About the University

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For more information about the university, log on to http://www.port.ac.uk

About the Programme

This programme is designed for those seeking a career in Accounting, Banking and Finance. The programme is also appropriate for prospective executives who would like to acquire knowledge of book-keeping to record a company’s financial performance, accounting transactions and financial accounting and Business Finance for the purpose of strategic planning and management account reporting and analysis.

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Benefits of the Programme

From this programme, students are able to grasp the fundamental knowledge of Accounting with the following benefits:

• Gain an overview of the Accounting and Finance industry and develop an awareness of current financial accounting and taxation practices and future directions
• Benefits one’s learning aspirations in career startup with direct application of concepts learnt to work environment
• Increase employability with the attainment of an Informatics Academy Certification
• Complete progression from Diploma to BA (Hons) Accountancy Studies with UOP leading to a Straight Career Pathway
• Guarantee of a sound education because of extensive tutorial support and teaching environment
• Enjoy taught classes and curriculum with full-time lecturers tailored to suite learners’ study schedule and needs
• Students can also choose to go on-campus to complete their accountancy studies degree with advanced standing with the prestigious Universityof Portsmouth
• Attain a degree in a shorter time frame with exemptions leading to greater savings

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Recognition

Upon completion, the University of Portsmouth will award the student with the Bachelor of Arts (Hons) in Accountancy Studies certificate.

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Programme Structure

Students have to complete the following modules

Core modules:
Financial Case Studies Analysis
Advanced Financial Accounting
Auditing
Accounting for Strategic Management & Control
Taxation
Management Case Studies Analysis
Advanced Business Finance

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Financial Case Study Analysis

Aims:
1. To develop activity-based learning using case study analysis
2. To use this learning method to demonstrate the application of financial accounting techniques within actual case scenarios.

Learning Outcomes:
On successful completion of this unit students will be able to:

• Apply knowledge of financial accounting techniques to explain items in published financial statements
  
• Apply knowledge of financial accounting theoretical developments to items in published financial statements

Syllabus Outline:

• Introduction to case study method
  
• The main elements of the syllabus will be change from year to year in order to reflect contemporary themes but may include:
  o Cash flow statements
  o Segmental reporting
  o Foreign currency translation
  o Environmental reporting
  o Goodwill

Assessment Strategy:
The learning outcomes will be assessed partly by student contribution and participation in the formulation of the group response to the case-study tasks undertaken in workshop sessions and the plenary sessions, and partly by a short individual report submitted after each case study.

Assessment Strategy:
Coursework: 100%
Comprising: Contribution, participation in group sessions and presentations
Submission of individual reports

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ADVANCED FINANCIAL ACCOUNTING (AFA)

Aims:
1. To provide students with knowledge and understanding of the intellectual foundations of accounting thought and the evidence that accounting numbers have explanatory power and/ or predictive power.
2. To provide skills in calculation and analysis of income measurement problems.
3. To encourage students to apply their understanding of concepts in accounting to a range of issues in external financial reporting.

Learning Outcomes:
On completion of the unit students will be able to:

Demonstrate an understanding of the financial regulation context in which UK financial reporting operates and of the aspects of the main technical language and practices relating to specific topical areas of financial reporting including alternative practices.

Analyse and present information in conformance with current practice relating to specific topic areas.

Demonstrate an understanding of, and critically analyse, theories and empirical evidence concerning financial reporting in the context of financial markets.

Syllabus Outline:

• Overview of Accounting Theory
  
• International Financial Reporting Standards (IFRS)
  
• Conceptual Framework: Objectives; Financial Statements; Elements; Qualitative; characteristics; Recognition; Measurement
  
• Income Measurement and Accounting for Changing Prices
  
• Empirical Perspective
  
• Role of the regulatory framework in UK corporate reporting
  
• Financial reporting in practice
  
  Weight
  Coursework 25%
  Examination 75%
  100%

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AUDITING

Aims:
1. To prepare students to become professional auditors
2. To acquaint students with the legal and regulatory framework surrounding the audit process
3. To acquaint students with auditing concepts, procedures and development
4. TO enable students to develop methods of evaluation by objectives and to judge outcomes and processes using these methods.

Learning Outcomes:
On completion of this unit the student should be able to:

• Describe and critically appraise the role and responsibility of auditors, both statutory and non statutory
  
• Understand and explain an audit with reference to auditing principles, procedures and techniques
  
• Apply auditing principles, procedures and techniques to practical situations
  
• Discuss new developments in auditing
  
• Formulate criteria and use them to evaluate performance to objectives

Syllabus Content:

• Theory of auditing
  
• Legal and regulatory framework for auditing in the UK
  
• Audit methodology, including sampling
  
• Auditing an information technology
  
• Current issues and new developments in auditing and the role of the auditor

Assessment Strategy:
Weight
Coursework 25%
Examination 75%
100%

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ACCOUNTING FOR STRATEGIC MANAGEMENT AND CONTROL

Aims:
1. To develop in students an awareness and appreciation of current developments in management accounting to meet the needs of strategic management
2. To develop in students an understanding of management control issues in large, complex and diverse organizations.
3. To provide an appropriate skills base for the formulation of management accounting information solutions to problems of a strategic management and/or management control nature.

Learning Outcomes:
The students upon completing this unit should be able to:

• Appreciate how management accounting fits into the overall strategic management and management control process within organizations, including theoretical perspectives.
  
• Utilise management accounting tools and techniques to solve strategic problems formulated within an organizational context
  
• Utilise management accounting tools and techniques to solve management control/performance measurement nature within the organizational context.
  
• Critically evaluate the strengths and weaknesses of theses alternative management accounting tools and techniques in differing orgnisational, behavioural and political settings.

Syllabus Outline:

• Strategic management and the role of management accounting
  
• Strategic cost allocation systems (ABC)
  
• Activity Based Management (ABM)
  
• Customer focus (Customer profitability analysis and segmental reporting)
  
• Competitor profitability
  
• Costs as a strategic management objective (target Costing)
  
• Accounting for Quality
  
• Environment Management Accounting
  
• Responsibility Accounting
  
• Performance Measurement Issues (e.g. transfer pricing)
  
• Executive Reward Schemes (Executive Compensation Plans)
  
• Organisational and behavioural issues
  
• Application to not for profit organizations
  
• Application to advanced manufacturing technology environments

Assessment Strategy:
Weight
Coursework 25%
Examination 75%
100%

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TAXATION

Aims:
1. Examine critically the personal and business taxation structure of the United Kingdom
2. Apply relevant legal principles and authorities to the analysis of practical tax problems
3. Evaluate legal authorities; determine their relative strengths and weaknesses and resolve conflicting authorities
4. Make a critical study of UK Capital Taxes, Capital Gains Tax and Inheritance Tax
5. Acquire a basic knowledge of techniques of calculation of personal and business tax calculations.

Learning Outcomes:
On completion of this unit a student should be able to:

• Supply legal methodology to the solution of practical tax problems
  
• Demonstrate a working knowledge of the relevant Statue Law and Case Law developed to interpret it
  
• Calculate income tax payable for an individual or sole trader
  
• Perform necessary calculations of capital gains tax payable by applying stature and case law
  
• Appreciate the differences between corporation tax and income tax and perform calculation of corporation tax payable for a limited company.

Syllabus Outline

• The Schedular System, residence
  
• Administration and Appeals, payments dates, interest and penalties
  
• Personal computations, allowance, reliefs and charges
  
• Schedule E: Offices and Employment, PAYE, Benefits in kind
  
• Schedule D Cases I and II: Trades and Professions, Bases of Assessment, Capital Allowances and Loss Relief
  
• Partnership Taxation
  
• Schedule A: Land and Property, Furnished lettings, Furnished holiday lettings
  
• NIC
  
• Tax Planning for employment
  
• Corporation tax: imputation system, computation of profits chargeable to CT, Pay and File
  
• Calculation of liability, small profit and taper relief, distributions and ACT, loss relief
  
• VAT
  
• Capital Gains Tax: Chargeable assets, persons, disposals, indexation, chattels and wasting assets, shares and securities, principle private residence relief, other reliefs
  
• Tax Planning: Families, trusts and capital taxes
  
• Critical analysis of the current tax system, possible reforms.
  
  Assessment Strategy:
  Weight
  Coursework 25%
  Examination 75%
  100%

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Management Case Study Analysis

Aims:
1. To develop activity-based learning using case study analysis
2. To use this learning method to demonstrate the application of management accounting techniques within actual case scenarios

Learning Outcomes:
On successful completion of this unit students will be able to:
Apply knowledge of management accounting techniques to resolve business problems
Apply knowledge of management accounting theoretical developments to issues in business and management.

Syllabus Outline:
Introduction to case study method
The main elements of the syllabus will change from year to year in order to reflect contemporary themes but may include:
Activity based approaches including business process re-engineering and activity based costing
Life cycle costing
Target costing
Customer Profitability analysis
Performance Measurement Systems
Management Control Systems

Assessment Strategy:

Coursework: 100%

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Advanced Business Finance

Aims:
1. The course continues on from the second year Business Finance unit and completes the coverage of all of the standard topics in the corporate finance literature. The unit covers the theory and empirical research on each topic, and discusses the practical applications of the theories and techniques to real world financial management. The unit also discussed the relevant descriptive material on financial markets, institutions and instruments.
2. A number of special topics are also treated in the course. The special topics covered may vary from year to year depending on lecturers' expertises and on current practical and theoretical developments.

Learning Outcomes:
On successful completion of this unit, students should be able, at threshold
level, to:
1 Demonstrate an understanding of the relevant descriptive material, covering financial markets, institutions and instruments.
2 Demonstrate an understanding of the theory and empirical research. Analyse situations from data provided and calculate relevant parameters.
3 Explain and evaluate the practical applications of financial theory to financial management.

Syllabus Outline:
The topics covered in the unit will include:
1 Mergers and takeovers, corporate re-structuring and liquidation
2 Advanced topics on capital budgeting
3 Dividend policy
4 Capital structure
5 Capital asset pricing theory: CAPM, APT
6 Options, futures, forwards and swaps
7 Management of interest rate and currency risk
8 Special topics: Small business finance Time diversification

Assessment Strategy:
Weight
Coursework 25%
Examination 75%
100%

Advancement Pathway

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Assessment Structure

The assessment structure for this programme is by assignments, project and examinations.

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Entry Requirements

• Applicants must be aged 20 years and above
• International Advanced Diploma in Accounting or
• Any other qualifications accepted by UOP for admission into the above programme, on a case by case basis

To find out if your existing qualification meet the entry requirement, email us

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Contact Us

Contact us to find out more about our programmes.

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