Master of Accountancy Curriculum

Curriculum & Degree Requirements

     The following curriculum requirements apply to all MAC degree students:

1. Strict compliance with prerequisites is required and will be addressed in admission letter.
2. Business elective courses are not accepted unless special permission has been given by the MAC counselor. No business course may be taken Pass/Fail.
3. Completion of course requirements should be done within six years of the semester admitted to the MAC degree program. All graduate students are expected to make steady and satisfactory progress toward their degree. Students who fail to maintain enrollment for a period of more than 24 months will be considered to have withdrawn from the program. Students who seek to return after such a period of time (or longer) are required to contact the MAC counselor for readmission. Based on the request of the school, the College of Business Associate Dean will consider the student for readmission.
4. Candidates for the MAC degree must earn a minimum of 24 of the 30 graduate credits in residence at the University of Louisville.

 Course Requirements

     The Master of Accountancy program consists of 19 graduate hours in accounting courses, 3 graduate hours in commercial law and 9 graduate hours of electives.  Electives may be chosen from any 600-level course offered by the College of Business. Electives outside the College of Business may be taken with permission of the Director of the School of Accountancy.  

Master of Accountancy Course Requirements			Semester Hours
		ACCT 611 Cost & Operations Mgmt	3
		ACCT 615 Advanced Financial and Governmental Accounting	3
		ACCT 631 Federal Taxation	3
		ACCT 641 Financial Accounting & Professionalism	3
		ACCT 651 Auditing & Systems	6
		CLAW 610 Commercial Law for Professional Accountants	3
		Professional Interest Area Electives	9
Minimum total			30

      Click to view descriptions for required courses.

Master of Accountancy Prerequisites

Taxation - Overview of federal taxation, tax terminology, income tax formulas, tax accounting methods, gross income, deductions and losses, significant coverage of property transactions, introduction to tax research, tax problems relating to all aspects of corporate and partnership taxation - University of Louisville course numbers Acct 315, 415 

Auditing and Systems - Accounting transaction processing cycles, systems development, system documentation, database systems, evaluation of internal control structures, assessment of control risks - University of Louisville course numbers CIS 300, Acct 310, 411, 430 

Managerial Cost Accounting - Cost accounting concepts and terms, job costing and process costing, activity-based costing, budgeting, variable costing, C-V-P analysis, differential/relevant cost and revenue analysis, standard costing and variance analysis - University of Louisville course number Acct 320 

Financial Accounting - A range of topics normally covered in the intro and intermediate accounting sequences that is a two-course sequence for some undergraduate programs and three-course sequence for others - University of Louisville course numbers Acct 201, 202, 301, 302

For more information about the UofL College of Business masters degrees, contact Jennifer Philpot at 502-852-7257 or attend an upcoming MBA Information Session.