MAcc Curriculum

Program Format

Our MAcc program is offered in a two semester, daytime cohort format. Courses are taken in sequence, with new cohorts commencing every fall semester. You will start in August with your cohort. If you are a recent graduate or are taking a year off to pursue your MAcc and CPA, then our full-time, daytime program may be a good fit for you. We do not offer evening or online courses. If you have an interest in a more flexible or evening program, please see our MBA with Accounting Concentration.

You can specialize in either Audit/Advisory or Tax. Everyone takes 18 hours of core accounting courses, and 12 hours of specialty courses. You will graduate with a wide breadth of knowledge to prepare you for a specific area of accounting practice without limiting your overarching accounting view.

Our Audit/Advisory specialty consists of courses approved by the Institute of Internal Auditors (IIA) for a special Internal Audit Education Partnership (IAEP) certificate. Audit/Advisory track students will receive an IAEP certificate upon completion of our program. Students have the opportunity to participate in the IIA’s International Case Competition in Orlando.

Our School of Accountancy’s Internal Audit Center is one of 12 world-wide recognized by the IIA as a Center of Excellence. Learn how our Internal Audit Center is leading the way in industry research and education.

MAcc Class

MAcc Curriculum

Core Courses (18 hours)

  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program 
    A study of financial audits, assurance services, and internal audits. Emphasis is on current developments.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program.
    This course examines corporate governance and the broader business environment from the perspective of accounting. The course will be taught in a seminar format, with a great deal of interaction in class. 
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program.
    A study of the federal income taxation of corporations and shareholders. Topics covered include corporate contributions, distributions of shareholders, stock redemptions, and corporate liquidations.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to MAcc program 
    A study of financial accounting theory and its application, including current and future business reporting models.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program
    Preparation for professional licensure or certification and career advancement consistent with students’ professional goals. Students work with faculty advisers to develop a plan for licensure or certification and for honing professional skills consistent with their goals.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: ACCT 7701 
    Continuation of ACCT 8701: Preparation for professional licensure or certification and career advancement consistent with students’ professional goals. Students work with faculty advisers to develop a plan for licensure or certification and for honing professional skills consistent with their goals. Students prepare final capstone project.

Elective Requirements (12 Credit Hours)

Select one of the following options:

Option A: Audit/Advisory Specialization

  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to Master of Accounting Program
    This course is intended to extend the student’s knowledge and understanding of systems and controls with a focus on the role of risk professionals (for example, risk advisory consultants and internal auditors).
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to Master of Accounting Program
    This course will extend the student’s knowledge and understanding of accounting and data analytics with a focus on the role of risk professionals and forensic accountants (for example, advisory consultants and internal auditors).
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc Program
    This course covers several topics related to regulation of public financial reporting regulation.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program.
    This course is designed to provide advanced internal audit knowledge to students considering careers in the accounting and auditing functions with an emphasis on internal auditing. The purpose of the course is to extend students’ knowledge of auditing in today’s organizations; knowledge that extends beyond the traditional attestation of the financial statements. The course examines in detail internal audit theory, applies internal audit concepts to real corporate cases and involves critical analysis of internal audit practices. The course will also incorporate research papers to achieve its objectives.

Option B: Tax Specialization

  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program.
    An introduction to the U.S. federal tax system, including research processes, tax practice, and procedural issues. This course is intended to strengthen students’ problem solving and communication skills in a tax research setting. Electronic tax research services are used in the search for applicable tax authority.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program.
    An advanced study of the federal income taxation of flow-through entities, including partnerships, S Corporations and Limited Liability Companies. Topics include contributions and distributions from a flow-through entity; reporting of profits, gains and losses; complete and partial liquidations; and the partnership special allocation rules.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program
    The goal of this course is to develop knowledge and research skills in the area of state and local taxation. The course will include a review of the U.S. Constitution’s Due Process and Commerce Clauses, and resulting court cases. Calculations for state personal income, corporate income, sales, and ad valorem property taxes will be included. Selected current issues in the area of state and local taxation will also be incorporated. Estate and gift taxes will also be investigated.
  • 3 Class Hours 0 Laboratory Hours 3 Credit Hours
    Prerequisite: Admission to the MAcc program.
    This course examines the income tax consequences of foreign income for U.S. taxpayers and of U.S. income foreign taxpayers. Topics covered include the foreign tax credit, Subpart F income, controlled foreign corporations, and sourcing rules.

Program Total (30 Credit Hours)

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