The Culverhouse School of Accountancy

The Culverhouse School of Accountancy is one of the oldest and most respected accounting programs in the United States. Our majors work with the newest information systems technology and receive a broad liberal arts foundation and an intensive education in the business and accounting disciplines. They develop communications, problem-solving and interpersonal skills and master the knowledge and skills demanded by employers. Accountants provide vital functions by offering a wide array of business and accounting services to their clients. Our internship program enhances an accounting major’s chances of success. Graduates of the master programs should be well prepared to sit for professional examinations in accounting such as the CPA and CMA exam.

The School of Accountancy was established in July 1978 as an academic unit of the College of Commerce and Business Administration. The school was named in honor of Hugh F. Culverhouse, Sr. in February 1989. Culverhouse was an alumnus of The University of Alabama, a noted lawyer and businessman and a major supporter of the accountancy program. The Culverhouse School of Accountancy is a charter member of the Federation of Schools of Accountancy. The School holds accounting accreditation at both the undergraduate and graduate levels. In addition to the bachelor of science degree, the Culverhouse School of Accountancy offers two professional master’s degrees, the master of accountancy (MAcc) and the master of tax accounting (MTA), and a doctor of philosophy (PhD) degree with a concentration in accounting.

Accounting students also enjoy access to a special Spring Internship Program that matches them with some of the best firms in the world.

Accounting

The Culverhouse School of Accountancy offers a broad range of course specializations with a specific focus: teaching students to responsibly and intelligently manage financial accounts. Classes include public accounting, management accounting, auditing, taxation and nonprofit accounting. The program provides basic conceptual accounting and business knowledge as a foundation for career development. The Culverhouse School of Accountancy maintains superior academic credentials while delivering access to some of the most renowned scholarly resources of any American university. 

Third-year Requirement for Accounting Majors: 

No 300- or 400-level accounting courses may be transferred from another institution and applied to the degree requirements for accounting majors. These upper-level courses have unique components, and equivalent courses do not exist at other universities. A condition of enrollment in all undergraduate accounting courses other than AC 351 and AC 352 is admission to the Culverhouse School of Accountancy or permission of the Director.

 

Certain business skills are both universal and in high demand. A fluency in accounting empowers students with the knowledge to understand the way an organization works as well as how it maintains its ability to operate and grow. Accounting skills are necessary for any business owner or professional.

The Accounting specialization for non-majors offers students a way to learn accounting without the expectation of a career centered on it. This specialization is recommended for students who anticipate a need to manage the financial health and ethical standing of an organization, whether from a CEO's perspective or from various levels of business. Accountants work all across the world, but Culverhouse accountants are in demand.

***The Accounting for Non-Majors Specialization is a 9-hour specialization. AC 310 and AC 311 are required. Not open to General Business majors.

The Culverhouse School of Accountancy is one of the country's most prominent. This concentration is the reason. Professional accounting is designed for students who plan to attend  graduate school to earn a master’s degree in Accounting (MAcc or MTA) and/or sit for the CPA exam. Students pursuing professional accounting will understand the process by which a person or business accumulates, utilizes and maintains capital. This path is recommended for students with an interest in setting up or working for a firm.Furthermore, the major offers students an immersive, hands-on understanding of the pricing of securities in capital markets, the designing of incentive systems and measurements, and the best practices concerning issues such as executive compensation and fluency in derivative markets. 

***Professional Accounting is a 9-hour specialization. AC 456 and AC 471 are required.

The Culverhouse School of Accountancy offers three graduate programs, two at the masters level as well as a PhD program. The Master of Accountancy and Master of Tax Accounting programs both are highly rated programs that have high placement rates, place students nationally, and whose students have high CPA Exam pass rates. The Master of Accountancy program is designed to cover various aspects of accounting, including auditing and fraud, managerial accounting, financial accounting, and valuation. It is designed for people seeking entry level positions in auditing and corporate accounting. The Master of Tax Accounting program is designed to cover technical tax rules and develop students' research and communication skills. This program is for students seeking to start their careers in the tax department of an accounting firm or a corporation.

The PhD program in accounting is a four-year program that develops research skills using both archival and behavioral methods. Graduates are placed at top schools throughout the country, with recent placements including the University of Massachusetts and the University of Oklahoma. Our graduates are known for having both strong research and teaching skills.

December 15, 2017 for high school seniors (incoming freshmen) entering in Fall of 2018.

March 1, 2018 for continuing students and all new transfer students (including graduate students).

 

 

Scholarship applications are for scholarships for the following academic year (for example, the application due on March1st, 2018 (December 15, 2017 for incoming freshmen) is for scholarships for Fall and Spring of the 2018-19 academic year). That is, you submit your application in the semester prior to when you will receive them (note that scholarships available through the application are not awarded in the Summer).

 

Please apply! Everyone is eligible for scholarships so everyone should apply.

 

Our committee uses the campus-wide scholarship application for undergraduate scholarships for all currently-enrolled students. Once an application has been submitted, you will not be able to view it again. Please make sure to write down any information you need prior to submitting. Also, double check that you submitted it correctly; often, students think that they have completed the application but they have not properly submitted them. You can check with us if you would like our help in determining whether you properly submitted your application.

Currently enrolled students, who are seeking scholarship assistance, should log on toMyBama, click the Academics tab, then look in the center column for the Scholarships box.

For incoming Freshmen and Transfer students, please use the links below for scholarship details:

Entering freshmen applying for The University of Alabama Scholarships

Transfer students applying for available scholarships

If you are submitting your scholarship application for the Master of Accountancy (MAcc) or Master of Tax Accounting (MTA) program, please visit the respective program sites for the PDF scholarship application document.

MAcc Link

MTA Link

 

Assignment

Our scholarship committee meets shortly after the March 1st deadline to evaluate all of the undergraduate and graduate applications. Scholarships are then assigned based on a variety of factors.

Factors affecting your application include, but are not limited to:

· Accounting/Overall GPA

· Graduate School Test Scores (for graduate applications)

· Location of Permanent Residence

· Leadership Experience/Extracurricular Involvement

· First-Generation College Student status

· Diversity on Campus

· Financial need

· Other special circumstances

 

Note that you have the opportunity to provide additional details about financial need or other special circumstances on the application.

 

Acceptance

If you are awarded a departmental scholarship, the department will send a letter to your permanent address and a scanned copy of the letter to your student crimson email address. The letter will contain instructions on how to accept your award(s). Please submit all requested items to the Accounting department. We also recognize our scholarship recipients during our Honors Day festivities (always Friday morning during Honors Week). An invitation to you and your family for this event will also be extended in your scholarship letter.

 

Awarding

You must complete the Scholarship Acceptance Form and send a thank you note to your scholarship’s donor to receive the scholarship! Once we have received all of the acceptance paperwork, we will begin the process of applying scholarship money to your student account. We cannot award you your scholarship money until we receive all of the paperwork. If you are awarded a scholarship for the upcoming academic year, but will be graduating in December, you must notify our department so that we can apply the total scholarship to the upcoming Fall semester.

 

 

How are recipients notified?

The department sends a letter to the student’s permanent address and a scanned copy of the letter to the student’s crimson email address. The letter will also contain instructions on how to accept the award(s).

 

When will recipients be notified?

Recipients are notified during March and April of each year.

 

I don’t have the best grades, should I still apply?

Yes! Everyone should apply, as scholarships are awarded based on many factors.

 

What is the typical amount of an award?

Award amounts vary based on the scholarship in question. Typical awards range from $500 to $1500 per semester.

 

What should I include on my application?

Please be thorough when filling out your application. Set aside at least 30 minutes to complete it. List any achievements or interests that you believe help set you apart from the other applications. When in doubt, add more information, not less.

 

What constitutes as an extenuating circumstance?

These are personal circumstances that are outside of your control and have, or likely have had, a significant impact on your academic performance. These challenges could be physical, emotional, or financial. Whether you have overcome these situations or are still currently dealing with them, they are still noteworthy to your personal growth while in school.

For questions concerning scholarship, please contact the Accounting office at

(205) 348-6131

 

DEPARTMENT HEAD
Rich Houston205-348-8392
314 Alston Hall 
Box 870220
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DEPARTMENT OFFICE
Candace Peters205-348-6131
310 Alston Hall 
Box 870220
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