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Continuing Professional Education for CPAS – NASBA Approved
 

M.S. Program with a Specialization in Accounting or Taxation

If you’re a professional accountant or tax specialist and you want to further your career, then an MS in Accounting or Taxation may be the right path for you. The Master of Science in Accounting and the Master of Science in Taxation Programs are 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 or taxation.

The individual programs are designed to provide an intensive approach to the field of accounting or taxation and will be particularly useful to the professional already practicing. Students graduating from an approved undergraduate program in accounting or business administration and aspiring to become Certified Public Accountants may reduce their professional experience requirements from two years to one year if the graduate M.S. degree taken includes one course each in Economics, Quantitative Measurements, Finance, Taxation, Advanced Auditing and Accounting and Reporting I. In consultation with an adviser, the program can be made to fulfill the above requirements.

The program requires 36 credits of advanced course work, of which a minimum of 18 credits is to be taken in the area of specialization. (Nine credits in Taxation and Employee Benefits creates a specialization.)

Degree Requirements

Prerequisite in Accounting: A bachelor's degree with a major in Accounting or its equivalent, and acceptable GMAT score, or CPA license or J.D.

Prerequisite in Taxation: A bachelor's degree, plus Accounting 501 and Taxation 716 or its equivalent, and acceptable GMAT score, or CPA license or J.D.


Degree Program

M.S. in Accounting (top of page)


Accounting Specialization (18 credits)
Accounting 712 Accounting Information Systems
Accounting 720 Not-for-Profit/ Governmental Accounting
Accounting 735 Internal Auditing
Accounting 737 Advanced Cost/ Managerial Accounting
Accounting 741 Budgeting and Controllership
Accounting 742 Financial Statement Analysis
Accounting 752 Advanced Auditing
Accounting 760 Fiduciary Accounting
Accounting 765 Accounting and Reporting I
Accounting 766 Accounting and Reporting II
Accounting 770 International Accounting
Advanced Accounting or Taxation Courses (6 credits)
Taxation 716 Federal Income Tax Principles
Taxation 722 Corporate Taxation
Taxation 723 Tax Planning and Administration
Advanced Business Courses* (12 Credits)

*Electives: Electives for a total of 12 credits for both of the above areas of specialization may be taken from any of the advanced courses included in the graduate offerings of the School as recommended by an adviser.

 

M.S. in Taxation (top of page)


Taxation Specialization (18 Credits)
Taxation 716 Federal Income Tax Principles
Taxation 722 Corporate Taxation
Taxation 723 Tax Planning and Administration
Taxation 724 Partnerships, S Corporations, and Limited Liability Entities
Taxation 725 Federal Estate and Gift Taxation
Taxation 726 Business Tax Decisions
Taxation 729 State and Local Taxation
Taxation 730 Corporate Reorganizations
Taxation 745 International Taxation
Taxation 750 Current Developments in Taxation
Taxation 760 Tax Practice and Procedure
Taxation 761 Tax Practice from the IRS Perspective
Taxation 780 Fundamentals of Qualified Employee Benefit Plans
Taxation 781 Advanced Problems in Qualified Employee Benefit Plans
Taxation 783 Plan Benefit Concepts and Funding Requirements
Taxation 785 Disclosure Requirements of Employee Benefit Plans
Taxation 787 Employee Benefit Programs
Advanced Taxation or Accounting Courses (6 Credits)
Accounting 712 Accounting Information Systems
Accounting 742 Financial Statement Analysis
Accounting 752 Advanced Auditing
Accounting 760 Fiduciary Accounting
Accounting 765 Accounting and Reporting I
Advanced Business Courses* (12 Credits)

*Electives: Electives for a total of 12 credits for both of the above areas of specialization may be taken from any of the advanced courses included in the advanced graduate offerings of the School as recommended by an adviser.

All Accounting, Taxation and Law courses are registered with New York State and with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding sponsors may be addressed to NASBA, 380 Lexington Avenue, New York, NY 10168-0002, (212) 490-3868.

Scholarships: The Leo Schloss Scholarship Fund Awards were established by alumni to honor Professor Leo Schloss. Annual awards are given to outstanding Accounting graduates at both the bachelor's and master's degree level. A Philip Wolitzer Scholarship Fund has been established to honor his contributions to the Accounting profession and to the education of accountants. Awards are available to outstanding Accounting students.

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