Fisher School of Accounting

• Contact Information
• Overview
• Academic Policies
• Degree Requirements
• Majors
• Minors
• Certificates
• ALCs

Academic Policies

The information provided in this catalog is necessarily brief. In addition to the information herein, students are responsible for compliance with the policies and procedures described in the Fisher School of Accounting Student Handbook (refer to bottom of page).

Admission Requirements

Submitting an Undergraduate Application

UF students who have selected accounting as their major upon entering the university will automatically be classified as accounting students. This classification will remain as long as the student meets critical-tracking requirements. Other UF students who want to change their major to accounting apply at the Fisher School office. Transfer students apply through the university’s Office of Admissions.

Junior Applicant Pool

​The Fisher School of Accounting is a limited access program; it uses an applicant pool to select candidates for admission to its Bachelor of Science in Accounting program—BSAc. All applications that meet the minimum standards are placed into a pool from which the most qualified are selected for admission each term.

Due to limited capacity, it is unlikely that all candidates who meet the minimum standards for inclusion into the applicant pool will be admitted. Historically, a 3.5 overall and a 3.5 preprofessional, or higher, grade point average are required to be a competitive candidate for admission, but the actual admission profile varies annually. It is critical to note that admission decisions are not based exclusively on grades. Serious candidates are encouraged to complete additional coursework in mathematics such as Calculus 2 (MAC 2234 or MAC 2312).  

Business programs are also offered on UF Online and by other UF colleges.

Minimum Standards for Inclusion in the Undergraduate Applicant Pool

• Completion of, or in the process of completing, at least 60 semester credits of coursework from an accredited institution.
• Applicants from Florida state colleges are required to complete their Associate of Arts degree before enrollment in the Fisher School of Accounting. Florida community (State) college Associate in Arts graduates and candidates from Florida Public Universities who have successfully completed 60 semester credits of coursework, including the 36-credit general education requirement, shall receive priority for admission to limited access programs over out-of-state applicants and transfer students from Florida private institutions.
• A 3.0 cumulative GPA calculated on all attempts of all college-level coursework.
  • Courses deemed vocational are not factored into the GPA computation.
  • If an applicant has attended UF and another institution, the GPA calculation will be based only on the UF coursework.
  • When an applicant is repeating a course after having earned a minimum grade of C, the repeat grade will not be averaged into the GPA computation (unless the repeated grade is lower than the initial grade).
  • Grade forgiveness is not considered when computing the cumulative GPA.
• Official Grades for all Preprofessional Coursework.
  • Applicants should have official grades for all coursework completed at the time of the application, but if official grades for ALL preprofessional coursework described herein has not been provided by the applicable credentials deadline for the term the applicant is seeking admission, then the application will be deemed incomplete and denied without further notification from our office.
• Completion of seven preprofessional courses (identified below) with a 3.0 GPA.
  • ACG 2021 Introduction to Financial Accounting or equivalent
  • ACG 2071 Introduction to Managerial Accounting or equivalent
  • CGS 2531 Problem Solving Using Computer Software or equivalent (or ISM 3013)
  • ECO 2013 Principles of Macroeconomics or equivalent
  • ECO 2023 Principles of Microeconomics or equivalent
  • MAC 2233 Survey of Calculus 1 or equivalent
  • STA 2023 Introduction to Statistics 1 or equivalent
• CLEP credit is not acceptable to replace preprofessional coursework.
• Grade forgiveness is not considered when computing the preprofessional GPA.
• When an applicant is repeating a course after having earned a minimum grade of C, the repeat grade will not be averaged into the preprofessional GPA computation (unless the repeated grade is lower than the initial grade). However, when ACG 2021 or ACG 2071 is repeated after earning a C, C+, or B-, only the second attempt is computed in the preprofessional GPA.
• When the applicant completes two or more different courses (and each course fulfills the same preprofessional requirement), the course used to compute the preprofessional GPA shall only include the first course completed. For example, if an applicant completes MAC 2311 with a C, S or P grade and then later completes MAC 2233 receiving an A grade, only the grade earned in MAC 2311 will be used to compute the applicant’s preprofessional GPA.
• ACG 2021 Introduction to Financial Accounting, or equivalent, must be completed with a grade of B.
  • Applicants are permitted a maximum of two attempts (including drops and withdrawals) to earn the minimum B grade required in ACG 2021.
  • If a series of courses is taken, which upon completion is equivalent to ACG 2021, then a minimum grade of B must be achieved in each course.
• ACG 2071 Introduction to Managerial Accounting, or equivalent, must be completed with a grade of B.
  • Applicants are permitted a maximum of two attempts (including drops and withdrawals) to earn the minimum B grade required in ACG 2071.
• MAC 2233 Survey of Calculus 1, or equivalent.

Admission Policies

Admission decisions use a holistic evaluation method which consider attributes such as, but not limited to: pattern of repeated coursework, drops, withdrawals, general education deficiencies, and the rigor of electives coursework completed and the academic reputation of the program attended (its accreditation and affiliation with the Florida SUS system).

For students who are not offered admission to the BSAc, the State University System (SUS) website provides links to other accounting programs within the SUS. For details visit: http://www.flbog.edu/aboutsus/universities/

Admission to the university does not guarantee admission to the Fisher School. Admission to the Fisher School does not constitute admission to the 3/2 program. This requires a separate application to the graduate school.

Admission requirements for the Fisher School are subject to change. Please check the Fisher School office (210 Gerson Hall) for the current standards.

Courses taken at other Institutions before Admission to the University

Professional coursework that is required as part of the third, fourth or fifth year should be taken only at the University of Florida.

Students transferring from four-year colleges and universities who have previously completed professional coursework must submit substitution forms to establish equivalency.

A maximum of one 3000/4000-level approved business core course may count toward the student’s undergraduate degree. The student will be required to take another course in the area waived. Completion of more than one professional course prior to admission will negatively affect prospects for transfer admission.

Accounting coursework taken elsewhere cannot be substituted for the accounting courses required for the BSAc degree.

Courses taken at other Institutions after Admission to the University

After being admitted to the Fisher School of Accounting, a student may not take any preprofessional, accounting or business core coursework required as part of the Bachelor of Science in Accounting degree at any other institution.

Elective and general education courses may be taken outside the university only if:

• The student will have more than 30 credits left to graduate from the Fisher School upon completion of such courses.
• The student must complete courses at a state university to complete the 9 credit summer requirement.
• The student obtains the advance approval of the associate director.

Distance Learning Courses

Web-based courses offered in the university schedule of courses may be taken. However, distance learning or flexible learning courses offered by the Division of Continuing education are not permitted.

Performance Policies

Satisfactory-Unsatisfactory Grade Option

An undergraduate student may request the S-U option for elective courses only. Courses taken to satisfy general education, degree requirements, or preparatory coursework for the program cannot be taken S-U.

Unsatisfactory Performance

Students who do not make satisfactory academic progress will be dropped from the accounting program. In addition to university regulations concerning unsatisfactory performance, the school will exclude students from further registration for the following reasons:

Freshmen and Sophomores
The student does not comply with the minimum critical-tracking requirements:

• Has not earned a B grade in ACG 2021 after two attempts (including drop or withdrawal)
• Has not earned a B grade in ACG 2071 after two attempts (including drop or withdrawal)
• Cumulative GPA fell below 3.0 and remained there after one subsequent term of enrollment
• Cumulative GPA on all attempts of preprofessional coursework fell below the minimum 3.0 required and remained there after one subsequent term of enrollment
• Withdrawn from the university three times while classified as an AC student

Juniors and Seniors
Junior and senior students must comply with the following items or they will be denied further registration in accounting courses:

• Accounting GPA, calculated on all attempts of required accounting courses numbered 3000 and above, fell below 2.0 and remained there after one term of enrollment
• Cumulative GPA fell below 2.0 and remained there after one subsequent term of enrollment
• Withdrawn from the university three times after admission to the Fisher School of Accounting
• Failed to complete a required 3000/4000-level accounting course for two consecutive semesters of enrollment
• The student earns two grades below C in accounting courses numbered above 3000
• The following rules apply to the definition of a term with regard to the policies above:
  1. Any term for which a student registers for courses at the university counts as a term of enrollment, even if the student subsequently withdraws from the term (after drop/add).
  2. Summer registration is viewed as registration for one term (e.g., whether a student registers for Summer A alone or a combination of Summer A, B or C, the student is considered registered for one term).

Undergraduate Drop Policies

During a student’s first 60 credits completed at UF, a total of two drops are permitted. Two additional drops are provided for the student’s second 60 credits. Unused drops from the student’s first 60 credits are not available to use during the second 60 credits. Withdrawal in any term (fall, spring or summer) is counted as one drop for the purpose of applying the two-drop policy.

The associate director, as advised by the Petitions Committee, must act upon all other drop requests. The committee is very strict when considering such requests and will not approve drops for reasons that are not clearly beyond the student’s control.

This policy applies to drop requests made after drop/add and before the period governed by the Faculty Senate Committee on Student Petitions.

Dean’s List