Program Overview

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Master of Accounting (MACC) Program

The Master of Accounting (MACC) program is designed to provide students with a comprehensive education in accounting, preparing them for careers in public accounting, industry, and government.

Program Overview

The MACC program is a graduate-level program that covers a wide range of topics in accounting, including financial accounting, auditing, taxation, and financial management. The program is designed to provide students with a strong foundation in accounting principles, as well as the skills and knowledge needed to succeed in the accounting profession.

Course Requirements

The MACC program requires the completion of 30 credit hours of coursework, including:

• MACC 500: Internship in Accounting
• MACC 501: Accounting Ethics and Professionalism
• MACC 502: Business Law for Accountants
• MACC 503: Accounting and Auditing Regulation
• MACC 504: Finance for Accountants
• MACC 506: Judgment and Decision Making for Accountants
• MACC 511: Issues in Financial Reporting II
• MACC 512: Financial Statement Analysis and Valuation
• MACC 513: Issues in Financial Reporting III
• MACC 514: Fair Value Accounting
• MACC 515: Advanced Topics in Revenue Recognition
• MACC 531: Advanced Management Accounting
• MACC 541: Accounting Information and Control Systems
• MACC 542: Advanced Auditing
• MACC 562: Auditing: A Data Analytics Approach
• MACC 563: Data Analytics for Accountants
• MACC 564: Accounting Information Systems and Data Analytics
• MACC 571: Federal Taxation
• MACC 572: Taxes and Business Strategy
• MACC 573: Business Tax Strategy: Industry Applications
• MACC 581: Government and Not-for-Profit Accounting
• MACC 591: Accounting Theory
• MACC 592: Institutional and Academic Foundations of Accounting
• MACC 599: Independent Study
• MACC 677: Special Topics

Course Descriptions

MACC 500: Internship in Accounting

• Credit Hours: 6
• Description: Supervised off-campus, non-group instruction, including field experiences, practica, or internships in applied accounting.

MACC 501: Accounting Ethics and Professionalism

• Credit Hours: 3
• Description: The purpose of the course is to prepare the future CPA for ethical judgement.

MACC 502: Business Law for Accountants

• Credit Hours: 3
• Description: This course examines the broad subject of law as it relates to business and is designed to help the accounting student develop "legal astuteness."

MACC 503: Accounting and Auditing Regulation

• Credit Hours: 1.5
• Description: Students will engage in an intensive 5-day learning program.

MACC 504: Finance for Accountants

• Credit Hours: 1.5
• Description: Coverage of core concepts in the areas of corporate finance, financial portfolio management, and financial futures and options.

MACC 506: Judgment and Decision Making for Accountants

• Credit Hours: 1.5
• Description: Decisions in the workforce are often made under conditions of bias, conflict of interest, and missing information.

MACC 511: Issues in Financial Reporting II

• Credit Hours: 3
• Description: This course includes an in-depth analysis of certain complex financial accounting standards promulgated by the FASB and applied by practitioners in public accounting and industry.

MACC 512: Financial Statement Analysis and Valuation

• Credit Hours: 3
• Description: The first half of the course focuses on documenting and understanding a firm's profitability relative to past performance and comparable firms.

MACC 513: Issues in Financial Reporting III

• Credit Hours: 3
• Description: This course covers the advanced financial accounting topics of accounting for intercorporate investments, for mergers and acquisitions, and for the preparation of consolidated statements.

MACC 514: Fair Value Accounting

• Credit Hours: 1.5
• Description: This course examines fair value accounting, as outlined in Accounting Standard Codification section 820 and other U.S. accounting standards.

MACC 515: Advanced Topics in Revenue Recognition

• Credit Hours: 1.5
• Description: The course will cover the principles embedded in the US GAAP for revenue recognition and will examine how revenue recognition can vary substantially according to the underlying economics of different business models.

MACC 531: Advanced Management Accounting

• Credit Hours: 1.5
• Description: The use of management accounting information to serve management decision-making.

MACC 541: Accounting Information and Control Systems

• Credit Hours: 1.5
• Description: Examines the concepts of the integrated audit of internal control over financial reporting in accordance with PCAOB Audit Standard 5.

MACC 542: Advanced Auditing

• Credit Hours: 1.5
• Description: This course provides students with an in-depth understanding of professional standards, the audit process, advanced auditing techniques, and the auditor's role.

MACC 562: Auditing: A Data Analytics Approach

• Credit Hours: 1.5
• Description: This course applies accounting and critical thinking skills to real-world data analytics examples from auditing and forensics.

MACC 563: Data Analytics for Accountants

• Credit Hours: 1.5
• Description: Introduction to using data analytics in an accounting context.

MACC 564: Accounting Information Systems and Data Analytics

• Credit Hours: 3
• Description: Advanced methods of leveraging data analytics in an accounting context.

MACC 571: Federal Taxation

• Credit Hours: 3
• Description: Introduction to federal income tax principles.

MACC 572: Taxes and Business Strategy

• Credit Hours: 1.5
• Description: An examination of how taxes affect companies' decision-making and their financial and operational structure.

MACC 573: Business Tax Strategy: Industry Applications

• Credit Hours: 1.5
• Description: This course considers tax strategy in several industries, including energy, real estate, health care, and entrepreneurship.

MACC 581: Government and Not-for-Profit Accounting

• Credit Hours: 1.5
• Description: Financial reporting, managerial, auditing, taxation, and information systems issues in governmental and nonprofit entities.

MACC 591: Accounting Theory

• Credit Hours: 3
• Description: The aim of this seminar is to impart an understanding of the historical evolution of the literature on financial accounting theory and accounting principles.

MACC 592: Institutional and Academic Foundations of Accounting

• Credit Hours: 1.5
• Description: The course will provide an overview of the institutional foundations of accounting through a study of the historical evolution of accounting standards, disclosure regulations, and securities laws.

MACC 599: Independent Study

• Credit Hours: 1-3
• Description: Specialized aspect or topic in an area directly related to public accounting that is chosen by student and an appropriate faculty member.

MACC 677: Special Topics

• Credit Hours: 1-4
• Description: Topics and credit hours vary each semester. Contact department for current semester's topic(s).