Students from disciplines other than accounting will need to take certain prerequisite courses before beginning the graduate-level curriculum. Students are encouraged to apply for admissions to the MS in Accounting program and take any necessary prerequisites as an MS in Accounting student. Once admitted to the program, students work closely with an advisor to determine which prerequisities can be waived based on prior coursework and how best to complete the prerequisites before beginning the graduate-level curriculum.
NOTE: Applicants do NOT need to complete the prerequisite courses before applying to the MS in Accounting program. It is recommended that applicants needing prerequisites apply to the MS in Accounting program and take the prerequisites as an MSA student.
Core Business and Introductory Accounting Prerequisites
MBA 701 or ECO 250 – Business Statistics:
Statistical methods with applications in business and economics; descriptive statistics, probability, estimation and hypothesis testing.
MBA 703 or ECO 201 – Economic Analysis:
Economic theory to analyze supply and demand, firm behavior, market structure, competitive behavior, government regulation, and the global and domestic environment facing the firm.
*FIN 315 – Business Finance:
Financial decision-making; financial markets, valuation of securities, capital budgeting, financial analysis, working capital policy, and financing a firm’s operations.
ACC 218 – Financial Statement Preparation and Disclosures:
The conceptual framework underlying financial reporting by business enterprises, the processes by which authoritative accounting guidelines are promulgated, and the presentation, interpretation, and use of financial statements.
ACC 202 – Managerial Accounting:
Introduction to internal accounting and reporting of organizations, emphasizing the use of accounting information used by management and other decision makers within the organization.
*may be waived if student selects MBA 707 as an elective and earns a grade of B- or higher
Intermediate-Level Accounting Prerequisites
ACC 318 – Intermediate Accounting I:
Focuses on the conceptual framework underlying financial reporting by business enterprises, the processes by which authoritative accounting guidelines are promulgated, and the preparation, presentation, interpretation, and use of financial statements.
ACC 319 – Intermediate Accounting II:
The second course in the two-course intermediate accounting sequence. Continues the examination of the preparation, presentation, interpretation, and use of financial statements.
ACC 325 – Accounting Transaction Processing Systems:
Designed to provide an understanding of a variety of accounting subsystems, systems analysis, and design issues reinforced through case studies.
ACC 330 – Cost Accounting:
Costs and cost accounting principles, costing systems, cost determination procedures; control and analytical practices for managerial decision-making.
ACC 420 – Federal Tax Concepts:
Tax structure and tax principles. Accounting principles and procedures related to tax accounting. Application of tax and accounting principles to specific problems.
ACC 440 – Auditing Concepts:
Concepts underlying audit process, procedures used in external auditing, statistical application, preparation of audit programs, and reports. Use of audit software to conduct control risk assessment and substantive tests.