Accounting is the study of how businesses track their income and assets over time. The field of accounting offers challenging work that is constantly evolving.
Accounting Mission Statement
The mission of the Department of Accounting and Finance is to serve the needs of the department's constituencies by providing accounting education to citizens of northeastern Indiana, service and support to the professional and university communities, and opportunities for faculty development.
The major objective of the accounting program is to provide a program of professional accounting education that will enable graduates to become productive and contributing members of the accounting profession and provide them with a foundation upon which continued life-long learning can be built. To meet this objective, students graduating from the accounting program should possess the following knowledge and skills.
- An understanding of generally accepted accounting principles and the accounting theory that provides an overall framework for the development of such principles.
- An understanding of financial and managerial accounting, commercial law, taxation, auditing, and other elements of accounting as they apply to business enterprises, governmental agencies, and not-for-profit organizations.
- The analytical ability to develop and utilize accounting, legal, taxation, and other information to solve complex and unstructured business problems.
- The ability to communicate clearly and persuasively about accounting and other related matters, both in writing and orally, to business professionals.
- An understanding of ethical behavior in the accounting profession and an awareness of situations with ethical ramifications that will provide the student with a framework useful for developing solutions to ethical dilemmas.