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Accounting

Kentucky Wesleyan College has received specialized accreditation for its business programs through the International Accreditation Council for Business Education (IACBE).

The Kentucky Wesleyan College business programs prepare students for professional careers in business and/or graduate studies. This preparation involves a curriculum that stresses analysis and communication, theory and practice as shaped by the needs of the global business community. Ethics and values are emphasized in the curriculum as well as technical efficiency and accountability.

Because Wesleyan wants their students to succeed, the faculty and the Kentucky Wesleyan Student Success Center are available to assist students if they are having difficulty with a course. If a student is unable or unwilling to do this and finds him or herself on probation because of poor academic performance, there is a plan to assist the student to regain good academic standing. Students who are put on probation because of academic reasons must report to the Student Success Center, where someone will work with them to identify academic weaknesses and learn study methods to help turn the weakness into a strength. In addition, students on academic probation will complete the following steps:

  1. Meet with their academic advisor weekly to go over assignments, problems in class and attendance issues, producing a “plan” that the student will be responsible for completing.
  2. Sit in a weekly study session overseen by the division chair or other department faculty during which the student will work on assignments and homework problems, and
  3. Demonstrate a consistent change in academic performance relative to prompt attendance, handing in assignments, contributing to class discussion and improvement in test scores.

Information pertaining to student achievement in the business programs accredited by the IACBE can be obtained by contacting the chair of the Division of Professional Studies at 3000 Frederica Street, Owensboro, KY 42301 or by phone at 270-852-3193.

Information is also available at https://iacbe.org/memberpdf/KentuckyWesleyanCollege.pdf. IACBE information can be viewed at http://www.iacbe.org.

Learning Outcomes

  • Students will be able to explain the major concepts, theories, and practices in General Business Administration and apply them to management decision-making.
  • Students will be able to address business situations using business-appropriate writing formats.
  • Students will be able to address business situations verbally.
  • Students will effectively apply quantitative methods to business practices.
  • Students will use computer software applications to solve business problems.
  • Students will collaborate with others on projects.
  • Students will be able to apply knowledge of ethical, legal, economic, and global environment to practical business situations and ascertain their impact.
  • Students will be able to analyze the role of motivation in achieving a coordinated goal.

Bachelor of Arts in Accounting Degree

66-67 Semester Credit Hours

Core Requirements

  • ACCT 211 – Principles of Accounting I (3)
  • ACCT 212 – Principles of Accounting II (3)
  • BA 101 – Introduction to Business (3)
  • BA 261 – Principles of Marketing (3)
  • BA 325 – Business Law (3)
  • BA 341 – Principles of Financial Management (3)
  • BA 345 – Business and Professional Writing (3)
  • BA 357 – Management Information Systems (3)
  • BA/ECON 359 – Managerial Statistics (3)
  • BA 406 – Business Strategy and Value Creation (3)
  • ECON 231 – Principles of Microeconomics (3)
  • ECON 232 – Principles of Macroeconomics (3)
  • MATH 101 or 121 – College Algebra (3) or Calculus I (4)

Supporting Requirements

  • ACCT 311 – Intermediate Accounting I (3)
  • ACCT 312 – Intermediate Accounting II (3)
  • ACCT 313 – Cost Accounting (3)
  • ACCT 320 – Advanced Managerial Accounting (3)
  • ACCT 411 – Advanced Accounting (3)
  • ACCT 412 – Partnerships and Not-for-Profit Organizations (3)
  • ACCT 415 – Income Taxation (3)
  • ACCT 416 – Advanced Taxation (3)
  • ACCT 418 – Principles of Auditing (3)

Students working to earn a Bachelor of Arts in Accounting must complete intermediate proficiency in a foreign language, either by completing twelve hours of the same foreign language or through receiving CLEP test credit.

All 100-200 level accounting, business administration, economics, and mathematics courses should be completed in freshman and sophomore years or students may not have prerequisites necessary to take 300-400 level accounting, business administration, and economics courses in their junior and senior year

Bachelor of Science in Accounting Degree

66-67 Semester Credit Hours

Core Requirements

  • ACCT 211 – Principles of Accounting I (3)
  • ACCT 212 – Principles of Accounting II (3)
  • BA 357 – Management Information Systems (3)
  • BA 101 – Introduction to Business (3)
  • BA 261 – Principles of Marketing (3)
  • BA 325 – Business Law (3)
  • BA 341 – Principles of Financial Management (3)
  • BA 345 – Business and Professional Writing (3)
  • BA/ECON 359 – Managerial Statistics (3)
  • BA 406 – Business Strategy and Value Creation (3)
  • ECON 231 – Principles of Microeconomics (3)
  • ECON 232 – Principles of Macroeconomics (3)
  • MATH 101 or 121 – College Algebra (3) or Calculus I (4)

Supporting Requirements

  • ACCT 311 – Intermediate Accounting I (3)
  • ACCT 312 – Intermediate Accounting II (3)
  • ACCT 313 – Cost Accounting (3)
  • ACCT 320 – Advanced Managerial Accounting (3)
  • ACCT 411 – Advanced Accounting (3)
  • ACCT 412 – Partnerships and Not-for-Profit Organizations (3)
  • ACCT 415 – Income Taxation (3)
  • ACCT 416 – Advanced Taxation (3)
  • ACCT 418 – Principles of Auditing (3)

All 100-200 level accounting, business administration, economics, and mathematics courses should be completed in freshman and sophomore years or students may not have prerequisites necessary to take 300-400 level accounting, business administration, and economics courses in their junior and senior year.

Requirements for a Major in Accounting with the Emphasis to Pursue CPA Certification 150 Hours

Completion of coursework for either a Bachelor of Arts or a Bachelor of Science in Accounting.

Additional hours to be earned in the following areas:

  • Accounting
  • Business Administration
  • Computer Information Systems
  • Economics
  • English
  • Math

Sample Four-Year Plan for a B.A. or B.S. in Accounting

(These students would not have ACT limitations in Reading, Math or Writing.)

First Year
Fall SemesterSpring Semester
BA 1013BA 2613
ENGL 1113CL 1011
EXSC 1013ENGL 1123
General Education Course3General Education Course3
General Education Course3General Education Course3
KW 1010MATH 101 or 1213
Semester Hours16Semester Hours16
Second Year
Fall SemesterSpring Semester
ACCT 2113ACCT 2123
BA 3253BA 3453
General Education Science W/Lab4ECON 2323
General Education Course3General Education Course3
ECON 2313General Education Course3
Semester Hours16Semester Hours15
Third Year
Fall SemesterSpring Semester
ACCT 3113ACCT 3123
ACCT 3203ACCT 3133
BA/ECON 3593Elective3
BA 3413BA 357 (Offered on irregular basis)3
Elective3General Education Course3
Semester Hours15Semester Hours15
Fourth Year
Fall SemesterSpring Semester
ACCT 4113ACCT 4123
ACCT 4153ACCT 4163
Elective3ACCT 4183
Elective3BA 4063
Elective3Elective3
Semester Hours15Semester Hours15
Total Program Hours123
At least one course taken above must be multi-cultural or a separate multi-cultural course is required.
NOTE: Students working to earn a Bachelor of Arts in Accounting must complete intermediate proficiency in a foreign language either by completing twelve hours of the same foreign language or through receiving CLEP test credit.  Students wanting to pursue the CPA Certification must complete a total of 150 hours with additional hours to be earned in the following areas: Accounting, Business Administration, Computer Information Systems, Economics, or English.

Accounting Minor

Minor Requirements

21 Semester Credit Hours

  • ACCT 211 – Principles of Accounting I (3)
  • ACCT 212 – Principles of Accounting II (3)
  • ACCT 311 – Intermediate Accounting I (3)
  • ACCT 312 – Intermediate Accounting II (3)
  • ACCT 415 – Income Taxation (3)
  • Must take six (6) hours of electives from ACCT.

Students in Accounting may pursue either a minor in Economics or a minor in Business Administration. NO core courses may be used to satisfy the requirements for either minor. Please refer to the Business Administration section and the Economics section for clarification.