Deepen Your Knowledge of Accounting Principles
Southern New Hampshire University's online accounting master's degree curriculum provides students with the strong accounting background that is required to be highly successful in this field. The MS in Accounting meets the 150 credit-hour requirement to sit for the Certified Public Accountant (CPA) exam adopted by most states. However, requirements to sit for the CPA exam vary by state. Be sure to check the Board of Accountancy in your state for complete details.
Additionally, if you have an undergraduate degree in accounting, you may be able to earn an advanced graduate certificate Forensic Accounting and Fraud Examination by completing just one additional course as part of MS in Accounting curriculum. You may also enjoy the flexibility of on-campus, on-location and online courses for accounting as you work toward earning your master's degree. Select accounting courses in the format that best fits your schedule and learning style.
MS in Accounting Curriculum Requirements
Total Credits Required: 36 to 51
SNHU's online accounting master’s degree curriculum requires a minimum of 12 and a maximum of 17 graduate courses (36 to 51 credits), determined by your undergraduate background in business and undergraduate major. Other courses are eligible for exemptions or waivers if you have an undergraduate major or concentration in accounting or Accounting/Finance. Many online accounting courses are offered to satisfy requirements of the master's in accounting program. The MS in Accounting meets the 150-credit-hour requirements to sit for the Certified Public Accountant exam adopted by most states.
MS in Accounting Required Courses
ACC-550: Cost Accounting
This course provides a comprehensive study of the concepts, procedures, and practices of accounting systems that record, classify, and report cost data. These systems are designed to aid in the cost-effective operation of for-profit and non- profit organizations. This course focuses on cost behaviors, alternative cost systems, and accounting tools for planning and control. Additional topics studied would include relevant cost analysis for management decisions, cost/ revenue allocation methods, inventory management, and transfer pricing.
ACC-610: Financial Reporting I
This course examines financial accounting theories and practices and emphasizes asset and liability, measurement and reporting.
ACC-620: Financial Reporting II
This course is a continuation of ACC 610. Topics include stockholders' equity, income measurement, income taxes, pensions, leases and statements of changes in financial positions.
ACC-630: Financial Reporting III
This course examines such advanced accounting topics as partnerships, consolidations, insolvencies, estates and trusts.
This course is a study of the concepts and methods of professional auditing.
ACC-675: Control/Audit of Accounting Info System
New auditing and quality control standards adopted by the PCAOB and the AICPA require auditors to have adequate technical training and must understand the role information technologies play in the maintenance and effective internal control of financial information. Knowledge of EDP auditing and control is particularly important in complying with Section 404 of Sarbanes-Oxley (SOX), which requires auditors to attest to the standards of internal control and any material weaknesses disclosed by senior management. This course will give auditors the knowledge they need to comply with SOX Section 404 by allowing them to test the process rather than just the product of the financial information system. Select curricular standards set by ISACA will be addressed to assess and to improve auditing and internal control practices.
ACC-620 and ACC-640
ACC-690: Advanced Topics in Financial Reporting
This course is an examination of advanced topics in accounting, including SEC reporting, corporations in financial difficulty, multinational accounting and additional consolidation reporting issues not covered in Financial Reporting II.
ACC-700: Accounting Capstone
As the final step in students' journeys toward their Master of Science degrees in Accounting, this capstone course will integrate previous coursework and practical experience with a focus on authentic demonstration of competencies outlined by the program. Rather than introducing new concepts, students will synthesize and integrate prior learning to design or develop a capstone as a culmination of their studies. The course will be structured to support student success in fulfilling program requirements and developing a well-thought-out, comprehensive capstone project. Prerequisite: Completion of 30 credits in the program.
ACC-630 or ACC-640
FIN-500: Financial Management
This course is a study of financial decision- making in a firm, including its relationship to financial markets and institutions. Background preparation: 6 credit hours in economics.
ACC-500, ACC-510 or ACC-550 and MBA-502
INT-600: Multinational Corporate Management
This course is an introduction to the nature of international operations and issues of management for multinational activities, with particular emphasis on the cultural, political, economic and physical dimensions of foreign nations.
MBA-610: Business Law
This course focuses on the theory and application of business regulations and the laws of contracts, agency, property and business organizations. Background preparation: 3 credit hours in business law or the equivalent.
QSO-510: Quantitative Analysis for Decision Making
This is a survey of the mathematical, probabilistic and statistical tools available for assisting in the operation and management of industrial organizations. Background preparation: 6 credit hours in mathematics and 3 credit hours in statistics, or the equivalent.
TAX-650: Federal Taxation of Individuals
This course studies the theory and practice of federal income taxation of individuals.
TAX-655: Federal Income Tax of Corporations & Partnerships
This course studies the theories and practices of income taxation of corporations and partnerships and excise tax on estates and gifts.
ACC 550 Cost Accounting - If waived, replaced with ACC 660
ACC 610 Financial Reporting I - If waived, replaced with ACC 680
ACC 640 Auditing - If waived, replaced with ACC 646
MBA 610 Business Law - If exempt, no replacement, as long as total number of credits is obtained
TAX 650 Federal Taxation of Individuals- If exempt, no replacement, as long as total number of credits is obtained
For those who do not meet the minimum requirements, the following courses may be required:
MBA-501: Mathematics and Statistics for Business
This is an applied course, which will provide students with the mathematical knowledge and skills that underlie many courses offered in the school of business. Students will learn the fundamental concepts and methods of linear algebra, mathematical functions, differential calculus and statistics and their applications to business. They will also sharpen their quantitative, analytical and problem-solving skills that are so important for success in the world of business today.
MBA-502: Economics for Business
This course is intended to provide the student with a concisely focused yet rigorous introduction to both micro- and macroeconomic theory needed at the foundational level of a graduate degree program. Some of the topics to be addressed include: market behavior; demand theory and related elasticity concepts; production and cost theory; managerial decision-making in perfectly competitive and imperfectly competitive markets; GDP determination; unemployment and inflation; and fiscal and monetary policy.
MBA-503: Financial Reporting and Analysis
This course is designed to help future business leaders across all functional areas appreciate and understand the rules and regulations, processes and procedures, and significance of financial accounting statements and reports. It provides a balanced presentation between how statements are prepared and, more importantly, how to analyze these statements and footnotes to assess a company's performance within the industry and management's performance within a particular company. New government regulations have made the integrity and quality of financial accounting information everyone's responsibility. This course will help future business leaders conduct better internal audits, improve forecasts and valuations, and make better management decisions.