forensic accounting.

Emeriti

  • Jay H. Coats
  • Robert Maust
  • Adolph Neidermeyer
  • David Pariser
  • Ann B. Pushkin