Accountancy, M.Acc.
Degree: | Master of Accountancy (M.Acc.) |
Major: | Accountancy |
Specializations: | Analytics Business Analysis and Reporting Information Systems and Controls Taxation |
Department: | Accounting and Finance Building 76, Room 201 850-474-2717 http://uwf.edu/account |
College: | Lewis Bear Jr. College of Business |
CIP Code: | 52.0301 |
Semester Hours Required For Degree: 30 |
The Master of Accountancy (MAcc) is an included program in the University's accreditation by AACSB International.
The MAcc develops the graduate student's conceptual understanding of current and emerging technical issues facing the accounting profession, advanced technical skills in the field, and research and communication skills commensurate with the requirements of the accounting profession. The MAcc requires 30 semester hours of coursework, exclusive of Foundational Proficiencies. The core courses provide advanced work in the areas of managerial accounting, accounting data analytics, advanced accounting information systems, contemporary professional issues, auditing, taxation of flow-through entities, and commercial law. A strong emphasis on the development of analytical, communication, and presentation skills is evident in the courses. Students can choose between four distinct specialization tracks within the MAcc: Analytics, Business Analysis & Reporting, Information Systems & Controls, and Taxation.
Degree Requirements
Candidates admitted to the MAcc program are required to complete all courses with a grade of "C" (2.0) or better and are required to maintain an overall graduate and MAcc GPA of 3.0 (B) or better. Core MAcc courses that are not compliant with the time to degree policy must be reviewed to determine proficiency.
Graduates of this program are now successfully pursuing careers in public accounting as auditors, consultants, and tax practitioners; in industry as financial and operational managers; and in government in a variety of roles. The emphasis on written and verbal skills, when combined with the emphasis on analysis and advanced technical information, is intended to prepare graduates to pursue a wide variety of professional opportunities.
Contact the department for information about graduate assistantships and scholarships.
Foundational Proficiencies
Admission to candidacy in the MAcc program is gained by demonstrating proficiency in the college’s core curriculum and the following courses:
ACG 3101 | Intermediate Financial Accounting I | 3 |
ACG 3111 | Intermediate Financial Accounting II | 3 |
ACG 3343 | Cost Accounting | 3 |
ACG 3401 | Accounting Information Systems | 3 |
ACG 4201 | Advanced Financial Accounting | 3 |
ACG 4651 | Auditing | 3 |
BUL 3130 | Legal and Ethical Environment of Business | 3 |
FIN 3403 | Managerial Finance | 3 |
TAX 4001 | Taxation of Individuals | 3 |
Total Hours | 27 |
A minimum grade of "C" (2.0) is required for all proficiency courses. Proficiencies may be demonstrated by satisfactory completion of equivalent courses or by special examination. Courses completed more than four years prior to admission must be reviewed and, in most instances, an examination to determine proficiency will be recommended.
Admission Requirements
In addition to the University graduate admission requirements described in the Admissions section of the catalog, the department bases decisions for regular admission on a holistic review of credentials in which the following criteria are used to assess the potential success of each applicant:
- Undergraduate institutional GPA
- Undergraduate and master's degrees obtained
- Submission of current resume
- Relevant work experience
- Completion of CPA examination sections as documented by the National Association of State Board of Accountancy (NASBA)
Application and Counseling
Inquiries should be addressed to the chairperson of the Department of Accounting and Finance. The chairperson or a representative will assist in all matters of application, admission, degree planning, and graduation. Copies of the transcripts describing prior academic work should be submitted to the Graduate School at the time of application.
Core Courses
All students in the Master of Accountancy program must complete the following core courses (18 hours) in addition to the requirements for one of the areas of specialization (12 hours) in Analytics, Business Analysis & Reporting, Information Systems & Controls, and Taxation.
ACG 6308 | Advanced Managerial Accounting | 3 |
ACG 6405 | Advanced Accounting Information Systems | 3 |
ACG 6856 | Advanced Auditing | 3 |
ACG 6177 | Accounting Data Analytics | 3 |
BUL 5831 | Commercial Law | 3 |
TAX 5317 | Taxation of Flow-Through Entities | 3 |
Normally, the Lewis Bear Jr. College of Business will not accept transfer credits as equivalent to UWF 5000/6000 level business-related courses from institutions not accredited by AACSB International. | ||
Total Hours | 18 |
In addition to the Master of Accountancy core courses (18 hours), students who choose the Analytics specialization must complete 12 hours of courses from the list below. QMB 6305 Quantitative Methods for Business is required for all students who choose the Analytics specialization.
Analytics Specialization Requirements
Required for all students: | ||
QMB 6305 | Quantitative Methods for Business | 3 |
Choose 9 hours of electives from the following list of courses: | ||
ISM 6562 | Advanced Business Data Management | 3 |
ISM 6405 | Advanced Business Intelligence Applications | 3 |
ISM 6136 | Big Data Mining: A Managerial Perspective | 3 |
ISM 6137 | Business Analytics | 3 |
CPA Review Core Sections: | ||
ACG 5931 | CPA Examination Review Financial Accounting and Reporting | 1.5 |
ACG 5932 | CPA Examination Review of Regulation | 1.5 |
ACG 5933 | CPA Examination Review of Auditing and Attestation | 1.5 |
CPA Review Discipline Sections: | ||
ACG 5936 | CPA Examination Review Business Analysis and Reporting | 1.5 |
ACG 5937 | CPA Examination Review Information Systems and Controls | 1.5 |
ACG 5938 | CPA Examination Review Tax Compliance and Planning | 1.5 |
Department-approved ACG/TAX/ISM electives | ||
Total hours required for this specialization in addition to the MAcc core courses: | 12 | |
For students planning to take the CPA Exam, we recommend taking the three CPA Review courses for the core areas and only one of the CPA Review courses for the discipline areas. However, regardless of the composition of the CPA Review courses taken, a maximum of 6 credit hours from CPA Review courses may count toward graduation requirements. | ||
Normally, the Lewis Bear Jr. College of Business will not accept transfer credits as equivalent to UWF 5000/6000 level business-related courses from institutions not accredited by AACSB International. |
In addition to the Master of Accountancy core courses (18 hours), students who choose the Business Analysis and Reporting specialization must complete 12 hours of courses from the list below. Both ACG 5205 Advanced Financial Accounting and ACG 5658 Governmental and Non-Profit Accounting are required if they were not taken at the undergraduate level.
Business Analysis and Reporting Specialization Requirements
Choose 12 hours of electives from the following list of courses: | ||
ACG 5205 | Advanced Financial Accounting (required if not taken at the undergraduate level) | 3 |
ACG 5658 | Governmental and Non-Profit Accounting (required if not taken at the undergraduate level) | 3 |
ACG 5185 | Financial Statement Analysis | 3 |
ACG 6805 | Seminar in Financial Accounting | 3 |
FIN 6406 | Financial Management | 3 |
CPA Review Core Sections: | ||
ACG 5931 | CPA Examination Review Financial Accounting and Reporting | 1.5 |
ACG 5932 | CPA Examination Review of Regulation | 1.5 |
ACG 5933 | CPA Examination Review of Auditing and Attestation | 1.5 |
CPA Review Discipline Sections: | ||
ACG 5936 | CPA Examination Review Business Analysis and Reporting | 1.5 |
ACG 5937 | CPA Examination Review Information Systems and Controls | 1.5 |
ACG 5938 | CPA Examination Review Tax Compliance and Planning | 1.5 |
Department-approved ACG/TAX/QMB/ISM electives | ||
Total hours required for this specialization in addition to the MAcc core courses: | 12 | |
For students planning to take the CPA Exam, we recommend taking the three CPA Review courses for the core areas and only one of the CPA Review courses for the discipline areas. However, regardless of the composition of the CPA Review courses taken, a maximum of 6 credit hours from CPA Review courses may count toward graduation requirements. | ||
Normally, the Lewis Bear Jr. College of Business will not accept transfer credits as equivalent to UWF 5000/6000 level business-related courses from institutions not accredited by AACSB International. |
In addition to the Master of Accountancy core courses (18 hours), students who choose the Information Systems and Controls specialization must complete 12 hours of courses from the list below. ISM 6326 Information Security Auditing and Control is required for all students who choose the Information Systems and Controls specialization.
Information Systems & Controls Specialization Requirements
Required for all students: | ||
ISM 6326 | Information Security Auditing and Control | 3 |
Choose 9 hours of electives from the following list of courses: | ||
ISM 6574 | Advanced Legal, Ethical, and Human Aspects of Cybersecurity | 3 |
ISM 6575 | Advanced Cybersecurity Risk Management | 3 |
CPA Review Core Sections: | ||
ACG 5931 | CPA Examination Review Financial Accounting and Reporting | 1.5 |
ACG 5932 | CPA Examination Review of Regulation | 1.5 |
ACG 5933 | CPA Examination Review of Auditing and Attestation | 1.5 |
CPA Review Discipline Sections: | ||
ACG 5936 | CPA Examination Review Business Analysis and Reporting | 1.5 |
ACG 5937 | CPA Examination Review Information Systems and Controls | 1.5 |
ACG 5938 | CPA Examination Review Tax Compliance and Planning | 1.5 |
Department-approved ACG/TAX/QMB/ISM electives | ||
Total hours for this specialization in addition to the MAcc core courses: | 12 | |
For students planning to take the CPA Exam, we recommend taking the three CPA Review courses for the core areas and only one of the CPA Review courses for the discipline areas. However, regardless of the composition of the CPA Review courses taken, a maximum of 6 credit hours from CPA Review courses may count toward graduation requirements. | ||
Normally, the Lewis Bear Jr. College of Business will not accept transfer credits as equivalent to UWF 5000/6000 level business-related courses from institutions not accredited by AACSB International. |
In addition to the Master of Accountancy core courses (18 hours), students who choose the Taxation specialization must complete 12 hours of courses from the list below. TAX 6065 Tax Research and Procedure is required for all students who choose the Taxation specialization, and TAX 5105 Corporate Income Tax is also required if it was not taken at the undergraduate level.
Taxation Specialization Requirements
Required for all students: | ||
TAX 6065 | Tax Research and Procedure | 3 |
Choose 9 hours of electives from the following list of courses: | ||
TAX 5105 | Corporate Income Tax (required if not taken at the undergraduate level) | 3 |
TAX 6207 | Advanced Partnership Taxation | 3 |
CPA Review Core Sections: | ||
ACG 5931 | CPA Examination Review Financial Accounting and Reporting | 1.5 |
ACG 5932 | CPA Examination Review of Regulation | 1.5 |
ACG 5933 | CPA Examination Review of Auditing and Attestation | 1.5 |
CPA Review Discipline Sections: | ||
ACG 5936 | CPA Examination Review Business Analysis and Reporting | 1.5 |
ACG 5937 | CPA Examination Review Information Systems and Controls | 1.5 |
ACG 5938 | CPA Examination Review Tax Compliance and Planning | 1.5 |
Department-approved ACG/TAX/FIN/COB electives | ||
Total hours required for this specialization in addition to the MAcc core courses: | 12 | |
For students planning to take the CPA Exam, we recommend taking the three CPA Review courses for the core areas and only one of the CPA Review courses for the discipline areas. However, regardless of the composition of the CPA Review courses taken, a maximum of 6 credit hours from CPA Review courses may count toward graduation requirements. | ||
Normally, the Lewis Bear Jr. College of Business will not accept transfer credits as equivalent to UWF 5000/6000 level business-related courses from institutions not accredited by AACSB International. |