The Accounting Minor covers knowledge of the accounting principles and practices fundamental to the capture and analysis of financial information about the firm, the use of accounting information to plan and control activities, accounting theory, and practical application of accounting in the areas such as taxation and auditing. This study also includes ethical and legal guidelines necessary in gathering and reporting information and in their internal and external activities.
Once basic skills of reading financial statements and balance sheets have been learned, accounting is a discipline marked by critical thinking, analytic precision, ethical awareness, and clarity with words, numbers, and visual display of information. Accountants ask questions, communicate answers, and clarify the difficult choices that organizations, both for-profit and not-for-profit, face with regards to budgets and strategic planning. They also ensure that organizations adhere to ethical and legal guidelines in gathering and reporting information and in their internal and external activities. This minor is suitable for students desiring to pursue careers in both private and public accounting and offers courses needed for entry into graduate studies in accounting.