Catalogue 2021 - 2022

Four-year Bachelor/Master Science in Accounting

General Information

This program allows undergraduate full time accounting majors in the College of Business to accelerate the completion of both the bachelor’s and master’s degrees in Accounting. Students accepted into this program can earn the Master of Science in Accounting degree in as few as four years.

This program is a combination of the undergraduate Accounting Major and the Master of Science in Accounting. With the permission of the department chair, students will be able to take any graduate course once they have completed the undergraduate prerequisite with a “B” or better. Graduates of this program will meet the 150-credit hour requirement and be qualified to sit for the CPA exam in Connecticut and Massachusetts. Students taking the CPA exam in other jurisdictions must check the requirements of the respective jurisdiction.

This program requires up to 18 credit hours a semester, summer study, and some graduate study prior to an undergraduate degree. Some instruction will be online. Students seeking admission to the program at the time of their admission to the university must take either the SAT or the ACT entrance exam and complete the Accelerated Accounting Program application. Students seeking admission to the program at a later time must have earned a “B+” average or better in AC 101/HONB 201, AC 202, AC 204 and AC 305 and a minimum 3.0 cumulative BSBA GPA. Students who wish to have a less-intensive undergraduate experience can move to the “4+1” program. To complete the accelerated program students must earn an average GPA of 3.0 or higher in AC 610, AC 611, FIN 612, AC 614, AC 620, FIN 630, AC 622, and three electives.

  

Accounting and Finance Faculty


Program Learning Goals

Note: Because this will appear in the catalogue in the format of the Five-year Bachelor/Master of Science in Accounting Program, the program objectives and the career development will not be displayed. The Program objectives are a combination of the BSBA in Accounting and the MSA objectives.

1. Understand the accounting conceptual framework as it relates to the measurement and reporting of financial information.

2. Understand the use of accounting information in the planning, controlling, and decision-making processes in organizations.

3. Understand internal control objectives and auditing standards and practices.

4. Understand the basic concepts of federal taxation.

5. Understand issues associated with the design and implementation of accounting information systems.

6. Demonstrate competency in analytical reasoning and problem solving skills.
   a. Apply relevant accounting knowledge, quantitative and qualitative decision making skills to resolve accounting related issues in: financial reporting, cost accounting, auditing, and taxation.
   b. Apply relevant accounting knowledge, quantitative and qualitative skills to critically analyze financial statements.

7. Demonstrate professional perspective in understanding accounting theory and practice.
   a. Understand the historical development of accounting theory, its impact on contemporary accounting practice, and how it relates to external and internal users.
   b. Understand the international accounting and auditing issues currently facing the accounting profession.

8. Demonstrate proficiency in using ethical reasoning skills.
   a. Identify ethical issues faced by accounting professionals.
   b. Describe and analyze ethical perceptions and frameworks for responding to ethical dilemmas
   c. Make a choice/evaluation and be able to effectively justify it based on professional codes of conduct and/or social responsibility.

9. Demonstrate effective use of research skills in investigating accounting issues/topics
   a. Identify relevant information for the research issue/topic.
   b. Locate and obtain information using professional accounting literature (e.g., FASB Accounting Standards Codification, IFRS, SAS, AS, IRC, etc.) and professional data bases.
   c. Resolve new or emerging accounting issues in a global perspective through researching the professional standards and codes.



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See Core Requirements for all Business Majors and General University Requirements