Accounting

We prepare students to thrive as ethical leaders by focusing on the fundamentals of informed and ethical decision-making in the accounting profession. Whether you plan to become Certified Public Accountant or pursue a career in a related field, we believe all Carroll School students benefit from understanding how capital is managed and allocated. 

Contact

Fulton Hall 520 |  617-552-3940
Mark Bradshaw, Chairperson
Maureen Chancey, Admin. Assistant

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Why Accounting?



The study of accounting is the study of a language that describes how capital is allocated and managed by organizations. 


In our increasingly globalized economy, this language of business is becoming even more important as capital flows across borders. 


Accountants play a central role in business management, performance assessment, and data reporting to investors, regulators, and other members of society.

Undergraduate Programs

Accounting Concentration

Designed for those who plan on becoming Certified Public Accountants (CPAs), the accounting concentration prepares students for careers in public accounting, industry, financial institutions, government, information systems, law, or not-for-profit organizations.  

Curriculum

6 courses

5

Required Courses




Course # Course Name
ACCT1022 Managerial Accounting
ACCT3301 Financial Accounting Standards and Theory I*
ACCT3302 Financial Accounting Standards and Theory II
ACCT3307 Managerial Cost & Strategic Analysis
ACCT4405 Federal Taxation

*After taking ACCT3301, students desiring to switch to the Accounting for Finance and Consulting concentration may do so by supplementing ACCT3301 with a one credit independent study that together will satisfy the ACCT3321 requirement for that concentration.


1

Additional Course from this list

Course # Course Name
ACCT3309 Audit & Other Assurance Services*
ACCT3351 Financial Statement Analysis
ACCT6601 Financial Accounting Standards and Theory III
ACCT6618 Accounting Information System (AIS)

*Auditing is a requirement to sit for the CPA exam in all states and a requirement for admission to the Boston College Master of Science in Accounting (MSA) Program.

Accounting for Finance and Consulting Concentration

Building on the CSOM core curriculum, this concentration is designed to teach users of financial statements (rather than preparers of financial statements) how accounting information, shaped by regulation, has advantages and limitations in assessing the economics of an underlying business. Provides critical skills for a wide variety of careers in business, including financial analysis, investment banking, consulting, marketing, and management training programs.

Curriculum

4 courses

1

Required Course




Course # Course Name
ACCT3321 Intermediate Accounting for Finance & Consulting*

1

Course from this list



Course # Course Name
ACCT3307 Managerial Cost Analysis 
ACCT3351 Financial Statement Analysis

2

Courses from this list

Course # Course Name
ACCT3307 OR ACCT3351 Managerial Cost Analysis OR Financial Statement Analysis***
ACCT3309 Audit & Other Assurance Services
ACCT4405 Federal Taxation 
ACCT6601 Financial Accounting Standards and Theory III
ACCT6615 Advanced Federal Taxation
ACCT6618 Accounting Information Systems
ACCT6623 Fair Value Accounting and Measurement
ACCT6626 Taxes & Management Decisions
ACCT6635 Forensic Accounting
ACCT6640 Dive, Dissect & Decide w/ Big Business Data (Spring)
BZAN3375 Operations Strategy & Consulting
BZAN3384 Predictive Analytics
BZAN6606 Forecasting Techniques
ECON2228 Econometric Methods
MFIN2235   Investment Banking (fulfills Finance ‘Bucket’ elective)
MFIN6616 Intro to the Investment Banking Industry (fulfills Finance ‘Other’ elective)

*Students wanting to switch from the Accounting concentration after taking ACCT3301 (FAST I) have two options. You may take a one credit independent study which, together with ACCT3301, will satisfy the ACCT3321 requirement. Alternatively, you may take ACCT3302 as one of your electives. Both courses together will satisfy the ACCT3321 requirement.

** A maximum of one elective can count towards the requirements of two different concentrations.

***Both classes may be taken, and the second one will count as an elective.

Accounting and Information Systems Concentration

Please note: This concentration will end with the Class of 2025
Employers continually emphasize the value of graduates who understand both business and the information system (IS) that supports it. While IS professionals develop competence in the design and implementation of business information systems, accountants have a broad understanding of the business process and controls, and how the systems are used to generate information for decision making.  

Curriculum

5 courses

4

Required Courses




Course # Course Name
ACCT3301 Financial Accounting Standards and Theory I
ACCT/ISYS6618 Accounting Information Systems
ISYS3257 Database Systems and Applications (OR CSCI2257)**
ISYS4258
Systems Analysis and Design

**Beginning with the class of 2024, ISYS3350 - Data Management for Analytics and Applications will be required in place of ISYS3257 or CSCI2257.


1

Course from this list

Course # Course Name
ACCT3302 Financial Accounting Standards and Theory II
ACCT3307 Managerial Cost & Strategic Analysis 
ACCT3309 Audit & Other Assurance Services
ACCT3351 Financial Statement Analysis
ACCT6640 Dive, Dissect & Decide with Big Business Data (Spring)

Accounting for CPAs Minor

To meet CPA requirements, additional classes are required
Designed for those who are interested in working in public accounting, the accounting curriculum sequence is designed to prepare a student for a professional career in public accounting, industry, financial institutions, government, information systems, law, or not-for-profit organizations.  

Curriculum

6 courses

6

Required Courses




Course # Course Name Notes
ACCT1021 Financial Accounting Prereq for all acct courses
ACCT3301 Financial Accounting Standards and Theory I  
ACCT3302 Financial Accounting Standards and Theory II Prereq: ACCT3301
ACCT3307 Managerial Cost & Strategic Analysis  
ACCT3309 Auditing & Other Assurance Services*  
ACCT4405 Federal Taxation  

*Auditing is a requirement to sit for the CPA exam in all states and a requirement for admission to the Boston College Master of Science in Accounting (MSA) Program.

After taking ACCT3301, students desiring to switch to the Accounting for Finance and Consulting minor may do so by supplementing ACCT3301 with a one credit independent study that together will satisfy the ACCT3321 requirement for that minor.


Accounting for Finance and Consulting Minor

The Accounting for Finance and Consulting minor leverages the critical thinking and communication skills developed in the MCAS curriculum, providing students with key skills that distinguish them from other new hires in financial services or consulting. It also provides students with an advantage in graduate business programs.

Curriculum

6 courses

2

Required Courses




Course # Course Name Notes
ACCT1021 Financial Accounting Prereq for all Accounting courses
ACCT3321 Intermediate Accounting for Finance & Consulting*  

Then, students must choose either the consulting or finance track.


Consulting:

Course # Course Name Notes
ACCT1022 Managerial Accounting  
ACCT3307 Managerial Cost Analysis Prereq: ACCT1022

or


Finance:

Course # Course Name Notes
MFIN1021 Fundamentals of Finance Prereq: ACCT1021
ACCT3351 Financial Statement Analysis Prereq: MFIN1021

All students must choose two electives (check prerequisites for each course)**:

2

Electives from this list

 

Course # Course Name
ACCT1022 AND ACCT3307 Managerial Accounting AND Managerial Cost Analysis
ACCT3309 Audit & Other Assurance Services
ACCT4405 Federal Tax
ACCT6601 Financial Accounting Standards and Theory III
ACCT6615 Advanced Federal Taxation
ACCT6618 Accounting Information Systems
ACCT6623 Fair Value Accounting and Measurement
ACCT6626 Taxes & Management Decisions
ACCT6635 Forensic Accounting
ACCT6640 Dive, Dissect & Decide w/ Big Business Data (Spring)
BZAN3375 Operations Strategy & Consulting 
BZAN3384 Predictive Analytics
BZAN6606 Forecasting Techniques
ECON2228 Econometric Methods
MFIN1021 AND ACCT3351 Fundamentals of Finance AND Financial Statement Analysis
MFIN2235 Investment Banking
MFIN6616 Intro to the Investment Banking Industry

*ACCT3301 FAST I will be accepted as a substitute for ACCT3321 upon completion of a one credit independent study.

**Electives may also include both courses from the other track (both will count together, but not separately). A maximum of one elective can count towards the requirements of two different minors/concentrations.


Full-Time Faculty

Our Students


Careers

BC accounting graduates are among the best in the world, as evidenced not only by their superior job placements and CPA exam pass rates, but also their solid grounding in a liberal arts core that is infused with the Jesuit tradition of service and high ethical standards.

163,000

Job openings in the accounting field each year

U.S. Department of Labor

Sample List of Employers 

Deloitte

Binder Dijker Otte

Ernst and Young (EY)

 

 

EisnerAmper LLP

FORVIS

Goldman Sachs

 

JP Morgan Chase

KPMG

PricewaterhouseCoopers

 

Study Abroad

students abroad
Immerse yourself in a different culture, discover aspects of your discipline and yourself, gain new perspective, and cultivate important contacts. 

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