Skip to Main Content

Course Listings

Accounting

A major in Accounting is available. See also the Financial Management minor.

Major in Accounting

56 credit hours

Student Learning Outcomes

Graduates with a major in Accounting will:

  1. Identify and articulate how personal values and ethical considerations inform and impact business decisions.
  2. Demonstrate an understanding of the roles, goals, key concepts, methods, and tools utilized in specific business functions as well as the relationships between the various functions in a business.
  3. Intentionally prepare for an accounting career.
  4. Acquire skills needed to influence, inspire, and motivate individuals and groups to achieve results.
  5. Identify opportunities, analyze information, and apply frameworks for effective problem-solving and decision-making.
  6. Demonstrate effective communication in a variety of business contexts.
  7. Demonstrate the ability to work productively with individuals in a diversity of roles and with varying interests in the outcome.

Planning Guide

First yearGoshen Core
The Organization of Business
Principles of Accounting
Spreadsheet Skills
Foundations of Information Systems
Second yearGoshen Core
Accounting Information Systems
Principles of Economics
Intermediate Accounting
Business Analytics
Operations Management
Third yearGoshen Core
Individual Income Taxation
Financial Management
Business Income
Taxation
Experience-focused course
Fourth yearGoshen Core
Auditing
Business Law
Cost Accounting
Strategic Management Capstone

Planning and Advising Notes

Double Majors in accounting and business are not allowed due to the significant overlap in required courses. Accounting majors may consider completing a complementary minor based on career goals and/or personal interest.

Indiana requires 120 credit hours to take the CPA exam. Each state has unique CPA exam eligibility and licensing requirements.  Students should work with their academic advisor to plan a course of study to meet the licensing requirements of a particular state.

Students may begin taking courses in Goshen College’s MBA program upon earning 60 undergraduate credit hours and having a GPA of at least 2.50. Contact your academic advisor for more information.

Minimum academic requirement for majors: All accounting majors must earn a grade of C- or higher in all courses required for the major.

Course descriptions

  • ACC 200 Principles of Accounting

    This course will introduce students to fundamental concepts of financial and managerial accounting. Emphasis is placed on learning and applying the basic accounting framework through the full accounting cycle with common business transactions, preparing financial statements, understanding fixed and variable...

  • ACC 210 Accounting Information Systems

    Develop an understanding of an accounting system using historic manual accounting system structures and a current popular business accounting software. Concentrates on the transaction cycles of cash receipts, cash disbursements, purchasing, sales, inventory control, and management reporting. Prerequisite: ACC 200

  • ACC 301 Cost Accounting

    A study of how accounting information is used and communicated by managers to plan, control and evaluate decisions. Primary topics include costing systems, profitability analysis, cost-allocation issues, budgeting, and pricing decisions. Case studies are used extensively in this course. Prerequisites:...

  • ACC 302 Intermediate Accounting I

    Development of accounting theory and practice by critically analyzing elements of the financial statement with a focus on the asset section of the balance sheet and revenue recognition. The flow of complex financial accounting transactions through the accounting cycle is...

  • ACC 303 Intermediate Accounting II

    Development of accounting theory and practice by critically analyzing elements of the financial statement with a focus on the liabilities section of the balance sheet. The flow of complex financial accounting transactions through the accounting cycle is emphasized. Intermediate accounting...

  • ACC 304 Individual Income Taxation

    A comprehensive study of the current income tax laws as they apply to individuals and sole-proprietorships. Emphasis is placed on applying the tax laws for tax return preparation. Students are also introduced to tax research and tax planning.

  • ACC 306 Intermediate Accounting III

    Development of accounting theory and practice by critically analyzing elements of the financial statement with a focus on the equity section of the balance sheet, complex cash flow statements, financial statement consolidations, and other complex financial elements. The flow of...

  • ACC 405 Auditing

    Study of the attest function and the responsibility of a Certified Public Accountant as an independent auditor of financial information. Utilizes nationally recognized CPA review materials with an emphasis on external Audit Processes of planning, risk assessment, substantive testing, completion...

  • ACC 409 Accounting Internship

    This internship is a full-time position in a public accounting firm. Each student’s internship is individually arranged and approved by the instructor prior to enrolling in the course. The experience is designed to integrate and apply theoretical learning with experience....

  • ACC 434 Business Income Taxation

    Study of current tax laws applicable to C corporations, S corporations, Partnerships, and Limited Liability Companies. Includes an introduction to basic tax preparation elements of business entities including completion of book to tax reconciliations and selected tax forms. The course...

  • BUS 155 The Organization of Business

    Introduces students to foundational concepts in business, tools for effective group projects, and skills for communicating in a business context. This course is intended for accounting, business, marketing, and information technology majors.

  • BUS 220 Spreadsheet Skills

    This course provides students with the basic and intermediate spreadsheet skills expected by employers. Students will learn basic functions, chart creation, data analysis and visualization and tools commonly used by organizations.

  • BUS 282 Business Analytics

    In this course students will develop the skills necessary to transform data into information that is effectively communicated and drives decision-making in organizations. This course will combine a student’s knowledge of business with data and statistics, learning to use a...

  • BUS 309 Job-Connected Applied Learning

    This course is a combination of an employment experience during the semester with content learned in academic courses. The integration of content knowledge with a concurrent employment experience acknowledges that students are developing knowledge and skills in a workplace that...

  • BUS 310 Business Law

    Survey of legal principles. Topics include liability, contracts, sales and negotiable instruments; also, secured transactions, agency, partnerships, corporations and antitrust.

  • BUS 317 Financial Management

    Introduces students to the primary elements of corporate finance such as time value of money, stock and bond valuation, financial analysis, working capital management, capital budgeting and dividend policy. Prerequisite: ACC 200 and BUS 220.

  • BUS 318 Operations Management

    Decision-making and analysis of production and service delivery challenges in areas of plant location, facilities design, process strategy, production planning and control, supply chain, inventory management, performance measurement, and quality control. Special attention is also given to the study of...

  • BUS 360 Java Junction Operations

    Gives students the opportunity to operate and manage a real business. Java Junction, a coffee shop located in the KMY Connector, is completely student-run and student-managed. Students, under the supervision of a business faculty member, have full responsibility for all...

  • BUS 370 Business Process Innovation

    In this course students will learn about core processes, support processes, and management processes. With each of these processes students will also learn where humans add value and where technology adds value for the customer. The majority of class time...

  • BUS 409 Business Internship

    This experience allows a student to apply theoretical learning with business practice through employment with a business organization. Students must complete their employment arrangement in the summer. Completion of the academic requirements of this course takes place in Session 1...

  • BUS 410 Strategic Management Capstone

    A study and evaluation of management strategies to achieve organizational goals and objectives and create value for all stakeholders. This course utilizes management principles, financial analysis and control, personnel decisions and marketing strategies with an emphasis on case studies and...

  • COSC 106 Foundations of Information Systems

    Introduces students to information systems and information technology in the context of a business organization. Equal focus is given to learning the concepts and understanding how businesses apply those concepts. Topics include: ethics and privacy, information security, data management, networking,...

  • ECON 200 Principles of Economics

    This course will introduce students to the fundamental concepts of micro and macro economics, including economic relationships and processes, analysis of markets and price behavior, economic activities of governments, aggregate income determination, banking, and trade.

Ready to get started?