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					MASTER OF PROFESSIONAL ACCOUNTANCY PROGRAM

The Master of Professional Accountancy (MPAcc) develops in-depth competence of
accounting skills and practices within a student’s chosen concentration; taxation, fraud
and forensic audit, or accounting. It emphasizes the development of written and oral
communication skills, teamwork and critical thinking skills, and provides a sound
understanding of the legal and regulatory environments. The goal of this program is to
prepare students for professional leadership positions.

The pursuit of excellence in teaching and learning is the department’s primary purpose.
Intellectual contributions in accounting and related fields that enhance teaching and
learning and contribute to scholarship through both applied research and other avenues of
professional development are secondary though fundamental to the mission of the
department. Service to Metro State, the accounting profession, and the community and
society in general is a secondary albeit fundamental component of the Metro State
Accounting Department’s mission.

The department is committed to ethical values, continuous improvement and mutual
respect within a diverse campus community.

Master of Professional Accountancy Candidate Requirements

This program will benefit students by providing them an additional thirty credit hours of in-depth
specialized accounting skills and knowledge. The program has a professional practice
orientation with research and writing threaded through all courses. Technology and information
system applications will be pervasive. The program will be research based, writing intensive,
technologically oriented, and contain service learning components. Providing our students with a
quality master’s level curriculum will prepare them for the additional requirements and
expectations of the profession.

The departmental learning goals for the MPAcc students are that they will be able to demonstrate
   1. competencies of accounting skills and practices, within their concentration, including a
       sound understanding of the legal and regulatory environments;
   2. written and oral communication skills;
   3. teamwork;
   4. critical thinking skills;
   5. leadership.

The program is research-based, writing intensive, technologically oriented, and contains service
learning components. No thesis is necessary. The program has a professional practice
orientation with research and writing threaded through all courses. Technology and information
system applications are pervasive. Students may participate either in a service learning course or
an internship to expose them to actual professional practice.

The MPAcc requires 30 credit hours of master’s level (5000 and 6000 level) accounting courses.
A student will choose from among three concentrations of study: (a) taxation, (b) fraud
examination and forensic auditing, and (c) accounting. Students interested in becoming Certified
Public Accountants (CPA) should be aware that they must take at least three hours of auditing
course work. A minimum of 21 semester hours of business courses are necessary for the CPA
examination in Colorado in addition to 27 semester hours of accounting. The business courses
are not necessary for the MPAcc degree and may have been completed within an undergraduate
business and/or accounting degree program.

To earn the MPAcc degree, a student must successfully complete 21 or more credit hours of course
work at Metro State. A minimum GPA of 3.0 must be maintained at all times while enrolled in
the MPAcc program

Required Admissions Documentation:
      GMAT. The Graduate Management Admission Test (GMAT) score. The GRE
      cannot be substituted. Test scores are only valid for 5 years. Contact the GMAC for
      information. http://www.gmac.org
      GPA. No minimum GPA is required, however past experience indicates that a 3.0 GPA,
      or better, is the common threshold for successful master’s students.
      Index. The index is calculated based on the GMAT score + (200 x GPA). The index
      may be calculated two ways: (1) regular full GPA from all courses completed, or (2)
      GPA from the last 60 semester hours completed.
                   o A calculated index of 1200 or more provides automatic admission to the
                       program.
                   o Scores between 1000 and 1200 qualify students’ applications for
                       consideration of admission.
                   o An index score below 1000 will disqualify the application for
                       consideration for admission.
      Three references. Do not submit reference letters. Provide names and contact
      information for individuals who can offer evidence of your abilities to complete graduate-
      level course work. For example, individuals who can address your abilities in decision-
      making, critical reasoning, ethics, and communications should be considered.
      Brief Essay. Provide a personal statement concerning your goals and objectives in
      pursuing the MPAcc degree. This essay, letter, or statement should amplify your
      intentions and how you fit the profile of an accounting master’s student and how this
      graduate education will assist you in life. You may wish to include examples of
      leadership, strengths, and unique characteristics about yourself.
      Official Transcripts. All undergraduate and graduate coursework must be reported via
      official transcripts. Up to 9 semester hours of graduate level transfer courses may be
      accepted.
      Current Detailed Resume. Please include work experience with start and end dates
      (month and year) for each position held, and indicate full-time or part time. Brevity is
      not necessary.
      An Official Application to Metropolitan State College of Denver. This will provide you
      with a student number.

Options: Students may enter the program at either of two levels: current Metro undergraduate
(3+2 program) or with a completed bachelor’s degree (4+1 program).
       1. Admission Policy for the 4+1 program: Requirements include holding a
          baccalaureate degree from a regionally accredited university or college. Admission is
          competitive and designed to identify those applicants who have the ability, interest,
          and maturity to manage the rigors of the MPAcc as well as potential for future
          professional growth. The graduate program coordinator in consultation with the
          MPAcc admissions committee will consider all aspects of an applicant’s background.

           Students are expected to complete prerequisite courses for the graduate program
           courses, as needed. Students without an undergraduate accounting degree will be
           required to complete a minimum of twelve hours of leveling credits which include
                   ACC2010 Principles of Accounting I,
                   ACC2020 Principles of Accounting II,
                   ACC3510 Intermediate Accounting I, and
                   ACC3520 Intermediate Accounting II.
                   ACC3090 Income Tax is required for tax emphasis

       2. Admission Policy for the 3+2 program: Currently matriculating undergraduate
          students may apply to the master’s program during completion of their second
          semester junior year, after completion of at least Intermediate Accounting I (ACC
          3510) and Income Taxation (ACC 3090). ACC 2010 and 2020 are acceptable as
          transfer courses.

           Similar to other 3+2 programs in the state, currently enrolled accounting majors may
           be admitted to the graduate program during the second semester of their junior year –
           after completion of at least Intermediate Accounting I (ACC 3510) and Income
           Taxation (ACC 3090). During the students’ last 60 hours of course work, they may
           enroll in undergraduate and graduate courses – subject to prerequisite limitations.
           Until they accumulate 132 total credit hours, 3+2 students will be classified as
           undergraduates for financial aid, tuition, and COF purposes (COF applies to courses
           numbered 1000, 2000, 3000, and 4000 only). Upon successful completion of the joint
           programs, the student may receive both degrees, B.S. and MPAcc, during
           commencement.

Transfer courses: Up to 9 semester hours of graduate level courses from an AACSB-accredited
college or university may be transferred with the permission of the MPAcc coordinator. The
transfer courses must be accounting, taxation, law or fraud-related.

Consultation with MPAcc coordinator: All students accepted for admission to the program
must have an advising session with the coordinator to develop a plan of study. Registration for
courses cannot occur without an approved plan of study.
PROGRAM INFORMATION
The program includes required courses and a concentration.

       COURSES…………………………………………………………SEMESTER HOURS
       Required courses………………………………………………………………12
       Concentration………………………………………………………………….18
       Total hours for MPAcc (minimum)……………………….…………….30

REQUIRED COURSES
The required courses lay the professional accounting foundation which includes written and oral
communication skills, critical thinking skills, ethics, leadership and teamwork.

       COURSES                                                             SEMESTER HOURS
       ACCM 5000 Accounting Ethics & Professionalism……………………….…….3
       ACCM 5020 Communication and Accounting Research…………………...……3
       ACCM 5510 Accounting Theory……………………….………………….…….3
       ACCM 5600 Seminar in Fraud Awareness.…………………………….………..3

CONCENTRATIONS
In consultation with the MPAcc coordinator, students choose an area of concentration in
taxation, fraud examination and forensic auditing or accounting. Each concentration develops
the students competency in that area while continuing to focus on the core attributes developed
in the required courses. Each concentration requires a minimum of 18 credit hours.

   TAXATION
   COURSES……………………………………………………………………….SEMESTER HOURS
   ACCM 5090 Tax Research…………………….……………………………………………….3
   Plus 15 credit hours from the following courses or from any other ACCM master’s level course
   ACCM 5980 Masters Accounting Internship…………………………………………………...3
   ACCM 6090 Tax Practice and Procedures……………………..…………………………….…3
   ACCM 6100 Taxation of Corporations and Shareholders I…………………….………………3
   ACCM 6110 Taxation of Corporations and Shareholders II…………………….……………...3
   ACCM 6140 Taxation of Partners and Partnerships……………………..……………………...3
   ACCM 6150 Tax Planning: Trusts, Estates, and Gifts …………………………………………3
   ACCM 6160 Taxation of International Transactions…………………….……………………..3
   ACCM 6170 Taxation of Oil, Gas and Minerals……………………..…………………………3
   ACCM 6180 Special Topics in Taxation……………………..…………………………………3
   ACCM 6840 Variable Topics in Accounting, Fraud, and Taxation…………………………..1-12
   ACCM 6900 Teaching of Accounting…………………………………………………………..3
   ACCM 6950 Accounting Research Assistantship…………………………………………….1-12

   FRAUD EXAMINATION AND FORENSIC ACCOUNTING
   COURSES……………………………………………………………………….SEMESTER HOURS
   ACCM 5650 Legal Elements of Fraud…………………..…..…………………………………..3
   ACCM 6600 Occupational Fraud……………………….……………………………………….3
   Plus 12 credit hours of ACCM master’s level courses…………………………………………..12

   ACCOUNTING
   COURSES……………………………………………………………………….SEMESTER HOURS
18 credit hours from the following courses or any other ACCM masters level course
ACCM 5060 Commercial Law for Accountants……………………………………………………..3
ACCM 5200 Contemporary Auditing Issues..…………………..………………….……….......3
ACCM 5300 Seminar in Accounting Information Systems……………………………………..3
ACCM 5400 Strategic Cost Management……………………..……………………..…….…....3
ACCM 5420 International Financial Accounting Reporting and Analysis……………………...3
ACCM 5520 Business Combinations …………………….………………………………..........3
ACCM 5550 Contemporary Accounting Issues…..……………………..………………….…...3
ACCM 5810 Small Business Consulting and Accounting………………………………………3
ACCM 5980 Masters Accounting Internship…………………………………………………....3
ACCM 6580 Financial Statement Analysis and Quantitative Methods....……………………....3
ACCM 6840 Variable Topics in Accounting, Fraud, and Taxation…………………………..1-12
ACCM 6900 Teaching of Accounting………………………………………….……………..…3
ACCM 6950 Accounting Research Assistantship …………,,,,,,,,……………..……….......….1-3
ACCM 590A Internal Audit Project……………………………………………………………..3
Master of Professional Accountancy Course Descriptions:

ACCM 5000 Accounting Ethics, Professionalism and Leadership               3
This course examines professional ethics from a philosophical, business and accounting perspective. The
American Institute of Certified Public Accountants Code of Professional Conduct, the Colorado Board of
Accountancy Statutes, Rules, and Regulations, the Sarbanes-Oxley Act, the codes of conduct of other
professional accounting organizations and theories of leadersfip are discussed.
Prerequisite(s): Senior or graduate standing or permission of the coordinator

ACCM 5020 Communication and Accounting Research                    3
This course develops a student’s knowledge, skills, and abilities in communications and research in
accounting. The course focuses on written and oral communications and accounting research.
Prerequisite(s): ENG 1020, SPE 1010, ACC 3520, and masters standing; or permission of the
coordinator

ACCM 5060 Commercial Law for Accountants                   3
This course provides a contemporary view of the legal environment as it relates to the accounting
profession. Students study selected provisions of the Uniform Commercial Code including secured
transactions, commercial paper, and sales. Students will also study and analyze cases and problems in
bankruptcy, financial reporting, and professional liability.
Prerequisite(s): MGT 2210, ACC 3510, and masters standing; or permission of the coordinator

ACCM 5090 Tax Research              3
The purpose of this course is to conduct in-depth tax research applicable to federal tax law, including the
use of traditional and computerized tax services. The emphasis is on tax planning principles.
Prerequisite(s): ACC 3090 and masters standing; or permission of the coordinator

ACCM 5200 Contemporary Auditing Issues                 3
This course is a study of the theory and practice of auditing and attestation services with a special
emphasis on current developments and approaches. The course concetrates on the public accounting
environment, internal control, contemporary methodologies in auditing and attestation, auditing research,
and corporate governance.
Prerequisite(s): ACC 4200 and masters standing; or permission of the coordinator

ACCM 5300 Seminar in Accounting Information Systems                  3
This course builds on basic areas such as the knowledge of and the ability to institute critical accounting-
related information technology governance. It involves students in the creation and evaluation of
accounting and accounting information systems controls. It also builds a depth of knowledge in current
and emerging topic areas and issues in business and information technology that involve the accounting
profession.
Prerequisite(s): ACC 3300 and masters standing; or permission of the coordinator
ACCM 5400 Strategic Cost Management              3
This course applies managerial and cost accounting concepts and procedures to strategic business
decisions. Topics covered include cost management systems, capital budgeting techniques, inventory
management, organization performance measurement, transfer pricing and other current topics which
support management decision-making.
Prerequisite(s): ACC 3400 and masters standing; or permission of the coordinator

ACCM 5420 International Financial Accounting Reporting and Analysis                  3
This course focuses on identifying and managing the similarities and differences in financial reporting
practices throughout the world. The topics include the background to international accounting, a
comparison between Statement of Financial Accounting Standards (SFAS) and International Financial
Reporting Standards (IFRS), discussion of specific IFRS, international financial statement analysis,
emerging issues in IFRS and the United States’ transition to IFRS.
Prerequisite(s): ACC 5020 and masters standing

ACCM 5510 Accounting Theory                3
In this course, students analyze the theoretical foundations that underlie financial reporting. This is
achieved by examining the authoritative pronouncements and the contemporary accounting literature.
Prerequisite(s): ACC 5020 and masters standing; or permission of the coordinator

ACCM 5520 Business Combinations                3
This course is a comprehensive study of business combinations focusing on the preparation of
consolidated financial statements. Complexities inherent in consolidating investments in foreign
subsidiaries and complex groups are addressed in depth. Additional topics include variable interest
entities, foreign currency transactions, hedging transactions, equity method investments, and a review of
some of the empirical research in this area.
Prerequisite(s): ACC 3520, ACC 5020 and masters standing; or permission of the coordinator

ACCM 5550 Contemporary Accounting Issues                 3
This course analyses and evaluates current issues involving the accounting profession. This includes
exposure drafts, discussion papers and other recent pronouncements of various accounting regulatory
bodies.
Prerequisite(s): ACC 5020 and masters standing; or permission of the coordinator

ACCM 5600 Fraud Awareness              3
This course examines various aspects of fraud with a focus on how and why fraud is committed and how
fraud can be deterred or prevented. Students address issues related to forensic accounting and ethics
within a framework of fraudulent matters
Prerequisite(s): ACC 5020 and masters standing; or permission of the coordinator

ACCM 5650 Legal Elements of Fraud                3
This course provides students with an understanding of the rules of evidence and an overview of the
criminal and civil justice system, including a focus on the court and trial process. The course addresses
aspects of engagements and investigation, and the role and responsibilities of the expert witness.
Prerequisite(s): ACC 5600 and masters standing; or permission of the coordinator
ACCM 5810 Small Business Consulting and Accounting                 3
This course focuses on the skills necessary to provide accounting services to a small business. The first
weeks of the course will include discussions on these unique issues and skills. Students consult with a
local small business providing accounting services and advice.
Prerequisite(s): ACC 3520 and masters standing; or permission of the coordinator

ACCM 5980 Masters Accounting Internship               3
This course provides an internship experience in a business entity, or a governmental agency, that is
related to accounting and which is supervised in conjunction with an accounting faculty member.
Prerequisite(s): ACC 5020 and masters standing; or permission of the coordinator

ACCM 6090 Tax Practice and Procedure                 3
This course covers the organization of the Internal Revenue Service (IRS), the return filing process, the
assessment process, the refund process, civil penalties, practice before the IRS, criminal investigations,
fraud, prosecutions, the collection process, practical applications of IRS rules and aspects of case law.
Prerequisite(s): Masters standing and either ACC 5090 or ACC 4090

ACCM 6100 Taxation of Corporations and Shareholders I                 3
This course provides an in-depth analysis of federal corporate taxation. Students study a variety of topics
including formation, organization, operation and dissolution.
Prerequisite(s): Masters standing and either ACC 5090 or ACC 4090

ACCM 6110 Taxation of Corporations and Shareholders II                3
This course provides an in-depth analysis of tax accounting, consolidated returns and reorganization
under the Internal Revenue Code.
Prerequisite(s): ACC 6100 and masters standing

ACCM 6140 Taxation of Partners and Partnerships                  3
This course is a detailed study of the taxation of partners and partnerships.
Prerequisite(s): Masters standing and either ACC 5090 or ACC 4090

ACCM 6150 Tax Planning: Trusts, Estates and Gifts                 3
This course is devoted to federal estate, gift and trust tax laws with an emphasis on the accountant's role
in tax planning.
Prerequisite(s): Masters standing and either ACC 5090 or ACC 4090

ACCM 6160 Taxation of International Transactions              3
This course covers the operational and policy issues underlying the federal income taxation of
international transactions including both outbound and inbound transctions.
Prerequisite(s): Masters standing and either ACC 5090 or ACC 4090
ACCM 6170 Taxation of Oil, Gas and Minerals                3
This course covers the application of the taxation of the oil, gas and mineral industries. Topics include
acquisition, operation and disposition of natural resource properties; preproduction expenditures,
depletion, and depreciation; and tax planning for natural resource investments.
Prerequisite(s): Masters standing and either ACC 5090 or ACC 4090

ACCM 6580 Financial Statement Analysis and Quantitative Methods                    3
This course focuses on the core theory in the practice of financial analysis. The course aims to be an
interface between financial reporting and corporate finance by providing a synthesis of the types of
quantitative methods used in financial statement analysis.
Prerequisite(s): ACC 5020 and masters standing

ACCM 6600 Occupational Fraud                3
This course provides an understanding of what constitutes occupational fraud and white-collar crime; how
occupational and white-collar fraud are committed; develops the skills necessary to detect and investigate
allegations of occupational and white-collar fraud; and cultivates an ability to detect material financial
statement fraud. The importance of internal control and accounting information systems, as well as the
role of the auditing process in the prevention and detection of fraud are also explored.
Prerequisite(s): ACC 5600 and masters standing

ACCM 6840 Variable Topics in Accounting, Fraud and Taxation                    1-12
This course entails in-depth considerations of specific issues in various areas of accounting. The emphasis
is on the exploration of theory, current research, and professional practice. The course content will vary
and the course may be repeated for a maximum of twelve credit hours.
Prerequisite(s): ACC 5020 and masters standing

ACCM 6900 Teaching of Accounting                3
This course provides a student with teaching assistant experience under close faculty supervision. It
includes seminar meetings and additional hours of teaching-related applications each week. During the
seminar portion of the course, students discuss active learning environments, how to perform textbook
selection, and how to write materials for the classroom.
Prerequisite(s): ACC 5020 and masters standing

ACCM 6950 Accounting Research Assistantship               1-12
The student works with a faculty member on a research project by assisting with the literature review, the
collection of data, and the presentation of the findings.
Prerequisite(s): ACC 5020, masters standing and permission of a faculty member.

ACCM 590A Internal Audit Project             3
Teams of students perform the internal audit and risk assessment for Metropolitan State College of
Denver.
                                           Master of Professional Accountancy
                                                   Fall 2010 Courses
CRN     Time    Day   Dept.   Num.   Credit    Sec                Title              Instructor   Dates    Location   Books
        1000-                                                                                     08/23-
55555           M     ACCM    5090     3        1    Tax Research                   A Rosenbaum            KC 303
        1245                                                                                      12/18
        1300-                                                                                     08/23-
55555           M     ACCM    5300     3        1    Seminar in Accounting IS       B Uliss                KC 303
        1545                                                                                      12/18
        1800-                                        Communication & Accounting                   08/23-
55555           M     ACCM    5020     3        1                                   G Clifton              KC 303
        2045                                         Research                                     12/18
        1000-                                                                                     08/23-
55555           T     ACCM    5400     3        1    Strategic Cost Management      L Pleis                KC 303
        1245                                                                                      12/18
        1300-                                                                                     08/23-
55555           T     ACCM    5510     3        1    Accounting Theory              J Hathorn              KC 303
        1545                                                                                      12/18
        1800-                                                                                     08/23-
55555           T     ACCM    5600     3        1    Seminar in Fraud Awareness     D Laufer               KC 303
        2045                                                                                      12/18
        1000-                                                                                     08/23-
55555           W     ACCM    5600     3        2    Seminar in Fraud Awareness     D Laufer               KC 303
        1245                                                                                      12/18
        1300-                                        Accounting Ethics,                           08/23-
55555           W     ACCM    5000     3        1                                   R Crosser              KC 303
        1545                                         Professionalism & Leadership                 12/18
        1800-                                                                                     08/23-
55555           W     ACCM    5090     3        2    Tax Research                   A Rosenbaum            KC 303
        2045                                                                                      12/18
        1000-                                        Communication & Accounting                   08/23-
55555           R     ACCM    5020     3        2                                   G Clifton              KC 303
        1245                                         Research                                     12/18
        1300-                                        Intl Financial Accounting                    08/23-
55555           R     ACCM    5420     3        1                                   M Negash               KC 303
        1545                                         Reporting & Analysis                         12/18
        1800-                                                                                     08/23-
55555           R     ACCM    5510     3        2    Accounting Theory              J Hathorn              KC 303
        2045                                                                                      12/18
        1000-                                                                                     08/23-
55555            F    ACCM    5200     3        1    Contemporary Auditing Issues   C Noel                 KC 303
        1245                                                                                      12/18
        1300-                                                                                     08/23-
55555            F    ACCM    590A     3        1    Internal Auditing Project      J Giordano             KC 303
        1545                                                                                      12/18

				
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