Accounting and Finance

This is one of the best paths into the accounting profession and combines a rigorous academic programme with technical training. Accounting and Finance at UCLan has accreditation from a number of prestigious professional bodies, including the Institute of Chartered Accountants in England and Wales (ICAEW), the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA). You’ll develop your intellectual capacity, analytical skills and have a strong knowledge and understanding of accounting, enabling you to work in audit, tax and accountancy businesses as well as in financial functions within other organisations.

Why study this course?

It provides the perfect basis to move forward to becoming a chartered accountant.

• BA (Hons) Accounting and Finance will provide you with a valuable insight into the nature of the accounting process and its varied applications in business life. It includes subjects which are fundamental to an understanding of the financial position of an enterprise and equally importantly examines other disciplines which recognise that business success cannot simply be measured in financial terms.
• The course recognises the challenges and limitations encountered by placing excessive reliance upon financial information as the major source of information for business and personal decisions. The subjectivity and flexibility which underlies much financial and management information is examined and their consequences explored.
• You will also have the option to study your second year at our Cyprus campus.
• Take advantage of the optional 48-week paid placement within industry in Year 3. Providing a great opportunity to experience the real work and put theory into practice in a professional business environment.
• Added value is included within the course in the form of practical Sage and SAP workshops.
• This programme is aimed at students who wish to gain accreditation from the Institute of Chartered Accountants of England and Wales (ICAEW), the Chartered Institute of Management Accountants (CIMA) and Association of Chartered Certified Accountants (ACCA).
• ACCA (the Association of Chartered Certified Accountants) is the fastest growing, most supportive gateway to your career in accountancy, finance, business and management. The ACCA Qualification will arm you with the skills and experience to build a successful career anywhere in the world. With strong presence in 181 countries around the world, your skills will be in demand internationally.
• ACCA offers you flexibility through unique option papers. This gives a broad, yet thorough set of skills as well as an opportunity to specialise in whichever area you wish, from audit to management accounting. You don’t have to choose your specialism until later in your studies, giving you time to decide where your interests lie.

A 3 year degree qualification typically comprises 360 credits and each 20 credit (a standard module) equates to 200 hours of study, which comprises of a mixture of lectures, seminars, tutorials, practical sessions and independent study. Independent study is an important aspect of your degree course. The exact combination of study time will be detailed within your module descriptors, and will depend on your option choices.

You will benefit from a variety of teaching and learning methods including: lectures, seminars, practical workshops, group activities, personal research and case studies. Personal study and independent research also form an integral part of the course. Some modules are part web-based with links to organisations such as professional bodies.

Assessment includes essays; reports; oral presentations; group assessments; investigating companies and tackling briefs from industry. All module final assessment, with the exception of the Introduction to Personal & Professional Practice module, are in the form of written exams. Assessment weighting for each module is typically, 30% Coursework, 70% exam.

During your first year you will, on average, attend between 14 and 16 hours of formal study per week. In the second and final year attendance will typically be between 12 -14 hours per week. During the optional placement you follow the normal work pattern of your chosen company.

Many of the tutors are chartered accountants with years of industry experience and several hold PhDs.

The Business School's state-of-the-art Greenbank and Brook buildings are in the middle of the campus offering a comprehensive range of study, learning and social facilities including a cybercafé and easy access PC workstation rooms.

Year 1

• Introduction to Financial Accounting
• Introduction to Management Accounting
• Information Systems and the Business Environment
• Introduction to Economics
• Law for Accounting
• Introduction to Personal & Professional Practice

Year 2

• Financial Accounting
• Management Accounting
• Finance for Managers
• Accounting Information Systems and Control Issues
• Companies and the Law
• Taxation Theory and Practice

Year 3

• Optional work placement/ study year in Cyprus

If work placement or study in Cyprus is taken in Year 3, then:

• Advanced Financial Accounting
• Advanced Management Accounting
• Auditing Theory and Practice
• Corporate Finance
• Advanced Taxation Theory and Practice
• Business Strategy

Our typical offer is 112 UCAS Points.  We operate a flexible admissions policy and treat everyone as an individual. This means that we will take into consideration your educational achievements and predicted grades (where applicable) together with your application as a whole, including work experience and personal statement. General Studies accepted.

BTEC Extended Diploma: Distinction, Distinction, Merit
Pass Access to HE Course: with 120 Points
International Baccalaureate : Pass Diploma with 120 UCAS points from Higher Level Subjects
IELTS: Grade 6.0 with no score lower than 5.5
GCSE: 5 GCSEs at Grade C/4 including Maths and English or equivalent