Msc in Accounting

Core Module s in Masters of Business Administration

For the core Module s in Business Administration, check the section of core

Majors Module s/ (Options)

1. Accounting (18 Credits)

ACCT 9214 Advance Financial Accounting & Reporting                                           10 Credits

This Module covers intermediate financial accounting practices and principles. Emphasis is given to the measurement, valuation and reporting of liabilities and stockholder’s equity and their effect on earnings determination. Complex topics considered include leases, pensions and other employee retirement benefits, deferred income taxes and earnings per share. Other topics include preparation of financial statements such as income statement, balance sheet and cash flow statement according to international accounting standards. It helps students to understand, interpret and analyze the general purpose of financial reports; understand differing accounting policies and their impact on financial statements; evaluate different types of performance measurement systems in accounting and commonly used financial control systems; demonstrate knowledge of management accounting concepts and techniques; and make sound financial decisions in real world settings. It highlights the understanding of International Accounting Standards Board Conceptual Framework in which the global norms of accounting are discussed, in terms of International Accounting Standards and International Financial Reporting Standards (IFRS) are majorly discussed.

ACCT 9222 Advanced Taxation                                                                            10 Credits

This Module will cover topics such as theory of taxation, taxation of income of persons, capital deductions, tax administration-administration of income tax, administration of value added tax, administration of customer taxes and excise taxes, taxation of specific sources of income and other revenue sources. This Module will also cover advanced aspects of the taxation of business income, taxation of special activities and tax investigation.

ACCT 9222 Advanced Auditing and Assurance Services                                          10 Credits

This Module provides knowledge and understanding of the audit techniques and processes and their application to both the public and private sectors. Auditing theory, audit standards as well as professional ethics are also covered in the Module /module. The analysis and interpretation of the financial statements to facilitate decision making in the organization will also be discussed, as well as strategic approach and service assurance.

ACCT 9223 Forensic Accounting and Fraud Examination                                         10 Credits

This Module examines the introduction to forensic accounting and fraud examination, fundamentals of accounting information systems, roles of auditing in fraud investigation, fraud detection, evidence collection process and financial statements fraud examination. It highlights the auditors’ liability for detecting fraud, fraud schemes, red flags and fraud detection, fraud prevention and control, fraud risk assessment, computer- related fraud and the role of forensic accountant as an expert witness.

ACCT 9224 Advanced Management Accounting                                                    10 Credits

The Module examines the role of management accounting in decision making, types of decision making in an organization, cost-volume-profit relationships (CVP)/break even analysis, budgeting and budgetary control, dropping a segment and making or buying decision, decision making under risk and uncertainty. It discusses the issues of activity- based costing systems, project costing, among others.