University of Colorado Colorado Springs: College of Business

Master of Business Administration (MBA)

MBA in Accounting (Campus)

12 hours (4 classes) +3 hours (1 course) electives

The Accounting area of emphasis prepares students for accounting positions available in various industries and institutions. Students may either seek employment in the corporate or governmental arena or opt to sit for the CPA exam if they have an interest in public accounting. MBA students who intend to earn the CPA certificate should refer to the State of Colorado Board of Accountancy website for detailed information and exam requirements.

The graduate accounting emphasis requires students with an undergraduate degree to complete four (4) specialized courses in accounting plus one business elective from any area of emphasis. Students who do not have an undergraduate accounting degree take an additional five undergraduate courses in accounting.

For students with an undergraduate degree in accounting:

Course Number

Course Title

Take one of the following:

ACCT 6010

Seminar: Financial Accounting Theory

 ACCT 6750

 Advanced Financial Accounting

Plus three (3) of the following ACCT electives:

ACCT 6510

Accounting Ethics & Institutions

ACCT 6600
(was 6760)

Auditing

ACCT 6620
(was 6610)

Advanced Auditing

ACCT 6710

Individual Income Tax

ACCT 6720

Corporate & Partnership Taxation

ACCT 6730

Accounting Information Systems

ACCT 6740

Accounting for Governments & Not-For-Profit Organizations

In addition to the four (4) courses chosen from above, students take one (1) elective course selected from another area of emphasis within the College of Business.

Course Number

Course Title

Elective 1

Graduate business elective of your choice

Students without an undergraduate degree in Accounting also take:

Course Number

Course Title

ACCT 2010

Introduction to Financial Accounting

ACCT 2020

Introduction to Managerial Accounting

ACCT 3010

Intermediate Accounting I

ACCT 3020

Intermediate Accounting II

ACCT 3110

Cost Accounting

Course Descriptions

ACCT 2010 - Introduction to Financial Accounting
Provides knowledge of core business concepts in financial accounting following generally accepted accounting principles. Emphasis on understanding the primary objectives, principles, and users of financial accounting, analyzing basic business transactions and understanding their impact on financial statements, and defining and identifying the basic elements and content on each financial statement.

ACCT 2020 - Introduction to Managerial Accounting
Provides knowledge of core business concepts related to selected financial accounting topics and basic managerial accounting, including preparation of the statement of cash flows, basic financial statement analysis, the analysis of product, service and period costs, and the role of accounting in the planning and control of business enterprises. Emphasis on problem-solving skills supported by approriate analytical quantitative and qualitative techniques for tactical and operational decision making. Includes the use of spreadsheets. Prerequisites: ACCT 2010.

ACCT 3010- Intermediate Accounting I
A comprehensive analysis of the practice of financial accounting and reporting by public corporations to investors, creditors, and other users. Includes analysis of standards setting, accounting theory, and generally accepted accounting principles. Emphasis is on the purpose of financial statements with a focus on income determination and asset valuation. Prerequisites: ACCT 2020 or ACCT 5500.

ACCT 3020 - Intermediate Accounting II
A continuation of Accounting 3010 with focus on liabilities, equity, and special areas, including cash flow statements, leases, pensions, income taxes, earnings per share, and changing prices. Prerequisites: ACCT 3010.

ACCT 3110 - Cost Accounting
Cost analysis for purposes of control and decision making. Analysis of cost behavior, role of accounting in planning and control, and managerial uses of cost accounting data. Includes use of spreadsheets. Topics of current interest will be discussed, including activity-based costing. Prerequisites: ACCT 2020 or ACCT 5500 and spreadsheet exposure.

ACCT 6010 - Seminar: Financial Accounting Theory
A concentrated analysis and evaluation of alternative conceptual systems for reporting about and by public corporations in financial statements. Involves considering the economic and political history of currently acceptable and unacceptable theories and practices for financial accounting in general and for specific topics. Prerequisites: ACCT 3010 and 3020.

ACCT 6510 - Accounting Ethics and Institutions
An in-depth study of the technical and behavioral ethical standards existing for professional accountants in all fields, and of the political and regulatory institutions that affect the practice of professional accounting including the SEC, IRS, FASB, AICPA and state authorities. Prepares students for dealing successfully with ethical issues throughout their careers. Prer., ACCT 4600 or ACT 6600. Course meets with ACCT 4510.

ACCT 6600 - Auditing
(was ACCT 6760)
A study of generally accepted auditing standards, ethical responsibilities and legal liabilities of the independent auditor and auditing techniques used by independent public accountants. Prer. ACCT 3010, Co-req. ACCT 3020. COB graduate students. Meets with ACCT 4600.

ACCT 6620 - Advanced Auditing
(was ACCT 6610)
Study of advanced theoretical and practical issues in auditing. Specific focus is placed on the application of auditing resources commonly used in practice. The course emphasizes case analysis, research, individual and team presentations, and classroom discussion. Prer., ACCT 4600 or ACCT 6600. Meets with ACCT 4620.

ACCT 6710 - Individual Income Tax
Analysis of basic concepts of federal income taxes. Concepts will be applied to actual situations by the use of a computer-generated tax return package. Focus is on individual considerations and planning. Prer. ACCT 3010. COB Graduate Students. Meets with ACCT 4210. Course typically offered in the Fall and Spring semesters.

ACCT 6720 - Corporate and Partnership Income Tax
Primary emphasis is on C and S corporations and partnerships. Basic analysis of planning and compliance of most corporation and partnership organizations, operations, mergers and dissolutions. Business planning and international taxation is also considered. Prer. ACCT 4210 or ACCT 6710. COB graduate students. Meets with ACCT 4220.

ACCT 6730 - Introduction to Accounting Systems
An introduction to the elements in an accounting information system. Explores the newest technology and the accountant's/financial analyst's role in designing systems. Includes exposure to various software tools commonly used by accountants and financial analysts. pre. ACCT 3010 and INFS 6000. COB Graduate Students. Meets with ACCT 4310.

ACCT 6740 - Accounting for Governments and Not-For-Profit Organizations
Introduction to accounting practices in governmental and nonprofit organizations. Fund accounting and budgetary control techniques will be covered in detail with an emphasis on management use of this information. Prer. ACCT 3010. COB graduate students. Meets with ACCT 4410.

ACCT 6750 - Advanced Financial Accounting
Provides an in-depth analysis into the theory and practices of accounting for business combinations, consolidated financial statements, international operations, and partnerships. Prer., ACCT 3010, ACCT 3020. COB graduate students. Meets with ACCT 4010.

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