An undergraduate certificate in accounting foundations will help you gain specialized knowledge and may also serve as a supplement to an associate or bachelor’s degree. The certificate will help you develop skills and knowledge for business transactions while also applying critical thinking skills for analysis of and reporting on the economic activities of an organization. Additionally, you will gain skills to manage your own finances.

About the Accounting Foundations Certificate

What You'll Learn

Through your coursework, you will learn how to

  • Analyze and record business transactions
  • Follow monetary amounts through business accounts
  • Prepare financial statements
  • Apply critical thinking skills to determine proper categorization of expenditures
  • Calculate interest paid on a loan payment

Coursework Examples

In past projects, students have had the opportunity to

  • Balance the accounts for a business
  • Analyze the profitability for a corporation
  • Evaluate the investment worthiness of a Fortune 500 corporation
  • Calculate the production requirements for a business to maintain a net profit
  • Compile a set of financial statements for a business

Accounting Foundations Certificate Requirements

Our curriculum is designed with input from employers, industry experts, and scholars. You'll learn theories combined with real-world applications and practical skills you can apply on the job right away.

Required Courses

Core Courses

  • ACCT 220
  • ACCT 221

Related Area Studies Courses

  • Any ACCT courses
  • BMGT 110
  • CMIS 102
  • ECON 201
  • ECON 203
  • Any FINC courses
  • IFSM 201
  • STAT 200

(Contact your academic advisor for additional approved courses)

Overall Certificate Requirements

  • You must be admitted as a UMGC student.
  • You must complete a total of 18 credits, including at least 9 credits with UMGC.
  • You must complete all required coursework with a minimum grade of C (2.0) in all courses. Certificate courses may not be taken as pass/fail.
  • At least half of the total credits you use for any certificate must be earned through graded coursework.
  • You may not use the same course toward completion of more than one certificate. In cases where the same course is required for two certificates, you must replace that course with an approved substitute for the second certificate.
  • No more than half of the total credits for any certificate may be earned through credit by examination, prior-learning portfolio credit, internship/Workplace Learning credit, or transfer credit from other schools.