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Advisory and Assurance Services, Master of Science

30 Credits
The Peter J. Tobin College of Business
Queens Campus, Staten Island Campus, Manhattan Campus

Overview

The Master of Science in Advisory and Assurance Services (M.S. – A.A.S.) curriculum prepares students who have career interests in internal audit, information technology audit, fraud examination, compliance audit, litigation support, risk assessment and control, enterprise risk management, controllership, and mergers, acquisitions, and reorganizations.  The program prepares students to assist an organization on meeting its business objectives.

Many business, not-for-profit, and governmental organizations are recruiting for entry level advisory staff positions in internal audit, fraud examination, information technology audit, risk assurance, compliance audit, financial examination, and other assurance professions.  The M.S. in Advisory and Assurance Services provides the needed competencies for those roles.  These positions do not require the applicant to be an accountant, but they do require an understanding of the knowledge and skills necessary to be an advisory and assurance professional.  Undergraduate business majors and computer science majors can obtain employment as assurance professionals, if they have the appropriate educational background.  

Advisory and assurance professionals recognize the need to assist their clients in managing strategic, financial, operational, technological, reputational, and regulatory risk to maximize their stakeholder value.  Our graduates are prepared to address events that disrupt operations, hinder an organization from reaching its strategic objectives, and determine financial value.  While the curriculum is intended to provide rigorous academic and applied content, students will find the competencies helpful in the preparation for the following professional examinations: Certified Internal Auditor (CIA), Certified Government Auditing Professional (CGAP), Certified Financial Services Auditor (CFSA), Certification in Control Self-Assessment® (CCSA®), Certification in Risk Management Assurance (CRMA), Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT) Certified in Risk and Information Systems Control (CRISC), Certified Fraud Examiner (CFE), Certified Management Accountant (CMA), and many more. 

Concentrations and Endorsements

The one-year, 30-credit Master of Science in Advisory and Assurance Services program is offered on our Manhattan, Queens, and Staten Island campuses. The Master of Science in Advisory and Assurance Services enables students to select from a wide range of concentrations, such as, internal auditing, risk advisory services; information systems’ audit and control; enterprise risk management; forensic accounting and fraud examination; and compliance auditing. The program and concentrations have been endorsed by such professional organizations as the Institute of Internal Auditors (IIA) through its Internal Audit Educational Partnership (IAEP), the Association of Certified Fraud Examiners (ACFE); the Institute of Management Accountants (IMA); and the Association of Certified Chartered Accountants (ACCA). The Information Systems Audit and Control Association (ISACA) has recognized the program as aligned to its model curriculum; and the Department is recognized by the New York State Society of Certified Public Accountants. The program is separately accredited by the AACSB-International and is one of 187 universities world-wide that has achieved that distinction.

Other Graduate Degree Programs

Other graduate programs offered by the Department of Accounting and Taxation  include the Master of Business Administration in Accounting, the Master of Science in Accounting, the Master of Science in Enterprise Risk Management and a Master of Science in Taxation.  In conjunction with the School of Law we offer special combined degree programs leading to a Juris Doctor (J.D.) degree and an M.B.A. degree in accounting.

Courses

Recommended Curriculum: M.S.-A.A.S.

I. Professional Curriculum (9 credits)
ACC 628 Internal Auditing
ACC 624 Information Technology Auditing
ACC 660 Fraud Examination I

II. Advisory and Assurance Electives (select 18 credits or 6 courses)
ACC 605 Internship in Advisory, Assurance and Attest Services
ACC 626 Forensic Accounting Principles
ACC 661 Fraud Examination II
ACC 662 Accounting Information: Governance and Audit
ACC 663 Accounting Information: Systems’ Development and Operations
ACC 664 Accounting Information: Cyber-Security Processes
ACC 665 Accounting Information: Protection of Assets
ACC 666 Accounting Information: IT Risks and Controls
ACC 667 Accounting Information: Enterprise Resource Planning
ACC 668 Accounting Information: Analytics and Forensics
ACC 685 Advanced Internal Auditing
ACC 686 Developing and Managing the Internal Audit Function
ERM 601 Foundations of Enterprise Risk Management
ERM 602 Operational Risk Management
ERM 603 Culture, Leadership, and Governance Risk
ERM 705 Strategic Risk Analysis and Tools

III. Capstone Course (3 credits)
ACC 625 Accounting Ethics and Professionalism

Opportunities

The admission requirements to the M.S.-A.A.S. permit you to substitute the results of that uniform CPA Examination in lieu of the GMAT, if you have successfully completed that examination or an equivalent examination,.  For Licensed CPAs, the advisory and assurance courses taken during your studies will fulfill your continuing professional education (CPE) requirements while you earn your graduate degree.  If you have an undergraduate degree in accounting, you can use the M.S.-A.A.S. degree to meet the 150-hour requirement for CPA licensing in New York State.