Accounting: The Language of Business Online
From Wall Street to Main Street, accounting shapes and informs all aspects of life. This accounting course introduces students to fundamental accounting concepts and processes in addition to the important roles that CPAs (certified public accountants) play with every type of organization, from the local flower shop to the multi-national pharmaceutical company. The framework for this innovative course consists of an overview of accounting concepts and techniques, financial statements, and case studies based on current events, such as proposed changes to U.S. tax law and European Union fines on Apple Computer. The course enables students to see how CPAs protect investors, influence public policy, analyze businesses, and advise companies, ranging from start-ups to Fortune 500 companies.
Students will engage in interactive exercises that address fundamental accounting techniques, financial statement interpretation, tax planning, and current tax policy issues. Through a mix of class discussions and recorded or digital presentations by accounting professionals, business leaders, or entrepreneurs, the course will also demonstrate the infinite opportunities that accounting majors have in public accounting, for-profit businesses, non-profit organizations, and academia.
During the first week, students learn about the accounting profession and explore the basics of financial and tax accounting through exercises, presentations, and cases. During week two, students continue their exposure to accountancy concepts and applications and examine the role of CPAs in non-profit organizations. In addition, students will hear from additional guests who discuss trade-offs in tax policy. The week concludes with electronic small group presentations regarding tax policy issues.
This course will be offered online from July 17 - 28, 2023. Students must be online for class sessions from 11:00am - 1:00pm and 3:30pm - 5:30pm (Eastern Standard Time), Monday-Friday. Students should also plan to manage their time to complete homework assignments and group work outside of the designated class times.
Financial Aid Opportunity
Through the generosity of the Klynveld Peat Marwick and Goerdeler grant, students admitted into the online Accounting course may be eligible to receive up to a full tuition scholarship. Learn more about this grant and how to apply for the grant here.
Jamie O'Brien is a "Double Domer" ('88, '93 J.D.), a Teaching Professor in the Accountancy Department at the Mendoza College of Business, a CPA and an Attorney. O'Brien has taught business law, accounting and tax courses for more than 25 years at Notre Dame.
Professor O'Brien advises accounting students on all aspects of the Accountancy Major, as well as the CPA examination. O'Brien began his career in public accounting, working for 3 years as a CPA before returning to academia to attend Notre Dame law school. As a CPA, O'Brien advised many small businesses concerning accounting, planning, tax, and transition matters. Professor O'Brien began teaching while in law school and has continued teaching for the past 28 years. As an attorney, O'Brien utilized his accounting background to advise business clients and structure transactions to benefit all parties involved.
Currently Professor O'Brien serves at the Assistant Chairman of the Accountancy Department at Notre Dame and works with young adults as they discern their path through the Mendoza College of Business and into the Accounting world.
MBA, Associate Teaching Professor of Accountancy
Janet O’Tousa has been teaching the introductory financial and managerial accounting courses in the Mendoza College of Business at the University of Notre Dame for 30 years.
She holds a BS in Biological Sciences from the University of California, Irvine, and worked as a research technician in an environmental science lab and in a medical genetics lab. She pursued an interest in business and taxes by working for the Internal Revenue Service as a Taxpayer Service Representative and as an Auditor.
Professor O’Tousa earned her MBA from the University of Notre Dame in 1988. Professor O’Tousa also serves as the Faculty Advisor for Beta Alpha Psi, the international accounting honorary society, facilitates an online non-degree Principles of Business course through Mendoza’s Executive Education program, and is a faculty mentor in the Taxpayer Assistance Program.