The Department of
Accounting & Law at the State University of NewYork at Albany
offers a concentration in Accounting Information Systems in
its one-year Master of Science in Accounting Program. This
concentration prepares the students for positions in the emerging
practices in the accounting and consulting professions variously
described as Information Systems Auditing, Computer
Assurance Services, Information Systems consulting, Information
Systems Risk Management, and Computer Risk Management Services.
The one-year program
is available to students who hold a Bachelor's Degree with a major in
Accounting (or in Business with an Accounting minor), who wish to
enter the practices described above. M.S. Program in Accounting is
registered by the Division of Professional Education of the State
Education Department of New York, and is fully accredited in
Accounting by the American Assembly of Collegiate Schools of Business
The M.S. Degree in
Accounting with a concentration in Accounting Information Systems
consists of 30 credits of coursework (ten courses). Five of those
courses provide the student a broad perspective on the environment
(Economic, tax, financial) in which accounting operates. The other
five courses in the Accounting Information Systems concentration
provide a rigorous foundation in all aspects of accounting information
systems including their analyses, design, implementation, maintenance
and audit. The courses are heavily computing oriented, project-based
- The students
get in-depth exposure to at least one operating system, several
programming & scripting languages, software engineering tools,
and database management systems.
- The students
get hands-on experience in developing audit programs for
applications as well as operating systems. They also get in-depth
exposure to latest technologies such as data networking, EDI, and
- The courses
in the concentration involve considerable programming,
report-writing, developing systems documentation, and oral
the students get positions in large international firms of
accountants and consultants in their specialized practices.
They also often take the Certified Information Systems Auditor (CISA)
and Certified Public Accountant (CPA) examinations immediately on graduation in
May-July. While the program is not intended to prepare the students for the
certification examinations, during the past two years, every student taking
the CISA examination has passed on the first attempt without
taking any separate review courses.
During the past two years, the program has attracted students from
US, Canada, Germany, Japan, Korea, Taiwan, Mainland China, Russia,
and Armenia. The prior education of the entering students in the program
includes universities from around the world including
universities such as Cornell University, Yale University, Columbia University,
McGill University (Canada), and Cambridge University (UK).
Their prior education has been in diverse fields including accounting,
business, law, economics, computer science, psychology, chemistry, journalism,
engineering, and agriculture.
must have a Bachelor's degree with a major in Accounting, or in
Business with a minor in Accounting. In other cases, the deficiencies
will need to be made up prolonging the program beyond the one year. There are no specific
requirements in terms of computing background apart from basic
familiarity with personal computers. GMAT scores, however, are
Master of Science in
Accounting with an Information Systems Emphasis is an intensive one
year program in which the students constantly work under faculty
supervision in groups on projects. The class sizes are kept small to
achieve the following guiding principles of the program:
Program Computing Facilities
The concentration in
Accounting Information Systems is supported by the Arthur Andersen
Graduate Laboratory for Accounting Information Systems, housed in
the Department of Accounting & Law. This laboratory also supports
the doctoral students in Information Science who minor in Accounting
The hardware in this
state-of-the-art laboratory includes a Sun Enterprise Server 450 (with
256 MByte memory, 38gB storage), an IBM Netfinity 5500 Windows 2000
Server (128mB memory, 20gB storage) serving as the primary domain
controller (with an IBM Netfinity 3000 serving as a backup domain
controller), two additional IBM Netfinity 3000 Windows NT servers, Sun
Sparc and UltraSparcII Solaris workstations, 12 Pentium II and III
class PCs in the Windows NT environment (8 IBM PC 300GLs, and other
Pentium II machines), and an HP4000 Postscript network printer. The
equipment in the laboratory, a part of the unix cluster at the State
University of New York at Albany, can via ethernet, access the Novell
network in the School of Business and all the mainframe environments
at the University.
available in the laboratory includes database management systems
(Relational & Object-Relational: Oracle, DB2; Object-Oriented:
ObjectStore), Webservers (Java Webserver, Internet Information Server,
Oracle webserver), Web applications servers (Silverstream server, IBM
WebSphere, Bluestone Sapphire server, Oracle application server), IDEs
(IBM Visual Age Java, Sun Java Workshop & Studio, InPrise
JBuilder), CASE tools (Paradigm Plus, ERWin, Oracle Designer 2000,
Oracle Developer 2000, IBM Visual Warehouse), Datamining software (IBM
Intelligent Dataminer, Weka), PC X-servers (XWin-32), text
analysis/retrieval software (TextAnalyst, InQuery, SMART, etc.), among
others. In addition, the workstations in the Laboratory have access to
the wealth of software in the unix cluster including languages (C/C++,
lisp, prolog, java, Fortran, Perl, Python, etc.), typesetting
(TeX/LaTeX, troff, etc.), unix tools (awk, sed, yacc, lex, etc.), and
statistical/mathematical software (SPSS, SAS, SPlus, Maple, Lisrel,
Minitab, etc.). Access is also available for databases such as Lexis
The Department of
Accounting & Law is in the academic alliance programs of IBM,
ORACLE, Informix, Bluestone, Network-1, and Silverstream.
of the Accounting Information Systems Courses
details, please see the University Catalog).
Acc 681 Accounting Information Systems (3 Cr)
cycles and structured analysis & design of accounting
information systems. Object-Oriented analysis & design of
accounting systems with emphasis on internal controls. The course
will involve designing & programming of an accounting system
using CASE (Computer Aided Software Engineering) tools.
Acc 512 or equivalent.
682 Analysis & Design of Accounting Databases (3 Cr)
- Basics of
relational database theory in the accounting context. Semantic
modeling of accounting data including the REA model. Use of CASE
tools for the analysis, design & documentation of accounting
databases. Languages for retrieval of information from accounting
databases. Controls in accounting databases.
Acc 681 and Acc 512 or equivalent. Intended to be taken
concurrently with Acc 681.
- Acc 661
Auditing of Advanced Accounting Systems (3 Cr)
- Auditing of
modern complex accounting information systems. General &
application controls and the design & development of generalised
audit software. Auditing of operating systems and database
management systems. Privacy & security of data in accounting
systems. Audit of on-line systems.
and Acc512 or equivalent.
683 Advanced Topics in Accounting Information Systems (3 Cr)
relating to emerging technologies that affect accounting and
auditing practice, including topics such as expert systems in
accounting & auditing, groupware systems for auditing, retrieval
of audit data.
Prerequisites: Acc 681 and Acc 682.
680 Research Seminar in Accounting (2-3 Cr)
reading and research on an approved topic of special interest in the
student's field of concentration; a comprehensive report and an oral
details, please see the University Catalog).
- Eco 506
Economic Analysis and Policy (3 Cr)
of selected topics in micro and macroeconomic theory to monetary,
fiscal, pricing, and regulatory policies. Designed for graduate
students in allied social sciences and business who have completed
at least one year of basic economics.
- Fin 635
Corporate Financial Problems (3 Cr)
- Case studies
of structural topics such as long-term financing arrangements,
recapitalizations; reorganizations; and mergers, acquisitions, and
spin-offs; and of operational problems such as capital budgeting,
dividend and reserve policies, pension funds, executive
compensation, and relationships with investors and professional
Fin 580 or 6 credits of finance at the undergraduate level.
- Acc 542
Income Taxation of Corporations, Partnerships, and Estates (3 Cr)
dimensions of corporate taxation, and the theory and practice of
taxation as applied to partnerships and fiduciaries.
3 credits of tax accounting.
- Acc 522
Statistical Analysis for Business Decisions (3 Cr)
coverage of sampling techniques for decision making. Includes simple
random sampling, stratified sampling, cluster sampling, treating
unequal clusters, area sampling, imperfect frames, questionnaire
design, and field operations.
Msi 220 or Mat 108 or equivalent.
- Acc 611
Contemporary Developments in Accounting Thought (3 Cr)
accounting theory. Structures accounting thought and interrelates
the pronouncements of the AICPA and American Accounting Association
with authoritative writings in the journals.
Acc 312 or equivalent.
(Aerospace Engineering) (Indian Institute of
(Business Administration) University of Kansas,
Associate Professor of
Home Page: https://www.albany.edu/acc/faculty/dutta.html
(Accounting) State University of New York at
Lecturer of Accounting
Home Page: https://www.albany.edu/acc/faculty/fisher.html
Com., (Statistics) University of Bombay,
Graduate Diploma in Management, (Operations Research)
Indian Institute of Management,
(Business Administration) University of
Associate Professor of Accounting
and of Management Science & Information Systems
Phone: (518) 442-4949
Home Page: https://www.albany.edu/acc/gangolly/
Science) University of Massachusetts at Boston
University of Massachusetts at Boston
(Accounting) University of Connecticut
Certified Public Accountant.
Home Page: TBA
You may request
application materials by filling-in our
request form on-line. For further information , application
materials, etc. please contact:
Ms. Lisa Scholz
of Accounting & Law
School of Business
State University of
New York at Albany
Albany, NY 12222.
FAX: (518) 442-3944
Updated on June 30,
2000 by Lisa