The accounting major is designed to prepare students with the knowledge, the analytical ability, and the skills to succeed in the managerial, governmental, nonprofit or systems fields of accounting, or in graduate school. It is supported by a strong liberal arts education and an extensive selection of courses in business and economics. A unique program Ferrum College Accounting is proud to offer students and the community is the VITA Tax Preparation Service.
There are 41 credit hours of courses in accounting, business, mathematics, and economics. You will take a core of accounting courses covering budgeting, financial statements, effects of cost on revenues, tax laws, and microcomputer accounting software.
Basic theory, concepts, and methodology of accounting. Valuation and income determination, internal control systems, and basic financial statement preparation.
An introduction to the management functions of planning, organizing, leading, and controlling and how they are evolving in today’s business environment. An emphasis is placed on the management and mobilization of people to achieve organizational goals.
Analysis of the theory, concepts, principles, and procedures underlying the preparation of financial statements for external reporting.
A financial auditor reviews a company’s financial statements, documents, data, and accounting entries. Financial auditors gather information from a company’s financial reporting systems, account balances, cash flow statements, income statements, balance sheets, tax returns, and internal control systems.
Tax accountants work with clients to produce tax return documents that follow laws and regulations. Throughout the filing process, they keep clients updated on their return information.
An accountant helps businesses make financial decisions by collecting, tracking, and correcting the company’s finances. They are responsible for financial audits, reconciling bank statements, and ensuring financial records are accurate throughout the year.
Payroll clerks are responsible for maintaining payroll information by collating, calculating, and entering data. They also update records with changes in employee details or benefits like job titles, that might occur over time.
View the catalog for all program courses and degree requirements.
