Along with finance, accountancy is the universal language of business, with this specialization you can uniquely touch many aspects of the business. In order to understand financial success dynamics and driving profit margins, organizations and companies required qualified accountants to work with government policymakers for solutions of taxes and trade through climate change.
Course structure & entry requirements
Masters of accounting referred to Master of Professional Accounting (MPAcy, MPA, MPA or MPAcc), Master of Accounting (MAcc or MAc) or Master of Science in Accounting (MSA) and Master of Business Administration (MBA) with focus on accounting. Masters in accounting programs are generally one or two years long. In this specialization, you need to work on projects, case studies, seminar classes and lectures. Topics include in the specialization of accounting degrees are computing, economics, finance, commerce, business studies and engineering. Some universities and institutions prefer candidates with previous qualification or certification in accounts. In this programs, you can advance your skills on the basis of background and knowledge of bachelors in accounts. This specialization also available through online learning scheme, distance learning programs, and summer school programs.
Specialization in Masters in Accounting
There are many specializations in Masters in Accounting degrees depending on your interest.
Degree in masters in accounting majorly divided into many specializations available in each field.
Forensic accounting: This specialization is the process includes professional models, techniques, knowledge, tools to a standard admissible or real-life case studies to a court of law. In this, you will also get the knowledge of litigation support and investigation for the expert witness statement.
Auditing: This specialization is the study of theory and science of accounting. This course is the evaluation of organization. project’s financial performance, statements, person, data, records, and operations.
Tax accounting: Study of this specialization focuses on preparing financial statements, calculation of annual tax provisions, filing tax returns, tax balance validation, and future tax planning responsibilities.
International accounting: This specialization involves the global study of accounting. Courses in this specialization are practical and theory of accounting in the context of cultural, social, political and environmental implications and settings of accounting.
Financial accounting & management accounting: Financial accounting is the combination of accounting information and financial data of people in an organization while management of accounting. Whereas the work of management accounting is to provide that information in the organization to the people.
Careers in Masters in Accounting Degrees are varied and wide, as with most arts and humanities subjects. Following are the career options available in Masters in Accounting Degrees:-
- Accounting consultant
- Forensic accountant
- Certified public accountant
- Budget analyst
- Financial examiner