Accounting

Overview

During the Accounting program of the Loyola Marymount University students learn the basic definitions, concepts and techniques of accounting, as well as the role accounting plays in society. Over 90 percent of our graduates are able to start their graduate studies or careers in accounting at entry-level professional positions.

Students majoring in accounting will be able to:

• Prepare and analyze financial statements

• Identify relevant authoritative guidance to apply appropriate professional judgments

• Integrate financial accounting reporting with managerial accounting methods to produce data for use in real-world business decisions

• Explain, apply and evaluate relevant topics related to federal income tax

• Explain and apply an ethical conceptual framework to address real-world ethical problems

Career Paths

From tax departments and manufacturing companies to Big 4 consulting and international firms, accounting majors from accredited accounting schools are always in demand. According to the U.S. Department of Labor’s Bureau of Labor Statistics, the job outlook for accountants and auditors is expected to increase 20 percent or more through 2018. Average salary for accountants and auditors in the U.S. was $63,550 in 2016. Students with a degree in accounting from LMU may elect and aspire to positions such as:

• Certified Public Accountant (CPA)

• Corporate Accountant

• Internal Auditor

• Financial Accountant

• Chief Financial Officer

• Controller

• Tax Planner

• Government Accountant

• Financial Analyst

• Compliance Officer

• Payroll Manager