Undergraduate Program Admission
The maintenance of an overall GPA of 2.0 at the end of the sophomore year is required for enrollment in the junior year. Transfer students are required to have achieved an overall GPA of 2.0 at all previous institutions attended.
Graduate Program Admission
Students who choose to pursue the BA/MBAA program leading to an MBA in accounting should apply for admission to the MBA program in their junior year.
Admission to the MBA program is based on the following criteria:
(1) A minimum cumulative average of 2.75 in all accounting courses taken at Canisius, including all junior accounting courses;For additional information, refer to the Graduate Catalog or contact the director of Graduate Accounting programs.
(2) A minimum cumulative overall average of 3.0 by the end of the junior year;
(3) A minimum score of 500 on the GMAT. Applicants should plan to take the GMAT at the earliest opportunity during their junior year.
| 1. | ENG 101, ENG 102, PHI 101, RST 101 (4 courses) |
(12 credits) | ||
| 2. | Area Studies:1 Two courses from: | |||
| AS I | ||||
| AS III (one course must be Eng 389) | (6 credits) | |||
| AS IV | (6 credits) | |||
| AS VI | (6 credits) | |||
| AS VIII | (6 credits) | |||
| 3. | Major course requirements: (26 courses) | |||
| a. Common body of business knowledge: | ||||
| QNT 101 Quantitative Methods for Business | (3 credits) | |||
| AND | ||||
| MAT 106 Calculus for the Non-Sciences | (6 or 4 credits) | |||
| OR | ||||
| MAT 111 Calculus I | (4 credits) | |||
| OR | ||||
| MAT 115 Calculus for Business I | (4 credits) | |||
| ACC 201 Principles of Financial Accounting I | (3 credits) | |||
| ACC 212 Principles of Accounting II | (3 credits) | |||
| ECO 101 Principles of Macroeconomics | (3 credits) | |||
| ECO 102 Principles of Microeconomics | (3 credits) | |||
| ECO 255 Business Statistics I | (3 credits) | |||
| ECO 256 Business Statistics II | (3 credits) | |||
| FIN 201 Introduction to Finance | (3 credits) | |||
| ISB 101 | (3 credits) | |||
| ISB 307 Management/Accounting Technology | (3 credits) | |||
| MGT 101 Introduction to Management | (3 credits) | |||
| MGT 325 Operations Analysis for Business | (3 credits) | |||
| MGT 446 Managerial Policy Strategy | (3 credits) | |||
| MKT 201 Principles of Marketing | (3 credits) | |||
| Business Elective | (3 credits) |
150 Hours - B.S. in Professional Accounting
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC 301-302 | Intermediate Accounting I and II | (6 credits) | ||
| ACC 303 | Cost Accounting | (3 credits) | ||
| ISB 307 | Accounting Information Systems | (3 credits) | ||
| ACC 415 | Basic Taxation | (3 credits) | ||
| ACC 416 | Advanced Tax | (3 credits) | ||
| ACC 426 | IS Auditing | (3 credits) | ||
| ACC 451 | Seminar in Accounting Theory | (3 credits) | ||
| Accounting Elective | (3 credits) | |||
| LAW 371 | Business and Commercial Law | (3 credits) | ||
| LAW 372 | Business Organizations and Commercial Paper | (3 credits) |
Typical Schedule:
| Fall | Spring | |||
| Freshman Year | ||||
| ENG 101 QNT 101 or MAT 111 or MAT 115 ECO 101 ISB 101 AS VIII |
3 credits 3 or 4 credits 3 credits 3 credits 3 credits |
ENG 102 MAT 106 or Elective MGT 101 ECO 102 AS VIII |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 or 16 credits | Total | 15 credits | |
| Sophomore Year | ||||
| RST 101 ACC 201 ECO 255 AS I AS IV |
3 credits 3 credits 3 credits 3 credits 3 credits |
PHI 101 ACC 212 ECO 256 AS IV FIN 201 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Junior Year | ||||
| ACC 301 ACC 303 ISB 307 PHI 340 or 344 AS VI |
3 credits 3 credits 3 credits 3 credits 3 credits |
ACC 302 MKT 201 AS I AS V ENG 389 Elective |
3 credits 3 credits 3 credits 4 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 19 credits | |
| Senior Year | ||||
| MGT 325 ACC 421 ACC 451 or ACC elective Business Elective AS VI |
3 credits 3 credits 3 credits 3 credits 3 credits |
ACC 425 MGT 446 AS I AS III Elective |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Fifth Year | ||||
| ACC 415 Law 371 ACC 426 Elective Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
Law 372 ACC Elective ACC Elective Elective Elective |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits |
Requirements for Graduation: To qualify for graduation with a B.S. degree in business administration with a major in Accounting, a candidate must complete all the graduation requirements outlined in this catalog and must have a cumulative average of 2.0 for all of the accounting and business law courses taken at Canisius College.
150 Hours - B.S./M.B.A.A.
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC 301-302 | Intermediate Accounting I and II | (6 credits) | ||
| ACC 303 | Cost Accounting | (3 credits) | ||
| LAW 371 | Business and Commercial Law | (3 credits) | ||
| LAW 372 | Business Organizations and Commercial Paper | (3 credits) |
Graduate Portion —
| MBA 502 | Organizational Behavior | (3 credits) | ||
| MBA 507 | Operations | (3 credits) | ||
| MBA 508 | Corporate Finance | (3 credits) | ||
| MBA 620/621 | Finance Elective | (3 credits) | ||
| MBA 630 | Marketing | (3 credits) | ||
| MBA 641 | Human Resources | (3 credits) | ||
| MBA 690 | Strategic Management | (3 credits) | ||
| MBA 672 | Advanced Commercial Law | (3 credits) | ||
| MBA 715 | Basic Taxation | (3 credits) | ||
| MBA 716 | Advanced Tax | (3 credits) | ||
| MBA 721 | Advanced Financial Reporting | (3 credits) | ||
| MBA 725 | Auditing Theory and Practice | (3 credits) | ||
| MBA 726 | Advanced Auditing | (3 credits) | ||
| MBA 729 | Not for Profit Accounting | (3 credits) | ||
| MBA 751 | Accounting Theory and Research | (3 credits) | ||
| MBA Elective | (3 credits) |
NOTE: Students do not take MGT 325 or 446
Typical Schedule:
| Fall | Spring | |||
| Freshman Year | ||||
| ENG 101 QNT 101 or MAT 111 or MAT 115 ECO 101 ISB 101 AS VIII |
3 credits 3 or 4 credits 3 credits 3 credits 3 credits |
ENG 102 MAT 106 or Elective MGT 101 ECO 102 AS VIII |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 or 16 credits | Total | 15 credits | |
| Sophomore Year | ||||
| RST 101 ACC 201 ECO 255 MKT 201 AS IV |
3 credits 3 credits 3 credits 3 credits 3 credits |
PHI 101 ACC 212 ECO 256 AS IV FIN 201 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Junior Year | ||||
| ACC 301 ACC 303 ACC 307 PHI 340 or 344 AS VI |
3 credits 3 credits 3 credits 3 credits 3 credits |
ACC 302 AS I AS V ENG 389 AS III |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Senior Year | ||||
| MBA 715 MBA 721 MBA 751 LAW 371 AS VI |
3 credits 3 credits 3 credits 3 credits 3 credits |
MBA 690 AS I MBA 716 MBA 725 LAW 372 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Fifth Year | ||||
| MBA 502 MBA 508 MBA 672 MBA 630 MBA 726 |
3 credits 3 credits 3 credits 3 credits 3 credits |
MBA 507 MBA 729 MBA 641 MBA elective MBA Finance elective |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits |
Requirements for Graduation: Students in the 150-Hour Program will graduate with a B.S. degree in business administration (major Accounting) at the end of their senior year
To graduate with a degree of M.B.A. in Accounting, a minimum G.P.A. of 3.0 (scale of 4.0) is required in all graduate courses taken.
120 hours - B.S. in Accounting Information Systems
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC 301 | Intermediate Accounting I | (3 credits) | ||
| ACC 303 | Cost Accounting | (3 credits) | ||
| ACC/LAW | Accounting or Law elective | (3 credits) | ||
| ACC 331 | E-Business | (3 credits) | ||
| ACC 340 | Database Management | (3 credits) | ||
| ACC 426 | Information Security, Control and Auditing | (3 credits) | ||
| ACC 452 | Enterprise Systems | (3 credits) | ||
| (6 or 9 credits) |
Typical Schedule:
| Fall | Spring | |||
| Freshman Year | ||||
| ENG 101 QNT 101 or MAT 111 or MAT 115 ECO 101 ISB 101 AS VIII |
3 credits 3 or 4 credits 3 credits 3 credits 3 credits |
ENG 102 MAT 106 or Elective MGT 101 ECO 102 AS VIII |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 or 16 credits | Total | 15 credits | |
| Sophomore Year | ||||
| RST 101 ACC 211 ECO 255 AS I AS IV |
3 credits 3 credits 3 credits 3 credits 3 credits |
PHI 101 ACC 212 ECO 256 AS IV FIN 201 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Junior Year | ||||
| ACC 301 ACC 303 ISB 307 PHI 340 or 344 AS VI |
3 credits 3 credits 3 credits 3 credits 3 credits |
ACC 331 MKT 201 AS V AS VI ENG 389 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Senior Year | ||||
| MGT 325 ACC 426 MGT 370 ACC/LAW Elective ACC 340 |
3 credits 3 credits 3 credits 3 credits 3 credits |
ACC 452 MGT 446 AS III AS VI AS I |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits |
Requirements for Graduation: To qualify for graduation with a B.S. degree in Accounting Information Systems, a candidate must complete all the graduation requirements outlined in this catalog and must have a cumulative average of 2.0 in all accounting courses taken at Canisius College.
120 Hours - B.S. in Accounting
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC-301-302 | Intermediate Accounting I and II | (6 credits) | ||
| ACC 303 | Cost Accounting | (3 credits) | ||
| ACC 415 | Basic Taxation | (3 credits) | ||
| ACC Electives | Elective courses in accounting | (6 credits) | ||
| LAW 371 | Businessand Commercial Law | (3 credits) | ||
| Electives | Free Electives | (3 credits) |
Typical Schedule:
| Fall | Spring | |||
| Freshman Year | ||||
| ENG 101 QNT 101 or MAT 111 or MAT 115 ECO 101 ISB 101 AS VIII |
3 3 or 4 3 3 3 |
ENG 102 MAT 106 or Elective MGT 101 ECO 102 AS VIII |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 or 16 credits | Total | 15 credits | |
| Sophomore Year | ||||
| RST 101 ACC 201 ECO 255 AS I AS IV |
3 credits 3 credits 3 credits 3 credits 3 credits |
PHI 101 ACC 212 ECO 256 AS IV FIN 201 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Junior Year | ||||
| ACC 301 ACC 303 ISB 307 PHI 340 or 344 AS VI |
3 credits 3 credits 3 credits 3 credits 3 credits |
ACC 302 MKT 201 AS III AS V ENG 389 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Senior Year | ||||
| ACC 415 ACC elective AS I LAW 371 AS VI |
3 credits 3 credits 3 credits 3 credits 3 credits |
ACC elective MGT 325 MGT 446 LAW 372 FIN 311, 312, OR 314 |
3 credits 3 credits 3 credits 3 credits 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| TOTAL | 120 OR 121 credits |
Requirements for Graduation: To qualify for graduation with a B.S. degree in business administration with a major in Accounting, a candidate must complete all the graduation requirements outlined in this catalog and must have a cumulative average of 2.0 for all of the accounting and business law courses taken at Canisius College.
COURSES: 2007 - 2009
ACC 201 Principles of Financial Accounting 3 credits
Introduction to accounting concepts for external financial reporting. Accounting theories and principles relative to asset and liability valuations, and income determination. Spring & Fall
ACC 212 Principles of Accounting II 6 credits
Fundamental concepts and procedures of financial and managerial accounting with emphasis on asset and liability valuations, income determination and cash flows. Accounting applications of present value concepts and budgeting. For Accounting majaors. Prerequisite: ACC 201 Spring
ACC 301-302 Intermediate Accounting I and II 6 credits
In-depth accounting concepts and theories pertaining to external financial reporting. Emphasis on theories surrounding asset valuations, liabilities, income determination and cash flows. Prerequisites: ACC 211-212, junior standing and overall G.P.A. of 2.0. ACC 301 Spring & Fall, ACC 302 Spring
ACC 303 Cost Accounting 3 credits
Preparation and analysis of data utilized by management in planning and control decisions. Inventory valuation and reporting methods. Establishment and use of standards and budgets. Prerequisites: ACC 211-212, junior standing and overall G.P.A. of 2.0. Spring & Fall
ISB307/ACC 307 Management and Accounting Information Systems 3 credits
Development, organization, and implementation of manual and electronic accounting and management information systems. Emphasis on flow charts and analysis, modification and improvement of existing systems. Prerequisites: Junior standing and ISB 201. Spring & Fall
ACC 331 E-Business 3 credits
Challenges and strategies in electronic mediated business such as; electronic business relationships; electronic payment systems; virtual supply chains; product development strategies; legal security and privacy issues. Evaluation and construction of electronic business web sites through case studies and projects. Prerequisites: ACC 307 and MKT 201 or concurrent registration. Spring
ACC 340 (ISB 340) Database Management 3 credits
Design and use of database management systems through host languages and user query languages. Data structures; database design; database access methods; alternate data models; database administration. Prerequisites: ACC 307 and ISB 201. Fall
ACC 415 Basic Taxation 3 credits
Provisions of Internal revenue Code affecting individuals and corporations; tax factors in planning and decision making; social, political and economic considerations underlying tax laws.There will be an emphasis on learning research and communications skills. Students will learn to prepare various business and accounting correspondence including, reports, memorandums, client and engagement letters. Prerequisite: ACC 212. Fall
ACC 416 Advanced Tax 3 credits
Internal Revenue Code provisions relating to taxation of corporations and shareholders; partnerships and partners
including organization, reorganization, distribution and liquidation. Emphasis on Sub-Chapters “C,” “S” and “K.” Course includes learning oral and written presentations skills and techniques. Prerequisite: ACC 415. Spring
ACC 421 Advanced Accounting Problems 3 credits
Problem-solving techniques relative to mergers and consolidations; organization and liquidation of partnerships; introduction to fiduciary accounting for receivers, trusts and estates. Prerequisite: ACC 302. Fall
ACC 425 Auditing Theory and Practice 3 credits
Generally accepted auditing standards, internal control, professional liability of auditors, ethics of the profession, statistical sampling and the auditor’s report. Prerequisite: ACC 302. Spring
ACC 426 Information Security Controls and Auditing 3 credits
Information system control design and auditing in the internet, electronic and paperless environment; management of security technology; operating and application system processing controls; prevention of unauthorized activity. Prerequisites: ACC 307 and ACC/ISB 340. Fall
ACC 429 Not For Profit 3 credits
Accounting and reporting issues that apply to governmental units, hospitals, schools, religious institutions and other non-profit organizations; budgetary procedures including appropriations and encumbrances. Spring
ACC 451 Accounting Theory and Research 3 credits
Standard setting procedures at the US and international levels, accounting concepts and principles, contemporary accounting issues, concepts of income determination, extensive database research to support or oppose accounting positions and library research culminating in a research paper or class presentation. The course will also provide instruction in business/accounting written and oral communication. Prerequisite: ACC 302. Fall
ACC 452 Enterprise Systems 3 credits
Measuring the value of enterprise information; enterprise resource planning (ERP) system design and functionality; international accounting systems issues; data integrity; use of financial and non-financial information for corporate decision-making. Prerequisite: Senior standing Spring
ACC 499 Independent Research in Accounting 3 credits
Undertaking of a significant piece of independent research. By appointment with chairperson. Spring & Fall
LAW 371 Business and Commercial Law 3 credits
American legal system and substantive law of contracts, agency, bailments, sales, products liability. Uniform Commercial Code and cases. Prerequisite: ACC 212 or permission of instructor. Fall
LAW 372 Business Organizations and Commercial Paper 3 credits
Legal aspects of partnerships and corporations; advantages and disadvantages of each, together with commercial paper under Uniform Commercial Code; trade regulation; bankruptcy. Prerequisite: LAW 371. Spring
LAW 472 Advanced Commercial Law 3 credits
Foreign Corrupt Practices Act of 1977, secured transactions, accountant liability, real property, trusts and estates, and insurance. Prerequisite: LAW 372. Fall
1 Area II is automatically fulfilled because this program is in the social sciences. Area VII is fulfilled by the mathematics courses required in this program. One Area V course is fulfilled by the required course in philosophy.