Accounting is a field that plays an essential role in the success of the business enterprise. There are two main branches of accounting: financial and managerial accounting. 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. They also benefit from the required internship in the accounting field.

This major is also offered as an Adult Degree Completion Program.