2019-2020 Catalog

 

MS - Accounting

Students in the Master of Science degree with a major in Accounting program will learn to integrate knowledge of accounting standards and practices in performing forensic accounting and auditing services, financial reporting, and tax preparation and advisory services. Students will design appropriate communication strategies to achieve organizational goals and an ethical, legal, and biblical framework that guides interactions within the business environment.  The legal implications of business transactions and how they relate to accounting, auditing, and financial reporting will also be covered.

It is highly recommended that students have successfully passed the following courses:

  • Taxation I (300 level or better)
  • Intermediate Accounting II (300 level or better)
  • Auditing (400 level)
  • Statistics

Upon completion of the program, students will be able to:

  • Integrate knowledge of accounting standards and practices in performing forensic accounting and auditing services.
  • Develop financial reports in accordance with accounting principles, ethical standards, and legal requirements.
  • Synthesize knowledge of accounting theory and practice in providing tax preparation and advisory services.
  • Create an ethical and legal framework that uses professional ethics to address the legal implications of business transactions, and how they relate to accounting, auditing, and financial reporting.
  • Design appropriate communication strategies to achieve organization goals.
  • Integrate a biblical framework that guides interactions within the business environment and workplace.

The curriculum will be completed in the order established by Indiana Wesleyan University. Indiana Wesleyan University reserves the right to modify the curriculum and locations offered as necessary.

Admission Requirements

Requirements for admission to the Master of Science programs are as follows:

  • A baccalaureate or graduate degree from a college or university that is accredited by an accrediting agency recognized by both the U.S. Department of Education (USDoE) and the Council for Higher Education Accreditation (CHEA) verified on original transcripts sent by the institution directly to Indiana Wesleyan University.
  • An undergraduate grade point average (GPA) of 2.5 or higher from the baccalaureate degree granting institution at which at least a minimum of 30 hours was completed. If an applicant's GPA is below 2.5, the student may be admitted on a probationary basis, as established by the guidelines of the DeVoe School of Business.

Graduation Requirements

To graduate, students must have completed all of the following:

  • All credits required in the curriculum sequence with a minimum GPA of 3.0 and a minimum grade of “C” in each course. A grade of "C-" or below will require the course to be repeated.
  • Overall GPA of 3.0 in all IWU graduate work.
  • Payment of all tuition and fees is required to receive a diploma.

 

Accounting (MS) - Program of Study

Core Courses

MGMT-501Foundations of Graduate Business

3

ACCT-511Ethics and Business Law for Accountants

3

ACCT-512Financial Accounting Theory and Issues

3

ACCT-520Advanced Managerial Accounting

3

ACCT-513Accounting Information Systems and Control

3

ACCT-514Advanced Auditing

3

ACCT-515Advanced Tax Theory and Research

3

ACCT-516Forensic Accounting and Fraud Examination

3

ACCT-517Corporate Taxation

3

ACCT-591Accounting Seminar: Governmental and Non-Profit Accounting

3

Total Credit Hours:30

Indiana Weselayan