Accounting

The Muskingum University Accounting program focuses on mastering accounting principles to apply in all types of industry settings, including public and government accounting. Traditional teaching methods paired with the latest business and accounting software will prepare students to enter the business world successfully. The accounting profession is much more than maintaining records as the focus moves to analyzing business activity, processing data, and communicating information to decision-makers. Accountants can expect to apply skills in career areas such as auditing, cost management, financial analysis, management, policy, and taxation.

The close relationship between business, economics, and accounting allows students to acquire specialized knowledge by selecting any declared major of study and still gain a basic understanding of the other two.

Each of our majors provides a background for graduate study in economics, business, law, or immediate participation in the business community. The accounting major fulfills the education requirement for the certified public accounting (CPA) examination. The Accounting major program provides the additional credit hours needed for licensure (150 hours) in most states. The Muskingum Accounting and Business Management double major will also qualify graduates to begin the uniform CPA examination process. In addition to regular classroom course offerings, individual options for unique off-campus internships are also available.

Students interested in economics, accounting, or business major should contact the department chair at the earliest opportunity to ensure fulfillment of all degree and pre-professional requirements for completing a major in these areas and preparing for a related career.

Mission

The mission of the Economics, Accounting and Business Department is to help produce well-rounded members of the business community who understand the necessity of profit balanced by the constraints of ethical conduct, legal behavior, and risk.  All majors in our Department (Economics, Accounting, Accounting, Business Management, Marketing, Sport Administration) are designed to provide the tools necessary for our graduates to succeed in both the world of commerce and in graduate degree programs.  We seek to challenge our students to objectively analyze economic circumstances, to construct feasible and ethical alternatives, and to make appropriate decisions that balance the welfare of the firm with the overall impact on society.

The Economics, Accounting and Business Department mission supports the mission of Muskingum University by providing high quality academic programs in the context of a liberal arts education. We help develop whole persons who can think critically, behave ethically, and engage socially so that they may lead vocationally productive, personally satisfying, and socially responsible lives.

Program Learning Goals

• Demonstrate the ability to understand and apply accounting terms, concepts, principles, and tools. 
• Analyze accounting issues, challenges, and decision-making processes using the concepts, theories, and tools commonly used in the field. 
• Synthesize the core concept areas of financial and managerial accounting with the importance of the legal and ethical requirements of the accounting profession. 
• Illustrate knowledge of income tax rules and regulations, governmental accounting procedures, and the concepts of financial statement auditing. 
• Effectively communicate one’s knowledge of the field, through both oral and written means, using the language of accounting and business. 
• Additionally, for Accounting: Provide students the necessary coursework to sit for the Uniform Certified Public Accounting Examination.