MS Professional Accounting
Accounting Area Mission
The Accounting Area of the Lubar School of Business strives to provide a high-quality educational experience responsive to the needs of a diverse group of undergraduate and graduate students, the Wisconsin business community, and the accounting profession. We deliver rigorous, applied and theoretical programs that are technology enhanced and provide students with the knowledge and ethical framework needed to enter and progress in professional accounting careers. We engage in research that is relevant to theory, practice, and education. We collaborate with the business community to share knowledge, provide our students with real-world experience and align our programs with the needs of the industry.
Program
This area of concentration provides professional accounting training to students who have already obtained a baccalaureate in accounting, and wish to fulfill the 150-credit hour requirements to write the Certified Public Accounting (CPA) examination. In today's society accountants are valued for the crucial data they provide to help businesses plan operations and monitor performance. Information systems designed by accountants guide investors and creditors in decision-making. Audits by CPAs attest to the fairness of the financial information presented by companies and not-for-profit organizations. This area of concentration is designed to develop a highly professional and employable specialist in accounting, increase the student's knowledge in a related discipline, and satisfy the requirements to sit for the national CPA examination.For those who begin in Fall 2006 or thereafter.
Core Courses (15 credits) Bus Adm 724 Business Consolidations and Governmental Accounting
Bus Adm 753 Advanced Business Law
Bus Adm 821 Business Taxation
Bus Adm 821 Current Issues in Financial Reporting
Bus Adm 840 Current Issues in Financial Reporting
Bus Adm 844 Auditing: Professional Standards and Practice
Elective Tracks Financial Reporting (15 Credits)
Required (9 Credits):Bus Adm 840 Current Issues in Financial Reporting
Bus Adm 841 Financial Statement Analysis
Bus Adm 843 International Accounting Theory and Practice
Electives (6 Credits):Bus Adm 746 Topics in Management Information Systems - IT for Strategic Enterprise Management section only
Bus Adm 747 Systems Analysis & Design
Bus Adm 749 Data Management Systems
Bus Adm 771 Investments
Bus Adm 773 Options and Futures
Bus Adm 774 Global Financial Management
Bus Adm 775 Financial Strategy
Bus Adm 778 Financial Institutions and Markets
Bus Adm 848 Professional Accounting Practice
Taxation (15 Credits)
Required (12 Credits):Bus Adm 820 Tax Research, Practice, and Procedure
Bus Adm 823 Corporate Income Taxation
Bus Adm 826 Tax Planning for Individuals
Bus Adm 828 Taxation of Partnerships, S Corporations, & LLC’s
Electives (3 Credits):Bus Adm 840 Current Issues in Financial Reporting
Bus Adm 841 Financial Statement Analysis
Bus Adm 843 International Accounting Theory and Practice Investments
Bus Adm 848 Professional Accounting Practice
Total Degree Credit Required: 30 Credits
Foundation CoursesStudents admitted to the MS-Professional Accounting program are assumed to have completed the following background courses: Intermediate Accounting, Business Law I, Advanced Financial Accounting, Cost Accounting, Individual Income Tax, Corporate Income Tax, Accounting Information Systems, and Auditing. Foundation courses do not apply as credit for the degree.
Students are also expected to have basic proficiency in word processing, spreadsheet, and database software for microcomputers; credits taken to acquire these skills do not apply toward the degree.
Bus Adm Course Descriptions
Bus Mgmt Course Descriptions
The UWM-Sheldon B. Lubar School of Business makes every effort to ensure that the information on this page is accurate and up-to-date. However, it is the student's responsibility to verify all program requirements with an academic advisor in Graduate Program Services.
