An Accounting Master's Degree That Prepares you to Stand Out from the Competition
Finance laws. Government regulations. Tax structure. A global economy. These are just a few of the financial areas that can determine success or failure for any organization. That's why top-notch accounting professionals are always in demand. Accounting is a field where possessing up-to-date knowledge, specialized skills, and professional credentials can make a big difference.
This Master of Accounting (MAcc) degree program is also designed to prepare you for the Certified Public Accountant (CPA) exam and meets the 150 semester hours required to sit for the CPA exam in most states. View the requirements for CPA licensure by state. In fact, WGU MAcc graduates perform well on the CPA exam, with a pass rate that significantly exceeds the national average. WGU also offers Wiley CPA Review at no extra charge for our accounting master's graduates.
*This master's degree program will also help prepare you for other professional exams such as the Certified Management Accounting (CMA) exam.
72% of students finish within
WGU lets you move more quickly through material you already know and advance as soon as you're ready. The result: You may finish faster.
Tuition per six-month term is
Tuition charged per term—rather than per credit—helps students control the ultimate cost of their degrees. Finish faster, pay less!
Average salary increase
M.S. Accounting graduates report an average salary increase of $18,700 after completing their WGU degree.
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Next Start Date: July 1
Start Dates the 1st of Every Month
COURSES & COMPETENCIES
Courses in This Program
This program is composed of the following courses. You will typically complete them one at a time as you make your way through your program, working with your Program Mentor each term to build your personalized Degree Plan. You’ll work through each course as quickly as you can study and master the material. As soon as you’re ready, you’ll pass the assessment, complete the course, and move on. This means you can finish as many courses as you're able in a term at no additional cost.
To ensure our degree programs are consistent with the demands of today’s workplace, we develop our courses and programs with input from councils composed of nationally recognized experts in their respective fields. College of Business Program Council members offer guidance on what knowledge and skills successful WGU graduates should master.
Governmental and Nonprofit Accounting provides learners with the skills and knowledge required to practice accounting for governmental and nonprofit entities: analyzing and recording transactions, financial statement preparation in accordance with Governmental Accounting Standards Board (GASB) standards, and communication.
This course provides a framework for detecting and preventing financial statement fraud. Topics include the profession’s focus and legislation of fraud, revenue- and inventory-related fraud, and liability, asset, and inadequate disclosure fraud.
This course introduces the complexity and functionality of managerial accounting systems within an organization. It covers the topics of product costing (including activity-based costing), decision-making (including capital budgeting), profitability analysis, budgeting, performance evaluation, and reporting related to managerial decision-making. This course provides the opportunity for a detailed study of how managerial accounting information supports the operational and strategic needs of an organization and how managers use accounting information for decision-making, planning, and controlling activities within organizations.
This course builds upon your accounting knowledge by focusing on advanced financial accounting topics such as consolidations, partnership accounting, and international accounting.
This course is designed to enhance awareness of the complexities and sources of tax law and to measure and analyze the effect of various tax options. This course provides an overview of income taxes on individuals, corporations, associations, and corporate distributions, while emphasizing the role of taxes in business decisions and business strategy. Also examined will be federal tax laws applicable to individuals and corporations (and shareholders), including tax research, tax compliance, and tax planning. *Retired
Advanced Auditing reviews basic auditing concepts, including (1) planning the audit: identifying, assessing, and responding to the risk of material misstatement; (2) specialized audit tools: attributes sampling, monetary unit sampling, and data analytic tools; (3) completing a quality audit; and (4) reporting on financial statement audits. The second part of the course dives into an application of auditing through (1) understanding how to audit an acquisition and payment cycle and (2) applying the knowledge learned through the acquisition and payment cycle to the revenue cycle in a performance assessment.
Accounting Research and Critical Thinking provides learners the skills and knowledge to research and add validity to accounting reports, resolution of issues, and procedural arguments: critical thinking, communication, research strategies, and database resources.
This course covers practical approaches to analysis and decision-making in the administration of corporate funds, including capital budgeting, working capital management, and cost of capital. Topics include financial planning, management of working capital, analysis of investment opportunities, sources of long-term financing, government regulations, and global influences. This course will improve students’ ability to interpret financial statements and manage corporate finances.
This course focuses on models and practices of strategic management including developing and implementing both short- and long-term strategy and evaluating performance to achieve strategic goals and objectives.
This course prepares students for the communication challenges in organizations. Topics examined include theories and strategies of communication, persuasion, conflict management, and ethics that enhance communication to various audiences.
Program consists of 10 courses
At WGU, we design our curriculum to be timely, relevant, and practical—all to ensure your degree is proof you really know your stuff.
Meets most state CPA exam requirements
This program will help prepare you to sit for the Certified Public Accountant, or CPA, exam and will allow you to meet the 150 semester hours required to sit for the exam. If you intend to sit for the CPA exam, please review the CPA licensure requirements for your state.
After graduation, WGU accounting master's degree graduates report earning $18,700 more per year. Are you ready to make more money?
On Your Schedule
Competency-based education means you can move as quickly through your degree as you can master the material. You don't have to log in to classes at a certain time—you are truly in the driver's seat of your education.
The MACC degree at WGU is 100% online, which means it works wherever you are. You can do your coursework at night after working at your full-time job, on weekends, while you're traveling the world or on vacation—it's entirely up to you.
The online master's of science in accounting degree at WGU is ACBSP accredited, a top recognition that shows the value of your education and diploma. Increase your salary and credentials with the help of an accredited and recognized master's degree.
COST & TIME
When We Say Affordable, We Mean It
By charging per term rather than per credit—and empowering students to accelerate through material they know well or learn quickly—WGU helps students control the ultimate cost of their degrees. The faster you complete your program, the less you pay for your degree.
A College Degree Within Reach
There is help available to make paying for school possible for you:
Competency-Based Education Gives You Flexibility: Learn Where, When, And as Fast as You're Able
Professional responsibilities. Family obligations. Personal commitments. At WGU, we understand schedules are tight and often unpredictable for busy professionals. That’s why we offer a flexible, personalized approach to how education should be. No interruptions to your work or family obligations. No rigid class schedules. No barriers to earning your degree on your own terms. Just a solid, career-focused master's degree that meshes seamlessly with your current lifestyle.
Ready to Start Your WGU Journey?
Next Start Date: July 1
Start Dates the 1st of Every Month
Add on to Your Accounting Experience to Enhance Your Career
Every organization needs financial professionals to guide their regulation, taxes, audits, and budgets. If you want to stand out from the competition, you'll need a résumé that boasts the right educational and professional credentials. That's why WGU's M.S. Accounting degree program is designed to prepare you to sit for the CPA or CMA exam—two of the most important qualifications you can add to your accountant résumé. Add to your existing knowledge and propel yourself forward in an exciting and lucrative field with the help of a master's degree.
WGU’s online master's of accounting will help you complete the necessary steps to become a more seasoned accountant—better qualified to pursue a greater variety of public and private accounting positions. You'll be prepared to move up in a lucrative and exciting field, ready to specialize in whatever area of accounting you're passionate about. A master's degree helps you boost your résumé and add the credentials you need to further your career.
Return on Your Investment
A Respected Accounting Master's Degree from WGU Can Help You Stand Out in a Competitive Job Market
Highly skilled accountants are needed in public accounting, industry, government, and non-profit organizations. If you're ready to prepare for the CPA or CMA exam and take your accounting career to the next level, WGU's online M.S. Accounting will help you gain the necessary analytical skills to address complex financial information and make appropriate recommendations to management.
Our 175-plus MAcc alumni have great jobs and satisfying careers:
- Accounting manager
- Internal audit manager
- Senior accountant
- Accounting firms
- Private companies
- Nonprofit organizations
- Colleges and universities
- Big 4 Firms
- Benihana National Corporation
- Helix Education
WGU Grads Hold Positions With Top Employers
Admissions Requirements Unique to This Degree
To be considered for this program, you must:
- Submit a transcript verifying receipt of your bachelor’s degree from a recognized, accredited college or university.
- Demonstrate accounting experience through at least one of the following methods:
- A bachelor's degree in accounting
- A Certified Public Accountant (CPA) license
NOTE: You do not need to take the GRE or GMAT to be admitted to this program. Learn why we don't require these tests.
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Get Your Questions Answered
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BECOME A CPA
Prepare for the CPA Exam
Qualified to sit for the CPA exam. A master's degree from WGU allows students in most states to get the qualifications they need to sit for the CPA exam. In most states you will need 150 credit hours of school work, with a certain amount of accounting courses, in order to sit for the CPA. WGU degrees can help you reach that goal.
58% CPA pass rate. WGU boasts a 58% CPA pass rate for graduates. With the national CPA pass rate sitting at approximately 50%, we are thrilled that our graduates are more prepared on average to pass the CPA exam and become licensed.
Free Wiley test preparation. MAcc graduates are able to access free Wiley CPA test preparation materials, an $1,800 value, to help them be prepared to study for and pass the CPA exam.
M.S. Accounting FAQs
If you want to become a master in accounting, you'll need a master's degree! Commonly called a MAcc, this degree program will give you additional knowledge and training in specific accounting skills like auditing, taxes, financial reporting, regulation, and more. And a master's degree in accounting usually enables students to be prepared for the CPA examination.
For those who want to pursue a career in accounting, a master's degree is an important credential to have. Most states will require 150 credit hours and a certain amount of accounting coursework in order to take the CPA exam. A master's degree can help you meet those requirements and be prepared for the exam. For many accounting careers, having a CPA and master's degree is key in demonstrating you are skilled and trained in the rigorous work you'll need to do.
Absolutely. A master's degree in accounting can help you get the qualifications you need to sit for the CPA exam, and can translate to higher pay and better positions in the field. For example, WGU graduates from the master's of accounting program see an average of $18,700 salary raise after graduation.
Most accounting master's degree students will tell you that earning a degree is 100% worth it. A master's degree opens the door for many to take the CPA exam, be eligible for raises, provides chances for promotion and job growth, and helps them stand out from the competition.
If you're interested in pursuing a career in accounting, whether doing taxes, performing audits, or other financial services, a master's degree in accounting is an ideal fit. This degree will help you learn specific skills needed for accounting responsibilities, as well as qualify you in many states to take the CPA examination, which is key to boosting your résumé.
There are many job possibilities for those who pursue a master's degree in accounting, both in public and private accounting. Some of those jobs include:
- Tax accountant
- Finance manager
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