MAcc Course Descriptions
MAcc 7100 Financial Accounting Theory (required)
Prerequisite: ACCT 3202 – Intermediate Financial Accounting II or equivalent course with a grade of “C” or better. A critical review, analysis, and evaluation of current accounting thought relating to the nature, measurement, and reporting of business income and financial position.
MAcc 7220 Advanced Accounting (required)
Prerequisite: ACCT 3202 – Intermediate Financial Accounting II and ACCT 3203 – External Reporting, or equivalent courses, with grades of “C” or better in each course. A study of concepts and techniques related to the preparation of consolidated financial statements and an introduction to partnership accounting.
MAcc 7350 Accounting in a Global Financial Community (elective)
Prerequisite: ACCT 3202 – Intermediate Financial Accounting II and ACCT 3203 – External Reporting, or equivalent courses, with grades of “C” or better in each course. An exploration of international accounting. The course covers technical accounting issues as well as well as other global business topics.
MAcc 7390 Governmental & Not-For-Profit Accounting (required)
Prerequisite: ACCT 3201 – The accounting and financial reporting used by state and local governments and for not-for-profit entities.
MAcc 7400 Fraudulent Financial Reporting (elective)
A foundation for analyzing and evaluating fraudulent financial statements. Topics include the importance of producing reliable financial information, the effects of fraudulent financial reporting, symptoms and schemes of modern corporate fraud, and the roles of the major corporate governance “players” (board of directors, audit committees, management, internal auditors and external auditors) in preventing and detecting fraudulent financial reporting.
MAcc 7410 Advanced Accounting Information Systems (required)
Prerequisite: ACCT 4410 – Accounting Information Systems, or equivalent courses, with grades of “C” or better. A critical review of transaction cycles, internal controls, and computer technologies that builds on knowledge developed in the undergraduate AIS course. The advanced course includes modeling and diagramming the transaction cycles with a focus on systems documentation and REA modeling in a database environment. Additional coverage includes the systems development life cycle and current computer technologies.
MAcc 7453 Estate Tax,Trusts, and Wealth Transfer (elective)
Prerequisite: ACCT 4500 – Individual Income Tax or equivalent course with a grade of “C” or better. A study of methods used to transfer wealth while living and after death in a tax-effective manner. Topics include estate planning, gifting and the use of trusts to achieve wealth transfer in an efficiently.
MAcc 7500 Tax Research (elective)
Prerequisite: ACCT 4500 – Individual Income Tax or equivalent course with a grade of “C” or better. A study of methods used for researching Federal tax questions. Topics include tax research methodology, primary sources of law, secondary sources of law, the judicial system, and tax practice. Students will use electronic databases and other resources to research fact patterns and present their findings to the class.
MAcc 7510 Corporate and Partnership Taxation (required)
Prerequisite: ACCT 4500 – Individual Income Tax with a grade of "C" or better. An introduction to the tax aspects of corporations and partnerships. Emphasizes the history, status, and prospects of tax law as it pertains to the corporate and partnership forms of business.
MAcc 7700 Advanced Managerial Accounting (elective)
Prerequisite: ACCT 3400 or equivalent. A case-based examination of managerial accounting. Topics include costing systems, budgeting issues, cost behavior and performance evaluation methods. The course develops critical thinking, business writing and oral communication skills through class discussions, written reports and presentations.
MAcc 7800 Advanced Auditing (required)
Prerequisites: ACCT 3202 – Intermediate Financial Accounting II and ACCT 4800 - Auditing or equivalent courses, each with a grade of “C” or better. A study of the concepts and techniques used by the independent accountant in the audit of financial statements within the framework of generally accepted auditing standards.
MAcc 7990 Special Topics in Accounting (elective)
A study of current issues and concepts in accounting. Students will use electronic databases and other resources to research topics and present their findings to the class. Guest speakers and field trips may be part of the course. With department head approval, may be taken more than once if topics are substantially different.
Prerequisite: Approval of the Department Head. Graded "Satisfactory" or "Unsatisfactory." - The application of academic accounting skills and values in an employment situation. A paper, approved by a faculty member and an employer, is required. The student must complete a workshop with the Career Strategies Coordinator no later than the end of the first week of classes. May be taken more than once with Department Head approval.