The core requirements of the MAC Program take you deeper into the exciting world of accounting. These courses expose students to the foundations of financial reporting and auditing, the intricacies of financial analysis and cost accounting techniques, and the importance of communication and leadership in the workplace.
Core courses represent 18 of the credit hours you’ll take en route to your Master of Accounting degree. All students will take all of these require courses.
Core course descriptions
Note: The course names and credit hours listed below represent the curriculum breakdown for the on-campus format. Online students take the same curriculum, but do so with a modified structure and organization. Review the academic calendars for each format for added clarification on the courses available.
MAC 711 (1.5 credit hours)
Financial Reporting B examines the theoretical foundations of financial reporting, the environmental factors that affect accounting standard-setting and decision-making, and the mechanics of accounting for events and transactions that have an economic effect on the firm. Course participants will gain an understanding of the preparation of financial statements, as well as the skills necessary to interpret financial accounting information.
MAC 712 (3.0 credit hours)
Financial Reporting C examines the theoretical foundations of financial reporting, the environmental factors that affect accounting standard-setting and decision-making, and the mechanics of accounting for events and transactions that have an economic effect on the firm. Course participants will gain an understanding of the preparation of financial statements, as well as the skills necessary to interpret financial accounting information.
MAC 714 (1.5 credit hours)
Financial Statement Analysis is the capstone course of the Financial Accounting sequence. It provides an applied perspective on analyzing firms’ financial statements using lectures and Harvard case studies. Key topics include earnings management, profitability analysis, credit analysis, predicting financial distress, pro-forma business modeling and industry analysis.
MAC 725 (1.5 credit hours)
Cost Accounting examines the application of cost accounting techniques and practices for manufacturing and service organizations. Special focus is given to the strategic context of cost system design and the application of cost accounting techniques to decision-making. The course uses cases to help students contextualize cost accounting topics and to understand the impact of cost accounting information on firm decision-making. Topics include cost accounting systems, strategic costing, activity-based costing, cost management systems, responsibility accounting and transfer pricing.
MAC 730 (3.0 credit hours)
Auditing and Assurance Services offers a foundation in the external audit function and stresses the role and value of auditing in business. Students consider the effect of environmental factors and standards on auditors' judgments of client acceptance, risk assessment, planning, evidence gathering and reporting.
MAC 743 (1.5 credit hours)
Deloitte Corporate Taxation analyzes tax laws with respect to corporate formation, shareholder distributions, liquidations, divestitures, mergers and acquisitions.
MAC 775 (1.5 credit hours)
Professional Communication includes the following topics: active listening, interpersonal communication dynamics, strategic planning for writing and presenting, communication channel choice, visual rhetoric, credibility, and persuasion. This course offers customized instruction in small sections (20 students per section) to heighten students' self-awareness in various interpersonal settings and upgrade effectiveness in interacting with individuals or small groups.
MAC 776 (1.0 credit hours)
Leadership: Professionalism and Team Building in Today’s Diverse Business Environment directly develops the mission of the Master of Accounting Program to prepare students by utilizing an extremely high level of educational tools that will assure the ability to assume positions of leadership in the professional accounting environment, both public and private. To accomplish this objective, we believe it is necessary that our students’ education be well grounded in the latest research regarding inclusivity, leadership, professionalism and communication. This course is designed to provide an understanding of the essential skills of professionalism and team building which are requisites in today’s diverse, global business environment.
MAC 832 (1.0 credit hours)
Financial Research provides participants with knowledge and skills useful to practitioner-oriented accounting research. Such research is necessary when accountants encounter economic transactions for which the proper accounting treatment is ambiguous. The course objective will be accomplished through the use of case studies, the solutions to which will require reference to authoritative accounting literature and electronic databases and services. Thus, course participants should gain proficiency in the use of such resources.
MAC 884A & B (1.5 credit hours for each course)
Leadership, Ethics & Professionalism I & II address ethical theories coupled with critical thinking approaches to analyzing ethical issues. These courses help students understand when they confront ethical issues and provide a mechanism for helping students think their way through to making ethical decisions. These courses provide a useful way to identify and understand the values they bring to bear in making important decisions with ethical components. In addition, students will develop critical managerial and leadership skills in the areas of communication, persuasion and influence, team leadership and decision-making. Students also will participate in a management simulation created specifically for accounting professionals and receive feedback on their performance from industry executives.
>> Figure out if our program is right for you
>> Next: Learn about the Tax and Audit Concentrations