Accounting


If you enjoy digging into business transactions, the details of tax planning, or analyzing financial statements, our Accounting program fits your goals, determination and ethics.

Our graduates work at Caterpillar, Deere & Company, Deloitte, RSM Global, HNI Corporation, and many others.


Click here to apply for an accounting scholarship! Or, scroll down for more information.


Ambrose Advantages

  • Intern At Fortune 500 Firms
  • Experienced, Encouraging Professors
  • Explore a Greater Sense of Purpose

students studying

beehive exterior

Allison Ambrose in front of class

We are a mid-sized university with unlimited opportunities. You can intern, network, and learn from the leaders of Fortune 500 companies. Our faculty have created those relationships so you can, too. It's a unique edge that helps you stand out when seeking your first job or acceptance into graduate school.

Check Out the Accounting Program Fact Sheet (pdf)


students with professor

Business for the Greater Good

A focus on ethics

All SAU College of Business programs infuse ethics, service and social justice into the curriculum.

Read more about Business for the Greater Good


More Information on the Accounting Program

What will I learn?

As an accounting major, you will learn U.S. and international accounting standards and be able to plan, coordinate, and control the financial activities of businesses at a bottom-line level.

You'll dive into the business world and apply what you've learned during an internship your junior or senior year, or both. The Quad Cities is home to world-class accounting firms and companies including Deloitte, RSM, Modern Woodmen, and HNI (HON). In fact, Deere & Company has hosted SAU student interns. Some were even hired by the company and were placed in its elite career development program.

Your SAU degree is based in the Liberal Arts which can help you develop strong inquiry, communication, and writing skills - something employers highly value in our student interns and graduates.

What makes SAU's accounting program unique?

Our location is one of your biggest resources. The Quad Cities is home to world-class accounting and Fortune 500 firms. We've created deep relationships with companies like Deloitte, RSM, Modern Woodmen, HNI (HON) so you can pursue your goals with all you've got.

Give yourself an edge: intern. We've had students intern for Deere & Company's worldwide headquarters (which is 15 minutes from campus) and graduates, like Alex Denton, who have accepted a position in the corporation's elite career development program. You can intern in the spring, summer, or fall.

Amplify your skills while helping others. Each spring, you can take an Accounting seminar and provide free tax preparation to low-income residents through the Volunteer Income Tax Assistance (VITA) program. At SAU, you can express your generosity and care for the community in so many ways. Learn about your service learning and volunteer opportunities.

You can major in accounting and earn your master's degree in just five years, like Nathan Funke '15, '16 MAcc did. If you maintain a 3.0 undergraduate GPA, you automatically qualify for admission to our MAcc program. You will continue to enjoy small class sizes and learn from professors you know (and who know you, too). Nathan explains the strength of his Ambrosian education in this video.

What are some possible job outcomes?

Accountants can specialize in public accounting, perform tax audits, and conduct tax planning for CPA firms. You can work for corporations such as Deere & Company doing cost, financial, or international accounting or internal auditing. Working for local, state, or federal government entities also are options.

Some accountants use their expertise in nonprofit agencies such as United Way or Red Cross, or they work as a tax specialist, forensic accountant, controller, chief financial officer, financial planner, or international accountant.

We have the resources to prepare you for life after college. Our Career Center will help you create a résumé, write a cover letter, offer tips on how to have a successful interview, and more. If you are determined to go to grad school, the center can help you with the application and prepare you for the interview.

What have alumni of this program done?
  • After earning his undergraduate accounting degree in 2008, John Hammar stayed at SAU for a master's degree in accounting in 2009. He is now an audit manager at Deloitte in Cedar Rapids, Iowa.
  • Katie Zorn '15 was a rare triple-major in Accounting, International Business, and Theology. She works as a Cost Accountant for HNI in Cedartown, Georgia.
Faculty

Allison Ambrose, PhD, Professor

Michael Cipriano, PhD, Assoc. Professor
Janene Finley, PhD, Assoc. Professor

Degree Requirements

Bachelor of Arts Degree in Accounting (27 credits)

Required: 
ACCT 201 Financial Accounting
ACCT 202 Managerial Accounting
ACCT 300 Accounting Fundamentals and Professionalism
ACCT 301 Intermediate Accounting I
ACCT 302 Intermediate Accounting II
ACCT 305 Income Tax Procedures I
ACCT 307 Cost Accounting
ACCT 312 Accounting Information Systems
ACCT 415 Auditing

Accounting Electives (6 credits):
ACCT 314 Internal Auditing
ACCT 402 Accounting Seminar
ACCT 404 Volunteer Income Tax Assistance Program*
ACCT 406 Income Tax Procedures II
ACCT 410 Advanced Accounting
ACCT 414 Financial Statement Analysis and Valuation
ACCT 420 Seminar in Accounting Topics
ACCT 460 Internship for Credit*

Business Core Requirements (31 credits):
BUS 201 Legal Environment in Business
ECON 201 Principles of Macroeconomics
ECON 202 Principles of Microeconomics
FNCE 300 Principles of Finance
MKTG 209 Principles of Marketing
MGMT 210 Principles of Management
MGMT 449 Strategic Management and Policy
INTL 400 International Experiential Portfolio (1 credit)
STBE 137 Quantitative Reasoning in Business
STBE 237 Statistics for Business and Economics
PHIL 305 Business Ethics

*These classes (and EXPL 202) also count toward the experiential learning requirement for all BA ACCT majors

Accounting Minor

Choose 18 credit hours in ACCT courses, excluding ACCT 101

View Accounting courses in the online course search

Certificate in Advanced Accounting

The Certificate in Advanced Accounting is awarded to undergraduate students satisfy the credit requirements below, earn a 3.0 GPA, and have approval from the Accounting Department Chair.

By achieving the Certificate in Advanced Accounting, students satisfy 15 credit hours toward becoming a Certified Public Accountant (CPA).

Required

MAC 601 Advanced Financial Accounting Theory
MAC 603 Advanced Managerial Accounting Theory

Choose three courses from the following:

MAC 602 Accounting Issues Seminar
MAC 604 VITA Seminar
MAC 606 Advanced Tax Topics
MAC 607 Research / Cases in Taxation
MAC 614 Financial Statement Analysis and Valuation
MAC 615 Advanced Auditing
MAC 610 Advanced Financial Accounting
MAC 617 Law for Accountants
MAC 618 International Accounting
MAC 622 Forensic Accounting

Accounting Scholarships

Our accounting majors are eligible for several special scholarships and financial aid – more than $40,000 in scholarships are awarded each year. Students must re-apply every academic year.

Click here to apply for one of the Accounting Scholarships below:

  • Derrek Drexler Accounting Scholarship – available to full-time (at least 12 hours) accounting majors with at least a 3.0 GPA on a 4.0 scale. Preference given to graduates of Wahlert Catholic High School (or any Catholic high school); college juniors or seniors; and those involved in student activities and/or Wellness and Recreation.
  • Edward R. Frick Accounting Scholarship – available to full-time undergraduate and graduate accounting majors with at least a 3.25 GPA on a 4.0 scale. The scholarship is based on financial need with the preference that applicants be Hispanic and/or active in athletics and/or student activities.
  • Shapley Accounting Scholarship – for graduate and undergraduates.
  • George Till Scholarship – available to full-time students with at least a 3.5 GPA on a 4.0 scale. The Scholarship is based on financial need, academic ability, and varies from $500 to $4,000 per year.
  • Van de Voorde Accounting Scholarship – available to accounting majors who have financial need.
  • Wahl Accounting Scholarship – available to undergraduate accounting majors who have a GPA of 3.0 on a 4.0 scale.

There are also jobs and work study opportunities throughout campus. Work study will be indicated on your financial aid award letter, and you can apply for campus jobs through the Career Center. Keep in mind that 98% of First-year students receive financial aid from St. Ambrose!

Questions?
Check with Financial Aid

Scholarships and Grants

First-Year

St. Ambrose offers excellent scholarships and grants, work-study and other financial aid options! Full-time students may be eligible based upon your strong academic performance in college, your talent in fine arts or athletics or your demonstrated financial need as determined by the Free Application for Federal Student Aid (FAFSA). The SAU school code for the FAFSA is 001889.

First-Year Scholarships and Institutional Aid 2022-2023

There is no need to apply for the scholarships or grants below; students automatically are eligible if they meet specific criteria. The Admissions Office calculates the award amount by using unweighted high school GPA and ACT/SAT scores. Please note, while St. Ambrose University has a test-optional admissions policy, standardized test scores are required for both admission to specific programs and/or eligibility for top academic scholarships. Scholarships and grants are renewable for four years of undergraduate study. 

Your scholarship will automatically renew each year of your undergraduate studies - up to four years - as long as you maintain satisfactory progress toward an undergraduate degree, achieve certain GPA requirements (see below), and remain a full-time student. 

Download helpful PDFs of this information here: First-Year Iowa Resident or First-Year Out of State Resident


IOWA RESIDENTS LIVING ON CAMPUS

Iowa Resident On Campus Merit-Based Scholarships

Trustee Scholar
Criteria: unweighted 3.9 GPA and minimum 29 ACT or 1340 SAT score. Must maintain 3.25 cumulative GPA in successive years.
Award: $25,000/year and invited to compete for an Ambrose Scholar full-tuition award

Academic Scholarships
Criteria: based on unweighted GPA and ACT/SAT score (optional)
Award: $15,000-$21,000/year

University Grant
Criteria: based on unweighted GPA and ACT/SAT score (optional)
Award: $13,000/year

Iowa Resident On Campus Additional Institutional Aid

Ambrose Advantage
Criteria: Iowa resident, Federal Pell Grant eligible, 2022 high school graduate, min. unweighted GPA 2.5, admitted to SAU, and FAFSA filed by Mar. 15. To remain eligible in subsequent years, students must maintain 2.5 GPA and qualify for the Federal Pell Grant.
Award: Full tuition

Athletic Scholarships
Criteria: performance and ability
Award: varies

Fine Arts Scholarships
Criteria: performance and ability in music, art and theatre
Award: varies

Fr. Welch Alumni Scholarships
Criteria: parent is a St. Ambrose graduate
Award: $1,000/year

Minority Scholarship
Criteria: ethnically diverse student, FAFSA required
Award: $500-$1,000/year

Catholic Traditions Scholarship
Criteria: graduate from Catholic high school
Award: $2,000/year

Menke Parish Scholarship
Criteria: Diocese of Davenport parishioner, additional application required
Award: $1,000/year



IOWA RESIDENTS LIVING OFF CAMPUS

Iowa Resident Off Campus Merit-Based Scholarships

Academic Scholarships
Criteria: based on unweighted GPA and ACT/SAT score (optional)
Award: $13,000-$16,000/year

University Grants
Criteria: based on unweighted GPA and ACT/SAT score
Award: $11,000/year

Iowa Resident Off Campus Additional Institutional Scholarships

Ambrose Advantage
Criteria: Iowa resident, Federal Pell Grant eligible, 2022 high school graduate, min. unweighted GPA 2.5, admitted to SAU, and FAFSA filed by Mar. 15. To remain eligible in subsequent years, students must maintain 2.5 GPA and qualify for the Federal Pell Grant.
Award: Full tuition

Athletic Scholarships
Criteria: performance and ability
Award: varies

Fine Arts Scholarships
Criteria: performance and ability in music, art and theatre
Award: varies

Fr. Welch Alumni Scholarships
Criteria: parent is a St. Ambrose graduate
Award: $500/year

Minority Scholarship
Criteria: ethnically diverse student, FAFSA required
Award: $500-$1,000/year

Catholic Traditions Scholarship
Criteria: graduate from Catholic high school
Award: $2,000/year



OUT OF STATE RESIDENTS LIVING ON CAMPUS

Out of State On Campus Merit-Based Scholarships

Trustee Scholar
Criteria: unweighted 3.9 GPA and minimum 29 ACT or 1340 SAT score. Must maintain 3.25 cumulative GPA in successive years.
Award: $25,000/year and invited to compete for an Ambrose Scholar full-tuition award

Academic Scholarships
Criteria: based on unweighted GPA and ACT/SAT score (optional)
Award: $17,000-$23,000/year

University Grant
Criteria: based on unweighted GPA and ACT/SAT score (optional)
Award: $13,000/year

Out of State On Campus Additional Institutional Aid

Athletic Scholarships
Critieria: performance and ability
Award: varies

Fine Arts Scholarships
Critieria: performance and ability in music, art and theatre
Award: varies

Fr. Welch Alumni Scholarships
Criteria: parent is a St. Ambrose graduate
Award: $1,000/year

Minority Scholarship
Criteria: ethnically diverse student, FAFSA required
Award: $500-$1,000/year

Catholic Traditions Scholarship
Criteria: graduate from Catholic high school
Award: $2,000/year

Menke Parish Scholarship
Criteria: Diocese of Davenport parishioner, additional application required
Award: $1,000/year



OUT OF STATE RESIDENTS LIVING OFF CAMPUS

Out of State Off Campus Merit-Based Scholarships

Academic Scholarships
Criteria: based on unweighted GPA and ACT/SAT score (optional)
Award: $14,000-$17,000/year

University Grants
Criteria: based on unweighted GPA and ACT/SAT score
Award: $11,000/year

Out of State Off Campus Additional Institutional Scholarships

Athletic Scholarships
Criteria: performance and ability
Award: varies

Fine Arts Scholarships
Criteria: performance and ability in music, art and theatre
Award: varies

Fr. Welch Alumni Scholarships
Criteria: parent is a St. Ambrose graduate
Award: $500/year

Minority Scholarship
Criteria: ethnically diverse student, FAFSA required
Award: $500/year

Catholic Traditions Scholarship
Criteria: graduate from Catholic high school
Award: $2,000/year

State and Federal Grants, Work Study

Grants are money that you don't repay, and they can come from government or private sources. SAU receives all financial aid funds directly - including loans and grants - then applies them to your account: once in the fall term and once in the spring term. Grants can be used to cover your tuition, books, and housing costs. You must apply for grants each academic year. If you have any loan funds in excess of your costs, you may receive a refund. If you are a first-time borrower, there is a 30-day hold on your first disbursement. For all of these grants, you must complete the Free Application Free Application for Federal Student Aid (FAFSA) as soon as possible after October 1.


Iowa Tuition Grant
To be eligible for the Iowa Tuition Grant, you must be a resident of Iowa as defined by the State Board of Regents and currently enrolled or planning to enroll in an undergraduate degree program at an eligible Iowa college or university (SAU is eligible). Iowa College Aid administers need-based college financial aid for Iowans, such as the Iowa Tuition Grant. FAFSA deadline is July 1.
Award: $6,800

Federal Pell Grant
Awarded to students of the highest need based on how much your family can contribute to your education. The U.S. Department of Education sets a Expected Family Contribution (EFC) threshold. Then, when you file your Free Application for Federal Student Aid (FAFSA), it computes where you land within that threshold and determines if you qualify for the grant and for how much.
Award: $6,345 maximum

Federal Supplemental Education Opportunity Grant (FSEOG)
To qualify, you must file a FAFSA by the priority deadline of March 15 and you must qualify for a Pell Grant. This grant is awarded on a first-come, first-served basis to students who have submitted all required documents for review and in time for the review to be complete. If you are eligible for a Pell Grant or SEOG, the awards will appear on your financial aid award letter. Award: $400 maximum

Federal Work Study
Criteria: based on financial need. File FAFSA as soon as possible after Oct. 1.
Award: $1,850

Federal Teacher Education Assistance for College and Higher Education (TEACH) Grant 
Provides aid to students intending to teach in a high-need field at a school that serves low-income families (as determined by the U.S. Department of Education or a state education agency). Review criteria and all details here.
Award: up to $4,000

Outside Scholarships

There are many opportunities to receive scholarships from outside sources, here are a few websites to begin researching your options:

Another tip: Next time you're on campus, check out the bulletin board outside Bee Central where we post more flyers and applications for outside scholarships.


Nathan Funke '15, '16 MAcc


By his junior year, Nathan was aware of the formidable reputation of global furniture manufacturer HNI Corp. Curious and confident, he attended a SAU career fair and introduced himself. It led to a first, then second, internship with the company, and now, is home to his professional career. Nathan is a sales operations analyst for HON Finance Division, HNI Corporation.

Read Nathan's Story

Katie Zorn

Bachelor of Arts in Accounting, International Business, and Theology,Cost Accountant at HNI Corporation in Cedartown, Georgia,Class of 2015


When Katie talks about her Ambrosian experience she describes a community that values academics, professionalism, spiritual life, and personal growth. With us, you will get an education rooted in the liberal arts and Catholic Intellectual Tradition, and so many opportunities to discover your path in life.

See My Story

Apply Visit Info

Contact


Maritza Espina, Chair

Accounting Department
Ambrose Hall
518 W. Locust St.
Davenport, IA 52803
563-333-6269
EspinaMaritza@sau.edu

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