Implementing Activity


The Term Paper is an opportunity for you to conduct research and explore in depth an issue pertinent to the role of an accountant in your chosen area of interest. The objective of the Term Paper is to research, evaluate, and propose practical applications of the concepts you learned from many courses and from your chosen area of interest in your MSAC degree program. Accordingly, you will be able to choose a topic from any of the following broad areas.

  • Financial accounting and reporting
  • Governmental accounting and reporting
  • Nonprofit accounting and reporting
  • Managerial accounting
  • Auditing—public
  • Auditing—internal
  • Taxation
  • Fraud
  • Other topic from a course that you took in your MSAC program

Although the topic areas are fairly open-ended, it is expected that your paper will document theoretical underpinnings as well as practical implications. Suppose, for example, your interest is in auditing for fraud. An ideal paper would include not only a discussion of why fraud occurs but also recommendations for a business or other entity to guard against fraud. Hence, a deeper discussion of internal control procedures and the role of internal and external auditors would be appropriate. In effect, both the why and how of implementing relevant tools, technologies, process, procedures, and policies would need to be addressed.


Select your topic problem statement. Prepare a one-page summary (double-spaced) describing your topic proposal problem statement. You should discuss your overall topic along with three to five areas you plan to analyze and how you plan to approach your research on this topic. Your problem statement should also explain how the topic fits with the course, the degree, and your focus area. Submit your topic proposal problem statement no later than midnight Sunday at the end of Week 1. Your professor will review and approve your topic and provide additional feedback and comments on your topic proposal.

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