Department of Accounting

General Information | Degree Requirements | Courses in Accounting

Donald W. Reynolds Center, Room 205, (501) 569-3484, fax (501) 683-7021, Website, View/Download PDF Version

Chairperson:
Hamm, Jeffrey, Professor

Professors:
Oliva, Robert

Associate Professors:
Daily, Cynthia
Dearman, David T.
Farewell, Stephanie M.
Kumar, Gaurav
Taylor, Cynthia L.
Watts, Michael M.

Assistant Professors:
Yan, Jinqiu (Claire)

Instructors:
Dorsey, Roger W.
Johnson, Cynthia L.

The mission of the Department of Accounting is to provide quality educational experiences that enable students to enter and advance within the accounting profession. In pursuit of this mission, the faculty is committed to providing effective teaching, relevant research, and academic, professional, and community service.

Educational Objectives

Graduates of our accounting programs should possess:

  • Professional and technical knowledge,

  • Effective communication skills,

  • Analytical thinking abilities,

  • Knowledge of professional and ethical standards, and

  • Professional aspirations.

General Information

Requirements to sit for the CPA Exam

In the State of Arkansas, a CPA candidate must meet certain accounting and business education requirements. Students who earn an undergraduate degree that includes at least 30 undergraduate semester hours or 20 graduate hours in business, other than accounting, and at least 30 undergraduate semester hours or 20 graduate semester hours in accounting above the principles level will be deemed to have met the education requirement for the CPA examination. Candidates who successfully complete the CPA examination must also complete 150 semester hours in order to be licensed.
Further details on UALR course offerings and their application to CPA exam requirements can be found at the department’s website. Specific and official information about the requirements to sit for the CPA Exam in Arkansas is available from the Arkansas State Board of Public Accountancy.


Minor in Accounting

A minor in accounting requires ACCT 2310, 2330, 3311, 3312, and two accounting electives.

Prerequisites

Students enrolling in any accounting course for which the designated prerequisite work has not been completed previously may be administratively dropped from the course.

Attempt Limit for Undergraduate Accounting

Policy: Students are limited to a maximum of three attempts in each undergraduate accounting course.

Effective Date: This policy will be effective starting in fall semester 2009. Attempts prior to this effective date will not be counted in the application of this policy.

Right of Appeal: Students with extenuating circumstances may appeal the application of this policy to the department chair. If a waiver of the policy is granted for a particular course, the student must enroll in that class within 12 months of the date that the waiver was granted (or in the next term the course is offered if the course is not offered within the next 12 months) and successfully complete the course in that term.

Definitions: An “attempt” is defined as either a full-term enrollment with a letter grade or Incomplete being posted or a partial-term enrollment that lasts beyond the drop deadline but ends with a withdrawal and a W being posted to the transcript. A “successful completion” is defined as a grade of C or greater in the course.

If a student drops, withdraws, or requests an incomplete this will not be considered a successful completion.


Bachelor of Business Administration in Accounting

General: (124 total minimum hours, including 45 hours upper-level courses (3000-4000 level) and 30 hours in residence; students must complete at UALR at least 50 percent of the major department degree requirements and at least 50 percent of all COB courses required for a business degree)

First-Year Colloquium (0-3 hours)

Required of full-time freshmen entering college for the first time and transfer students with less than 12 hours of credit (See page 25 for requirement details.)

Core (44 hours)

See page (See page 25 for requirement details.

Second Language Proficiency (none required)

Major (75 hours)

Pre-business Courses (24 hours)
    MATH 1342 Business Calculus
    ACCT 2310 Principles of Accounting I
    ACCT 2330 Principles of Accounting II
    ECON 2310 Business Statistics I
    ECON 2322 Principles of Microeconomics
    ECON 2323 Principles of Macroeconomics
    MGMT 1310 Fundamentals of Information Technology
    MKTG 2380 Legal Environment of Business
Professional Business Studies Foundation (24 hours)
    ECON 3355 Quantitative Business Analysis
    FINC 3310 Business Finance
    MGMT 3300 Organizational Behavior and Management
    MGMT 3304 Production/Operations Management
    MGMT 3305 Management Information Systems
    MGMT 3380 Business Communication
    MGMT 4380 Business Strategy and Policy
    MKTG 3350 Principles of Marketing
Accounting Course Requirements (30 hours)
Nine courses (27 hours) must be the following:
    ACCT 3311 Intermediate Financial Accounting I
    ACCT 3312 Intermediate Financial Accounting II
    ACCT 3321 Federal Taxation
    ACCT 3330 Intermediate Cost and Managerial Accounting I
    ACCT 3341 Accounting Information Systems
    ACCT 3361 Accounting for Governments, Not-for-profits, and Other Financial Issues
    ACCT 4311 Accounting Issues
    ACCT 4314 Advanced Financial Accounting
    ACCT 4351 Auditing Theory and Practice I
    One course (3 hours) chosen from any ACCT 43XX course

Minor (none required; pre-business and professional business studies courses fill all hours)

Unrestricted General Electives

Remaining hours, if any, to reach 120 minimum total hours, 45 hours of upper-level courses (3000-4000 level), or 30 hours in residence.
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