Courses

Required Courses:
MACC 500. Advanced Financial Accounting. 3 credits
GBUS 502 Business and Accounting Ethics. 3 credits
MACC 512 Seminar in Accounting Research & Communication. 3 credits
GBUS 520 Financial Operations. 3 credits
MACC 530 Auditing. 3 Credits
GBUS 540 Quantitative Methods and Tools in Accounting. 3 Credits
MACC 542 Advanced Tax. 3 Credits
MACC 572 Computer Auditing and IT Controls. 3 Credits 

Elective Courses:
MACC 535 Advanced Auditing. 3 Credits
MACC 550 Seminar in Advanced Managerial Accounting. 3 Credits
MACC 560 Advanced Financial Reporting Issues. 3 Credits
MACC 571 Advanced Accounting Information Systems. 3 Credits
MACC 582 thru 591 Graduate Internships. Up to 6 Credits
MACC 590 Graduate Seminar: Topics in Accounting. 3 Credits
MACC 599 Graduate Independent Study in Accounting. 3 Credits

MACC 500. Advanced Financial Accounting.  3 credits
The course will continue the study of financial accounting begun in the undergraduate experience.  Students will be expected to apply prior acquired knowledge to the study of organizations such as partnerships and consolidated entities.  Accounting for international entitles and transactions will be discussed along with International Accounting standards.  The important role of accountants and auditors in creating, disseminating and explaining financial statements and business transactions is an integral aspect of the course. Prerequisites: Admission to the Program. (top) 

GBUS 502 Business and Accounting Ethics. 3 credits
The course will involve a critical evaluation of the ethical implications for business and audit decisions.  Individual as well as organizational consequences will be explored by examining a variety of cases and real-life situations. Prerequisites: Admission to the Program. (top) 

MACC 512 Seminar in Accounting Research & Communication. 3 credits
This course will discuss current accounting concepts.  Topic material will include discussion of financial accounting pronouncements by FASB, or other prominent accounting standard setting groups.  Computerized accounting research tools will be utilized.  Students either on an individual or group basis will be expected to pick a topic of interest for which they will conduct further research. Prerequisites: Admission to the Program. (top) 

GBUS 520 Financial Operations. 3 credits
The role of the financial manager is examined in context with the legal operating and tax environment of contemporary business firms. Attention is focused on financial analysis and planning, the time value of money, risk-return relationships, cash flow and asset/liability management as well as investment priorities, capital structure, valuation techniques and capital budgeting applications. Special concerns dealing with mergers, restructuring and international finance are also addressed. Prerequisites: Admission to the Program. (top) 

MACC 530 Auditing. 3 Credits
This course covers the role of the auditor, the audit process, the public accounting profession, audit risk and materiality, fraud, audit methods and techniques, audit planning, internal control, the effects of information technology on the audit, auditing revenue, receivables and inventories, professional ethics, legal responsibilities, emerging assurance services and recent developments in the auditing profession. Prerequisites: Concurrent with GBUS 540 Quantitative Methods and Tools in Accounting. (top) 

GBUS 540 Quantitative Methods and Tools in Accounting. 3 Credits
This course is a study of quantitative methods and tools for accountants.  Topics will include the following: sampling theory and techniques for auditing, probability theory, regression analysis including multivariate regression, linear programming and Excel as an advanced problem solving tool. Prerequisites: Admission to the Program. (top) 

MACC 542 Advanced Tax. 3 Credits
This course provides a more in depth discussion of the taxation of entities other than individuals.  Topics include the taxation of Subchapter C or ‘regular’ corporations and the tax effects of transactions with shareholders: from organization, to operation, to termination or liquidation.  Similar tax provisions relating to Subchapter S corporations and partnerships are also covered and compared and contrasted with those of Subchapter C corporations.  An introduction to multistate taxation will be made with an emphasis on the taxation of entities in New York State.  Coverage of federal gift and estate tax provisions will be incorporated as well.  Building on the research skills acquired in the undergraduate taxation course students will research, analyze and communicate conclusions about issues related to the above topics. Prerequisites: Admission to the Program. (top) 

MACC 572 Computer Auditing and IT Controls. 3 Credits
This course explores security and control issues from an accounting and auditing perspective related to technology as it impacts business applications. Relevant technology and systems issues will be discussed. Topics may include security and control related to e-commerce, the Internet and computer assisted auditing. Prerequisites: Admission to the Program. (top) 

MACC 535 Advanced Auditing. 3 Credits
This course examines auditing concepts and issues in depth. A special focus exists on audit evidence and how auditors make decisions. Some topic areas include ethics, analytical review, fraud and the role of technology. Prerequisites: MACC 530 Auditing or equivalent. (top) 

MACC 550 Seminar in Advanced Managerial Accounting. 3 Credits
This course involves the in-depth study of advanced managerial accounting techniques and theories.  Topics will include the following: working capital, capital budgeting, CVP analysis, decision making, cost allocation, master budget, variances, responsibility accounting, quality control, benchmarking, strategy, best practices, ethics and other current managerial accounting topics. Prerequisites: Admission to the Program. (top) 

MACC 560 Advanced Financial Reporting Issues. 3 Credits
This course will involve the study of current accounting topics of interest to the CPA community.  These areas could involve new standards published by FASB, IASB, or the AICPA.  The topics will integrate practical and theoretical implications of the issues on global economic issues, business, contemporary society and ethical or moral positions. Prerequisites: Admission to the Program. (top) 

MACC 571 Advanced Accounting Information Systems. 3 Credits
This course overviews current information systems concepts.  Students will be instructed in the design and implementation of AIS in a database environment.  Some topics addressed by the course are expected to change from year to year as new issues, technologies, etc. emerge.  Topics that are covered may be drawn from the AICPA’s Top Ten Technologies List.  Examples of topics include: Computer Crime, XML (eXtensible Markup Language), XBRL (eXtensible Business Reporting Language) and e-commerce issues such as encryption. Prerequisites: Admission to the Program. (top) 

MACC 582 thru 591 Graduate Internships. Up to 6 Credits
Field study experience in Accounting/Auditing will explore career opportunities and field work in public accounting firms, corporate and Not-For-Profit accounting offices and accounting or auditing offices of NYS agencies and local government. Students will work 120 to 150 hours per semester for each three-credit internship. Each graduate internship will expose the student to a different functional area of the organization requiring the student to develop a new skills set. Prerequisites: Admission to the Program. (top) 

MACC 590 Graduate Seminar: Topics in Accounting. 3 Credits
The course is intended to provide opportunities for concentrated study at an advanced level in areas beyond the scope of regular course offering including topics of current concern and topics specifically identified as meeting specialized interests of students. This course is offered on an irregular basis. It may be taken more than once with different course content. Approval of the Instructor is required. Prerequisites: Admission to the Program. (top) 

MACC 599 Graduate Independent Study in Accounting. 3 Credits
A qualified graduate student may pursue a particular project/topic in the field of Accounting. The project requires the approval of the faculty member involved and the M.S. in Accounting Director. Only one independent project may be undertaken in any academic year. The student must possess adequate preparation in the field that will be studied as determined by the professor. Prerequisites: Admission to the Program. (top)