Accounting (MS)
Southern New Hampshire University
Online Only
Companies of all sizes rely on professionals with financial expertise to influence their decisions and strategies. Becoming a more experienced accounting professional could lead to a range of career focus areas from auditing to financial analysis or accounts payable/receivable. Individuals with the right skill sets could find themselves helping to assess the financial health of a business, preparing financial reports to help executives make good decisions, working with payroll, or dealing with tax compliance. That's why we offer 2 accounting master's programs along with 4 concentration options to help you reach your goals. Designed for corporate accountants, auditors, fraud examiners, and financial analysts, our Master of Science (MS) in Accounting program can help you move into high-level positions in banking, taxation, insurance, or any company with a financial division. Students hoping to earn their Certified Public Accountant (CPA) certification will find this degree valuable. Depending on the state where you reside, earning your MS Accounting degree may satisfy the education requirements you need to sit for the CPA exam.
"The overall purpose of accounting is to tell the financial story of an organization (or individual) to allow for informed decision making," said Mona Stephens, CPA, MSA, and accounting faculty lead at SNHU. "Accountants now need to have good communications skills, technology skills, and the ability to analyze large amounts of data."
You'll enhance your analytical skills, deepen your knowledge of accounting principles and learn from instructors with real-world expertise. The Master of Science (MS) in Accounting Finance will help you gain the important financial analysis and quantitative skills required for leadership or management positions. This program is a good option if you have an interest in both accounting and finance. Corporations and organizations large and small are in need of qualified, trained financial professionals who recognize the importance of accurate quantitative analysis and compliance with strict financial statement regulations. You can also specialize your skills in one of our 4 industry-driven concentrations: auditing, forensic accounting, management accounting, and taxation. While you'll practice traditional accounting practices throughout your coursework, you'll also have the benefit of learning current accounting software, giving you a deeper understanding of the business.
Our online master's in accounting degree curriculum is designed to enhance your understanding and skills in a range of areas such as:
- Accounting principles and practices
- Professional auditing methods
- Cost analysis for informed decision-making
- Using information technology to evaluate the financial information
- Applications of financial regulations in business
- Quantitative analysis
- Individual and corporate tax preparation
The content of this program aligns with the Content and Skill Specification Outlines (CSOs/SSOs) set by the American Institute of Certified Public Accountants (AICPA). To become a CPA, the AICPA has 3 requirements, known as the 3 Es: experience, exam, and education. SNHU's master's curriculum was designed by subject-matter experts working in the field specifically to meet the certification's educational requirements.
In turn, the content in the MS program prepares you for the various sections of the CPA exam:
- Auditing and attestation
- Business environment and concepts
- Financial accounting and reporting
- Regulation
Becoming a CPA allows you to join a network of over 430,000 who've earned the same certification. In addition, should you choose to add the management accounting concentration to your degree, the program was designed to allow you to meet the education requirements for the Certified Management Accountant exam.
The Institution of Management Accountants lists its 12 competencies as:
- Corporate finance
- Cost management
- Decision analysis
- External financial reporting decisions
- Financial statement analysis
- Internal controls
- Investment decisions
- Performance management
- Planning, budgeting, and forecasting
- Professional ethics
- Risk management
- Technology and analytics
Passing the exam puts you in good company: The IMA has awarded 70,000 CMAs to date. Don't have an accounting or business background? SNHU offers foundation courses for students that enter without an undergraduate degree in accounting or finance. Other courses are eligible for exemptions or waivers if a student has an undergraduate major or concentration in accounting, finance, or accounting/finance. Students should discuss with their admission counselor or academic advisor how previously earned credits could apply to their master's degree.