Advanced Functional Knowledge of Accounting: Knowledge and understanding of concepts, theories, and practices in accounting information systems and financial reporting, assurance service, accounting for governmental and not-for-profit organizations, international accounting, and taxation.
Upon completion of M.S in Accounting, graduates will be able to demonstrate advanced functional knowledge of accounting by:
- Using the concepts and theories of advanced functional knowledge in professional settings.
- Advising clients and supervisors on advanced tax issues related to corporations, S-corporations, C-corporations, trusts and estates, and partnerships.
- Forming an informed and objective opinion regarding the reliability and relevance of accounting and financial information.
- Applying International Financial Reporting Standards (IFRS) and mastering international financial reporting practices.
Critical Thinking: Identification and analysis of complex technical information to reach well-reasoned conclusions about accounting issues.
Upon completion of a M.S. in Accounting, graduates will be able to demonstrate critical thinking by:
- Identifying an accounting problem or issue to be addressed,
- Evaluating technical information relevant to the problem or issue,
- Evaluating the assumptions and limitations of decision alternatives, and
- Formulating well-reasoned decisions and conclusions.
Data Analytics Skills: Extracting, transforming, and analyzing data, and identifying irregularities and patterns in big data to predict outcomes using data analytics techniques.
Upon completion of a M.S. in Accounting, graduates will be able to demonstrate data analytics skills by:
- Applying appropriate data analytics techniques to solve accounting problems.
- Using data analytics software (IDEA, Power BI, and ACL software) to extract, transform, and load relevant accounting data.
- Applying fundamental business knowledge to analyze accounting problems.
- Conducting applied scientific research.
- Using analytics and data visualization technologies to support accounting data analysis.
Professional Responsibility: Understanding the professional responsibilities and ethical standards of the accounting profession.
Upon completion of a M.S. in Accounting, graduates will be able to demonstrate professional responsibility by:
- Recognizing the roles and duties of the professional accountant in accounting firms, businesses, and other agencies.
- Identifying ethical considerations relevant to accounting problems.
- Evaluating the ethical impact of accounting practices and decisions.
- Using ethical and professional judgement to make accounting and business decisions.