On behalf of the Accounting department we are excited that you chose Accounting as your major. While it can take much hard work, the effort pays off. A degree in accounting offers many careers paths and an excellent starting salary once you graduate.
Consistent with the Mission of AUL, the Department of Accounting is committed to quality in our educational programs, research pursuits and service to the community.
We serve a diverse student population, many of who are first generation university students. We are responsive to the needs of non-traditional students whose life experiences and commitment to learning enrich the overall educational environment.
We also employ our professional skills in service to the School, University, scholarly and professional organizations, and the regional business community.
The mission of the Accounting Department supports the mission of the Faculty of Business Administration and the University by:
The vision of the Accounting Department is to achieve national recognition in accounting education by providing programs of academic distinction that meet the needs of the accounting profession.
The Objective of the Accounting Program is to:
Knowledge and Understanding
(KI) Recognize and understand ethical issues related to the accounting profession
(K2) Understand economic and industry issues, and the role of accounting within that environment
(K3) Demonstrate an understanding of current auditing standards and acceptable practices, as well as the impact of audit risk on the engagement
(K4) Learn relevant managerial accounting career skills, applying both quantitative and qualitative knowledge to their future careers in business
(K5) Demonstrate an understanding of the taxation of individual & Corporate income
(I1) Prepare financial statements in accordance with Generally Accepted Accounting Principles
(I2) Employ critical thinking skills to analyze financial data as well as the effects of differing financial accounting methods on the financial statements
(I3) Recognize circumstances providing for increased exposure to fraud and define preventative internal control measures
Practical and Professional Skills
(P1) Apply cost accounting methods to evaluate and project business performance
(P2) Complete a Project/ Written Assignment that integrates career orientation and or professional development skills
(P3) Demonstrate strong organizational skills and a capacity for responsive and timely work
(P4) Apply relevant software and programs in order to better analyze accounting information for internal and external users.
General and Transferable Skills
(G1) Effectively define the needs of the various users of accounting data and demonstrate the ability to communicate such data effectively, as well as t he ability to provide knowledgeable recommendations
(G2) Apply appropriate judgment derived from knowledge of accounting theory, to financial analysis and decision making
(G3) Demonstrate the development of information technology skills, including but not limited to the use of: The Internet, Online Learning Management Platforms, accounting and Income Tax software, and/or online Accounting homework systems
(G4) The student will experience real-world learning and application of skills via their internship