204 performance, and contract closeout. Learn the basics of what it takes to solicit, procure, negotiate and administer contracts and subcontracts while gaining a broad understanding of business principles to establish long-term relationships with customers, suppliers and other stakeholders. Explore an insider's view of the roles and responsibilities of contract administrators and the various interfaces with program management and other internal disciplines. Leam how to identify the basic differences between contract types and how they are selected to mitigate risk in a contractual environment, as well as exploring the key distinctions between commercial, government and international contracting processes. MBA 6750. Financial Aspects of Contract Management (3) Within the context of contract management, students will learn how to structure cash flow through financial methods that include invoice timing, pricing, overhead considerations, advance payments, letters of credit and other financial sources. Gain a comprehensive knowledge of accounting systems, budgeting, reporting, auditing and settlements. Enhance the profitability of your business through prudent contracting financial practices. MBA 6760. Legal Aspects of Contract Management (3) Within the context of contract management, students will gain a working knowledge of stakeholder requirements, applicable common law, Federal Acquisition Regulations (FAR), Uniform Commercial Code (UCC) and other local, state and federal regulations and law that must be adhered to throughout the contract management process. Students will learn the legal aspects of contract management with an emphasis on real world, day-to-day application. Students will explore all phases of managing an approved contract successfully through completion of performance including change management, communications, negotiations, contract types, terms and conditions, risks, defaults, terminations, claims and much more. Students will participate in projects and discussions to rapidly enhance knowledge and proficiency in contract management in order to apply classroom concepts in the workplace. MBA 6800. Directed Study (1-3) Directed individual study and research on special topics related to business. May be repeated for a cumulative total of three credits. Prerequisite: Written approval of MBA program and instructor. PROGRAM Master of Accounting Program Director: Ryan Pace, 801-626-7562 Location: Wattis Business Building, Room 221 Telephone Contact: Tonia Wilson, 801-626-6072 An accounting professional in today's environment must possess a high level of technical competence, a sense of commitment to service, communication skills, analytical skills, and the ability to work well with people. To obtain the required body of knowledge and to develop the skills and abilities needed to be successful accounting professionals, serious consideration must be given to study beyond a four-year baccalaureate program. The Master of Accounting (MACC) Program provides an additional year of training for the professional accountant. In addition, the MACC satisfies the requirements of the Utah Certified Public Accountant Licensing Act for those wishing to sit for the Uniform CPA Examination. It gives the students an opportunity to increase the depth of their understanding in key areas and allows a broadening of perspective by providing course work in a variety of areas that cannot be considered in an undergraduate program due to time constraints. Master of Accounting (MACC) » Grade Requirements: A MACC student must complete all MACC program courses, including electives, with a grade of "C" or higher. In addition, the overall program GPA must be 3.0 or higher. » Credit Hour Requirements: The program requires a minimum of 30 semester hours beyond a bachelor's degree in accounting. Admissions Requirements • A four year Bachelor's degree in Accounting or a four year Bachelor's degree in another major and completion of Leveling Courses. • An acceptable GMAT score. (Average MACC applicant score currently 549). • Acceptable grade point average (on a 4 point scale) in each of the following three areas: a. Overall GPA (average MACC applicant GPA 3.42) b. The last 60 credit hours of undergraduate work (average MACC applicant GPA 3.44) c. Accounting course work only (average MACC applicant GPA 3.40) Applicants must submit a completed application online and current resume, as well as transcripts from every institution of higher education attended. Two letters of recommendation are required. At least one of those letters should come from individuals who can evaluate the applicant's academic abilities. All letters should address the applicant's potential for successful graduate study. Each applicant is considered on an individual basis. Additional Admission Requirements for International Students: All international students and any applicant educated outside the U.S. must demonstrate proficiency in English. Those whose native language is not English, or whose language of instruction for their undergraduate degree was not English, will be required to submit a score from the Test of English as a Foreign Language (TOEFL) which is not more than two years old and on which a minimum score of 550 (paper-based) or 213 (computer-based) has been earned. Application Application for admission to the Master of Accounting Program should normally be made by August 1 (fall semester), December 1 (spring semester), and April 1 (summer semester) of the year during which admission is sought. Application for admission must include GMAT scores, official undergraduate transcripts, resume, and two letters of recommendation. It is expected that the Master of Accounting Program will entail approximately two semesters of full-time study for a student with a bachelor's degree in accounting. Students with other business- related degrees can expect to spend about two years in the program. Those with non-business related undergraduate degrees should plan to spend at least three years in the program. Contact the School of Accountancy for a separate and detailed bulletin on the Master of Accounting Program. Course Requirements for Master of Accounting All MACC students are required to complete the following courses (21 credit hours): MACC 6120 Financial Accounting and Reporting (3) MACC 6130 Government and Not-for-Profit Accounting (3) MACC 6160 Financial Statement Analysis (3) MACC 6330 Strategic Management Accounting (3) MACC 6560 Advanced Auditing and Assurance Services (3) MACC 6570 Information Systems Auditing (3) MACC 6610 Advanced Accounting Information Systems (3) And one of the following tax courses: MTAX 6400, MTAX 642S, MTAX 6430, MTAX 6460, or MTAX 6470 (3 credits). Weber State University 2011 - 2012 Catalog