Master of Accountancy Courses

MACC 5F91
Independent Study
Research and/or consulting project carried out in collaboration with a faculty adviser and relevant resource personnel. Development of knowledge in a specialized discipline and development of ability to apply the knowledge to particular issues and/or situations.
Restriction: open to MAcc students in the general stream.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5F91.

MACC 5N11
Co-op Placement I
Co-op work placement (4 months) with an approved employer.
Restriction: open to graduate accounting co-op students with permission of the Faculty of Business Graduate Programs Office.

MACC 5N12
Co-op Placement II
Co-op work placement (4 months) with an approved employer. Enrolment subject to approval by Program Director.
Restriction: open to graduate accounting co-op students with permission of the Faculty of Business Graduate Programs Office.

MACC 5N13
Co-op Placement III
Co-op work placement (4 months) with an approved employer. Enrolment subject to approval by Program Director.
Restriction: open to graduate accounting co-op students with permission of the Faculty of Business Graduate Programs Office.

MACC 5N81
Business Writing
(also offered as MBAB 5N81)
Emphasis on written business communication memos, letters, e-mails, reports, proposals.
Restriction: open to IMAcc students.

MACC 5N82
Business Reading
(also offered as MBAB 5N82)
Vocabulary and conventions of North American business.
Restriction: open to IMAcc students.

MACC 5N83
Business Listening
(also offered as MBAB 5N83)
Practice with business related audio/video materials. Academic note-taking skills.
Restriction: open to IMAcc students.

MACC 5N84
Business Speaking
(also offered as MBAB 5N84)
Developing oral communication skills for business meetings and presentations. Recognizing cultural differences in business practices.
Restriction: open to IMAcc students.

MACC 5N85
Strategies for Success
(also offered as MBAB 5N85)
Workshops, seminars and presentations to assist in providing international students with a smooth transition to graduate studies in business.
Restriction: Open to IMAcc students.

MACC 5N90
Co-op Training and Development
Framework for the development of learning objectives by students for individual work term(s). Includes orientation to the co-op experience, goal setting, résumé preparation, interview skills preparation.
Restriction: open to graduate business co-op students with permission of the Faculty of Business Graduate Programs Office.

MACC 5P01
Financial Accounting I
The theory and practice of financial statement preparation including the conceptual framework for accounting choices, revenue recognition and the role of financial information in contracting. Emphasis on the measurement, reporting, and disclosure of monetary assets and liabilities. Includes complex issues such as accounting for leases, pensions, future income taxes, intercorporate investments and cash flow reporting.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P01.

MACC 5P02
Financial Accounting II
Explores the theory and practice of preparing, measuring and reporting financial information for corporations. Includes essentials of financial analysis, stock valuation using accounting information, accounts receivable, inventory, capital assets, use of derivatives and other financial instruments in hedging, shareholders' equity and shareholders' rights, and inter-corporate investments.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P02.

MACC 5P05
Marketing, Operations Management, and Organizational Behaviour
Introduction to fundamental concepts in marketing, operations management and organizational behaviour as they exist in the North American business environment.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P05.

MACC 5P21
Strategic Cost Management
Identification and exploration of current and emerging issues in management accounting. Investigation and analysis of complex issues within an applied organizational setting.
Restriction: open to MAcc and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P21.

MACC 5P31
Advanced Management Accounting
Examines various advanced topics such as cost behaviours, costing systems, accounting for decision-making, planning and control, incentive and compensation systems, decentralization, and performance evaluation.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P31.

MACC 5P32
Global Tax Management and Planning
Focuses on the fundamentals of international tax principles and rules. Provides a structural framework within which international tax issues can be examined by both governments and multinational corporations. The role of treaties in international tax planning will be discussed using the Canada-US Income Tax Convention as an example. Particular emphasis will be placed on the key provisions of the OECD Model Treaty. Other topics included will be source-based taxation, related party transactions, harmful tax competition, tax avoidance measures and the role of tax havens.
Restriction: open to MAcc, MBA and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P32.

MACC 5P41
Advanced Topics in the Taxation of Corporations and their Shareholders
Technical and planning issues related to structures for conducting business and investment activities. Focus on various ownership categories, types of business operations and funding issues. Investigation of partnerships and trusts as part of a business or investment portfolio structure. Application of provisions of tax law and communication of results of research and analysis.
Restriction: open to MAcc students in the taxation stream.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P41.

MACC 5P42
Tax Research and Statutory Interpretation in Practice
Effective, efficient, tax research techniques. Development of analytical and critical thinking skills in the context of tax planning. Emphasis on development of research skills including discerning facts, locating authorities, assessing and applying authorities and communicating results.
Restriction: open to MAcc students in the taxation stream.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P42.

MACC 5P43
Tax Policy
Socioeconomic, legal and political analysis of the legislation, jurisprudence and literature of taxation. Evaluation and application of alternative tax systems and methods.
Restriction: open to MAcc students in the taxation stream.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P43.

MACC 5P44
Fundamentals of U.S. Tax
Fundamentals of the U.S. tax system relative to corporations and individuals. Focus on the structure of U.S. statutes. Particular emphasis on comparative U.S. and Canadian tax policy and implementation. Introduction to reference tools available for tax research in the United States.
Restriction: open to MAcc students in the taxation stream.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P44.

MACC 5P45
International Taxation: The Canada/United States Model
Tax implications of doing business in multiple jurisdictions. Investigation of the United States tax system and Canadian tax provisions regarding multinational investment, in-bound and outbound.
Restriction: open to MAcc students in the taxation stream.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P45.

MACC 5P51
Information Technology and Systems
Knowledge-based and decision support systems used in decision-making for support of the enterprise at the strategic and operation management levels. Conceptual foundations and techniques for decision-making, data management, modeling and model management. Fundamentals of expert systems and the acquisition of knowledge for such systems.
Restriction: open to MAcc and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P51.

MACC 5P52
E-Commerce
Basic grounding in concepts related to electronic commerce-based solutions (primarily business-to-consumer and business-to-business). Communications infrastructure supporting e-commerce, security and integrity issues. Architecture of e-commerce applications, strategic deployment of e-commerce for global competitive advantage. Design of a working e-commerce system required.
Restriction: open to MAcc, MBA and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P52.

MACC 5P53
Database Design and Management
Large-scale database projects. Includes requirements analysis, selection, functional specifications, design, testing, performance evaluation and maintenance of a database system. Design of a database system required.
Restriction: open to MAcc, MBA and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P53.

MACC 5P54
Expert Systems in Business
Conceptual foundations for building knowledge-based systems. Application of artificial intelligence, rule-based systems, other common knowledge representation techniques, knowledge acquisition methods, application of KBS in accounting systems and management. Design of a KBS required.
Restriction: open to MAcc and MBA students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P54.

MACC 5P60
Advanced Accounting Theory
Economic, ethical and behavioural foundations of accounting theory. Topics may include agency theory, efficient markets and expectancy theory.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P60.

MACC 5P61
Corporate Governance
Using examples drawn from current business practices, investigates financial reporting matters, the role and function of auditing and the board of directors, ethics, management policy and leadership. Focuses on developing critical thinking and research skills.
Restriction: open to MAcc and IMAcc students. Also open to MBA students who have previous credit in MBAB 5P01 and MBAB 5P08.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5P61.

MACC 5P91
Advanced Topics in Corporate Finance
Investigation of current topics in the world of corporate finance, both domestically and internationally. Exploration of complex issues involved with financial instruments, derivative securities, futures and international markets. Application of knowledge in a real-world environment.
Restriction: open to MAcc and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in FNCE 5P91.

MACC 5P92
Independent Study for Information Systems
Research and/or consulting project carried out in collaboration with a faculty adviser and relevant resource personnel. Development of knowledge in a specialized discipline and development of ability to apply the knowledge to particular issues and/or situations.
Restriction: open to MAcc students in the information systems stream.
Note: completion of the course will replace previous assigned grade and credit obtained in ACTG 5P92.

MACC 5Y03
Managerial Accounting
Introduction to management accounting information used to implement and guide management planning, control, and evaluation. Topics may include cost identification, cost behavior, cost allocation, and the use of various tools to analyze information for decision-making.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5Y03.

MACC 5Y04
Corporate Finance
Introduction to fundamental concepts in corporate finance as they exist in the North American business environment.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5Y04.

MACC 5Y06
The Legal and Political Environment
Introduction to fundamental concepts in business law and the political system as they exist in the North American business environment.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5Y06.

MACC 5Y07
Business Communications
Skill-based introduction to business communications. Structured case study analysis and the development of critical thinking, persuasive speaking and effective writing skills.
Restriction: open to IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5Y07.

MACC 5Y11
Integration and Analysis I
Integration of knowledge from various functional areas of accounting and the business disciplines in a professional context. Development of analytical, diagnostic, decision-making and presentation skills. Application of knowledge and formation of professional judgment in the context of practical problems presented in complex cases.
Restriction: open to MAcc and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5Y11.

MACC 5Y12
Integration and Analysis II
Continuation of integration of knowledge.
Restriction: open to MAcc and IMAcc students.
Note: completion of this course will replace previous assigned grade and credit obtained in ACTG 5Y12.