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Students are considered members of the School of Accountancy and Management Information Systems when they have (1) met DePaul University and College of Commerce admission requirements and (2) declared Accountancy as their major field by completing a Declaration of Major form.

DECLARED STATUS
To declare a major in Accountancy the following conditions must be met: 1) the student must possess a cumulative GPA of 2.3 or better and an Accountancy GPA of at least 2.0 or better; 2) have received a minimum grade of C- for all introductory courses provided the cumulative GPA for these courses is not less than 2.0; 3) receive at least a C- or better in ACC 303 and ACC 304 with an Accountancy cumulative GPA of 2.0 or better; 4) have a combined total accounting GPA and cumulative GPA equal to at least 4.75. A grade of C- or better is required in all accountancy course work.

Students should submit their Declaration of Major form upon completion of ACC 304. Completion of the Declaration of Major Form is required by the end of the second quarter in the junior year. Membership may be conferred upon highly qualified students prior to junior standing at the discretion of the Director.

INTENDED STATUS
Students should apply for Intended Accountancy Major status prior to completion of ACC 304 and acceptance by the School of Accountancy and Management Information Systems as a declared major.

ACCOUNTANCY/FINANCE HONORS DOUBLE MAJORS

Accountancy majors who are also accepted into the Finance Honors Program should take ACC 307 Financial Reporting I for Finance Honors Students and ACC 309 Financial Reporting II for Finance Honors Students in lieu of ACC 304 Financial Reporting I and ACC 305 Financial Reporting II. These students are strongly encouraged to take the DePaul CPA review class if they wish to pursue the CPA designation.

STROBEL HONORS/FINANCE HONORS DOUBLE MAJORS

Strobel Honors students who are also accepted into the Finance Honors Program are not required to take ACC 307 Financial Reporting I for Finance Honors Students or ACC 309 Financial Reporting II for Finance Honors Students.

ADDITIONAL ACADEMIC POLICIES

Adjustments in programs are made on recommendation of advisors and upon agreement with the Director or designate. A grade of C- or better is required in all major-field courses whether taken as an elective or as a required course, provided the cumulative GPA in these courses is not less than 2.0. Exceptions will be granted only in rare or unusual circumstances with the permission of the Director of the School of Accountancy and Management Information Systems.

Accountancy Program Requirements Students must complete the following courses for the accounting major: ACC 202 Quantitative Methods for Accounting, ACC 300 Business Processes, Information Systems and Controls; ACC 303 Managerial Accounting; ACC 304 Financial Reporting I; ACC 305 Financial Reporting II; ACC 360 Taxation; ACC 350 Information for Decision Making; ACC 396 Internal and External Consulting, and two advanced electives in accounting.

CPA EXAM REQUIREMENTS
Candidates taking the Uniform Certified Public Accountant’s examination after December 31, 2000, must have completed at least 150 semester hours (225 quarter hours) of acceptable credit, which must include a baccalaureate or higher degree and include the equivalent of an accounting concentration. Since the usual number of hours required for an undergraduate business degree at DePaul is 192, additional hours will be required to be eligible to take the exam.

DePaul University’s College of Commerce and Kellstadt Graduate School of Business offer a variety of full-time, evening, and weekend programs that enable the individual graduating with an accounting major to obtain the required additional hours as well as enhance career opportunities. Options that provide at least the required number of hours include:
    Master of Science in Taxation (45 quarter hours).
    Master of Accountancy (45 quarter hours minimum).
    Master of Business Administration (72 quarter hours minimum).

An additional 33 quarter hours of course work at either the undergraduate or graduate level distributed across subject areas based on individual interests and/or CPA exam content is necessary to fulfill CPA requirements. Beginning accounting students may consider planning a double major or a minor to be taken along with their accounting major, nearly completing the 225 quarter hour (150 semester hour) requirement within the traditional four years. Double majors and minors can be taken in disciplines offered by the School, or the Colleges of Commerce, Liberal Arts & Sciences, and Computer Science and Telecommunications. See the School’s brochure Minors for Accounting Students

Accountancy Minor

MINOR
Students may obtain a minor in Accountancy by completing the following courses: ACC 101 Introduction to Accounting I; ACC 102 Introduction to Accounting II; ACC 300 Business Processes, Information Systems and Control; ACC 304 Financial Reporting I; ACC 360 Taxation; and one elective chosen from ACC 305 Financial Reporting II, ACC 303 Managerial Accounting, ACC 372 Audit and Other Assurance Services I or ACC 396 Internal and External Consulting. Students may declare a minor in Accounting by completing a Declaration of Minor Form. Eligibility for candidacy is based upon the following criteria: (1) an Accounting GPA of 2.0 or above in all accounting courses; (2) a cumulative GPA of 2.0 in all academic work; (3) and completion of one accounting course at DePaul prior to declaration. A grade of C- or better is required in all accountancy course work.

Students in the Finance Honors Program who wish to minor in Accountancy should take ACC 307 Financial Reporting I for Finance Honors Students in lieu of ACC 304 Financial Reporting I. ACC 309 Financial Reporting II for Finance Honors Students will satisfy the Accounting elective requirement for the minor.

NON-COMMERCE STUDENT MINOR
Students majoring in a discipline other than commerce may obtain a minor in Accountancy by completing the following courses: ACC 101 Introduction to Accounting I; ACC 102 Introduction to Accounting II; ACC 300 Business Processes, Information Systems and Control; ACC 304 Financial Reporting I; ACC 360 Taxation; and one elective chosen from ACC 305 Financial Reporting II, ACC 303 Managerial Accounting, ACC 372 Audit and Other Assurance Services I or ACC 396 Internal and External Consulting. Non-commerce students declare a minor in Accounting with their home college advisor. Eligibility for candidacy is based upon the following criteria: (1) an Accounting GPA of 2.0 or above in all accounting courses; (2) a cumulative GPA of 2.0 in all academic work; (3) and completion of one accounting course at DePaul prior to declaration. Students must meet the prerequisite course equivalencies of pre-calculus and sophomore standing prior to taking the first course in the minor. A grade of C- or better is required in all accountancy course work.

Strobel Honors Program The designation Strobel Scholar is reserved for students of exceptional ability, achievement, and motivation in the School of Accountancy and Management Information Systems’s Strobel Honors Program. These students are characterized by outstanding academic records, high aptitudes for scholastic work, and reputations for leadership.

Special honors sections of accountancy courses are provided for Strobel Scholars every quarter as indicated in the quarterly class schedule. The content and structure of these honors sections are designed to appeal to the Strobel Scholar. Strobel Scholars proceed through the Program together, interacting with peers who have similar abilities. Learning and teaching concepts are advanced and student-oriented; small group activities and student presentations are used in honors sections. Students in the Strobel Scholars Program are expected to maintain high academic performance throughout the complete honors curriculum. Academic performance is reviewed at the end of each school year by the Administrator of the Strobel Scholars Program, Deloitte Professor John McEnroe. Outside speakers from the accounting and business communities are frequent visitors and participants.

The program is named after the late chair of the Accountancy Department, Eldred C. Strobel. Professor Strobel’s distinguished career as an accounting educator spanned thirty-five years, fourteen of which were served as chair. Known for his support of innovative approaches to accounting education, he was the founder of the honors program, which now bears his name.

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