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Master of Accountancy (MAcc)

Master of Accountancy (MAcc)

The Master of Accountancy (MAcc) is designed to meet the needs of students interested in a professional career in accounting. This program is unique in the sense that it recognizes the highly integrated relationship between the disciplines of accounting and information systems which has evolved in the recent past. Students completing this program will be well prepared to sit for the CPA exam and positioned for the fast track to leadership roles in either public accounting or corporate environments.

Program Goals
The modern profession of accounting requires professionals to assure and preserve the integrity of business processes which have become increasingly dependent on information systems. In order to effectively work in the modern accounting environment, we believe it is critical that professionals understand the design, implementation and use of these information systems. Our MAcc program insures that students will always be among the best prepared professionals.


Upon completion of the Master of Accountancy, students will be able to:

1. Demonstrate competence and skills in financial accounting, accounting information systems, federal income taxes, managerial and cost accounting, auditing and related business areas.

2. Articulate the global implications of divergent financial statements and accounting information systems.

3. Critically analyze financial reports, system methodologies, and the application of standards, rules, laws and principles.

4. Demonstrate the ability to communicate relevant financial information in written, formatted, and oral disclosures.

5. Demonstrate the ability to work effectively through collaboration, integration, and teamwork.

6. Demonstrate the highest degree of ethical awareness and integrity. 

7. Demonstrate the ability to design and implement and analyze secure information systems that provide effective management information to the organization. 
Program Requirements

The program requires 30 credits for those students who have completed a bachelor’s degree in Accounting, which typically includes a course in Accounting Information Systems. It is expected that these students will complete the program in one calendar year. Students with other academic preparation are also encouraged to apply, and complete additional credits of prerequisite course work. Admitted students will be officially informed which, if any, prerequisite classes are required at the time of admission.

Admission to the program is possible during Fall, Spring and Summer semesters. The typical expected credit load per semester is 12 credits in Fall, 12 Credits in Spring, and 6 credits in the Summer.   

 

Requirement Description
Credit Hours Prerequisites

I. Prerequisite Courses
(for students without a Bachelor’s Degree in Accounting)*

27

 

ACCT     213     Accounting Principles (4)—offered fall, spring, and summer

 

 

ACCT     350     Intermediate Accounting I (4)—offered fall and spring                                  

 

ACCT 213; ACCT 350 prior to ACCT 360

ACCT     360     Intermediate Accounting II (4)  

 

ACCT 213; ACCT 350

ACCT     454     Auditing (4)—offered fall and summer  

 

ACCT 360

ACCT     467     Accounting Information Systems (4)—offered fall and spring

 

ACCT 213, IRM 200

ACCT     474     Individual Income Taxes (4)—offered fall   

 

ACCT 213

ACCT     495     Advanced Accounting (3)   

 

ACCT 360

II. Required Courses

24

 

MACC    601     Internal Reporting and Business Control (2)

 

concurrent with MACC 602 (recommended but not required)

MACC    602     Information Technology in the Business Environment (2)

 

concurrent with MACC 601 (recommended but not required)

MACC    603     Financial Reporting and Control I (2)         

 

concurrent with MACC 604 (recommended but not required)

MACC    604     Financial Reporting and Control II (2)  

 

concurrent with MACC 603 (recommended but not required)

MACC    605     Accounting Ethics (2)      

 

 

MACC    606     Business Regulation (2)     

 

 

MACC    607     Taxation of Business Organizations (4)   

 

 

MACC    608     Auditing and Attestation I (2)  

 

concurrent with MACC 609

MACC    609     Auditing and Attestation II (2)     

 

concurrent with MACC 608

MACC    635     Executive Financial Decision Making (2)    

 

 

MACC   658      Communication and Interpersonal Skills (2)   

 

 

III. Elective Courses

6

 

Students must choose three of the following electives

 

 

MACC    562     Investments and Analysis (2)

 

 

MACC    624     Financing New Ventures (2)

 

 

MACC    631     Business Valuation (2)

 

 

MACC    632     Mergers and Acquisitions (2)

 

 

MACC    634     Business Plan Development (2)

 

MBA 620C, 625C, 645C

MBA     637E     Negotiations and Persuasion (2)—offered spring

 

 

MACC   640      Managing Processes (2)

 

 

TOTAL HOURS FOR THE MACC

30-57

 

*Students entering with a bachelor’s degree in Accounting from an AACSB or ACBSP accredited institution will not be required to take prerequisites. Students without a bachelors degree so specified will be notified which prerequisite classes will be required based upon a review of transcripts by the Bill and Vieve Gore School of Business. For an initial assessment please contact the Graduate Programs Coordinator of the School. Prerequisite courses are charged at the normal undergraduate rate.