About

Every significant transaction in today’s world requires assessing employment of money and materials. Accountants suggest the best way to manage resources or monitor and report on an organization’s financial well being. Career possibilities include accountant, auditor, controller, consultant, tax advisor or systems expert.

Our Mission is to

  • Serve our students, the accounting profession, academia, and other stakeholders through nationally recognized leadership in all aspects of scholarship, with an emphasis on discipline-based research
  • Provide meaningful learning experiences that engage the highest quality faculty and students who will be entering the accounting profession or the accounting academy
  • Provide leadership and service to the academic community and policy-making bodies

Explore Study Abroad

Studying abroad is an excellent way to gain international experience that enhances your business education. With careful planning, it is even possible to study abroad for a semester and pursue the Integrated Master’s of Accountancy (IMAcc) program. Many students also consider a summer program or a short program embedded in a course. Students are encouraged to visit the Study Abroad section to learn more about study abroad opportunities and to meet with their academic advisor to discuss course planning. Pending annual review, accounting majors who study abroad through International Programs in the Wisconsin School of Business will be eligible to receive the Ralph and Elizabeth Ebbott Study Abroad Scholarship. While the amount of the award varies from year to year, past awards have ranged from $500 to $2000.

Current Student Resources

Download the PWC FASB update slides.

 Course Requirements

Students must be admitted to the Wisconsin School of Business to complete a major in Accounting.

The curriculum requirements for the Accounting major can be found on Guide.

Faculty

Learn more about the Accounting Department

Careers

Accounting is the development and use of a system for recording and analyzing the financial transactions and financial status of an organization.  Accountants are responsible for the record-keeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets, liabilities, and operating results of a business.

Advising

Meet the academic and career advisors for Accounting.
Ariel Sorenson
Ariel Sorenson
Academic Advisor
Jamie Mickelson
Jamie Mickelson
Accounting, AcSci, RMI

Please visit the Contact Advisors and Staff page for information on advising and appointments.

Students may direct questions about the IMAcc program to Kristen Fuhremann, the director of the program, or their academic or career advisor.

CPA

The state of Wisconsin and most other states have passed legislation mandating that candidates sitting for the CPA exam must have completed a 150-credit-hour program including at least the equivalent of an undergraduate major in accounting. Three advanced degree options for completing these requirements exist at the University of Wisconsin-Madison. They are:

  1. The IMAcc (Integrated Master’s of Accountancy) program, which leads to a BBA (Bachelor of Business Administration) with an accounting major and a Master of Accountancy degree. The BBA is 120 credits and the MAcc is 30 credits in this program. Students who are majoring in accounting apply for admission to this program during the spring semester of their junior year. Those who are admitted to the IMAcc program must complete a required internship during the spring semester of their senior year. Students are encouraged to take the GMAT exam during the first semester of their senior year.
  2. The BBA degree with an accounting major and an MBA (Master of Business Administration) degree. The BBA degree is 120 credits and the MBA is a minimum of 36 credits resulting in a total of 156 credits. There is no accounting specialization track in the MBA, so graduate students must major in another area of business.
  3. Any undergraduate degree with a MAcc degree. The graduate-only master's of accountancy degree program (GMAcc) does not require an undergraduate major in accounting or in business. There are 56 credits in this program, completed over two years. Students admitted to this program are required to complete an internship during the summer between the first and second years. The GMAT exam is required for admission.

Students can also satisfy the 150 credit hour requirement by completing the BBA degree with a major in accounting and 30 additional college credits in any area, including a second undergraduate major. Please consult the Department of Accounting and Information Systems or your academic or career advisor for additional information.