Post-Baccalaureate Certificate in Accounting | Albright College

Post-Baccalaureate Certificate in Accounting

According to reports from the Bureau of Labor Statistics and the Educational Advisor Board, the need for accounting professionals continues to grow in Pennsylvania. In fact, the Bureau of Labor and Statistics projects a 10% (faster than average) increase in accounting related positions across the nation, between 2016 and 2026.

Be ready with Albright’s accelerated post-baccalaureate certificate in accounting, designed to help students prepare for all four sections of the CPA exam.

Albright’s certificate program provides 36 credits in accounting, auditing, financial or tax subjects required to pursue a CPA license, among a total of 150 college credits. And the program’s evening classes afford students to complete 1,600 hours of qualified work experience also required for the CPA exam during regular work hours. (Required CPA work experience should be completed separately from the Albright certificate.)

Accelerated learning benefits

Learning in an accelerated course format allows adult learners to focus on one subject at a time. Though classes are condensed into five weeks, learning outcomes and objectives are consistent with standard 15-week courses.

 


Albright College Faculty

Jo Anne A. Weaver, MBA, CPA, assistant professor and program chair
B.S. Mount St. Mary’s University
M.B.A. Mount St. Mary’s University
Forensic Accounting Certificate Georgetown University

Roberto Mandanici, MBA, CPA., CMA, CFM, assistant professor
B.S. Alvernia University
M.B.A. Temple University


Course Descriptions

ACC 905 Accounting: The Language of Business

An introduction and overview of the role of accounting in business and organizations. The course will cover current events, accounting research, the preparation of financial statements, and the interpretation of the financial information prepared by management and used by investors, creditors

and regulatory agencies. Students will also learn how the time value of money affects financial transactions.

ACC 908 Financial Accounting

An introduction to the basic accounting transactions that corporations use on a daily basis. Once the transactions are recorded, the financial statements learned in ACC 905 will be prepared so that students can then perform vertical and horizontal analyses and calculate key financial ratios in order to properly analyze the performance of a company. Students will continue to research accounting topics that currently affect our economy.

ACC 912 Financial Reporting I

(sequence of three sequenced Financial Reporting courses, building upon each other)

An in-depth study of generally accepted financial accounting concepts, standards and applications for business enterprises. Financial reporting covers the recognition, measurement, valuation and presentation of specific types of transactions, items and events in financial statements in conformity with generally accepted accounting principles.

ACC 914 Financial Reporting II

An in-depth study of generally accepted financial accounting concepts, standards and applications for business enterprises. Financial reporting covers the recognition, measurement, valuation and presentation of specific types of transactions, items and events in financial statements in conformity with generally accepted accounting principles.

ACC 916 Financial Reporting III

An in-depth study of generally accepted financial accounting concepts, standards and applications for business enterprises. Financial reporting covers the recognition, measurement, valuation and presentation of specific types of transactions, items and events in financial statements in conformity with generally accepted accounting principles.

ACC 940 Professional Issues

Study and discussion focus on the professional and legal issues confronting accountants and professional firms. Special emphasis will be given to Codes of Professional Conduct, professional standards, illegal acts, management fraud, auditors liability, government regulation and contractual obligations.

ACC 945 Advanced Accounting

Exploration and discussion of legal, financial and business issues unique to corporate reporting entities. Topics include business combinations, segment reporting, earnings per share, related party transactions and SEC compliance and reporting standards.

In this course the student will learn:

  1. Distinguish between the purchase method and pooling of interest method.
  2. Prepare entries for two companies, each with goodwill, direct and indirect acquisition costs, issue costs.
  3. Prepare determination and distribution of excess schedules for two 100% investments at alternative prices.
  4. Perform comparison of 100% purchase and pooling; record investments and prepare consolidated balance sheets.
  5. Prepare elimination entries using the equity method and cost method.
  6. Prepare consolidated worksheets utilizing simple equity method and cost methods.
  7. Prepare journal entries to account for contracts that are denominated in foreign currency.
  8. Prepare a translated trial balance along with the necessary consolidation entries.

ACC 910 Managerial Accounting

This course provides a basic foundation for analyzing and interpreting financial information as a basis for decision making and preparing and interpreting information for planning and control. Topics include budgeting, costing techniques, cost allocations, volume and profit analysis and inventory control.

ACC 980 Strategic Cost Management

This course follows ACC910 Managerial Accounting and includes traditional, as well as, current practices in cost accounting. The focus is on methods that will be useful to students in their careers. The course introduces relevant costs and their use in decision making, including cost functions and behavior. Once these are understood, the student will be better able to understand the uses and limitations of cost allocations.

ACC 960 Auditing I

Designed to provide a foundation in financial statement auditing, this course will focus on critical current issues such as fraud detection, risk assessment, audit procedures, Sarbanes Oxley, and auditor independence. Class discussions and assignments will address the economic and social justifications for the auditing role and profession. We will explore the auditor’s social responsibility towards investors, analysts and the public at large. These parties can make better decisions if they trust the financial information disseminated by management; the role of the auditor is instrumental to establishing and maintaining this trust. The course will focus on critical current issues such as fraud detection, risk assessment, audit procedures, Sarbanes Oxley, and auditor independence. The course is designed to provide a foundation in financial statement auditing. Class discussions and assignments will address the economic and social justifications for the auditing role and profession. We will explore the auditor’s social responsibility towards investors, analysts and the public at large. These parties can make better decisions if they trust the financial information disseminated by management; the role of the auditor is instrumental to establishing and maintaining this trust.

ACC 962 Auditing II

This course will build upon the basic auditing concepts learned in ACC 960 so that the students will have a comprehensive knowledge understanding of the role and impact of the external auditing profession on our economy.

ACC920 Federal Taxation I

The study of Federal tax law, regulations and procedures as applied to business entities and individuals. Coursework emphasizes compliance and planning for income reporting, deductions, property transactions, minimizing taxable income and choosing a business form.


Albright College: Who Are We?

Founded in 1856, Albright College educates creative, curious students to become adaptable, global citizens who discover and reach their full potential.  Close faculty mentorship, numerous experiential learning options, and a diverse, supportive and nurturing community of scholars and learners help students exceed their own expectations and graduate with a commitment to a lifetime of service and learning.


Learning Outcomes

The learning objectives for the post-baccalaureate certificate program are aligned to sections of the CPA examination. The Uniform CPA Examination is comprised of four section: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG). The learning outcomes are listed below and connected to relevant domains of the CPA Exam:

  1. Demonstrate and apply knowledge and generally accepted accounting principles (GAAP) and Governmental Accounting and Financial Reporting Standards. (FAR)
  2. Demonstrate and apply knowledge of Generally Accepted Auditing Standards (GAAS). (AUD)
  3. Interpret, infer and apply the income tax codifications to individual and business entities. (REG)
  4. Employ strong conceptual skills for solving business and accounting problems. (BEC)
  5. Communicate effectively at a professional level through: reading, Writing and speaking from a pedagogical level to an appropriate professional (BEC)
  6. Demonstrate an understanding of relevant professional standards and codes of conduct by recognizing the importance of the ethical decision making process. (AUD)
  7. Understand the impact of globalization by identifying the effect of internal financial reporting standards on the accounting profession and business. (FAR)
  8. Identify ethical dilemmas and develop appropriate courses of action that are considered unbiased and promote the well0being of individuals and society. (AUD)
  9. Demonstrate an understanding of internal controls and analyze their effectiveness to safeguard company assets and ensure the reliable financial reporting. (AUD)

 

Professors

Courses taught by a mix of full-time faculty and experts working in the field

Credit Flexibility

5 courses/20 credit program
Program can be used as a minor for bachelor’s degree seeking students
Program can be a stand-alone certificate for non-bachelor’s seeking students
Students may transfer prior credit towards APS 294

Convenience

Accelerated courses that run 7 weeks
All courses offered exclusively online

Cost Savings

Financial Aid for bachelor’s degree seeking students
Alternative payment options for certificate seeking students
Digital textbooks included in the cost of tuition