DEPARTMENT OF ACCOUNTING
The Department’s primary objective for the Accounting program is to expose students to the many facets of accounting. It provides accounting and business knowledge about practical and conceptual accounting, and the use of accounting information for effective managerial decision-making purposes. The program prepares students for careers in private, public, and non-profit organizations. It also provides a solid undergraduate foundation for students interested in continuing on to graduate programs in Accounting or other fields of study. The Department of Accounting reviews its curriculum on a regular basis to meet the dynamic needs of labor markets – local and international.
Bachelor of Business Administration in Accounting
Upon completion of the AUK Major in Accounting, the student will be able to:
- Display understanding of basic accounting skills such as double-entry and other generally accepted accounting principles.
- Determine product and period costs and income statements for manufacturing companies.
- Explain and illustrate the nature and purpose of International Financial Reporting Standards.
- Describe the nature of ethical problems facing financial and management accountants, and possible impediments to ethical behavior.
- Critically compare and contrast traditional and activity-based costing allocation methods.
- Construct, interpret, compare, and evaluate company annual reports – including the income statement, balance sheet, and statement of cash flows – for service and merchandizing companies.
Accounting Degree Requirements (124 Credit Hours)
|General Education Requirements||(49)|
|BBA Core Courses||(37)|
|Accounting Major Courses||(18)|
|Internship & Common Capstone||(6)|
Students are required to complete a minimum of 39 credit hours of upper level courses (300-level and above), of which at least 18 credit hours need to be taken in the major, depending on the stipulations of each program. Of the 39 credit hours of upper level courses, 27 credit hours should be in residence at AUK.
BBA Core Courses (37 Credit Hours)
BBA students must complete the following core courses:
|ACCT 201||Principles of Financial Accounting||(4)|
|ACCT 205||Managerial Accounting||(3)|
|BEAL 401||Legal & Ethical Issues in Business||(3)|
|BEAL 403||Corporate Governance & Ethics||(3)|
|BUS 210||Research Methods for Business||(3)|
|BUS 321||International Business Management||(3)|
|ECON 200||Principles of Microeconomics||(3)|
|ECON 201||Principles of Macroeconomics||(3)|
|FINC 332||Financial Management||(3)|
|HR 205||Human Resource Management||(3)|
|MGMT 201||Principles of Management||(3)|
|MGMT 304||Business Relationship Management||(3)|
|MRKT 200||Principles of Marketing||(3)|
Accounting Major Courses (18 Credit Hours)
Students must complete 4 of the following courses (12 credit hours):
|ACCT 301||Intermediate Accounting I||(3)|
|ACCT 305||Intermediate Accounting II||(3)|
|BEAL 413||Accounting Capstone: Auditing||(3)|
|ACCT 401||Advanced Managerial Accounting||(3)|
|ACCT 405||Advanced Financial Accounting||(3)|
In addition, students must complete a further 2 courses in Accounting (6 credits, designated ACCT at 300-level or above) offered by the College of Business and Economics.
Internship And Common Capstone
ACCT 470 (3 credit hours)
All students must participate in an Internship Program for each BBA Major. The Internship Program provides students with an opportunity to demonstrate their capacity for leadership, teamwork, and business activity in the context of work experience. Internships are completed in the senior year and while in residency at AUK. Priority is given to graduating students. For the duration of the semester, students are responsible for working 42 hours per semester for each credit hour. Students are to refer to the College’s Internship Handbook for further details of the internship process, requirements, and method of assessment.
Common Capstone BUS 490 (3 credit hours)
All BBA students are required to complete the Common Business Administration Capstone course. This course uses case studies to integrate material from the different business subjects learned in the BBA program. The Capstone requires senior standing.
Students must take sufficient electives to complete the 124 credit hour requirement for graduation. Students are strongly advised to consult with their academic advisor when choosing these electives.
Bachelor of Business Admninistration 2015-2016 4 Year Plan (Acct, Finc, Mgmt ,Mrkt)*
|YEAR 1||SEMESTER 1 (FRESHMAN)|
|Gen Ed||ENGL||100||Foundations of Academic Reading and Writing||4|
|Gen Ed||UNIV||100||Essentials of Learning||3|
|Free Elective||MATH||100||College Algebra||3|
|YEAR 1||SEMESTER 2 (FRESHMAN)|
|Gen Ed||ENGL||101||Approaches to Critical Reading and Writing||3|
|Gen Ed||MATH||103/110||Mathematics for Business or Pre-Calculus||3|
|Gen Ed||ARAB||[K]||Arabic Culture||3|
|YEAR 2||SEMESTER 3 (SOPHOMORE)|
|Gen Ed||ENGL||102||Writing and Information Literacy||3|
|Gen Ed||UNIV||110||University, Community, and Citizenship||3|
|Core||ACCT||201||Principles of Financial Accounting||4|
|Core||ECON||200||Principles of Microeconomics||3|
|YEAR 2||SEMESTER 4 (SOPHOMORE)|
|Core||ECON||201||Principles of Macroeconomics||3|
|Core||MGMT||201||Principles of Management||3|
|Core||MRKT||200||Principles of Marketing||3|
|YEAR 3||SEMESTER 5 (JUNIOR)|
|Core||HR||205||Human Resource Management||3|
|Core||BUS||321||International Business Management||3|
|Core||MGMT||304||Business Relationship Management||3|
|YEAR 3||SEMESTER 6 (JUNIOR)|
|Core||BUS||210||Research Methods for Business||3|
|Major||ACCT 301, FINC 341, ENTR 201, MRKT 329||3|
|Major||ACCT 401, FINC 345, MGMT 301, MRKT 355||3|
|YEAR 4||SEMESTER 7 (SENIOR)|
|Core||BEAL||401/403||Legal & Ethical Issues in Business or Corporate Governance and Ethics||3|
|Major||ACCT 305, FINC 355, MGMT 333, MRKT 401||3|
|Major||ACCT/FINC/MGMT/MRKT 413 Discipline Capstone||3|
|YEAR 4||SEMESTER 8 (SENIOR)|
|Capstone||BUS||490||Business Administration Capstone||3|
* *Your progress through the plan will vary depending on your English and Mathematics placement, as well as other factors.
HADDAD, Ayman, Department Chair, Associate Professor of Accounting; Ph.D., 2006, University of East Anglia, Norwich, UK.
RUSSELL, John, Professor of Accounting; CGA, CMA, Ph.D., 1998, Pennsylvania State University – Pennsylvania, USA.
SHIBLY, Fatima, Assistant Professor of Accounting; Ph.D., 2014, University of Grenoble, Grenoble, France.