Today's complex business environment requires accountants to possess a broader range of skills than was needed in the past. Employers' expectations of you as an accounting graduate includes not only technical knowledge in the accounting field, but also the ability to analyze complex accounting and business issues and to communicate effectively with all levels of management.

As recently noted in Crain's,  accounting is the hottest job sector in Chicago.

Governors State University's Bachelor of Science in Accounting degree is designed to provide you with a foundation of knowledge, skills, and attitudes you need to enter the accounting profession.According to the National Association of Colleges and Employers (NACE), accounting is one of the most in-demand academic disciplines by employers. Learn the language of accounting and your career can take you anywhere.

Graduates of GSU's AACSB-accredited accounting program work in a range of companies and industries including large and medium size public accounting and business consulting firms such as KPMGCrowe HorwathPwCBDOLegacyMiller Cooper, and Sikich, along with smaller local firms. Other GSU accounting graduates also work in industry, government, and business consulting services such as Exelon, Tyson Foods, Cars.com and Oracle. Other GSU accounting graduates have started their own private CPA or related accounting or business consulting services firms or moved into roles of management or executive leadership within organizations. Download a fact sheet.

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  • Career Options & Certifications

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     What do Accountants and Auditors Do? 
    (from the US Bureau of Labor Statistics Occupational Outlook Handbook

    Accountants and auditors typically do the following:

    • Examine financial statements to ensure that they are accurate and comply with laws and regulations
    • Compute taxes owed, prepare tax returns, and ensure that taxes are paid properly and on time
    • Inspect account books and accounting systems for efficiency and use of accepted accounting procedures
    • 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

    Career Opportunities 
    (from the US Bureau of Labor Statistics Occupational Outlook Handbook

    Individuals with an accounting degree have number of  of career options include:

    •  Public accountants perform a broad range of accounting, auditing, tax, and consulting tasks. Their clients include corporations, governments, and individuals. Public accountants work with financial documents that clients are required by law to disclose. These include tax forms and balance sheet statements that corporations must provide potential investors. For example, some public accountants concentrate on tax matters, advising corporations about the tax advantages of certain business decisions or preparing individual income tax returns. Public accountants, many of whom are Certified Public Accountants (CPAs), generally have their own businesses or work for public accounting firms. Publicly traded companies are required to have CPAs sign documents they submit to the Securities and Exchange Commission (SEC), including annual and quarterly reports.

      Some public accountants specialize in forensic accounting, investigating financial crimes such as securities fraud and embezzlement, bankruptcies and contract disputes, and other complex and possibly criminal financial transactions. Forensic accountants combine their knowledge of accounting and finance with law and investigative techniques to determine if an activity is illegal. Many forensic accountants work closely with law enforcement personnel and lawyers during investigations and often appear as expert witnesses during trials.

        
    • Management accountants, also called cost, managerial, industrial, corporate, or private accountants, record and analyze the financial information of the organizations for which they work. The information that management accountants prepare is intended for internal use by business managers, not by the general public.

      Management accountants often work on budgeting and performance evaluation. They also may help organizations plan the cost of doing business. Some may work with financial managers on asset management, which involves planning and selecting financial investments such as stocks, bonds, and real estate.
       
        
    • Government accountants maintain and examine the records of government agencies and audit private businesses and individuals whose activities are subject to government regulations or taxation. Accountants employed by federal, state, and local governments ensure that revenues are received and spent in accordance with laws and regulations.
    • Internal auditors check for mismanagement of an organization’s funds. They identify ways to improve the processes for finding and eliminating waste and fraud. The practice of internal auditing is not regulated, but The Institute of Internal Auditors (IIA) provides generally accepted standards.  
    • External auditors perform similar duties as internal auditors, but are employed by an outside organization, rather than the one they are auditing. They review clients’ financial statements and inform investors and authorities that the statements have been correctly prepared and reported. 
        
    • Information technology auditors are internal auditors who review controls for their organization’s computer systems, to ensure that the financial data comes from a reliable source.

    Certifications

    The primary certification in accounting is the Certified Public Accounting (CPA) credential. Individuals with the CPA may gain additional designations in financial forensicsmanagement accounting (CGMA)business valuationinformation technology, and personal financial specialist. There are other certifications including internal auditing (CIA)fraud examination (CFE), and management accounting (CMA).

    The Bachelor of Science in Accounting program will prepare individuals for an entry level position in accounting. Graduates of the program will meet the meet the educational requirements to sit for the Certified Public Accounting (CPA) exam in Illinois. Eligibility to sit for the CPA exam also requires a total of 150-credit hours. Beyond the 120-hour BS in Accounting program, students may choose additional undergraduate minor, set of elective courses in any discipline, or pursue graduate study, such as the MS in Accounting, MBA, or MS in Management Information Systems. 

    See more information about the CPA exam on the GSU CPA exam resources page.

     

  • BS in Accounting Program Curriculum

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     I. General Education Requirements (37-38 Hours)

    See the Catalog Bachelor's Degree Requirements for detailed information about the General Education Requirements for transfer students and students admitted as a freshman.

    Business Core Courses (45 Hours)


     Total - 120 Hours

     

  • Student Organizations

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     Accounting, Finance, & Economics Club  

     

    The Accounting, Finance, & Economics Club is open to undergraduate and graduate accounting, finance, and economics majors or minors. Membership is free. To sign up please request membership on GSU's Jaguar Connection site:https://govst.collegiatelink.net/organization/AFEC

    (Use your GSU student credentials to login)

    Faculty Advisor: Professor Alice Keane akeane@govst.edu

     

    Delta Mu Delta Honors Society

    Delta Mu Delta is an international business honors society. Membership is available by invitation only.

    DMD Membership Information  

     

    To see other College of Business student organizations are available here: http://www.govst.edu/COBStudentOrganizations/ 

  • Application Requirements

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