3/19/2023 0 Comments Rutgers maccy program> Read our analysis: “The ROI of the Master of Accounting Degree for Working Professionals”įor anyone considering a business-related master’s degree, here are the four main differences between an M.Tax and a MAC degree.Ī Master of Taxation degree prepares people to work on both the theoretical and technical aspects of taxes, usually for businesses and other large organizations. But typical M.Tax recipients will spend most of their careers focused just on taxes, a MAC degree gives you many more options. So that view of accountants as tax specialists does help bring the difference between a Master of Taxation (M.Tax) degree and a MAC degree into focus.Ī Master of Accounting will qualify you to take on tasks that require consulting or auditing skills, in addition to tax know-how.īoth degrees will can help you become a tax pro - especially for businesses. They’re also familiar with the highly regulated world of financial accounting, know how to conduct audits and are equipped to function as consultants, analysts, and creative decision makers. In addition to tax expertise, those who’ve earned Master of Accounting (MAC) degrees have additional knowledge. It’s not a bad portrayal of accountants, but it’s not the whole picture. When you think of accountants, do you imagine someone poring over tax returns and figuring out ways to help their clients legally pay the taxes they owe and only what they owe?
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