?Financial accounting includes providing financial reports that accurately reflect a company's economic circumstances to outside users, such as investors, banks and the government. In contrast, managerial accounting is concerned with developing financial information to be used internally by business managers as an aid in making effective decisions.

The accounting program at Aurora University is designed to prepare students for careers in business, the not-for-profit sector and government. Students may select courses emphasizing financial or managerial accounting depending upon their specific interests. Accounting majors often use their accounting education as part of their preparation for the Certified Public Accountant (CPA) or Certified Management Accountant (CMA) examination. Students will also have the opportunity to gain real-world experience through a strongly encouraged professional internship in the accounting field.