Speciality: Finance and Accounting
Specialization: Financial Audit
Awarded qualification: Master in Economics
Level of qualification: Master
Length of programme: one year / one and half year / two years
Number of credits: 60 / 90 / 120
Field(s) of study (ISCED-F): 0411: Accounting and Taxation
Specific admission requirements: A degree with an average mark "Good" and an entry exam.
Specific arrangements for recognition of prior learning: The head of front office "Master’s degree programmes" and the technical assistant to the Master's degree program provide initial information about the application and enrollment: phone numbers - 052/359-525, 052/359-513; 052/359-639; e-mail: email@example.com
- university diploma and a set of papers submitted duly and within the prescribed period;
- accession examination - a test;
- candidate ranking and enrollment;
Qualification requirements and regulations, including graduation equirements*: The duration of study for:
- Professional Bachelor’s degree holders in economic majors - 4 semesters for full-time and part-time courses - 120 credits.
- Bachelors’ degree holders in non-economic majors - 3 semesters for full-time and part-time courses - 90 credits.
- Bachelors’ degree holders in economic majors - 2 semesters for full-time and part-time courses - 60 credits.
Part-time courses are 50% of the number of lectures and seminars for full-time trainees.
Profile of the programme: The Master's degree program in Financial Audit is designed for a broad-based and specialized training and education of students with professional interests in economy, finance, accounting, business law, financial law, auditing, taxation, tax control and more. The education obtained is the basis for successful implementation in the field of audit. In the presence of the necessary regulatory requirements and internships and after passing the exams, according to the normative acts, the graduates of the Master's program "FINANCIAL AUDIT" may obtain the qualification of Certified Public Accountants. In connection with the latter, the curriculum of the specialty envisages a large part of the necessary disciplines under the Independent Financial Audit Act.
Programme learning outcomes: The curriculum and curricula provide in-depth and specialized broad-based training in finance, accounting and auditing, with a focus on EU finance; development of financial markets; financial statements; business combinations, investments and consolidated statements; analysis of financial statements, taxation and tax control, etc. During the course students acquire knowledge about the organization and methodology of financial audit, tax control, preparation of financial statements, internal audit, substantiation and suggestion of effective management decisions as a result of analysis and evaluation of economic conditions, required legal culture in the field of commercial law. The training in the profile disciplines is organized and carried out in accordance with the contemporary development of theory and practice in the relevant scientific field.
Programme structure diagram with credits *:
|№||ECTS Code||Course Title||Lectures and seminars||Out-of-class workload||Number of credits|
|1||ECO1067||Micro and macroeconomics||60||120||6|
|3||INF1034||Information systems and technologies||60||120||6|
|4||SOC1094||Professional ethics and independence||60||120||6|
|5||FIN1163||Financial management systems||60||120||6|
|Total for semester I||300||600||30|
|2||ACC3148||Globalization of accounting||30||60||30|
|4||LAW3346||Labor and social security law||45||90||45|
|5||FIN3294||Taxation and tax control||45||90||45|
|7||Optional course IІ semester||30||60||3|
|Total for semester II||300||600||30|
|Total for year 1||600||1200||60|
|3||ACC3133||Analysis of financial statements||30||60||3|
|4||ACC3129||Audit approach and audit practice||45||90||4,5|
|5||FIN3295||Public Sector Audit||45||90||4,5|
|6||Optional course IІІ semester||60||120||6|
|7||Elective course IІІ semester||30||60||3|
|Total for semester IIІ||300||600||30|
|1||FIN3343||Risk management and internal control||45||90||4,5|
|2||FIN3229||Business combinations and consolidated||45||90||4,5|
|3||Optional course IV semester||30||60||3|
|4||Elective course IV semester||30||60||3|
|Total for semester IV||150||300||15|
|Total for year 2||450||900||45|
|Master's Thesis Defence||300||15|
|Total for the entire course of study :||1050||2400||120|
|Optional courses, choose 4 from 8|
|3||FIN3241||Independent financial audit||30||60||3|
|5||ACC 3130||Audit of projects and audit related services||30||60||3|
|6||INF 3135||Accounting Software||30||60||3|
|7||ACC 3127||Management accounting||30||60||3|
|Elective courses, choose 2 from 6|
|2||FIN3345||Financial dimensions of business risk||30||60||3|
|4||LAW 3252||Tax law||30||60||3|
|5||MAN 3391||Mergers and acquisitions||30||60||3|