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Program Director

Juan Roman
D.B.A.: Pontifical Catholic University of Puerto Rico

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Bachelor of Science in Accounting



    • Number of Credits
    • 122
    • Cost Per Credit
    • $ 250
    • Total Tuition*
    • $ 30,500
  • *(Before Transfer Credit)

Program Description

The Bachelor of Science in Accounting prepares students to succeed in various accounting careers in public accounting, governmental accounting, and not-for-profit accounting. Students gain the theoretical knowledge, practical skills, and research skills needed to address complex accounting issues. The successful completion of APUS programs and courses may or may not satisfy the educational requirements for the Certified Public Accountant (CPA) exam. Educational requirements for the CPA exam vary by state. Students are responsible for checking the requirements of the state board of accountancy where they expect to sit for the CPA exam and where they desire to ultimately be licensed. Contacts for the state boards of accountancy may be found on the National Association of State Boards of Accountancy website (http://nasba.org/stateboards/).

Under the rules of the Texas State Board of Public Accountancy, at least 15 hours of upper-level accounting course work must result from physical attendance at classes meeting regularly on the campus of the transcript-issuing institution. Completion of APUS’s accounting programs and coursework may not meet the education requirements to sit for the CPA exam or obtain a CPA license in Texas. Individuals wishing to sit for the CPA exam or obtain a CPA license in Texas should check with the Texas State Board of Public Accountancy to determine their eligibility and for additional requirements that may apply (https://www.tsbpa.state.tx.us/).

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Program Objectives

In addition to the institutional and general education level learning objectives, the Bachelor of Science in Accounting also seeks the following specific learning outcomes of its graduates. With reference to each of the respective areas of accounting, graduates in this degree program will be able to:

  • •Explain the roles accountants perform in society.
  • •Discuss Generally Accepted Accounting Principles (GAAP) and their controlling authorities and relate these concepts with appropriate accounting practices.
  • •Analyze and prepare financial information for management and stakeholders utilizing appropriate accounting analyses and reports.
  • •Demonstrate a basic knowledge of the ethical framework for accountants adopted by professional accounting organizations, such as the American Institute of Certified Public Accountants (AICPA) and the Institute of Management Accountants (IMA.
  • •Articulate a basic knowledge of legal and business terms and concepts relating to the practice of accounting.
Core Requirements
42 Hours
Accounting I
3 hours

Introduction to the purposes of financial accounting statements and the recognition, measurement, and disclosure concepts and methods underlying financial statements. Focus is on using and interpreting financial statements and on understanding the impact of transactions and events on financial statements and financial ratios. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: MATH110, MATH111 or MATH225)

Pre Reqs: College Algebra(MATH110),College Trigonometry(MATH111),Calculus(MATH225)

Accounting II
3 hours

A continuation of Accounting I, this course includes study of managerial concepts, analysis of financial statements, internal controls, and contemporary accounting standards, practices, and issues. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT100).

Pre Reqs: Accounting I(ACCT100)

Business Theory
3 hours

This course provides an understanding of the corporation, each of the business functions (to include accounting, finance, marketing, technology, management, and planning), and the relations between and among functions in the operation of the firm.

Law and Ethics in the Business Environment
3 hours

This course develops skills for inquiry into the business environment from a legal and ethical perspective. Students explore the relationships between modern business and the environment, in addition to the ethical issues that arise when diverse interests intersect. Relevant topics will include contracts, commercial law (sales, secured transactions and creditors remedies), forms of business entities (including limited liability companies and corporations), agency, employer-employee relationships, real property concepts, bankruptcy, and negligence and strict liability concepts. Students will examine corporate governance and business ethics, with emphasis on case studies.

Operations Research
3 hours

This course introduces Operations Research and includes the application of operations research and management science techniques to management decision problems. Operations research techniques and methods can be applied to problems in virtually all-functional areas of business including accounting, finance, marketing, production and human resources. Examples from each of these areas will be covered during the course. A feature of the course is that Microsoft Excel is used to implement some of the techniques covered. This means that you will become proficient in using Excel; the most widely used electronic spreadsheet in business today. (Prerequisite: MATH110, MATH111 or MATH225)

Pre Reqs: College Algebra(MATH110),College Trigonometry(MATH111),Calculus(MATH225)

Global and Competitive Strategy
3 hours

This course is concerned with the formulation and analysis of business strategy. Business strategy is the set of objectives and policies that collectively determine how a business positions itself to increase its returns and create economic value for its owners and stakeholders. Students will be introduced to analytical techniques for diagnosing the competitive position of a business, evaluating business strategies, and identifying and analyzing specific business options.

International Business Management
3 hours

This course focuses on the organization, management strategies, and essential operations of international business and cross cultural management. It provides a managerial perspective and a framework of analysis for examining the similarities and differences in the philosophy and practices of management around the world. Topics include the methods and importance of effective strategic planning when organizing and administering international marketing, finance, and human resource management areas toward efficient business, government, and global market relationships. By focusing on the analysis of national and organizational cultures and the impact of individual behaviors, the course gives a strong basis for managers to successfully manage in different countries and different populations.

3 hours

Microeconomics is an overview course that covers how households (consumers), firms (producers), and governments interact in competitive and other markets to set prices, and determine what and how much is produced. Key concepts introduced include the role of scarcity and choice, incentives and competition, and the law of supply and demand.

3 hours

Introduction to Macroeconomics is a survey course that builds on the topics covered and skills developed in ECON101 (Microeconomics) in order to present a complete picture of the economy. Macroeconomics shows how consumers and markets fit into the overall or aggregated economy and provides a framework to assess government policies. Key topics covered will include economic cycles (growth and recession), economic indicators and measures and interest rates and money supply.

Principles of Financial Management
3 hours

This course is an overview study of the concepts and techniques in corporate finance. Topics include investments, financial environment, securities markets, financial markets, financial statements and analysis, working capital management, capital budgeting, cost of capital, dividend policy, asset valuation, and decision-making. Students must have access to Microsoft Word and Microsoft Excel software.

3 hours

This is an interactive course designed to help students achieve a greater understanding of the statistical methods and models available to analyze and solve the wide variety of problems encountered in business, science, medicine, education, the social sciences, and other disciplines. Successful completion of this course will provide students with a working knowledge of the principles of both descriptive and inferential statistics, probability, averages and variations, normal probability distributions, sampling distributions, confidence intervals, statistical hypothesis tests, and correlation and regression analyses. The emphasis of the course will be on the proper use of statistical techniques and their application in real life -- not on mathematical proofs. This course will use Microsoft Excel for some of the work. Students should have a basic familiarity with Excel and have access to this software application. (Prerequisite: MATH110 OR MATH111 OR MATH225)

Pre Reqs: College Algebra(MATH110),College Trigonometry(MATH111),Calculus(MATH225)

Principles and Theory of Management
3 hours

This course is a study of the management process including planning, organizing, staffing, directing, and controlling. Topics include the classical and contemporary management theories that provide a foundation for the manager in today's business environment. (Note to Students: The course materials, assignments, learning outcomes, and expectations in this upper level undergraduate course assume that the student has completed all lower level general education and career planning coursework necessary to develop research, writing, and critical thinking skills. Students who have not fulfilled all general education requirements through courses or awarded transfer credit should strongly consider completing these requirements prior to registering for this course.

Management Ethics
3 hours

This course is a study of the moral and ethical responsibilities of managers in the conduct of daily activity inside and outside of the business enterprise. The morality of profit-making, fair and equal treatment of employees, and the responsibility of the business firm to the society in which it exists are analyzed and discussed. Equally stressed will be the idea of the individual's responsibility within the organization.

Fundamentals of Marketing
3 hours

This course is a comprehensive survey of marketing activities and the function of marketing. The course will familiarize the student with the scope, terminology, and procedures of marketing. Course topics include the analysis of markets, competition, consumer behavior, and the assessment of product, price, distribution, and promotion strategies. Consumer motivation and the diffusion and adoption of new goods and services are studied. The student will complete a marketing plan of his own.

Major Requirements
27 Hours
Intermediate Accounting I
3 hours

This course examines the accounting process including the adoption of the International Accounting standards (IAS) and reporting of financial reporting (e.g., balance sheet, income statement, and statement of cash flows). Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT101)

Pre Reqs: Accounting II(ACCT101)

Intermediate Accounting II
3 hours

Students will study accounting theory and practices associated with corporate accounting issues of pensions, leases, bonds, and investments and earnings per share. Students will also study the effects of time value of money and how it applies to business decisions. An in-depth analysis of liabilities, stockholder’s equity, and accounting changes and errors analysis are also reviewed in this course. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT301)

Pre Reqs: Intermediate Accounting I(ACCT301)

Intermediate Accounting III
3 hours

A survey of the financial reporting process, a detailed study of financial statements, and an analysis of generally accepted accounting principles. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT302)

Pre Reqs: Intermediate Accounting II(ACCT302)

Accounting Information Systems
3 hours

This course applies the practical application of accrual-basis accounting through the use of accounting software. Students will gain experience in integrated software designed to handle general ledger, accounts payable, accounts receivable, financial statement analysis, fixed assets, sales order processing, inventory, and payroll. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT101)

Pre Reqs: Accounting II(ACCT101)

3 hours

This course examines the role of the auditor in a global business environment. The course covers the scope of auditing, the rules governing the professional ethics of the Certified Public Accountant, the auditing process, and the legal liabilities and responsibilities of an auditor. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT303)

Pre Reqs: Intermediate Accounting III(ACCT303)

Managerial Accounting
3 hours

Students will analyze how internal accounting information can be used to support management in planning and controlling business activities. Topics covered range from (analysis of) financial statement analysis, job order cost systems, cost-volume-profit analysis, budgeting, performance evaluation using standard costs, differential analysis, and product pricing. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: Intermediate Accounting-ACCT301 or Equivalent)

Pre Reqs: Intermediate Accounting I(ACCT301)

Governmental and Not-for-Profit Accounting
3 hours

This course emphasizes the accounting principles and reporting requirements for government units and not-for-profit entities. Topics include the accounting cycle, budgeting and fund accounting, and accounting for state and local governments, colleges and universities, and for not-for-profit organizations. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite ACCT301)

Pre Reqs: Intermediate Accounting I(ACCT301)

Law for Accountants
3 hours

To develop a sound understanding of the nature of law and an appreciation of the role of law within which an Accountant operates. A study of an area of law of particular importance to business, including contracts, sales, negotiable instruments, secured transactions, agency, partnerships, and corporations. Students must have access to Microsoft Word and Microsoft Excel software.

Individual Federal Taxes
3 hours

Students will be introduced to procedures for analyzing tax information on an individual federal tax basis. The following material will be covered in this course: analysis of gross income, income exclusions, adjusted gross income, deductions, exemptions, and credits. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT100)

Pre Reqs: Accounting I(ACCT100)

Institutional Requirements
3 Hours
MATH125 – Math for Liberal Arts Majors will NOT meet the pre-requisites in this program and should not be completed as the Gen Ed Math requirement for this program.
Foundations of Online Learning
3 hours

This course is designed to provide a solid foundation for undergraduate study in the online environment. Students will be introduced to learning theory, the tools available in the online classroom and campus, and online research. Identification of personal learning style allows students to improve their study/learning techniques and prepares them to succeed in college level courses. Students will be introduced to formatting and citation styles. APUS policy and procedure is addressed. There is an emphasis on written communication to assist students in the transition to the online environment.

General Education
38 Hours

Final Program Requirement
3 Hours
Senior Seminar in Accounting
3 hours

The Capstone course is a senior level course designed to allow the student to review, analyze, and integrate the work the student has completed toward a degree in Accounting. The students will examine a number of real-world cases that relate to auditing and accounting issues, and students will prepare an approved academic project or paper that demonstrates mastery of their program of study in a meaningful culmination of their learning and to assess their level of mastery of the stated outcomes of their degree requirements. Students must complete ALL Core and Major courses prior to this course. Students must have access to Microsoft Word and Microsoft Excel software. Students must have a SENIOR standing to register.

General Electives
9 Hours
Electives are typically courses available at your degree level that are not currently required as a part of your degree program/academic plan. Please visit the catalog to view a complete listing of courses.

Program Completion Rates, Median Debt and More

View more details regarding our graduation rates, the median debt of students who completed the program, and other important information.


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