The Lipscomb MAcc is a 30-hour program that includes 18 hours of required core coursework and 12 hours of electives (go to the catalog for complete course descriptions).
MAcc Core Courses (18 hours)
MAcc 6003 Corporate Governance and Internal Control
Corporate Governance refers to the myriad of constraints designed to make managers and directors act in their shareholders’ interest. Topics covered include choice of legal form of organization, ownership structure, corporate charter, stakeholders and corporate social responsibility, proxy process, board of directors, CEO compensation, CEO performance evaluation, CEO retention, boundaries of the firm and international corporate governance. Additional topics will include the design and evaluation perspectives of the control environment, risk assessment, control activities and monitoring. Special attention will be paid to the rapidly changing environment affecting corporate management as they continue to respond to Sarbanes-Oxley.
MAcc 6203 Advanced Tax
This course covers the application of income tax law to partnerships, corporations, estates and trusts.
Prerequisite: Federal Income Taxation.
MAcc 6303 Accounting Theory and Research
An in-depth discussion of the history and development of generally accepted accounting principles. The course focuses on the conceptual framework of accounting and the environment in which accounting interacts.
MAcc 6403 Advanced Accounting
Advanced Accounting provides an indepth examination of the accounting for business combinations, consolidated statements and foreign operations.
MAcc 6503 Current Developments in Accounting
This course is the capstone experience of the Lipscomb MAcc. Through lectures, class discussion, case analyses and guest lectures, this course analyzes
recent literature, both professional and academic, in accounting and focuses on the impact of current developments on the accounting profession. Topics covered will vary depending on current issues facing professional accountants, but would include updates on financial, managerial and governmental accounting, auditing, tax and international accounting.
MAcc 6603 Advanced Auditing and Forensics
This course is an extension of the undergraduate auditing course which focuses on an introduction to the attest function, the control environment, risk assessment, ethics, and brief analysis of generally accepted auditing standards. This course involves an examination of the attest function with a greater focus on auditing procedures and auditing standards. Additionally, the course will include an examination of the forensics nature of auditing, being alert to fraud and material irregularities.
MAcc 6703 Taxation of Pass-through Entities
This course involves federal taxation of entities that pass through certain income and deductions to its owners with primary emphasis on partnerships, S corporations, trusts and estates. Some attention will also be given to transfer taxes in the form of estate and gift taxation.
MAcc 6713 Taxation of Corporations
This course involves the tax analysis of corporate formations, including corporate characteristic, corporate capital structure, income tax determinations, special tax elections, and introduction to international corporate taxation. Topics will include corporate – stockholder relationships, corporate distributions, reorganizations, liquidations, corporate redemptions, accumulated earnings, and personal holding companies.
MAcc Electives (minimum 12 hours required)
Students are required to select four elective courses. Courses marked with an (*) are the recommended courses for the MAcc degree.
BU 6053 * Financial Management and Strategy
BU 6243 * Regulatory Law and Compliance
BU 6403 Introduction to the Non-Profit Sector
BU 6503 * Leading Teams and Groups in Organizations
BU 6523 Managing Human Resources
BU 6533 Leadership and Organizational Behavior
BU 6633 MBA Global Business
BU 6803 Sports Management
BU 6813 Marketing, Fundraising and Public Relations in Sports
MAcc 6553 Accounting Information Systems
MAcc 6753 Financial Statement Analysis
MAcc 661V Accounting Internship
MAcc 662V Independent Project or Research