The department of Accounting and Finance offers a Bachelor degree in Accounting and Finance. The program is four years and students learn to analyse financial information, audit information, maintain records and scrutinize budgets. Students also receive technical training in spread sheets and databases. Graduates may find employment as corporate, government or public accountants. Certification requirements could apply to some positions. Applicants are generally required to have a high school diploma to be admitted into an undergraduate accounting program.
In accounting degree program’s general education courses, such as speech, logic, macroeconomics and communication, provide students with a solid foundation in liberal arts. Core coursework delves into marketing, business law, financial management and statistics, while additional topics of instruction might introduce students to fraud investigations and accounting ethics. Sample courses that students may encounter include:
∙ Financial accounting
∙ Management principles
∙ Cost management
∙ Income taxation
∙ Accounting theory
∙ Accounting systems and controls
The bachelor degree in Accounting and Finance is the eight-semester program, and students are required to accumulate 153-credits. A bachelor’s degree in accounting can prepare students for employment in non-profit organizations or government agencies. Graduates may become self-employed accountants or work in an accounting firm or corporate finance department. Accounting graduates are qualified to work as:
∙ Public accountants
∙ Forensic accountants
∙ Tax examiners
∙ Internal auditors
∙ Government accountants
The principles of modern pedagogy will be used to facilitate and enable learning in the field of business administration. Students become the centre of education, and teachers will facilitate their learning skills. Principles of competency-based education, will enhance students’ competency in Accounting and Finance. The bachelor’s degree in Accounting and Finance supports students learning and connecting to financial markets have reached a size, complexity and sophistication that have created the demand for professionals who are able to assess companies which need financing in these markets and manage the many financial risks they are subject to as a result of their activity. Equally, there is a need for experts in the management of capital of small and large investors. Significantly, the finance and accounting departments of businesses are becoming more and more intertwined,necessitating the hiring of qualified professionals in each discipline. Recent changes in International Accounting Regulations require accountants to know how to value financially the assets and liabilities of a company. It is difficult to understand the financial situation of a company without in-depth knowledge of the information extracted from the Financial Statements.
Mode of Study: Full-time
Duration: 4 years
Number of Semesters: 8 semester
Number of Credits: 153
Number of Modules: 54
Both summative and formative assessments will assess students’ performance for each module. Assessment tools could be different, but the final assessment for every module includes but is not limited to the following criteria:
∙ Midterm Exam
∙ Final Exam
∙ Reports
∙ Seminar
∙ Quizzes
∙ Reflective Diary
∙ Others
∙ Being able to present, discuss, and defend financial decisions by using appropriate terminology.
∙ Provide accurate and timely financial information.
∙ Develop and maintain the official administrative management and financial accounting systems and records and the related systems of internal controls for the university in accordance with generally accepted accounting principles and consistent with requirements
∙ Collect fees and other funds owed to the university in an accurate and timely manner. ∙ Administer the capital outlay, capital maintenance, and real property programs. ∙ Prepare budgets accurately and in a timely manner in alignment with the university’s strategic plan and monitor the budgets to ensure that the plan is carried out. ∙ To finance professionals through the development of interpersonal and teamwork skills. ∙ Maintenance of internal control procedures such as Financial Regulations, checking routines
∙ An appreciation for socially responsible actions with respect to financial decisions.
Upon completion of this program, graduates will be able to:
1- Designing and editing accounting system.
2- Compose a chart of accounts.
3- Keep accounting books and records.
4- Manage financial information in order to determine business strategy and policy. 5- Design costing systems.
6- Compile budgets and reports both for business and public sector entities.
7- Plan and implement internal and external audit practices.
8- Complete postgraduate studies in accounting fields.
9- Supervising of managing accounting system.
∙ Work with tax returns, deductions, credits, financial records and other filing deadlines; Experience with Microsoft Office.
∙ Maintain process and reconcile payroll.
∙ Make numerous daily computations to update and maintain accounting records.
∙ Analyse financial information, assemble spread sheets, charts, graphs and interpret data.
∙ Reconcile statements and transactions, collect revenue, pay invoices; Experience with Microsoft Office.
∙ Prepare work-papers for financial statements, audit engagements and provide analysis of account balances, document findings; Degree in Accounting.
∙ Prepare invoices, bank reconciliations, journal entries, general ledger, financial reporting.
∙ Process bills, communication with customers regarding billing issues and questions; Experience with Microsoft Office.
∙ Outbound collection calls; Experience with Microsoft Office.
∙ Prepare invoices, bank reconciliations, journal entries, general ledger, financial reporting.
An undergraduate degree in accounting and finance will prepare you for careers in areas such as: banking and corporate finance, the treasury, and financial analysis. In addition to pursuing positions in accounting and private industry, you can also pursue roles in government agencies, hospitals, social service agencies, education systems and in the international arena. Pursuing an undergraduate accounting and finance will give you a solid foundation in accounting and finance principles and practices. The programme helps students to gain knowledge in the field of financial accounting, bookkeeping, auditing, managerial accounting, international accounting, financial management, investment and portfolio management, and international finance.