Redefining the Classroom
  • Preparing You

    The discipline of accounting provides financial and other information essential to the efficient conduct and evaluation of the activities of any organization. Accounting includes the development and analysis of data, the testing of its validity and relevance, and the interpretation and communication of the resulting information to intended users.

    The Lake Superior State University Accounting Department offers two degree programs:

    The four-year undergraduate program leads to a Bachelor of Science degree in Accounting. This program emphasizes practical skills and theoretical knowledge in accounting to prepare students for careers in public and private accounting and advanced study within the discipline. This program also provides students with a strong foundation in other business disciplines and general education. Students who complete this program are eligible to sit for the Certified Public Accountant and Certified Management Accountant examinations.

    The two-year Associate in Technical Accounting program is designed for those who do not plan to go to college for four years but desire a working knowledge in the field of accounting. The program provides students with an understanding of the accounting techniques used in business as well as exposure to economics, finance business law and business communication. After completing this program, students may transfer to the four-year program without loss of credits.

    Lake Superior State University student Douglas Leonhardt of Sault Ste. Marie, Mich., accepts the Lukenda School of Business Outstanding Baccalaureate Student Award from business professor Mindy McCready during an annual recognition dinner held April 26 in Sault Ste. Marie, Mich. The award is based upon a professor poll and best overall grade point average. Leonhardt graduated with a bachelor of science degree in accounting along with an associate's degree in technical accounting.

    Degrees

    Career Choices

    Career opportunities are virtually limitless for an accounting student entering the job market, as accountants are employed in all areas of business, industry, government, law and education. There are two main career paths for accountants: public and private.

    Public Accountants work for public accounting firms or are sole practitioners and are generally licensed Certified Public Accountants (CPA). They perform a broad range of accounting, auditing, tax and consulting services for a wide variety of clients including corporations, government entities, non-profit organizations and individuals.

    Public Accountants work for public accounting firms or are sole practitioners and are generally licensed Certified Public Accountants (CPA). They perform a broad range of accounting, auditing, tax and consulting services for a wide variety of clients including corporations, government entities, non-profit organizations and individuals.

  • Why Study at LSSU

    Small Class Size

    The typical class size of LSSU accounting courses is 10-20 students, allowing a personal learning experience with full-time faculty members.

    Experiential Learning

    LSSU accounting professors bring their public and private accounting experience into the classroom and focus on practical application. For example, accounting students have the opportunity to prepare income tax returns for community members through the IRS sponsored Volunteer Income Tax Assistance program. LSSU accounting professors also work with students and employers to provide internship opportunities, many of which lead to full-time employment upon graduation.

    Rigorous Curriculum

    The Bachelor of Science program has a comprehensive curriculum that includes the following required accounting courses:

    • ACTG132 – Principles of Accounting I
    • ACTG133 – Principles of Accounting II
    • ACTG232 – Intermediate Accounting I
    • ACTG233 – Intermediate Accounting II
    • ACTG332 – Cost Accounting I
    • ACTG333 – Cost Accounting II
    • ACTG334 – Accounting Information Systems
    • ACTG421 – Federal Taxation Accounting I
    • ACTG422 – Federal Taxation Accounting II
    • ACTG427 – Auditing
    • ACTG432 – Advanced Accounting I Consolidations
    • ACTG433 – Advanced Accounting II Governmental

    Accreditation

    LSSU’s Bachelor of Science in Accounting degree is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

    The Lukenda School of Business at Lake Superior State University has been granted initial accreditation from the Accreditation Council for Business Schools and Programs (ACBSP), a leading accreditation association in business education. Continue Reading...

    Professional Organizations

    LSSU accounting students have the opportunity to participate in various student organizations that allow them to further explore the business world including the Accounting Club and Enactus.

    Job Placement

    LSSU accounting students get rewarding jobs in their field. Employers who have hired our recent graduates include:

    • Anderson, Tackman and Company
    • Central Savings Bank
    • Plante Moran
    • Precision Edge Surgical Products
    • Rehmann

    According to the Bureau of Labor Statistics, employment of accountants and auditors is projected to grow 13% from 2012 to 2022.

    According to the National Association of Colleges and Employers, the 2014 average starting salary of accounting majors is $52,900.

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