B.S. Accounting
Accounting is the primary "language" of business and accountants assist
businesses in determining, analyzing and communicating their financial
results to interested parties. The Accounting program at the School of
Business introduces students to all the functional areas of accounting
including financial accounting, managerial accounting, auditing,
taxation and accounting information systems. Students develop an
essential competency in each of these areas and complement this
knowledge with study in relevant areas of business and economics. The
Accounting program also places a particular emphasis on ensuring that
graduates have a clear understanding of the ethical values critical to
the accounting profession, as well as an awareness of the social
obligations that accompany a career in accountancy.
As an accounting professional, graduates can expect a diversity of
opportunities in both workplace settings and tasks. The University at
Albany Accounting Department maintains close ties with both alumni and
employers to ensure that its program reflects the skills most important
to both successful entry into and subsequent development within the
profession. This skill set encompasses written and oral communication
skills, the ability to apply technology to accounting, knowledge of
business processes and their implications for accounting, and the
ability to function cooperatively in teams.
Graduates exit the Accounting program either after four years, with a
Bachelor's degree in Accounting, or following the completion of another
30 credit hours culminating in a Master's degree that leads to licensure
as a Certified Public Accountant. Most graduates of the Accounting
program pursue licensure. The additional coursework consists of
specialized study in one of three areas: Corporate Financial Reporting,
Taxation, or Accounting Information Systems. New York State will require
students who apply for the Uniform Certified Public Accountant's
Examination after July 2009 to have completed a minimum of 150 credit
hours.
Graduates of the Accounting program are exceptionally well prepared for
careers in public accounting. University at Albany students have
traditionally achieved a nearly 100% passing rate for the CPA exam, and
have regularly scored high enough to place UAlbany among the top five
schools in one or more parts of the exam. The Big Four accounting firms
recruit actively at the School of Business each year and represent the
predominant employers of our accounting graduates. However, our students
are also strongly recruited by large national and regional accounting
firms; other students pursue careers in corporate settings, state
government or seek advanced degrees in business, accounting or law.