Courses | Master of Professional Accountancy (MPAcc)
Below are the course requirements for this academic program. For more program details, including graduation requirements and learning outcomes, visit Biola's academic catalog.
Accounting Leveling Courses
Up to 21 credits of accounting leveling courses may be required for students without an undergraduate degree or equivalent in accounting.
| MPAC 511 | Intermediate Accounting I |
| Advanced treatment of cash-flow, funds-flow analyses, preparation of financial statements, income tax allocation, valuation, forecasts, and cash reconciliation. Grade Mode: A. | |
| MPAC 512 | Intermediate Accounting II |
| Advanced treatment of cash-flow, funds-flow analyses, preparation of financial statements, income tax allocation, valuation, forecasts, and cash reconciliation. Grade Mode: A. | |
| MPAC 513 | Cost Accounting |
| Cost accounting from a managerial, conceptual and technical viewpoint; product, labor, material and overhead costing; planning and control processes; and analytical procedures. Grade Mode: A. | |
| MPAC 516 | Federal Income Tax for Partnerships, Corporations and Estates |
| An explanation of the federal income tax law as it relates to partnerships and corporations. Estate taxes are reviewed with a historical perspective. Grade Mode: A. | |
| MPAC 517 | Accounting Information Systems |
| The study of computer based systems for the collection, organization, and presentation of accounting information. Grade Mode: A. | |
| MPAC 522 | Advanced Accounting |
| Examines essential elements of corporate consolidations, branch and departmental accounting, international accounting, advanced partnership and fund accounting concepts. Grade Mode: A. | |
| MPAC 523 | Auditing |
| Introduction to standards and procedures which comprise the contemporary audit environment. Topics include, ethics, legal liability, Internal control, substantive evidence, and reporting. Course work includes Comprehensive practice audit. Grade Mode: A. | |
Business Leveling Courses
Up to 9 credits of leveling courses may be required for students without an undergraduate degree in business.
| MBAD 506 | Marketing from the Management Perspective |
Students learn to manage the marketing process in the context of the firm's strategies and objectives. Topics include analyzing marketing opportunities, selecting target markets, developing marketing strategies, planning marketing programs, budgeting the marketing program, and implementing and controlling the marketing effort. Students will also be introduced to economic principles that affect marketing decisions. Throughout the course students will reflect on Biblical and ethical issues in marketing, and how they potentially affect the marketing management process. Grade Mode: A. | |
| MBAD 507 | Economic Fundamentals |
This overview course is an introduction to the basic tools and principles of economics. Topics include supply and demand theory, theory of consumer behavior, industrial organization, income distribution, market failure, business cycles, monetary and fiscal policy, and international trade. Grade Mode: A. | |
| MBAD 508 | Business Law |
This course will examine the legal and regulatory environment of business including an overall survey of the legal system, torts, contracts, criminal law, employment and labor law, business organizations, international law, as well as ethics and biblical principles and their relationship to and interaction with legal principles. Grade Mode: A. | |
Core Requirements
| MPAC 603 | Issues in Financial Accounting |
| Advanced and current issues in financial accounting and reporting, including professional pronouncements. Grade Mode: A. | |
| MPAC 614 | Advanced Taxation of Business Entities |
| Advanced federal taxation concepts of corporations, partnerships, and other flow-through entities. Grade Mode: A. | |
| MPAC 615 | Advanced Taxation of Business Entities II |
Advanced federal taxation and planning of flow-through entities and other special entities. | |
| MPAC 621 | Accounting Research and Communication |
| Accounting literature research with the use of technology and the communication of the findings in written and oral formats. Grade Mode: A. | |
| MPAC 626 | Ethics in Accounting |
| Ethical issues and standards in the accounting profession. Grade Mode: A. | |
| MPAC 629 | Government and Nonprofit Accounting |
| Principles of fund accounting as it is applied to governmental and nonprofit entities as well as the fundamentals of nonprofit taxation. Grade Mode: A. | |
| MPAC 634 | Financial Statement Analysis & Forensic Accounting |
The study of ratio and profitability analysis, analysis of the statement of cash flows and valuation. Also included is the study of forensic accounting, and fraud detection and prevention. | |
| MPAC 641 | Accounting Analytics |
| Students will understand the role that digital technologies and statistical analysis play in solving complex accounting issues. The students will develop and advanced knowledge of technology to apply to analyze accounting information. Grade Mode: A. | |
| MPAC 642 | Advanced Analytics |
Advanced data analytics concepts for accounting professionals. Topics include data mining, data visualization, predictive analytics, and emerging technologies. | |
| TTTH 630 | Theology of Work |
The course will explore the place of work within God's kingdom program for history. The contours and major movements in God's program to rule the creation will provide the context for identifying the biblical understanding of the purpose and nature of work in the present age. These major movements include the pattern of work in the initial created order, patterns of work within the theocratic society of Israel, and finally work redeemed in the truth of Jesus Christ for the present age. Special attention will be given to the place of work in the believer's spiritual formation as the source for being a leader for Christ in the workplace. Grade Mode: A. | |
Electives
Electives include the courses below as well as other approved accounting courses.
| MPAC 651 | Practical Applications of Accounting |
In this course, students integrate the learning experience by completing modules related directly to CPA exam preparation. Grade Mode: C. | |
| MPAC 670 | Accounting Internship |
| Work experience related to the field of accounting. A proposal describing learning objectives, collateral reading and expected benefits must be submitted and accepted by a supervisor and instructor during the semester prior to registration. Notes: May be taken for a total of 6 credits. Grade Mode: A. | |
Concentrations
Business Analysis and Reporting
The Master of Professional Accountancy in Business Analysis and Reporting (BAR) requires the courses below as well as your choice of 2 electives.
| MPAC 642 | Advanced Analytics |
Advanced data analytics concepts for accounting professionals. Topics include data mining, data visualization, predictive analytics, and emerging technologies. | |
Tax, Compliance and Planning
The Master of Professional Accountancy in Tax, Compliance and Planning (TCP) requires the courses below as well as the choice of 1 elective.
| MPAC 615 | Advanced Taxation of Business Entities II |
Advanced federal taxation and planning of flow-through entities and other special entities. | |
| MPAC 644 | Advanced Taxation of Individuals |
| Advanced Federal taxation issues as it relates to individual taxpayers. Grade Mode: A. | |