Our accounting graduates are armed with the strength to analyze, interpret and communicate financial information used by management. Accounting is an exciting career that offers above-average financial opportunities. Upon graduation, many students work for public accounting firms such as Grant Thornton that provide accounting, auditing, taxation and management advisory services while others work for private companies such as Oshkosh Corp. and government/non-profit agencies including Legislative Audit Bureau.
- 2800+ accounting alumni
- 25% of active students volunteer for the Volunteer Income Tax Assistance Program
- 70+ accounting alumni with partner status
- 98% education satisfaction rating
- Top 10 in the nation Uniform CPA exam score
- Rated as a Top 10 school with high pass rates for first time CPA exam takers
- 50% increase in accounting students since 2001
- Public accounting firms provide accounting, auditing, taxation and management advisory services
- Manufacturing and other industries as managerial accountants who accumulate, analyze, interpret and communicate financial information used by management; and prepare financial reports for non-management groups such as shareholders, creditors, regulatory agencies and tax authorities
- Local or state government units to administer funds in accordance with legislative mandates and are responsible for information systems and the accounting procedures
- Healthcare industry has the need for accounting and financial expertise due to significant changes that have occurred in Medicare reimbursement of hospital services
Professional recognition as a management accountant can be obtained by passing the examination required for a Certificate in Management Accounting (CMA).
The CMA exam consists of two parts:
- Financial Planning, Performance and Control
- Financial Decision Making
Students are eligible to apply to take the CMA exam during their (graduating) senior semester, and are also eligible to receive a 50 percent discount on the exam fee.
Under Wisconsin state law, any individual who practices public accounting, including auditing financial accounting records and preparing of accounting reports which are made public, must be licensed as a Certified Public Accountant (CPA). In Wisconsin, to sit for the exam the candidate must have 150 semester hours of education, an accounting concentration and a minimum of a bachelor's degree.
The CPA exam (150 hour requirement) has four sections:
- Auditing and Attestation (AUD)
- Business Environment and Concepts (BEC)
- Financial Accounting and Reporting (FAR)
- Regulation (REG)
Wisconsin also has a three-year practice requirement which must be met before a certificate is granted. This experience must include 1 1/2 years at a level where an individual is responsible for independent decisions.