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The Master of Accountancy (MAcc, MAcy, or MAccy), alternatively Master of Science in Accounting (MSA or MSAcy) or Master of Professional Accountancy (MPAcy, MPAcc, MPA or MPAc), is a graduate professional degree designed to prepare students for public accounting; academic-focused variants are also offered.

In the United States, the program provides students with the 150 credit hours of classroom, but mostly clinical hours, required by most states before taking the Uniform Certified Public Accountant Examination. This specialty program usually runs one to two years in length and contains from ten to twelve three semester credit courses (30 to 36 semester hours total). The program may consist of all graduate accounting courses or a combination of graduate accounting courses, graduate management, tax, leadership and other graduate business electives. The program is designed to not only prepare students for the CPA examination but also to provide a strong knowledge of accounting principles and business applications.

Similar graduate programs exist in Canada, where certain universities such as Brock University's Goodman School of Business, Carleton University's Sprott School of Business, University of Saskatchewan's Edwards School of Business, and University of Waterloo's School of Accounting and Finance offer master's programs and waive all education requirements up until the Common Final Examination (CFE) in order to become a Canadian CPA.^[1]

A Master of Professional Accounting can also be obtained from Australian universities to qualify for the Australian CPA, IPA or CA.

As above, in other countries the degree's purpose may differ. Where the Bachelor of Accountancy is the prerequisite for professional practice, for example in South Africa, the Master of Accountancy then comprises specialized coursework in a specific area of accountancy (computer auditing, taxation...), as opposed to CPA preparation as above. It may also be offered as a research based program,^[2] granting access to doctoral programs.

Graduates entering corporate accounting or consulting often additionally (alternatively) pursue the Certified Management Accountant (CMA), Certified Internal Auditor (CIA) or other such certifications.

References

^ "Post-secondary institutions (PSIs) offering CPA-accredited programs". CPA Canada. Retrieved 3 December 2018.
^ For example: Free State University Archived 2014-11-29 at the Wayback Machine, Stellenbosch University, UNISA .

[1] "Post-secondary institutions (PSIs) offering CPA-accredited programs". CPA Canada. Retrieved 3 December 2018.

[2] For example: Free State University Archived 2014-11-29 at the Wayback Machine, Stellenbosch University, UNISA .

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[2]

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+{{short description|Graduate professional degree}}
 {{refimprove|date=April 2014}}
-The '''Master of Accountancy''' (M.Acc. or M.Acy.), alternatively '''Master of Science in Accountancy''' (M.S.Acy.) or '''Master of Professional Accountancy''' (M.P.Acy.) is a graduate [[professional degree]] designed to prepare students for public accounting and to provide them with the 150 credit hours of classroom, but mostly clinical hours, required by most states before taking the [[Uniform Certified Public Accountant Examination]].
+The '''Master of Accountancy''' ('''MAcc''', '''MAcy''', or '''MAccy'''), alternatively '''Master of Science in Accounting''' ('''MSA''' or '''MSAcy''') or '''Master of Professional Accountancy''' ('''MPAcy''', '''MPAcc''', '''MPA''' or '''MPAc'''), is a graduate [[professional degree]] designed to prepare students for public accounting; academic-focused variants are also offered.
+In the [[United States]], the program provides students with the 150 credit hours of classroom, but mostly [[Clinical professor|clinical hours]], required by most states before taking the [[Uniform Certified Public Accountant Examination]].
-Similar graduate programs exist in [[Canada]], where certain [[universities in Canada|universities]] such as [[University of Waterloo]]'s [[University of Waterloo School of Accounting and Finance|School of Accounting and Finance]], or [[Carleton University]]'s [[Sprott School of Business]], offer the MAcc and waive all required education requirements up until the [[Uniform Evaluation|Common Final Examination]] (CFE) in order to become a [[Chartered Professional Accountant|Canadian CPA]].
+This specialty program usually runs one to two years in length and contains from ten to twelve three semester credit courses (30 to 36 semester hours total). The program may consist of all graduate accounting courses or a combination of graduate accounting courses, graduate management, tax, leadership and other graduate business electives. The program is designed to not only prepare students for the CPA examination but also to provide a strong knowledge of accounting principles and business applications.
+Similar graduate programs exist in [[Canada]], where certain [[universities in Canada|universities]] such as [[Brock University]]'s [[Goodman School of Business]], [[Carleton University]]'s [[Sprott School of Business]], [[University of Saskatchewan]]'s [[Edwards School of Business]], and [[University of Waterloo]]'s [[University of Waterloo School of Accounting and Finance|School of Accounting and Finance]] offer master's programs and waive all education requirements up until the [[Common Final Examination]] (CFE) in order to become a [[Chartered Professional Accountant|Canadian CPA]].<ref>{{cite web |title=Post-secondary institutions (PSIs) offering CPA-accredited programs |url=https://www.cpacanada.ca/en/become-a-cpa/pathways-to-becoming-a-cpa/cpa-pep-admission-undergraduate-degree-holders/cpa-accredited-programs-at-psis |website=CPA Canada |access-date=3 December 2018}}</ref>
-A Master of Professional Accounting can also be obtained from [[Australia|Australian]] universities to qualify for the [[CPA Australia|Australian CPA]], [[Institute of Public Accountants|IPA]] or [[Institute of Chartered Accountants in Australia|CA]].
+A Master of Professional Accounting can also be obtained from [[Australia]]n universities to qualify for the [[CPA Australia|Australian CPA]], [[Institute of Public Accountants|IPA]] or [[Institute of Chartered Accountants in Australia|CA]].
-This specialty program usually runs one to two years in length and contains from ten to twelve three semester credit courses (30 to 36 semester hours total). The program may consist of all graduate accounting courses or a combination of graduate accounting courses, graduate management, tax, leadership and other graduate business electives. The program is designed to not only prepare students for the CPA examination but also to provide a strong knowledge of accounting principles and business applications.
+As above, in other countries the degree's purpose may differ.  Where the [[Bachelor of Accountancy]] is the prerequisite for professional practice, for example in [[South Africa]], the Master of Accountancy then comprises specialized [[coursework]] in a [[Accounting#Topics|specific area of accountancy]] ([[Computer-aided audit tools|computer auditing]], taxation...), as opposed to CPA preparation as above. It may also be offered as a research based program,<ref> For example: [http://econ.ufs.ac.za/content.aspx?id=176 Free State University] {{webarchive|url=https://web.archive.org/web/20141129153153/http://econ.ufs.ac.za/content.aspx?id=176 |date=2014-11-29 }}, [http://academic.sun.ac.za/accounting/prospective.html Stellenbosch University], [http://www.unisa.ac.za/qualificationsMD/index.asp?link=http://www.unisa.ac.za/qualificationsMD/qualifications/98656.html UNISA] .</ref> granting access to doctoral programs.
-Graduates entering corporate accounting or [[consulting firm|consulting]] often additionally (alternatively) pursue the [[Certified Management Accountant]] (CMA), [[Certified Internal Auditor]] (CIA) or other certifications.
+Graduates entering corporate accounting or [[consulting firm|consulting]] often additionally (alternatively) pursue the [[Certified Management Accountant]] (CMA), [[Certified Internal Auditor]] (CIA) or other such certifications.
-Note that in other countries, the degree's purpose may differ.  Where the [[Bachelor of Accountancy]] is the prerequisite for professional practice, for example in [[South Africa]], the Master of Accountancy comprises advanced [[coursework]] in a [[Accounting#Topics|specialized area of accountancy]] ([[Computer-aided audit tools|computer auditing]], taxation...), as opposed to CPA preparation as above. It may also be offered as a research based program,<ref> For example: [http://econ.ufs.ac.za/content.aspx?id=176 Free State University] {{webarchive|url=https://web.archive.org/web/20141129153153/http://econ.ufs.ac.za/content.aspx?id=176 |date=2014-11-29 }}, [http://academic.sun.ac.za/accounting/prospective.html Stellenbosch University], [http://www.unisa.ac.za/qualificationsMD/index.asp?link=http://www.unisa.ac.za/qualificationsMD/qualifications/98656.html UNISA] .</ref> granting access to doctoral programs.
 ==See also==
+*[[Accounting scholarship]]
+*{{slink|Accounting#Education, training and qualifications}}
 *[[Bachelor of Accountancy]]
-*[[Master of Science in Taxation]] -- A similar, but more specialized, course of work
-*[[Master of Laws]] -- LL.M. in Tax is an advanced law degree
 *[[Certified Public Accountant]]
-*[[Enrolled Agent]] -- Recognition to represent taxpayers with the [[Internal Revenue Service|IRS]]
 *[[Chartered Professional Accountant]]
+*[[Enrolled Agent]]
+*[[List of master's degrees]]
+*[[Master of Laws]]<!-- As there as LLMs in tax -->
+*[[Master of Taxation]]
 ==References==
-{{reflist|2}}
+{{reflist}}
 {{academic degrees}}