MAcc Prerequisites

Undergraduate Accounting Prerequisite

A total of 18 undergraduate hours in accounting is required for admission to the MAcc degree program. At least 15 hours of other business courses, including statistics, are also required. Only undergraduate courses completed with a "C" grade or better will be considered as meeting the necessary requirements. Completion of the Belmont Summer Accounting Institute can be substituted for these requirements.


Courses below must be completed with grade of C or better. 

1. Accounting Principles I (3) (Financial Accounting). An introduction to financial accounting concepts. A study of the accounting cycles of service organizations and merchandisers emphasizing the recording of business transactions, and the preparation of financial statements for such organizations. Emphasis is also placed on the accounting principles relating to the measurement, valuation and reporting of assets, liabilities and equity, and related internal control considerations.
2. Accounting Principles II (3) (Managerial Accounting). Prerequisite: ACC 2410. An introduction to managerial accounting and cost concepts primarily related to manufacturing firms. This course emphasizes the use of accounting in planning, operating, control activities and decision-making.
3. Intermediate Accounting I (3). Prerequisite: ACC 2420 or ACC 2430 or ACC 2450. The first of two in-depth financial accounting courses. Theory, the conceptual framework, development of generally accepted accounting principles, and applications are stressed. Topics include the income statement, the statement of cash flows and the balance sheet, specifically asset accounts and current and contingent liabilities accounts.
4. Intermediate Accounting II (3). Prerequisite: ACC 3310. The second of two in-depth financial accounting courses. Theory, concepts, and applications are stressed. Topics include time value of money, current and non-current liabilities, leases, deferred income taxes, pensions, stockholder's equity, earnings per share, accounting changes and errors and statement of cash flows.

Plus any two of the following courses:
Federal Income Taxes (3). Prerequisite: ACC 2420 or ACC 2430 or ACC 2450. A study of federal income tax laws with particular emphasis on the preparation and filing of individual, partnership, and corporate tax returns.

Cost Accounting (3). Prerequisite: ACC 2420 or ACC 2430 or ACC 2450. A study of how accounting data can be interpreted and used by management in planning and controlling business activities. Included in this study will be the accounting for costs of manufacturing a product or rendering a service with attention given to job order, process and standard cost systems. Budgeting, variance analysis and relevant costs for decisions making are also covered.

Accounting Information Systems (3). Prerequisites: ACC 2420 or ACC 2450 or ACC 2430; and ISM 1330 or GND 2050. This course provides students with a broad awareness of basic IS concepts, including inputs and outputs, processing procedures, files and controls as well as how IS impacts managerial decision-making and organizational structures. The course introduces students to a range of IS analysis and design techniques and steps in the system's life cycle.


Summer Accounting Institute. Prerequisite for non-accounting undergraduate degree holders needing special accounting knowledge prior to beginning regular MAcc courses. This course content includes financial, and intermediate accounting fundamentals as well as audit and tax. The course is given over a 10-week period in the summer. The class meets two evenings per week (6:15-9:00) and all day Saturday (9:00 a.m. - 5:00 p.m.). The Summer Accounting Institute (SAI) satisfies the prerequisite requirement for the above mentioned courses. Upper division accounting courses from community colleges will NOT transfer.