MASTER OF ACCOUNTANCY (MAcc) PROGRAM DESCRIPTION
Emphasizing theoretical knowledge, analytical skills, information
technology proficiency and research methodology in solving business problems, the MAcc program
is designed to meet the needs of private corporations, governmental and non-profit
organizations, and public accounting firms. Building upon a student’s undergraduate accounting
background, the program allows students to enhance the requisite leadership and oral and written
communication skills necessary to advance to positions of increasing responsibility within
their chosen career path. The MAcc program may also be structured to satisfy the requirements
to sit for the Uniform CPA Examination in Florida.
Most notably, USF accounting majors have been ranked number one in the
nation, with the highest percentage of candidates with advanced degrees passing all parts of the
CPA exam – placing USF among the top 10 universities more times than any other school in the
country.
A quality accounting program requires highly motivated students, a
dedicated faculty, actively involved alumni, and an outstanding support staff – all of which
MAcc students will find at the USF College of Business Administration. USF faculty and staff
members are dedicated to creating an educational environment that equips MAcc graduates with
the analytical tools required to succeed, and a mastery of the fundamental concepts and
principles involved in the global business arena. The success of our graduates has created a
tradition of excellence, which we continually strive to enhance. Accordingly, the MAcc
curriculum is evaluated regularly for its strength and relevance to changing global issues,
business ethics, and technological innovations.
Program of Study
The MAcc program consists of 30 semester hours of work beyond the
accounting undergraduate degree. Most of the program (21 hours) is devoted to the study of
accounting. The remaining 9 hours consist of study in other business areas, including
economics, entrepreneurship, finance, and information systems and decision sciences, are
elected by the student in consultation with his/her MAcc advisor. MAcc courses are taught only
on the Tampa campus and are offered both day and evening.
Accreditation
All degree programs in the USF College of Business Administration are
fully accredited by AACSB International – The Association to Advance Collegiate Schools of
Business.
ADMISSIONS
Admission to the MAcc program is open to all qualified
individuals holding a four-year bachelor’s degree from an appropriately accredited university
in the U.S., or from a recognized institution in a foreign country. Applicants must have a
cumulative GPA of 3.0 or better in all upper-level accounting courses and a cumulative GPA of
3.0 or better in all work while registered as an upper division student working toward a
baccalaureate degree. A 500 or better score on the GMAT is required.
All applicants must have the equivalent of an undergraduate major in
accounting at USF, including 24 hours of upper-level accounting coursework taken within the
last 5 years. The accounting courses should have been taken at an AACSB accredited U.S.
college or university.
Admission Deadlines
| For Fall Semester |
June 1st |
| For Spring Semester |
Mid-October |
| For Summer Semester |
Mid-March |
All applications, exam
scores and transcripts should be received by the application
deadline. A graduate application is
available at http://admissions.grad.usf.edu.
Revised Curriculum Structure Effective Fall 2006
A revised MAcc curriculum will be effective for students entering the
MAcc program in the Fall 2006 semester. The new curriculum is designed to provide greater
flexibility in responding to the current business environment and to allow students more
freedom to select courses that serve their own particular career objectives.
Students currently in the MAcc program will meet with the MAcc advisor
to modify their program plan in light of the availability of new courses.
The Master of Accountancy curriculum has a set of four required common
core accounting courses. The student may emphasize a particular specialty through a choice of
accounting electives. The sequencing of courses will be determined in consultation with the
MAcc Advisor.
| Required Accounting Courses |
12 |
| ACG 6835 |
Accounting Skills, Values & Information Technology |
3 |
| ACG 6875 |
Financial Reporting and Professional Issues |
3 |
| ACG 6405 |
Advanced Accounting Information Systems |
3 |
| ACG 6932 |
Integrative Accounting Seminar |
3 |
| Accounting Electives (3 courses) |
9 |
| ACG 6476 |
Contemporary Issues in Accounting Information
Systems |
3 |
| ACG 6636 |
Contemporary Issues in Auditing |
3 |
| ACG 6065 |
Contemporary Issues in Taxation |
3 |
| ACG 6346 |
Contemporary Issues in Managerial Accounting |
3 |
| ACG 6936 |
Selected Topics in Accounting |
3 |
| TAX 6445 |
Estate Planning |
3 |
| ACG 5201 |
Advanced Financial Accounting |
3 |
| ACG 5675 |
Internal and Operational Auditing |
3 |
| ACG 5501 |
Governmental/Not-for-Profit Accounting |
3 |
| TAX 5015 |
Federal Taxation for Business Entities |
3 |
| Non-accounting Electives (3 courses; at least
2 courses in the same discipline) |
9 |
| Electives must be approved in advance by MAcc Advisor |
|
| |
|
| Total Semester Hours (At least 21 hours
must be in 6000-level courses) |
30 |
Before taking 6000-level courses on any of USF’s
regional campuses, MAcc students must receive written approval
by Dr. Parrott (wparrott@coba.usf.edu)
USF is accredited by the Commission on Colleges of the
Southern Association Colleges and Schools. USF’s
business and accounting programs are separately accredited
by AACSB International – The Association to Advance Collegiate
Schools of Business.