Accounting Minor

Catalog Year




Total Credits




Career Cluster


Program Requirements


The accounting process, financial statement preparation, and analysis. Includes the accounting cycle, asset, liability, and equity accounting. Emphasis on the use of accounting data.

Prerequisites: MATH 112 or MATH 115or MATH 121 or MATH 130 or MATH 181

Preparation and analysis of cost-based management reports: use of cost information to make short-term operating decisions and long-term capital decisions.

Prerequisites: ACCT 200

An in-depth analysis of financial accounting concepts and procedures, and includes coverage of the income statement, balance sheet, time value of money, receivables and inventories.

Prerequisites: ACCT 200


Choose 9 Credit(s).

A continuation of Accounting 300. An in-depth analysis of long term liabilities, stockholders equity, leases, pensions, deferred taxes and the statement of cash flows.

Prerequisites: ACCT 300

Emphasizes product and service costing, including job order and process costing systems. Other related topics are budgeting, pricing, cost-volume-profit analysis, standards and variance analysis.

Prerequisites: ACCT 200, ACCT 210

A discussion of various accounting information systems. Topics include documentation, internal control, system design, knowledge structures, database design, software evaluation, systems applications and current developments.

Prerequisites: none

The course examines the principles and procedures relating to the determination and computation of federal income taxes for an individual. Federal estate tax, gift tax, and income taxation of estates and trusts are also examined.

Prerequisites: ACCT 200, ACCT 210

A study of accounting principles and concepts for mergers, acquisitions, consolidated statements, foreign currency translation, partnerships, and governmental/not for profit.

Prerequisites: ACCT 301

The course examines the principles and procedures relating to the determination and computation of federal income taxes for various business entities including sole proprietorships, corporations, partnerships and tax-exempt entities. The course also covers tax research procedures.

Prerequisites: ACCT 300, ACCT 330

An overview of the external audit process, the issues facing the auditing profession today, and assurance services. Includes detailed coverage of the AICPA Code of Conduct, audit planning, substantive testing, auditors' responsibilities for detecting fraud, and audit reports.

Prerequisites: ACCT 300



Students must be admitted to a major and must have a cumulative GPA of 2.5 or higher when starting to take upper-division (300/400) courses for the Accounting minor.

Students who are Business minors, Non-Business majors, or those not seeking a four-year degree may take up to 24 credits in the College of Business.

Graduation Requirements

Students pursuing the Accounting minor must earn a minimum cumulative GPA of 2.0 ("C") on the total courses required for the minor to meet graduation requirements.

Accounting minors must earn a grade of "C" (2.0) or better in required accounting and business law classes.

Transfer students pursuing a minor in the College of Business must complete at least 50% (one-half) of their minor coursework at Minnesota State Mankato.