Accounting/Taxation with IMAPP concentration, BS and MS

The combined Bachelor of Science with a major in accounting and Master of Science with a major in taxation is a 150-semester-hour program designed to provide an appropriate base of knowledge for entry into the accounting profession, as well as a broad-based general educational background. Students awarded the Master of Science with a major in taxation are simultaneously awarded the Bachelor of Science with a major in accounting. (The Bachelor of Science with a major in accounting is not awarded separately.)

Students who earn these degrees complete an educational program consistent with recommendations of professional accountants and accounting educators, and are prepared for entry into careers as public accountants, management accountants, or internal auditors within either the public or private sector.

The BS/MS program meets the 150-hour requirement for the Certified Public Accountant exam in Texas and other states. The Integrated Masters of Accounting Professional Program (IMAPP) concentration includes additional degree requirements (e.g. higher GPA and mandatory internship).

Continuation requirements

Undergraduate students must meet the minimum standards of the Bachelor of Business Administration with a major in accounting to be admitted automatically to the undergraduate portion of the professional program. Students who have at least 60 hours of college credit but who lack credit in certain courses in the preprofessional program may be admitted provisionally with deficiencies. Students granted such provisional admission must proceed immediately to remove the deficiencies.

Students seeking admission who already hold a baccalaureate or higher degree should see the Graduate Catalog for information regarding the one-year (36-hour) Master of Science with a major in taxation program.

The final decision regarding admission to the Master of Science with a major in taxation program rests with the Department of Accounting.

Degree requirements

The following requirements must be satisfied for a Bachelor of Science with a major in accounting/Master of Science with a major in taxation.

Hours required and general/college requirements

A minimum of 150 semester hours (including a minimum of 114 undergraduate hours, of which 42 must be advanced) and fulfillment of degree requirements for the Bachelor of Science degree as specified in the “University Core Curriculum ” in the Academics section of this catalog, fulfillment of degree requirements for the Master of Science as specified below, and the College of Business requirements.

Business foundation requirements

See “Professional program” below for requirements.

Professional field requirements

See “Professional program” (undergraduate/graduate accounting courses) below for requirements.

Other course requirements

Completion of at least 36 semester hours of graduate work.
At least 30 semester hours in 5000-level accounting courses at UNT.

Electives

See individual degree plan.

Other requirements for students seeking an IMAPP BS/MS concentration

An overall undergraduate UNT GPA of 3.3
A GPA of 3.25 for both the first 9 graduate semester credit hours and first full-time semester taken at UNT after admission to the Toulouse Graduate School
A minimum cumulative graduate GPA of 3.5 and continuous enrollment for all subsequent semesters

Preprofessional program

University Core Curriculum requirements

See “University Core Curriculum ” as listed in the Academics section of this catalog.

Pre-business requirements

To enroll in upper-division courses in the College of Business, the student must have completed at least 45 hours of the pre-business program requirements, as listed below, and have a minimum 2.7 overall UNT grade point average. First-term/semester transfer students who have completed at least 45 hours of the pre-business program requirements at another institution must have a minimum 2.7 overall GPA on all transfer work accepted by UNT to be admitted to the Bachelor of Science program and to enroll in upper-division courses. All of the following courses must be completed with a grade of C or higher.

TECM 2700 - Technical Writing

Note

Some of these requirements may be taken as part of the University Core Curriculum requirements.

Lower-level business foundation requirements

Electives

Hours required for electives may vary based on course selection and the University Core Curriculum requirements. Students are responsible for completing the total minimum hours required for the degree.

Professional program

The 90 hours making up the professional program are subject to the prior approval of an accounting advisor. Courses include the following:

Business foundation, 18 hours

Other courses, 15 hours

Advanced economics, 6 hours
Approved information systems elective, 3 hours
Elective, 3 hours: BCIS, production management, or operations research
MGMT 3330 - Communicating in Business

Undergraduate accounting courses, 19 hours

ACCT 3110 - Intermediate Accounting I
ACCT 3120 - Intermediate Accounting II
ACCT 3270 - Cost Accounting
ACCT 3405 - Professional Development
ACCT 4100 - Accounting Systems
ACCT 4300 - Federal Income Taxation
ACCT 4400 - Auditing — Professional Responsibilities
Note: All students entering ACCT 3110 (Intermediate Accounting I) are required to complete and pass an entrance exam. This policy applies to both UNT students and transfer students. The exam will be administered at least three times a year and the student must obtain a passing grade of at least 70%. The exam will be composed by the full-time financial accounting faculty and administered by the Department of Accounting.

Graduate accounting and required courses, 36 hours

The Master of Science with a major in accounting and concentration in IMAPP audit or concentration in IMAPP management and entrepreneurial and the Master of Science with a major in taxation and concentration in IMAPP requires 36 hours of accounting and other required courses.

Note: The student must be admitted to the Toulouse Graduate School before registering for these courses. The student should take the Graduate Management Admissions Test (GMAT) after completing approximately 90 semester hours of credit and prior to the term/semester during which the undergraduate program of 114 semester hours is completed. As soon as the test results are available, the student should contact the College of Business Graduate Programs Office regarding application to the graduate school.

The 36-hour program varies with the major and concentration chosen; however, a minimum of 30 hours of 5000-level accounting courses must be taken. Requirements include the following:

ACCT 5110 - Fundamentals of Accounting Research
ACCT 5120 - Using Information Systems in Accounting
ACCT 5200 - Professional Ethics and Corporate Governance
ACCT 5310 - Tax Research and Administrative Procedure
ACCT 5320 - Taxation of Flow-Through Entities
ACCT 5330 - Taxation of C Corporations
ACCT 5360 - Advanced Topics in Federal Taxation
ACCT 5800 - Internship
BLAW 5400 - Law for Accountants and Managers
either ACCT 5340 or ACCT 5370
approved electives (chosen in consultation with the accounting advisor)

Detailed information on requirements of the concentration is available from the College of Business Graduate Programs Office.