Bachelor of Arts (Hons) in Accounting

Programme Name

Accounting

(4 Years Full-Time or Five Years Part-Time, Bachelor of Arts (Hons))

 

Qualification Awarded

Bachelor of Arts (Hons) in Accounting

 

Level of Qualification

1st Cycle (Bachelor’s Degree)

 

Language of Instruction

English

 

Specific Admission Requirements

The college’s General Admission Requirements, as specified in Part 1: Information on the Institution, apply to this Programme

 

Course structure table with credits

Semester 1
 
 
Course Id
Title
ECTS Credits
ACC 101
Financial Accounting

6

CSC 101
Computing for Business

6

ENG 101
English Language I

6

MAT 101
Mathematics/Calculus

6

MGT 101
Introduction to Management

6

Total
 

30

 
Semester 2
 
 
Course Id
Title
ECTS Credits
ACC 201
Cost and Management Accounting

6

ECN 101
Introduction/Principles of Microeconomics

6

ENG 102
English Language II

6

MAT 201
Statistics I

6

MGT 201
Organisational Behaviour

6

Total
 

30

 
Semester 3
 
 
Course Id
Title
ECTS Credits
ACC 316
Advanced Accounting Practice

6

CMS 104
Communication and Interpersonal Skills

6

ECN 102
Introduction/Principles of Macroeconomics

6

FIN 201
Finance

6

ΜΑΤ 202
Statistics II

6

Total
 

30

 
Semester 4
 
 
Course Id
Title
ECTS Credits
ENG 103
Introduction to Research Methods

6

LAW 208
Commercial Law

6

MAT 203
Quantitative Methods for Management

6

MGT 211
Business Environment and Policy

6

MGT 215
Information Systems Management

6

Total
 

30

 
Semester 5
 
 
Course Id
Title
ECTS Credits
ACC 311
Management Accounting I

6

ACC 312
Principles of Taxation

6

ACC 315
Auditing I

6

MGT 303
StrategicManagement I

6

MKT 207
Marketing Principles and Concepts

6

Total
 

30

 
Semester 6
 
 
Course Id
Title
ECTS Credits
ACC 321
Management Accounting II

6

ACC 322
Taxation Theory and Practice

6

ACC 325
Auditing II

6

FIN 301
Financial Management

6

ΜGΤ 313
Strategic Management II

6

Total
 

30

 
Semester 7
 
 
Course Id
Title
ECTS Credits
ACC 403
Financial ReportingPractice

6

ACC 404
Audit and Assurance Services

6

DIS 400**
Dissertation-Part A

6

FIN 403
Corporate Finance

6

Elective 1*
 

6

Total
 

30

 
Semester 8
 
 
Course Id
Title
ECTS Credits
ACC 412
Tax Planning Applications

6

DIS 401**
Dissertation Part B

6

Elective 1*
 

6

Elective 2*
 

6

Elective 3*
 

6

Total
 

30

 

* These electives modules should be selected from the Option List.  At least 50% of them should be Accounting and Finance ones.

**Non-honours candidates can substitute the  Disseration module with others found on the Option List, for at least  the equivalent number of credits.

 

Specific Arrangements for Recognition of Prior Learning

General arrangements as specified in Part I: Information on the institution apply

 

Qualification Requirements and Regulations

P.A. College implements the Qualifications Framework  as established within the framework of the Bologna process.   Accumulation of credits is documented in the official institutional  transcript of record and in the Diploma Supplement.

 

Profile of the Programme

The philosophy of the programme is to provide a  higher level education building up a strong basis of knowledge in  subjects which will be essential for graduates seeking careers in  accounting. This basis is also designed to allow the students to receive  a general business background during the first two years of their  studies.

In addition to rigorous academic learning, however,  the programme also aims for a strong vocational thrust in terms of its  content and structure. Equally important is the objective of enabling  students to acquire a variety of skills (e.g. interpersonal,  communication, numeracy, problem-solving, and integration skills) and to  use these in appropriate business situations. 

This programme of studies is also designed to be  intellectually challenging to the student at all levels providing the  appropriate level of intellectual development and challenge to warrant  an honours degree qualification at the conclusion of the programme, as  well as a sufficiently strong background for those who wish to proceed  for postgraduate studies or to undertake professional studies in their  specialisation.

This programme has been scheduled for students  intending to pursue a career in accounting, auditing, taxation, cost and  management accounting, financial management, or in any other area where  financial information and decisions are a central element.

 

Key Learning Outcomes

On completion of this programme, the student will be able to:

1. Define and explain the main accounting conventions  and International Accounting Standards, apply double entry principles  as well as prepare financial statements of entities, including groups of  companies for internal and external reporting purposes.

2. Critically appraise and evaluate proposed changes  in accounting standards, exposure drafts and accounting aspects of the  company law.

3. Analyse and evaluate financial statements with  respect to solvency, liquidity, profitability, efficiency and growth  using ratios.

4. Appraise the main principles and methods of cost  and management accounting and integrate costing methods for effective  planning, control and decision-making. Evaluate business problems on the  basis of qualitative and quantitative criteria.

5. Explain the structure and principles of the Cyprus  and UK tax systems and contrast between principles and practices  employed in the assessment of core areas of tax for individual companies  and group of companies.

6. Review the audit framework and regulation, examine  the significance of ethical behaviour to a professional and explain and  evaluate procedures involved in the practical testing of the accounting  systems and financial statements.

7. Introduce concepts and approaches in developing  and managing an effective accounting information system within a  business organisation. 

8.  Comprehend the theory and practice of financial  decision-making by organisations and identify how the financial theory  can be used to address practical problems and illuminate institutional  aspects of the financial world.

9.  Develop an understanding of the application of  advanced financial concepts and approaches to the appraisal of strategic  and management level issues and problems in a variety of organisational  situations.

10.  Define governance and explain its role in the  effective management and control of organisations. Explain the role of  the accountant to overview the board and management of organisations for  duplicated efforts and the overlooking of critical issues.

 

Occupational Profiles of graduates with Examples

The B.A. (Hons) in Accounting gives the student the  potential to pursue a number of career opportunities, and be employed in  the following sectors of the economy:

National/ International Accounting and Auditing Firms

Government

Banking

Education

IT Companies

Investment Firms

Private Sector

Owner of an Accounting and Auditing Firm

 

Access to Further Studies

The successful student will pursue further  specialised academic study at a Master’s degree and/or PhD level in the  fields of Accounting, Finance, Economics, Marketing and Management.  Additionally, will continue for specialised professional studies (ACCA-  Association of Chartered Certified Accountants, ICAEW- Institute of  Chartered Accountants in England and Wales), in the field of Accounting.

 

Examination Regulations, Assessment and Grading

Course assessment comprises of a comprehensive final  exam and continuous assessment.  Continuous assessment can include among  others, mid-term tests, assignments and class participation.

Final exam comprises of 70% of the overall mark of the course and continuous assessment equals 30%.

 

Graduation requirements

The award of the Bachelor of Arts (Hons) Degree in  the respective programme will require the satisfactory completion of the  elements specified in the respective programme structure. (Normally, at  least 149 credit units for the full-time mode or at least 120 credit  units for the part-time mode. Students completing part of their studies  on the other mode of study are required to complete the number of  modules specified by the programme structure. In such case, the minimum  number of credits will range between 120-149 credits depending on the  number of semesters completed in each of the two modes.)

The adoption of the ECTS system implies that the  students successfully complete 240 ECTS units, which correspond to the  total number of units required for a first degree programme.

Students successfully completing each period of study  must have achieved at least 50% in the coursework assessment and 50% in  the final examination in each of the subjects they take.

 

Mode of Study

Full-time and Part-time are both possible.

 

Programme Coordinator

Ms Loukia Sergiou

Lecturer in Accounting

e-mail: l.sergiou@faculty.pacollege.ac.cy

P.A. College

Corner of Faneromenis Ave. and Kalvou Str.

P.O. Box 40763

6307 Larnaca, Cyprus