Terms and Conditions for Students Entering the Executive Master of Accounting with a Concentration in Forensic Accounting Program
Please Note: This document only becomes effective upon written notice that you have been admitted to the Executive Master of Accounting with a Concentration in Forensic Accounting Program, and you have paid the $200 deposit fee. You must first complete the FAU Graduate College Application, pay of the FAU $30 application fee, and meet all normal admission requirements. Please be sure to read this document; it contains information about courses, fees, academic responsibilities, and other issues important to you starting in the program.
The Executive Master of Accounting with a concentration in Forensic Accounting (XFOR) is a 2-year online degree program. This program is the oldest program of its kind in the United States and is offered by the School of Accounting Executive Programs (SOAEP), a department in FAU's AACSB-accredited and nationally recognized College of Business.
The program is labeled as an "executive program," which means that it is designed primarily to accommodate working professionals, who have a strong sense of direction, understanding of their personal and career goals, and have the maturity to decide for themselves how participating in the program will further those goals.
Right of admission is limited. Students meeting minimal criteria are not guaranteed admission into the program. All admission decisions are at the discretion of the School of Accounting Executive Programs. Successful completion of the XFOR program leads to a Master of Accounting degree. Diplomas and transcripts, including their specific format and notation of the concentration, are awarded and published according to University-wide policies at the time of graduation.
The remainder of this document (henceforth referred to as "Terms and Conditions") explains additional Terms and Conditions for Students Entering the Executive Master of Accounting with a concentration in Forensic Accounting Program.
This document does not guarantee an admission to the program.
Since this is a graduate program in an AACSB accredited College of Business, you are expected to learn the materials and acquire the skills that would be expected in any reputable graduate program. We also expect the utmost academic honesty from every student.
In your first semester in the program, it is especially important that you get off to a good start. To achieve this goal, you must have a fairly new and reliable computer (one purchased in the last couple of years) and Internet connection. For example, some of our instructors require that you have a working web cam and the ability to record video. You cannot afford to have problems with your computer, Internet connection, or web cam after the semester starts. You must be ready before the semester begins. We cannot overemphasize the importance of this point. Our experience has shown that if you are not ready before classes begin, you will likely end up getting behind and becoming very frustrated.
The online components of the courses tend to have requirements that must be completed every week throughout the term, so you cannot afford to miss entire weeks because of technical problems. It is extremely important to have Internet access every week of the semester.
NORMAL COURSE LOAD
Students beginning the program in the fall normally take course loads as follows: fall semester - two courses, spring semester - no courses (tax season), and summer semester - two courses. Foundation courses are scheduled according to demand. Any deviations from the normal course load require written approval from the Academic Director of the program.
For students who wish to earn an additional concentration (Business Valuation), three extra courses will be added to their curriculum. These courses will be taken in the order determined by the advisor, depending on student’s progress and his/her overall program GPA. For details, please contact the SOAEP advisors.
BUSINESS FOUNDATION COURSES
This entire section (BUSINESS FOUNDATION COURSES) applies only if, upon review of your academic record, the courses are deemed necessary by the University, College of Business, School of Accounting, or the School of Accounting Executive Programs.
You may be required to take up to two Business Foundation course(s). These courses are in addition to the normal ten courses required to complete the program. We offer these courses online.
If you are required to take both foundation courses, you will not be allowed to register for other courses during your first semester. If you do not complete the foundation courses during the designated timeframe, you will automatically receive an unsatisfactory grade and be required to repeat the courses and pay a second time. Extensions beyond the designated timeframe are not possible.
You may take equivalent courses outside of the program with the approval of the Academic Director. If you choose to take these courses outside of the program, you will be required to take a larger number of courses than indicated here, because the executive program condenses the five standard foundation courses into three courses.
All course registrations must be made only through the FAU College of Business School of Accounting Executive Programs Office. Each semester you will be provided a special College of Business School of Accounting Executive Programs registration form to complete and sign. Do not attempt to register yourself for any course (either a normal XFOR course or a Business Foundation course), unless you are specifically directed to do so. If you register yourself for any course, it will not count toward the requirements of the program.
You may not take more than the specified number of courses unless special arrangements are approved in advance. You may drop all of your classes, subject to the published policies governing withdrawal and the dropping of classes, including those policies relating to penalties and refunds. However, because program requirements and course schedules can change, there is no guarantee that you will be able to make up dropped or missed courses at a later date.
Prior to attending classes, a student must set up an arrangement to pay tuition including, but not limited to, acceptance of a financial aid award; acceptance of a tuition deferment for pending financial aid; third party billing; or payment under the Installment Payment Plan. Florida statutes do not allow FAU to register any individual who owes debts to the University.
The registration form for each semester will contain the payment due dates and drop/withdrawal deadlines.
TUITION AND FEES
The XFOR tuition is $3,200 per course. The total tuition for the program is $32,000 (ten regular courses). Students whose academic history does not meet accounting and/or finance course requirements may be required to take up to two additional (business foundation) courses at $3,200 each. See the section above in which business foundation courses are discussed.
XFOR is listed by FAU as "special program" with a unique tuition rate. Included are: online resources, FAU library access (traditional and/or digital), ACFE student membership, CFE prep course, graduation materials, online fees, and university fees. Not included are: late payment fees, late registration fees, reinstatement fees, and application fees.
All tuition payments should be made online through MyFAU Self-Service.
First-semester students will pay the $200 deposit at accountinglearning.com. The deposit must be paid by the first day of class. It is not refundable, unless students are denied admission.
For payment information, including information about deadlines and refunds, please refer to the SOAEP Registration Form. Students receive these forms electronically each semester.
Tuition rates are subject to change prior to the start of each semester.
You are responsible for the total costs of your education. If you are a financial aid student, pending the disbursement of your financial aid award you must have sufficient funds to pay the initial $200, purchase textbooks, any needed computer equipment, software, and Internet access, and meet your living expenses. Financial aid awards are usually not disbursed until, at the earliest, the third week of the semester; in some cases, when there are special circumstances or problems, financial aid might not be disbursed until much later in the term. If you are a financial aid student, you will need to ensure you have sufficient funds while you are waiting for your financial aid to be disbursed.
You may (depending on your qualifications) be admitted into the program as either fully admitted, or conditionally admitted. The conditions imposed could be related either to the GMAT, GPA, or transcripts. (Please see catalog for full list of admission requirements.)
Our program requires a bachelor’s degree in any field of study and a competitive GPA in the last 60 credit hours of your undergraduate degree. In some cases the Admissions Committee may require a GMAT score prior to starting the program, or by the eighth week of your first semester. If this condition is not met, you may be dismissed from the program.
In certain cases the Admissions Committee may deem it necessary to impose a GPA condition. The condition will generally consist of maintaining a “B” or better average in all your classes in the first two (or sometimes, three) semesters. If the condition is not met, you may be dismissed from the program.
If you are admitted into the program before you graduate from your bachelor’s degree program, you will not be fully admitted until the final transcript is in the FAU system. The transcript must show the date of completion of the degree, so it is important to keep in touch with your school to make sure that the final transcript is sent to us as soon as possible.
FEDERAL COMPLIANCE NOTICE - CPA PRACTICE
Accounting is a very broad and diverse profession with many different types of practitioners, employment opportunities, career paths, certifications, specialties, and subspecialties. Within this broad and diverse profession, some individuals practice as CPAs. In order to comply with state requirements, this memo provides important information relating to practicing as a CPA.
Florida Atlantic University’s Master of Accounting and Master of Taxation online programs help fulfill the educational requirements to sit for the CPA examination and obtain a license to practice public accounting in the state of Florida and any of the states that have adopted the AICPA’s 150 credit-hour requirement. Passing the CPA examination is the minimum requirement in all states in order to become a licensed Certified Public Accountant. Additional requirements not related to your education, such as background checks and work experience, may apply.
Students from New York may have to undergo a more rigorous review of their educational record because Florida Atlantic University’s School of Accounting, while a part of a College of Business that is accredited by the Association for the Advancement of Collegiate Schools of Business (AACSB), has not undergone separate School of Accounting AACSB accreditation. In the past, some of our New York students have had a course-by-course evaluation of their relevant coursework performed, which has allowed them to meet New York requirements.
Florida Atlantic University strongly recommends that students inquire with the New York Board of Public Accountancy to ascertain all of the requirements for licensure, not just those relating to the Certified Public Accountant examination. Such requirements may include, but are not limited to, post-graduation examinations or experience, background checks, fingerprinting requirements, etc. For more information, please contact the New York Board of Public Accountancy through their website http://www.op.nysed.gov/prof/cpa/.
Please note that licensure requirements are always subject to change. We strongly recommend that you inquire with your State Board of Accountancy to confirm that you understand and will meet the requirements for licensure before enrolling in the program. Additionally, prospective students should note that licensing requirements vary by state and that relocating during the course of a program could affect whether the student will meet eligibility requirements for licensure. Students should inquire with the licensing board of the state where he or she desires licensure before relocating to ensure that he or she will eligible for licensure or reciprocity. For information regarding specific state requirements, please see https://nasba.org/stateboards/.
By joining the program you assume full responsibility for the choice you make. Any advice or information that you have received or may receive from any FAU-related web site, the faculty or staff members regarding the suitability or fitness of the program (or courses) for any purpose, strictly represents the personal opinions of the person or persons giving the information or advice. Further, you agree to hold harmless the faculty, staff, and FAU for any errors or admissions made in any advice or information published or given to you. Moreover, you warrant that you have the knowledge and maturity, and have done your own independent research, so that any errors in omissions in any advice or information that you might receive from the FAU web sites, faculty, and staff would not adversely affect any decision that you might make relating to your joining or participating in the program in any way. Finally, you understand that we explicitly disclaim any responsibility for any opinions or advice that you might receive from FAU-related web sites, the faculty, or staff, or correspondence, or advertisements of any kind, regarding the ability of the program or any of its courses to help you obtain work, a job, income, professional recognition, any type of professional certification, or even personal satisfaction. The faculty, staff, websites, and advertisements may express opinions regarding these things, but opinions can be and often are wrong, and it is possible that you can misunderstand opinions and advice. Accordingly, you assume the full risk of any possible misunderstandings or errors in opinions, advice, published materials, web sites, or correspondence regarding any things that may directly or indirectly relate to your decision to join or participate in the program in any way.
All policies and procedures are subject to change at any time without prior notice, and in the event of any conflict between any policies stated here and general University policy, College of Business policy, School of Accounting policy, or School of Accounting Executive Programs policy, the policy of the greater governing authority will prevail. University policy and/or School of Accounting policy and/or College of Business policy will also govern any omissions of any polices stated here, including but not limited to those relating to dishonored checks and "fee liabilities." Consult the FAU web site and published University catalogs for additional information. The offering of all courses is subject to state and University budgeting and the availability of sufficient funds and staff.
Students are required to keep abreast of any changes posted to the University catalogs, the FAU web site (www.fau.edu), or relevant information made available to our students by the School of Accounting, the Executive Master of Accounting with a concentration in Forensic Accounting Program, the College of Business, or the University as a whole. Students agree to abide by all Executive Master of Accounting with a concentration in Forensic Accounting, School of Accounting, College of Business, and FAU policies and procedures. All such policies and procedures are subject to change without prior notice.
ACCURACY AND TIMELINESS OF INFORMATION PROVIDED BY YOU
Providing materially inaccurate information (as determined by the Admissions Committee) may result in denial of admission, cancellation of registration, denial of future registrations, imposing of either the GMAT or GPA condition (or both), or dismissal from the program.
Very important: If you have any doubts at all about your satisfying the competitive GPA and regionally-accredited bachelor's degree criteria, then it is very strongly recommended that you completely resolve any transcript-related issues with us by the last date to withdraw without a full fee liability or before you sign this document if you sign it after the last date to withdraw without a full fee liability. This will protect you from losses of fees in the event that we are unable to obtain your official transcripts, or you do not satisfy the GPA/Degree requirements.
If you are unable to resolve your transcript-related issues with us in writing by the last date to withdraw without a full fee liability, then you may want to consider withdrawing by that date to protect yourself against a loss of fees. Then, if you subsequently do resolve your issues, you can petition for reinstatement, subject to certain penalties and late fees. You assume any risk of problems associated with unresolved transcript-related issues that may occur after the last day to withdraw without a full fee liability. The best way to avoid any problems is to immediately request that all your official, unopened transcripts be sent directly to our office.
I have read and accept these Terms and Conditions relating to my entry into the Executive Master of Accounting with a concentration in Forensic Accounting Program. I understand that FAU, the Program, and the staff cannot be responsible for any representations regarding the program.
I also understand that this Terms & Conditions form will not be considered valid unless signed, accompanied by a FAU graduate application, a $30 application fee, a $200 deposit, and that all normal FAU admission requirements and processes apply, including verification of official transcripts.