 Master of Accountancy (MAcc, MAc, MAcy or MPAcc), alternatively Master of Professional Accountancy (MPAcy or MPA), or Master Science in Accountancy (MSAcy) is typically a one-year, non-thesis graduate program designed to prepare graduates for public accounting and to provide them with the 150 credit hours required by most states before taking the CPA exam.Master of Accounting (MAcc) is an 8-month degree offered by the University of Waterloo, School of Accounting and Finance in Canada that satisfies the 51 credit hours and CKE exam requirement needed to write the Chartered Accountant Uniform Final Exam (UFE) in the province of Ontario.The School also delivers a Master of Taxation program.