Accountancy, Master of Science (MAC)

Program Overview

The Master of Science in Accountancy (MAC) is designed to prepare students for a career in public, corporate, or private accounting. The MAC is designed with options to accommodate both students with significant accounting courses or holding an undergraduate degree in accounting, and students with few or no undergraduate accounting courses or degree. Students may be excluded from foundation and waived from some of the core courses depending on prior coursework. Students who have completed accounting courses outside of Walsh may be required to take an assessment exam. Core courses that are waived will need to be replaced with additional electives. The MAC program consists of 12-16 courses for 36-48 credits. The MAC degree requires a minimum of 24 semester credit hours in core and elective credits in residence at Walsh.

Program Requirements

MAC Foundation Courses

ACC 500FINANCIAL ACCOUNTING

3

ACC 501INTERMEDIATE ACCOUNTING I

3

ACC 502INTERMEDIATE ACCOUNTING II

3

MGT 502FOUNDATIONS FOR BUS SUCCESS

3

MAC Core Courses

ACC 503FINANCIAL ACCOUNTING CONCEPTS

3

ACC 506ACCOUNTING INFO SYSTEMS

3

ACC 511BUSINESS COMBINATIONS

3

ACC 512GOV'T & NOT-FOR-PROFIT ACC

3

ACC 515AUDITING

3

ACC 519ADVANCED MANAGERIAL ACC

3

COM 510LEADERSHIP COMMUNICATION

3

TAX 595TAX AND BUSINESS TAXATION I

3

TAX 596TAX AND BUSINESS TAXATION II

3

TAX 598TAX RETURN SEMINAR

3

MAC Electives

Choose 2 courses from the following:

ACC 550ADVANCED AUDITING

3

ACC 570FORENSIC & INVESTIGATIVE ACC

3

ACC 574INDUSTRY ACC & AUDITING

3

ACC 577PAYROLL AND EMPLOYEE BENEFITS

3

ACC 578ACCOUNTING FOR INCOME TAXES

3

ACC 580BUSINESS LAW FOR ACCOUNTANTS

3

ACC 588ACCOUNTING INTERNSHIP

3

FIN 620FINANCIAL MANAGEMENT

3

TAX 507TAX ACCOUNTING

3

TAX 510BASIC CONCEPTS IN CORP TAX

3

TAX 525ADV CON IN CORP TAX & CON RTR

3

TAX 532INCOME TNSFR TAX CONS T&E

3

TAX 540TAX PRACTICE AND PROCEDURE

3

TAX 599INTRO TO TAX RESEARCH

3

MAC Additional Electives (if needed)

Choose from the approved MAC electives listed above.

Taxation Concentration

A concentration in taxation is available in the MAC program. This concentration consists of TAX 595, TAX 596 and TAX 598 combined with two TAX electives from the list of allowable MAC electives.

Graduation Requirements

Students must complete the prescribed requirements to graduate with a master’s degree from Walsh.

  • Complete the program of study within a period of 60 calendar months (five years) from the initial date of course enrollment (as designated by the first semester attended on the student’s Walsh transcript). Extensions to this time requirement will only be granted upon review of the request by the chief academic officer or designee.
  • Students preparing for graduation must file an official Application for Graduation Form with the Records and Registration office. Students can make an appointment with an academic advisor to review graduation requirements.
  • Students are limited to no more than 6 semester credit hours of courses in directed study, practicum and/or internships.
  • Earn a minimum of 36 graduate semester credit hours, which may include up to a maximum of 12 semester credit hours of advanced standing, therefore requiring 24 semester credit hours of core and elective credits in residence in the MAC program.
  • MAC program for accounting graduates must earn a minimum of 36 graduate semester credit hours which may include up to a maximum of 12 semester credit hours of advanced standing, therefore requiring a minimum of 24 semester credit hours in residence in the MAC program.
  • Earn a grade of “C” (2.000) or better in each course counted towards graduation.
  • Achieve a cumulative grade point average of “B” (3.000) or better within the degree requirements at Walsh.