Dr. Douglas M. Boyle, Chair, Department of Accounting
570-941-4047- douglas.boyle@scranton.edu
James Boyle, Online & On-Campus Masters in Accountancy Program Director
570-941-6594 - james.boyle@scranton.edu
Department of Accounting Faculty: Professors – Brian Carpenter, PhD, CMA; Daniel Mahoney, PhD, CPA, CFE, CMA; Associate Professors – Douglas M. Boyle, DBA, CPA, CMA, (Chair, Doctor of Business Administration Director), Robyn Lawrence, PhD, CMA, David Salerno, CPA; Assistant Professors - James Boyle, DBA, CPA, (Director); Faculty Specialists - Andrew J. Gregorwicz, Amanda S. Marcy, CPA; Linda C. Mlodzienski, CPA; Ashley L. Stampone, CPA.
The demand for flexible, high quality accounting education at the master’s level is at an all-time high and is expected to continue growing at a rapid rate. Such growth is fueled by two key market dynamics: (1) most State Boards of Accountancy now require candidates to fulfill 150 credit hours in order to obtain a license (for most CPA candidates who are bachelor degree holders, this means at least 30 credit hours of extra coursework is necessary), and (2) current hiring by public accounting firms is not only at a record high, but continued growth is projected.
Given the robust current and projected demand for high-quality flexible masters-level accounting education, students may enter the Master of Accountancy program in the following ways:
1. A masters in accountancy program delivered entirely online or on campus and targeted toward recent graduates from bachelor’s in accounting programs as well as young professionals working in public accounting firms (within their first three years). Students must hold an undergraduate bachelor’s in accounting degree or hold an undergraduate bachelor’s degree in business with the completion of satisfactory accounting coursework at the intermediate level such as: ACC 361 Intermediate Accounting I, ACC 362 Intermediate Accounting II, ACC 363 Federal Taxation, ACC 461 Cost Accounting, and ACC 464 Auditing Theory, as determined by the Accounting Department Chair;
2. A five-year, combined bachelors/masters in accountancy program.
The Kania School of Management has established the following Learning Goals for the Accountancy Program.
Students will gain extensive knowledge in the field of accounting and understand the manner in which accounting information is generated and disseminated.
Students will research advanced current topics in accounting and demonstrate an understanding of both theoretical and practical applications of their findings.
- Students will understand the processes of the governing bodies charged with the creation and oversight of the various accounting and auditing standards/practices.
- Students will understand how accounting information is generated and how it is used by key stakeholders.
Students will be capable of applying an advanced level of accounting knowledge as a means of solving business problems.
- Students will demonstrate an understanding of advanced accounting concepts and the ways in which such concepts can be applied to current reporting requirements.
- Students will demonstrate the ability to use accounting information in solving current real world problems commonly faced by key stakeholders like managers and current and prospective investors/creditors.
Students will be capable of critically analyzing accounting information and utilizing their knowledge of the field to disseminate value-added insights throughout the firm.
- Students will analyze business situations and provide value-added insights and recommendations to contribute to the decision making process.
- Using appropriate accounting methods, students will critique the firm’s performance and provide a foundation for performance improvement.
Students will be able to effectively identify and evaluate the kinds of ethical challenges often faced by accounting professionals and express their ability to appropriately respond in a manner that is consistent with the profession’s high ethical expectations.
- Students will demonstrate a comprehensive understanding of ethical theory, principles, and rules via direct application to practical ethical dilemmas.
- Students gain an understanding of the high ethical expectations of the profession and how to become more aware of their own behaviors and life choices as a means of fulfilling such expectations.
Students will understand the global environment of the accounting profession and the critical leadership role they must be able to fill within the broader business environment.
- Through analyses of specific management scenarios, students will analyze the critical role accounting professionals play in the global business environment.
- Students will apply accounting techniques to add value and insights and thus enable the firm to capitalize on emerging business opportunities.
Students will demonstrate the kinds of advanced communication skills that are consistent with the profession’s high demands and expectations.
- Students will understand the importance of providing effective communication to key stakeholders within and outside of the firm.
- By way of a series of writing assignments targeted toward satisfying the expectations of key stakeholders, students will demonstrate a mastery of writing skills.
The Accounting Department offers interested and qualified students the opportunity to earn both a Bachelor of Science degree in accounting and a Master of Accountancy degree. With judicious course scheduling, students can complete the program within as few as four academic years. This program was developed in response the to the adoption by most states of a 150 credit-hour educational requirement to become a Certified Public Accountant and to provide students with the opportunity to work full-time in the profession, while completing the last year of the program either online or on campus.
Students interested in the combined BS/MAcc degree program should apply as incoming freshmen to reserve a seat and inform academic advising. In addition, students should apply to Graduate Admissions as early as December of their junior year. Acceptance into the combined program is based on the student’s previous academic performance and statement of purpose. Students must adhere to requirements as listed in the Graduate Studies Catalog.
Once a student is admitted to this combined program, he/she would be permitted to take two graduate courses per term while still classified as undergraduate student. If the two courses are “cross-listed” (graduate/undergraduate) courses as indicated below, they may count toward both the Bachelor of Science degree in Accounting and the Master of Accountancy degree:
- ACC 460 - Advanced Accounting I and ACC 540 Contemporary Financial Accounting Topics
- ACC 463 - Financial Statement Analysis and Research and ACC 527 Financial Reporting and Research
- ACC 465 - Accounting Communications and ACC 538 Effective Accounting Communications
- ACC 473 - Advanced Auditing and ACC 531 Advanced Auditing
- ACC 475 - International Accounting and ACC 525 International Accounting
Once classified as a graduate student, a student may take campus-based or online courses (after completion of the bachelor’s degree) to complete his/her Master of Accountancy degree. If a student elects to take the remaining courses online, then the student must apply to become an online student. A minimum overall undergraduate GPA of 3.00 and a minimum GPA of 3.00 in the undergraduate accounting major is required in order to advance from the undergraduate component of the accounting program into graduate study. A minimum overall GPA of 3.00 must be achieved and maintained for all graduate courses. The student is awarded the Master of Accountancy degree upon completion of the graduate requirements.
Combined Program Course Requirements
Existing Three Undergraduate Tracks
General, Forensic, Information Systems (120-125 credits)
Courses Required (18 credits; 6 courses)
ECO 507 - Managerial Economics
FIN 508 - Financial Management
ACC 538 - Effective Accounting Communication
ACC 539 - Accounting Ethics: The Foundation of the Profession
ACC 540 - Contemporary Financial Accounting Topics
ACC 550 - Applied Accounting Research (capstone)
Elective Courses (12 credits; select any 4 courses)
ACC 514 - Accounting Integration and Configuration
ACC 522 - Federal Taxes
ACC 525 - International Accounting
ACC 527 - Financial Reporting and Research
ACC 529 - Special Topics in Accounting
ACC 531 - Advanced Auditing
ACC 532 - Advanced Taxation & Regulation
ACC 536 - Contemporary Managerial Accounting Topics
ACC 537 - Advanced Financial Accounting
ACC 541 - Financial Reporting Fraud Detection & Prevention
ACC 542 - Occupational Fraud & Abuse
Masters in Accountancy (MAcc) Program
For a student to be eligible for admission into the Masters in Accountancy program, he/she must hold a bachelor’s degree in accounting or students must hold an undergraduate bachelors in accounting degree or hold an undergraduate bachelors degree in business with the completion of satisfactory accounting coursework at the intermediate level such as: ACC 361 - Intermediate Accounting I, ACC 362 - Intermediate Accounting II, ACC 363 - Federal Taxation, ACC 461 - Cost Accounting, and ACC 464 -Auditing Theory, as determined by the Accounting Department Chair. A minimum overall undergraduate GPA of 3.00 and a minimum GPA of 3.00 in the undergraduate accounting major is required for admittance to graduate study. A minimum overall GPA of 3.00 must be achieved and maintained for all graduate courses. The student is awarded the Master of Accountancy degree upon completion of the graduate requirements.
Masters in Accountancy Program Course Requirements
Required Graduate Courses (18 credits; 3 credits each)
ECO 507 - Managerial Economics
FIN 508 - Financial Management
ACC 538 - Effective Accounting Communication
ACC 539 - Accounting Ethics: The Foundation of the Profession
ACC 540 - Contemporary Financial Accounting Topics
ACC 550 - Applied Accounting Research (capstone)
Elective Graduate Courses (12 credits; 3 credits each; select any 4)
ACC 514 - Accounting Integration and Configuration
ACC 525 - International Accounting
ACC 527 - Financial Reporting and Research
ACC 529 - Special Topics in Accounting
ACC 531 - Advanced Auditing
ACC 532 - Advanced Taxation & Regulation
ACC 536 - Contemporary Managerial Accounting Topics
ACC 541 - Financial Reporting Fraud Detection & Prevention
ACC 542 - Occupational Fraud & Abuse
Program Total 30 credits
Capstone Experience
ACC 550 - Applied Accounting Research - The capstone experience immerses the student (through discussion, analysis, data gathering, and writing) in current practitioner research topics requiring him/her to demonstrate a mastery of the research process, tools, techniques, findings, and journals while applying critical thinking skills. The research spectrum will include ethical, financial, international, forensic, and auditing topics.
Other Graduate Level Accounting Courses
The MAcc Program Director may recommend that other graduate level accounting courses count as MAcc program elective courses, such as ACC 502 - Accounting for Management and ACC 529 - Special Topics.
Masters in Accountancy (MAcc) Program Provisional Acceptance
A student who has not completed an undergraduate bachelor’s degree in accounting may be eligible for provisional acceptance into the Master’s in Accountancy Program if he/she completed an undergraduate bachelor’s degree in business. The MAcc Program Director will consider any accounting courses completed by each student applicant, as well as any relevant accounting professional work experience, in making a recommendation about whether to provisionally accept a student applicant into the Master’s in Accountancy Program and in determining each accepted student’s required bridge coursework.
Generally, in addition to the normal MAcc program required coursework, provisionally accepted students must complete the following courses:
ACC 502 - Accounting for Management Accounting
ACC 505 - Intermediate Accounting I
ACC 506 - Intermediate Accounting II
ACC 507 - Intermediate Accounting III
In view of the above additional required accounting coursework, ACC 540 is normally waived. Therefore, provisionally accepted Master’s in Accountancy Program students must normally complete 39 credits of required coursework. The MAcc Program Director may also recommend additional required courses as appropriate, such as MBA 502A - Financial Accounting Module and MBA 502B - Managerial Accounting Module, or may waive ACC 502 , depending on each student’s previous accounting courses completed and the grade(s) earned, as well as any relevant accounting professional work experience.
Entering students should also possess the requisite background knowledge in the MAcc program core courses of ECO 507 - Managerial Economics and FIN 508 - Financial Management. Students lacking such background knowledge for ECO 507 will be required to complete MBA 503A and MBA 503B . Students lacking such background knowledge for FIN 508 will be required to complete MBA 503C .
Masters in Accountancy (MAcc) Program Probationary Acceptance
A student with less than an overall undergraduate GPA of 3.00, and/or with less than a GPA of 3.00 in undergraduate accounting courses, may receive probationary acceptance into the Master’s in Accountancy Program with reasonable cause and the recommendation of the MAcc Program Director.
Probationary acceptance status requires the student to achieve a cumulative GPA of at least 3.00 in the first nine credits of coursework in the MAcc program.
Masters of Accountancy (MAcc) Program Academic Honesty Zero Tolerance Policy
In recognition of the high ethical demands of the accounting and financial management profession, the University of Scranton MAcc program has adopted a zero tolerance policy for any academic dishonesty. All University of Scranton MAcc program applicants must sign the Master of Accountancy (MAcc) Program Student Applicant Academic Honesty Certification and Agreement Form as a condition of acceptance into the program. Immediate, appropriate sanctions will result for any MAcc student violation of the University of Scranton Academic Code of Honesty.