Accounting is principally concerned with the generation and use of information to aid managers in making financial decisions. It has been referred to as, "The language of business."
Accounting courses are divided into three primary areas:
- Financial accounting pertains to information provided to external users of corporate financial statements. It is important in investment banking, investor relations, mergers and acquisitions, and other finance-related careers.
- Management accounting emphasizes information used within a firm for budgeting, performance evaluation, product pricing and cost control. It is useful for those pursuing careers in marketing, operations management and consulting.
- Taxation considers the role of taxes in management decisions and is important for those interested in entrepreneurship, consulting and all finance-related careers.
To locate faculty with expertise in specific topics see the Faculty Expertise Guide.