UMD: A Globally Connected University
UMD-Winter: Europe and the US: Accounting's Future, Present, and Past (BMGT)
This course will explore current topical themes in accounting in the United States and abroad as well as look at historic foundations of accounting that brought us to this point. A large part of the course would include visits to sites that are significant to the development of the accounting profession and offices of accounting thought leaders. The course will explore histories behind the institutions and the how to research accounting and auditing pronouncements and publications developed by these same institutions. Students will gain experience working with professional accounting and auditing research databases as well as other databases that are useful for accounting and auditing research. The course is structured in anticipation of meeting the New York State accounting research requirement for the CPA Exam. This course will count as an accounting elective for degree requirements for students majoring in accounting.
"In addition to the educational benefits, I view this course as an employment vehicle - with all of our New York and DC large accounting firm recruiters being made aware of the participants and at times interacting with them. The organizations and persons we will meet with, affect virtually every professional accountant in the US and most accountants overseas and affect almost all large multinational corporations. The organizations they will visit will be integral to their lives as professional accountants and will only increase in importance to them as they progress through their careers. Students will be able to compare the professional and educational careers of professional accountants in the US, UK, Belgium, and the Netherlands." - Jim McKinney, Course Leader
For more detailed information regarding the winter 2018 course, please see the course website.
You must be in good academic and judicial standing and you must not have any registration blocks to participate in this program. The minimum GPA for this program is listed above.
UMD freshmen through seniors are welcome to apply. Applicants must have satisfactorily completed BMGT 220 (Principles of Accounting I) prior to start of the course.
If you are interested in this program but do not meet the eligibility requirements, reach out to the program director (listed in the Contacts tab) to discuss your interest in the program.
After you commit to the program, Education Abroad will enroll you in the following three (3) credit UMD course:
- BMGT428D: Accounting's Future, Present, and Past
The credit you earn during this program will count as resident credit.
This course counts as an accounting elective for students earning a degree in Accounting.
You will stay in shared accommodations in hotels.
Costs for winter 2019 will be updated shortly.
|Billable costs are charged to your student account. They are due based on the Office of Student Financial Services and Cashiering payment schedule. Be sure to check your statements when they are available.|
|Education Abroad Fee||$500|
|This fee is charged to your account when the application status changes from "Accepted" to "Committed." This fee includes Education Abroad services including registration, billing, advising, risk management, and pre-departure orientation.|
|International Health Insurance||TBD|
|This fee is charged to your UMD account upon course registration. This fee includes: Tuition, in-country transportation, course related activities, group meals, and teaching services.|
|This fee represents the housing provided during the program.|
|TOTAL PROGRAM FEE||TBD|
|Roundtrip Airfare (estimate)||TBD|
|Optional Activities/incidental expenses||TBD|
|Optional trip cancelation/interruption Insurance (estimate)||TBD|
|TOTAL ESTIMATED COST OF ATTENDANCE:||TBD|
NOTE: If you are a non-UMD graduate student, you will need to pay a $75 application fee to the UMD graduate school to participate in this program.
Please refer to the following resources for more information on funding study abroad
PLEASE NOTE: All University of Maryland study abroad programs are financially self-supporting and, therefore, subject to cancelation due to low enrollment.
For course, itinerary or in-country information, please contact the Course Leader, Professor James McKinney.
For general questions or assistance with applying, contact Smith's Undergraduate Program Manager, Greg Rafal.
As a part of this program, you will engage in the following anticipated accounting related site visits:
- US Headquarters of Deloitte (Global HQ), EY, KPMG, and PwC)
- New York Offices or other Accounting Firm: Anchin, Grant Thornton
- American Institute of Certified Public Accountants (AICPA - top CPA organization, US non-issuer auditing standard setter, prepare and run CPA exam, publish top accounting publication)
- Financial Accounting Foundation (FAF) and Financial Accounting Standards Board (FASB-US accounting standard setter)
- International Auditing and Assurance Standards Board and International Federation of Accountants (IAASB - International auditing standard setter)
- ...and much more!