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