Cleary’s Corporate Accounting Bachelor of Science degree prepares the graduate for a career in accounting within industry or business. In addition to a strong foundation in financial and managerial accounting, the curriculum also includes courses in management, finance, economics, business law and ethics, marketing, statistics, operations management, business research, and international business. The skills acquired in these courses prepare the graduate to meet the professional challenges of the corporate business environment. Graduates are equipped with tools for intelligent analysis, planning, controlling, and decision making.
Corporate accountants deal with the management of assets, liabilities, costs and cost control, taxes, and business planning. The BS in Corporate Accounting degree program prepares the graduate for a career as a corporate accountant, financial manager, controller, and business consultant. Career opportunities in accounting are abundant, with projections for jobs to grow steadily through 2012. An increase in the number of businesses, changing financial laws and regulations, and increased scrutiny of company finances will drive growth.
The curriculum for the Corporate Accounting BS is closely aligned with the content of the newly revised Certified Management Accountant (CMA®) exam, which is administered by the Institute of Management Accountants (IMA). The CMA designation is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance. Achieving the CMA credential demonstrates a mastery of financial planning, analysis, control, and decision support, as well as professional ethics. There are two parts to the exam:
Part 1 – Financial Planning, Performance, and Control
- Planning, budgeting, and forecasting
- Performance measurement
- Cost management
- Internal controls
- Professional ethics
Part 2 – Financial Decision Making
- Financial statement analysis
- Corporate finance
- Decision analysis and risk management
- Investment decisions
- Professional ethics
To become certified, an individual must pass both parts of the CMA exam, be a member of the Institute of Management Accountants, hold a bachelor’s degree, and have two years of professional work experience in management accounting and/or financial management.
Cleary University is currently the only school in Michigan to offer instructor-led courses using the IMA’s CMA Learning System. To learn more about these courses, please click here.
Program Learning Outcomes
- Prepare and interpret financial statements
- Examine product costing systems
- Explain cost, volume, and profit analysis
- Discuss budgeting and standard costing
- Compare and contrast Generally Accepted Accounting Principles and International Accounting Standards
- Analyze accounting information systems