Select Page


Home » Accounting

Bachelor Of Science Degree Business  Administration Major Accounting ConcentrationThe Accounting concentration seeks to provide the student with the fundamental theoretical background in bookkeeping, accounting, and auditing for pursuit of careers in the accounting field and for professional accounting examinations.The added objectives when a student chooses the Accounting concentration follow.

The student will be able to:

  • Perform the steps in the accounting cycle including adjusting entries, closing entries, and preparation of income statements and balance sheets;
  • Identify the value of assets and cost allocation;
  • Identify and comprehend disclosure requirements and ethical standards;
  • Apply basic and advanced principles of costing systems to manufacturing including job order, process, and joint cost situations;
  • Analyze cost and the role of cost in pricing and business behavior;
  • Evaluate and apply audit evidence and procedures and purpose of audit assurance and audit services;
  • Assess tax principles and the framework for determining an individual’s income tax liability, as well as providing a general understanding of the tax structure for partnerships, corporations, and other taxable entities;
  • Classify the appropriate accounting methods and procedures for stock investments, consolidated financial statements, consolidations involving minority interests, and estates and trusts;
  • Distinguish accounting procedures in bankruptcy, estate and trust accounting, and the SEC disclosure rules and regulations; and
  • Recognize the changing needs of financial accounting and reporting in view of information technology trends, changing nature of Generally Accepted Accounting Principles and business reporting on the Internet and problems of legal jurisdiction. 
Class Code Subject Area Credits
Area I: General Education Requirements
AP 140 Fundamentals of Speech (5)
BI 104 Biological Sciences (5)
EN 101 Use of the English Language I (5)
EN 102 Use of the English Language II (5)
EN 301 World Literature (5)
HU 440 Seminar on Religion (as substitute for HU 104) (5)
MA 101 Introductory College Mathematics (5)
ED 201 Human Development (as sub. For Gen.  Psychology) (5)
SO 201 Introduction to Sociology (5)
SO 230 Seminar on the Cayman Islands (5)
SP 101 Elementary Spanish I (5)
SP 102 Elementary Spanish II (5)
Total General Education Requirements (60)
Area II: Business Core Requirements
BE 101 Introduction to Business (5)
BE 104 Introduction to Accounting (5)
BE 201 Principles of Microeconomics      (5)
BE 202 Principles of Macroeconomics (5)
BE 211 Financial Accounting (5)
BE 225 Managerial Accounting (5)
BE 300 Communication in Business and Report Writing (5)
BE 303 Marketing (5)
BE 306 Management (5)
BE 307 Business Finance (5)
BE 308 Business Law (5)
BE/SO 402 Principles of Research Methodology (5)
MA 207 Statistics (5)
Total Business Core Requirements (65)
Area III: Accounting Concentration Requirements
BE 311 Intermediate Accounting I (5)
BE 312 Intermediate Accounting II (5)
BE 325 Cost Accounting (5)
BE 400 Business Placement (5)
BE 406 Auditing (5)
BE 432 International Financial Management (5)
BE 440 Advanced Accounting (5)
BE 470 Taxation Concepts (5)
BE 480 Government and Not for Profit Accounting (5)
Total Accounting Concentration Requirements (45)
Area IV: Business/General Electives
BE 422 International Seminar on Technology & Society (5)
Area V: Capstone
BE 444 Undergraduate Capstone Project (5)
Total Credits for Graduation (180)