1. Accounting BYU-Idaho Accounting Department
College of Business and Communication

2. What Can I Do With An Accounting Degree?
Audit Services
Tax Compliance and Consulting
Information Systems Management & Consulting
Management Advisory Services
General Corporate & Financial Accounting
Cost Accounting
Governmental Accounting
Forensic Accounting
Financial Consulting
Expert Witness and Litigation Support Services
Run your own business
BYU-Idaho
Accounting Department

3. Accounting Department
Who Can I Work For?
Public Accounting Firms (Certified Public Accountant Track)
Local, Regional, National, International
Consulting Firms
Business and Industry
Manufacturing, Retail, Service, Banking, Insurance, Health Care, Natural Resources, Non-profit, etc.
Government
Self-Employed
Education
College, High School
BYU-Idaho
Accounting Department

4. The Public Accounting Profession (CPA Track)
Following graduation, you will be qualified for employment with the following sample of firms:
Big-4 Firms
PricewaterhouseCoopers
Deloitte
Ernst & Young
KPMG, LLP
Regional Firms
Grant Thornton
BDO Seidman
Local CPA Firms
Rudd & Company
Private Practice – It is recommend that you have at least 6 – 7 years of professional experience with a CPA firm before attempting to begin your own practice! WHY? Lack of experience and reputation = no clients. No clients = No income. No income = bankruptcy. Bankruptcy = unhappy accountant. Unhappy accountant = Back to college for a degree in marketing. Be wise and plan your career.
BYU-Idaho
Accounting Department

5. Sample of Business and Industry Employers
If you decide not to pursue a career in public accounting, you can work in industry for companies like these:
BYU-Idaho
Accounting Department

6. Sample of Government Employers
or for institutions like these:
Federal Bureau of Investigation
US General Accounting Office
Defense Contract Auditors
Internal Revenue Service
State of Idaho
Idaho State Tax Commission
City of Boise
BYU-Idaho
Accounting Department

7. What Skills Should I Possess?
If you pursue a career in accounting, you should
become familiar with accounting terminology;
become proficient with the tools of the trade;
learn the concepts and principles that govern accounting and how to apply them;
develop advanced computer skills;
develop analytical and people skills;
possess written and oral communication skills; and
understand legal and ethical conduct within the accounting profession.
BYU-Idaho
Accounting Department

8. How Do I Become a Certified Public Accountant?
If you want a long-term career in public accounting, you must become a licensed CPA. In order to become licensed, most states require 30 credits of advanced education beyond the bachelors degree, a minimum number of accounting credits, 1 – 2 years of qualifying experience, and a passing grade (75%) on the CPA Exam. If this is your career goal, you should plan on earning a Masters of Accountancy degree (MAcc) or your MBA from an accredited university.
BYU-Idaho
Accounting Department

9. What Salary Can I Expect?
Employer
Jr. Level (0 - 3 yrs.)
Sr. Level (4 - 6 yrs.)
Public Accounting (large firm)
$52,750-$78,000
$73,000-$98,000
Public Accounting (medium firm)
$46,500-$70,000
$66,500-$88,750
Public Accounting (small firm)
$43,250-$62,750
$58,750-$77,250
Corporate Accounting (large co.)
$41,000-$65,000
$62,250-$82,750
Corporate Accounting (medium co.)
$38,500-$60,750
$56,250-$74,250
Corporate Accounting (small co.)
$36,250-$55,500
$51,250-$66,750
Note: Add 5 to 10 % additional for one who attains their CPA.
**Robert Half 2013 Salary Guide
BYU-Idaho
Accounting Department

10. What Salary Can I Expect?
Position
Large Co.
Small to Medium Co.
Chief Financial Officer
$194,500-$430,250
$99,000-$198,000
Corporate Controller
$131,750-$207,750
$85,750-$150,250
Tax Manager
$103,250-$148,500
$82,000-$115,750
**Robert Half 2013 Salary Guide
BYU-Idaho
Accounting Department

11. The Integrated Accounting Degree
In order to graduate from BYU-Idaho with an accounting degree, you must fulfill the University’s Graduation Requirements which includes earning a minimum of 120 credit hours within specified areas of study shown below:
Foundations
40 Credits
Accounting Major
51 Credits
1 Approved Cluster
12 Credits
Electives
17 Credits
Total
Credits
BYU-Idaho
Accounting Department

12. Accounting Major Course Requirements
Required Courses
Accounting
Acct 201
Acct 202
Acct 301
Acct 302
Acct 321
Acct 333
Acct 344
Acct 398R
Acct 456
Acct 499
Options (any 2)
Acct 312
Acct 322
Acct 403
NOTE: Those planning on entering the CPA profession or planning on going to graduate school are advised to consider taking all three of these options courses.
Business
B 275
B 401
Other
FDMath 221
Econ 150
Econ 151
In order to graduate with a bachelor’s degree in accounting, you must complete each of the preceding courses with a C- or better. However, students need at least a B- in Accounting 201 and 202 to enroll in the 300 level accounting courses.
BYU-Idaho
Accounting Department

13. Accounting Department
Minor or Clusters
AND, in addition to completing the Foundation and Major requirements, you are required to:
complete 1 APPROVED cluster of 12 credits,
Approved clusters for Accounting include:
Business Management
Economics and Finance
Programming
Project Lifecycle
LEAVING 17 Elective credits
BYU-Idaho
Accounting Department

14. The Accounting Internship
You are required to register for Accounting 398R.
Your internship qualifies for 3 credits and consists of at least 270 hours of accounting-related work. Additionally, you will be requested to complete assignments during your internship. A grade will be given based on satisfactory completion of the internship and assignments.
Generally, prior work-related experience will not satisfy the internship.
The busiest time for accountants in business tends to be January – April. Accordingly, it is recommended, but not necessary, that your internship be completed during the Winter Semester of your junior or senior year. Accounting 301 and Accounting 321 are prerequisites.
BYU-Idaho
Accounting Department

15. Accounting Department
Accounting is Fun!
BYU-Idaho
Accounting Department