Accountancy, M.Acc.

Degree:Master of Accountancy (M.Acc.)
Major:Accountancy
Specializations:Business Analysis and Reporting
Taxation
Analytics
Information Systems and Controls
Department:Accounting and Finance
Building 76, Room 212
850.474.2717
http://uwf.edu/account
College: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 3101Intermediate Financial Accounting I3
ACG 3111Intermediate Financial Accounting II3
ACG 3343Cost Accounting3
ACG 3401Accounting Information Systems3
ACG 4201Advanced Financial Accounting3
ACG 4651Auditing3
BUL 3130Legal and Ethical Environment of Business3
FIN 3403Managerial Finance3
TAX 4001Taxation of Individuals3
Total Hours27

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 6308Advanced Managerial Accounting3
ACG 6405Advanced Accounting Information Systems3
ACG 6856Advanced Auditing3
ACG 6177Accounting Data Analytics3
BUL 5831Commercial Law3
TAX 5317Taxation of Flow-Through Entities3
Normally, the 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 Hours18

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 5205Advanced Financial Accounting (required if not taken at the undergraduate level)3
ACG 5658Governmental and Non-Profit Accounting (required if not taken at the undergraduate level)3
ACG 5185Financial Statement Analysis3
ACG 6805Seminar in Financial Accounting3
FIN 6406Financial Management3
ACG 5931CPA Examination Review Financial Accounting and Reporting1.5
ACG 5932CPA Examination Review of Regulation1.5
ACG 5933CPA Examination Review of Auditing and Attestation1.5
ACG 5935CPA Examination Review of Business Environment and Concepts1.5
Department-approved ACG/TAX/QMB/ISM electives
Total hours required for this specialization in addition to the MAcc core courses:12
Normally, the 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 6065Tax Research and Procedure3
Choose 9 hours of electives from the following list of courses:
TAX 5105Corporate Income Tax (required if not taken at the undergraduate level)3
TAX 6207Advanced Partnership Taxation3
ACG 5931CPA Examination Review Financial Accounting and Reporting1.5
ACG 5932CPA Examination Review of Regulation1.5
ACG 5935CPA Examination Review of Business Environment and Concepts1.5
ACG 5933CPA Examination Review of Auditing and Attestation1.5
Department-approved ACG/TAX/FIN/COB electives
Total hours required for this specialization in addition to the MAcc core courses:12
Normally, the 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 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 6305Quantitative Methods for Business3
Choose 9 hours of electives from the following list of courses:
ISM 6562Advanced Business Data Management3
ISM 6405Advanced Business Intelligence Applications3
ISM 6136Big Data Mining: A Managerial Perspective3
ISM 6137Business Analytics3
ACG 5931CPA Examination Review Financial Accounting and Reporting1.5
ACG 5932CPA Examination Review of Regulation1.5
ACG 5933CPA Examination Review of Auditing and Attestation1.5
ACG 5935CPA Examination Review of Business Environment and Concepts1.5
Department-approved ACG/TAX/ISM electives
Total hours required for this specialization in addition to the MAcc core courses:12
Normally, the 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 6326Information Security Auditing and Control 3
Choose 9 hours of electives from the following list of courses:
ISM 6574Advanced Legal, Ethical, and Human Aspects of Cybersecurity3
ISM 6575Advanced Cybersecurity Risk Management3
ACG 5931CPA Examination Review Financial Accounting and Reporting1.5
ACG 5932CPA Examination Review of Regulation1.5
ACG 5933CPA Examination Review of Auditing and Attestation1.5
ACG 5935CPA Examination Review of Business Environment and Concepts1.5
Department-approved ACG/TAX/QMB/ISM electives
Total hours for this specialization in addition to the MAcc core courses:12
Normally, the 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.