MSA Curriculum - 30 units

Program Requirements (27 Units)

Each course listed below is a 3.0 unit course

  • ACCY 250 Financial Reporting I
  • ACCY 260 Financial Reporting II (Prerequisite: ACCY 250)
  • ACCY 261 Cost Analysis and Control
  • ACCY 262 Auditing
  • ACCY 263 Governmental and Not-for-Profit-Accounting
  • ACCY 264 Taxation of Business Entities
  • ACCY 265 Advanced Accounting Information Systems Analysis and Controls
  • ACCY 266 Business Environment and Concepts
  • ACCY 269 Taxation of Individuals

 

Culminating Experience (3 Units)

  • ACCY 501 Culminating Experience Project in Accounting and Ethics

MS/Accountancy Courses Descriptions (Updated 3/25/2014)

ACCY 250. Financial Reporting I.  Corporate financial reporting to external users in accordance with US Generally Accepted Accounting Principles (GAAP), including financial information about a company’s economic resources, obligations, owners’ equity, income, cash flow, and use of information to evaluate a company’s return on investment, risk, financial flexibility, liquidity, and operational capability.    Units: 3.0.

ACCY 260. Financial Reporting II. In-depth study of technical financial accounting issues including accounting for pensions and leases, income tax, accounting changes, consolidated financial statements, and foreign currency.  Prerequisite ACCY 250. Units: 3.0.

ACCY 261. Cost Analysis and Control. Fundamentals of cost accounting concepts and practice relating to cost accumulation, control, and analysis for managerial planning and decision making. Specific topics generally include product costing, standards, cost allocation, estimation, budgeting, transfer pricing, and performance evaluation. Emphasis is on current issues. Units: 3.0.

ACCY 262. Auditing. Study auditing as a control activity in society. It covers a variety of opportunities in the auditing profession including external auditing, internal auditing, compliance auditing, and operational auditing as well as fraud examinations. Topics include evidence and documentation, auditing computer systems, and internal controls. Units: 3.0

ACCY 263. Governmental and Not-for-Profit Accounting. This course provides an in depth study of accounting and reporting for state and local governmental and non-profit Entities. The course emphasizes the governmental reporting environment, the accounting for various types of funds, the accounting aspects of budgetary control, and the preparation of governmental financial information to be included in the Comprehensive Annual Financial Report. This course also emphasizes the key differences between governmental and non-profit organizations, and the financial accounting and reporting for non-profit organizations. Units: 3.0

ACCY 264. Taxation of Business Entities. Covers the topics for corporate tax, partnership tax, estate and gift tax, and tax planning.  Corporate tax includes taxation of transactions between corporations and their shareholders, transfers to corporations, dividends and non-liquidating distributions, stock redemptions, corporate liquidations, and S corporation.  Partnership tax includes operation and liquidation, dissolution, sales, and exchange of partnership interests.  Estate and gift tax addresses the types of transfers for federal gift tax. Units: 3.0

ACCY 265. Advanced Accounting Information Systems Analysis and Controls. Emphasis on the role of computer and information technology in the development, analysis, and operation of accounting information systems; may include advanced coverage of accounting transaction cycles, accounting systems planning and analysis, accounting system design, accounting systems implementation and operation, the accounting system internal control structure, data modeling and database design in accounting, computer fraud and security, and auditing of computer-based information systems. Units: 3.0.

ACCY 266. Business Environment and ConceptsDesigned to provide understanding of knowledge and skills necessary for the general business environment and business operation. In addition, students are required to apply that knowledge in performing professional responsibilities.  Topics include corporate governance, business cycles, global economic markets, business strategy, effect of financial management policies on accounting transactions, economic substance of transactions and their accounting implications, and budgeting/forecasting techniques. Units: 3.0

ACCY 269. Taxation of Individuals. Covers the required topics for tax form preparation for reporting individual incomes.  Examine fundamental concepts in tax law and the underlying reasons for income identification, exemption, and deduction.Units: 3.0.

ACCY 501. Culminating Experience Project in Accounting and Ethics. Each student conducts an individual project to fulfill the culminating experience graduation requirement of the MS in Accountancy program as required in Title V of the CA Educational Code. The course also covers the development of ethical standards, ethical reasoning, AICPA Code of Professional Conduct, Accountants' professional responsibilities, financial reporting fraud and responses, corporate governance, and other relevant topics.  Prerequisite: Advancement to Candidacy. Units: 3.0.