The following requirements must be met in order to complete a major in Accounting.  For detailed course descriptions, please consult the Course Guide.

Please be aware of stated prerequisites for major courses (including business core courses) that need to be completed before taking the course.  Specific prerequisites can be found using the Course Guide.

 

1.  Admission to the School of Business

 

2.  Earn a 2.5 GPA in business and economic subjects at the beginning of the senior year and each semester thereafter.  Students must have a 2.5 GPA in business and economics courses to enroll in Acct I S 630 and 406.

 

3.  Accounting majors must take a minimum of 18 credits from Acct I S courses at the 301 level or higher at UW-Madison.

 

	Course #	Course Title	Cr.
4.	Gen Bus 302	Business Organizations and Negotiable Instruments	3
5.	Acct I S 301	Financial Reporting I	3
6.	Acct I S 302	Financial Reporting II	3
7.	Acct I S 310	Cost Management Systems	3
8.	Acct I S 340	Accounting Systems*	3
9.	Acct I S 406	Advanced Financial Reporting**	3
10.	Acct I S 620	Fundamentals of Taxation	3
11.	Acct I S 630	Audit and Assurance Services	3

 

*- Acct I S 340 is only offered in the fall semester

**- Students admitted to the five-year Professional Program substitute Acct I S 600 and Acct I S 601 for Acct I S 406 (see below)

 

The following courses are required if admitted to the 5-year Professional Program:

	Course #	Course Title	Cr.
1.	Acct I S 600	Accountancy Internship and Practice Research	6
2.	Acct I S 601	Professional Practice Issues in Accounting and Auditing	3

 

 

Recommended Electives

Accounting Electives

• Acct I S 603 (3 credits), Financial Statement Analysis
• Acct I S 621 (3 credits)#, Corporate and Advanced Taxation
• Acct I S 625 (3 credits), Tax Strategy and Practice
• Acct I S 631 (3 credits), Information Technology, Risk, and Assurance Services

 

# - Students following the tax track of the five-year Professional Program should take this class before their internship.

 

Other Relevant Courses

• Finance 320 (3 credits), Investment Theory
• Finance 325 (3 credits), Corporation Finance
• Finance 455 (3 credits), Financial Policy
• Info Sys 371 (3 credits), Technology of Computer-based Business Systems
• Info Sys 424 (3 credits), Analysis and Design of Computer-based Systems
• OTM 312 (3 credits), Operation Research for Management
• OTM 654 (3 credits), Production Planning and Control
• Real Est 306 (3 credits), The Real Estate Process
• RMI 300 (3 credits), Principles of Risk Management