2019-2020 Undergraduate Bulletin


Office: Daniels College of Business, Suite 355
Mail Code: 2101 S. University Blvd. Denver, CO 80208
Phone: 303-871-2032
Web Site: http://daniels.du.edu/accountancy/

The School of Accountancy’s mission is to foster Enlightened Practice, Professional Achievement, Knowledge Creation, and a Commitment to Community among its students, graduates, faculty, and others engaged in the accounting profession and related disciplines.

  • Enlightened Practice means ensuring that our graduates understand the theory and practice of accounting and its ramifications on society, the profession, and organizations.
  • Professional Achievement includes accomplishment at each level of one’s career and commitment to lifelong learning, competence, and integrity.
  • Knowledge Creation means scholarship which improves our understanding of accounting, the practice of accounting, and the process of educating future accountants.
  • Commitment to Community is the process of giving of oneself both to the community that supports one’s efforts and achievements and to the community at large.  Commitment to Community is a vital aspect of the accounting profession and is critical to the School’s ongoing success.

Our programs achieve this mission by emphasizing technical knowledge and analytical ability, interpersonal skills and intercultural understanding, and ethically based leadership and social responsibility. In the School of Accountancy, students learn to integrate accounting concepts and business applications in the context of communication, ethics, values, and technology. This integration is accomplished in the undergraduate business core and in the School of Accountancy core.

The School of Accountancy’s strengths include the following:

  • an established reputation as a provider of quality programs
  • highly qualified faculty who emphasize teaching and relevant research
  • student access to faculty—both individually and in relatively small classes
  • innovative curricula
  • emphasis on state-of-the-art technology throughout the curricula
  • emphasis on practical experience
  • a rigorous educational experience

The degree prepares students to work as strategic business advisors who can analyze and understand today’s complex business environment. Students gain expertise in the traditional accounting arenas of managerial accounting, financial reporting, systems, auditing and tax, as well as in the nontraditional areas of technology, marketing, strategic planning, and finance. The School of Accountancy offers a bachelor of science in accounting (BSAcc), a master of accountancy (MAcc) and a dual degree option that allows completion of the bachelor’s and master’s degrees in five years.

Refer to the appropriate sections of this bulletin for the admission, retention, and graduation requirements for the School of Accountancy, which differ from the general requirements of the Daniels College of Business.

Program Objectives

Objectives of the BSAcc are to prepare students for entry-level positions in accounting. In this program, students will learn how to

  1. prepare and interpret financial statements for business enterprises;
  2. use accounting data to evaluate performance and enable decision-making;
  3. apply the principles related to the design, integrity, and effectiveness of accounting information systems;
  4. explain the role of auditing in society, including auditing procedures and reporting requirements;
  5. apply federal tax laws pertaining to individuals; and
  6. Analyze the legal, ethical and legislative constructs that govern the conduct of business.

Criteria for Admission to the BSAcc Program

Continuing Students

  • Students must have a minimum 2.5 GPA (overall, in ACTG, and in the following courses: ACTG 2200, FIN 2800 and ACTG 2300).
  • If a student fails to meet the required GPA, he or she may still be able to qualify for the School of Accountancy. Please consult with the director of the School of Accountancy.
  • Other specific admission requirements apply. Please see the School of Accountancy for details.

Transfer Students

Undergraduate transfer students must meet the requirements listed for continuing students. Credits are considered for transfer only if they meet the following standards:

  • Accounting courses beyond principles must be taken at an AACSB-accredited institution or approved by the School of Accountancy.
  • Courses must be comparable to required courses offered in the School of Accountancy. Any required courses that do not meet the above criteria must either be validated by examination or retaken. In computing the GPA for purposes of admission to the School of Accountancy, work transferred from previous schools and work at the University of Denver are included.

Retention Requirement for Bachelor of Science in Accounting

To remain in the program, a student must maintain a GPA of 2.5 or higher, both overall and in accounting courses.


Bachelor of Science in Accounting Major Requirements

(186 credits required for the degree)

Minimum of 43 credits. Students must earn a minimum 2.5 GPA, both overall, in all business courses, and in accounting courses. If a GPA deficiency exists at the time the prescribed program is completed, no more than 10 credits of approved additional accounting courses and non-accounting courses may be taken in an attempt to correct the deficiency.

Accounting Core Courses 1
ACTG 3014Accounting Core I - Accounting Fundamentals4
ACTG 3018Intermediate Financial Accounting I4
ACTG 3019Cost Management4
ACTG 3036Accounting Core II - Federal Income Taxation4
ACTG 3038Accounting Core II - Intermediate Financial Accounting II4
ACTG 3049Accounting Information Systems4
ACTG 3068Intermediate Financial Accounting III4
ACTG 3551Auditing4
Additional Accounting Courses
Select 8 credits from the following:8
Corporate & Partnership Tax
Consolidated Financial Statement
Accounting for Foreign Operations
Advisor Approved FIN or INFO course
Total Credits40

Minor Requirements

The Accounting minor is available only to students pursuing a Bachelor of Science in Business Administration degree.

16 credits, including the following:

ACTG 3220Understanding Financial Statements 14
ACTG 3440Business and Investment Tax Issues4
ACTG 3360Profit, Planning & Control4
ACTG 3230Financial Statement Analysis4
Total Credits16

Undergraduate/Graduate Dual Degree Program in Accounting

The School of Accountancy offers undergraduates an accelerated program leading to the master of accountancy (MAcc). Students may apply for admission to the graduate program after completing the junior accounting core. Admission is based on academic performance, interview, GMAT scores, and reference letters. The GMAT requirement may be waived if the student has met grade requirements in undergraduate coursework. Contact the School of Accountancy for more information. Students accepted to the program may complete the BSAcc and MAcc in a total of five years. 

Requirements for Distinction in the Major in Accounting

Upon reaching 90 credit hours completed, students with a 3.50 cumulative GPA or higher, and a 3.85 Daniels GPA or higher, are invited to either create a portfolio of in-depth business experiences or to write a thesis to earn Distinction. See Daniels Undergraduate Programs or faculty in the department for more information. 


This course plan is a sample schedule. Individual course plans will vary based on incoming transfer credit, admission path to Daniels, prerequisites, availability of courses, minors, and other scheduling factors. Please meet with your Daniels academic advisor to develop an individual graduation plan for your specific needs.

First Year
First-Year Seminar (FSEM)4WRIT 11224WRIT 11334
Foreign Language4INFO 10104INFO 10204
MATH 12004ECON 102024ACTG 22004
BUS 14404Foreign Language4Foreign Language4
 BUS 10990 
 16 16 16
Second Year
ACTG 23004FIN 28004Analytical Inquiry: Society and Culture4
MGMT 21004Analytical Inquiry: Society and Culture4INFO 20204
LGST 20004MKTG 28004BUS 30004
Scientific Inquiry: The Natural and Physical World4 Scientific Inquiry: The Natural and Physical World4BUS 20990
 INTZ 250131-2Scientific Inquiry: The Natural and Physical World4
 16 17-18 16
Third Year
Study Abroad16MGMT 30004BUS 38004
Elective ACTG 30144ACTG 30364
 ACTG 30184ACTG 30384
 ACTG 30194ACTG 30494
 16 16 16
Fourth Year
ACTG 30684Scientific Inquiry: Society and Culture4Advanced Seminar (ASEM)4
ACTG 35514Elective4ACTG Elective4
ITEC 31554Elective2ACTG Elective4
Elective4ACTG Elective4 
 16 14 12
Total Credits: 187-188


ACTG 2010 Survey of Accounting (4 Credits)

Accounting for running a business, with modules on financial accounting and a focus on managerial accounting. Prerequisite: Sophomore standing. Business minors only.

ACTG 2200 Introduction to Financial Reporting (4 Credits)

The purpose of this course is to introduce students to accounting and its relevance in the business world. Students learn how to analyze transactions and prepare financial statements. In addition, students are introduced to publicly traded company's annual reports and 10k's.

ACTG 2300 Accounting for Decision Making (4 Credits)

Introduces or reinforces concepts and techniques for using accounting information for managerial purposes. The focus is on interpreting financial information and making business decisions, not accumulating or preparing accounting information. Prerequisites: ACTG 2200. Must have Daniels student status.

ACTG 2992 Directed Study (1-10 Credits)

ACTG 3014 Accounting Core I - Accounting Fundamentals (4 Credits)

The course prepares the future accountant to understand how the accounting system and profession functions within marketplace. At the conclusion of this course the student should understand: (1) the fundamental elements and terminology of business transactions and related financial accounting (2) the accounting system of recording, classifying and summarizing information, (3) economic and ethical issues relating to financial accounting, and (4) technical and communication skills necessary for the professional accountant. The practice of technical skills is supplemented with learning concepts and techniques for effective oral and written business functions, with a focus on reinforcing speaking and writing skills through practice and feedback.

ACTG 3018 Intermediate Financial Accounting I (4 Credits)

Foundations of financial statement content, including structure of financial accounting theory; accounting process and cycle; income determination and reporting; compound interest concepts and relationship to accounting; accounting and reporting for current assets. Case studies of open-ended accounting problems requiring application of GAAP guidance to fact patterns. Prerequisite: degree checkpoint 2.

ACTG 3019 Cost Management (4 Credits)

This course introduces objectives, methods and problems encountered in cost accounting. Cost accounting is a broad field that often links financial and management accounting, involving communication between accountants and management. Prerequisite: DCB checkpoint 2.

ACTG 3036 Accounting Core II - Federal Income Taxation (4 Credits)

This is the first course in taxation which introduces the federal taxation system, the importance of tax authorities, the concepts of gross income and tax deductions and the tax implications of common property transactions. This course generally focuses on property transactions, but the taxation of individuals is emphasized with an objective being that students are able to properly prepare complex individual tax returns.

ACTG 3038 Accounting Core II - Intermediate Financial Accounting II (4 Credits)

The focus of this course is the foundation and content of published financial statements. Specifically, it covers the following two modules: 1) assets: recognition, measurement and reporting issues, a) fixed assets and b) intangible assets; 2) liabilities: recognition, measurement and reporting issues, a) current liabilities, b) contingencies, and c) long-term liabilities. Common to each of the modules is an emphasis on reading GAAP and applying the GAAP guidance to fact patterns. In particular, the course is designed to enhance each student's ability to identify, discuss, and resolve open-ended problems (i.e., those having no single "correct" answer). Therefore, each student must commit to being an active participant in the class discussions. The two main reasons to participate are that (1) the class will be a richer experience if we hear a variety of views on each issue and (2) it is important to develop confidence in your ability to analyze and discuss complex technical issues, and to explain and justify your conclusions.

ACTG 3049 Accounting Information Systems (4 Credits)

The objective of this course is to provide an integrated learning opportunity that encompasses financial statement assurance and accounting information systems. The first part of the course exposes these issues using a hypothetical company based on an actual company. The student should develop a knowledge and understanding of this particular industry and how it provides assurance of the company's financial statements as well as address a variety of challenging accounting information systems issues. The second part of the course focuses on a conceptual framework to emphasize the professional and legal responsibility of accountants, auditors, and management for the design, operation, and control of AIS applications.

ACTG 3068 Intermediate Financial Accounting III (4 Credits)

This course is a continuation of ACTG 3018 and ACTG 3038 and completes the examination of the foundation and content of published financial statements. Specific topics include: stockholders' equity, investments in debt and equity securities, revenue recognition, income taxes, pensions, leases, statement of cash flows, accounting changes and errors, and interim reporting.

ACTG 3069 Accounting Communications (4 Credits)

This course emphasizes critical communications skills for future accounting, tax, auditing and consulting professionals. The course develops written communication skills including but not limited to technical writing, reporting the results of research and explaining complex issues. Oral communication assignments include formal presentations, development of debate skills and boardroom presence. Assignments incorporate business etiquette and team building.

ACTG 3220 Understanding Financial Statements (4 Credits)

Provides business majors with the necessary understanding to read, interpret, and use published financial statements. Cross listed with ACTG 4222. Prerequisite: ACTG 2200.

ACTG 3230 Financial Statement Analysis (4 Credits)

Consolidated financial statements, accounting for leases, currency translation, and options and futures impacts, GAAP to restate financial statements for differences between companies. Impact of financial transactions and evaluating a firm's performance from a user's perspective.

ACTG 3284 Consolidated Financial Statement (2 Credits)

Consolidation procedures, issues in the preparation and presentation of consolidated information, and interpretation of consolidated financial statements.

ACTG 3285 Accounting for Foreign Operations (2 Credits)

Financial statement impact from doing business in a foreign currency, having foreign subsidiaries or operations, and certain hedging activities.

ACTG 3340 Topics and Cases in Managerial Accounting (4 Credits)

Research and presentation (oral and written) of cases in managerial accounting involving internal reporting, internal uses of financial data, and effects on and considerations of interpersonal and inter-organizational relationships.

ACTG 3360 Profit, Planning & Control (4 Credits)

Comprehensive planning in the corporate environment involving in-depth study of goals, procedures, responsibility, and coordination of planning and control process. Objectives and structuring of planning process, significant problem areas, benchmarks for alternative evaluation processes, and correction and control tools. Prerequisite: ACTG 2300.

ACTG 3440 Business and Investment Tax Issues (4 Credits)

Income tax conceptual framework applicable to common business and investment transactions, including tax implications of business decisions. How effective business planning depends on accurate assessment of relevant tax factors. Prerequisites: ACTG 2200.

ACTG 3461 Individual Income Tax (4 Credits)

Federal income tax as it applies to individuals, including discussion of rates, exemptions, deductions, and accounting methods; gross income, property transactions, tax deferred exchanges; business operating taxpayer issues. Prerequisites: ACTG 2200.

ACTG 3462 Corporate & Partnership Tax (4 Credits)

Federal income tax as applied to the formation, operation and dissolution of business entities. Determination of corporate taxable income, special deductions, credits, methods of computing tax liability and estimated tax requirements. Determination of partnership and S Corporation ordinary income; classification and amount of separately stated items allocable to partners and S Corporation shareholders in accordance with the conduit principle.

ACTG 3551 Auditing (4 Credits)

This course covers professional ethics and legal environment, generally accepted auditing standards (GAAS), internal control, audit documentation and auditors reports.

ACTG 3701 Topics in Accounting (1-4 Credits)

ACTG 3702 Topics in Accounting (1-4 Credits)

ACTG 3703 Topics in Accounting (1-4 Credits)

ACTG 3704 Topics in Accounting (1-4 Credits)

ACTG 3705 Topics in Accounting (4 Credits)

Prerequisite: ACTG 3068 or instructor's permission.

ACTG 3740 Valuation and Modeling (4 Credits)

Professional decisions in the face of uncertainty are made using a combination of judgment and sound analysis. Even skilled professionals in any field will make incorrect decisions when working with incorrect or insufficient information or when making careless analyses. One key to improving decision-making is superior analytical insights and skills. Given this, the ultimate purpose of the course is to: 1. Provide you with experience in identifying critical decisions that can best be improved through analysis of data and modeling. Once key issues are identified. 2. Provide you with the knowledge and insight necessary to identify appropriate (and reject inappropriate) models or analyses. Once an appropriate model or models are identified: 3. Provide you with the tools and skills necessary to correctly use those models by identifying, measuring and evaluating critical factors, data and assumptions. 4. Gain experience in critically evaluating and auditing your work and the work of other professionals. For example, has management used appropriate models, appropriate data and reasonable assumptions in their estimates of fair value for various assets. Prerequisites: INFO 1020, ACTG 2200 and FIN 2800.

ACTG 3880 Internship - Undergraduate (0-4 Credits)

Practical work experience.

ACTG 3885 Undergraduate Field Experience (0 Credits)

Compensated work experience; no academic credit. Prerequisite: instructor's permission.

ACTG 3991 Independent Study (1-10 Credits)

Independent research/study; requires written report. Prerequisite: instructor's permission.

ACTG 3992 Directed Study (1-10 Credits)

ACTG 3995 Independent Research (1-10 Credits)


Sharon Lassar, Professor and Director, PhD, University of Southern California

Adam Booker, Assistant Professor, PhD, University of Arkansas

Jeff Brothers, Teaching Assistant Professor, MAcc, University of Denver

Ryan Casey, Associate Professor, PhD, Arizona State University

Kathleen Davisson, Teaching Professor, MAcc, University of Denver

Kelsey Dworkis, Assistant Professor, PhD, University of Southern California

Jacqueline Eschenlohr, Teaching Assistant Professor, MAcc, University of Denver

Joyce Frakes, Professor, Emerita, PhD, Stanford University

Adam Greiner, Associate Professor, PhD, Florida Atlantic University

Hugh Grove, Professor, Emeritus, DBA, University of Southern California

Glyn Hanbery, Professor, Emeritus, PhD, Arizona State University

Rick Leaman, Professor, JD, University of Chicago

Suzette Loving, Associate Professor of the Practice of Accountancy, MBA, Michigan State University

Jane Morton, Teaching Associate Professor, PhD, University of Arizona

Lorenzo Patelli, Associate Professor, PhD, Università Commerciale Luigi Bocconi

George Ruch, Assistant Professor, PhD, University of Alabama

Keith Sellers, Associate Professor, DBA, University of Memphis

James Sorensen, Professor, Emeritus, PhD, The Ohio State University

John Tripp, Professor, PhD, University of Houston

Lisa Victoravich, Professor and Associate Dean for Undergraduate and Executive PhD Programs, PhD, Florida State University

Nathan J. Waddoups, Assistant Professor, PhD, University of South Carolina

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