Master of Science in Accountancy (MACC)

The MACC degree program offers a curriculum that focuses on interactively developing the skills needed by accountants and financial managers. This is a specialized masters degree program designed to provide accountants the skills needed in mid- to upper-level accounting positions and skills needed in professional positions where finance, information systems and related financial skills are as essential as accounting skills. Further, the program provides students with ethics, leadership, communications and interpersonal skills necessary for supervisory level positions.

In general, students applying for this program should already have completed an undergraduate degree in accountancy or its equivalent. Individuals without this background may still apply for the program, but will need to complete extended program requirements as discussed below. Since all courses are offered at night over five week terms, this program will be of primary interest to those students desiring to complete an accounting masters program on a part-time basis while remaining employed.

Students currently enrolled in the BACC program at USD should review the requirements of the BACC and MACC combined program that are shown below this stand-alone MACC program.

Additional Requirements for Admission

Master of Science in Accountancy or Master of Science in Taxation

See here for basic admission requirements.

Entrance SemestersFall, Intersession, Spring, Summer
Application DeadlinesNone. Rolling application. Deadlines for International applicants: June 1 for Fall, December 1 for Spring.
Minimum Grade Point Average3.0 (4.0 scale)
Standardized Admission TestingGMAT (minimum score of 550)
IELTS or TOEFL - International applicants only (minimum IELTS score of 7.0 or TOEFL score of 92/237/580 required). See English Proficiency and International Student Applicants on the Admissions page.
Required CourseworkBachelor of Accountancy or equivalent
Required Licenses/CreditentialsNone
Additional RequirementsTwo professional appraisal forms or letters of recommendation
Resume
Personal Statement
College/University Transcripts. Applicants who received their bachelor’s degree from a non-US educational institution must have their transcripts evaluated by the International Education Research Foundation (IERF) or World Education Services, Inc. (WES). See International Student Applicants*
The International Student Introductory Program is required for international students. The program prepares students for a successful transition into the graduate level business program and the University of San Diego community. The program is held in late July-mid August before fall classes begin.
Tuition Deposit of $1,000

*International Student Applicants

MACC Program Requirements for Students with an Undergraduate Accountancy Degree

The MACC degree is a 30-semester-unit program for those with an undergraduate accountancy degree. Additional prerequisite requirements for those without an undergraduate accounting degree are detailed at the end of this section.

Required Courses
The following three courses (9 semester-units) of ethics, leadership, communications and interpersonal skills are all required:
MACC 501Communications and Ethics for Accounting Professionals3
MACC 502Leadership in an Accounting Team Environment3
MACC 503Negotiations: Strategy, Practice and Ethics3
Elective Courses
The seven electives (21 semester-units) may be selected from the following MACC graduate courses:21
MACC 520Fundamentals of Personal Financial Planning3
MACC 522Investment Planning and Risk Management3
MACC 523Retirement Planning3
MACC 525Financial Statement Analysis3
MACC 530International Financial Analysis and Reporting3
MACC 531Applied Research for Financial Accountants and Auditors3
MACC 532Fraud Examination and Forensic Accounting3
MACC 540Controllership and Cost Management3
MACC 555Advanced Accounting Information Systems3
MACC 560Tax Research3
MACC 561Partnership Taxation3
MACC 562Estate and Gift Taxation and Planning3
MACC 563State and Local Taxation3
MACC 580International Accounting Issues3
MACC 581European Accounting Business Environments3
MACC 594Special Topics1-6
The following courses are offered on an individual student basis only:
MACC 598Professional Accountancy Internship3
MACC 599Independent Study3

Elective Courses

The remaining seven courses (21 units) are electives and may be selected by the student in consultation with the Academic Director. Two recommended specialization tracks have been developed to help students make their elective selections. The tracks and the courses in the tracks, are recommendations only.

Students must complete a “program plan” indicating their elective selections prior to beginning the MACC program. However, course substitutions may be made at later points of time upon approval of the Academic Director.

All MACC courses will be offered only once per calendar year. Therefore, students should review the class schedule of MACC course offerings prior to the completion of their program plan. Students should also examine course prerequisites before selecting their electives and preparing their program plan. The Academic Director should be consulted during this process. As detailed in the next section, MACC students may elect to take two GSBA prefixed MBA courses (assuming prerequisites are met) as part of their 21 units of electives.

A maximum of 6 units of MBA courses (e.g. GSBA prefixed courses) are allowed (assuming prerequisites are met) as part of the MACC program electives. The remaining 15 units of electives must be from MACC prefixed courses. Students must meet all the prerequisites of the desired GSBA course, must justify the relevance of the course and must gain the approval of the Academic Director to include the GSBA course as an MACC elective.

Students should be aware that MBA courses are generally offered during the Graduate School of Business Administration’s regular 15-week fall and spring semesters, during the 3-week January intersession and during the summer sessions. Students should determine the availability of a desired MBA course before including it in their MACC program plan.

Alternatively, students in the MBA program may select individual MACC courses for their elective courses. Students must meet the appropriate prerequisites noted for the individual MACC courses prior to enrollment and must gain approval of their MBA program advisor and Academic Director of the Graduate Accountancy Programs.

International Experience (MACC 580 and MACC 581)

MACC students may participate in a six unit International Accounting Issues and European Accounting Business Environment program in London, Paris and Rome. The primary goal of the course is to immerse students in both IFRS and the European business environment from a physical, cultural and intellectual perspective with an emphasis on doing business in the United Kingdom, France and Italy. Students will have the opportunity to personally experience the world of European business at the same time they are learning significant facts and concepts in a classroom setting. This will be accomplished by talking to business professionals, hearing lectures by individuals from Europe, visiting major international accounting firms, following the local press, discussing actual business cases and classroom experiences. For more information go to www.sandiego.edu and search 'MACC Opportunities'.

Specialization Tracks

Two specialization tracks have been developed to help guide MACC students in their selections of their 21 units of electives. These tracks and the courses within the tracks, are recommendations only and are not required. Students are encouraged to use these tracks when preparing their program plan.

A. Corporate Reporting and Financial Management

MACC 522Investment Planning and Risk Management3
MACC 525Financial Statement Analysis3
MACC 530International Financial Analysis and Reporting3
MACC 531Applied Research for Financial Accountants and Auditors3
MACC 532Fraud Examination and Forensic Accounting3
MACC 555Advanced Accounting Information Systems3
Electives3

B. Controllership and Accounting Information System Development

MACC 522Investment Planning and Risk Management3
MACC 525Financial Statement Analysis3
MACC 532Fraud Examination and Forensic Accounting3
MACC 540Controllership and Cost Management3
MACC 555Advanced Accounting Information Systems3
Electives6

Requirements for Students with a Non-Accounting, Business Undergraduate Degree

Students with a non-accounting, business undergraduate degree may apply for the MACC program, but will be required to complete prerequisite accounting coursework.

The MACC program would consist of a maximum of 57 semester-units. Specifically, the 27 accounting semester-unit requirements would need to be completed as prerequisites to completing the 30 semester-unit MACC program described above. Students having already completed some of the Undergraduate Certificate requirements will have the courses and the units considered for waiver.

The Bachelor of Accountancy Program currently consists of the following courses listed below. To meet the equivalency requirement the student must have the following courses:

ACCT 201Principles of Financial Accounting3
ACCT 202Principles of Managerial Accounting3
ACCT 300Intermediate Accounting I3
ACCT 301Intermediate Accounting II3
ACCT 302Cost Accounting3
ACCT 303Accounting Information Systems3
ACCT 306Federal Tax Accounting I3
ACCT 320Ethics for Accountants3
ACCT 408Auditing3
Select one of the following:3
ACCT 401Advanced Accounting3
ACCT 407Federal Tax Accounting II3

Requirements for Students with a Non-Accounting, Non-Business Undergraduate Degree

Students without an undergraduate accountancy or business degree may be considered for admission to the MACC program, but will need to complete substantial prerequisite coursework in both accounting and business.

The MACC program would consist of a maximum of 75 semester-units. Students would need to complete 18 prerequisite-units in business, in addition to the 57-unit MACC program described above for the non-accounting, business undergraduate degree holders. Students having already completed any of the prerequisite business course requirements noted below will have the course and the units considered for waiver.

The prerequisite 18 semester-unit business course requirements consist of the following:

MGMT 300Organizational Behavior3
MKTG 300Fundamentals of Marketing3
FINA 300Financial Management3
ETLW 302DBusiness and Society3
ETLW 311Business Law I3
Select one of the following:3
DSCI 300Prescriptive Business Analytics3
DSCI 303Operations Management3

Admission Process for the MACC Program

Students must complete the following for admission to the MACC degree program:

  1. Complete the Master of Science in Accountancy online application, including the $80 application fee.
  2. Two professional letters of recommendation
  3. Personal Statement
  4. Resume
  5. College/University Transcripts
  6. GMAT with a minimum score of 550
  7. Overall GPA of 3.0 and accounting GPA of 3.0
  8. Tuition deposit of $1,000 payable upon acceptance into the program

MACC 501 | COMMUNICATIONS AND ETHICS FOR ACCOUNTING PROFESSIONALS

Units: 3

This course will focus on improving business presentation skills with several oral presentations required during the course. The course will also introduce basic behavioral or communication skills needed to manage yourself and relationships with others in organizations. Skills learned will include self-management, goal setting, strategic thinking, communicating, creative problem solving, resolving conflicts, team building, motivating, leading change and evaluating performance. The development of professional ethics and values will be stressed and will comprise a minimum of one-third of the material in this course. Prerequisite: Admission to the MACC or MTAX programs or either of the BACC/MACC or BACC/MTAX combined programs.

MACC 502 | LEADERSHIP IN AN ACCOUNTING TEAM ENVIRONMENT

Units: 3

This course examines the challenges of creating and leading in a team-based organizational culture. Topics include stages of team development, leadership style, team chartering, conflict management, decision-making, process facilitation, leadership interventions and team member skills. Teaching methods include assessments, role-plays, case studies, simulations, skill practice and a project documenting a team leadership experience. Discussion of the interaction of professional ethics and team leader behavior will comprise a minimum of one-third of this course.

MACC 503 | NEGOTIATIONS: STRATEGY, PRACTICE AND ETHICS

Units: 3

This course is designed to raise your negotiation competency by presenting a comprehensive, logical approach to a wide variety of negotiation situations. Based on experiential learning, the course will use live negotiation situations where students can develop strategies, employ bargaining tactics and structure agreements. In addition, the course will examine how to integrate the strategic goals of an organization with the strategic goals of your negotiations and to use negotiations to create value. The course will allow students to examine areas of strength and weakness in their own negotiating style. Finally, negotiating strategy and tactics are set in the context of a code of personal and professional ethical conduct with a minimum of one-third of the course devoted to understanding how ethical issues should impact the negotiation process.

MACC 520 | FUNDAMENTALS OF PERSONAL FINANCIAL PLANNING

Units: 3

Prerequisites: FINA 300

This course investigates a broad spectrum of financial planning processes including regulatory, legal and ethical issues. Other relevant topics include sequencing the financial planning process, communications theory, financial assets, liquidity and cash management and the effect of a changing economic environment.

MACC 522 | INVESTMENT PLANNING AND RISK MANAGEMENT

Units: 3

Prerequisites: FINA 300

This course is designed to provide a sound basis for the analysis of publicly traded securities and for the development and management of an integrated portfolio management strategy. Based on experiential learning, the instructor will combine the most recent investment theory and critical thinking with practical security analysis and portfolio management techniques. Integrated throughout the course will be an important new area of financial analysis, behavioral finance, which has critical implications on investment management activities. Included in the course construct are presentations by distinguished and practicing portfolio managers. May not receive credit for this course and GSBA 521.

MACC 523 | RETIREMENT PLANNING

Units: 3

Prerequisites: ACCT 306 and FINA 300

This course emphasizes the fundamentals of retirement planning from a personal financial planning perspective. Specifically, the course will emphasize the examination of various types of retirement plans and the taxation implications of those plans. Qualified plans as well as plan installations, administration, and terminations will be discussed. The suitability of investment portfolios for qualified plan situations will also be introduced.

MACC 525 | FINANCIAL STATEMENT ANALYSIS

Units: 3

Prerequisites: ACCT 300 and FINA 300

This course develops a set of core skills essential to financial statement analysis. It covers strategic ratio analysis, cash flow analysis, pro forma financial statements, financial modeling and firm valuation using discounted cash flow and residual income models, with an emphasis on practical applications.

MACC 530 | INTERNATIONAL FINANCIAL ANALYSIS AND REPORTING

Units: 3

Prerequisites: ACCT 300

The study of international accounting issues is crucial for effective interpretation and analysis of financial information from companies located around the world. This course adopts a twofold approach. First, the course examines diverse financial reporting practices with an emphasis on the underlying cultural, political, institutional and economic factors. Highlighting a user’s perspective, the course then develops a financial statement analysis framework for comparing published financial information of non-U.S. companies. Combining these two approaches will enable students to prepare comparative case analyses based on a country context.

MACC 531 | APPLIED RESEARCH FOR FINANCIAL ACCOUNTANTS AND AUDITORS

Units: 3

Prerequisites: ACCT 300

Applied research skills are essential for practicing financial accountants and auditors. This course focuses on helping professional accountants acquire applied research skills that will enable them to access relevant professional guidance, to understand it and to apply it. Case analyses will be performed by students using the Internet and other relevant research materials. Students will prepare case analysis based upon their research and will present their results in oral presentations and in professional write-ups. Research on relevant ethical issues in the profession will be a critical part of the cases examined in the course.

MACC 532 | FRAUD EXAMINATION AND FORENSIC ACCOUNTING

Units: 3

Prerequisites: ACCT 300

Fraud examination will cover the principles and methodology of fraud detection and deterrence. The course includes such topics as skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, databases, operating systems and external communications with customers and suppliers. Also covered will be issues related to the maintenance of adequate storage and backup policies and facilities for corporate data. A comprehensive project will allow students to apply their newly acquired knowledge to a real-world setting.

MACC 540 | CONTROLLERSHIP AND COST MANAGEMENT

Units: 3

Prerequisites: ACCT 302

This course will focus on current controllership and strategic cost management topics. Topics to be studied include activity based costing, balanced scorecard, benchmarking and management control systems. Teaching methods include lecture or discussions, case studies and presentations. Development of appropriate values and ethics needed by company controllers is included in the course.

MACC 555 | ADVANCED ACCOUNTING INFORMATION SYSTEMS

Units: 3

Prerequisites: ACCT 303

This course is designed to examine details of information requirements and transaction processing procedures relevant to integrated accounting systems. This course emphasizes accounting system design, analysis, and related internal controls.

MACC 560 | TAX RESEARCH

Units: 3

Prerequisites: ACCT 306

This course examines research methods used for Federal taxation. Topics include ethics, tax research methodology, primary sources of law, secondary sources of law and tax practice. Students will use electronic databases and other library resources to research fact patterns in groups and present their findings to the class. In addition, students are expected to do the necessary background reading and take related tests on the topics studied.

MACC 561 | PARTNERSHIP TAXATION

Units: 3

Prerequisites: ACCT 407

This course examines tax reporting for non-corporate entities including partnerships, limited liability companies (LLCs) and limited liability partnerships (LLPs) and the taxation of entity owners. Students who complete this course will: (1) understand common partnership, LLC angle terminology, (2) know how and where to research on-corporate tax issues, (3) learn to prepare and review common non-corporate entity tax reports, (4) develop skills in communicating tax issues and answers to clients, (5)understand non-corporate tax planning techniques, (6)understand how to creatively structure transactions consistent with current tax laws and (7) understand how the California Board of Accountancy Ethics requirements apply to taxation issues. Problem based learning (practice problems, cases and examples) will provide the core methods of classroom instruction.

MACC 562 | ESTATE AND GIFT TAXATION AND PLANNING

Units: 3

Prerequisites: ACCT 306

This course examines the details of three Federal transfer taxes: the estate tax, gift tax and generation skipping tax. Topics will include transfers subject to the gift tax, valuation of gifts, gift tax exclusion, gift splitting, the gross estate, deductions for transfer taxes, life insurance subject to estate tax and the determination and payment of the three taxes. Students will be expected to prepare estate and gift tax returns, research issues related to these transfer taxes and present topics to the class.

MACC 563 | STATE AND LOCAL TAXATION

Units: 3

Prerequisites: ACCT 306

This course is designed to provide an introduction to the principles of multistate taxation. Specifically, the course will provide: an overview of the impact of federal and state constitutional limitations on multi-state taxation, a fairly comprehensive introduction into the structure, problems and some of the tax planning opportunities for state corporate income taxation of multistate corporations and an overview of sales and property taxes.

MACC 580 | INTERNATIONAL ACCOUNTING ISSUES

Units: 3

Prerequisites: ACCT 300

Corequisites: MACC 581

The study of international accounting issues is crucial for effective interpretation and analysis of financial information from companies located around the world. This course examines diverse financial reporting practices with an emphasis on the underlying cultural, political, institutional, and economic factors. This course also studies business operations of multinational corporations, including foreign currency translation, transfer pricing and taxes.

MACC 581 | EUROPEAN ACCOUNTING BUSINESS ENVIRONMENTS

Units: 3

Prerequisites: ACCT 300

Corequisites: MACC 580

The primary goal of the course is to immerse students in the European Accounting Business Environment from a physical, cultural, and intellectual perspective with an emphasis on doing business in the United Kingdom, France, and Italy. Students will have the opportunity to personally experience the world of European business at the same time they are learning significant facts and concepts in a classroom setting. This will be accomplished by talking to business professionals, hearing lectures by individuals from Europe, visiting major European companies, following the local press, discussing actual business cases, and classroom experiences. In addition, the students will study the differences and similarities of management systems in Western Europe as well as other parts of the world. The course prepares business professionals to recognize the different values and cultural factors that are encountered in the international business community and how these shape and determine appropriate behavior.

MACC 594 | SPECIAL TOPICS

Units: 1-6 Repeatability: Yes (Can be repeated for Credit)

Topics of current interest in graduate accountancy study. Course content and structure will differ depending on instructor. Consult your advisor for course description for any given semester.

MACC 598 | PROFESSIONAL ACCOUNTANCY INTERNSHIP

Units: 3

Applied learning experience working for a business, government, or nonprofit organization in an accounting related position. Grading is Pass/Fail.

MACC 599 | INDEPENDENT STUDY

Units: 1-3 Repeatability: Yes (Can be repeated for Credit)

Special or independent study usually involving empirical research and written reports.