205 In addition to the previously listed courses, MACC students are required to complete 6 hours of electives. They may select any other MACC or MTAX courses. Electives may include a maximum of 3 hours of non-MACC and non-MTAX courses selected from approved 5000 or higher-numbered courses which were not taken in the student's undergraduate program. Select MBA courses approved by the MACC program director may also be used. MASTER OF ACCOUNTING COURSES - MACC Entry into all 6000 level courses requires graduate standing. (See School of Accountancy for graduate standing criteria.) MACC 6120. Financial Accounting & Reporting (3) In-depth coverage of financial accounting and reporting topics from a theoretical and practical standpoint through a combination of reading assignments, classroom lecture/discussion sessions, assignments, cases, and student presentations. Topics include the FASB and the standard-setting process; SEC policy and practice; accounting for leases, post-employment benefits, deferred income taxes, and stock compensation plans. MACC 6130. Governmental and Nonprofit Accounting (3) A study of governmental and nonprofit accounting concepts including revenue and expense recognition; asset and liability valuation; and reporting, disclosure, and financial analysis. Includes in-depth discussion of the new GASB reporting model for governments and analysis of actual government financial statements produced using the new model. MACC 6160. Financial Statement Analysis (3) Comprehensive study of the analysis and interpretation of financial statements by external decision makers and the impact of accounting conventions and alternative standards on analytical measures. MACC 6210. Ethical Considerations & Legal Liability (3) A study of the ethics espoused by accountants and their professional organizations with attention given to the current legal climate in which accountants operate. MACC 6310. Advanced Cost Accounting (3) Advanced cost accounting topics including cost accounting for non-manufacturing organizations, human information processing, activity resource usage, pricing, performance measurement, and non-routine decisions. MACC 6330. Strategic Management Accounting (3) A study and analysis of advanced managerial accounting subjects. Examines the impact of accounting information on managerial processes including planning, organizing, and contiolling. MACC 6560. Advanced Auditing & Assurance Services (3) Advanced topics of auditing and assurance services including professional and technical aspects of auditing practice, introduction to SEC, ethics and legal responsibilities, fraud, recent auditing developments, sampling techniques for decision making, internal control, and risk assessment. MACC 6570. Information Systems Auditing (3) Methods, techniques, controls, and procedures used in the audit of computerized accounting systems. MACC 6580. Internal Auditing (3) Internal audit profession, internal control, risk assessment, evidence gathering, audit management, internal/external auditor relations, environmental auditing and federal sentencing guidelines, and audit reporting. MACC 6610. Advanced Accounting Information Systems (3) An advanced study of accounting information systems including general ledger, principles, tools, and techniques for controls, database systems, management query, and data analysis tools and systems. Course integrates projects and case studies where applicable. MACC 6801, 6802, 6803. Individual Study (1, 2, 3) Individual work or work in small groups, by arrangement, on special topics not included in the announced course offerings. Prerequisite: Approval of Graduate Coordinator and Instructor. MACC 6991, 6992, 6993. Lecture Seminar (1, 2, 3) Lecture and discussion of current accounting topics by individuals from business and industry. PROGRAM Master of Taxation Program Director Ryan Pace, 801-626-7562 Location: Wattis Business Building, Room 221 Telephone Contact: Tonia Wilson, 801-626-6072 I he tax laws are vast, complex, and dynamic. Basic tax courses at the undergraduate level do not provide sufficient breadth or depth of coverage for future CPAs and tax consultants. Consequently, instruction at the graduate level is necessary. Tax law is a major branch of accounting. The Master of Taxation degree gives more recognition to a graduate as a tax specialist than does a Master of Accounting degree. The program is designed to provide students with the highly technical and demanding skills necessary to be effective tax and business consultants. Students will also acquire important tools necessary for effective research and communication in taxation. Master of Taxation (MAX) » Grade Requirements: A Master of Taxation student must complete all MTAX 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 MTAX applicant score currently 555). • Acceptable grade point average (on a 4 point scale) in each of the following three areas: a. Overall GPA (average MTAX applicant GPA 3.38) b. The last 60 credit hours of undergraduate work (average MTAX applicant GPA 3.39) c. Accounting course work only (average MTAX applicant GPA 3.37) 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 General PROFILE ENROLLMENT STUDENT AFFAIRS ACADEMIC INFO DEGREE REQ GENED Engaged Learning & Interdisciplinary OUR/CBL HNRS/BIS ESL LIBS INTRD MINORS Applied Science 8, Technology AUSV/ATTC CMT CEET/EE CS MFET/ETM MET DGET ENGR IDT SST TBE Arts 8, Humanities MPC/MENG COMM ENGL FL DANC MUSC THEA ART/ARTH Business 8, Econ MBA MACC/MTAX ACTG BS AD/FIN MGMT MKTG SCM ECON/QUAN 1ST Education MSAT/MED CHF AT/HLTH NUTR/PEP/REC HPHP COURSES ATHL/PE EDUC Health Professions MHA/MSN MSRS DENT PAR HTHS HAS/HIM MLS NRSG RADT DMS/NUCM RATH REST Science BTNY CHEM GEO MATH/MTHE MICR PHYS/ASTR ZOOL SocialS Behavioral Sciences MCJ/CJ ECON GEOG HIST POLS/PHIL PSY SW/GERT SOC/ANTH AERO MILS NAVS Continuing Ed Davis Campus Weber State University 2011 - 2012 Catalog