Santa Clara University

Prospective Students

prospective students

Certificate of Advanced Accounting Proficiency


 
About

Designed for individuals with a non accounting degree, the Certificate of Advanced Accounting Proficiency (CAAP) Program fosters an intimate learning environment with high quality faculty, and grants the necessary accounting units to sit for the CPA exam. 

The Summer CAAP program consists of eight undergraduate courses that are completed in approximately 14 weeks. This is an intensive course and it is suggested that students due not have full time employment while enrolled. Classes are held Monday through Friday. Read more below.

The Weekend CAAP program consists of eight undergraduate courses that are completed in approximately nine months. Take class on Saturdays or Sundays. Classes are held at Santa Clara University. Read more below.

Summer Cohorts

The CAAP program consists of eight undergraduate courses that are completed in approximately 14 weeks. Of the eight courses, seven are required to receive the certificate (ACTG 181-187). For students who have not taken any prior accounting courses and earned a “B” or higher, or who need to refresh their understanding of basic accounting rules, we offer a 5-unit introductory course (ACTG. 180) at the start of the program. ACTG 180 is required for students who have not successfully completed any accounting courses and is highly recommended for students who have not taken university-level accounting courses in the past year. In order to waive ACTG 180 you must get permission from the CAAP Faculty Director.

Students attend class on Monday-Friday for four hours each day, in either an AM or PM session. The AM session begins at 9:00 AM and runs until 1:00 PM. The PM session begins at 3:30 PM and runs until 7:30 PM. If enrollment does not warrant two sessions, there will only be an AM session.

Students are encouraged to limit non-academic activities (e.g. work) while enrolled in the Summer CAAP program, and should anticipate six to eight hours of daily out-of-class study.

In order to successfully complete the program, students must receive a minimum overall GPA of 2.0 as well as a passing grade in each individual class. A course grade of less than C- requires a meeting with the CAAP Faculty Director to obtain permission to continue in the program. Two grades of less than C- will result in automatic dismissal from the program. Those who successfully complete the program will earn a Certificate of Advanced Accounting Proficiency from Santa Clara University.

Please note: Priority consideration will be given to students who enroll in the entire certificate program (Actg. 181-187). Individuals who can demonstrate the need for specific accounting classes will be accommodated on a space available basis. Such students should contact the CAAP Assistant Director at (408) 554-4521 or by email at CAAP@scu.edu.

Weekend Cohorts
The CAAP program consists of eight undergraduate courses that are completed in approximately nine months. Of the eight courses, seven are required to receive the certificate (ACTG 181-187). For students who have not taken any prior accounting courses or who need to refresh their understanding of basic accounting rules, we offer a 5-unit introductory course (ACTG 180) at the start of the program. ACTG 180 is required for students who have not previously taken any accounting courses and is highly recommended for students who have not taken university-level accounting courses in the past year. In order to waive ACTG 180 you must get permission from the CAAP Faculty Director.

Students in the weekend program take the courses for about nine months (from September through June) on either Saturdays (cohort 1) or Sunday (cohort 2). Students meet in class on either Saturday or Sunday (not both) for eight hours each day: from 9 a.m. - 6 p.m. with a one-hour break. Each course lasts about five weeks.

In order to successfully complete the program, students must receive a minimum overall GPA of 2.0 as well as a passing grade in each individual class. A course grade of less than C- requires a meeting with the CAAP Faculty Director to obtain permission to continue in the program. Two grades of less than C- will result in automatic dismissal from the program. Those who successfully complete the program will earn a Certificate of Advanced Accounting Proficiency from Santa Clara University.

Individuals who can demonstrate the need for specific accounting classes will be accommodated on a space available basis. Such students should contact the CAAP Assistant Director at (408) 554-4521 or by email at CAAP@scu.edu. Priority consideration will be given to students who enroll in the entire certificate program (Actg. 181-187).
 
2014 Summer CAAP Application
Admission Requirements

Applicants must have a bachelor’s degree from a regionally accredited U.S. college or university or a foreign equivalent*. Applicants must submit an official transcript showing receipt of the bachelor’s or master's degree. If your undergraduate or graduate GPA is below 2.5, you must submit a statement of purpose and a letter of recommendation in addition to transcripts.

*International transcripts must be evaluated by any California Board of Accountancy approved agency found at http://www.dca.ca.gov/cba/publications/foreign.pdf. Evaluations must show a U.S. bachelor’s degree equivalency and final cumulative grade point average. Students who completed their formal education at a non-English speaking institution must complete the TOEFL exam and submit the results with their application. The minimum acceptable TOEFL score is 79 (internet based), 213 (computer based), and 550 (paper based). Note: Applicants whose native language is English need not submit TOEFL scores.

Veterans only: The CAAP program Admissions Committee reviews and evaluates transcripts for possible transfer credit and grants credit when appropriate, which determines the number of CAAP courses required.

Application Deadlines
2014 Summer

Apply today! Click here to be taken to the application for Summer 2014. (link to Admission Counselor). 

2014-2015 Weekend

This application will be available starting in early May, 2014. If you would like to be notified via email when this application is released please provide your information, here (link to Admission Counselor). Make sure to specify which program (summer or weekend) you are interested in applying for. We process applications and make acceptance decisions on a rolling basis. We encourage applicants to apply early in the application cycle.

We process applications and make acceptance decisions on a rolling basis. We encourage applicants to apply early in the application cycle.

International Students

Santa Clara University can issue F-1 visas for Weekend CAAP students ONLY. Visas cannot be issued for the Summer CAAP program. For more information regarding visas please contact Santa Clara University International Students Services at iss@scu.edu, 408-551-3019 or visit their website for more information at www.scu.edu/iss.

International transcripts must be evaluated by any California Board of Accountancy approved agency found at http://www.dca.ca.gov/cba/publications/foreign.pdf. Evaluations must show a U.S. bachelor’s degree equivalency and final cumulative grade point average. 

Students who completed their formal education at a non-English speaking institution must complete the TOEFL exam and submit the results with their application. The minimum acceptable score is 

  • TOEFL (iBT): 90
  • TOEFL (PBT): 575

You are exempt from this requirement if your native language is English, if you are from a country whose official language is English or if you attended your entire college career at a school whose instruction is conducted in English. 

2014 Summer Schedule
 Dates* Course  Faculty 
June 09 - June 18 180 Michael Calegari
June 19 - July 1 181  James Sepe
July 2 - July 15 182  Neal Ushman 
July 16 - July 30  184 Ted Christensen 
July 31 - August 12  185  Michael Eames 
August 14 - August 26 187  Larry Abbott 
August 27 - September 9 186  Suzanne Luttman 
September 10 -  September 20** 183 Susan Parker 

* Please note that dates are tentative and subject to change

**Students who cannot attend the final class on Saturday, September 20, 2014 can instead attend a session on Friday, September 19. The student is responsible for making arrangements with the faculty.

No CAAP Classes will be held on the following dates:
July 4, July 18, July 30, August 13, August 20, September 1

 
Benefits of Santa Clara University's CAAP Program
  1. Time Effective: We take the guess work out of how long it will take to complete the program. The Weekend CAAP Program is a nine month program that meets just once a week from 9 a.m. to 6:00 p.m. on either Saturday or Sunday. The Summer CAAP Program is an accelerated fourteen week program which meets Monday-Friday for four hours per day.

  2. Hassle Free: Tired of registration slots or worrying about whether you'll get the classes you need each quarter? The CAAP Program takes care of all registration hassles so you don't have to. Select which courses you need when filling out our short application form, and we'll take care of the rest.

  3. Cohort Experience: Students are admitted to the CAAP program as part of a group, which moves through the course sequence together. You will have the same classmates in each course, which improves cohesiveness and adult learning.

  4. Industry Support: Recognized and preferred by many accounting firms for recruiting, including the Big 4, Santa Clara University's Leavey School of Business is the ideal location for the CAAP Program.

  5. Career Services: In addition to offering the expertise of full-time tenured, Ph.D. level, faculty, we provide resume counseling and organize extracurricular events and networking opportunities to help navigate the job market. In September of 2013 our Career Fair attracted over 150 recruiters from over 30 firms to meet CAAP and SCU Undergraduate accounting students.

Who Should Attend
  • Professionals for whom an in-depth accounting knowledge would prove beneficial

  • Individuals seeking a career change or career enhancement through licensure as a CPA

  • Current graduate and law students interested in sitting for the CPA Exam

  • Recent graduates who wish to pursue an accounting career and majored in a subject other than accounting

Tuition and Financial Aid

financial aid

Learn about your financial aid options and tuition costs

Visit the site here

Would you like an admission counselor to contact you to discuss the program?

Please fill out our online request form here:

 

 

Course Descriptions

course descriptions
 
180 (5 units) Accounting for Business Decisions
Financial and Managerial Accounting. Introduces concepts and principles underlying external financial statements and provides an overview of how managers use internal accounting information to make sound business decisions. This introductory class includes a self-study module which provides insight into the mechanics behind the preparation of financial statements, including the accounting model and accrual versus cash accounting.
181 (6 units) Intermediate Financial Accounting I
In-depth study of the concepts underlying external financial reporting along with expanded coverage of the basic financial statements. Detailed analysis of the measurement and reporting of current assets, operational assets, and investments, including the treatment of related revenues and expenses.
182 (6 units) Intermediate Financial Accounting II
Intensive analysis of generally accepted accounting principles as applied to accounting for liabilities, stockholders’ equity, and the statement of cash flows. Covers accounting for income taxes, pensions, leases, and the reporting of corporate earnings.
183 (6 units) Auditing
Basic assurance concepts such as risk, control, and evidence and important relationships among these concepts. Provides an understanding of the conceptual assurance framework underlying financial statement audits.
184 (6 units) Advanced Accounting
Partnership accounting from organization to liquidation. The focus is then on corporate accounting for business combinations and the consolidation of parent and subsidiary companies’ financial statements under both the purchase and the pooling-of-interests methods of business combinations. Covers a broad spectrum of financial reporting issues in the context of intercompany investments.
185 (6 units) Cost Management and Strategy
Analysis of cost accounting with a strategic emphasis. Selected topics include process costing, activity-based costing, variance analysis, joint cost allocations, and the Theory of Constraints.
186 (6 units) Tax Aspects of Business Decisions
Analysis of various tax policies and their effect on business and personal tax planning. Includes discussion of various taxes (income, payroll, state and local, international) that have decisionmaking implications. Addresses issues of importance for successful tax planning and tax minimization for individuals and businesses.
187 (4 units) Accounting Information Systems
Understand and document accounting information systems and related internal control procedures. Identify and link internal control procedures to the accounting control objectives of completeness, validity, timeliness, valuation, and classification for sales/receivable, purchases/payables, payroll, production, the general ledger. Understand and apply segregation of duties, independent checks, physical safeguards, adequate documentation and proper authorization to various accounting/business cycles.
 

 

Faculty Bios

faculty
 
Michael Calegari
Associate Professor, Accounting
CAAP Faculty Director Santa Clara University


Michael Calegari is Director of the CAAP Program and Associate Professor of the Department of Accounting at Santa Clara University. He is a licensed CPA in California. In 2011, Dr. Calegari was Professor-in-Residence at KPMG in Mountain View, California, where he worked on several engagements involving accounting for income tax provisions.

Dr. Calegari's teaching and research interests are mainly in financial statement analysis and taxation. His research has been published in several leading accounting and tax journals, including The Accounting Review, Journal of Accounting and Economics, Contemporary Accounting Research, Issues in Accounting Education, National Tax Journal, Tax Notes, and Journal of the American Taxation Association.

In 2004, Dr. Calegari was co-recipient of the Deloitte Teaching Innovation Award from the American Taxation Association. Before joining Santa Clara University in 2000, Dr. Calegari worked as a CPA in the Bay Area for about ten years and served as an associate professor at Georgia State University. His academic degrees include a B.S.B.A. from the University of San Francisco, a M.S. in Taxation from Golden Gate University, and a Ph.D. from the University of Arizona. After joining Santa Clara University, he served as chair of the accounting department during the years 2003-2008 and has taught the lead course in the CAAP Program since 2002.

Dr. Calegari is married to Dr. Mary Calegari, an accounting professor at San Jose State University. They live in Santa Clara.

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Lawrence Abbott
Associate Professor, Accounting
University of Wisconsin-Milwaukee


Professor Lawrence J. Abbott is currently an Associate Professor of Accounting at the University of Wisconsin-Milwaukee. Prior to his current position, Professor Abbott was an Associate Professor of Accounting at the University of Memphis. Professor Abbott received his Phd from the University of Oregon and his B.S. in Accounting from the University of Minnesota. Professor Abbott is a CPA (inactive) and spent four busy seasons as a financial statement auditor and information systems auditor at the Minneapolis office of Ernst & Young. His research has appeared in journals such as The Accounting Review, Contemporary Accounting Research, Accounting Horizons and Auditing: A Journal of Practice and Theory.
Ted Christensen
Professor, Accounting Brigham Young University

Ted Christensen has been a faculty member at Brigham Young University since 2000. Prior to coming to BYU, he was on the faculty at Case Western Reserve University for five years. He received a B.S. degree in accounting at San Jose State University, a M.Acc. degree in tax at Brigham Young University, and a Ph.D. in accounting from the University of Georgia. Professor Christensen has authored and coauthored articles published in many journals including The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, Contemporary Accounting Research, Accounting Organizations and Society, the Journal of Business Finance & Accounting, Accounting Horizons, and Issues in Accounting Education. He is also the author of an advanced financial accounting textbook. Professor Christensen has taught financial accounting at all levels, financial statement analysis, business valuation, both introductory and intermediate managerial accounting, and corporate taxation. He is the recipient of numerous awards for both teaching and research. He has been active in serving on various committees of the American Accounting Association and is a CPA.

David Cottrell
Professor, Accounting
Brigham Young University


Professor Cottrell joined the faculty at Brigham Young University in 1991. He currently serves as the Associate Director of the School of Accountancy. Prior to coming to BYU he spent five years at The Ohio State University, where he earned his Ph.D. Before pursuing a career in academics he worked as an auditor and consultant for the firm of Ernst & Young in their San Francisco office.

At BYU, Professor Cottrell has developed and taught a case-based accounting and auditing research course in the graduate program, and also has taught financial accounting and corporate financial reporting courses in the School of Accountancy, the MBA program, and the Finance program. He has received numerous awards from the alumni and faculty for his teaching and curriculum development. He has received the Outstanding Professor Award in the college of business as selected by the students in the Finance Society; he has received the Outstanding Teaching Award as selected by the Marriott School of Management; and he is a four-time winner of the collegewide Teaching Excellence Award for Management Skills, which is selected by the Alumni Board of the Marriott School of Management at BYU. In 2005 he was named as a University Faculty Fellow for Teaching and Learning with Technology.

Professor Cottrell also has authored many articles about accounting and auditing issues. His articles have been published in Issues in Accounting Education, The Journal of Accounting Case Research, The Quarterly Review of Distance Education, Journal of Accountancy, The CPA Journal, Internal Auditor, The Tax Executive, and The Journal of International Taxation, among others.
Haidan Li
Associate Professor ,
Accounting Santa Clara University


Haidan Li joined the Accounting faculty in the Fall 2008. Her teaching interests include financial accounting and her research includes work in corporate governance, stock-based compensation, and financial accounting and reporting. She received an American Accounting Association Competitive Manuscript Award in 2003 and has published in several journals including the Review of Accounting Studies and the Journal of Law and Economics. She has been an auditor with a CPA firm in Singapore, and has taught at the University of Texas at Austin, and the University of Iowa. She received her bachelor's degree in Economics from Zhongshan University (China), and her master's in Economics from Rutgers, The State University of New Jersey. She earned her Ph.D. from the University of Texas at Austin.

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Michael Eames
Associate Professor, Accounting Department Chair

Santa Clara University Dr. Eames received his B.S. in Business and a M.S. in Fisheries and Wildlife Management from the University of California at Berkeley. He subsequently earned his M.B.A in Finance and Ph.D. in Accounting from the University of Washington, Seattle, and obtained his C.P.A in Washington State. His work experience includes environmental and archeological work for the National Park Service, nine years of salmon management and research activities in Washington State, consulting with PriceWaterhouse, and risk management analyses with Bank of America. Dr. Eames’ research interests are mainly in the areas of analyst forecast error and earnings management. His research has been published in leading accounting journals, including The Accounting Review, Contemporary, Accounting Research, the Journal of Accounting Research. Dr. Eames and his wife, Leilani, have two sons and live in San Jose. His outside interests include Nordic fiddling and dance, backpacking, fly fishing, and temperate zone pomology.

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Suzanne Luttman
Associate Professor, Accounting Santa Clara University

Dr. Luttman earned her Undergraduate Degree in Accounting and her MBA in Finance and Investments from Indiana University. Her Ph.D. in Accounting is from the University of Illinois. Dr. Luttman researches issues involving the equity and policy effects of income redistribution through tax law and also on the accuracy and causes of inaccuracy of financial analyst's forecasts.

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James Sepe
Associate Professor, Accounting Santa Clara University

James F. Sepe is an Associate Professor of the Accounting Department, Leavey School of Business and Administration, Santa Clara University. He joined the faculty in 1979 after earning his Ph.D. from the University of Washington. Additional degrees include an M.B.A. from UC Berkeley (1971) and a B.S.C. from Santa Clara (1969). He is a CPA and his practice experience includes two years on the audit staff of a large, international public accounting firm.

Dr. Sepe’s teaching interests are mainly in the financial accounting area, teaching courses in introductory and intermediate financial accounting at both the graduate and undergraduate levels. His research interests concern financial reporting issues and the use of financial information by capital markets. He has published in The Accounting Review, the Journal of Business Finance and Accounting, Financial Management, the Journal of Accounting Education, and the Journal of Forensic Accounting. He is a co-author of an Intermediate Accounting textbook published by McGraw-Hill/Irwin that is now in its sixth edition.

Dr. Sepe’s professional service includes significant involvement with the Western Region of the American Accounting Association. He has served as program chair and proceedings editor, vice-president, and president for the Western AAA.

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Susan Parker
Associate Professor, Accounting
Associate Dean, Curriculum
Santa Clara University


Susan Parker is an Associate Professor and the Chair of the Department of Accounting, in the Leavey School of Business at Santa Clara University. Dr. Parker’s teaching and research interests are mainly in the field of auditing. Her research has been published in Auditing: A Journal of Practice and Theory, Contemporary Accounting Research and other journals. Some of the topics addressed include the determinants of audit fees and the effect of various corporate governance mechanisms (primarily audit committees) on the financial reporting practices of public companies. She received a doctorate in Accounting from the University of Oregon in 1997.

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Neal Ushman
Associate Professor,
Accounting Santa Clara University


Education: CORNELL UNIVERSITY
A.B. (1973) Major: Government
MBA (1975) Majors: Accounting, Finance
M.A. (1981)
Ph.D. (1983) Major: Accounting Minors: Statistics, Finance. Dissertation: "An Examination of the Time Series Properties of Beta."

Academic Honors:
MBA received "With Distinction" (1975)
American Accounting Association Doctoral Fellowship (1981-1982)
Presidential Summer Teaching Grant (With James Sepe) (1985)
Accounting Association Faculty Appreciation Award (1985)
Business Administration Association Teacher of the Year (1987)
Santa Clara University Accounting Development Fund SummerResearch Grant (1988 - 1992, 1998)
Accounting Association Teacher of the Year (1990, 1991)
Santa Clara University Accounting Development Fund Summer Curriculum Development Grant (2001)
Dean’s Award for Excellence in Teaching (2003)
Outstanding Faculty Award, presented by the ACE students (2004)
Favorite Accounting Professor, presented by the senior accounting majors (2004)

TEACHING AND PROFESSIONAL EXPERIENCE
Teaching: CORNELL UNIVERSITY Lecturer in Accounting (Summer: 1980, 1981)

SANTA CLARA UNIVERSITY
Visiting Lecturer in Accounting (1978-1979)
Assistant Professor of Accounting (1982 - 1988)
Associate Professor of Accounting (1988 - Present)

Professional:
PRICE WATERHOUSE & CO. Washington, D.C. Staff Accountant (1975-1977) P

ROFESSIONAL AND ACADEMIC SERVICE:
Professional: Certifications and Professional Affiliations: CPA: States of California and Maryland Member: American Accounting Association American Institute of Certified Public Accountants Association of Certified Fraud Examiners (Associate Member – Education) Financial Executives International

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