The John T. Steed School of Accounting is one of a select number of accounting programs accredited by the Association to Advance Collegiate Schools of Business (AACSB), providing quality assurance of a business education meeting the highest standards of excellence.
Our passionate faculty are expert accountants and innovative thought leaders. They will challenge, collaborate, and inspire you while supporting your preparation for the CPA Exam.
Earning a MAcc degree prepares graduates for mid to top-level executive positions in corporate settings. Approximately 14% of Accountant and Auditor roles in the U.S. show a preference or requirement for a master's degree, correlating with a $10,000 higher median salary in these advertised roles.1
Graduating from the Price College of Business at the University of Oklahoma offers networking opportunities with thousands of graduates in accounting companies worldwide.
Applicants seeking direct admission to the MAcc must have completed an undergraduate degree in Accounting with a minimum GPA of 3.0/4.0 from an AACSB accredited business school. If you don’t meet this requirement, please complete the contact form to discuss personalized prerequisite requirements with an enrollment counselor
Completion of the online application and payment of the application fee ($50 for domestic applicants, $100 for international applicants)
The purpose of this course is to provide the fundamentals of investment analysis. This course will place an emphasis on topics such as risk and return, asset pricing models, portfolio theory, hedge funds, behavioral finance, bond valuation, introduction to futures markets and options, and basics on financial instruments and trading of securities.
In this course, we will discuss advanced concepts of operations planning, operations functions, current operations management practices, analytical techniques related to operations management problems, and applying these concepts and techniques in practice.
This course examines the role of information technology, and its management, in supporting an organization’s (internally- and externally-focused) operations and strategies. Particular attention is given to issues associated with the funding and building of business and technology architectures to enable efficient, effective, and adaptable operational, tactical and strategic actions.
The objective of the course is to be aware and comfortable with analytical techniques used for knowledge discovery, and to understand the power and potential of these tools in business settings. Also examines illustrations and applications across different functional areas.
Designed to introduce students to advanced external auditing topics, such as how to audit internal controls, revenue, and fair value, with a special emphasis on audit data analytics. Taught using a mixture of lecture, cases, and projects. Students gain skills in platforms such as Excel, IDEA, Tableau, and others.
A study of financial accounting issues specifically directed toward oil and gas companies. Includes basic oil and gas transactions: leases, subleases, free wells, farmouts, and carried interests. This course covers accounting for acquisition costs, exploration and development costs, operating costs, joint interest costs, and revenue accounting for oil and gas companies. Field trip required. No student may earn credit for both 4563 and 5563.
A comprehensive survey of commercial transactions, including the law of sales, warranties, risk of loss, negotiable instruments, bank collections and deposits, electronic fund transfers, secured transactions and bankruptcy.
To develop a broad understanding of the different types of fraud that affect organizations, as well as to learn how and why fraud occurs. To understand the fundamentals regarding fraud prevention and detection. To learn how to conduct fraud investigations. To learn what is required of external auditors regarding fraud. The course focuses on organizational fraud (e.g. employee and management fraud).
Topics in analysis and use of general purpose financial statements for decision making, ratio analysis, credit risk, and valuation will be covered.
This course covers an overview of technical management accounting concepts. Topics will include process costing; rework and scrap costs; support costs, joint costs and byproducts; relevant costs; transfer pricing; inventory management; and performance measures.
This course introduces the process of preparing, reporting, and using financial data reported on the income statement and balance sheet. Emphasizes complex revenue and receivable transactions, such as performance obligations, long-term contracts, variable considerations, transaction pricing, and uncollectible accounts, and assesses how these transactions are reported and analyzed by external users.
This course introduces the process of measuring and reporting assets and investments. Emphasizes topics such as asset acquisition, nonmonetary asset exchange, internally generated assets, impairment, depreciation, debt investments, equity investments, and the use of derivatives for speculative and hedging purposes.
This course covers introduction to the taxation of income generally including the definition and measurement of taxable income and the recognition and taxation of gains and losses from property transactions.
This course covers the introduction to the alternate organizational forms in which businesses may be conducted, the measurement and taxation of income generated by those business forms, and the impact of organizational form choice on the owners of the business.
This course introduces the process of valuing and reporting liabilities and equities. Emphasizes topics such as private and public debt offerings, lease accounting, income tax implications, equity-based compensation, dividends, dilutive instruments, and the computation of earnings per share.
This course will develop the perspective and knowledge necessary to understand the audit process and gain basic competency in audit risk assessment and reporting.
Advanced issues related to the taxation of multi-jurisdictional operations and transactions involving corporations, partnerships, estates, and trusts, and their owners throughout the life of the entity.
Advanced issues related to the taxation of multi-jurisdictional operations and transactions involving corporations, partnerships, estates, and trusts, and their owners throughout the life of the entity.
This course expands upon topics from Advanced Accounting. Topics include the cost method of consolidation, the process of translation, remeasurement and consolidation of financial statements presented in a foreign currency, and introduction of topics such as partnership accounting, bankruptcy accounting, and SEC Reporting issues.
Surveys analysis tools available in Excel relevant to business decision-making. The objective of the course is to be aware and comfortable with analytical techniques used for knowledge discovery, and to understand the power and potential of these tools in business settings. Also examines illustrations and applications across different functional areas.
Designed to introduce students to advanced external auditing topics, such as how to audit internal controls, revenue, and fair value, with a special emphasis on audit data analytics. Taught using a mixture of lecture, cases, and projects. Students gain skills in platforms such as Excel, IDEA, Tableau, and others.
A study of financial accounting issues specifically directed toward oil and gas companies. Includes basic oil and gas transactions: leases, subleases, free wells, farmouts, and carried interests. This course covers accounting for acquisition costs, exploration and development costs, operating costs, joint interest costs, and revenue accounting for oil and gas companies.
A comprehensive survey of commercial transactions, including the law of sales, warranties, risk of loss, negotiable instruments, bank collections and deposits, electronic fund transfers, secured transactions and bankruptcy.
Examines the ethical issues encountered by, and the professional and legal obligations of, practicing accountants with the ultimate goal of enhancing ethical decision-making and behavior in the profession. Applies both ethical theories of decision-making and professional standards to real-world problems encountered across various functional areas of accounting.
To develop a broad understanding of the different types of fraud that affect organizations, as well as to learn how and why fraud occurs. To understand the fundamentals regarding fraud prevention and detection. To learn how to conduct fraud investigations. To learn what is required of external auditors regarding fraud. The course focuses on organizational fraud (e.g. employee and management fraud).
Topics in analysis and use of general purpose financial statements for decision making, ratio analysis, credit risk, and valuation will be covered.