Online Master of Accountancy (OL MAcc)
Online MAcc Program Requirements
The Online MAcc program is designed for students who have completed an undergraduate accounting major or have completed a series of both business and accounting prerequisite courses as part of an undergraduate/graduate program or independently at a four year university. The program consists of 30 semester hours at the graduate level and is completed with students following a set course schedule so they may complete their program in as few as 21 months.
|MACC 650||Seminar in Federal Taxes||3|
|MACC 652||Analysis of Accounting Data||3|
|MACC 654||Issues in Financial Reporting||3|
|MACC 662||Auditing Practice & Problems||3|
|MACC 664||Issues in Managerial Accountng||3|
|MACC 611||Professional Research and Communication||3|
|PMBA 8312||Business Intelligence Tech-Data Mining||3|
MAcc students who hold an undergraduate degree in an area other than business will need to complete the Business Prerequisite Requirements and Accounting Prerequisite Requirements before taking upper level Accounting Courses.
MAcc students who hold an undergraduate business degree in an area other than accounting may be eligible to waive the Business Prerequisite Requirements but must complete the Accounting Prerequisite Requirements before taking upper level Accounting Courses.
MAcc students who hold an undergraduate degree in accounting may be eligible to waive the Business Prerequisite Requirements and the Accounting Prerequisite Requirements.
Waiver of these courses follows the guidelines defined under the Waiver of Courses section.
Business Prerequisite Requirements
7.5 credits (for students with a non-business undergraduate degree or outdated course work that does not meet the waiver requirements).
|PMBA 8020||Fundamentals of Accounting||3|
|PMBA 8030||Economic Analysis||3|
|PMBA 8040||Basic Financial Principles||1.5|
Accounting Prerequisite Requirements
18 credits (for non-accounting business undergraduate degree or course work that does not meet the waiver requirements)
|ACC 302||Cost Management||3|
|ACC 310||Acct Theory & Concepts I||3|
|ACC 311||Acct Theory & Concepts II||3|
|ACC 400||Principles of Auditing||3|
|ACC 405||Acct Problems & Practice||3|
|ACC 410||Fund of Federal Taxation||3|
MAcc and Online MAcc–Waiver of Courses
A waiver of a course from business prerequisite requirements may be granted under the following conditions:
I) PMBA prerequisite class is waived based on previous undergraduate coursework if:
- Student took the equivalent course less than six years ago and received a grade of B or above.
- Student took the equivalent course more than six years ago and received a grade of B or above and utilizes the knowledge in their professional position on a regular basis, as determined by the Associate Dean for Graduate Programs.
II) PMBA prerequisite class is waived upon the proficiency assessment or successful completion of a review short-course if:
- Student took the equivalent course less than six years ago and received a grade of B- or C+.
- Student took the equivalent course more than six years ago and received a grade of B or better.
- Student took the equivalent course more than six years ago and received a grade of B- or C+ and utilizes that specific knowledge in their professional position on a regular basis, as determined by the Associate Dean for Graduate Programs.
III) PMBA prerequisite class must be taken if:
- Student has never taken the undergraduate equivalent class.
- Student received below a C+ in the class, regardless of when it was taken.
In all cases, the comparable undergraduate courses must have been taken from an accredited school.
Waivers of courses for the “Accounting Prerequisite Requirements” may be granted as outlined in conditions I, if the student receives a “C” or better for these courses. There are no waiver examinations for the “Accounting Prerequisite Requirements” for the MAcc program. When the MAcc “Prerequisite Requirements” are waived, the student is responsible for a satisfactory level of competency with the representative material. If necessary, the student should review and/or seek tutoring support for the waived material in preparation of advanced courses. Any appeal of a waiver decision based on previous course work must be made to the Associate Dean for Graduate Programs within the first semester of the program.
MACC 611 Professional Research and Communication 3 Credits
Effective communication and interpersonal skills are key for success in the accounting profession. This course is an interactive seminar designed to provide a strong foundation in professional research and to develop communication and interpersonal skills with an emphasis on the communication and interpersonal challenges that accountants commonly face. Course work is primarily base based and includes a wide variety of video and written assignments that require research to develop accounting services and present to guest professionals and the "client".
MACC 650 Seminar in Federal Taxes 3 Credits
The course examines tax compliance and basic planning concepts available to C corporations, S corporations, partnerships, gifts, estates, and trusts. Topics include tax issues involved in the decision to select a particular form of business organization, fundamental concepts of interstate, international, and New Jersey taxation, and to expose the student to a variety of common tax returns, applicable to the above topics.
Prerequisite(s): completion of ACC 410 Fundamentals of Federal Taxation.
MACC 652 Analysis of Accounting Data 3 Credits
This course uses information technology and data analytical techniques to conduct analysis needs commonly faced by accounting professionals. The course uses cases and projects to pursue such areas of decision concern as financial statement analysis, the evaluation of audit risk and selected additional topics. MACC 654 should be taken before this course.
Prerequisite(s): completion of Preliminary Accounting requirements.
MACC 654 Issues in Financial Reporting 3 Credits
This course uses the conceptual framework to examine standards for financial reporting. Theoretical and conceptual assessments of current reporting issues pertaining to asset valuation and income measurement are addressed through cases, readings, and projects. Topics to be investigated from term to term vary depending on their importance and timeliness to the profession. This course should be taken first or early in the program.
Prerequisite(s): completion of the Preliminary Accounting Requirements.
MACC 662 Auditing Practice & Problems 3 Credits
This course is an advanced course in auditing. The course examines current auditing issues, including professional ethics, internal control, risk assessment, data analytics, cybersecurity, and other topics. Topics include basic principles of Generally Accepted Auditing Standards and PCAOB standards, the audit process from the stage of accepting an audit engagement to the stage of completion of the audit, various types of reports that are issued by independent auditors, legal liabilities of independent auditors, ethical responsibilities of auditors and current issues facing the auditing profession (e.g., litigation, auditor independence), role of various entities that influence the public accounting profession (e.g., PCAOB, AICPA, State Societies of CPAs, SEC, IRS) and other types of services (e.g., assurance services) that are provided by CPAs. A wide variety of teaching tools are employed including extensive use of case analysis, online lectures, videos, readings and data analytics software.
Prerequisite(s): ACC 400 Principles of Auditing.
MACC 663 Fraud and Forensic Accounting 3 Credits
This course provides a background in all areas of forensic accounting including: fraudulent financial reporting and the detection of fraud, money laundering and transnational flows, courtroom procedures and litigation support, as well as cybercrime. A wide variety of teaching tools are employed including extensive use of the professional literature, case analysis, videos, role playing and text materials.
Prerequisite(s): completion of the Preliminary Accounting Requirements; this course is required for the Forensic Accounting and Fraud & Forensic Accounting concentrations.
MACC 664 Issues in Managerial Accountng 3 Credits
This course xamines current management accounting practices with an emphasis on world class developments and strategic implications to the firm. Integrates current management accounting literature with considerations of planning, control, decision-making and information needs of the firm.
MACC 665 Fraud Detection and Deterrence 3 Credits
This course explores contemporary forensic accounting topics pertaining to fraud examination, detection and deterrence. Topics include audit responsibility and reporting, professional judgment, quality control and developing effective policies in preventing and detecting economic crimes. Students will apply relevant fraud examination techniques to a variety of settings.
Prerequisite(s): MACC 663 and completion of the Preliminary Accounting Requirements; this course is required for the Forensic Accounting and Fraud & Forensic Accounting concentrations.
MACC 667 Business Valuations: Fundamentals, Techniques and Theory 3 Credits
This course examines fundamentals of business valuations including basic, intermediate, and some advanced concepts and methodologies required by accounting and finance professionals in valuing a closely held (privately-owned) business where there is no market price.
Prerequisite(s): completion of PMBA 8240 or the Preliminary Accounting Requirements; this course applies to the Corporate Accounting for Managers, Forensic Accounting and Fraud & Forensic Accounting concentrations.
PMBA 8312 Business Intelligence Tech-Data Mining 3 Credits
In this course, students will learn to solve problems/exploit opportunities by processing datasets, interpreting results, and deploying solutions. This course provides hands-on experience with these tasks. Upon this base of experience, students will build a robust data mining methodology that can be applied to real-world investigations. The course of study will include Online Analytical Processing (OLAP), statistical and machine learning techniques, and unstructured text analysis. Students will learn to apply these techniques through the study of payroll, procurement, and expense report fraud. Cell phone and credit card fraud, credit and bankruptcy analysis, and customer relationship management will also be covered. This course applies to the Business Analytics, Forensic Accounting and Fraud & Forensic Accounting concentrations. This course applies to the graduate certificate in Business Analytics.
PMBA 8491 Business Law 3 Credits
Considers in depth the law relating to the sale of goods, commercial paper, and secured transactions as promulgated by the Uniform Commercial Code. Explores warranties, guarantees, remedies, and product liability. Also considers the law of agency, partnerships and corporations. International dimensions of sales law and related topics are addressed. Students who have taken BUS 211 Commercial Law or BUS 214 Advanced Business Law cannot take this course. This elective is particularly appropriate for students in the MAcc program and in anticipation of CPA law requirement; this course applies to the Entrepreneurship concentration.
Prerequisite(s): BUS 210 Introduction to Law: Contracts or its equivalent at another college or university; requires completion of MBA pre-program courses.