master of accounting in washington dc

One of the reasons that completion of accredited accounting degree programs in District of Columbia is important is that federal requirements related to the reporting of income and expenses change constantly. In Washington DC, the DC Board of Accountancy regulates the licenses of professional accountants in an effort to protect consumers. In order to sit for the Certified Public Accountant (CPA) examination in the District of Columbia, applicants must have a baccalaureate degree from an accredited college or university. The undergraduate degree must have a concentration in accounting with at least three semester hours in Commercial Law. In Washington DC, it is possible to sit for the examination with only 120-credit hours, but an individual cannot be licensed unless they have 150-credit hours.

In addition to changes that may occur with requirements for the CPA examination, financial reporting requirements change regularly in an effort to protect consumers. After the financial crisis that occurred with financial reporting irregularities at large companies like Enron in the past, many changes were made to accounting practices. These were an effort to safeguard financial matters for individuals and companies. These are consistently adjusted, which is why advanced education for accountants may be critical. These accredited accounting degree programs in District of Columbia can provide the advanced education a person needs to succeed in their chosen career.

American University

Kogod School of Business

At the Kogod School of Business at American University, the faculty and staff strive to create an interactive learning environment that focuses on experiential learning. Students are provided traditional classroom training. They are also exposed to hands-on learning through projects that require outside the classroom participation. The Kogod School of Business was established in 1955 as the first university-level school of business in the District of Columbia. The college is named for Robert and Arlene Kogod. Mr. Kogod was a real estate developer in the Washington DC area and the former co-chairman of the Charles E. Smith Companies.

MS Accounting

The Master of Science in Accounting at the Kogod School of Business provides an intensive learning experience for students who are seeking new careers or want to advance in a current accounting career. Over the next decade, accountant positions are expected to grow by 22 percent. An advanced degree in accounting from the Kogod School provides students with a better opportunity to either obtain a position in accounting or to advance in a current career. To apply for admission to the program, students must provide a current resume and a personal statement to the admissions office. In addition, two letters of recommendation must be provided. Official transcripts from each college and university attended along with an official GMAT score must be provided as well.

Accreditation

  • Middle States Association of Colleges and Secondary Schools
  • Association to Advance Collegiate Schools of Business

Contact

American University
4400 Massachusetts Avenue, NW
Washington DC 20016
Telephone: 202-885-1000
Website: http://www.american.edu/kogod/graduate/ms-acct.cfm

The George Washington University

School of Business

The mission of the School of Business at George Washington University is to:

  • offer quality education through innovative programs
  • engage in rigorous scholarship
  • make contributions locally, nationally and globally

The college sets itself apart from others by providing advanced knowledge in a global arena. Students get the knowledge and skills necessary to succeed in the business world through extensive multidisciplinary educational opportunities. The college offers innovative, forward-thinking and customized education to all students. It supports students with superior services in all areas of the college.

Master of Accountancy

The Master of Accountancy degree program at George Washington University prepares students for advanced careers in accounting. It prepares them to sit for the CPA examination in Washington DC. Students are prepared for careers in:

  • government agencies
  • nonprofit organizations
  • corporations

Today’s accountants do more than just track financial records. The government now uses accountants to fight terrorism and corporate corruption. Accountants also help businesses untangle increasingly strict government regulations. They’re often credited with driving businesses to success. The Master of Accountancy at GWU consists of 36 credits. Ashorter track of 30 credits is available to those who have an undergraduate degree in accounting.

MBA Accounting and Advisory Services Concentration

The MBA with an Accounting and Advisory Services Concentration educates students on how to access and analyze financial information. Students are then able to present that information to clients in a meaningful way. The program requires 12 additional credits to the MBA program and is only available in a traditional classroom setting. Courses required are:

  • Financial Statement Analysis
  • Business Law
  • Intermediate Accounting I and II
  • International Reporting & Control
  • International Accounting
  • International Financial Reporting Standards
  • Managerial Accounting II
  • Controls, Alignment and the Organization
  • Contemporary Auditing Theory
  • Fraud Examination & Forensic Accounting
  • Federal Income Taxation
  • Federal Income Taxation for Partnerships
  • Federal Income Taxation for Corporations
  • Accounting Information Systems & EDP
  • Business Law: Contracts, Torts and Property
  • Business Law: Enterprise Organization
  • Government & Nonprofit Accounting and Auditing
  • Corporate Governance and Ethics

To apply for admission to either Master’s level program, students must provide official GMAT scores as well as official transcripts from each college and university attended. Students must also provide:

  • a statement of purpose that explains their short- and long-term goals
  • experiences that have benefited them
  • qualifications
  • any other information that the college could find helpful

Students for whom English is a second language may be required to show proof that they are able to read, write and speak the language fluently.

Accreditation

  • Middle States Association of Colleges and School

Contact

George Washington University
2121 Eye Street, Northwest
Washington DC 20052
Phone: 202-994-1000
Website:
Master of Accountancy: http://business.gwu.edu/programs/specialized-masters/master-of-accountancy
MBA: http://business.gwu.edu/programs/masters-of-business-administration/concentrations-certificates/#AAS

Regulations for financial reporting are constantly changing. Many jurisdictions require 150-credit hours for individuals to sit for the CPA examination. Advanced education for accountants is almost a requirement. These accredited accounting degree programs in District of Columbia can provide individuals with the knowledge and skills they need to advance in their career or  find a new career in the accounting field.

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