9 2023–2024 CATALOG AND STUDENT HANDBOOK SCHOOL OF BUSINESS Bachelor of Science Degree Fully online program 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, applicants must provide transcripts from an accredited institution of higher learning as recognized by the U.S. Department of Education or the Council for Higher Education Accreditation (CHEA) that demonstrates one of the following: a. A conferred Associate’s Degree in Accounting b. A conferred associate’s or bachelor’s degree in an unrelated field c. Completion of at least 60 quarter credits or 40 semester credits of college-level coursework with a grade of C or higher in each course Students who transfer a conferred Associate’s Degree in Accounting will receive a block transfer of 90 lower-level quarter credits. Students with a conferred associate’s or bachelor’s degree in an unrelated field, or at least 60 eligible quarter credits, may be considered for this program as specified below: • Students may be required to take additional lower-level prerequisite courses when equivalent courses have not been completed. Prerequisite courses a student may be required to complete include: ACG1022 Financial Accounting I and ACG1033 Financial Accounting II. • In addition, the students will have their transcripts evaluated on a course-by-course basis to determine whether any upper-level credits will also apply to their program. Eligible transfer credits will be applied to their program at the appropriate level. Students who have fewer than 90 transferable lower-level quarter credits will be required to take additional lower-level coursework. The additional coursework will be determined by Rasmussen University based upon a predetermined elective pool appropriate for the program of enrollment. GENERAL EDUCATION COURSES Upper Division Communication (Select 1 course)+ 4 Humanities (Select 2 courses)+ 8 Math / Natural Sciences (Select 1 course)+ 4 Social Sciences (*Required; select 1 additional course)+ 8 *ECO3250 Managerial Economics See page 93 for General Education Course Selections. CORE COURSES Upper Division ACG3080 Managerial Accounting Theory and Practice 4 ACG3085 Advanced Auditing Concepts and Standards 4 ACG3205 Risk Management for Accountants 4 ACG3246 Intermediate Financial Accounting I 4 ACG3256 Intermediate Financial Accounting II 4 ACG3481 Cost Accounting 4 ACG4402 Accounting Information Systems 4 ACG4619 Corporate and International Accounting 4 ACG4724 Career Planning for Professionals 3 ACG4885 Bachelor’s Accounting Capstone 3 BUL3266 Business Law and Finance 4 FIN3247 Investments and Security Markets 4 GEB3020 Advanced Principles of Financial Management 4 MAN3504 Operations Management 4 MAN4720 Strategic Management 4 MAN4845 Leadership and Teams 4 TAX3257 Partnership and Corporate Taxation 4 Transferred Lower-Division Credits 90 Upper-Division General Education Credits 24 Upper-Division Core Credits 66 Total Bachelor’s Degree Credits 180 +Self-directed assessment available; see page 172 for details. This competency-based education program contains both traditional and competency- based education (CBE) courses. CBE courses are indicated in italics. This program is not designed to prepare graduates for any state-issued professional license or certification. This Accounting program does not meet all educational prerequisites for licensure as a Certified Public Accountant (CPA) in any state. For further information on professional licensing requirements, please contact the appropriate board or agency in your state of residence. The coursework in this program is aligned with the standards of the Institute of Management Accountants (IMA) and meets the academic requirements to sit for the Certified Management Accounting (CMA) exam. Additional requirements, such as work experience in a management accounting role, may be required to sit for the CMA exam. Please consult the IMA for any further details as requirements may change at any time. A student enrolled in an associate degree program through Rasmussen University Online may dual enroll in this Bachelor’s degree program when enrolled in the final 12 credits needed to complete their enrolled associate’s degree program, and all program acceptance requirements are met. The student may be scheduled to complete Associate program course requirements before taking Bachelor-level courses. The student will graduate from their enrolled associate degree program only when all course requirements specific to that program have been completed. Students who choose this option to dual enroll cannot complete the final 12 credits in the associate degree as self-directed assessments (SDA). Students enrolled in a Rasmussen University Certificate or Diploma program are not eligible to dual enroll in this Bachelor’s degree program. Students enrolled in a residential program through a campus are not eligible to dual enroll in this program. Accounting | BACHELOR’S DEGREE Empowered Learning Competency-Based Education Program | Knowledge Credit Self-Directed Assessment Available ALL CONTENT IS SUBJECT TO CHANGE BY ADDENDUM 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 Eligibility to Substitute Master’s-Level Course While Enrolled in a Bachelor’s Degree Program Policy for more information. * Master’s courses are 11-weeks in length and are solely offered as competency-based education (CBE) courses. Bachelor’s-Level Course Master’s-Level Course Substitution* MAN4720 Strategic Management MAN6720 Applied Strategic Planning
