The Associate of Science degree with a major in Accounting consists of 62 credits of course work, which includes both accounting and liberal arts courses. The program design requires the student to complete all 62 hours with Indiana Wesleyan University. For those students applying to the associate degree only, transfer credits will not fulfill core requirements.
This degree will provide students with the fundamental skills needed for entry level accounting positions. Students learn the basic knowledge needed to become professional accountants. This program will provide an excellent foundation for those who anticipate pursuing a bachelor's degree with a major in Accounting or Business.
The courses in the program relate theory to practice, but practical knowledge of the computer field is the primary objective of the computer courses in the core. Instructional methods include lectures, seminars, workshop activities, simulations, and physical manipulation of computer equipment. Each core group forms project teams to assist in the learning process. Courses are primarily three credit hours, and each course is a required component of the program (core) and should be taken in sequence.
The curriculum will be completed in the order established by Indiana Wesleyan University. Indiana Wesleyan University reserves the right to modify the curriculum as necessary.
The same courses offered in the classroom setting are also offered via the Internet. Details are available at http://www.IWUOnline.com.
UNV-111 Philosophy and Practice of Lifelong Learning I 2
This course focuses on understanding and managing the transitions encountered upon entering formal higher education. Emphasis will be placed on developing the skills related to personal effectiveness and lifelong learning. (Students may not transfer in a course to fulfill this requirement.)
ENG-140 Communications I 3
This course provides the student with a basic understanding of the writing process with emphasis on those skills necessary for successful expository writing. (Must be passed with a grade of "C" or higher.)
ENG-141 Communications II 3
This course provides an advanced understanding of the writing process as applied in business situations. Development of critical thinking skills in reading and self-expression will be stressed. (Must be passed with a grade of "C" or higher.)
BUS-105 Introduction to American Business 3
A survey of business principles, problems, and procedures including an overview of production and distribution of goods, ownership, competition, profit, managerial controls, personnel, government, and business relations.
PHE-140 Concepts of Wellness 2
A consideration of contemporary health concepts as they apply to an awareness of personal wellness.
BIL-102 New Testament Survey 3
This course covers the literature of the New Testament. Special attention will be given to the life of Christ and the history of the early church, including the life of Paul.
COM-115 Introduction to Human Communications 3
This course is designed to provide students with an understanding of communication encountered in various social settings. This will be done with emphasis on both theoretical and practical aspects. Upon completing this course, students will have an understanding of communication as it affects the individual in message construction, interpersonal interaction, group and organizational settings, public settings, cultural settings, and mass communication settings. This course will also provide the student with an opportunity to examine the ethics of communication.
MAT-110 Business Mathematics 4
A study of the basic arithmetic and algebra used most commonly in general business operations.
HST-180 Humanities: World Civilization 3
An intellectual, institutional, and cultural consideration of world civilizations and their development, interaction, and significance.
ECO-205 Basic Economics 3
An introduction to the principles essential to an understanding of fundamental economic problems within business and society.
PSY-155 Personal Adjustment 3
This course encompasses a study of stress management and coping skills, the factors that contribute to self-esteem and the maintenance of healthy interpersonal relationships, and the skills required for successful conflict resolution. The course will focus on strategies for developing and maintaining positive mental health. A theoretical framework is presented with a strong emphasis on practical application.
ENG-242 Literature and Ideas 3
The course traces the impact of a particular literary focus or theme that recurs through British and/or American literature. Examples would include literary satire, war literature, literature of protest, etc.
ACC-201 Principles of Accounting I 3
Emphasizes the process of generating and communicating accounting information in the form of financial statements to those outside the organization.
ACC-210 Using Spreadsheets in Accounting 3
This course introduces the student to the Microsoft Excel Spreadsheet application. The course provides intensive training in the use of spreadsheets on microcomputers for the accounting profession. The student be taught to automate many of the routine accounting functions. The student will also be taught how to develop spreadsheets for common business functions.
MUS-180 Humanities: Fine Arts 3
An integrated study of history and appreciation of art and music in western culture from ancient times to present.
PHL-283 Philosophy and Christian Thought 3
A consideration of the doctrines held in common by the Christian church. The distinctive teachings held in the Wesleyan tradition will be noted.
BUS-150 Personal Finance 3
A general course dealing with the problems of the consumer in the American economic system; a practical study of personal consumption, buying habits, health and medical care, and housing; an introduction to investment; and an introduction to insurance.
ACC-220 Payroll Accounting and Taxation 3
This is a comprehensive payroll course in which federal and state requirements are studied. This includes computation of compensation and withholdings, processing and preparation of paychecks, completing deposits and payroll tax returns, informational returns, and issues relating to identification and compensation of independent contractors. In addition, students will overview electronic commercial systems such as ADP, as well as review the requirements for certification through the American Payroll Association (APA).
ACC-202 Accounting Principles II 3
Emphasizes the process of producing accounting information for the internal use of a company's management. Prerequisite: ACC-201.
BUS-225 Legal Environment of Business 3
An introduction to the legal environment of business. Emphasis will be on a realistic application of legal principles to everyday business situations.
ACC-230 Business Taxation 3
This course is an introduction to the federal tax system. This includes the basic income tax models, business entity choices, the tax practice environment, income and expense determination, property transactions, and corporate, sole proprietorship, and flow-through entities. In addition, individual and wealth transfer taxes will be overviewed.