Accounting Course Listings

A major and a minor in accounting are available.

Major in accounting

49-64 credit hours

  • Acc 201, Principles of Financial Accounting 3
  • Acc 202, Principles of Managerial Accounting 3
  • Acc 210, Accounting Information Systems 3
  • Acc 301, Cost Accounting 3
  • Acc 302-303, Intermediate Accounting 6
  • Acc 304, Individual Income Taxation 3
  • Acc 405, Auditing 3
  • Acc 434, Business Income Taxation 3
  • Bus 220, Office Software Productivity 3
  • Bus 307, Career Planning 1
  • Bus 310, Business Law 3
  • One of the following internships: 3-12
    • Acc 408, Accounting Internship (12)
    • Acc 409, Accounting Internship (3)
    • Bus 409, Business Internship (3)
  • Bus 410, Business Capstone 3
  • Econ 203, Principles of Microeconomics 3
  • Econ 204, Principles of Macroeconomics 3
  • Econ 380, Business Analytics 3
  • Mathematics requirement 0-6
    For students entering Goshen College with SAT Math scores below 480 or ACT Math scores below 20:

    • Math 105, then either Math 115 or Math 141

    For students entering Goshen College with SAT Math scores of 480-540 or ACT Math scores of 20-23:

    • Math 115 or Math 141

    For students entering Goshen College with SAT Math scores above 540 or ACT Math scores above 23, requirement is met in one of the following ways:

    • Minimum AP Calculus score of 4 (AB level) or 3 (BC level)
    • Minimum IB score of 5 in Mathematics or Mathematical Studies
    • College credit in 100-level or higher mathematics course

Student learning outcomes

Graduates 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 effectiveness in writing and speaking in a variety of business contexts.
  7. Demonstrate ability to work productively with individuals in a diversity of roles and with varying interests in the outcome.

Planning guide

First year Goshen Core
Mathematics requirement
Principles of Financial Accounting
Principles of Microeconomics
Principles of Macroeconomics
Accounting Information Systems
Second year Goshen Core
Office Software Productivity
Intermediate Accounting
Business Analytics
Career Planning
SST (spring or summer, or summer after 3rd year)
Third year Goshen Core
Principles of Managerial Accounting
Cost Accounting
Individual Income Taxation
Business Law
Fourth year Balance of Goshen Core
Balance of accounting major
Internship
Business Capstone

Planning and advising notes

Students may not earn a double major in accounting, business, and/or marketing, but major/minor combinations are allowed.

SST should be completed in the first two years or summer of the third year. Additional math courses are encouraged for students anticipating graduate school.

In most states, 150 credit hours of undergraduate or graduate education is required before individuals can take the Uniform CPA Examination and/or be licensed as CPAs. Each state has unique licensing requirements, and students should work with their academic advisor to plan a course of study to meet the licensing requirements of a particular state.

A Masters in Business Administration program is offered online. More information about the program can be found at www.thecollaborativemba.org and also in the Goshen College academic catalog for graduate programs.

Minimum academic requirement for majors and minors

All accounting majors and minors must earn a grade of C- or higher in all courses required for their major or minor. Failure to attain this level of achievement requires the student to either repeat the course (for specific requirements) or take an additional course (an option for elective courses) and achieve a grade of C- or higher.

Minor in accounting

18 credit hours

  • Acc 201, Principles of Financial Accounting 3
  • Acc 202, Principles of Managerial Accounting 3
  • Acc 302, Intermediate Accounting 3
  • Econ 203, Principles of Microeconomics 3
  • Additional accounting courses 6

Note to business majors: Students must take 12 credit hours in accounting beyond what is required in the major, including Acc 302.