| LC410Level 8 | | Business, Education & Social Sciences |
Bachelor of Arts (Honours) in Accounting and Finance (Level 8)
| Programme Description | | The BA (Honours) Degree in Accounting and Finance is an excellent springboard from which to launch a professional career in accountancy or finance. This Level 8 programme of three years’ duration has been designed to ensure that its graduates can respond to the needs and expectations of the modern accountancy profession. It has been carefully planned to equip students with extensive accounting and finance knowledge and a sound understanding of the modern business world. Over the course of this degree, students will develop a good mix of subject-specific, technical and more general transferable skills.
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| Entry Requirements: | | Leaving Certificate: A minimum of 2 Honours and 4 Passes in six Leaving Certificate subjects, including Mathematics and English/Irish. FETAC: A full FETAC Level 5 award with 3 Distinctions or FETAC Level 6 award. Mature: Refer to the admissions section.
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Modules: Year 1: | | Fundamental Accounting, Accounting for Costs, Business Maths, Management Principles, Communication Methods, Microeconomics, Accounting Principles, Accounting for Management, Business Statistics, Banking and Insurance, Business Applications, Macroeconomics.
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| Year 2:
| | Financial Accounting, Cost Accounting & Decision Making, Business Law, Taxation I, Interpersonal Communications, Managerial Economics, Corporate & Personal Responsibility, Commercial and Corporate Law, Taxation II, Computerised Accounting Applications, Organisational Theory, Management Information Systems.
| | Year 3:
| | Financial Reporting I, Advanced Accounting for Management Control, Principles of Financial Management, Research Project, Audit Planning (Elective), Fund Accounting (Elective), Strategy Planning, Financial Reporting II, Professional and Personal Development, Corporate Financial Management, Taxation III, Audit Implementation (Elective), Fund Accounting & Legislation (Elective), Strategy Implementation.
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| Duration: | | 3 Years
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| Class Contact Hours: | | 18 hours per week
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Top 3 Reasons to Choose:
| | 1 Developed to gain exemptions from the main accountancy bodies, the BA (Honours) in Accounting and Finance is particularly suited to students planning to qualify as professional accountants, one of the best established professions in the business world.
2 The programme offers students a competitive employability advantage through the provision of a significant finance and fund accounting element.
3 Graduates can obtain a Level 8 honours degree in three years.
| | What our Students say: | | ‘I have just completed my 3rd and final year of a BA (Hons) in Accounting and Finance in T.I. and am now on my way to begin a three and a half year internship with PricewaterhouseCoopers. This will enable me to become a qualified chartered accountant specialising in the area of auditing. The excellent delivery of course material coupled with a fantastic lecturer/student relationship gave me the confidence to apply for graduate positions in the top accounting firms, opening up an amazing opportunity to develop further, both personally and professionally. I have thoroughly enjoyed my time in the college and would definitely recommend the accounting and finance course for anyone who has high expectations, enjoys a challenge and welcomes an enjoyable and relaxed atmosphere.’
Vicki Shealy, Graduate 2011, First class honours degree.
| | Further Studies | | Graduates’ options for further study include programmes at Postgraduate Diploma (including a Postgraduate Diploma in Education), Master’s or, with appropriate grades, a Master’s Degree by research. Graduates who wish to pursue a professional accountancy qualification may qualify for significant exemptions from the following accountancy bodies: ACA, ACCA, CPA, CIMA and also the Irish Taxation Institute.
The BA (Honours) in Accounting and Finance was designed following close consultation with industry, students and the professional accountancy bodies to provide graduates with the skill set necessary to become effective problem solvers and decision makers. Across
the industry spectrum – from accounting practice, management, taxation and consultancy to banking, insurance and financial services – our graduates will offer employers a range of skills and expertise that is fundamental to the success of businesses operating in an
increasingly challenging global economy.
Graduates who wish to pursue a professional accountancy qualification may qualify for significant exemptions from the following accountancy bodies: ACA, ACCA, CPA, CIMA and also the Irish Taxation Institute.
Additionally, the BA (Honours) in Accounting and Finance is recognised as fulfilling the degree requirements for registration as a secondary school teacher of Accounting and Business and is supported by the Business Studies Teachers’ Association of Ireland(BSTAI). Graduates are therefore eligible to apply for the Postgraduate Diploma in Education.
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| For Further Information Contact: | |
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Fundamental Accounting{This module defines the fundamental bases of accounting, the application of double-entry system of book-keeping and the preparation of accounts, records and statements that form part of the double entry system.}Accounting for Costs{This module provides the student with an insight and understanding of the use of management accounting to provide information to enable management make better decisions in relation to costing and pricing of products and improving profitability.}Business Maths{This module aims to develop business computational and mathematical skills and concepts. It provides and demonstrates a systematic approach to dealing with numerical data in a business context. It also relates the practical application of these concepts in relevant business situations.}Management Principles{This module introduces students to the nature of business organisation and provides an appreciation in the fundamental concepts, principles and practices of management within the general business environment.}Communication Methods{This module raises the student’s level of competence in computing and in their development of an understanding of basic computing applications. It gives the student practical experience in the use of computer applications. It also addresses other methods of communication by giving students the necessary skills to write effectively.}Microeconomics{This module develops the student’s understanding of fundamental microeconomic concepts. It provides a framework that facilitates an understanding and analysis of the economic processes relevant for business decision making. It develops the student’s knowledge and understanding of economic models and tools in order to assess microeconomic developments and to enable the student to make valid judgements.}Accounting Principles{This module explains the conceptual and regulatory framework of accounting. Covers the preparation and presentation of financial statements for sole traders, companies and other organisations in accordance with current statutory requirements and standards.}Accounting for Management{This module develops the student’s understanding of a variety of costing techniques and the understanding of budgeting and standard costing and variance analysis as an essential tool for planning and controlling business costs. The student will also be introduced to emerging issues in the study of management accounting. }Business Statistics{This module introduces statistical concepts and computational skills for business. It prepares learners for the practical application of these concepts in relevant business situations. It also develops a systematic approach to dealing with statistical data.}Banking and Insurance{This module gives students a broad knowledge of the products offered by commercial banks and insurance companies covering products offered by retail banks, mortgages, insurance, life assurance and pensions. This module emphasizes the importance of finance and the individual.}Business Applications{This module covers the components of an Information Systems infrastructure through the acquisition of advanced practical skills to make effective use of Business Information Systems in a business setting. It gives the student practical experience in using accounting packages; it provides practical experience in using databases, and; it develops the student’s practical knowledge of using excel spreadsheets.}Macroeconomics{This module allows the student to develop an understanding of fundamental macroeconomic concepts, thereby enabling them to demonstrate a knowledge and comprehension of economic theories and frameworks in relation to the operation of the economy as a whole. The student will develop their understanding of macroeconomic processes relevant to the business environment.}Financial Accounting{This module provides the student with the ability to account for business combinations in a form suitable for publication incorporating application of relevant accounting standards, and an advanced knowledge of the regulatory and conceptual framework of accounting. Financial Accounting also equips students with the ability to analyse and interpret financial statements.}Cost Accounting & Decision Making{Cost Accounting and Decision Making builds on the skills learned in Accounting for Costs and Accounting for Management Control to provide students with an understanding of specialist cost accounting techniques and an awareness of the risks and uncertainty involved in decision making. On completion students will be able to distinguish between and apply costing systems and various techniques available to aid management control and decision making.}Business Law{This module imparts knowledge on those aspects of law which are an intrinsic part of business life. It allows the student to develop their competence in applying Business Law to the commercial environment and to recognise the need to seek further specialist legal advice where necessary. It allows the student appreciate the importance of legal issues when faced with key business management and development decisions.}Taxation I{This module aims to develop the students knowledge and skills in the area of personal tax and develop an appreciation of the operation of the Irish Tax system.}Interpersonal Communications{This module introduces students to the principles of effective communication and equips participants with tools for effective interpersonal communication and awareness of issues related to diversity.}Managerial Economics{This module provides a framework that facilitates an understanding of economic and financial analysis relevant for problem solving and decision-making in a business environment.}Corporate & Personal Responsibility{This module provides the student with an appreciation for the theory and practical aspects of corporate governance, auditing & the ethical issues facing firms, and an understanding of individual and social responsibilities, and of personal and professional ethical standards.}Commercial and Corporate Law{The module imparts a working knowledge of company and partnership law. It allows the student develop their competence to apply company law to the commercial environment and to recognise the need to seek further specialist legal advice when necessary. It allows the student appreciate the importance of legal issues when faced with key business management and development decisions.}Taxation II{This module aims to develop the students knowledge and skills in the areas of corporation tax, capital gains tax and value added tax.}Computerised Accounting Applications{Computerised Accounting Applications expands on students practical knowledge of using spreadsheets for accounting tasks and further develops practical skills in computerised accounting software packages (such as sage) as well as giving students practical experience in using an electronic taxation database (tax find).}Organisational Theory{This module examines organizational theory concepts and models, including those in the classical and contemporary fields. It explores the theories of organization-environment relationships, such as contingency and resource dependency theory. It also investigates alternative design options for organisational social structures.}Financial Reporting I{The module aims to provide students with the ability to account for business combinations in accordance with International accounting standards (IAS). It also equips students with the ability to understand the principles of and demonstrate an ability to apply IAS to a specified range of business transactions.}Advanced Accounting for Management Control{This module builds on the techniques learned in Cost Accounting and Decision Making and provides students with a more in depth knowledge of budgeting and management control systems, responsibility accounting and various performance measures, as well as an awareness of the many emerging management accounting issues and their use in gaining competitive advantage.}Principles of Financial Management{This module provides students with a good knowledge of the theoretical principles that underpin business finance and investment and also the practical application thereof.}Research ProjectThis module aims to develop students’ skills in formulation, conducting and presenting a research project. Students are introduced to the research process, and provided with the fundamental skills in research analysis, design and implementation.}Audit Planning (Elective){Audit Planning introduces students to the role of the external audit and its regulatory and ethical framework, the relationship between external and internal audit, and provides students with an understanding of the ethical and professional requirements that applies to a practicing accountant. On completion students will be able to plan and design audit procedures to test accounting and internal control systems.}Fund Accounting (Elective){This module is highly focused on the funds administration industry equipping students with the knowledge and skills to work is this specialized industry. It gives students a detailed understanding of the funds industry and fund structures, the various departments, and the ability to calculate the net asset value of a fund.}Strategy Planning{This module examines the theory and the practice of strategic management, the module provides the students with an understanding of the main concepts and elements of strategic management including strategic analysis strategy evaluation & choice.}Financial Reporting II{This module aims to equip students with the ability to understand the principles of and demonstrate an ability to apply IAS to a specified range of business transactions. It also equips students with the ability to demonstrate an understanding of the main accounting and ethical issues facing the accountant.}Professional and Personal Development{This module facilitates the students’ self awareness and development through the model of emotional intelligence. It develops an awareness of the challenges and steps to professional and personal development. It enhances the students’ interpersonal communication and develops an awareness of issues related to diversity and conflict management. It also develops the student’s skills and capacity in the areas of personal effectiveness.}Corporate Financial Management{This module aims to further develop the student’s knowledge of Investment, Financing and Risk Management decisions.}Taxation III{This module provides students with a knowledge and understanding of the corporation Tax System. Students will also understand the importance of tax planning.}Audit Implementation (Elective){This module provides students with the ability to apply audit techniques and prepare an audit report, and knowledge of auditor liability and additional reporting requirements imposed by Companies legislation.}Fund Accounting & Legislation (Elective){This module enhances the students’ ability to gain employment in the funds industry by developing the students’ knowledge of derivatives, capital structures and relevant legislation.}Strategy Implementation{Strategy Implementation examines the theory and the practice of strategic management, this module builds on the main concepts of Strategic Planning to investigate how different organisational contexts impact on aspects of strategic management and examine how strategies are realised and affected by the internal cultural and political processes operating in the organization.}
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Head of Department: Moya Breen | |
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