Accounting is the analysis, interpretation and communication of financial information about the resources of an organization and the use of those resources. The accounting major prepares students for entry-level positions in managerial, corporate, government and forensic accounting.
Accounting is the analysis, interpretation and communication of financial information about the resources of an organization and the use of those resources. Accountants help individuals make business decisions and provide auditing and tax services, as well as fraud examination. The accounting major prepares students for entry-level positions in managerial, corporate, government and forensic accounting.
The continued globalization of business should lead to more demand for accounting expertise and services related to international trade and international mergers and acquisitions. According to the Bureau of Labor Statistics, employment of accountants and auditors is expected to grow well into the next decade. There has been an increased focus on accounting in response to corporate scandals and recent financial crises.
COMMON CAREER TITLES
- Tax Planning and Preparation
- Forensic Accountant
- Fraud Investigator
- Industry Consultant
- Internal Auditor
- Bank Examiner
- Personal Financial Adviser
- Tax Examiner
- Collector and Revenue Agent
- Examine financial statements to be sure they are accurate and comply with laws and regulations
- Compute taxes owed, prepare tax returns and ensure taxes are paid properly and on time
- Inspect accounting books and accounting systems for efficiency and use of accepted accounting practices
- Organize and maintain financial records
- Assess financial operations and make best-practices recommendations to management
- Suggest ways to reduce costs, enhance revenues and improve profits
THE ACCOUNTING MAJOR AT NDSU
The accounting major is a four-year program that leads to a Bachelor of Science degree. The major prepares and qualifies students to take examinations required to become a certified management accountant, certified internal auditor and certified fraud examiner.
PREPARE FOR THE CERTIFIED PUBLIC ACCOUNTING EXAM
NDSU accounting graduates currently have the highest pass rate for the certified public
accounting examination in the state of North Dakota. Students who want to pursue public
accounting should consider staying at NDSU to complete their Master of Accountancy.
To sit for the North Dakota certified public accountant professional examination,
individuals must complete 150 semester hours of education, which can be accomplished
through completing NDSU master’s program. Students should consult their faculty adviser
for further details.
Fraud Examination - NDSU’s fraud examination program features a state-of-of-the art forensic computing lab and instructors with years of investigative experience. The program prepares students to sit for the Certified Fraud Examiner exam and enter investigative positions in government and private industry.
A minor in accounting is also available to any
student at NDSU.
Accounting majors can gain experience at professional-level jobs through the Cooperative Education Program. Co-op experiences are most commonly taken during the final two years of the program. The experience can include employment during the summer, during the school year or both. To support student placement, the department sponsors an annual “Meet the Firms” hiring event early in the fall semester that brings together students and potential employers from public accounting, industry and government.
Students also may join the Accounting Club, which allows members to learn more about the profession and different employment opportunities. Guest speakers, an annual networking event with employers and an annual trip to Minneapolis to visit with accounting firms are some of the opportunities the group offers.