This is a first version of the University of Iowa 2018-19 General Catalog. The final edition and the historical PDF version will be published soon after the fall semester begins.

Students who wish to earn the Bachelor of Business Administration with a major in accounting must be admitted to the accounting program. Undergraduate accounting majors are subject to the probation and dismissal rules described in the Bachelor of Business Administration section of the Catalog and are governed by the Tippie Honor Code.

The B.B.A. is not sufficient preparation for CPA licensure in states that have passed a 150-hour law, including Iowa.

The Bachelor of Business Administration with a major in accounting requires a minimum of 120 s.h., including at least 25 s.h. of work for the major. Students must be admitted to the accounting program in order to major in accounting. Course work in the program provides concentrated coverage of professional accounting subjects and closely related topics in commercial law, business, and information systems.

To enter the program, undergraduates must be admitted to the Tippie College of Business. They must have a University of Iowa g.p.a. of at least 3.00 and a cumulative g.p.a. of at least 3.00, a g.p.a. of at least 2.67 (B-minus average) in ACCT:2100 Introduction to Financial Accounting and ACCT:2200 Managerial Accounting, and a passing score on the Department of Accounting writing assessment. Students who wish to declare accounting as a major but do not satisfy the automatic admission requirements may still apply to the professional program; applications are reviewed case-by-case.

Students usually spend the first and second year taking prerequisites and other course work required for all B.B.A. students. To view the common B.B.A. requirements, see Bachelor of Business Administration in the Catalog.

Accounting Major

The major in accounting requires the following work during the third and fourth years.

Third Year

These business core classes are prerequisites to major-level courses:

Students may not count ACCT:3020 Financial Accounting and Reporting toward the B.B.A. in accounting due to overlap in course content.

Fall Semester
ACCT:3100Professional Accounting Seminar (must be taken by the second semester in the program)1
ACCT:3200Income Measurement and Asset Valuation3
ACCT:3400Introduction to Taxation3
BUS:3000Business Communication and Protocol (taken first year after admission to the college)3
One business core requirement3
Elective3
Spring Semester
ACCT:3300Valuation of Financial Claims3
ACCT:3600Accounting Information Systems3
Two business core requirements6
Elective3

Summer: GMAT and Admission to the M.Ac.

Students who intend to continue in the accounting program after receiving the B.B.A. should take the Graduate Management Admission Test (GMAT) during the summer before their senior year, as preparation for applying to the Master of Accountancy program.

Fourth Year

Fall Semester
ACCT:4100Auditing3
One accounting elective3
One business core requirement3
Two electives6
Spring Semester
ACCT:4200Accounting for Management Analysis and Control3
ACCT:4300Business Law3
One accounting elective (if not taken fall semester)3
Two or three electives6-9

Students must choose one of the following accounting electives during their fourth year.

ACCT:3500Advanced Tax Topics (offered fall only)3
ACCT:4400Advanced Financial Accounting (offered spring only)3

Optional Accounting Electives

ACCT:3450Tax Practicum (VITA) I1
ACCT:3451Tax Practicum (VITA) II2
ACCT:4600Tax Research2
ACCT:4900Academic Internship (consent of department required)1

Over 95 percent of students reported that they found permanent employment, were accepted to graduate school, or were not seeking employment within six months of graduation.

The Pomerantz Career Center offers multiple resources to help students find internships and jobs; for more information about careers, visit Accounting on the Pomerantz Career Center website.