Accounting is best defined as the systematic recording, reporting and analysis of financial transactions. Students who select accounting as their major generally show a talent for analyzing financial information, developing financial and investment planning strategies, verifying financial documents, and managing costs and assets. All organizations need these skills to ensure proper financial management.
As an undergraduate accounting major in the Wayne State University Mike Ilitch School of Business, you will be prepared to apply your accounting expertise in a variety of career paths that can include corporate, governmental, nonprofit or public accounting. Additionally, our program helps prepare students to sit for professional examinations, including Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Internal Auditor (CIA) and more.
Ilitch School accounting students learn the analytical and technical skills necessary for sound professional judgment in financial decision making.
Courses cover a wide range of topics, including:
- Preparation and interpretation of financial statements
- Concepts and procedures for bonds, leases, pensions, income taxes and owners’ equity
- Techniques for database design and information systems auditing
- Concepts related to business and individual taxation
With the flexibility of multiple campuses and online courses, you can personally tailor your educational experience. As an accounting major, you can complete your major requirements at WSU’s main campus in Midtown Detroit or at any WSU extension center offering the required classes.
Students graduating in accounting will continue to be in demand due to the need for thorough documentation of nancial controls resulting from more stringent federal regulations. Additionally, individuals will be needed who can analyze increasingly complex financial data. Accountants with professional certification (CPAs, CMAs, CIAs and others) will enjoy the most career options and highest salaries.
Accounting career titles can include:
- Auditor/internal auditor
- Assistant controller/ controller
- Budgetary control analyst
- Certified public accountant
- Chief financial officer
- Claims adjuster/examiner
- Cost accountant
- Federal Bureau of Investigation (FBI) agent
- Financial analyst
- Industrial accountant
- Inventory control specialist
- Internal Revenue Service (IRS) investigator
- Managerial accountant
- Payroll manager
- Treasury management specialist
- Undergraduate accounting major requirements
- Post-Bachelor Certificate in Accounting
- Master's programs
- Message from the chair
- Accounting faculty profiles
- Accounting career information packet