MASTER OF SCIENCE IN ACCOUNTING

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Program Coordinator: Tami Park

The Master of Science in Accounting program at the University of Providence prepares students for professional careers in accounting. The program builds on undergraduate accounting, business and general education, providing advanced competencies in the practice and theory of financial accounting, auditing, taxation, law, not-for profit and governmental accounting. In addition, students will learn research methods, organizational behavior, communications, and other business and professional areas. A graduate level accounting program is one way to complete accounting coursework that prepares the student to sit for the Certified Public Accounting (CPA) exam. Most states require completion of 150 hours of undergraduate and graduate level accounting courses as a qualification to sit for the CPA exam. Often, students with a bachelor’s degree in accounting have not earned enough credits to qualify for the CPA exam.

The program provides excellent preparation for other professional accounting examinations such as the Certified Management Accountant (CMA) exam, the Certified Financial Manager (CFM) exam, the Certified Fraud Examiner (CFE), the Certified Government Financial Manager (CGFM), or the Certified Internal Auditor (CIA) exam.

Degree Objectives

Reflective Scholarship:

  • To produce graduates who will analyze, evaluate and apply the key concepts, theories of accounting as they apply to the challenges and opportunities in a diversity of organizations in the private and public sectors.

Reflective Learning:

  • To give students the necessary tools to communicate orally and in writing to a variety of community and professional audiences.
  • The goal of the program is instill in the students an awareness and application of ethical and legal principles and judgments for accountings as they apply in a wide range of organizations.

Reflective Practice:

  • Demonstrate effective development, implementation, and evaluation of financial plans and financial outcomes to expand the effectiveness of organizations.

A program advisor will evaluate undergraduate coursework to determine whether prerequisite courses have been fulfilled. Typically, students with an undergraduate degree in an area other than business or accounting will need to complete all of the required prerequisites before seeking admission to the program. Those with business or accounting degrees may have satisfied some or all of the prerequisites. Completion of the prerequisite courses does not guarantee admission into the MS in Accounting program

Prerequisite Courses

ACC   201   Principles of Financial Accounting

ACC   202   Principles of Managerial Accounting

ACC   341   Fundamentals of Taxation

ACC   371   Intermediate Financial Accounting I

ACC   372   Intermediate Financial Accounting II

ACC   380   Principles of Cost Management

ACC   422   Principles of Attestation and Auditing

ACC   425   Advanced Financial Accounting I

ACC   481   Advanced Cost Management

BUS   335   Commercial Law

 

Transfer Credit

The concentration will follow the transfer credit policy of the University Graduate Programs as stated in the graduate catalog.

Core Required Credits 

MSC 516 Statistics and Research Methods – 3

MSA 503 Budgeting and Financing Organization (Finance) – 3

MSA 504 Organizational Behavior and Communications (Diversity) – 3

MSA 695 Internship/ Project OR

MSA 699 Thesis – 3

Total Core Credits Required – 12

 

Accounting Concentration Required Credits

MSA 515 Governmental ad Not for Profit Accounting – 3

MSA 523 Advanced Attestation – 3

MSA 526 Advanced Financial Accounting – 3

MSA 527 Accounting Seminar – 3

MSA 528 Advanced Taxation – 3

MSA 529 International Accounting for Multinational Enterprises – 3

Total Accounting Concentration Credits Required – 18

 

Electives Required Credits (complete 2 of the following) 

MSA 500 Management Information Systems – 3

MSA 508 Personnel Management and Administration – 3

MSA 530 Marketing Organizations – 3

MSA 592 Special Topic or Travel Course – 3

MSA 512 Grant Writing and Administration – 3

MSA 520 Systems Design and project management – 3

MSA 610 Leadership and Innovation in Organizations – 3

MSC 526 Professional Ethics – 3

Total Elective Credits Required – 6

 

Total Credit Hours Required – 36

Students who have had course work equivalent to Advanced Financial Accounting, Advanced Attestation, and International Accounting for Multinational Enterprises will be required to take other elective courses in the program to meet the concentration requirements.

 

Accounting Concentration

MSM 515 – Odd Spring Semesters

MSM 523 – Even Spring

MSM 526 – Even Fall

MSM 527 – Even Spring

MSM 528 – Odd Fall

MSM 529 – Odd Fall

 

Additional Courses Catalog Descriptions

Required Accounting Concentration Courses

  • MSM 515 Governmental and Not for Profit accounting will explore the fundamentals of governmental and not-for-profit accounting. This course will pursue an understanding of general, governmental, not-for-profit and health care accounting, financial reporting, and financial statement analysis. This course will benefit accounting students who are preparing for the Uniform Certified Public Accountant (CPA) examination and for civil service and the Certified Government Financial Manager (CGFM) examination. Public administration majors who seek to be employed by governmental and not-for-profit organizations, including the federal and state government, health care entities, colleges and universities, and voluntary health and welfare organizations.
  • MSM 523 Advanced Audit and Attestation will explore the application of the audit process to the accounting cycles and the process of completing the audit and other assurance and nonassurances services. The course will also cover internal and governmental financial auditing and operational auditing. Prerequisite for the course is ACC 372, Statistics, ACC 422, ACC 481
  • MSM 526 Advanced Financial Accounting will cover home office and branch accounting, foreign currency concepts and reporting, and segment and interim financial reporting. The formation, operation, changes in ownership interest, and liquidations of partnerships, corporation liquidations and reorganizations. The course will also discuss the SEC Influence on Accounting and accounting for Estates and Trusts. Prerequisite for the course is ACC 425
  • MSM 527 Contemporary Accounting Issues will concentrate on the integration of accounting theory and practice through practical simulation problems, and research. Prerequisite for the course is MSM 526
  • MSM 528 Advanced Taxation will exploration of the influences of taxes on business decisions and the application of tax law to corporations and partnerships, trusts, estates and gifts through practical case studies and research. Prerequisite ACC 442
  • MSM 529 International Accounting for Multinational Enterprises will explore International Accounting Standards. International accounting control systems, multinational strategy, comparative systems and practices, international taxation, and foreign external auditing. The course will concentrate on the integration of accounting theory and practice through practical simulation problems, and research. Prerequisite for the course is MSM 526