Online Masters Programs In Accounting

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Earn an Online Master’s in Accounting

An online master’s degree in accounting can help students meet a number of career goals, whether they want to work their way up to a Chief Financial Officer or Controller position at a company, begin their own accountancy practice or become a more specialized practitioner like a forensic accountant. Learn about the types of courses students in these programs complete, the skills they gain during their time in school and the best online master’s in accounting programs.

Best Online Master’s in Accounting

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Best Online Master’s in Accounting


    Best Online Master’s in Accounting

    Deciding which college to go to is no easy task, so ACO evaluated more than 3,500 colleges to give you the information you need to make the search more manageable. Our 2018 college rankings are based on statistical data from trusted sources, eligibility criteria and various ranking factorsData Sources:

    Eligibility Criteria:

    • Each college must be accredited
    • Each college must be a not-for-profit institution
    • Each college must be located in a state (US territories and Washington DC were excluded)
    • Each college must have at least one online program 1

    Ranking Factors:

    • Affordability
    • Quality
    • Flexibility
    • Program

    Several individual data points were objectively evaluated to calculate a score for each ranking factor listed above. For affordability, the most impactful data points were tuition2 and grants; for quality, graduation and acceptance rates; for flexibility, part-time enrollment options; and for program, degrees granted in that specific program area. Each score was then weighted, with affordability being the most highly weighted factor for all ACO rankings.

    1 Best Vocational Programs included data for both online and campus programs.

    2 Both in-state and out-of-state tuition rates were used in our methodology; however, our rankings tool currently only displays in-state rates.Notes:

    • A dash in our Rankings Tool indicates IPEDS data was not available.
    • Tuition displayed in in-state and per year unless stated otherwise.

Students who enroll in online master’s degree programs in accounting are serious about building strong careers, as well as gaining a deep understanding of a specific area of the field. Prospective accounting graduate students must weigh their options carefully when considering what school to attend. We help you do that with our rankings below, which were created using information provided by schools, the U.S. Department of Education and the Integrated Postsecondary Education Data System (IPEDS). All schools included in this list are fully accredited.

  1. Liberty University

    Lynchburg, VA



    Liberty University is one of the largest private, not-for-profit Christian institutions with over 110,000 online and on-campus students. The school's Master of Science in Accounting is available entirely online and will help you to advance into a specialized career in accounting. Students can choose the general track or can specialize in one of 6 concentrations: taxation, business, auditing and financial reporting, financial services, forensic accounting and leadership. Courses are asynchronous, 8 weeks in duration and delivered through the Blackboard system. Online students have access to various student support services, including IT support, writing resources, online course guides, webinars and instructional media tools. Military service members, veterans and military spouses may qualify for an application fee waiver. Military students receive a significant tuition discount, as well as the option to start courses at 8 different times per year with no set login times. Incoming students must have an undergraduate record of foundational business and accounting courses. Any of those prerequisite courses must be completed prior to enrolling in any graduate accounting classes. Incoming and transfer students may receive credit for prior learning or work experience and military service. All appropriate documentation must be submitted to the registrar to be considered for credit. Transfer credits from other regionally accredited schools are also accepted and evaluated on a case-by-case basis. Upon completion of this program, you will be prepared to sit for the Certified Public Accountant exam, provided you have met the other requirements in your state for CPA exam candidates.

  2. Culver-Stockton College

    Canton, MO



    The online Master of Business Administration with a Specialization in Accounting program at Culver-Stockton College is designed for working professionals and adults to advance their knowledge of the field and increase their earning potential. Distance learners who work full-time will be able to complete their degrees quickly with Culver-Stockton's flexible 8-week, accelerated courses. As an online student, you will be able to work one-on-one with experienced faculty members and academic and career counselors and access Culver-Stockton's library, with fully online bibliographic databases. Throughout this MBA program, you will complete courses in communication and qualitative and quantitative data analysis to further develop your analytical and decision-making skills. Upon graduation, you will be prepared to take on leadership roles in the evolving business world. Incoming students must have completed the requisite undergraduate business courses. Deficiencies in your academic record may be completed through the undergraduate online campus program. Applicants must submit an official GMAT score, with a minimum combination of 200 X GPA plus a GMAT score greater than or equal to 1025. You may be able to obtain a GMAT waiver if you have a high undergraduate GPA and significant work experience in the field. Incoming students can transfer up to 9 credit hours toward the accounting degree as long as those credits were earned within the last 5 years with a "B" or better. You must maintain 3.0 GPA and a "C" average or better in all MBA courses to remain in good standing. All MBA graduate students must complete their degree requirements within 5 years of their start-date. Culver-Stockton College is accredited by the Higher Learning Commission.

  3. Saint Leo University

    St. Leo, FL



    Saint Leo University is a private, not-for-profit institution affiliated with the Roman Catholic church. You can earn your Master of Accounting degree online and prepare for the Certified Public Accountant and Certified Management Accountant exams. In this 30 credit hour program, you will learn about resolving financial reporting issues for U.S. and multinational businesses. Students also obtain the essential knowledge of tax laws and relevant legal concerns in the field. When you reach graduation, you will be prepared for careers as a CPA, auditor, chief financial officer, IRS investigator, forensic accountant and other accounting positions. Recent Saint Leo accounting graduates have moved on to careers at companies like Price Waterhouse Coopers, Entegra Power Group, the United States Special Operations Command and the Federal Deposit Insurance Corporation. Admissions at Saint Leo are rolling, and you may apply at any time to begin your studies during any of the 6 start-dates throughout the calendar year. The MAcc program requires a minimum GMAT score of 500, completed within the past 5 years. You will also need to submit a resume showing at least 2 years of work experience, an essay, and 2 professional recommendations with your online application. Admitted students with a non-business undergraduate degree may be required to take additional business courses to satisfy requirements for graduation and the CPA exam. Prior learning experience and military service may count toward your degree. You must submit official documentation for each experience for the registrar to evaluate on a case-by-case basis.

  4. New England College

    Henniker, NH



    At New England College, you can pursue the Master of Science in Accounting to expand your knowledge in taxation, financial reporting, cost reporting, auditing, mergers and acquisitions. New England College is accredited by the New England Association on Schools and Colleges (NEASC) through its Commission on Institutions of Higher Education (CIHE). This 40 credit hour program will help you diversify your career options and pursue upper-level careers in auditing and risk management, management, banking and financial services, not-for-profit organizations and taxation. You will also be prepared to take the Certified Public Accountant, Certified Management Accountant or Certified Internal Auditor exams in most states. For those online learners interested in fraud prevention and criminal investigation, you may elect to obtain a concentration in forensic accounting. The forensic concentration prepares you for the Certified Fraud Examiner designation exam. Most full-time students complete their NEC master's degree in less than 2 years. Applications are accepted at any time, as NEC uses a rolling admissions schedule that allows students to enter every 7 weeks throughout the year. For admission to this 100% online program, you do not need to submit GRE or GMAT scores. Online students have access to the same support services as traditional on-campus students, including academic advising, career and life planning, mentoring programs, veteran services and library access. NEC offers active duty service members a highly discounted tuition rate and 10% tuition savings for veterans, Reservists, Guardsmen and their spouses. Up to 8 credits earned from other regionally accredited institutions with a "B" or better may transfer toward a graduate degree at NEC.

  5. Mississippi College

    Clinton, MS



    Mississippi College is a private, Baptist-affiliated institution serving over 5,000 students and is the oldest college in the state. The MC school of business offers a comprehensive Master of Business Administration in Accounting in both fully online and hybrid formats. With a curriculum built on the combination of theory and practice, the program prepares students for a variety of accounting careers in the public or private sector. Graduates of MC's MBA program have gone on to become CEOs, CFOs and executives in fields such as intermediate accounting, federal tax accounting, auditing and cost accounting. The program also prepares students for the CPA exam and other professional certifications. With guidance and instruction from MC's established faculty, distance learners will complete a diverse set of online 8-week classes in financial accounting, taxation and auditing to learn about the field from a global perspective. Full-time online learners can complete the 30-credit degree program in 2 years. The business school also aids online students with their post-graduation job search and helps them find the best employment for their career goals. Applicants must have a bachelor's degree from a regionally accredited college or university with a 2.25 GPA or higher. The GMAT is not required for applicants with a 3.0 GPA or higher. Incoming students who have not completed foundational undergraduate courses in business may have to complete 9 credits of prerequisite courses before moving on to upper-level master's courses.

  6. University of Alabama at Birmingham

    Birmingham, AL



    The online Master of Accounting degree at the University of Alabama at Birmingham caters both to applicants with an undergraduate degree in accounting or business and those with a different academic background seeking to enter the accounting field. Whether you have been working in the field since your undergraduate graduation, or you are coming from a different career or degree program, UAB's fully online program is set up to help you to gain the knowledge and skills needed to enter a career in auditing, accounting or management and to take the CPA exam. The program's award-winning faculty has experience in the industry and offers networking opportunities for students. Those without an accounting or business undergraduate degree will need to enter a bridge program, which includes 24 credits of coursework covering the principles of accounting, financial accounting and foundations of income taxation. The master's degree program itself involves completion of a total of 30 credits, which can be completed in as few as 5 semesters. Coursework includes 21 credits of core courses in business law, governmental and not-for-profit accounting, advanced financial accounting, corporate governance and tax entities, and up to 9 elective credits. The online program offers 24/7 technical support. You may transfer credits toward this master's degree but all potential credits must be discussed with a UAB academic advisor. Applicants with a bachelor's degree in accounting do not need to submit GMAT scores for admission. The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

  7. Keystone College

    La Plume, PA



    Keystone College's Master In Accountancy (MAcc) degree program was established in 2015. It is a 30-credit program designed to prepare students to sit for the Certified Public Accountant (CPA) exam while expanding their knowledge and skills in a variety of accounting-related subjects, including taxation, auditing, risk management and ethical practices. Classes are presented on a 7-week schedule. Students are expected to complete 2 courses per 7-week period, allowing them to finish their studies in 1 year. They must also complete a graduate thesis. Course subjects offered include advanced auditing, forensic accounting, corporate and partnership taxation, and government and fund accounting. The curriculum also includes 2 CPA exam prep courses. All coursework can be accessed asynchronously and completed fully online. Faculty and technical support services are available to all online students. Students must possess a bachelor's degree from an accredited college or university with an overall GPA of 3.0 or higher to be admitted to the MAcc program. The bachelor's degree can be in any major. However, an applicant whose degree is not in accounting or finance must complete certain prerequisite undergraduate courses in order to be accepted into the program. Applicants must also pass the GMAT exam with a minimum score of 450 points (waived for students with an undergraduate GPA of 3.4 or higher), and submit a current CV and official transcripts from all colleges and universities previously attended. International applicants must submit a Financial Statement (ISFS) with affidavit of ability to pay, and a test score for either the TOEFL (minimum score of 80) or IELTS (minimum score of 6.5).

  8. Davenport University

    Grand Rapids, MI



    Davenport University's fully online Master of Accountancy (MAcc) degree features a wide range of specialization options and tracks designed to allow students to concentrate their studies in the area of accounting best suited to their career interests and professional goals. Four specializations are available to Davenport MAcc students: Finance, Fraud Examiner and Auditing, Managerial Accountant and Professional Accountant. The program also offers multiple tracks culminating in the student taking Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Fraud Examiner (CFE), or Certified Internal Auditor (CIA) examination preparation courses. Earning the MAcc degree also prepares students to sit for the Certified Financial Manager (CFE) and Certified Government Financial Manager (CGFM) exams. Candidates for admission into the MAcc program must possess a bachelor's degree in accounting or finance from a regionally accredited college or university (or approved international institution) with an overall GPA of 2.8 or higher. Applicants must also submit: a current CV or resume with information on education, work experience and community service; a comprehensive 500-word minimum Statement of Purpose explaining why the applicant wishes to pursue the degree; and a signed professional letter of recommendation. Additionally, candidates may be required to successfully complete foundational accounting-related coursework relating to their chosen MAcc track prior to acceptance into the degree program. To earn the Davenport MAcc degree, students must complete 30 semester credit hours of coursework, including 15 credits in core courses and 15 credits in the student's chosen area of specialization. Students currently holding a CPA license, or CFE, CIA or CMA certification, may be able to apply that credit to the corresponding specialization.

  9. Shorter University

    Rome, GA



    Shorter University is a private, Christian-affiliated institution offering a wide range of distance learning programs to working professionals and others. The Master of Accountancy (MAcc) degree offered by Shorter University can be earned 100% online in as little as 12 months. The degree provides graduates with the 150 semester hours required to sit for the Certified Public Accountant (CPA) in most states, and further prepares them for professional careers in all sectors of the accounting field. To be accepted into the program, a student must possess a bachelor's degree in either accounting or another discipline, earned with a cumulative GPA of 2.75 or higher. A GMAT with a minimum score of 450 points is also required. Students holding a non-accounting bachelor's degree must complete prerequisite coursework (in financial accounting, managerial accounting, intermediate accounting, auditing and statistics) prior to entering the MAcc program. To earn their degree, students must complete a minimum 31 semester credit hours in core and elective courses in subjects such as advanced financial accounting, internal auditing and fraud, business analytics and research methods, and legal/ethical issues for accounting. Each course must be completed with a C grade or higher, and with a minimum overall 3.0 GPA for all coursework. An in-person internship is not required, although one is offered as an elective course. Program courses are presented in a shortened 8-week format. Shorter University is a military-friendly institution offering a 20% tuition discount for online classes to active-duty personnel and veterans of all branches of the armed services. This discounted rate is not applicable to students simultaneously receiving other military benefits, however. Shorter University is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools (SACS), but there is no specific accreditation for the MAcc program.

  10. University of Massachusetts-Amherst

    Amherst, MA



    UMassAmherst's online Master of Science in Accounting degree program offers students an opportunity to fast-track their graduate education at a highly respected university. Graduates are prepared to take on positions in accounting, auditing and budgeting, as well as to continue their educations to earn an MBA or doctorate degree. The program provides students with the educational components needed to sit for the Certified Public Accountant (CPA) exam in most states. To earn this degree, students must complete a minimum of 30 credit hours of coursework consisting of 6 required core classes and 4 elective classes in subjects such as taxes and business decisions, financial statement analysis, forensic accounting and advanced audit. The degree is offered in 2 distance learning formats: hybrid (combination of online and on-campus classes) and fully online. Both formats allow students to complete their studies in as little as 2 semesters. However, students with work and/or family obligations may take longer to complete their degree. To be admitted into the MS in Accounting program, the applicant must possess an undergraduate degree with a minimum 2.75 GPA. The program is designed primarily for students who have recently completed their undergraduate degree in accounting, but accepts candidates with non-accounting and non-business bachelor degrees as well. The school's Accounting Transitions Program offers a set of prerequisite classes that non-accounting degree holders must complete before acceptance into the degree program. Applicants must also submit a test score for either the GMAT or GRE exam (GMAT preferred). Acceptance is determined by an evaluation of several factors, including the candidate's academic history, GMAT/GRE exam results, professional experience, evidence of motivation, and aptitude for graduate-level work.

What Can I Learn in an Online Master’s in Accounting Program?

Students who enroll in an online master’s degree program in accounting get the advanced knowledge and skills they need to progress in their careers and increase their earning potential. Some of the skills that students can learn in these programs include how to:

  • understand business research that they can apply to accounting situations
  • appreciate cultural differences in order to think of accounting principles from a global perspective
  • communicate accounting principles effectively in writing and verbally
  • evaluate accounting problems and solve them

In addition, students gain expertise in the legal, ethical and business tenets that accountants are expected to adhere to throughout their careers.

What’s the difference between a master’s in accounting and an MBA in accounting?

While both a master’s in accounting and an MBA in accounting help students sharpen their skills to move up the career ladder, there are fundamental differences between the two programs. Those who enroll in an MBA in accounting take in-depth business courses, which allow them to gain skills that can be applied to many careers, while taking accounting classes that are more fundamental in nature. Accounting master’s students receive an exhaustive accounting education that gives them a thorough understanding of theories and practices, as well as expertise in a specific subsection of the accounting discipline.

What common courses are offered in a master’s in accounting program?

Although the specific curriculum differs from school to school, generally students who enroll in a master’s in accounting program complete the following coursework.

Financial accounting

This class provides students with an understanding of financial statement interpretation, liability accounts, pension plans, income tax allocation and revenues and expenses.

Governmental accounting

This class covers the unique accounting issues that arise in governmental settings on the local, state and federal levels. Students may learn how accountants work with government clients in terms of budgeting, financial statement preparation and auditing.

Income tax

Income tax courses cover how taxation should be handled in different settings, from the individual who is filing their annual taxes to the corporation that has several business investments. Specific topics addressed in the class may include liquidation of assets, gifts, standard deductions and tax research.

International accounting

Students who want to work at multinational corporations can take an international accounting class in order to learn the financial regulations of different countries. The course may cover financial reporting standards, taxation and portfolio management.

Managerial accounting

Organizational leaders make vital decisions that impact the entire company, and accountants play an important role in how those decisions are made. Managerial accounting classes prepare professionals for this important position by teaching students how to measure a company’s performance, review pricing and do accurate business forecasting.

What exams or projects should I expect?

The exams and projects that students in graduate accounting programs are expected to complete depend on what their specific program requires. In some programs, students are required to pass a comprehensive exam to demonstrate their understanding of the curriculum, particularly in the students’ area of concentration. In other programs, students are required to complete a master’s thesis, which examines a specific accounting topic under the supervision of a graduate advisor. Students may also have to complete a research project, which entails assisting a professor with an original study. There are also programs that may require a combination of these activities in order to determine the competency of its students.

What specializations are available in a master’s in accounting program?

One of the benefits of enrolling in a master’s in accounting program is the ability for students to get a comprehensive understanding of a specific area of the field. The following are some of the concentrations that can be found in accounting programs.


Whether students are interested in becoming government auditors or in-house auditors at private companies, this specialization provides the tools they need. Students who enroll in this concentration take courses on control issues, cash-flow estimation, and capital budgeting.

Forensic accounting

Forensic accountants are charged with investigating financial transactions to determine if a crime has been committed. Students in this specialization take classes that cover how to detect money laundering, assist with the computer discovery process, create reports about the findings of an investigation, and testify in court.

Government accounting

Professionals can choose this concentration to train for a career at government agencies, as well as nonprofit organizations. People learn how to create, implement, and maintain accounting information systems within this professional environment.

International accounting

This specialization prepares students to apply accounting concepts on a global scale. Coursework may address international trade laws, accounting principles and procedures used in foreign countries, and setting up company subsidiaries overseas.


Accountants who want to specialize in taxation muse have a deep understanding of how income is taxed on a federal, state, and local level. Students who pursue this concentration study the Internal Revenue Code, international taxation methods, treasury regulations, and gift taxes.

What Can I do with a Master’s in Accounting Degree?

Although all accountants work with numbers, there are different areas of the field where professionals can apply their knowledge of industry principles. The following are some of the careers that accountants can pursue.


Organizations hire internal auditors to ensure their financial records are complete and in order. The job duties of auditors include organizing and maintaining the books of a company, compiling information that can be used in annual reports, detecting internal fraud within and organization, and recommending how companies can improve their financial operations. External auditors, on the other hand, examine the finances of an organization on behalf of the government to find out if there are fraudulent activities taking place.

Certified Public Accountant

Certified public accountants work with individuals and organizations to help them meet their financial goals. Although much of the work that these professionals perform on behalf of their clients is related to taxes, CPAs also provide advice on other financial matters, such as retirement planning. Specific duties of these professionals include preparing financial reports, organizing and maintaining financial records, advising clients on how to reduce costs, and staying up-to-date on industry trends.

Forensic Accountant

When people commit financial fraud, they leave behind clues that can be uncovered by forensic accountants. These professionals reconstruct destroyed financial records, analyze financial evidence, draft reports about investigation findings, and assist with legal proceedings. Forensic accountants may use their expertise to assist the government with white collar crime cases involving embezzlement, securities fraud, and bankruptcy. They may also work on civil matters, like divorces.

Management Accountant

Management accountants help companies maintain their financial fitness by helping them with budgeting, risk management, and transaction monitoring. Also, these professionals make forecasts about what will happen in a company’s financial future based on their current and past activities.

Project Accountant

A project accountant is responsible for managing the financial aspects of a specific project within an organization. These workers maintain project records, review and approve invoices from suppliers, create budgets, and ensure a project complies with applicable regulations. They may work on a product launch or a construction project, for example.

As accountants grow in their careers, it’s important for them to keep abreast of changes in the industry. One way they can do this is by becoming active in professional organizations, which also allow them to network with their peers. The following are examples of organizations that accountants can join.

American Institute of CPAs

Certified public accountants who join this organization can participate in webcasts, meetings, and conferences. Members can also take advantage of tools to help them with their daily practice, a career center, and discounts on business services. In addition, the organization acts as a voice for accounting professionals by communicating the needs of the industry to lawmakers.

Association of Certified Fraud Examiners

This association provides anti-fraud training and education to professionals around the globe. In addition to offering certifications, the organization has career support services, networking events, and seminars.

Institute of Management Accountants

This organization has focused on the needs of management accounting professionals since it was founded in 1919. With 300 chapters in 140 countries, the association focuses on strengthening the careers of members around the world by providing certifications, continuing education, career management tools, and professional publications.

National Society of Accountants

Since 1945, this organization has been dedicated to helping accountants by promoting education and high ethical standards within the industry. It offers webinars, exam preparation courses, continuing education, and publications that provide accounting news and tips for managing a practice. Also, the group organizes an annual convention where accountants can get leadership training, network with other professionals, and take seminars featuring the latest industry information.

The Institute of Internal Auditors

This organization is dedicated to providing industry research, professional development, advocacy services, and certification programs. The association covers topics such as cybersecurity, leadership development, artificial intelligence, and financial risk.

How Much Can I Make with a Career in Accounting?

Accountants & AuditorsLess than $43,020$69,35More than $122,220+10%
Bookkeeping, Accounting or Auditing ClerkLess than $24,600$39,240More than $60,670-1%
Budget AnalystLess than $49,540$75, 240More than $113,740+7%
Financial ExaminerLess than $47,400$81,690More than $153,850+10%
Financial ManagerLess than $66,480$125,080More than $208,000+19%

Source: Bureau of Labor Statistics, 2018

According to the U.S. Bureau of Labor Statistics, the employment outlook for people in the accounting field is going to grow faster than the average overall job growth rate. Between 2016 and 2026, accountants will on average experience ten percent growth in job opportunities. This is because of several factors, including the increased need for companies to get the advice and analysis of accountants as they automate tasks like data entry. In addition, growth in the overall economy will increase the demand for accountants to prepare and review financial records.

Other changes in organizations will also impact the number of jobs for accountants. For example, as more companies go public, these professionals will be required to prepare their financial documentation. In addition, companies that decide to increase their global presence will require accountants to advise them on how to handle international trade and mergers.

Not only do master’s programs in accounting help to prepare students for the advanced work and specializations professionals will need to keep up with the growth trends, they also increase their earning potential. The Center on Education and the Workforce reports that accountants who have a bachelor’s degree make a median income of $69,000, compared to $91,000 for those with a graduate degree.

Online Master’s in Accounting Program Accreditation

In order to ensure that master’s in accounting programs have quality control, schools undergo the accreditation process, which involves scrutinizing an accounting department’s content, faculty and research. It’s important for students who want to earn accounting graduate degrees to find programs that have been accredited by the Association to Advance Collegiate Schools of Business (AACSB), the International Assembly for Collegiate Business Education (IACBE), or the Accreditation Council for Business Schools and Programs (ACBSP), which are organizations that certify a school’s dedication to providing quality education to its students.

How to Pay for a Master’s in Accounting Degree

There are a variety of ways to pay for a master’s in accounting degree. Here are some options to help students pay for their degree:

Federal Financial AidJust as they would have done in the undergraduate years, students who enroll in online master’s degrees in accounting can begin their search for financial aid by filling out a Free Application for Federal Student Aid (FAFSA). This helps to determine how much students are eligible to receive in federal loans and grants, as well as whether they can participate in a graduate assistantship at their school—which would allow them to work on research studies or help with teaching undergraduate courses, under the supervision of a professor.

Accounting ScholarshipsIn addition, there are scholarships for accounting graduate students provided by professional associations. For example, on the national level, scholarships are available through the Institute of Management Accountants and the Association of International Certified Professional Accountants, and state associations like the Arizona Society of Certified Public Accountants and the Society of Louisiana Certified Public Accountants also provide scholarships.

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