2021-2022 Residential Undergraduate Catalog 
    
    Nov 30, 2024  
2021-2022 Residential Undergraduate Catalog [ARCHIVED CATALOG]

Accounting



The Accounting faculty believes that competence in accounting is fundamental to good management. Recent events serve to reinforce this belief. This challenging major includes hands‐on work experience in an accounting internship and prepares the student for a variety of careers in accounting. For those interested in “sitting” for the CPA exam, the College offers a one‐year graduate master’s program.

One of the hallmarks of New England College is the close working relationship between our faculty and our students. The Accounting faculty is highly motivated to help each student realize his or her full potential for success in the program.

Learning Outcomes

Students completing the Accounting program should be able to:

  • Prepare financial statements.
  • Evaluate financial statements.
  • Describe the role of the accountant in the organization and in society.
  • Predict the impact of taxes on decision making and the statements.
  • Explain the importance of costing processes in an organization.
  • Recite and subscribe to the ethical code of conduct required by the accounting profession.
  • Design and implement internal control mechanisms within an organization.
  • Illustrate accountability to the stakeholders of the organization for the accurate and fair presentation of the financial statements.
  • Enumerate the Pronouncements as promulgated by the FASB, SEC, AICPA, etc. in facilitating corporate governance.

Experiential Learning Component:

The Business Department has felt strongly that an important component of the Accounting major would be a required internship. While we are not as concerned with the level of off‐campus activity, it was decided that as long as the student gets one course credit (45 hours of work) for the internship, this would suffice.

Students have a wide variety of exciting opportunities for internship: one of our students worked on Wall Street for a major stockbrokerage firm; another student worked in a cost accounting capacity for a local hospital; another student worked for a nonprofit organization in Hillsboro that caters to individuals with autism in a capacity to use the accounting software, Quickbooks, to update their books of record.

Programs

    Major

    Courses

      Accounting

      All undergraduate courses are 4 credits unless otherwise noted.