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Master of Accounting

Learn specialized skills to protect your organization

Automation and technology continue to transform the accounting field, presenting new opportunities to conduct business. By shifting focus from data entry to data analysis, accountants now have more flexibility to develop actionable strategies that add value to their clients’ financial interests. The ability to analyze and interpret financial information requires specialized skills that can help protect businesses from fraud, manage risk, and increase profitability.*

To prepare you to be an agent of change in this evolving field, the Norwich online Master of Accounting offers two program tracks that can help you to pursue accounting as a new career, or reinforce existing skills within the field.* Under expert faculty guidance, you’ll learn the theoretical base, practical skills, and competencies necessary to address complex accounting issues for organizations of every type, including corporations, government entities, nonprofits, and individuals.

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*This program is designed to further student’s knowledge of accounting principles and was not designed to meet any specific state’s requirements for licensure or certification, and Norwich University makes no representations or warranties as to whether the degree or any individual courses meet such requirements. Norwich University has not determined and cannot guarantee students will be eligible to sit for or pass exams related to a degree in accounting in any state, and additional coursework, experience, fieldwork, or background checks may be necessary. Refer to your state’s licensing authority for additional information.

*ACFE

Degree
  • Master of Accounting
Concentrations
  • General Accounting
  • Forensic Accounting

Quick Info

1 Week Residency

Visit campus for culminating experience

15 Students

Maximum number per class

15-21 Months

Average time to program completion

7 September

First start date

10 August

Application deadline

Why Norwich

  • Learn from expert faculty members dedicated to your success, who provide one-on-one feedback, guidance, and a personal learning experience.
  • Apply for one of four start dates.
  • Benefit from a university recognized for academic excellence. U.S. News & World Report ranks Norwich University in the Top 100 for Regional Universities in the North (rankings based on undergraduate programs).

Accreditation and Recognition

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Norwich University is accredited by the New England Commission of Higher Education (formerly the Commission on Institutions of Higher Education of the New England Association of Schools and Colleges, Inc.).

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Recognized for academic excellence, U.S. News & World Report ranks Norwich University in the top 100 for Regional Universities in the North. Rankings are based on undergraduate programs.

 


Scholarship Opportunities

Norwich University offers a range of opportunities to help you lower your overall tuition costs. Contact our admissions team today to learn more about the below options. Please note that scholarships are not additive. In addition to the below scholarships, students may also be eligible for discounts if their organization partners with Norwich University.

Achievement Scholarship

Recognizing your past academic and professional achievements, the Achievement Scholarship is for newly enrolled students. You could receive a $4,200 scholarship, which will be distributed equally over the courses of the program. To be considered for this scholarship opportunity, submit your application package (application form, resume, letter of intent, and essay (if applicable)) for your program of interest at least one week prior to the upcoming application deadline. The Scholarship Selection Committee will review all application materials and select the recipient. 

Norwich Alumni Scholarship

Norwich University alumni and their spouses, parents, and children are eligible to receive our Alumni Scholarship. The scholarship is award for each term of enrollment at $425 per term.

Active Duty Military Scholarship

Active duty, National Guard, and Reserve personnel are eligible to receive a $250 award for each term of enrollment in an online master’s degree program.

 

Help us learn more about your experience and see if you qualify for the Master of Accounting program.

Accounting Curriculum

Accounting Curriculum

Position yourself for career advancement and success through multiple pathways

The online Master of Accounting includes General Accounting and Forensic Accounting concentrations. Both feature two course tracks – Advanced Track and Full Track – based on educational experience.

Add education to your experience

The Advanced Standing Track is designed for career enhancers: students with an undergraduate degree in accounting, or who have professional experience with accounting, are eligible for advanced standing status.

The Advanced Standing Track offers an abbreviated timeline that proceeds directly into upper level coursework for students already working in the field.

Students entering through our Advanced Standing Track must complete 10 total courses — including six core courses and four concentration courses — for a total of 30 credits. You can complete advanced coursework in as few as 15 months.

No accounting background? No problem!

The Full Track is designed to accommodate the needs of career changers and others who are new to accounting or students with a bachelor’s degree in a non-business bachelor’s field.

Instead of requiring a set of bridge or prerequisite courses that must be taken before entering the degree track, the Full Track includes all relevant coursework in one convenient program.

Students entering through our Full Track must complete 14 total courses — including four foundational courses, six core courses, and four concentration courses — for a total of 42 credits. You can complete Full Track coursework in as few as 21 months.

Both the Full Track and Advanced Standing Track are designed from a real-world perspective and help to fulfill the 150 hours required to sit for the Uniform CPA Examination, in addition to meeting criteria for the CMA certification exam.

In addition, coursework emphasizes the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to interpret or produce financial statements for various types of organizations.

Our graduates can gain the ability to:

  • Understand the ethics of accounting on a personal, business, company, and international scope.
  • Demonstrate ethical knowledge of accounting practices adopted by professional accounting organizations such as the American Institute of Certified Public Accountants (AICPA) and the Institute of Management Accountants (IMA).
  • Utilize Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to interpret or produce financial statements for various types of organizations.
  • Perform advanced management accounting issues including cost behavior, activity-based costing, budgeting, pricing, cost management, capital investment, and inventory management.
  • Understand taxation as it applies to sole proprietorships, C and S corporations, partnerships, limited liability entities, and fiduciaries (based an advanced study).
  • Examine accounting theory within the context of policy setting and financial reporting.
  • Analyze, evaluate, and organize financial data to facilitate managerial decision-making.
  • Conduct in-depth analyses of an organization's financial information and provide written assessments of results.

*This program is designed to further student’s knowledge of accounting principles and was not designed to meet any specific state’s requirements for licensure or certification, and Norwich University makes no representations or warranties as to whether the degree or any individual courses meet such requirements. Norwich University has not determined and cannot guarantee students will be eligible to sit for or pass exams related to a degree in accounting in any state, and additional coursework, experience, fieldwork, or background checks may be necessary. Refer to your state’s licensing authority for additional information.

Foundation Courses (Full Track Only)

The following courses are taken by students entering the full track only.

  • Financial and Managerial Accounting
    AC500 3 credit hours

    This course provides an introduction to financial and managerial accounting. The course focuses on accounting’s role in providing information for management decisions, as well as techniques for planning and controlling business operations to achieve company goals. Topics include the accounting cycle, financial statements, and financial ratios. From a managerial perspective, topics include job-order, process costing, activity-based costing, cost behavior, cost volume profit analysis, budgets, variances, and capital budgeting.

  • Auditing and Assurance Service
    AC501 3 credit hours

    This course is an in-depth study of issues relevant to the public accounting profession. These include legal liability and ethics, audit risk analysis, planning of audit engagements, auditor reports, and other assurance services and reports. Students will learn to think critically about issues facing the accounting profession primarily by analyzing cases and completing a number of individual and group research projects.

  • Intermediate Accounting Principles and Practices
    AC502 3 credit hours

    This course focuses on entities that prepare financial statements, guided by principles of financial reporting practices and in accordance with Generally Accepted Accounting Principles (GAAP). These standards adhere to global practices and standards as well. To increase student knowledge and skills concerning these standards, the course begins with expanded explanations of income statements and balance sheets. As the course progresses, students will learn more complex accounting skills and applications such as leases, postretirement benefits and accounting for income taxes. The course includes advanced applications for the statement of cash flows.

  • Accounting Information Systems
    AC503 3 credit hours

    The primary focus of this course is to explore the nature, design, and implementation of accounting information systems. The objective of the course is to develop students’ understanding of the theory and practice of relational database management systems in the accounting view of enterprise-wide databases.

Core Courses

The following courses are completed by all students. Upon completion of the core courses, students enter the concentration of choice.

  • Income Taxation
    AC510 3 credit hours

    This course introduces the federal tax law as it applies to the taxation of corporations, subchapter S corporations, limited-liability companies, and partnerships. Tax issues associated with formation, operation, distributions, redemptions, liquidations, reorganizations and selected special topics are included.

  • Advanced Cost Accounting
    AC511 3 credit hours

    This course is intended to extend the student's knowledge of traditional accounting techniques for product costing beyond that acquired in an introductory Cost Accounting course. A number of additional, more contemporary approaches to the cost accounting function are also explored.

  • Advanced Managerial Accounting
    AC512 3 credit hours

    This course deals with advanced management accounting issues. Topics covered include: cost behavior, activity-based costing, budgeting, pricing, strategic cost management, activity-based management, the Balanced Scorecard, quality cost management, environmental cost management, capital investment, inventory management and ethical control.

  • Theory in Accounting
    AC513 3 credit hours

    This course examines the conceptual basis of generally accepted accounting principles within the context of policy settings and the economics of financial-reporting regulation. The course will explore the theoretical rationale for the treatment of elements of the financial statements.

  • Information Systems Audit & Control
    AC514 3 credit hours

    This course provides students with essential knowledge of the concepts and practices of information systems audit and control. Included is an understanding of the fundamentals of auditing, planning and implementation of information systems audits, and the corresponding ability to work in partnership with financial auditors. It also includes a detailed understanding of and ability to audit the IT control environment (e.g. operating systems and networks, to application systems, operating procedures). Students also will gain hands-on experience with computer-assisted audit tools and techniques, and will use those tools to conduct tests of system-related processes and data.

  • Accounting Ethics
    AC515 3 credit hours

    This course allows students to focus on the core values of the accounting profession which include integrity, objectivity, ethical reasoning, and independence. Topics include economics, price and consumer behavior, business and accounting issues, ethics of information technology, and professional standards within a professional accounting practice.

General Accounting Concentration

  • Federal Income Tax for Corporations
    AC520 3 credit hours

    This course features advanced study of taxation as it applies to sole proprietorships, C and S corporations, partnerships, limited- liability entities, and fiduciaries including the tax implications of forming, operating and dissolving such entities. Advanced topics such as financial tax accounting concepts, employee compensation, related party transactions and tax planning are also included.

  • Non-Profit and Government Accounting
    AC521 3 credit hours

    This course is an introduction to accounting and reporting standards for local governmental units and not-for-profit entities. Entities to be covered include municipal and state governments and various non-profit organizations. The objective of this course is to provide the student with an understanding of generally accepted accounting principles for governmental and not-for-profit entities. Students should develop an understanding of the basic concepts of fund accounting, be able to contrast accounting concepts of governmental and non-profit organizations with that of for-profit organizations, and have a basic knowledge of state and local government financial reporting requirements. In addition, students should have a basic awareness of the different requirements for local governments.

  • International Accounting Standards
    AC522 3 credit hours

    This course examines methods of international accounting concepts, practices, and issues. It focuses on the accounting issues encountered by multinational companies engaged in international trade and invested in foreign operations. The course analyzes the global financial environment, foreign exchange market, foreign exchange risks, global financing and investment decisions.

  • Contemporary Topics in Accounting
    AC523 3 credit hours

    This course includes selected ongoing and emerging financial accounting issues which are studied with an emphasis on conceptual as well as practical aspects of the question. Proper use of financial accounting information requires knowledge of the principles and techniques used to process and disclose financial events in financial statements. Examples of topics covered include: accounting for retiree medical costs and pensions, revenue recognition, derivatives and hedging, fair value accounting and audit committee policies and procedures.

Forensic Accounting Concentration

  • Fraud Examination
    AC530 3 credit hours

    This course is a study of concepts of fraud examination and forensic accounting-related fraud, asset theft, and financial statement misstatements. Topics covered include the nature of fraud, fraud prevention, detection methods, investigation procedure and types of fraud.

  • Advanced Auditing
    AC531 3 credit hours

    This course provides a study of how an external audit is performed by a team of auditors. This includes the documentation, testing and evaluation of internal controls, and the design and implementation of corroborative substantive tests. In addition to external auditing, other topics include governmental, internal and operational auditing as well as issues of current interest in the auditing literature.

  • Advanced Accounting Information System
    AC532 3 credit hours

    This course seeks to examine the linkages between information systems and accounting and to prepare students to be trusted business advisors. The course provides an overview of how to understand, analyze and control computerized information systems

  • Civil Litigation for Accountants
    AC533 3 credit hours

    This course examines the forensic accountant's role and responsibilities in civil litigation which may include bankruptcy, electronic data analysis, family law, damages, financial misrepresentation and valuation. Processes of being a consultant or professional witness in accounting are included to prepare for real-world applications.


Admissions

At a Glance

  • No GMAT or GRE required
  • Undergraduate GPA of 2.7 or better preferred

Admissions Requirements »

Eligibility Requirements

  • A bachelor's degree from a regionally or nationally accredited U.S. institution, or an equivalent degree from a foreign institution, as evaluated by WESIERFSpanTran, or CED.
  • If English is not your first language, proof of English language proficiency is required. This can be demonstrated in one of three ways:
    • TOEFL - a minimum score of 550 (paper-based test) or 80 (Internet-based test) is required.*
    • IELTS – a minimum composite score of 6.5 is required.*
    • The applicant holds a baccalaureate or master’s degree from a college/university/institution in which the primary language of instruction was English.

Please Note:  All eligibility requirements are expected to be met unless noted in specific articulation agreements or memoranda of understand (MOUs).

Application Process

We encourage you to contact an admissions advisor (see below) if you need help at any stage of the application process. You will be required to submit the following items:

  • Application form
  • Resume that includes 3 professional references with contact information
  • Official transcript of your undergraduate degree from a regionally or nationally accredited university
  • Letter of intent
  • Proof of English language proficiency if applicable (TOEFL)

To contact an admissions advisor:

Phone: 1-877.348.8153

Email: info@online.norwich.edu

Next Start Date

Monday, March 8, 2021

Application Deadline

Monday, February 8, 2021

Contact Admissions

Mon - Fri: 9 a.m. to 5:30 p.m. EST

 

Call: 1-877-348-8153
Email: info@online.norwich.edu

  • student writing in notebook
    Transfer Credits
    A maximum of nine graduate credits is transferable to this program. Transfer credits only are awarded for seminars that cover the same subject areas as a Norwich Master of Accounting seminar and are less than ten years old.
  • student at commencement
    International Admissions
    Norwich University welcomes students from all countries who want to study through our online programs. You must complete all the steps in the admission process.
  • norwich alum, Ben Bragdon
    Norwich Alumni Benefits
    Reconnect with Norwich to complete your master's degree. As apart of our alumni community, you are eligible for a $2,500 scholarship and other benefits.

Non-Discrimination Statement

Norwich University, in compliance with Title IV of the Civil Rights Act of 1964, Title IX of the Education Amendment of 1972, and Section 504 of the Rehabilitation Act of 1973, does not discriminate on the basis of race, religion, color, national origin, age, sex, or physical handicap in any of its policies, practices, or procedures.


Tuition & Fees

About

Norwich’s online Master of Accounting provides a top-notch educational experience. We work hard to help make it affordable. Financial aid and several strategies can help finance your education. Norwich is committed to making this often-difficult process easier for you.

Tuition at a Glance

  • Credit Hours: 42 (Full Track); 30 (Advanced Standing Track)
  • Cost Per Credit Hour: $850

2019-20 Tuition and Fee Schedule

Rate Per Credit
Term
Tuition
Additional Expenses Total
$850
$5,100 (advanced track); $7,140 (full track)
  • Technology - $300/term
  • Library - $75/term
  • Graduation - $150/one time
$27,525 (advanced track); $37,725 (full track)

Careers & Outcomes

The demand for accountants and auditors is projected to add 140,000 new positions to the job market by 2026. As accountants from the baby boomer generation retire, the supply of younger accountants entering the field isn’t enough to keep pace.** This creates greater opportunity for those seeking career advancement or enhancement. Professionals in the field earn a median salary of $70,500, according to the U.S. Bureau of Labor Statistics.

Graduates of the program can obtain accounting skills crucial to individuals in the public and corporate setting, with positions as:

  • Auditors
  • Financial Planners
  • Financial Managers
  • Accountants
  • Budget Managers
  • Budget Directors
  • C-level positions (i.e. CFO)

 

**This program is designed to further student’s knowledge of accounting principles and was not designed to meet any specific state’s requirements for licensure or certification, and Norwich University makes no representations or warranties as to whether the degree or any individual courses meet such requirements. Norwich University has not determined and cannot guarantee students will be eligible to sit for or pass exams related to a degree in accounting in any state, and additional coursework, experience, fieldwork, or background checks may be necessary. Refer to your state’s licensing authority for additional information.
**Accounting Today


Faculty & Staff

Program Director

portrait
James  Ehrman, PhD

Dr. James Ehrman is the Associate Dean for Graduate Studies for the College of Graduate and Continuing Studies. He earned his BA in history and political science from Creighton University in Omaha, Nebraska and his MA in history from Kansas State University in 1997. Professor Ehrman continued his studies in history at Kansas State University and completed his PhD in history in 2006. Dr. Ehrman has worked at Norwich University since 2004, when he accepted a visiting instructor position with the Norwich University undergraduate Department of History and Political Science. In 2006, Professor Ehrman served as the associate program director for the military history program at Norwich University. In 2007, he was appointed to the position of program director for the Master of Arts in Military History program and the Master of Arts in History programs and served until August 2017.

Meet James »

Program Staff

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Kelli Sutton-Bosley, MAH, MMH
Associate Program Director
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Jennifer  West, M.S.
Associate Director of Advising & ADA Coordinator

Frequently Asked Questions

For what types of jobs would the Master of Accounting prepare students?

Norwich's online Master of Accounting prepares students to take on leadership and management positions in the industry as an Internal auditor, management accountant, budget director and chief cost accountant.

Do you have to choose a concentration before starting the MACC program?

Prospective students must select a concentration before beginning the program. However, the Program Director may make exceptions on a case-by-case basis. 

Will the MACC help with gaining the CPA credential?

The MACC coursework is designed to help fulfill the 150-hour requirement for the Uniform CPA Examination.

Are scholarships available?

Norwich University offers several scholarships. They are awarded based on merit, talent, or financial need. Learn more about available scholarship opportunities.

Are there tuition discounts?

If your company is a Norwich partner, you may be eligible for 10% discounted tuition. Ask your human resources department or check the current list of Norwich partners to find out. 

Does Norwich accept transfer credits?

Transfer credits, up to a maximum of one-third of the total credits of the graduate degree, may be awarded to those students who have successfully completed graduate-level seminars at other regionally- or nationally-accredited. Learn more about Norwich University’s transfer credit policy.