Declaration Requirements

To declare a major in Accountancy Honors, a student must meet the following requirements:

  • Admission into the Strobel Honors Program
  • Completion of 28.0 hours at DePaul University
  • The following courses must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher: ACC 101, ACC 102, BLW 201, ECO 105, ECO 106, MAT 135, MAT 136, and MAT 137
  • A minimum cumulative DePaul grade point average of 2.500
  • A minimum Accountancy (ACC) grade point average of 2.000
  • No grade of IN, R, or lower than C- in any Accountancy (ACC) course or course used toward the Accountancy major
  • Completion of ACC 303 and ACC 304 with minimum grades of C- 

C​ourse Requirements

In addition to ACC 101 and ACC 102, a student majoring in Accountancy Honors is required to complete the following courses totaling at least 40.0 hours:

Strobel Course Sections

The courses listed above must be taken as honors sections by students in the Strobel program. Strobel students take specially designated sections of all ACC classes, including ACC 101 and ACC 102.

Grade Standard

Strobel Honors students will face dismissal from the honors track if they receive a D or F in an honors accounting class or less than a B- in three honors accounting classes. This standard is designed to ensure that the academic excellence that the designation engenders is maintained.

Finance Honors

Strobel Honors students who are also accepted into the Finance Honors Program are not required to take ACC 307 or ACC 309.

Open Electives

Open elective credit (6.0 hours) is needed to meet the minimum graduation requirement of 192 hours.

Degree Conferral Requirements

All Accountancy (ACC) courses and any courses used toward the Accountancy major must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.

ACC 101

INTRODUCTION TO ACCOUNTING I

Introduction to Accounting I, provides an introduction to financial accounting as the means of recording, storing and summarizing economic events of the business enterprise to meet external reporting needs. Emphasis is placed on the preparation and analysis of financial statements and other financial reports to the public based on the accounting equation, accrual accounting concepts, and data gathering techniques. Topics include corporate accounting for current and long term assets and current liabilities, and the corporate income statement.
Prerequisites:
MAT 130 is a prerequisite for this class.

ACC 102

INTRODUCTION TO ACCOUNTING II

Introduction to Accounting II, a companion and sequel course to Accounting 101, continues to explore basic accounting fundamentals and concepts. The course provides an introduction to managerial accounting and internal reporting. Topics include financial accounting for long-term liabilities, the components of stockholders equity, the statement of cash flows, financial statement analysis, budgeting and variance analysis, job costing for the service sector and cost analysis for decision-making.
Prerequisites:
ACC 101 is a prerequisite for this class.

A&S 491

ADMINISTRATIVE THEORY AND BEHAVIOR

This course concerns theoretical concepts and empirical research relating to administrative behavior in organizations with special reference to educational organizations. Concepts are examined within the typical decisional framework of supervisors, chief school business officers, principles, and superintendents, and similar positions in the helping professions. Assignments are individualized.
Prerequisites:
Status as an Advanced Masters Education student is a prerequisite for this class.

ACC 303

MANAGERIAL ACCOUNTING

Managerial Accounting provides a thorough grounding in manufacturing accounting, cost allocation techniques, and the evaluation of management control systems. Students will examine manufacturing cost systems including job order costing, process costing, and activity-based costing. Tools for management control systems will be covered to enable the student to evaluate and compare various systems.
Prerequisites:
ACC 102 is a prerequisite for this class.

ACC 304

FINANCIAL REPORTING I

Financial Reporting I includes a study of U.S. and international accounting standards, the concepts of accounting and basic financial statements. Accounting for cash, receivables, inventories, depreciable assets and current liabilities will also be examined.
Prerequisites:
ACC 102 is a prerequisite for this class.

ACC 305

FINANCIAL REPORTING II

Financial Reporting II focuses on researching accounting issues, revenue recognition and financial statement analysis. The course also provides an understanding of complex issues such as accounting for investments, long term liabilities, derivatives, contributed capital, retained earnings and earnings per share.
Prerequisites:
ACC 304 or ACC 307 is a prerequisite for this class.

ACC 306

FINANCIAL REPORTING III

The third course in the financial accounting sequence, this course studies deferred taxes, pensions and other post-retirement benefits, leases, accounting changes and error analysis, statement of cashflows (advanced), and full disclosure, if time permits. Selected spreadsheet applications will be introduced through homework assignments.
Prerequisites:
ACC 305 or ACC 309 is a prerequisite for this class.

ACC 308

ADVANCED FINANCIAL ACCOUNTING

Advanced Financial Accounting focuses on accounting for multi-corporate entities and acquisitions, accounting for state and local governments, accounting for non-profit organizations, foreign operations, partnership accounting, and segment reporting. Selected spreadsheet applications will be introduced through homework assignments.
Prerequisites:
MIS 140 and (ACC 305 or ACC 309) are a prerequisite for this class.

ACC 350

INFORMATION FOR DECISION MAKING

Information for Decision-Making is typically the final course in the curriculum in Accountancy. It is the course in the program that most emphasizes research using the FASB Accounting Standards Codification and documenting research results. There is also a focus on written and oral communication as well as teamwork. More specifically, the course addresses the standard setting process in financial accounting as well as the role that the Securities and Exchange Commission fills in that process. In addition, current financial accounting topics are covered including revenue recognition, fair value measurement and disclosures, and earnings quality. The course also provides an introduction to International Financial Reporting Standards.
Prerequisites:
(ACC 305 or ACC 309) and ACC 380 are a prerequisite for this class.

ACC 372

AUDITING I

Auditing I provides a conceptual introduction to the nature and value of assurance services. The course examines the organization of the accounting profession, Generally Accepted Auditing Standards (GAAS), professional ethics, and legal responsibilities including U.S. Securities laws. It focuses on financial audits by external auditors, including planning and acceptance, internal control, evidence, and reporting.
Prerequisites:
ACC 305 or ACC 309 is a prerequisite for this class.

ACC 374

AUDITING II

Auditing II, a companion and sequel to ACC 372, emphasizes the implementation and application of generally accepted auditing standards to transaction cycles and classes of transactions. It includes the study of sampling techniques used in tests of controls and tests of details, internal control in computer-based systems, and introduces the use of Computer Assisted Audit Tools and Techniques. The role of internal auditors is also covered.
Prerequisites:
ACC 372 is a prerequisite for this class.

ACC 380

TAX TREATMENT OF INDIVIDUALS AND PROPERTY

Tax Treatment of Individuals and Property covers the basic provisions of the Internal Revenue Code as they relate to the taxation of individuals. It focuses on concepts of gross income, exclusions, deductions, exemptions, and credits, as well as property transactions. It also includes tax research.
Prerequisites:
ACC 304 or ACC 307 is a prerequisite for this class.

ACC 383

TAX TREATMENT OF CORPORATIONS AND PARTNERSHIPS

Tax Treatment of Corporations and Partnerships is a continuation of Accounting 380. The course covers the tax aspects of corporations and partnerships, including formation, operations, and distributions, as well as specially taxed corporations, ethics in tax practice, and an introduction to estate and gift taxation.
Prerequisites:
ACC 360 or ACC 380 is a prerequisite for this class.

ACC 307

FINANCIAL REPORTING I FOR FINANCE HONORS STUDENTS

Financial Reporting I includes a study of U.S. and international accounting standards, the concepts of accounting and basic financial statements. Accounting for cash, receivables, inventories, depreciable assets and investments will also be examined. This course takes a user of financial statements, rather than a preparer of financial statements, point of view.
Prerequisites:
ACC 101, ACC 102 and status as a Finance Honors student are a prerequisite for this class.

ACC 309

FINANCIAL REPORTING II FOR FINANCE HONORS STUDENTS

Financial Reporting II focuses on researching accounting issues, revenue recognition and financial statement analysis. The course also provides an understanding of complex issues such as accounting for investments, long term liabilities, derivatives, contributed capital, retained earnings and earnings per share.
Prerequisites:
ACC 307 and status as a Finance Honors student are a prerequisite for this class.

BLW 201

LEGAL & ETHICAL ASPECTS IN THE BUSINESS ENVIRONMENT

Legal and Ethical Aspects in the Business Environment. Study of the nature and philosophy of law including ethical perspectives and fundamental concepts and legal principles of sales contracts, product liability, business organizations, and employment law including ethical and social responsibilities in the managerial process.
Prerequisites:
Sophomore standing is a prerequisite for this class.

ECO 105

PRINCIPLES OF MICROECONOMICS

Principles of Microeconomics. Basic theories of micro (or individual) economic units; the theory of consumer demand, the firm, and distribution; pricing and production in competitive, monopolistic and oligopolistic industries.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.

ECO 106

PRINCIPLES OF MACROECONOMICS

Principles of Macroeconomics. Fundamental theories of macro (or aggregate) economics: supply and demand, national income accounting and analysis, and international trade. Analysis of unemployment, and inflation, and policies designed to combat these and other current problems.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.

MAT 135

BUSINESS CALCULUS I

Differential calculus of one or more variables with business applications. Formerly BMS 125.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.

MAT 136

BUSINESS CALCULUS II (FORMERLY BMS 126)

Integral calculus, matrix algebra, and probability theory with business applications. Formerly BMS 126.
Prerequisites:
BMS 125 is a prerequisite for this class.

MAT 137

BUSINESS STATISTICS

Basic concepts of statistics and applications; data analysis with the use of Excel; theoretical distributions; sampling distributions; problems of estimation; hypothesis testing; problems of sampling; linear regression and correlation. Formerly BMS 142.
Prerequisites:
MAT 136 or equivalent is a prerequisite for this class.