the mpac program at ucr

Master of ProfessionalAccountancy(MPAc) Program[PRESENTER NAME]

School of Business Administration

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 2

PATHWAY 1 PATHWAY 2

Bachelor’s degree Bachelor’s degree

120 semester-units of coursework 150 semester-units of coursework

24 semester-units of accounting 24 semester-units of accounting

24 semester-units of business-related subjects

24 semester-units of business-related subjects

Pass all parts of the CPA exam Pass all parts of the CPA exam

Two years of general accounting work experience

One year of general accounting work experience

Pass an online ethics class Pass an online ethics class

Graduating During 2012:PATHWAY 1 PATHWAY 2**

Goes away effective 1/1/14 Bachelor’s degree

You likely won’t be able to 150 semester-units of coursework

complete the 2 years 24 semester-units of accounting

of 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 prior to 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 to Meet Requirements by 1/1/2014:THE ONLY PATHWAY NOTES:

Bachelor’s degree

150 semester-units of total coursework

30 semester-units of accounting Increase of 6 units

38 semester-units of business-related subjects Increase of 14 units

10 semester-units of ethics-related coursework New requirement

Pass all parts of the CPA exam

One year of general accounting work experience

Pass an online ethics class

IS OUR VISION

The MPAc program at UCR fulfills the growing demand for qualified CPAs with education beyond the 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 & STAFFLearn 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.

MICHAEL MOOREProfessor 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 MOCKDistinguished 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

DISTINGUISHED FACULTY INCLUDE:

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 Units5 Required Courses

9 Recommended Electives

65 Elective Opportunities

Electives include:Management

Internet Retailing & e-Commerce

Information Systems & Supply Chain Management

Finance & Economics

Marketing

APPLICATION REQUIREMENTSAll Applicants

Application fee

Online application

Statement of purpose

Personal statement of history

2 sets of official transcripts

3 letters of recommendation

Résumé

Official GMAT or GRE scores

Additional requirements for International Applicants:

Official TOEFL or IELTS scores

Financial statement

Transcripts (in original language, plus translation)

Official degree certificate

ADMISSIONS PROCESSPrint 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 your application. Transcripts, letters of recommendation, and official score results may arrive after submitting the online application.

PROGRAM RESOURCESContact the MPAc Program

mpac@ucr.edu

(951) 827-6202

MPAc Program Websiteagsm.ucr.edu/mpac

THANKYOU