School: School of Business

ACCOUNTING

Academic year

2022-2023
Taught Language: English

Course Summary

PROGRAM OBJECTIVES


The Bachelor’s degree of Accounting intends to provide a rigorous academic approach to accounting with a focus on
practical skills and employability. The program seeks to prepare the students for the real business world challenges
at national and international levels through the continious updates of the curricula. Our program must meeth the regular
changes in career opportunities and further academic studies, and of course the professional certifications such as
the Institute of Chartered Accountants in England and Wales (ICAEW) regarding ACA qualification and the Association
of the Association of Chartered Certified Accountants (ACCA). This program of study is designed to provide 12 ACA,
and 9 ACCA exemptions. In particular, the degree will provide outstanding grounding opportunities for employment
in business and commerce. Overall, expect our graduates to be endowed with high professional and ethical standards
to act in a socially responsible manner.


LEARNING OUTCOMES


- Understand and explain the general purposes and functions of Accounting
- Recognize key financial statements and their components and how the information from business transactions
flows into these statements
- Understand and explain a range of advanced Accounting issues relating to Financial Accounting within a global
and ethical framework
- Discuss several tax issues and prepare tax forms in relation to individuals and companies

Career Prospects

Modules

General Education Courses


ENG 101 English Composition Writing 6
MAT 101 Mathematics I 6
MAT 102 Mathematics II 6
MAT 201 Business Statistics I 6
MAT 202 Business Statistics II 6
MIS 128 Business Information Technology 6


Accounting and Finance Core Requirements


ACF 101 Financial Accounting I 6
ACF 102 Financial Accounting II 6
ACF 120 Introduction to Finance 6
ACF 201 Managerial Accounting & Costing I 6
ACF 202 Financial Statement Analysis 6
ACF 210 International Economics and Finance 6
ACF 220 Corporate Finance I 6
MKT 201 Introduction to Marketing 6
MGT 102 Introduction to Management 6
ECO 101 Principles of Microeconomics 6
ENG-BC 201 Business Communication Skills 6
BUS-E 202 Business Ethics and CSR 6
BUS-L 202 Business Law 6
ECO 102 Principles of Macroeconomics 6
MGT 330 Organizational Behavior 6
MGT 480 Strategic Management and Policy 6


Major Requirement


ACF 315 Taxation I - CY 6
ACF 321 Auditing I 6
ACF 311 Introduction to Econometrics 6
ACF 330 Corporate Finance II 6
ACF 381 Financial Reporting I 6
ACF 322 Auditing II 6
ACF 325 Taxation II - CY 6
ACF 302 Managerial Accounting & Costing II 6
ACF 411 Auditing & Assurance I 6
ACF 482 Financial Reporting II 6
ACF 403 Advanced Managerial Accounting 6
ACF 470 Current issues in Financial Reporting and Practice 6
ACF 370 International Financial Management 6


Elective Courses: At Least 2 Modules that offered by the Department of Accounting and Finance, and up to 2 electives offered from departments of other faculties


Business Administration Program


MGT 320 Performance Management 6
MGT 326 Globalization 6
MGT 420 Operations Management 6
MGT 455 Supply Chain Management 6
MGT 365 Leadership and Motivation 6



Finance And Investment Program


ACF 301 Banking and Financial Markets 6
ACF 410 Financial Risk Management 6
ACF 420 Investment and Portfolio Management 6
ACF 320 Financial Derivatives 6
ACF 312 Financial Econometrics 6
ACF 350 Valuation and Securities Analysis 6
ACF 460 Trading in Financial Markets 6
ACF 450 Behavioral Finance 6
ACF 424 Internships I or Undergraduate Thesis I 6
ACF 425 Internships II or Undergraduate Thesis II 6
ACF 461 Business Planning Banking I 6
ACF 471 Business Planning Taxation I (UK) 6
ACF 335 Taxation Compliance I (UK) 6
ACF 435 Taxation Compliance II (UK) 6
ACF 472 Business Planning Taxation II (UK) 6
ACF 412 Auditing & Assurance II 6
ACF 462 Business Planning Banking II 6


 Total 240

Assessment Method

-

How to apply

The following must be fulfilled for a student to be admitted:


High school leaving certificate or its equivalent and Marksheet

Proficiency in English:
∙ TOEFL score of 550 paper-based, 213 computer based, and 79 for Internet based or
∙ IELTS with a score of 6, however students that score between 5.5 & 6 will attend supporting classes for the first year or
∙ IGSCE grade “C”


Students who have not taken any of the above exams can opt for AUCY’s English Entrance Test.


EACH APPLICATION FOR ADMISSION SHOULD INCLUDE:


∙ A completed application form
∙ Copies of the high school leaving certificate with the Marksheet
∙ Evidence of English language proficiency
∙ Medical report

Application deadline

Generally, the deadline for applying

for the Fall semester is end of August and

for Spring semester, end of November

Entry requirements

Qualification requirements

SOPHOMORE AND FIRST YEAR ADMISSION REQUIREMENTS

 

Applicants must hold a school leaving certificate or its equivalent, as determined by the Cypriot Ministry of Education,

in order to be eligible for the Sophomore or First-Year Class. All applicants must have completed their secondary

school education or the high school program, consisting of (or equivalent to) twelve years of schooling, to be considered

for admission to an undergraduate program, and hold a bachelor’s degree for admission to a graduate program.

Additional entry requirements

-

English language requirements

TOEFL: AUCY requires a minimum score of 550 for paper-based, 213 for computer-based, and 79 for internet-based.

IELTS: AUCY requires a minimum score of 6, however, if a student scores between 5.5 and 6, he or she will receive

supporting classes for the first year. Alternatively, students can sit for the AUCY English Entrance Test.

IGCSE: AUCY requires a “ C “ grade in English.

Students who have not taken any of the above exams can opt for the AUCY’s English Entrance Test.

Fees and funding

Application Fees

9.100 Euro per academic year

Additional Fee information

-

Provider information

Main Contact

Florinis 11, Forum city bld, 503,

1065, Nicosia

Cyprus

Contact Person: U.A.G.C.

Phone: +35722778744

Email: info@uagc.eu