Combined Executive Accounting Program and Master's of Accounting

DOING CPA AND MASTER'S TOGETHER

The University of Hawaii at Manoa, School of Accountancy has launched an innovative master's program that combines a Master's of Accounting (MAcc) with its Executive Accounting Program (EAP).

PROGRAM FEATURES

1. Students can prepare for the US CPA exam and earn a Master's degree at the same time
2. The Program's flexible structure is such that after successfully completing the EAP courses the students can register and complete the Master's Program in Accountancy without any interruptions.
3. This Program provides students extra opportunities to retake the CPA exam if necessary during their Master's program.

THIS PROGRAM IS SUITABLE FOR:

1. Any student who graduated from college and wants to earn a Master's degree in accounting.
2. Any students who graduated from college and who wants to sit for the US CPA exam.
3. Any accounting practitioner who wants to earn a US CPA license to enhance his/her market value and global business opportunities.
4. Any individual who wants to pursue an accounting career as a CPA.

PROGRAM DESCRIPTION

The students admitted to this program will take twenty-four (24) credit hours of accounting courses during a six-month period. These courses are as follows:

• ACC 581 EAP Financial Accounting I (5 credits)
• ACC 582a EAP Intermediate Financial Accounting II (2 credits)
• ACC 582b EAP Advanced Financial Accounting (3 credits)
• ACC 583a EAP Cost Management (2 credits)
• ACC 583b EAP Business Law (3 credits)
• ACC 584a EAP Federal Income Taxation (3 credits)
• ACC 584b EAP Taxation of Business Entities (2 credits)
• ACC 585a EAP Accounting Information Systems (1 credit)
• ACC 585b EAP Auditing and Assurance (3 credits)

Students who successfully pass these courses will meet the accounting education requirements to sit for the US CPA examination regardless of their previous undergraduate majors.

After completion of the intensive courses, students are required to take additional eight additional graduate courses (24 credits) to earn a MAcc degree. Students have up to 5 years to complete their MAcc course requirements. However, under normal circumstances, students should be able to finish the additional 24 credits in another 2 semesters or one semester plus a summer program.

The MAcc degree required courses include the following:

• Required accounting courses (15 credits):

• ACC 413 Law for the Accountant
• ACC 415 Advanced Financial Accounting
• ACC 625 Accounting and Tax Research
• ACC 660 Analysis in Decision Making
• ACC 616 Accounting Theory and Development

• Accounting Electives: Suggested Conentration (9 credit):

Students can take any three 400- to 600-level ACC courses, but the following tracks are recommended:

Tax concentration

Take three out of the following four courses:

• ACC 407 Taxation of Business Entities
• ACC 631 Tax of Partners/Partnerships
• ACC 638 Estate and Gift Taxation and Planning
• ACC 639 Multijurisdictional Taxation

Financial Reporting conentration

Take three of the following courses:

• ACC 619 Advanced Auditing
• ACC 640 International Auditing and Assurance
• ACC 620 Global Accounting
• ACC 635 Advanced Public Sector Accounting

• Additional Electives

Students can take any 2 of the following:

• Courses from the Tax or Financial Reporting tracks provided that they are not fulfilling ACC  Elective requirements
• ACC 690 Special Topics
• ACC 695 Internship (only one Internship course can be taken for MAcc credit)
• 400- to 600- level courses from the Shidler College of Business (BLW, FIN, ITM, MGT, MKT, RE), Law, or Speech (Business course are not to include MBA core classes BUS 610-629, 660, 695, and 696B/C or HRM 668 or MGT 650

MINIMUM REQUIREMENTS

1. Official English College Transcript (GPA minimum 3.0).
2. GMAT (500 minimum) Scores.
3. TOEFL (550 or 213 computerized test minimum) for international students.
4. $100 US Money Order payable to RCUH (not refundable).

Please note that, while every application is considered, there is no automatic admission to the program. Each application will be processed immediately and admission decisions are provided as soon as possible. For more information concerning the Executive Accounitng Program, please click here.

TIMING OF THE EAP PROGRAM

This program will admit students once a year in late June of each year. However, the School of Accountancy reserves the right to cancel the program if there is not an appropriate number of applicants. The application deadline for the combined EAP/MAcc program will be April 1st.

HOW TO APPLY

Please use the application forms for the program. These forms can be retrieved electronically from the following addresses:

• Executive Accounting Program application
• Outreach application
• Graduate Division application

You must complete all three applications and attach a $100 US Money Order payable to RCUH with your application. Please note that the $100 application fee is non-refundable, so we only encourage you to apply when you have met the minimum admission requirements. No additional application fees are required for the Graduate Division application; the EAP/MAcc Program will cover the application fees of the Graduate Division. Please send all the documents (three completed application forms and application fee) to the following address:

EAP
Dr. Hamid Pourjalali
SOA, CBA, UHM
2404 Maile Way
Honolulu, HI 96822
USA

You can also fax your completed applications to [1] (808) 956 9888.

For more information or to apply, contact Dr. Hamid Pourjalali at [1] (808) 956 5578 or e-mail hamid@hawaii.edu.