The overall goal of this course is to provide students with an introduction to the theory and procedures underlying financial accounting and reporting. The fundamentals of financial statement analysis will be introduced in an effort to emphasize what the numbers in these financial statements mean and why they matter. Areas of emphasis include the preparation of and theoretical foundation for the financial statements (i.e., the income statement, the balance sheet, the statement of retained earnings, and the statement of cash flows), the accounting process, and the measurement and reporting of cash, receivables, inventory, property, plant, and equipment, intangible assets, short- and long-term liabilities, and stockholders’ equity.

Barcelona, Spain

This program allows Wake Forest students to study in one of Europe’s most vibrant cities while completing a required course for admission into the School of Business. Students will engage in classroom learning, cultural immersion, and co-curricular activities that bring accounting concepts to life in a global context.

Norma Montague
Associate Professor of Accounting
Telephone: (336) 758 4302
E-mail: montagnr@wfu.edu

Double-Occupancy shared apartments

Some anticipated excursions/field trips are as follows:

• Montserrat Monastery
• Gaudi & Modernisme Barcelona
• Seaside town of Sitges

• Good academic standing

The total cost of summer study abroad can be broken down into four categories:

• Program Fee – Usually covers room, in-country travel, excursions, some meals and other costs associated with the program.
• Tuition – Students on WFU summer programs pay WFU summer school tuition per credit hour. The 2025 summer rate was $950/per credit hour. 
• Airfare (estimated) – Varies per location. Students are responsible for their own airfare unless otherwise noted.
• Personal Expenses (estimated) – These will vary depending on the students’ spending habits, cost of living in the destination country, and the number of meals included in the program fee. This may also include visa fees, vaccinations, academic supplies/books and other miscellaneous daily expenses.

Billed by Wake Forest:
Program Fee (estimated) – TBD
Tuition (3hrs) – $2,850
                       +
Personal costs (will fluctuate per student spending and location):
Airfare – TBD (personal travel cost to Los Angeles (personal flight from originating destination to Los Angeles is not included in the program flight cost)
Personal Expenses (estimated) – TBD

Estimated total cost – TBD

Scholarships are available through the Center for Global Programs and Studies.  Scholarship deadline is February 1st. 

Passport Information
Students need to check their passport’s expiration date and ensure that it will be valid for at least 6 months after the program’s end date.

Students going on a summer program need to make sure their passport is valid through at least mid-February of the following year.

US passport holders who need to renew their passport should visit the U.S. Department of State’s passport website for information on this process.

Non-US passport holders who need to renew their passport should refer to their home country’s passport office.

Visa Information
If you are a US citizen, you most likely will not require a visa for your summer abroad program. If you do, details will be shared with you by GPS. Non-US passport holders should check with their host country’s embassy or consulate to find out if a visa is required for their program or not.

Norma Montague
Associate Professor of Accounting
Telephone: (336) 758 4302
E-mail: montagnr@wfu.edu

Amanda Batten 
Study Abroad Advisor
Center for Global Programs and Studies
(336) 758 3194
battena@wfu.edu