The curriculum
The Masters of Science in Accounting (MSA) provides students with the advanced accounting skills and education necessary to compete on a professional level in the field of Accountancy. The program is designed to meet the minimum course requirements to sit for the CPA exam (150 hours) and to prepare students for rewarding careers in financial accounting, auditing, analytics, taxation and other accounting related positions.
This degree is designed and intended for undergraduate students with a major in accounting or equivalent hours in accounting (with the approval of the program coordinator). Students without an undergraduate degree in accounting may complete the MSA with the completion of appropriate accounting prerequisites. Additionally, students enrolled in the MBA program may have some of their coursework apply towards the completion of the MSA (upon approval of the program coordinator).
The MSA program consists of 30 semester hours of graduate level coursework. The core requirements consist of 21 semester hours and are required of all students completing the MSA. Nine additional semester hours can be selected as electives with at least six semester hours required as accounting electives. The remaining course to be completed is an elective that may be selected from the MBA program or any other LSB graduate program with the approval of the MSA and MBA program directors. Students are strongly encouraged to complete a non-credit CPA exam prep course immediately after graduation.
Prerequisite Courses
| ACC 201 | PRINCIPLES OF ACCOUNTING | 4 sh |
| ACC 331 | INTERMEDIATE ACCOUNTING I | 4 sh |
| ACC 332 | INTERMEDIATE ACCOUNTING II | 4 sh |
| ACC 341 | FUNDAMENTALS OF INCOME TAXATION | 4 sh |
| ACC 351 | ACCOUNTING INFORMATION SYSTEMS | 4 sh |
| ACC 336 | COST ACCOUNTING | 4 sh |
| ACC 456 | AUDITING | 4 sh |
| Total Credit Hours: | 28 |
Graduate Courses
Core Courses: 21 sh
| ACC 602 | Business Ethics for Accounting Professionals | 3 sh |
| ACC 642 | Taxation of Business Entities | 3 sh |
| ACC 650 | Accounting Analytics | 3 sh |
| ACC 640 | Tax Research | 3 sh |
| ACC 630 | Advanced Financial Accounting | 3 sh |
| ACC 632 | International Accounting | 3 sh |
| ACC 652 | Advanced Auditing and Assurance Services | 3 sh |
Choose three elective courses: 9 sh
Students can choose elective courses from the group below with at least six semester hours required as accounting electives. The remaining course to be completed is an elective that may be selected from the MBA program or any other LSB graduate program with the approval of the MSA and MBA program directors.
| ACC 655 | Internal Auditing | 3 sh |
| ACC 653 | Information Technology and Risk Control | 3 sh |
| ACC 643 | Taxation of Flow-through Entities | 3 sh |
| ACC 645 | Issues in Tax Policy and Special Topics | 3 sh |
| ACC 651 | Principles of Fraud Investigation | 3 sh |
| ACC 641 | Taxation of Corporations and Shareholders | 3 sh |
Total Credit Hours: 30