Post-Baccalaureate Studies in Accounting at Regis

The Master of Science in Accounting prepares students for the 150 hours of college credit required to become a Certified Public Accountant (CPA), which will be required in Colorado beginning in 2015, as well as other states. The hands-on learning experience focuses on advanced accounting skills and career preparation.

M.S. in Accounting

Degree Overview

The Master of Science in Accounting fulfills important requirements for becoming a Certified Public Accountant in Colorado and many other states. These include 150 hours of college credit and courses in accounting ethics and advanced auditing. In addition to fulfilling these requirements, the degree offers a hands-on, classroom based learning experience that focuses on advanced accounting skills and career preparation.

The curriculum will follow a semester model and includes 30‐hours of required courses culminating in a final graduate project. In addition to advanced accounting courses, courses address accounting ethics, business communications, career success and working with service-focused organizations. These courses will emphasize the importance of understanding the impact of one’s actions on others. Case studies and experiential exercises will also prepare the students for situations that will challenge them during their career.

In addition to in‐class activities, students will be required to complete an internship or support a small business or community organization that needs accounting and business guidance. The capstone class uses a simulation that requires students to use their training to manage a corporation’s strategy. In addition to class work and the internship, the final project will involve evaluating the social responsibility efforts of a corporation, government agency, or non‐profit from an accounting perspective. The focus will be on analyzing, evaluating and supporitng an organization's ability to operate sustainably in terms of profit, environment, and social impact.

Current Regis College undergraduate accounting student can enroll in the masters program, extending their studies by two additional semesters:

  • 9 hours of graduate level courses during their senior year
  • 9 hours of graduate level courses during the summer after undergraduate graduation
  • 12 hours of gradauate level courses during the fall semester

New Regis College students will complete 12 hours in the fall, 12 in the spring, and six hours in the summer semesters.

Program Requirements

Listed below are the required courses for completion of the Master of Science in Accounting Degree. Please note that recent course requirement updates may not be reflected in the list below and you should contact the Office of Enrollment Services at 303.458.4126 for recent changes and updates.

Required Courses (3 credit hours)
MSAA 602 Interpreting Accounting Information
AC 405/MSAA 605* Advanced Auditing
MSAA 607 Acccounting for Nonprofit & Government Organizations
MSAA 615 Income Tax Research
MSAA 617 Accounting Information Systems
MSAA 698E-W MSA Internship
MSAC 695 Business Planning and Strategy
AC 420/MSAC 620* Advanced Accounting
AC 491/MSAA 691* Accounting Ethics
MSAA 606 Financial Communications  
Final MSA Project

Please note that recent course requirement updates may not be reflected in the list above and you should contact an admissions counselor at 800.944.7667 for recent changes and updates.

*These courses will be taught at both a 400‐level and a 600‐level so that students who are not enrolled in the masters program can still take the course as required under the new law that goes into effect on July 1, 2015. Existing Regis College undergraduate students can take the 600‐level version of this course in their senior year to count toward both their 128 hours of undergraduate work and 30 hours of graduate work.

Course Descriptions

Examines adjustment of financial statements used for analysis after assessing accounting policies used and other limitations of accounting model. Analysis of firm’s financial ratios, free cash flow, earnings quality, sustainable earnings, creditworthiness, and fundamental (intrinsic) equity value. Prerequisite(s): AC 320A, AC 320B, AC 410A, and AC 410B, or MBAC 604. Cross listing MBAA 602.

AC 405/MSAA 605 - ADVANCED AUDITING (3 credit hours)
Examines cases of failed audits to assess audit risk; identify relevant assertions, inherent risks, and control risks; formulate audit objectives; and evaluate appropriateness of audit evidence. Examines earnings management incentives and devices; and threats to auditor's independence. Prerequisite(s): For undergraduates - AC 480 & BA 430. For graduates - MSAA 602 or MBAA 602 or equivalent with faculty advisor approval.

Examines accounting for not-for-profit organizations and governments. Emphasizes the use of accounting information to help identify and solve problems encountered in the management of these organizations. Prerequisite(s): MSAA 602 or MBAA 602 or permission of instructor. Cross listing: MBAA 607.

MSAA 615 - INCOME TAX RESEARCH (3 credit hours)
Develops the ability to research complex income tax questions. Examines the basis of tax law, research materials and research strategies. Research is completed using both manual and automated research systems. Prerequisite(s): MSAA 602. Cross listing: MBAA 615.

Identifies and defines the manual and automated systems necessary to provide accounting information. Studies and compares systems to prepare financial accounting, cost accounting and tax documents. Develops efficient, controlled systems that provide both required and management information. Prerequisite(s): MSAA 602 or equivalent with faculty advisor approval. Cross listing: MBAA 617.

Under the supervision of a qualified MSA faculty member, provides an intensive internship appropriate for the Master of Science in Accounting program. In place of the internship, the student may complete an accounting practicum which involves working on accounting projects for local businesses, non-profits, and other organizations. Prerequisites: Completion of all foundation courses and permission of MSA lead faculty required.

Develops a strategic and operating plan and implements it using a complex realistic business simulation model. Prerequisite(s): Successful completion of 21 semester hours of 600-level MSA courses and all foundational courses. NOTE: Fee required.

How to Apply

Take the next step in receiving a values-based education at Regis by visiting the admissions page to learn more about application deadlines, checklists and requirements.

Ready to apply now?

A $75 fee is due with application, which is waived for current Regis University students. A $350 deposit is due once a student is accepted. Current Regis College juniors accepted into the program will not be required to pay the deposit until their senior year.

The tuition for this program is $780 per semester hour, with a total cost of $23,400 for all 30 semester hours. This program qualifies for financial aid.

Accepted Regis College seniors have the opportunity to take nine semester hours during their final year as an undergraduate at the undergraduate tuition rate. The final 21 semester hours will be completed as a graduate student, with a total tuition cost of $16,380.