Dec 11, 2024  
2020-2021 Academic Catalog 
    
2020-2021 Academic Catalog [ARCHIVED CATALOG]

Transition to Accounting


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Transition to Accounting

 

About the program

According to the U.S. Department of Labor, Bureau of Labor Statistics, accountants and auditors occupy 1,424,000 jobs since 2018.  Employment of accountants and auditors is projected to grow 6 percent from 2018 to 2028, about as fast as the average for all occupations. In general, employment growth of accountants and auditors is expected to be closely tied to the health of the overall economy. As the economy grows, more workers should be needed to prepare and examine financial records.

Being licensed as a Certified Public Accountant (CPA) is one of the most highly respected credentials in the accounting field.  In order to become a CPA, an individual must have an appropriate level of experience and education and pass the CPA exam.  The Indiana Tech transition to Accounting program is designed to help students who have earned a bachelor degree in a non-accounting field qualify to take the exam.

CPA Exam Requirements

Applicants for the Indiana CPA exam must have the minimum of a bachelor degree and 150 total semester hours.  The 150 semester hours must include 24 credits in accounting as well as 24 credits in business and economics.  These credits will be evaluated to ensure they meet the equivalent of the same course at Indiana Tech.  The Indiana Tech Transition to Accounting Program provides the necessary accounting courses for those who do not have an accounting degree, as well as the additional credits beyond the bachelor degree.

Students who complete the Transition to Accounting program are strongly encouraged to enroll in the Becker CPA Review to assist them in preparation for the CPA exam.

Transition to Accounting was designed to meet the needs of students who have earned a bachelor’s degree in a non-accounting field and wish to sit for the Indiana CPA exam. These courses provide the accounting coursework and the total credits required to sit for the exam.  Please be aware that this will not result in a degree.  If you would prefer to pursue a bachelor’s degree in accounting, please contact your admissions representative.

Program pre-requisites

Students who wish to enroll in the Transition to Accounting Program as a step toward qualifying for the CPA exam, must have completed:

  • A bachelor degree in business, or a bachelor degree with the appropriate business and economic courses equaling a total of 24 credits.
  • The transcripts evaluated by the Registrar to ensure that the coursework meets the CPA Exam requirements (above).
  • Principles of Accounting (equivalent of Indiana Tech ACC 1010)
  • Managerial Accounting (equivalent of Indiana Tech ACC 2140)
  • Mathematical Problem Solving (equivalent of Indiana Tech MA 1025)
  • Software Tools (equivalent of Indiana Tech MIS 1300)

Transition to Accounting Curriculum courses:

  • ACC 2300 - Intermediate Accounting I                   3 credits
  • ACC 2320 - Intermediate Accounting II                  3 credits
  • ACC 2340 - Intermediate Accounting III                 3 credits
  • ACC 2430 - Cost Accounting I                                3 credits
  • ACC 2440 - Cost Accounting II                               3 credits
  • ACC 2500 - Individual Tax Accounting                   3 credits
  • ACC 3300 - Auditing                                               3 credits
  • ACC 3500 - Corporate Tax Accounting                  3 credits
  • ACC 4700 - Advanced Accounting I                       3 credits
  • ACC 4740 - Advanced Accounting II                      3 credits

                        Total required credit hours                     30 credits

 

Please contact Indiana Tech Warrior Information Network to assist you with scheduling your Accounting or Business class.  Most of the Indiana Tech campuses offer these courses in either a face to face class or online, for your convenience.  Please contact our Warrior Information Network (WIN) at 1-888-8832-4742 to determine which campus works best for you.

 

 

 

 

 

 

 

 

 

 

 

Indiana Tech is accredited by the Higher Learning Commission.  The university is approved and officially recognized by the U.S. Office of Education and the U.S. State Department and is approved by the State Approval Agency for the enrollment of veterans and eligible persons.

 

 

Note: All Occupations includes all occupations in the U.S. Economy.
Source: U.S. Bureau of Labor Statistics, Employment Projections program

                                                                                                                                                                INDIANA TECH

                                                                                                                                                                www.Indianatech.edu/CPS

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