1991-1993 Catalog - Catalogs - West Virginia University

the College of Business and Economics while in residence. Residency will beestablished after the student documents receipt of the first bachelor's degree.AccountingRobert S. Maust, M.S. (WVU). CPA; Chairperson and Professor; Financial accounting,Accounting theory, Managerial and cost accounting.Degree OfferedBachelor of Science in Business AdministrationObjectivesAdvanced work in accounting provides both specialized knowledge in accountingand financial reporting and an integrated overview of the economic activities of abusiness entity. Advanced accounting courses prepare students for a variety ofpositions in accounting, business, and financial management, such as controllers,financial officers, certified public accountants, managerial accountants, internalauditors, tax accountants, public administrative officers, and other executives.Accounting Program Requirements Hr. TotalsTotal Non-B and E Liberal Studies Program Requirements 56Unrestricted electives (in or out of College of B&E) 8Required College Core Courses 36Accounting major requirements:Acctg. 111 and 112 Intermediate Accounting 6Acctg. 115 Cost Accounting 3Acctg. 200 Special Topics: Microcomputers in Accounting 1Acctg. 210 Advanced Accounting 3Acctg. 211 Accounting Systems 3Acctg. 213 Income Tax Accounting 3Acctg. 21 7 Auditing Theory 3B. Law 213 Law for the C.P.A 3Econ. 1 30 Money and Banking, orFin. 151 Financial Institutions 3 28Grand Total 128A grade of A or B in Accounting 52 is required of all students prior to registeringfor Accounting 111. Accounting majors must earn a grade of C or better in Accounting1 1 1 before proceeding to Accounting 112 and a grade of C or better in Accounting 112prior to graduation. Majors must have a 2.0 grade-point average on all course worktaken in accounting.The accounting major is designed to give students the basic educational backgroundnecessary to prepare for the professional examinations that may be required ofthem in their accounting careers. These examinations include those needed tobecome a certified public accountant (CPA), certified management accountant (CMA),and certified internal auditor (CIA).Course requirements to qualify for the CPA examination may vary by state.Students are encouraged to contact the board of accountancy where they plan to sitfor the examination for specific course requirements, if any. The departmental officehas the addresses of all boards of accountancy.Students planning to pursue careers in public accounting should be aware that theprofession is moving towards a 150-hour requirement to sit for the CPA examination.In West Virginia, 150 hours of college credit will be required to become certified afterJuly 1 , 2000. This requirement is already effective in some states and will soonbecome effective in additional states. Students should contact the jurisdiction wherethey plan to sit for the examination to determine the hour requirement, if any, and itseffective date.Bachelor's Degrees 155