2015 CPA Pass Rates

2015 ranked 40th of 821 institutions of 10 or more candidates first-time all programs in the TOP 5% OF U.S. Overall pass rate = 75% compared with the U.S. average pass rate of 55%; ranked 9th in the 266 institutions of 21 – 60 candidates

Class of 2015 Placement Data

The class of 2015 reported a 100% placement rate

MAcc Career Opportunities

Audit

  • Auditors evaluate the validity of companies’ financial statements, and ensure these statements have been prepared and reported accurately. Internal auditors provide the board, audit committee, and executive management with an analysis of the corporation’s risk management, control, and governance processes. External auditors assure investors and creditors that audited corporations’ financial statements are accurate and in accordance with accounting laws.

Tax Accounting

  • Tax accountants prepare tax returns and create tax strategies for both individuals and corporations. When working with corporate clients, tax accountants focus on the U.S. corporate income tax return, form 1120; when working with individual clients, they focus on form 1040. Other issues that tax accountants help clients with include determination of taxable income, determining the applicable tax rate, recording appropriate deductions, and computing deferred tax credits and liabilities.

Managerial Accounting

  • Managerial accountants use accounting information to help managers make day-to-day and short-term decisions. The practice extends to three areas: strategic management (advancing the role of the managerial accountant as a strategic partner), performance management (developing the practice of business decision-making and managing the performance of the organization), and risk management (identifying, measuring, managing, and reporting risks to the achievement of the organization).

International Accounting

  • International accountants are concerned with applying accounting principle practices in different countries. This encompasses patterns of accounting development overseas, international and regional harmonization, foreign currency translation, foreign exchange risk, international comparisons of consolidation accounting and inflation accounting, and evaluation of foreign subsidiaries.

Public-Sector Accounting

  • Public-sector accountants help government agencies and municipalities record financial transactions on a local, state, or federal basis. In particular, public-sector accountants help track funds generated from tax revenues and expenditures related to projects. They make sure that revenues are received and spent in accordance with laws and regulations, as well as examine the records of government agencies and audit private businesses whose activities are subject to government regulations or taxation.

Financial Accounting

  • Financial accountants prepare financial statements and other financial disclosures for the companies they work for, as well as analyze the financial information of outside companies for strategic purposes; for example, to consider investing in a firm, entering a joint venture, or pursuing an acquisition. A financial accountant must be aware of current developments in accounting as well as stay abreast of changing regulatory requirements and general economic conditions. The financial information and analytical expertise of financial accountants are used by many parties to make informed decisions, such as managers and executives within firms and any outside party who desires to better understand a company’s financial condition and performance.

Examples of Companies

  • KPMG
  • EY
  • RSM (Formerly McGladrey)
  • National Life Group
  • Pricewaterhouse Coopers
  • Gallagher Flynn & Company