Undergraduate Prerequisite Courses

The MAC Program requires that students complete seven prerequisite courses prior to starting graduate level courses.

The admissions committee requires the completion of ACC 200 (Introduction to Managerial Accounting), ACC 210 (Concepts of Financial Reporting) and one other prerequisite class when applying to the program.  Applicants may be accepted to the program prior to the completion of all seven prerequisites, but will not be admitted to 500-level courses in the fall until all the prerequisites are completed.

These prerequisite course requirements may be met* if you have taken them at NC State or another college or university. 

Students can enroll in these prerequisite courses at NC State University through the Non-Degree Studies Program .

*ACC 310, 311, 330, 450 and MIE 305 (or their equivalents) must be taken at a four-year college or university. They can also be taken at Wake Tech Community College.

Wake Tech Community College Equivalent Classes:
NCSU        Wake Tech
ACC 200 -  ACC 121      
ACC 210 -  ACC 120
ACC 310 -  ACC 220
ACC 311 -  ACC 221
ACC 330 -  ACC 129
ACC 450 -  ACC 269
MIE  305 -  BUS 115

**International Students**

International students must take ACC 330, 450 and
MIE 305 at an accredited U.S. university.

Prerequisite Classes

ACC 200 -Introduction to Managerial Accounting (3 hrs)

Prerequisites: None
Semesters Offered: Fall, Spring, and Summer
Analysis of accounting data that are useful in managerial decision making and in the control and evaluation of the decisions made within business organizations. An introduction to basic models, financial statement analysis, cost behavior analysis and cost control procedures.

ACC 210 Concepts of Financial Reporting (3 hrs)

Co-requisites: May be taken along with ACC 200
Semesters offered: Fall, Spring and Summer
Financial reporting concepts, the accounting information generating process, reporting practices, financial statement preparation, and the interpretation and analysis of financial statements. Basic accounting principles and concepts, the accounting cycle, income measurement, and internal controls.

*ACC 310 Intermediate Financial Accounting I (3 hrs)

Prerequisites: ACC 210 with a grade of C+ or better
Semesters Offered: Fall, Spring and Summer
Measurement and reporting issues related to cash, accounts receivable, inventories, operating and intangible assets, current and noncurrent liabilities, and stockholders' equity.

*ACC 311 Intermediate Financial Accounting II (3 hrs)

Prerequisites: ACC 310 with a grade of C- or better
Semesters Offered: Fall, Spring and Summer
Theory and professional standards for analyzing and reporting financial topics beyond the balance sheet. Measurement and reporting issues related to leases, pensions, deferred taxes and cash flows are examined.

*ACC 330 An Introduction to Income Taxation (3 hrs)

Prerequisites: ACC 210 with a grade of C- or better
Semesters Offered: Fall, Spring and Summer
Basic income tax principles and procedures (including research and planning) with an emphasis on all types of entities and business transactions. Exposure to a range of tax concepts within the framework of financial reporting.

*ACC 450 Risk and Assurance (Auditing) (3 hrs)

Prerequisites: ACC 311 with a grade of C- or better
Semesters Offered: Fall, Spring and Summer
Introduction to assurance services objectives, theory, and practices. Focuses on developing skills for interpreting business strategies and identifying related business risks, describing internal control solutions to those risks, identifying evidential sources, providing assurance about those risks and controls, and designing strategies to provide assurance services about the reliability of business information.

*MIE 305 Business Law (3 hrs)

Legal principles affecting the conduct of trade related to accountants. Personal and real property; contract law; negligence and accountants legal liability; business and the Constitution.