Courses of Study - William Jewell College

Courses of Study –
Business Administration and Economics
The American Marketing Association –
Student Chapter
The mission of the William Jewell College chapter is
to facilitate integration, reflection, closure and transition
of marketing related studies and practice
within the guidelines of the national AMA organization.
Students who wish to network with the local
marketing community or participate in regional and
national competitions using their marketing skills
are invited to join. Those students who also attain
academic success with grade point averages above
3.5 are invited to become members of Alpha Mu
Alpha honorary society.
Students in Free Enterprise (SIFE)
SIFE is a non-profit global student organization that
offers its team members the opportunity to develop
leadership, teamwork and communication skills
through learning, practicing and teaching the principles
of free enterprise, thereby improving the standard
of living for millions in the process. SIFE teams
teach important concepts through educational outreach
projects, including market economics, entrepreneurship,
personal and financial success, and
business ethics to better themselves, their communities
and their countries. Regional and National
Collegiate competitions are held every spring.
Accounting
Bachelor of Science Degree
A minimum of 32 credit hours in accounting
including ACC 211, 311, 312, 335, 341, 342, 411,
431, and 451 is required. In addition, accounting
majors must take ECO 201 and 202; BUS 201, 231,
232, 315 and 318; CST 266 and 267 (formerly
265) and MAT 155 or GEN 104.
Students seeking the B.S. in accounting must
achieve a grade of C- or better in each course
required for the major.
Transfer credit may be applied toward required
courses in the major upon department review and
approval. Credit awards will be decided on a case
by case basis. Only accounting courses of four or
more semester credits from approved institutions
will be considered for transfer credit.
First year students who plan to major in Accounting
are encouraged to take ACC 211 during the spring
of their first year.
Most states require students to have completed
150 hours of college credit to qualify to sit for the
CPA examination. Students who intend to take the
CPA exam upon graduation may qualify for a 9th
semester at a reduced tuition rate. The student
must have made application and be eligible to sit
for the CPA examination at the end of the 9th
semester. Application for the reduced tuition rate
must be made at least two semesters prior to the
9th semester. Special dispensation will be given to
allow students to take advantage of overseas studies
or special internship opportunities.
211. Fundamentals of Financial Accounting. 4 cr.
hrs. Measuring, processing, analyzing, and interpreting
elements of the four basic financial statements.
Only financial accounting courses of four or more
hours may substitute for ACC 211. Prerequisite:
sophomore standing or consent of instructor for first
year accounting majors. Recommended background:
GEN 103 or GEN 104.
311. Intermediate Financial Accounting I. 4 cr.
hrs. Application of accounting theory, standards,
principles and procedures to financial accounting
problems. Study of the objectives of external financial
statements and professional accounting.
Particular emphasis on assets, liabilities and corporate
capitalization. Prerequisite: ACC 211 with grade
of C- or better. Fall semester.
312. Intermediate Financial Accounting II. 4 cr.
hrs. Continuation of 311 with study including pensions,
leases, accounting changes, income recognition,
deferred taxes and cash flow. Prerequisite: ACC
311 with a grade of C- or better. Spring semester.
335. Income Tax. 4 cr. hrs. Theoretical basis for
taxation from laws and regulations, determination of
taxable income, deductions, exclusions, making and
filing returns. Prerequisite: ACC 211 with a grade
of C- or better. Fall semester.
341. Cost Accounting I. 4 cr. hrs. Fundamentals
of cost accounting including cost-volume-profit
analysis, job costing, activity-based costing, budgeting,
standard costing and variance analysis, cost
allocation, pricing, and strategic analysis. Only man-
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