Accounting
Dr. Thomas Kelly, chair
Prof. Donald Materniak, CPA (N.J.), CFP
Prof. Albert Macre, CPA
Dr. Michael Welker
Mission
The mission of the Department of Accounting, Business Administration, and Economics is to provide undergraduate and graduate students a business education that is grounded in real-world best practice and illuminated by Catholic social thought. Our programs equip students with an outstanding professional competence that is fully integrated with the Franciscan value of transformational leadership in order for them to become business leaders that are ready to advance society in both profit and non-profit organizations.
Aims
Accounting is an indispensable tool of modern business and one of the fastest growing professions. Since the contemporary accountant develops budgets, probes costs, measures performance, and helps plan for future development, a wide knowledge outside the field is also needed. This includes a background in economics, finance and law. In addition, students planning to concentrate in this field are given a basic liberal arts background fundamental to a collegiate education.
Assessment Learning Goals
The faculty of the Department of Business shall achieve all department goals in a manner that will promote the teachings of the Catholic Church and comports with the University mission:
- To provide an understanding of the influence and impact of government policy changes to economic variables and the interpretation of economic indicators.
- To provide an understanding of basic accounting principles that will enable students to interpret basic financial statements.
- To develop critical thinking skills that will enable students to contribute to organizational success.
Specific program goals (All will include the general department goals): The student should be able to understand:
- The accounting cycle from transaction analysis to the preparation of basic financial statements.
- Advanced accounting theory and concepts.
- Accounting as an information system whose end result is the provision of financial and managerial information with decision-useful characteristics.
- The skills required in the fields of auditing and taxation.
Accounting Course Descriptions