Sprott School of Business
801 Dunton Tower
This section presents the requirements for programs in:
Master of Accounting (6.0 credits)
|1. 5.0 credits in compulsory courses:||5.0|
ACCT 5120 [0.5]
ACCT 5121 [0.5]
|Advanced Concepts II|
ACCT 5123 [0.5]
ACCT 5124 [0.25]
|Data Analytics for Professional Accountants|
ACCT 5125 [0.5]
ACCT 5128 [0.25]
|Strategy for Professional Accountants|
ACCT 5129 [0.25]
|Professional Accounting Cases I|
ACCT 5130 [0.5]
ACCT 5131 [0.5]
ACCT 5133 [0.5]
|Advanced Integration I|
ACCT 5135 [0.5]
|Advanced Integration II|
ACCT 5137 [0.25]
|Professional Accounting Cases II|
|2. 1.0 credit in:||1.0|
ACCT 5199 [1.0]
Accounting (ACCT) Courses
Fundamentals of financial accounting. Techniques used to measure business transactions, preparation of financial statements, recording and valuation of assets, liabilities and equities.
Fundamentals of managerial accounting and control. Techniques for management decision-making, planning, and control including cost-volume-profit analysis, product costing, variance analysis, relevant costing, transfer pricing and the balanced scorecard.
Prerequisite(s): ACCT 5001.
Financial Statement Analysis
A user-oriented approach to the study of financial statements. The role of the financial statements and the annual report in the financial reporting process, using ratio analysis to analyze firm performance and make forecasts of future performance.
Prerequisite(s): ACCT 5002.
Performance Measurement and Control
Efficacy and efficiency of corporate strategies. Design and use of performance measurement systems from an organizational integrated systems view. Balanced scorecard, activity-based management, and other performance measurement and control systems.
Precludes additional credit for BUSI 5000 (no longer offered).
Prerequisite(s): ACCT 5002.
Financial Reporting and Control in Public Organizations
Public sector accounting principles, practices, and unique financial reporting requirements. Comparison with private sector financial reporting, control, and performance evaluation.
Governance and Accountability
Corporate governance functions including management and controllership, boards of directors, auditors, security commissions and the control of enterprise-wide risk management. Historical development and evaluation of current practices, including Sarbanes Oxley and its implications.
An in-depth exploration of selected topics in financial accounting, assurance and taxation.
Advanced Concepts II
An in-depth exploration of selected topics in management accounting, finance and corporate governance.
Issues in Taxation
This course will provide students additional knowledge in Canadian Federal Taxation required in the MAcc program. Emphasis on corporate income tax and some specialized topics.
Canadian taxation planning issues regarding personal and business decisions involving individuals, corporations, partnerships and trusts.
Prerequisite(s): ACCT 5120.
Data Analytics for Professional Accountants
Data and information analysis with application to professional accounting.
Assurance concepts are applied to a range of assurance and auditing engagements, including auditing financial statements and non-financial statement assurance engagements. Current trends in assurance are also explored.
Prerequisite(s): ACCT 5120.
Strategy for Professional Accountants
Overview of the strategy process required of professional accountants. Case-based course with accounting focus, exploring the development of a company’s situation analysis, identification and analysis of strategic and operational issues.
Professional Accounting Cases I
An introduction to approaching, planning and writing accounting cases, including integration across multiple disciplines.
The impact of the financing decision upon the value of the firm, firm valuation, investing and risk management.
Exploration of performance management in evaluating organizational performance, management decision making, effective problem solving skills and making recommendations for improvements to organizational operations.
Prerequisite(s): ACCT 5121.
Advanced Integration I
Discussion, analysis and integration with an emphasis on the application of strategic management to various accounting and finance issues.
Prerequisite(s): completion of a minimum of 2.0 credits in the Master of Accounting program with a minimum average grade of B-.
Advanced Integration II
Discussion, analysis and integration of issues involving financial reporting, assurance, finance, management accounting, taxation and/or strategy.
Prerequisite(s): ACCT 5133.
Professional Accounting Cases II
A continued development and honing of problem solving abilities when placed in real-life, business situations. Case-writing skills will be finessed, with focus on analysis and integration, while keeping the big picture in mind.
Application of M.Acc. course knowledge and building management skills in a professional environment. Minimum 480 hours. Graded Sat/Uns.
Prerequisite(s): permission of the M.Acc. office.
Summer session: some of the courses listed in this Calendar are offered during the summer. Hours and scheduling for summer session courses will differ significantly from those reported in the fall/winter Calendar. To determine the scheduling and hours for summer session classes, consult the class schedule at central.carleton.ca
Not all courses listed are offered in a given year. For an up-to-date statement of course offerings for the current session and to determine the term of offering, consult the class schedule at central.carleton.ca
Regulations - M.Acct.
See the General Regulations section of this Calendar.
Guidelines for Completion
Students admitted as full-time students must normally complete their degree requirements within four terms after the date of initial registration.
A grade of B- or better is normally required in each credit counted towards the degree. However, a candidate may, with the recommendation of the School and the approval of the Dean of the Faculty of Graduate and Postdoctoral Affairs, be allowed to count a grade of C+ in 0.75 credits.
Withdrawal from the program will be required if an M.Acc. student:
- Receives a grade of lower than B- in 1.25 credits or more, or
- Fails to achieve a weighted GPA of 7.0 after completing 2.0 credits of study, or to maintain it, or
- Receives a grade lower than C+ in the same course more than once.
Applicants are expected to hold an honours bachelor's degree or equivalent, with a minimum overall average of B-; demonstrated coverage of the CPA Competency Map at the ‘Entry’ level, and a minimum grade of C- in each of the prerequisite courses (courses that meet the Entry level requirements of the CPA Competency Map) with a minimum overall average of B+ in the prerequisite courses.
Students who hold a CPA, CMA designation and who have completed the Strategic Leadership Program, Case Examination and Board Report, may be exempted from the course ACCT 5133 Advanced Integration I, with the approval of the M.Acc. Director.
Proficiency in English is necessary to pursue graduate studies at Carleton University. See Section 3.6 of the General Regulations of this Calendar for English proficiency rules.