Accounting

Our accounting programs prepare students to join one of the world’s most respected professions. Businesses, governments and nonprofits rely on accounting professionals to provide insight into business operations, lend credibility to financial reports, and comply with complex regulatory requirements. Coursework encourages students to become leaders and decision makers, using critical thinking skills to make rational, ethical decisions.

Our Program

Accounting majors complete the foundational courses required to take the Certified Public Accountant (CPA) exam, and they earn at least 120 of the 150 credit hours required for licensure in most states. Some students satisfy the 150-credit requirement in just four years by maximizing their enrollment each semester, transferring AP credits or taking summer classes. Others complete our combined bachelor’s/master’s program to satisfy the requirement in five years. 

Coursework is full of hands-on problem solving, using case studies and team projects to develop analytical and communication skills. In the capstone course, students perform issues-based research using professional databases, participate in formal debates and write a research paper on a current accounting topic.

Our program also provides a foundation for other professional certifications such Certified Management Accountant (CMA), Certified Fraud Examiner (CFE) and Certified Internal Auditor (CIA). These certifications require further education, professional experience and exams.

Program Spotlight: Tax Preparation

During the spring semester, 11 accounting students prepared more than 300 tax returns through the Volunteer Income Tax Assistance program, which offers free help to people who earn $55,000 or less, persons with disabilities and limited English speaking taxpayers who need assistance in preparing their tax returns. Working at public libraries and senior centers, the students completed more than 50 percent of the returns in Newport County submitted through the program.

Our Faculty

Our faculty hold advanced degrees and are licensed Certified Public Accountants with professional work experience. This practical knowledge infuses the theoretical study of accounting concepts and standards with relevant application, helping students develop the skills necessary for successful careers in the field.

 

Meet our faculty

Life After Salve

Accounting is a profession in demand. Jobs are expected to grow at an above-average rate over the next decade, and the American Institute of CPAs projects that nearly 75 percent of CPAs will be of retirement age by 2020. This suggests widespread opportunities for fast-track growth in the profession.

  • Public accountants provide a broad range of accounting, auditing, tax and consulting services. Our graduates work at international firms including EY, PwC, KPMG and Deloitte as well as regional and local firms.
  • Management accountants support the management functions of planning, directing and controlling operations within an organization. Our graduates often begin as financial analysts, budget analysts and staff accountants and move into roles such as program manager, controller, chief financial officer and chief executive officer.
  • Government regulators audit organizations and individuals at the federal, state and municipal levels. Federal agencies include the Internal Revenue Service, Securities and Exchange Commission, Federal Reserve and Federal Deposit and Insurance Corporation.
  • Internal auditors perform compliance and operational audits within their organization. They examine and evaluate an organization’s internal controls, financial and information systems, management procedures and the efficiency and effectiveness of operations.

While most of our graduates work in these primary accounting fields, others have pursued careers as security analysts, fixed income traders, financial planners, human resource managers, recruiters and university administrators.

Salve gave me the baseline knowledge and tools in my field that was necessary to get my foot in the door at a very credible CPA firm in downtown Providence. Its competitive student body and diverse class offerings allowed me to gain a broad spectrum and open mind, which was crucial to my growth as a professional within my current firm. Success among these challenges gave me the confidence to run for public office and become a leader among my community. 

Rory McEntee '15, senior accountant, Piccerelli, Gilstein & Co.

Major in Accounting (B.S.)

22 courses | 72 credits

Business core requirements:

  • ACC101: Financial Accounting
  • ACC104: Managerial Accounting
  • ACC341: Accounting Information Systems
  • ECN101: Introductory Macroeconomics
  • MGT120: Management and Organizational Behavior
  • MGT212: Business Communication
  • MGT270: Financial Management
  • MGT280: Principles of Marketing
  • MGT300: Ethics for Business
  • MGT403: Business Law
  • MGT490: Strategic Business Planning Capstone
  • MTH172: Quantitative Methods for Business
  • STA201: Statistical Methods

Additional required courses:

  • ACC201: Intermediate Accounting I
  • ACC311: Intermediate Accounting II
  • ACC322: Cost Accounting
  • ACC331: Federal Income Taxes I
  • ACC332: Federal Income Taxes II
  • ACC401: Advanced Accounting
  • ACC404: Auditing
  • ACC405: Accounting Theory and Practice
  • ECN102: Introductory Microeconomics or ECN305: Money, Banking in Financial Markets

Minor in Accounting

An accounting minor can add a highly regarded specialty to the undergraduate degree, demonstrating expertise in the language of business.

5 courses | 19 credits

Required courses:

  • ACC101: Financial Accounting
  • ACC104: Managerial Accounting
  • ACC201: Intermediate Accounting I
  • ACC311: Intermediate Accounting II
  • ACC331: Federal Income Taxes I or ACC341: Accounting Information Systems