Master of Accountancy
Encyclopedia
Master of Accountancy alternatively Master of Professional Accountancy (MPAcy or MPA or MPAcc) or Master of Science in Accountancy (MSAcy), is a graduate professional degree designed to prepare students for public accounting and to provide them with the 150 credit hours required by most states before taking the Certified Public Accountant
(CPA) exam. A Master of Professional Accounting can also be obtained from Australian
universities to qualify for the Australian CPA
or CA.
This specialty program usually runs one year in length and contains from ten to twelve three semester credit courses (30 to 36 semester hours total). The program may consist of all graduate accounting courses or a combination of graduate accounting courses, graduate tax courses and other graduate business electives. The program is designed to not only prepare students for the CPA examination but also to provide a strong knowledge of accounting principles and business applications.
Graduates entering corporate accounting or consulting often additionally (alternatively) pursue the Certified Management Accountant
(CMA), Certified Internal Auditor (CIA) or other certifications.
Certified Public Accountant
Certified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...
(CPA) exam. A Master of Professional Accounting can also be obtained from Australian
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
universities to qualify for the Australian CPA
CPA Australia
CPA Australia is one of three professional accounting bodies in Australia, the others being the Institute of Public Accountants and the Institute of Chartered Accountants of Australia....
or CA.
This specialty program usually runs one year in length and contains from ten to twelve three semester credit courses (30 to 36 semester hours total). The program may consist of all graduate accounting courses or a combination of graduate accounting courses, graduate tax courses and other graduate business electives. The program is designed to not only prepare students for the CPA examination but also to provide a strong knowledge of accounting principles and business applications.
Graduates entering corporate accounting or consulting often additionally (alternatively) pursue the Certified Management Accountant
Certified Management Accountant
The title Certified Management Accountant is used by various professional bodies around the world to designate their different professional certifications....
(CMA), Certified Internal Auditor (CIA) or other certifications.
See also
- Bachelor of AccountancyBachelor of AccountancyThe degree of Bachelor of Accountancy is the principal academic degree in accountancy in several countries, and is often the only degree recognised for subsequent practice; see First professional degree. It is abbreviated B.Acy. or B.Acc. or B. Accty....
- Master of Science in TaxationMaster of Science in TaxationThe Master of Science in Taxation is a professional graduate degree specifically designed for individuals that desire to become tax specialists. An alternate degree title is "Master of Taxation" or "Master Business Taxation" . A student taking a MST program studies tax law and its application...
-- A similar, but more specialized, course of work - Master of LawsMaster of LawsThe Master of Laws is an advanced academic degree, pursued by those holding a professional law degree, and is commonly abbreviated LL.M. from its Latin name, Legum Magister. The University of Oxford names its taught masters of laws B.C.L...
-- LL.M. in Tax is an advanced law degree - Certified Public AccountantCertified Public AccountantCertified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...
- Enrolled AgentEnrolled AgentAn Enrolled Agent is a tax professional recognized by the United States federal government to represent taxpayers in dealings with the Internal Revenue Service...
-- Recognition to represent taxpayers with the IRSInternal Revenue ServiceThe Internal Revenue Service is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue...