The role of accountants in organizations has changed in recent years. Accountants are no longer perceived narrowly as recorders of transactions and preparers of financial statements. Now, accountants are considered to be financial and business experts who work with management to achieve the strategic goals of the organization. This new role requires that accounting personnel have a broad understanding of business processes and operations.
A collateral in logistics and transportation provides students with a basis for interacting effectively with others in a business operation. The collateral complements the accounting courses by providing the opportunity to study the analytical tools and models used in the logistics and transportation area. Accountants who have an understanding of these tools can help businesses solve supply chain issues and become more efficient. The courses required for the collateral are part of the logistics and transportation program that is regarded as one of the most comprehensive and contemporary programs in the nation.
Students taking the logistics collateral are required to complete the following:
*In the spring of their third year, students normally
make the decision whether to enter the job market
upon graduation or apply to the Master of accountancy
(MAcc) program. Accounting 414 and 431 are both
prerequisites to the MAcc program; therefore, students
planning to enter the MAcc program should take
Accounting 414 or Accounting 431 (whichever was not
taken to satisfy the major requirement) instead of
Finance 455 in the finance collateral, instead of
Information Management 442 in the information
management collateral, instead of Management 471 in
the international business collateral, and instead of
Logistics 421 in the logistics collateral.