BA in Accounting & Finance

The Accounting and Finance program aims to provide high quality education and training in the functional disciplines of accounting and finance. In formulating the program, consideration was given to the possibility of earning exemptions from British Professional Chartered Accountancy bodies, given that accountancy qualifications are primarily designed to help the business community meet its obligations for keeping accurate accounting records and for taking sound financial decisions.

The program took cognizance of the fact that academic courses offered at the University should prepare students to meet the practical needs of industry and the profession. In particular, the Accounting and Finance program aims to help the students to develop an understanding of the concepts and analytical skills to study, report, and analyze business activities effectively, through offering a curriculum that maps to the Cyprus Agency of Quality Assurance and Accreditation in Higher Education (CYQAA) academic benchmarks and yet satisfies the accreditation requirements of the ICAEW, ACCA, CIMA, AIA, the CPA, Australia and the CPA, Ireland, for examination and exemption purposes.

LEARNING OUTCOMES

Upon successful completion of the Accounting and Finance program, graduates will be able to:

• Prepare and analyse financial and management accounts, statements and reports, and give appropriate advice;
• Demonstrate an understanding of the constraints on accountants and managers imposed by economics and legal factors;
• Prepare tax computations and give advice on personal and corporate tax issues;
• Apply financial management theory and techniques and give appropriate advice on financing, investment and distribution;
• Communicate and apply knowledge and understanding of the principles of business information systems management at an appropriate level;
• Apply the principles of internal and external auditing in relation to financial review, control, accountability, and assurance.

The blend of specific accounting and finance modules with a wider understanding of business gives the graduates both a strong foundation in the subjects and an application of how accounting and finance are applied in real–worth business situations.

Graduates with accounting and finance skills are in constant demand around the world, with graduates going on to gain employment in a wide range of companies, from professional accountancy firms to large multinational operations. With a high level of professional exemptions from accredited British Accountancy Bodies, ICAEW, ACCA, CIMA, AIA, the CPA, Australia and the CPA, Ireland, this challenging course will help holders of the BA (Hons) degree to become qualified accountants, start work in a finance-related career or to proceed to higher degrees/research.