Long Island University's Accounting Program is a highly reputable program that attracts students from all over the country. The program is designed to provide students with a solid foundation in accounting principles and practices, preparing them for successful careers in the field.
The program is offered through the College of Management, which is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious accreditation that is only awarded to the top 5% of business schools in the world. This accreditation ensures that the program meets high standards of academic excellence and provides students with a world-class education.
The program offers a wide range of courses that cover various topics in accounting, including financial accounting, managerial accounting, taxation, auditing, and accounting information systems. These courses are designed to provide students with a comprehensive understanding of the field, as well as the practical skills necessary to succeed in it.
Course Requirements and Prerequisites for the Accounting Program at Long Island University
Here are the course requirements and prerequisites for the Accounting Program at Long Island University (LIU):
Bachelor of Science in Accounting degree: The Accounting Program at LIU requires students to complete a Bachelor of Science in Accounting degree, which consists of 120-122 credits.
Education Requirements: Students are required to complete general education requirements, including courses in English, maths, natural sciences, humanities, social sciences, and multicultural perspectives.
Business Core Requirements: Students must complete a set of business core requirements, including courses in management, marketing, finance, and information systems.
Accounting Core Requirements: The Accounting Program at LIU requires students to complete a set of core accounting courses, including financial accounting, managerial accounting, taxation, auditing, and accounting information systems.
Elective Requirements: In addition to the core courses, students must complete elective courses in accounting or related areas, such as business law, economics, or finance.
Prerequisites: Before enrolling in the core accounting courses, students must complete prerequisite courses in financial accounting, managerial accounting, and principles of economics.
Minimum GPA: Students must maintain a minimum GPA of 2.5 in accounting courses and a minimum overall GPA of 2.0 to remain in the program.
Professional Skills: Students are expected to develop professional skills, such as critical thinking, communication, and teamwork, throughout the program.
Continuous Improvement: The Accounting Program at LIU continuously reviews and updates its curriculum to ensure that students receive a relevant and rigorous education that meets the needs of the accounting industry.
Accounting Course at Long Island University
Here are a few major courses available at Long Island University.
Financial Accounting: This course at LIU covers the fundamental principles and concepts of financial accounting. Students learn how to prepare and interpret financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
Managerial Accounting: This course at LIU focuses on the use of accounting information for decision-making within an organization. Students learn how to analyze and interpret cost and performance data to help organizations make better business decisions.
Cost Accounting: This course at LIU covers the various cost accounting methods used in businesses. Students learn how to calculate the cost of products or services and how to use this information to make decisions related to pricing, budgeting, and performance evaluation.
Auditing: This course at LIU examines the principles and techniques of auditing. Students learn how to evaluate and test internal controls, perform substantive tests, and issue audit reports in accordance with Generally Accepted Auditing Standards (GAAS).
Taxation: This course at LIU covers federal income tax law and its application to individuals and businesses. Students learn how to calculate and prepare tax returns, as well as how to advise clients on tax planning and compliance.
Accounting Information Systems: This course at LIU explores the use of computerized accounting systems. Students learn how to design, implement, and maintain accounting information systems using industry-standard software.
Advanced Financial Accounting: This course at LIU delves deeper into financial accounting principles. Students learn about complex accounting topics such as consolidations, partnerships, and foreign currency translation.
International Accounting: This course at LIU examines the unique accounting issues faced by multinational corporations. Students learn about international financial reporting standards, transfer pricing, and foreign currency translation.
Forensic Accounting: This course at LIU covers the use of accounting in legal proceedings. Students learn how to detect, investigate, and prevent fraud using accounting principles and techniques.
Ethics in Accounting: This course at LIU explores ethical issues in the accounting profession. Students learn about the importance of professional responsibility, confidentiality, and independence in the field of accounting.
Faculty and Teaching Methodology at Long Island University
At Long Island University, the Accounting Program boasts an impressive faculty who bring their real-world experience into the classroom. The program is taught by industry experts who have spent years honing their skills in the accounting field, and are now eager to share their knowledge with the next generation of accounting professionals.
The faculty at Long Island University use a variety of teaching methodologies to ensure that students receive a comprehensive education in accounting. While traditional lecture-style classes are a cornerstone of the program, the faculty also incorporate group discussions, case studies, and hands-on projects to help students understand complex accounting concepts in a practical and engaging way.
In addition to their expertise in accounting, the faculty at Long Island University are also skilled educators who are dedicated to helping students succeed. They are passionate about teaching and are committed to providing personalized attention to each student, ensuring that they receive the guidance and support they need to excel in the program.
Internship Programs and Hands-on Experience
The Accounting Program at Long Island University understands the importance of practical experience and networking in the accounting industry. That's why they offer a range of internship programs and hands-on experiences to help students gain valuable professional experience and build a strong network of contacts.
One of the most popular experiences available to students is the opportunity to complete an internship with a leading accounting firm or corporation. These internships provide students with real-world experience working on accounting projects and tasks, and give them exposure to the day-to-day workings of the accounting industry. Through internships, students can also develop relationships with professionals in the field, which can lead to job opportunities after graduation.
In addition to internships, students in the Accounting Program at Long Island University have the opportunity to participate in case competitions. These competitions provide students with the chance to work on real-world accounting problems and present their solutions to a panel of judges, often comprised of industry professionals. This experience helps students hone their problem-solving and presentation skills, while also giving them the chance to network with potential employers.
The Accounting Program at Long Island University also encourages students to get involved in student organizations, such as the Accounting Society. These organizations provide students with the opportunity to network with fellow accounting students, as well as with accounting professionals who are often invited to speak at meetings and events. By joining these organizations, students can develop their communication and leadership skills, while also building valuable relationships with professionals in the field.
Student Life and Support Services at Long Island University
Long Island University prides itself on providing a supportive and engaging learning environment for its students. In addition to rigorous academic coursework, the university offers a variety of resources and support services to help students succeed both inside and outside of the classroom.
One of the most notable resources available to students is academic tutoring and advising. The university has a dedicated team of academic advisors who are available to meet with students and help them plan their coursework, select classes, and ensure they are on track for graduation. Additionally, tutoring services are available to help students who may be struggling with specific course material. These services are designed to help students succeed academically and achieve their goals.
In addition to academic resources, Long Island University offers a wide range of extracurricular activities and support services to help students build their skills, connect with other students, and feel supported and engaged on campus. Clubs and organizations are available to students who are interested in a variety of topics, from academic clubs like the Accounting Society, to cultural clubs and service organizations. These clubs provide students with the opportunity to develop leadership skills, network with other students and faculty, and engage in meaningful activities outside of the classroom.
Counseling services are also available to support students who may be experiencing personal or emotional challenges. The university has a team of licensed counselors who are available to meet with students one-on-one to provide support and guidance. These services are confidential and free of charge, and are designed to help students manage their mental health and overall well-being.
Finally, Long Island University offers a range of career development resources to help students prepare for their post-graduation careers. These resources may include resume writing workshops, career fairs, and job placement services. The university also has a strong network of alumni who are available to provide mentorship and career advice to current students.
