Accounting, M.Acc.

Degree:Master of Accountancy (M.Acc.)
Specializations:Professional Accountancy
Professional Taxation
Department:Accounting and Finance
Building 76, Room 212
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 financial and managerial accounting, contemporary professional issues, auditing, tax research, and financial management. A strong emphasis on the development of analytical, communication, and presentation skills is evident in the courses. Students wishing to focus more on tax issues may obtain a specialization in 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 4151Accounting Theory3
ACG 4201Advanced Financial Accounting3
ACG 4651Auditing3
BUL 3130Legal and Ethical Environment of Business3
FIN 3403Managerial Finance3
TAX 4001Taxation of individuals3
Total Hours30

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:

  • Submission of one of the following graduate admission tests*:
    • Graduate Management Admissions Test (GMAT)
    • Graduate Record Examination (GRE)
  • Undergraduate institutional GPA
  • Submission of letter of intent
  • Submission of two academic/professional letters of recommendation

* The graduate admission test will be waived for the following: 

Admission test score waiver eligibility for applicants who hold an earned bachelor’s degree and meet any of the following criteria:

  • GPA of 3.25 or higher
  • GPA of 3.0 or higher and at least three (3) years relevant work experience in an organization (for-profit or non-for-profit) that would normally require an undergraduate degree to obtain or experience at running an entrepreneurial business
  • GPA of 3.0 in the UWF MACC pre-requisites and foundation proficiency courses before taking MAcc Program Courses. Students who earn less than a 3.0 must submit GMAT or GRE scores which meet the admission requirements in order to take the MAcc program courses.
  • Passed all 4 parts of the CPA examination as documented by the National Association of State Board of Accountancy (NASBA)
  • Earned a business-related master’s degree

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 and results of the graduate admission test should be submitted at the time of application to the Graduate School.

Degree Requirements

ACG 6308Advanced Managerial Accounting3
ACG 6805Seminar in Financial Accounting3
ACG 6856Advanced Auditing3
BUL 5831Commercial Law3
FIN 6406Financial Management3
TAX 6065Tax Data Bases, Research and Procedure3
Program Electives12
5000/6000 Advisor-approved ACG/TAX electives totaling 9 hours. Must fulfill Corporate Income Tax and Governmental & Non-Profit Accounting requirements at undergraduate or graduate level.
5000/6000 Advisor-approved COB elective
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 Hours30

Taxation Specialization

Graduate Certificate in Accountancy

Department: Accounting & Finance

Method of Instruction: Online

Semester Hours: 12

ACG 6308Advanced Managerial Accounting3
ACG 6805Seminar in Financial Accounting3
ACG 6856Advanced Auditing3
BUL 5831Commercial Law3
Students who have previously completed BUL 5831 - Commercial Law, or the equivalent should take TAX 5105 - Corporate Tax.
Total Hours12

The Graduate Certificate in Accountancy is available online.

Students pursuing the Graduate Certificate in Accountancy must have completed a bachelor's degree in accounting, or the equivalent.

The Graduate Certificate in Accountancy is not available to students pursing the Master of Accountancy or the MBA with Accounting emphasis.

Candidates pursuing the Graduate Certificate in  Accountancy are required to complete all Certificate courses with a grade of "C" or better, and maintain an overall GPA of 3.0 or better.

Normally, transfer courses cannot be used to satisfy requirements for completion of graduate certificates in the College of Business.

The University’s six-year policy on “Time to Degree:  Master’s” applies to completion of coursework for graduate certificates in the College of Business.