Summer Boot Camp

What is Boot Camp?

To help students who did not major in accounting as undergraduates complete the prerequisite courses, we offer a series of intensive classes that prepare them for the MAcc academic year. The same outstanding faculty who teach MAcc academic semester long courses also teach the boot camp. Therefore, we strongly recommend that you satisfy the prerequisites within the William & Mary boot camp.

Accounting Prerequisite Courses

BUAD 380 - Principles of Accounting

3 Credits

An intensive and accelerated study of the use and preparation of financial information and the accounting system as an interpretative tool to communicate information about a variety of economic events to both internal and external users. Topics covered include the preparation and interpretation of financial statements for external users as well as managerial uses of accounting data, cost analysis, budgeting and performance evaluation. This course is open only to students accepted into the Master of Accounting Program

BUAD 381 - Intermediate Financial Accounting I

3 Credits

An intensive and accelerated study of the financial reporting environment: evaluating the quality of the reported information, analyzing reporting choices, and assessing the role of financial information in resource allocation decisions. Topics traditionally included in intermediate accounting are covered by analyzing key business transactions on the financial statements and measures of performance evaluations such as profitability, competitiveness, and leverage. This course is open only to students accepted into the Master of Accounting Program.

BUAD 382 - Intermediate Financial Accounting II

3 Credits

An advanced and accelerated study of topics in financial reporting that are traditionally considered in intermediate accounting. Reporting issues related to topics such as pensions, stock options, and deferred taxes are considered with reference to original source materials and accounting research. This course is open only to students accepted into the Master of Accounting Program.

BUAD 383 - Intermediate Cost Accounting

3 Credits

An intensive and accelerated study of cost and managerial accounting topics that provides students with a thorough understanding of the tools necessary to understand and analyze internal data on costs and profitability, with an appreciation of the broader context in which accounting information is produced and utilized. The course studies cost behavior, cost accounting methods, cost allocations, cost and profitability analysis, and budgeting. This course is open only to students accepted into the Master of Accounting Program.

BUAD 384 - Audit & Internal Controls

3 Credits

An intensive and accelerated study of auditing and internal controls: Application of technology, modeling, statistics and other auditing procedures within the framework of generally accepted auditing standards. Reporting, ethics, international practices and case applications are emphasized. This course is open only to students accepted into the Master of Accounting Program.

BUAD 385 - Introduction to US Federal Income Tax

3 Credits

An intensive and accelerated study of the U.S. federal income tax system. Emphasis is placed on awareness of federal income tax concepts and laws, identification of tax issues, tax planning techniques, and communication of creative solutions to tax problems. This course is open only to students accepted into the Master of Accounting Program.

Students who have taken the above-listed boot camp courses in the past have found the experience to be demanding, but quite rewarding. The group that goes through this experience together develops a camaraderie that carries forward into the academic year and throughout the program. 

In addition, boot camp students have a chance to meet some of our recruiters in more casual settings during trips to Richmond, Virginia and Norfolk, Virginia. The boot camp is designed to ensure that our students - regardless of their educational background - have the opportunity to expand their knowledge of the accounting world and start meaningful careers.

What is the Cost?

The cost for each 3-credit hour course during the summer of 2017 is $3,600 for out-of-state residents, and $2,400 for in-state students. 

Credits

Students participating in the boot camps will receive credits for the courses they complete. These credits fulfill the prerequisite requirements for the MAcc Program and with the exception of Principles of Accounting, also qualify as credits required to sit for the CPA exam in any state.