BA (Hons)
Accounting and Finance

(3 Years)

Course Objectives

There is no better place to begin a career in Accounting and Finance than on the UWL BA (Hons) Accounting and Finance course. By giving you the information, the tools, the techniques and the experience needed to devise creative solutions to the full range of accounting and finance problems, this three-year course offers you a real foot in the door of today’s competitive world.

Benefits

The course provides the maximum exemptions (9 papers) from the ACCA examinations. There is no University that receives a higher number of exemptions.

Aims

Our aim is to produce graduates with all the skills and abilities needed to flourish in the world of Accounting and Finance. You will leave with all you need to start a career. This degree provides a fantastic basis for all professional qualifications, including those offered by the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), the Institute of Chartered Accountants (ICA), and the Institute of Credit Management (ICM).

Teaching Methods

How you learn is almost as important as what you learn. It’s our job to make sure that we give you all the information that you need in as interesting and varied a way as possible. There will be lectures, seminars, tutorials and workshops, where you will listen and learn, discuss and gain handson experience.

Accounting as a subject is constantly changing in order to adapt to the needs of modern-day business. This course has been designed to keep up with these changes.

Successful completion of this degree will enable you to pursue a career in Financial Accounting, Management Accounting, Corporate Finance, Taxation and Auditing.

The BA (Hons) Accounting and Finance Programme of the UWL has been consistently ranked in the top 10 of all the UK universities in the National Student Survey.

Exemptions from Professional Bodies

Holders of the BA degree in Accounting and Finance are eligible for maximum exemptions from ACCA (9 out of 14) and 5 exemptions from CIMA’s Certificate level.

Recognition

The above programme is recognised by UK NARIC. It is also recognisable by KYSATS and thus qualifies for a subsidy by the Cyprus government of up to €3,417.

Commencement

All UWL programs commence only in September and January, subject to demand.

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Brochure

Year 1

1. Introduction to Financial Accounting
2. Professional Skills
3. Workplace Employability Skills
4. Introduction to Management Accounting
5. Introduction to Economics
6. Quantitative Methods

Year 2

1. Financial Accounting
2. Auditing in Context
3. Taxation
4. Management Accounting
5. Financial Management
6. Business and Corporate Law

Year 3

1. Financial Reporting
2. Performance Management and Control
3. Corporate Finance
4. Analysis Report on Current Issues in Accounting and Finance
5. Auditing
6. Personal and Corporate Taxation

Module Aims

Year 1

1. Introduction to Financial Accounting

The overall aim of this module is to introduce students to basic Financial Accounting principles and techniques. Students who successfully complete the module should have a solid base from which to continue onto Financial Accounting and Financial Reporting.

2. Professional Skills

The material covered in this module will help you to become more critical, evaluative, self-aware, self-confi dent, skilled and capable in the use of information and resources. These are essential skills required for effective research and study in higher education. It will also help you to improve your ability to make sense of new information and improve your skills in questioning, data-gathering, reasoning, drawing valid conclusions and spotting bad arguments.

As with any other module on our degree course there will be regular participation and contact with your community of peers, contact sessions, active participation in class discussions, regular visits to the Blackboard site for module information guidance and support and completion of homework assignments for each weekly session.

3. Workplace Employability Skills

This module is designed to introduce students to the contemporary tools to enhance the workplace employability skills.

4. Introduction to Management Accounting

The module will provide an insight into the workings of management accounting within modern day business. It starts by looking at the basic principles of arriving at a cost for a product or service and then goes on to looking at the various management accounting techniques that will be useful to a manager working in business.

5. Introduction to Economics

This module helps students to develop an understanding and awareness of the environment in which a business operates, particularly from the economic perspective ( increases in prices (inflation), unemployment etc.) Additionally this course will provide an overview of how economic factors affect an organization internally and externally.

6. Quantitative Methods

In summary, the module deals with the collection, analysis, interpretation, and presentation of financial and business data. Mathematical fundamentals: percentages, ratios, powers, roots. Financial mathematics including compound interest, present value and loan repayments. Collection of data and sample surveys.

Year 2

1. Financial Accounting

This module aims to enable students to demonstrate understanding of auditing principles and regulation in the context of business organizations in the UK and to apply audit procedures in a variety of simple practical situations.

2. Auditing in Context

This module aims to enable students to demonstrate a detailed understanding of auditing principles and procedures applicable to business organizations and to select and apply those procedures in a variety of practical situations.

3. Taxation

This is an introductory module to the UK Tax System. It aims to create familiarity with the principles, scope and mechanics of income tax as well as National Insurance Contributions. It also assesses the impact of the tax system on unincorporated businesses.

4. Management Accounting

The module will provide an insight into the workings of Management Accounting at a more advanced level within modern day business. It looks at the principles of arriving at a cost of a product or service and then goes onto looking at the various management accounting techniques that will be useful to a manager working in business.

5. Financial Management

The module aims to provide an understanding of finance functions in a corporate context, focusing on methods of internal management of funds and investment decision-making together with related topics and an understanding of the underpinning theory.

6. Business and Corporate Law

This module examines the essential requirements of a valid contract: the distinction between offer and invitation to treat; acceptance, consideration, discharge through frustration and remedies for breach of contract. In the area of corporate law, this module will examine the consequences of corporation, the company’s constitution, raising of fi nance and the management of a company limited by shares.

Year 3

1. Financial Reporting

This module is designed to equip students with the skills to propose appropriate solutions to a range of financial accounting problems; to critically appraise the international approach to financial reporting and to analyse company performance from financial reports.

2. Performance Management and Control

This module is designed to facilitate decision-making by developing management accounting techniques for planning and control. It also aims to ensure students are competent to prepare and analyse accounting data, apply it to a range of planning, control and decision-making situations and adapt it to change.

3. Corporate Finance

The module explains and discusses the function and purpose of company fi nance with a focus on the external environment. The following areas are explored: capital markets, sources of funds and market effi ciency; business valuations and mergers and acquisitions; the management of risk, in particular foreign currency and interest rate risk; international investment.

4. Analysis Report on Current Issues in Accounting and Finance

This module will draw together all previously studied knowledge from the degree and from general interest. The project must, however, consist of at least 40% accounting or finance input. The project will be an investigation of a problem or a situation with the object of collecting appropriate information, analyzing it, arriving at logical conclusions, making recommendations and writing a report.

5. Auditing

6. Personal and Corporate Taxation

This module will provide advanced knowledge of the UK Tax System. It aims to provide further familiarity with the practices of tax, scope and mechanics of income tax as well as National Insurance Contributions. It also assesses the impact of the tax system on unincorporated businesses.

Assessment

Year 1

Introduction to Financial Accounting
In-class test 40%,
Exam 60%

Professional Skills
Presentation/Viva 100%

Workplace Employability Skills
Report 30%,
Presentation and Interview 70%

Introduction to Management Accounting
In-class test 40%,
Exam 60%

Introduction to Economics
Assignment 40%,
Exam 60%

Quantitative Methods
In-class test 40%,
Exam 60%

Year 2

Financial Accounting
Assignment 40%,
Exam 60%

Auditing in Context
Assignment 40%,
Exam 60%

Taxation
Assignment 40%,
Exam 60%

Management Accounting
Assignment 40%,
Exam 60%

Financial Management
Assignment 40%,
Exam 60%

Business and Corporate Law
In-class test 40%,
Exam 60%

Year 3

Financial Reporting
Assignment 40%,
Exam 60%

Performance Management & Control
Assignment 40%,
Exam 60%

Corporate Finance
Assignment 40%,
Exam 60%

Analysis Report on Current Issues in Accounting and Finance
Project 100%

Auditing
Assignment 40%,
Exam 60%

Personal and Corporate Taxation
Assignment 40%,
Exam 60%

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BA (Hons)
Accounting and Finance

(3 Years)

Course Objectives

Benefits

Aims

Teaching Methods

Exemptions from Professional Bodies

Recognition

Commencement

Admission Requirements

Duration

Accreditation

Apply

Contact

Brochure

Year 1

Year 2

Year 3

Module Aims

Year 1

Year 2

Year 3

Assessment

Year 1

Year 2

Year 3

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