2021–2022 CATALOG AND STUDENT HANDBOOK SCHOOL OF BUSINESS Accounting | BACHELOR’S DEGREE Empowered Learning Competency-Based Education Program | Knowledge Credit Self-Directed Assessment Available Bachelor of Science Degree CAREER OPPORTUNITIES • Accountant • Auditor • Cost Accountant • Financial Analyst • Managerial Accountant • Accounts Payable • Accounts Receivable Careers Disclosure: This program is not designed to prepare graduates for any state-issued professional license or certification. This program does not meet all educational prerequisites for licensure as a Certified Public Accountant (CPA) in any state. Each state determines its own requirements for licensure as a Certified Public Accountant (CPA). In addition to other requirements, most states require a bachelor’s degree and no fewer than 225 quarter credits (150 semester credits) of university coursework, specific in-field experience, and passage of the CPA licensing exam. Additional examination eligibility and licensure requirements exist. Please consult with your state’s board of accountancy or equivalent oversight agency for further details, as requirements may change at any time. This program has not been approved by any state board of accountancy or other professional licensing agency. OBJECTIVE Graduates of this program know the accounting processes and cycles of professional accounting firms, businesses, and government agencies. They can manage accounts receivable, accounts payable, and payroll, and can also prepare tax returns, prepare and analyze financial statements, and use computer applications proficiently. They can perform advanced accounting tasks pertaining to taxes, auditing, fraud examination, and international accounting. They can apply, analyze, synthesize, and evaluate facts and theories; locate, evaluate, and integrate appropriate primary and secondary sources; integrate their ideas with the ideas of others to create new knowledge; recognize and address complex ethical situations; communicate effectively in a variety of scenarios; and operate effectively within a continually changing environment. Graduates value communication, critical thinking and problem solving, scientific and information literacy, financial literacy, diversity-awareness, knowledge creation skills, and the need to incorporate them in meaningful ways. ACCEPTANCE REQUIREMENTS This is a bachelor-completer program. To be considered for admission, students must hold a conferred Associate’s or Bachelor’s degree from an accredited institution as recognized by the U.S. Department of Education, or students without a conferred degree must have successfully completed at least 60 quarter or 40 semester credits of college-level coursework with a grade of “C” or higher in each course that will be transferred. Students who are transferring in a conferred Associate’s or Bachelor’s degree from an accredited institution as recognized by the U.S. Department of Education will have their transcripts evaluated on a course-by-course basis to determine whether lower-level pre-requisite coursework has been completed for the program. Students who have not completed, with a grade of “C” or higher, the following courses or their equivalents will be required to complete them through the progression of their program to graduate. The lower-level pre-requisite courses that may be required to be completed are Financial Accounting I and Financial Accounting II. Students who are transferring in at least 60 quarter credits or 40 semester credits will have their transcripts evaluated on a course-by-course basis to determine whether lower-level pre-requisite coursework has been completed for the program. Students who have not completed, with a grade of “C” or higher, the following courses will be required to complete them through the progression of their program to graduate. The lower-level pre-requisite courses that may be required to be completed are Financial Accounting I and Financial Accounting II. In addition, students who have fewer than 90 lower-level quarter credits applied to their program will be required to take additional lower-level coursework up to a total of 90 credits. The additional coursework will be determined by Rasmussen University as appropriate for the program of enrollment. GEB3020 TAX3257 Advanced Principles of Financial Management Partnership and Corporate Taxation Choose either Track I or Track II Track I1 ACG4880 Accounting Internship Track II ACG4885 Bachelor’s Accounting Capstone Transferred Lower-Division Credits Upper-Division General Education Credits Upper-Division Core Credits Total Bachelor’s Degree Credits +Self-directed assessment available; see page 158 for details. This competency-based education program contains both traditional and competency-based education (CBE) courses. CBE courses are indicated in italics. 1 Track I includes an internship, which is not available to students in all states. Please speak to a Admissions Advisor for more details. This program is offered online in Illinois. MASTER’S-LEVEL COURSE SUBSTITUTIONS: Eligible students enrolled in this program may elect to substitute specific master’s- level courses for certain bachelor’s-level courses as displayed on the table below. See the for more information. Bachelor’s-Level Course MAN4720 Strategic Management Master’s-Level Course Substitution* MAN6720 Applied Strategic Planning * Master’s courses are 11-weeks in length and are solely offered as competency-based education (CBE) courses. 3 3 90 24 66 180 4 4 GENERAL EDUCATION COURSES Upper Division See page 88 for General Education Course Selections. CORE COURSES Upper Division ACG3080 Managerial Accounting Theory and Practice ACG3085 ACG3205 ACG3246 ACG3256 ACG3481 ACG4724 Advanced Auditing Concepts and Standards Risk Management for Accountants Intermediate Financial Accounting I Intermediate Financial Accounting II Cost Accounting Career Planning for Professionals 4 4 4 4 4 4 3 ALL CONTENT IS SUBJECT TO CHANGE BY ADDENDUM 9 4 8 4 8 C umh / N ci H t l 5 ni t * E a a 2 M ci 3o OS C omma a n i u c S 0 u s a ( e* r e r e n ic S c t e Ma a e i eq l n ( l S R a t e n i o s ag ion c c ( t 2 c e S e l e u Ec i l oe u e lS e c no c s er l s t 1 c e c 1 ( s o ) u r s ec t red ; s t 1 c a m i e ) o du ir tis oe n) a s d l c o u r s e ) 4 4 4 4 4 A GC 4G 64 14 9 A 0 C 2 Ac p C o B N F U 3 I L 2 3 4 2 7 6 6 c ro au t r nt i o n g n e a I v I d I nfo r m a e at i n t r n o nn a S l Ays ct ce om us n t i o B eu ss ti mn ee ns ts L s a n A 4 4 M N 8A 4 A N37 M N 5205 M 0 4 O at s S at dr e L p e h e er g p a t c a i i r i o M n n as n M a a nw a d S n e d F i c u t i n g n ia tn y M c a g e a r r k e n e a d T e g e s a mm emnt en t t s 4 4 B ach el or ’ s Pr E a g l o i m r g i pb oi ll it c i y ty o S u b s t i t u t e M a s t e r ’ s - L e v e l C o u r s e w h i l e E n r o l l e d i n a + + + +
