Master of Accountancy (M.Acy.) Major in Accounting

Major Program

The master of accountancy (M.Acy.) program is designed to broaden the educational experience of individuals preparing for a career in the public accounting profession. Students explore the social, ethical, and environmental effects of accounting information on those who rely on it for their decision making needs. The M.Acy. program can be used to satisfy the 150-hour education requirement for the Certified Public Accountant (CPA) exam in Texas.

Application Requirements

The items listed below are required for admission consideration for applicable semesters of entry during the 2017-2018 academic year. Submission instructions, additional details, and changes to admission requirements for semesters other than the 2017-2018 academic year can be found on the program’s web page. International students should review the International Admission Documents section of the catalog for additional requirements.

  • completed online ApplyTexas application
  • $40 nonrefundable application fee
  • $50 nonrefundable international evaluation fee (if applicable)
  • baccalaureate degree from a regionally accredited university
  • official transcripts required from each institution where course credit was granted
  • a competitive GPA in your last 60 hours of undergraduate course work (plus any completed graduate courses)
  • essays
  • resume/CV
  • two forms of recommendation
  • official GRE or GMAT scores required with a preferred competitive minimum
    • A GRE or GMAT waiver may be available for Texas State accounting undergraduate applicants who have:
      • provided at least two satisfactory reference forms from Texas State faculty
      • earned a minimum of a 3.4 GPA or higher in upper-level accounting courses
      • earned a minimum of a 3.2 GPA or higher in the last 60 hours of undergraduate course work

TOEFL or IELTS Scores

Non-native English speakers who do not qualify for an English proficiency waiver:

  • official TOEFL iBT scores required with a 78 overall and minimum individual module scores of
    • 19 listening
    • 19 reading
    • 19 speaking
    • 18 writing
  • official IELTS (academic) scores required with a 6.5 overall and
    • minimum individual module scores of 6.0

This program does not offer admission if the scores above are not met.

Degree Requirements

The requirements for the M.Acy. degree program consist of satisfactory completion of the following:

  1. Four M.Acy. core courses in accounting. 
  2. BLAW 5364 Commercial Law
  3. At least three graduate accounting elective courses.
  4. At least two graduate business elective course.
  5. Successful completion of the comprehensive examination.

The M.Acy. degree consists of three requirements: background courses, graduate core courses, elective courses. The M.Acy. degree does not have a thesis requirement but does have a comprehensive exit exam requirement.

Graduate Core

In addition to satisfying the background courses, all M.Acy. students must complete 15 semester hours of graduate core courses. Students must satisfy all prerequisites of a graduate course before enrolling in the course.  

Elective Courses

In addition to the 15 semester hours of core courses, students must complete 15 hours of graduate-level accounting and business electives. Students must satisfy all prerequisites of an elective course before enrolling, including any undergraduate accounting prerequisites. 

Course Requirements

(No Specialization)

Core
ACC 5316Advanced Accounting3
ACC 5350Professional Accounting Research3
ACC 5366Business Entity Taxation3
ACC 5389Corporate Governance and Ethics3
BLAW 5364Commercial Law3
Electives
Choose nine hours from the following:9
Financial Statement Reporting and Analysis
IT Auditing
Cost and Managerial Accounting Theory
Seminar in Auditing
Special Studies in Accounting
Internship in Accounting
Fraud Detection and Prevention
Business Information Consulting
International Accounting
Mergers, Acquisitions, and Consolidations Taxation
Sustainability Reporting
Graduate Business Electives
Choose six hours from the following:6
The Employment Relationship
Law and Ethics in the Business Environment
Business Law for Entrepreneurs
Legal Issues in International Business Law
Legal Issues of Sustainability and Responsibility
Database Management Systems
Business Telecommunications
IT Systems Project Management
E-Commerce: Strategies, Technologies, and Applications
Data Warehousing and Mining
Information Security
Enterprise Resource Planning
International Economics
Emerging Market Economies
Portfolio Theory and Capital Markets
International Finance
International Investments and Financial Management
Real Estate Investment
Organizational Change Management
Process Improvement Management in Organizations
Seminar in Management
New Venture Management
Cross-Cultural Management
Supply Chain Management
Managing Business Creativity
Seminar in Human Resource Management
New Venture Launch
International Management-Latin America
Business Research Methods
Managing the Communication Process
Graduate Business Internship
Marketing Research Methods
Global Marketing and the Value Chain
International Marketing
Integrated Marketing Communications
Services Marketing
Independent Study in Marketing
Quantitative Methods
Introduction to Forecasting and Simulation
Total Hours30

M.Acy. students must complete a comprehensive examination at the end of the program to satisfy university requirements.

Specialization in Auditing 

Core
ACC 5316Advanced Accounting3
ACC 5350Professional Accounting Research3
ACC 5366Business Entity Taxation3
ACC 5389Corporate Governance and Ethics3
BLAW 5364Commercial Law3
Electives
ACC 5320Auditing3
ACC 5355IT Auditing3
ACC 5371Accounting Information Systems3
ACC 5370Internship in Accounting3
or ACC 5373 Fraud Detection and Prevention
Graduate Accounting or Business Electives
Graduate Business Course3
Total Hours30

Specialization in Corporate Accounting and Control

M.Acy. Core Courses
ACC 5316Advanced Accounting3
ACC 5350Professional Accounting Research3
ACC 5366Business Entity Taxation3
ACC 5389Corporate Governance and Ethics3
BLAW 5364Commercial Law3
M.Acy. Elective Courses
ACC 5320Auditing3
ACC 5362Cost and Managerial Accounting Theory3
B A 5352Developing the Financial Perspective of the Firm3
ACC 5370Internship in Accounting3
or FIN 5387 Managerial Finance
Graduate Accounting or Business Electives
Graduate Business Course3
Total Hours30

Specialization in Information Technology

Core
ACC 5316Advanced Accounting3
ACC 5350Professional Accounting Research3
ACC 5366Business Entity Taxation3
ACC 5389Corporate Governance and Ethics3
BLAW 5364Commercial Law3
Electives
ACC 5355IT Auditing3
ACC 5371Accounting Information Systems3
ACC 5375Business Information Consulting3
ACC 5370Internship in Accounting3
or CIS 5355 Database Management Systems
or CIS 5358 IT Systems Project Management
or CIS 5364 Data Warehousing and Mining
or CIS 5368 Information Security
or CIS 5370 Enterprise Resource Planning
Graduate Accounting or Business Electives
Graduate Business Course3
Total Hours30

Specialization in Taxation

Core
ACC 5316Advanced Accounting3
ACC 5350Professional Accounting Research3
ACC 5366Business Entity Taxation3
ACC 5389Corporate Governance and Ethics3
BLAW 5364Commercial Law3
Electives
ACC 5372Tax Research3
ACC 5377Partnership Taxation3
ACC 5378Tax Practice, Procedures, Audits and Controversy3
ACC 5370Internship in Accounting3
Or Tax Elective
Graduate Accounting or Business Electives
Graduate Business Course3
Total Hours30

Courses for CPA Eligibility

All graduates will have the 30 upper-level accounting hours and ethics course required to sit for the CPA Exam in Texas, however, graduates may still need 24 hours of related business course work. To be eligible to sit for the CPA exam in Texas, the candidate must have 24 hours of upper level business courses. The 24 hours may be completed at a community college or university, at the undergraduate or graduate level. There is a limit of 6 hours in any one area (i.e., management, economics, business law, etc.). Additionally, business statistics and communication may be used to meet this requirement. For further information, please consult with the Texas State Board of Public Accountancy http://www.tsbpa.state.tx.us/.

Master's level courses in Accounting: ACC

Courses Offered

Accounting (ACC)

ACC 5315. Selected Topics in Financial Accounting.

The study of specialized financial accounting topics, existing and prospective, necessary for an advanced understanding of financial reporting. Topics include: pensions and post-retirement benefits, deferred taxes, derivatives, share-based payments, interim and segment reporting and emerging issues of the Emerging Issues Task Force. Prerequisite: ACC 3314 with a grade of “B” or better.
Read More [+] about Selected Topics in Financial Accounting

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Selected Topics in Financial Accounting

ACC 5316. Advanced Accounting.

A study of accounting for business combinations and consolidated financial statements. Additional selected topics may include accounting for multinational operations, interim reporting, SEC reporting, partnership and governmental and not-forprofit accounting. Prerequisite: ACC 3314 with a grade of “B” or better.
Read More [+] about Advanced Accounting

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Advanced Accounting

ACC 5320. Auditing.

A study of the underlying theory of external financial auditing including professional ethics, auditing standards and procedures, and the role of auditor’s judgment. (Suggested for CPA eligibility). Prerequisites: ACC 3314 and ACC 4313 with grades of “B” or better.
Read More [+] about Auditing

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Auditing

ACC 5340. Individual Income Tax.

A study of the tax concepts and issues involved in an individual’s employment and personal life, and in sole proprietorships, property transactions, tax administration and tax practice. Regulatory and ethical issues are incorporated into the discussion. This course may not count as an elective in any master's program in the McCoy College of Business. Prerequisite: ACC 3313 with a grade of “B” or better.
Read More [+] about Individual Income Tax

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Individual Income Tax

ACC 5350. Professional Accounting Research.

This course provides a study of the sources of authoritative standards in financial accounting. The course develops procedures for identifying the applicable accounting issues, locating appropriate authority, and communicating the results of professional research. Prerequisite: ACC 3314 with a grade of “B” or better.
Read More [+] about Professional Accounting Research

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Professional Accounting Research

ACC 5352. Financial Statement Reporting and Analysis.

A study of financial statement reporting and analysis. Use of tools and skills will be used to analyze and interpret financial reports for assessing financial performance of firms to facilitate investment, lending, and other financial decisions in a variety of business contexts. Prerequisite: ACC 3313, or ACC 5361 or equivalent.
Read More [+] about Financial Statement Reporting and Analysis

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Financial Statement Reporting and Analysis

ACC 5355. IT Auditing.

A study of the IT audit: the process of collecting and evaluating evidence of an IT system practices and operations. The course develops understanding of the procedures to test whether the systems are safeguarding assets, maintaining data security and operating effectively and efficiently. Prerequisite: ACC 4313 or equivalent.
Read More [+] about IT Auditing

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about IT Auditing

ACC 5361. Accounting Analysis for Managerial Decision Making.

Use of accounting information for improving managerial decision making. Emphasis is on understanding the practice of business management, budgeting, cost behavior, and operational, internal, and management control. Prerequisite: B A 5352.
Read More [+] about Accounting Analysis for Managerial Decision Making

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Accounting Analysis for Managerial Decision Making

ACC 5362. Cost and Managerial Accounting Theory.

A study of recent developments and topics in the area of cost and managerial accounting. Includes a discussion of quantitative techniques and their applicability to accounting problems. Prerequisites: ACC 3365 or ACC 5361 with a grade of “B” or better.
Read More [+] about Cost and Managerial Accounting Theory

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Cost and Managerial Accounting Theory

ACC 5366. Business Entity Taxation.

Federal income tax provisions affecting business decisions, with an emphasis on C Corporations, Limited Liability Companies, and Partnerships. An introduction to the choice, formation, organization, operation and distribution rules or the preceding business entities. Prerequisites: ACC 3314 and ACC 4328 (or equivalents) with grades of "B" or better.
Read More [+] about Business Entity Taxation

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Business Entity Taxation

ACC 5367. Seminar in Auditing.

A continuing study of the underlying theory of auditing with an emphasis on professionalism, ethics, and legal liability. Coverage will also extend to the responsibilities and standards of external auditing, internal auditing, governmental auditing, and international auditing, including exposure to current developments in these areas. Practical applications will focus on risk assessment, the use of analytical procedures, and the use of the computer as an audit tool. Prerequisite: ACC 5320.
Read More [+] about Seminar in Auditing

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Seminar in Auditing

ACC 5369. Special Studies in Accounting.

Directed study and research on selected accounting topics, including the development of accounting thought and research in; advanced tax topics, international accounting, professional ethics and managerial and financial accounting. Courses will be offered as independent instruction. Prerequisite: Consent of instructor and department chair.
Read More [+] about Special Studies in Accounting

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Special Studies in Accounting

ACC 5370. Internship in Accounting.

Experiential learning during which the students work in accounting. This work experience may be in public, industry, or governmental accounting units. The student is immersed in a variety of intensive work assignments with increasing levels of responsibility. Students taking ACC 5370 for credit may not take ACC 5680 for credit. Graded on a credit (CR), no credit (F) basis. Prerequisite: Specified by employer with consent of instructor and department chair.
Read More [+] about Internship in Accounting

3 Credit Hours. 0 Lecture Contact Hours. 20 Lab Contact Hours.
Grade Mode: Credit/No Credit

Read Less [-] about Internship in Accounting

ACC 5371. Accounting Information Systems.

This course studies various accounting information systems technologies used to enhance business process operations. It also explores management of risks and controls, and management of information resources. Prerequisite: ACC 3385 with a grade of "B" or better.
Read More [+] about Accounting Information Systems

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Accounting Information Systems

ACC 5372. Tax Research.

An examination of the sources of tax authority, which include its primary sources (legislative, judicial, and administrative), as well as secondary sources. The course also develops procedures for identifying the applicable tax issues, locating appropriate tax authority, and communicating the results of tax research. Prerequisites: ACC 3314 and ACC 4328 (or equivalents) with grades of "B" or better.
Read More [+] about Tax Research

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Tax Research

ACC 5373. Fraud Detection and Prevention.

This course provides and in-depth study of how and why fraud is committed. It explores red flags that may help in detecting fraudulent activities, how fraudulent conduct can be deterred, and how allegations of fraud should be investigated and resolved. Prerequisite: ACC 3313 with a grade of "B" or better.
Read More [+] about Fraud Detection and Prevention

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Fraud Detection and Prevention

ACC 5375. Business Information Consulting.

Integrative capstone for the MSAITprogram using principles and concepts applied through the analysis and presentation of case studies dealing with current issues or emerging trends in the fields of accounting and information technology for the accounting professionals serving as consultants. Prerequisite: ACC 5371.
Read More [+] about Business Information Consulting

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Business Information Consulting

ACC 5377. Partnership Taxation.

A comprehensive study of the tax implications of conducting a business as a partnership or as a limited liability company. Life-cycle analysis and tax planning considerations are emphasized. Prerequisite: ACC 4328 or equivalent.
Read More [+] about Partnership Taxation

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Partnership Taxation

ACC 5378. Tax Practice, Procedures, Audits and Controversy.

This course focuses on the procedural aspects of tax planning and tax return preparation. Coverage includes IRS enforcement tools and corresponding taxpayer rights, audits and appeals, civil and criminal penalties, and statutory relief provisions. Professional standards and ethical considerations in tax practice are emphasized. Prerequisite: ACC 5366 or concurrent enrollment.
Read More [+] about Tax Practice, Procedures, Audits and Controversy

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Tax Practice, Procedures, Audits and Controversy

ACC 5383. Enterprise Resource Planning Systems.

The use of information technology for integrating enterprises for operational control and strategic business intelligence is examined via ERP applications in customer relationship management, accounting and finance, purchasing and production control, sales and marketing, and human resource management. Managerial issues surrounding the selection, design and implementation of ERP systems are emphasized.
Read More [+] about Enterprise Resource Planning Systems

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Enterprise Resource Planning Systems

ACC 5384. IT Systems Project Management.

An in-depth study of the project management body of knowledge as applied to Information Technology with emphasis on the management of scope, costs, schedules, quality and risks. Includes program management, system methodologies, material procurement, and human, cultural, and international issues and their impact on the organization.
Read More [+] about IT Systems Project Management

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about IT Systems Project Management

ACC 5385. Database Management Systems.

Explores the concepts, principles, issues and techniques for managing corporate data resources using database management systems. The course includes techniques for analysis, design, and development of database systems, creating and using logical data models, database query languages, and procedures for evaluating database management software. Student will use a relational database management system to develop a management information system.
Read More [+] about Database Management Systems

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Database Management Systems

ACC 5389. Corporate Governance and Ethics.

A study of the corporate governance and ethical issues in accounting, including ethical reasoning, integrity, objectivity, independence, core values and professional issues. Prerequisites: ACC 3314 (or equivalent) with a grade of "B" or better, and ACC 3363, ACC 3365, ACC 3385, ACC 4313, and ACC 4328 or ACC 5340.
Read More [+] about Corporate Governance and Ethics

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Grade Mode: Standard Letter

Read Less [-] about Corporate Governance and Ethics

ACC 5390A. International Accounting.

A study of the impact of international business activity on the profession of accounting. The course will investigate the development of international accounting standards and compare those standards to existing United States standards. Students taking ACC 4390A for credit may not take ACC 5390A for credit. Prerequisite: ACC 5315. (MULT).
Read More [+] about International Accounting

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Course Attribute(s): Multicultural Content|Topics
Grade Mode: Standard Letter

Read Less [-] about International Accounting

ACC 5390F. Mergers, Acquisitions, and Consolidations Taxation.

This course on mergers, acquisitions and consolidations will examine the tax ramifications and corporate strategies considerations of buying, selling and combining different companies; the onsolidated tax return consequences of those affiliated groups; and the residual outcomes and tax attributes that result from corporate divisions. Prerequisite: ACC 5366.
Read More [+] about Mergers, Acquisitions, and Consolidations Taxation

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Course Attribute(s): Topics
Grade Mode: Standard Letter

Read Less [-] about Mergers, Acquisitions, and Consolidations Taxation

ACC 5390G. Sustainability Reporting.

This course on sustainability reporting strategies will examine analytical methods and reporting techniques used by for-profit and non-profit companies to support sustainable operations. Prerequisite: ACC 5351 or equivalent.
Read More [+] about Sustainability Reporting

3 Credit Hours. 3 Lecture Contact Hours. 0 Lab Contact Hours.
Course Attribute(s): Exclude from 3-peat Processing|Topics
Grade Mode: Standard Letter

Read Less [-] about Sustainability Reporting

ACC 5680. Internship in Accounting.

This internship involves experiential learning over one entire semester during which the students work in accounting. This work experience may be in public, industry, or governmental accounting units. The student is immersed in a variety of intensive work assignments with increasing levels of responsibility. Students taking ACC 5370 for credit may not take ACC 5680 for credit. Graded on a credit (CR), no credit (F) basis. Prerequisite: Specified by employer with consent of instructor and department chair.
Read More [+] about Internship in Accounting

6 Credit Hours. 0 Lecture Contact Hours. 40 Lab Contact Hours.
Grade Mode: Credit/No Credit

Read Less [-] about Internship in Accounting