Area of Study Overview
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New skills are necessary to develop and prepare students to compete in the global marketplace. Accounting professions are now focused more on forward-thinking and using information to anticipate and resolve issues. Today’s accounting programs focus student learning on measuring past performance and historical trends. Emerging issues in a global, diversified economy require leaders in accounting to analyze and develop timely and accurate financial information to engage improved resource allocation.
The MBA degree program with an area of study in Accounting emphasizes both the theoretical understanding of emerging issues as well as an advanced curriculum of financial and managerial accounting. Additionally, accountants must ensure that not only is the financial information accurate and timely reported, but also that appropriate accounting systems are in place and incompliance with statutory regulations.
Skills and functions of a seasoned accountant may include:
- adapt appropriate cost processes to manage production costs and segment development;
- assess an entity’s financial condition through timely and accurate financial information;
- test financial and statutory compliance through audits;
- implement and monitor budgets to guide financial decisions; and
- critique accounting information systems to improve entity performance.
An MBA degree with an area of study in Accounting will provide students with advanced financial skills that may contribute toward providing education requirements needed to qualify for the CPA exam. Moreover, this program will benefit those currently in the accounting profession through enhanced skills and concepts.
Prerequisites
In addition to the MBA admissions criteria, 12 credit hours in undergraduate accounting with an equivalent to Intermediate Accounting I and II.