Master of Accountancy. M.Acc. Degree



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East Tennessee State University College of Business and Technology Master of Accountancy M.Acc. Degree The Master of Accountancy (M.Acc.) degree is designed for individuals who desire advanced study of accountancy and seek professional careers in public accounting, industry, and government. The combination of the Bachelor of Business Administration degree and the M.Acc. degree meets the educational requirements for Certified Public Accountants in Tennessee and all other states. Furthermore, the M.Acc. is a major step toward obtaining the credentials necessary for a teaching career in accountancy. The M.Acc. program covers financial and managerial accounting, auditing, taxation, and consulting services. Additionally, the program provides exposure to topics representative of the larger business environment. Through judicious choice of elective courses, a student may select a program emphasis. Possible areas of emphasis are financial or managerial accounting, external or internal auditing, systems analysis and design, governmental accounting, taxation, and consulting practice. Admission Requirements A student applying for admission to the M.Acc. program must hold a bachelor s degree from a regionally accredited college or university. International students must hold the equivalent of a four-year degree from a regionally accredited U.S. institution. All applicants to the M.Acc. are presumed to have computer literacy and an understanding of mathematics through calculus. Specific admission criteria are as follows: Minimum undergraduate GPA of 2.5 Minimum GMAT score of 450 Minimum TOEFL score of 550 (paper exam) or 21 (computer exam) if an international student Minimum formula score of 1,050 computed as (200 X undergraduate GPA) + GMAT score Candidates for the M.Acc. program must submit all required application materials before they enroll in graduate-level business courses. Nondegree students must receive approval from the Associate Dean for Graduate Studies in the College of Business and Technology before registering for graduate business courses. Students in other graduate programs at ETSU are free to enroll in selected business courses if appropriate course prerequisites have been completed.

A limited number of Graduate Assistantships and Tuition Scholarships are awarded on a competitive basis to qualified students. Student loans also are available to eligible students. For further information on financial aid, please contact the Associate Dean of Graduate Studies. M.Acc. Curriculum The M.Acc. program consists of a minimum of seven core courses, three concentration courses, and a capstone course, for a total of semester hours. (See Table 1(a).) The accountancy core courses cover the six major areas of accounting practice: financial and managerial accounting, auditing, taxation, regulation, and international accounting. Included in the courses is a statistics course. Concentrations There are two concentrations available in the M.Acc. program: Taxation and Audit. A student may elect to complete the courses required for one of the concentrations or complete three accounting courses without declaring a concentration. Below is a table listing the courses required for each of the concentrations and the courses which may be selected if a concentration is not chosen. (See Table 1 (b).) Table 1. M.Acc. Curriculum (a) Core, Elective, and Capstone Courses M.Acc. Courses Courses: ACCT 5010 Seminar in Financial Accounting I ACCT 5110 Seminar in Managerial Accounting ACCT 5420 Federal Income Taxes II ACCT 5510 Seminar in Accounting Regulations ACCT 5610 Seminar in Auditing ACCT 5810 Seminar in International Accounting BADM 5140 Data Analysis and Modeling Concentration Courses: 9 Culminating Experience: ACCT 5890 Professional Accounting Total semester hours

Taxation Concentration: (b) Concentration Courses M.Acc. Concentration Courses ACCT 5410 ACCT 540 ACCT 5440 Audit Concentration: ACCT 5620 ACCT 560 ACCT 5640 No Concentration Selected: ACCT 5410 ACCT 540 ACCT 5440 ACCT 5620 ACCT 560 ACCT 5640 ACCT 5050 Seminar in Tax Research Taxation of Flow-Through Entities Estate and Gift Taxation Auditing II Auditing Risk and Assurance Internal Auditing A student who does not choose a concentration must take three of the following courses. Seminar in Tax Research Taxation of Flow-Through Entities Estate and Gift Taxation Auditing II Auditing Risk and Assurance Internal Auditing Health Care Accounting and Finance Total concentration hours 9

Accountancy ACCT 5000 ACCT 010 ACCT 020 ACCT 110 ACCT 410 ACCT 410 ACCT 4610 ACCT 4010 or ACCT 4710 Business ECON 5000 ECON 5010 FNCE 5000 MGMT 5010 MKTG 5010 MGMT 5020 MGMT 500 (c) Foundation Courses M.Acc. Foundation Courses Foundation Courses: Essentials of Accounting Financial Accounting I Financial Accounting II Management Accounting Federal Income Taxes Accounting Information Systems Auditing Theory and Practice Advanced Accounting Or Nonprofit Entity Accounting Foundation Courses: Essentials of Economics Essentials of Statistics Essentials of Finance Essentials of Management Essentials of Marketing Legal & Social Environment Quantitative Analysis for Operations Management Maximum semester hours 45 Capstone Course The M.Acc. capstone course, ACCT 5890, provides opportunities for students to apply knowledge and skills in a realistic professional accounting environment. Options available to students include readings and research in preparation for passage of an approved professional exam, special study of an approved accounting topic, internship in a professional accounting position, and participation in an auditing or consulting engagement. Students in the M.Acc. program must submit a written program proposal no later than the end of the semester in which they complete 15 semester hours of core coursework leading to the degree. The proposal must list the elective courses the student proposes to take and the proposed capstone course option. After approval or amendment by the Department of Accountancy and the Associate Dean for Graduate Studies, the proposal becomes the student s official program of study.

Foundation Coursework Students who do not have undergraduate credits in relevant accounting and/or business topics will be required to take one or more of the foundation courses to prepare them for the M.Acc. core courses. (See Table 1(c).) Because a student is allowed a maximum of four foundation courses when admitted to the M.Acc., at least eleven (11) of the foundation courses must completed before admission to the program. Independent Study M.Acc. students may take independent study courses for elective credit. However, opportunities for independent study are limited by faculty resources. A student who plans an independent study should approach a faculty member interested in the student s project. Independent study requests must be approved before a student can register for the course. Further Information For further information on ETSU s Master of Accountancy program, please contact the following: M.Acc. Program Director College of Business and Technology P. O. Box 70699 East Tennessee State University Johnson City, TN 7614 (42) 49-514 (42) 49-5274 (fax) business@etsu.edu