European University Cyprus

Accounting (Bachelor of Business Administration)

Description

The work of the accountant encompasses a wide range of activities including auditing, accounting, financial planning, budgeting and management consulting. All students majoring in Accounting can obtain exemptions from examinations of the following professional bodies:

  • The Association of Chartered Certified Accountants (ACCA)
  • The Institute of Chartered Accountants in England and Wales (ICAEW)
  • The Association of International Accountants (AIA)
  • Chartered Institute of Management Accountants (CIMA)
  • Chartered Institute of Bankers (CIB)
  • Certified Accounting Technicians (CAT)
  • Association of Accounting Technicians (AAT)

 

For more detailed information regarding the courses and papers exempted please see here

 

Advisory Board

 

The language of instruction of the program is English

General Objectives

  • to develop the student’s capacity to think, write and speak effectively and creatively
  • to develop an appreciation of and respect for social, moral, and ethical values as the foundation of one’s relationship to others and one’s responsibilities to community and country;
  • to develop the student’s analytical, decision-making and communication competencies together with those qualities of self reliance, responsibility, integrity and self-awareness which will promote personal achievement and contribution to organizations;
  • to build breadth of perspective through the general education requirements and provide sufficient specialization to meet basic professional and career requirements;
  • to provide the student with the basic requirements for academic and/or career advancement.

Specific Objectives

  • To provide students with a foundation in Business in general and Accounting in particular.
  • To prepare students for careers in industry, public accounting, government and various institutions.
  • To enable students to respond positively and effectively to the role that the accountant fulfils in the reporting and analysis of financial data.
  • To center attention on the skills and knowledge required by the profession of Accounting and to help students acquire knowledge and develop skills in a systematic way.
  • To assist the students in developing leadership capabilities, which can be used in reaching solutions to problems of Business in general, and Accounting in particular.

Learning Outcomes

  1. Demonstrate their ability to communicate effectively in business situations through speaking, writing, and by use of electronic media.
  2. Demonstrate their ability to build teams and work effectively within them.
  3. Demonstrate awareness and capability of analysis of environmental (economic, social, political, legal, and ethical) trends and their impact on individuals and businesses.
  4. Describe the application of manual and computer-based quantitative and qualitative tools and methodologies in identifying and solving problems and making decisions in business situations.
  5. Critically evaluate and apply concepts, techniques, strategies, and theories from any appropriate discipline in business contexts.
  6. Be aware of the regulatory environment and professional bodies that impact the accounting profession
  7. Appreciate and demonstrate the capacity to apply International Standards and practices
  8. Demonstrate the use of current accepted technical language of accounting and accounting practice internationally
  9. Recognize the limitations and uncertainties of practice and alternatives offered, within the discipline of accounting
  10. Understand and apply accepted techniques to the recording of business transactions and the preparation of financial statements
  11. Appraise the performance and financial situation of organizations
  12. Select and apply management accounting techniques to practical situations
  13. Critically evaluate contemporary theories and empirical evidence in accounting
  14. Have the opportunity to complete the degree as part-qualified Chartered Certified Accountants arising from the significantly greater degree recognition/credit afforded to the degree programme by the Institute of Chartered Certified Accountants.

Employment Opportunities

Public Accountant, Government Accountant, Internal Auditor, Financial Controller, Corporate Accountant, Mergers and Acquisitions Consultant, Investment Banker.

Degree Requirements


All students pursuing a Bachelors degree in Business Administration majoring in Accounting must complete the following requirements:



Degree Requirements Credits ECTS
General Education Requirements 42 76
Business Core Requirements 42 78
Major Requirements 39 76
Free Electives 6 10
Total Requirements 129 240


General Education Requirements 42 Credits 76 ECTS
Economics 6 10
Code Course Title Credits ECTS
ECO101 Principles of Microeconomics 3 5
ECO102 Principles of Macroeconomics 3 5
English and Communication 12 21
Code Course Title Credits ECTS
COM101 Public Speaking 3 5
ENG103 Instruction in Expository Writing 3 6
ENG205 Business English 3 5
N/A Communication Elective 3 5
General Education Elective 3 5
Code Course Title Credits ECTS
N/A General Education Elective 3 5
Humanities & Social Sciences 18 35
Code Course Title Credits ECTS
N/A History 3 5
N/A Psychology 3 6
N/A Sociology 3 6
N/A Anthropology, Philosophy,Political Science, History, Psychology or Sociology 9 18
Mathematics 3 5
Code Course Title Credits ECTS
MAT115 Statistics I 3 5


Business Core Requirements 42 Credits 78 ECTS
Code Course Title Credits ECTS
ACC112 Introduction to Financial Accounting 3 5
ACC113 Introduction to Managerial Accounting 3 5
BUS101 Introduction to Business 3 5
BUS111 Finite Mathematics for Business 3 5
BUS201 International Business 3 5
BUS215 Business Research 3 6
BUS401 Business Policy and Strategic Management 3 6
BUS410 Senior Project 3 10
CSC190 Computer Fundamentals and Applications 3 5
FIN101 Essentials of Financial Analysis 3 6
LAW101 Business Law I 3 5
MAR101 Introduction to Marketing 3 5
MGT101 Principles of Management 3 5
MGT205 Organizational Behavior 3 5


Major Requirements 39 Credits 76 ECTS
Code Course Title Credits ECTS
ACC103 Principles of Accounting 3 6
ACC201 Intermediate Accounting I 3 5
ACC204 Intermediate Accounting II 3 6
ACC211 Tax Framework or 3 6
ACC213 Cyprus Taxation 3 6
ACC303 Introduction to Auditing 3 6
ACC306 Advanced Financial Reporting/Consolidations 3 6
ACC309 Advanced Cost & Management Accounting 3 6
ACC406 Performance Management I 3 6
Accounting Electives 15 30

Students select five (5) of the following courses)

Code Course Title Credits ECTS
ACC211 Tax Framework or 3 6
ACC213 Cyprus Taxation 3 6
ACC308 Computer Applications in Accounting 3 6
ACC310 Advanced Financial Reporting 3 6
ACC311 Advanced Business Taxation 3 6
ACC403 Advanced Audit and Internal Review 3 6
ACC405 Special Topics in Financial Accounting 3 6
ACC407 Performance Management II 3 6
ACC409 Financial Management and Control 3 6
ACC410 Accounting Internship 3 8


Free Electives 6 Credits 10 ECTS



  1. The General Education, Humanities and Social Sciences Elective Courses can be found in the booklet courses of instruction
  2. No more than two courses can be taken from a discipline unless otherwise specified.
  3. The Accounting Electives must be selected from the following courses: ACC 211, ACC 213, ACC 308, ACC 310, ACC 311, ACC 403, ACC 405, ACC 409, ACC 410.