Master ofProfessionalAccountancy(MPAc)Program[PRESENTER NAME]School of BusinessAdministration
The Road to Becoming a CPA:The Education Requirements Three groups/three pathways: Students graduating during 2011 Students graduating during 2012 Students graduating after 12/31/2012 or who cannot complete the requirements before 1/2/2014
Graduating During 2011:“The Old Rules”You Might Be Able to Follow Pathway 1 or 2PATHWAY 1 PATHWAY 2Bachelor’s degree Bachelor’s degree120 semester-units of coursework 150 semester-units of coursework24 semester-units of accounting 24 semester-units of accounting24 semester-units of business- 24 semester-units of business-related subjects related subjectsPass all parts of the CPA exam Pass all parts of the CPA examTwo years of general accounting One year of general accountingwork experience work experiencePass an online ethics class Pass an online ethics class
Graduating During 2012:PATHWAY 1 PATHWAY 2**Goes away effective 1/1/14 Bachelor’s degreeYou likely won’t be able to 150 semester-units of courseworkcomplete the 2 years 24 semester-units of accountingof work experience 24 semester-units of business- related subjects Passing the CPA exam One year of general accounting work experience*** Pass an online ethics class** Pathway 2 will work only if you can complete everything and submit it priorto 1/1/2014. If you cannot, you will have to meet the new requirements.*** Candidates likely will NOT qualify for the “attest” license prior to 1/1/2014.
IS WHEN THE CPA LANDSCAPE CHANGES• There is increased demand for CPAs with additional education due to globalization, revolutions in technology, increased regulation and consumer protection.• Effective for years after 2013, California will require a baccalaureate degree plus 30 additional semester hours to become a licensed CPA.
Graduating During 2012/Unable toMeet Requirements by 1/1/2014:THE ONLY PATHWAY NOTES:Bachelor’s degree150 semester-units of total coursework30 semester-units of accounting Increase of 6 units38 semester-units of business-related subjects Increase of 14 units10 semester-units of ethics-related coursework New requirementPass all parts of the CPA examOne year of general accounting work experiencePass an online ethics class
IS OUR VISIONThe MPAc program at UCR fulfills the growingdemand for qualified CPAs with education beyondthe baccalaureate degree.“LOOK BEYOND 2013, BE PREPARED FOR 2020”
WHY the MPAc at UCR? Prepares accounting students with the “20/20 vision” needed to succeed in the year 2020. As part of the University of California system, we are committed to quality business education in a world-class research university. Influential UCR business alumni at international accounting firms who recruit and support UCR students.
TOP-NOTCH FACULTY & STAFF Learn from accounting, auditing & assurance scholars and practitioners with unmatched academic credentials among international leaders. Dedicated staff to aid you through the entire process, from application to graduation. Career Services.
DISTINGUISHED FACULTY INCLUDE: MICHAEL MOORE Professor of Accounting • Co-author of “U.S. Tax Aspects of Doing Business Abroad” • Recipient of 2011 Distinguished Service Award (California Society of CPAs Inland Empire chapter) for research in tax policy and international taxation • Member of State Board of Accountancy committee that determined new accounting education CPA license requirements TED MOCK Distinguished Professor of Audit & Assurance • 2011 Outstanding Accounting Educator (American Accounting Association) • Enlisted by Public Company Accounting Oversight Board (PCAOB) in 2011 to address ways to improve auditor’s reporting model
THE RIGHT LOCATION • Only 1 hour to the beach, 1 hour to the mountains, and 1 hour to the desert. • Inland Southern California is one of the fastest growing and fastest changing regions in the world, with more people and greater diversity than many U.S. states. • It is also one of the most important distribution hubs in the world.
CURRICULUM1 Year, Full-Time 48 Units Electives include: Management 5 Required Courses Internet Retailing & e-Commerce 9 Recommended Information Systems & Supply Electives Chain Management Finance & Economics 65 Elective Marketing Opportunities
APPLICATION REQUIREMENTSAll Applicants Application fee Additional requirements for Online application International Applicants: Statement of purpose Official TOEFL or IELTS scores Personal statement of history Financial statement 2 sets of official transcripts Transcripts (in original language, plus translation) 3 letters of recommendation Official degree certificate Résumé Official GMAT or GRE scores
ADMISSIONS PROCESS Print out the International/Domestic Application Checklist Fill in the online application form Pay your application fee Submit the required application documents* Admission open for fall quarter only* Not all application requirements are necessary to submit yourapplication. Transcripts, letters of recommendation, and official scoreresults may arrive after submitting the online application.
PROGRAM RESOURCESContact the MPAcProgram firstname.lastname@example.org (951) 827-6202MPAc Program Website agsm.ucr.edu/mpac