Minor in Financial Reporting
Enhance your financial education with a more thorough understanding of financial reports. This minor is a good choice for finance majors in particular because it offers a targeted education in financial statements and the reporting rules that govern them.
Financial analysts need a strong understanding of accounting standards and principles so they can:
- Evaluate the financial health and value of businesses using historical financial statements
- Help make decisions related to mergers and acquisitions
- Understand how financial statements are created and how they interact with other reports
- Use financial reporting data and adjust it to meet their needs
- Navigate the SEC’s (U.S. Securities and Exchange Commission) website and read SEC filings
Program Requirements
The financial reporting minor requires 18 credits. The minor is open to all students except accounting majors. You will not be allowed to dual count more than six credits of required courses from your major department with this minor. You must complete the following classes with C- or better: ECON 101 and one of (MATH 221, MATH 232 or MATH 241).
Required courses (12 credits)
ACCT 315 – Intermediate Accounting I
ACCT 316 – Intermediate Accounting II
ACCT 415 – Advanced Accounting
Electives (6 credits)
ACCT 313 – Taxation for Business and Investment Planning
ACCT 402 – Big Data Technologies
ACCT 413 – Income Tax Accounting
ACCT 414 – Advanced Federal Taxation
ACCT 420 – Theory of External Reporting and Applications
ACCT 444 – Financial Analysis using Big Data
Career Opportunities
A financial reporting minor can help you build a career as a financial analyst, investment advisor, or private equity or venture capital analyst.
Admissions Information
Learn more about undergraduate admissions requirements, deadlines, tuition and financial aid available to you.
AACSB Accredited
For over 50 years, most Lerner business and accounting programs have been accredited by AACSB.