The MAcc program provides students with the background necessary to enter a career in public, private, or government accounting. The program focuses on understanding the role of accounting in managing business processes.

Accounting careers vary widely in today's complex, global economy. Graduates may find themselves tracking illegal funds for the FBI to preparing financial statements for multi-billion dollar firms. Generally, accounting career paths can be described as financial reporting, assurance, budget analysis, management accounting, tax accounting, and federal contract accounting. Accountants may work for public accounting firms, public or private corporations, governments at all levels, or for themselves in private practice.

The purpose of the Master of Accountancy program is to provide students with an academically rigorous course of study in accounting necessary for successful careers in professional accountancy in public, private, non-for-profit, and federal government accounting. Students have the flexibility to become educationally prepared for recognized certifications.

The program is designed to satisfy the requirements of the Alabama State Board of Public Accountancy for Certified Public Accountant (CPA) examination candidates. The program exceeds the educational requirements for membership in the American Institute of Certified Public Accountants (AICPA), as well as those to sit for the Certified Management Accountant (CMA) and Certified Internal Auditor (CIA) examinations.

Qualified undergraduate accounting majors may be able to complete the requirements for the MAcc degree in one additional year of full-time course work beyond the bachelor's level, in what is called the 4+1 program (see below).


Certificate in Public Accounting (CPA)

To receive the Certificate in Public Accounting (CPA) an applicant must have a minimum of 150 semester hours, in addition to meeting certain course requirements. For complete details and requirements see the Alabama State Board of Public Accountancy.

Prior to taking the CPA examination, a rigorous review course may be necessary to improve one’s ability to pass the examination. ACC 580 (Professional Certification) provides a complete and thorough examination and review of each of the four areas of the Accounting Standards and Procedures (Regulation, Business Environment and Concepts, Financial Accounting and Reporting, Auditing and Attestation).

CPA Prep 4+1 Program

The College’s CPA Prep 4+1 Program provides an efficient way for students to complete their BSBA in accounting, complete the requirements to sit for the CPA exam, and obtain a Master of Accountancy degree, all in 5 years.  The program includes 4 years of undergraduate study (leading to the BSBA with a major in Accounting) plus 1 year of full-time graduate study (culminating in the Master of Accountancy degree).  Students who complete the CPA Prep 4+1 Program and pass the CPA exam have assembled an impressive set of credentials. Contact the college's Director of Graduate Programs for more information.


Degree Requirements

The MAcc program normally consists of 33 semester hours of graduate coursework. The program includes a minimum of 18 semester hours of accounting (including at least 15 hours at the 600-level) and a minimum of 12 semester hours in other disciplines (including at least 9 hours at the 600-level). The accounting theory class, ACC 680, should be taken toward the end of the student's program, must be taken at UAHuntsville, and must be completed with a grade of A or B (including an average of at least B on all individual components). A maximum of 12 semester hours of graduate work may be transferred from another institution.

Program Prerequisites

Program prerequisites may be satisfied by either of the following: (a) possession of a Bachelors degree in accounting from an AACSB accredited institution, or (b) possession of a Bachelor's degree and satisfactory (i.e., "C" or higher) completion of the following list of basic skills, business core, and accounting courses.

The basic skills and business core prerequisites are:

Title Semester Hours
Written and oral communications 6 hrs.
Calculus 3 hrs.
Microcomputing 3 hrs.
Statistical analysis 3 hrs.
Legal environment of business 3 hrs.
Principles of accounting (financial and managerial) 6 hrs.
Principles of economics 6 hrs.
Principles of finance 3 hrs.
Principles of marketing 3 hrs.
Operations management 3 hrs.
Organizational theory, behavior, and environment 3 hrs.

 

The accounting prerequisites are as follows:

Course Number TitleSemester Hours
ACC 307 Accounting Information Systems 3 hrs.
ACC 310 Intermediate Financial Accounting I 3 hrs.
ACC 311 Intermediate Financial Accounting II 3 hrs.
ACC 313 Individual and Small Business Income Taxes 3 hrs.
ACC 414 Cost Accounting 3 hrs.
ACC 431 Principles of Auditing 3 hrs.

MAcc Courses 

The MAcc consists of three required courses and eight elective courses. Students must take a minimum of 18 hours of Accounting with at least 15 of those hours at the 600-level. They must also take a minimum of 12 hours of non-accounting courses with at least 9 hours at the 600-level. The program is presented below including four specific required courses.

Course NumberTitleSemester Hours
ACC 607 Advanced Accounting Information Systems 3 hrs.
ACC 614 Cost Management 3 hrs.
ACC 680 Financial Accounting Theory 3 hrs.
ACC 6XX Accounting elective or thesis* 3 hrs.
ACC 6XX Accounting elective or thesis* 3 hrs.
ACC XXX Accounting elective, 500 or 600-level * 3 hrs.
  Non-accounting electives, 600-level courses 9 hrs.
  Non-accounting electives, 500 or 600-level 3 hrs.
  Free elective, 500 or 600-level 3 hrs.
Total Hours Required 33 hrs.

Thesis option reduces the required credit hours to 30 hours. Students may eliminate a 500-level non-accounting elective.

* ACC 600 or 602 may not be used in the MAcc program.

Areas of Emphasis

The MAcc curriculum has ample flexibility to allow students to tailor a degree program in line with their background and career goals.  Four possible emphasis areas, along with possible elective course choices, are:

 CPA Preparation

  • ACC 517 – Accounting for State and Local Governments and Non-Profits
  • ACC 513 – Corporate, Partnership, and Estate Taxes
  • ACC 520 – State and Local Taxation
  • BLS 511 – Business Law for Accountants

Assurance and Financial Reporting (Auditing)

  • ACC 532 – Advanced Auditing
  • ACC 533 – Forensic Accounting
  • ACC 642 – Advanced Internal and Operational Auditing

Taxation

  • ACC 513 – Corporate, Partnership, and Estate Taxes
  • ACC 520 – State and Local Taxation

Information Systems Audit and Control

  • ACC 642 – Advanced Internal and Operational Auditing
  • IS 634 – Management of Information Technology
  • IS 640 – Relational Database Management Systems
  • IS 680 – Enterprise Resource Planning Systems

 

The Graduate Advisor will work with students to identify the appropriate set of courses that can provide the desired emphasis.

 Contact Information

Jennifer Pettitt
Director of CBA Graduate Programs
Office of Academic Assistance
BAB 102-H
College of Business Administration
University of Alabama in Huntsville
Huntsville, Alabama 35899