We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What Are the Different Types of Accounting Required Courses?

By Theresa Miles
Updated Feb 12, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

An accounting major is typically designed to enable the student to eventually satisfy the prerequisites needed to take the exam to become a certified public accountant (CPA). Although there are many accounting-related jobs that do not require certification, classification as a CPA is the pinnacle of the career path. Most business schools structure an accounting curriculum with the certification process in mind. Consequently, the accounting required courses are uniform across most accredited business schools that offer a four-year bachelor's degree in accounting or a two-year Master's of Business Administration (MBA). The required courses include financial accounting at the introductory, intermediate and advanced levels, management accounting and income tax accounting.

At the bachelor's degree level, colleges and universities structure the accounting major so the student must take certain required courses. Students can then choose a number of electives from a list of classes that target specific topics. The accounting required courses focus on the three most important areas of accounting: financial, management and taxation.

Financial accounting is the type of accounting work that is done for public corporations and involves financial reporting and auditing of past activity. Management accounting deals with the type of general business accounting that enables executives to make decisions and plan for the future. Tax accounting involves everything that enables people and entities to comply with the jurisdiction's tax code.

Schools typically require accounting majors to take three classes of financial accounting at the introductory, intermediate and advanced levels. The other accounting required courses at the bachelor's level are a management accounting class and an income tax accounting class. These five classes are the core requirements, while the rest of the credits needed for the major can be filled with accounting electives.

The MBA in accounting required courses are typically selected from the options provided by the CPA licensing body that will qualify the student for the licensing exam. It is possible for a candidate for an MBA in accounting not to have an undergraduate accounting degree. Consequently, the required courses at this level will differ, depending on the school and whether some of the classes were taken by an individual student as part of a bachelor's degree program in accounting.

Generally, the MBA required courses include some variation of advanced auditing and accounting in a global environment. The required courses also typically includes advanced accounting theory and practice or financial statement analysis, and advanced contemporary accounting theory. If the student has not already taken these classes, he is usually required to satisfy intermediate and advanced financial accounting and income tax accounting for businesses.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.