Accounting professionals and educators have developed the online M.S. in Accounting curriculum intending to develop well-rounded leaders who are masters of both technical and managerial skills. The program consists of 30 credits, or 10 courses of 3 credit hours each, and can be completed in less than a year*.
The program helps students meet the 150-hour requirement for the CPA exam and/or the requirements for the CMA certification.
Click the course name below for more details.
Foundation Courses (9 credits)
*Foundation courses are only required if the applicant has not taken these courses in prior education.
AC 405 Auditing (3 credits)
This course covers audit theory and practice. It emphasizes applying audit theories and procedures in examining a company’s financial statements by a certified public accountant. Auditing standards, professional ethics, legal responsibilities, and current auditing trends are discussed.
Upon completion of this course, students are expected to be able to do the following:
Apply auditing standards
Discuss the auditor’s role concerning legal liability, ethics, and independence
Define internal control and distinguish the major components of internal control
Explain the relationship between evidence and audit risk, and identify and explain the components of audit risk
Apply audit methods and techniques used in practice today
Perform appropriate analytical procedures for various audit types
Apply professional auditing standards, use of evidence, and audit opinion formulation process
Analyze various types of data and relate them to audit procedures.
Prerequisite(s): AC303
AC 308 Federal Taxation (3 credits)
This course provides an introduction to federal income tax law and regulations. Tax provisions and administrative rules pertaining to individuals, corporations, and alternative organizational structures are examined.
Upon completion of the course students are expected to be able to do the following:
Interpret and evaluate the tax code as it applies to taxpayer situations
Identify the advantages and disadvantages of the taxation of different entities
Assess tax and nontax costs of various organizational forms
Compute property transactions to determine depreciation and cost recovery
Evaluate property transactions to determine gain or loss considerations, nontaxable exchanges, capital gains and loss, and recapturing provisions
Prepare tax return schedules for partnerships, C corporations, and S corporations
Analyze tax implications and communicate these findings
Evaluate and analyze tax sources of information related to tax practice and its inherent ethical responsibility
Prerequisite(s): BU300
AC 303 Intermediate Accounting (3 credits)
This course focuses on a comprehensive analysis of financial accounting theory. Topics include the formation of Generally Accepted Accounting Principles (GAAP), financial statement presentation and valuation, revenue recognition concepts, time value of money, cash and marketable securities, accounts receivable, and inventories. Students critically examine the principles of real-world financial analysis and reporting issues.
Upon completion of this course, students are expected to be able to do the following:
Assess the environment of financial reporting and rulemaking
Use critical decision-making skills to meet the objectives of financial reporting
Prepare financial statements and disclosure according to GAAP, including the disclosure requirements for the balance sheet, income statement, statement of stockholder equity, and the statement of cash flows
Examine the inventory process in accounting, ending inventory, and cost of goods sold under multiple inventory valuation methods, including dollar value LIFO, and lower cost or market methods
Examine the codes of ethics and theoretical frameworks for various accounting professional organizations
Relate SOX and systems and controls in accounting by various types of accounting software to financial reporting and decision making
Know the requirement of the accounting profession concerning continuing professional education (CPE) and certifications (CPA, CIA, CMA, etc.)
Examine business data and apply financial ratios for analysis
Prerequisite(s): BU300
Core Courses (24 credits)
ACCT 600 Financial Communication (3 credits)
The course provides students with an understanding of how accounting and other information necessary to assess a firm’s economic status is created, packaged, and disseminated to a company’s management team and external users such as investors, customers, analysts, and the financial media. The course also covers academic writing used in the program and information literacy required for research.
Upon completion of this course, students are expected to be able to do the following:
Evaluate methods used to communicate complex accounting concepts
Interpret how effectively annual reports communicate an organization’s objectives
Develop different communication strategies for all stakeholders
Employ multimedia, hypermedia, and electronic literature resources to gather and distribute accounting and business knowledge and information
Employ clear writing and speaking skills appropriate to the audience
Capture ideas, data, and relationships visually
ACCT 610 Leadership and Ethics (3 credits)
This course covers how accounting leaders assist a company in making strategic financial decisions and explores the relationship between ethics and leadership. Students learn behaviors to accelerate high performance and create an ethical environment.
Upon completion of this course, students are expected to be able to do the following:
Develop a definition of ethical leadership that encompasses social responsibility and civic engagement
Use tools for conflict resolution, managing diversity, and building teams
Evaluate team strategies that enhance team productivity
Analyze organizational theories of managing strategically
Assess the congruence between personal norms and ethical principles
Demonstrate respectful engagement with others’ ideas, behaviors, and beliefs
Apply diverse frames of reference to decisions and actions
Resolve issues based on evidence weighed against relevant criteria
ACCT 620 Accounting Information Systems (3 credits)
This course is designed to present an understanding of accounting information systems and their role in the accounting environment. Particular attention is paid to accounting information systems concerning organizational goals, relational databases, internal control processes, risks, and management reports.
Upon completion of this course, students are expected to be able to do the following:
Evaluate how accounting information systems align with organizational goals
Analyze the impact of accounting information systems on managing organizational risk
Summarize the advantages and disadvantages of enterprise resource management systems
List internal controls as they apply to accounting information systems
Develop a contingency plan for disaster preparedness and data recovery
Prepare and evaluate flowcharts of business processes from a narrative
ACCT 630 Advanced Audit and Internal Controls (3 credits)
This course builds upon previous auditing coursework through the use of case studies. It provides an in-depth analysis of selected advanced topics in auditing, including developing an understanding of the (1) code of professional ethics of the auditing professions, (2) fundamental principles underlying an audit performed following generally accepted auditing standards, (3) impact of information technology in the conduct of an audit, and (4) how audit sampling is used in an audit. In addition, the factors that impact audit risk are analyzed, and the impact of internal controls on the conduct of an audit are evaluated.
Upon completion of this course, students are expected to be able to do the following:
Understand the philosophy, environment, and code of ethics of the auditing profession
Examine the fundamental principles underlying an audit performed following generally accepted auditing standards
Interpret and use audit sampling in the conduct of an audit
Articulate management and auditor responsibilities concerning internal control under the Sarbanes-Oxley Act
Evaluate the use of internal controls by top management and governing boards for organizations
Determine audit risk and assess its impact on an audit
Assess the impact of information technology in the conduct of an audit
ACCT 650 Forensic Accounting and Fraud Analysis (3 credits)
This course examines fraud schemes and addresses fraudulent financial reporting, misappropriation of assets, and corruption. Students learn how to develop evidence to support a fraud case through litigation assistance and expert testimony techniques.
Upon completion of this course, students are expected to be able to do the following:
Research fraud issues and internal control within the workplace to recommend a course of action
Identify common fraud schemes and fraudulent financial reporting
Identify the evidence of misappropriation of assets
Identify and evaluate criminal activity related to accounting fraud
Develop evidence to support a fraud case through litigation support and expert testimony techniques
Research the role of technology in the forensic accounting profession
This course emphasizes cost accounting as a source of data for measuring and improving the economic condition of the business. Topics include strategic planning and control, cost analysis, overhead allocation, and financial statement analysis.
Upon completion of this course, students are expected to be able to do the following:
Apply advanced managerial accounting concepts and tools to make more informed and effective decisions
Assess, interpret and evaluate various issues faced by business organizations
Provide a recommendation for strategic management decision-making
Create forecast projections
Analyze financial statements and recommend a course of action
Prepare a strategic plan and annual budget
ACCT 670 Taxation and Business Decisions (3 credits)
This course examines the relationship between managerial decision-making and taxes. Topics include the different entities and the impact of tax considerations in business decisions such as corporate structure, reorganization, and compensation.
Upon completion of this course, students are expected to be able to do the following:
Research the differences and similarities between federal taxation and business law
Explain the advantages and disadvantages of the taxation of different entities
Analyze the taxation rules for mergers and acquisitions for a company
Analyze how taxes impact and influence business decisions
Compare the tax treatments among foreign branches and foreign subsidiaries
Assess tax and nontax costs of various organizational forms
ACCT 680 Contemporary and Emerging Issues (3 credits)
This course identifies developing areas in accounting and encourages students to research the issues, think critically, evaluate alternatives and communicate conclusions orally and in writing. The course addresses the role of the contemporary accountant, international accounting standards, the future of the Financial Accounting Standards Board (FASB), standard-setting and regulation, ethics, and other developing issues.
Upon completion of this course, students are expected to be able to do the following:
Examine and summarize the role that the accountant plays as a strategic business partner
Analyze the historical and current accounting standard-setting process
Compare International Standards to US GAAP
Research and summarize current accounting emerging issues
Analyze the current Congressional business tax rulings
Communicate conclusions with clarity and coherence
Elective Course (3 credits): Select One
ACCT 640 Nonprofit and Government Accounting (3 credits)
This course introduces the concepts and practices of accounting for nonprofit entities and state and local governments. Topics include the role and process of budgeting in governmental and nonprofit organizations and financial analysis.
Upon completion of this course, students are expected to be able to do the following:
Identify and articulate the roles and responsibilities of a nonprofit board of directors and the management team
Apply generally accepted governmental and nonprofit financial reporting principles
Identify the accounting similarities and differences between nonprofit entities between private business enterprises
Prepare financial statements, notes, and supplementary information to meet the external reporting requirements of a nonprofit entity
ACCT 645 Data Analytics for Accounting (3 credits)
This course uses data analytic processes and models to identify, translate, test, and communicate financial information. Students learn to identify data quality and reliability and explore problem-solving through statistical data analysis.
Upon completion of this course, students are expected to be able to do the following:
Explain why data analytics matters to accountants
Apply and translate accounting data
Analyze and visualize data sets of an organization
Develop and interpret results of KPIs and financial analysis
Interpret and evaluate using the IMPACT approach
Prepare text mining and sentiment analysis on financial statement data
Communicate financial reporting data in a professional and engaging manner
HRM 601 Human Resource Management Strategy (3 credits)
This course examines human resource management in business policy and competitive strategy. The core competencies required to become a successful human resource manager are discussed. Topics include an overview of business policy, the role of human resource planning, strategic human resource management, and using technology for planning and administering human resource functions.
Upon completion of this course, students are expected to be able to do the following:
Outline the core competencies needed to become a successful human resource manager
Analyze how business strategy, competition, labor markets, technology, labor unions, and government regulations affect human resource planning activities, including skill inventories and supply/demand forecasting
Formulate how human resource policies, systems, and organizational design support an organization’s business strategy
Appraise employment practices related to recruitment, selection, and performance management
Evaluate training and development practices such as career counseling, needs assessment, and career pathing
PRM 600 Foundations of Project Management (3 credits)
This foundation course covers key terminology, project management context, and the project management framework. This framework includes the project management knowledge areas and the project process groups.
Upon completion of this course, students are expected to be able to do the following:
Apply key project management terms
Analyze the environment in which projects operate
Describe a generalized view of how the various project management processes commonly interact
Identify project integration, scope, schedule, cost, quality, resource, communications, risk, procurement, stakeholder management process inputs, tools and techniques, and outputs
Analyze stakeholder needs and expectations
Interpret the role of the project manager
Initiate a project by creating a project charter and analyzing stakeholder needs
Apply university and workplace citation and documentation carefully to all assignments
MBA 643 Corporate Finance (3 credits)
This course examines the principles of corporate finance and the tools and practices used in financial decision-making. It examines the treasury function of an organization and the decisions made by the treasurer. Topics include long-term financing, capital budgeting decisions, beta, debt-equity options, dividend policy analysis, and IPOs.
Upon completion of this course, students are expected to be able to do the following:
Use tools and techniques of corporate finance
Support treasurer level decision-making with financial information
Demonstrate the ability to make capital budgeting decisions
Create a dividend policy
Prepare financial information necessary to take a company public
CYBR 600 Foundations of Cybersecurity (3 credits)
This course provides an overview and foundational understanding of concepts essential to the cybersecurity professional to evaluate best practices in implementing security systems within the enterprise. This course covers key bodies of knowledge in security, privacy, and compliance. Topics include security planning, risk management, security technologies, basic cryptography, digital forensics, application security, intrusion detection and prevention, physical security, and privacy issues.
Upon completion of the course, students are expected to be able to do the following:
Apply the principles of information technology security
Analyze situations of computer and network usage from a security perspective to develop a security mindset
Explain information security’s importance in our increasingly computer-driven world
Identify appropriate strategies to ensure confidentiality, integrity, and availability of information
Express management’s role in the development, maintenance, and enforcement of an information security program
Describe the relationship among laws, regulations, and professional issues in information security
Articulate how cryptography serves as the central language of information security
Analyze how physical security fits within an information security program
Define the roles of computer forensics in information security
Apply basic software tools for assessing the security posture of a business
Explain how issues of privacy relate to business information security
BIA 620 Business Analytics (3 credits)
This course focuses on the complex nature of analytics at the enterprise level. Emphasis is placed on the techniques companies use to turn information into an asset. Leadership and communication techniques are examined. Additional topics include leveraging proprietary data, technology, and organizational performance. Best practices in project management are explored.
Upon completion of this course, students are expected to be able to do the following:
Differentiate company products and services by monitoring and analyzing usage patterns
Assess the financial aspects involved in a company’s analytics maturity cycle
Integrate an enterprise perspective in coordinating the work of analysts to gain the greatest business value
Apply business analytics strategy to complex scenarios
Capstone Course (3 credits)
ACCT 690 Master’s Capstone (3 credits)
This course blends accounting theory, practice, and research. Students demonstrate leadership and strategic decision-making skills along with advanced knowledge of accounting. Students present findings to colleagues and professionals in the field.
Upon completion of this course, students are expected to be able to do the following:
Apply learned research skills to investigate an entity
Analyze the financials of an organization.
Interpret results of the financial analysis
Develop a course of action based on research on analysis
Prepare a management summary of the research and analysis
Present findings in a professional and engaging manner
Stackable Graduate Certificates
Choose from a selection of graduate certificate programs designed to accelerate your degree and help you achieve your goals faster. Each of Saint Mary’s Accelerators requires the completion of 12 to 15 credits and adds only six additional credits (two courses) to your degree program, allowing you to complete extra credentials while saving time and money. Choose a certificate in a content area of interest:
Saint Mary’s supports your success by providing you with the tools necessary to not only achieve your professional goals but to share them with the world—especially the digital world.
As part of our commitment, Saint Mary’s offers an opportunity for you to be awarded digital badges. Digital badges are a graphic verification representing your achievement after completing a specific online course or program.
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