Finance, Accounting, and Taxation

M.S. in Accounting


The 36-credit M.S. in Accounting is designed for students and professionals who have completed an undergraduate accounting degree and who seek to enhance their technical and professional skills through completion of an advanced degree in accounting.

In today’s complex world, the impact of accounting plays a crucial role in how companies structure business transactions. The M.S. in Accounting provides a body of knowledge of the principles and the doctrines of accounting that prepare graduates to participate in the business decision-making process. Whether working in private industry or public accounting, earning the M.S. in Accounting is sure to increase your value in the workplace or in the job market.

The program, which is registered with the New York State Education Department and the National Association of State Boards of Accountancy, stresses real-world learning that prepares you to become a knowledgeable and well-rounded accounting professional. You will learn from professors who are experienced and respected professionals and who bring their day-to-day experiences to the classroom. In addition, CPAs can earn Continuing Professional Education (CPE) credits by enrolling in selected Graduate Accounting Courses.


Admission Requirements

The standards for admission as a fully matriculated student in the M.B.A. program are as follows:

  1. A bachelor’s degree with a minimum 3.0 cumulative grade point average from an accredited institution. Official transcripts from all colleges and universities previously attended (foreign documents must be accompanied by a certified English translation).
  2. Official score report of the TOEFL examination for applicants with degrees from foreign colleges and universities.
  3. A written statement-outlining applicant’s objectives for seeking admission into the program.
  4. A current résumé.
  5. Two letters of recommendation.
  6. A completed application submitted to the Office of Admissions.

In addition to the above requirements, a bachelor’s degree with major in accounting or its equivalent; CPA license or a J.D. is required.

Program Sequence

The 36-credit M.S. in Accounting is designed for students and professionals who have completed an undergraduate accounting degree (or equivalent*) and who seek to enhance their technical and professional skills through completion of an advanced degree in accounting.

*To establish the equivalency requirements, applicants with degrees other than accounting must fulfill the following undergraduate courses:

  • 1-year sequence of the principles of Accounting (or Graduate Financial Accounting)
  • Intermediate Accounting I
  • Intermediate Accounting II
  • Managerial or  Cost Accounting
  • Advanced Accounting
  • Auditing

PREPARATION REQUIREMENTS - 3 CREDITS (not counted towards degree)

Prerequisites
Course #
Course Name
Credits
  ACC 501
Financial Accounting 3.00

ACCOUNTING SPECIALIZATION - 18 CREDITS

Prerequisites  Course # Course Name Credits
ACC 501
ACC 712  Accounting Information Systems
3.00
ACC 501 ACC 720 Government Accounting 3.00
ACC 501 ACC 735 Internal Auditing 3.00
ACC 501 ACC 737 Advanced Managerial Accounting 3.00
ACC 501
ACC 741 Budgeting and Controllership 3.00
ACC 501 ACC 742 Financial Statement Analysis 3.00
ACC 501, 
ACC 142
ACC 752 Advanced Auditing 3.00
ACC 501,  
ACC 742
ACC 765 Accounting & Reporting 1 3.00
ACC 501,  
ACC 737
ACC 766 Accounting & Reporting 2 3.00
ACC 501 ACC 770 International Accounting 3.00

ADVANCED TAXATION - 6 CREDITS

Prerequisites
Course #
Course Name
Credits
  TAX 716
Federal Income Tax Principles 3.00
TAX 716 TAX 722 Corporate Taxation 3.00
TAX 716, 
TAX 722
TAX 723 Tax Planning & Administration 3.00
TAX 716, 
TAX 722
TAX 724 Partnerships, Corporations, and Limited Liability Entities 3.00

ADVANCED BUSINESS ELECTIVES - 12 CREDITS

An additional twelve (12) credits of electives to be determined in conjunction with your departmental advisor.

Credit and GPA Requirements
Minimum Credits: 36
Minimum Major GPA: 3.0

CONTACT

School of Business, Public Administration & Information Sciences

Ray Pullaro, Dean

718-488-1130
Ray.Pullaro@liu.edu