Curriculum

CPA Exam Educational Requirements in Indiana

The Accounting major is a four-year program that leads to the bachelor of science degree (for a minimum of 124 semester hours).

The Accounting curriculum requires nine courses (27 hours) that expand the knowledge gained in the business core curriculum. The six required courses cover financial and cost accounting, accounting systems, taxation, and auditing. Three electives courses are chosen from such topics as: forensic accounting, not-for-profit accounting, advanced tax, advanced financial accounting, advanced business law, the internship course..

Specific Accounting requirements:

ACCT 301, Financial Accounting I

ACCT 302, Financial Accounting II

ACCT 311, Cost Accounting

ACCT 313, Accounting Systems

ACCT 404, Introduction to Federal Income Taxation

ACCT 415, Auditing Theory and Practice

9 hours of accounting electives

A minor in accounting can be obtained by taking 12 hours of upper level accounting courses including: ACCT 301 and ACCT 302 and 6 hours of accounting electives.

CPA Exam Educational Requirements in Indiana

Effective September 2, 2001, all first-time candidates applying for the Uniform CPA Examination in Indiana must obtain at least one hundred fifty (150) semester hours of college education, including a baccalaureate or higher degree from an accredited college or university. As part of the one hundred fifty (150) semester hours, an applicant must meet any one (1) of the following conditions:

(1) Earned a graduate degree from a college or university that is accredited by an accrediting organization recognized by the board, and completed:

(A) at least twenty-four (24) semester hours in accounting at the undergraduate level or fifteen (15) semester hours in accounting at the graduate level; and

(B) at least twenty-four (24) semester hours in business administration and economics courses, other than accounting courses, at the undergraduate or graduate level.

NOTE: The accounting courses must include courses covering the subjects of financial accounting, auditing, taxation, and managerial accounting. If the accounting hours are a mixture of graduate and undergraduate hours, the higher number of required hours applies. The business administration courses may include up to six (6) semester hours of business and tax law courses and up to six (6) semester hours of computer science courses.

It is recommended that accounting students meet the 150-hour requirement by:

Completing a MBA degree or obtain a minor or double major in a related field such as Finance, Insurance and Risk Management, or Management Information Systems.