Code | EFR-FA-KR |
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Organizational unit | Katedra Finansów i Polityki Finansowej |
Level of education | After diploma |
Language(s) of instruction | English |
Duration | 2 semesters |
Required document | |
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Postgraduate programme Finance and Accounting – ACCA Pathway
Characteristics of the study
Purpose
The main objective of the postgraduate programme is to acquire knowledge not only of accounting and auditing, but also of finance and business law in the broadest sense. Graduates of this course will develop analytical, critical and independent thinking skills, which will enable them to comprehensively analyse the dynamically changing international economic reality. Studying in an international environment additionally offers a diversity of business experiences and perspectives.
The realisation of postgraduate studies "Finance and Accounting – ACCA Pathway" is part of the Development Strategy of the Krakow University of Economics by offering an educational programme containing theoretical and practical elements. The study programme is in line with the vision of the Krakow University of Economics as a University with an economic profile, extended by other fields of science. The studies prepare graduates to use the acquired knowledge and competences in the contemporary labour market, both in Poland and abroad.
Graduates of the postgraduate programme "Finance and Accounting – ACCA Pathway" will possess the knowledge necessary for any employee of a business entity applying International Accounting Standards. They will gain a thorough education, which is an important asset in today's job market. In particular, they will acquire knowledge in managerial, financial and legal aspects of running the business of various entities. They will acquire skills in accounting, auditing and corporate finance, from the measurement and documentation of business operations, through their recording, preparation of financial statements, their auditing, to the analysis of the entity's financial situation, which is the basis for decision-making in business entities.
Recipients
The ACCA-accredited Finance and Accounting postgraduate course is designed for employees of various companies and financial institutions operating in a business environment. ACCA opens the door to a career in a wide range of positions related to finance, accounting and management. With the ACCA qualification, study recipients will develop the skills necessary for positions such as:
• Chief Financial Officer (CFO),
• Financial Controller,
• Business Analyst,
• Auditor,
• Controlling specialist,
• Investment fund managers,
• Planning and Analysis Manager,
• Reporting Manager,
• Chief Risk Officer,
• Chief Financial Officer.
Distinguishing features
The distinguishing feature of the ACCA-accredited Finance and Accounting postgraduate course is that it provides students with both a solid theoretical foundation and the practical tools to perform managerial tasks in finance and accounting departments effectively and professionally.
The detailed scope of the postgraduate programme "Finance and Accounting – ACCA Pathway" is in line with the scope of the international examinations of the ACCA organisation. Graduates will be exempt from 9 of the 13 examinations of the ACCA organisation.
Graduates of postgraduate studies have the opportunity to find an interesting job not only in accounting offices or auditing companies, but also in various enterprises, regardless of the type of business or legal form. Thanks to their wide range of knowledge and skills, they will be sought-after candidates for work in various audit institutions. The knowledge they acquire will also enable them to run their own businesses (accounting offices, accounting services, etc.).
The programme also allows students to develop their skills through further self-education, which will enable them to continuously improve their qualifications.
Lecturers
Classes are taught by academics specialising in accounting, financial reporting, finance, taxation, as well as experienced practitioners.
The postgraduate programme „Finance and Accounting – ACCA Pathway”
Teaching unit: Department of Financial Accounting
Study name: Finance and Accounting – ACCA Pathway
Field of education: social sciences
Duration of study: two semesters, 260 hours in total
List of subjects:
Total number of hours |
Form of credit |
Number of ECTS points
|
Form of classes and number of hours |
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Sem. I |
Sem. II |
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K |
|
K |
|
||||
Introduction to management accounting and cost accounting |
10 |
Credit |
1 |
10 |
|
|
|
Financial accounting |
20 |
Credit |
3 |
20 |
|
|
|
Business law |
10 |
Credit |
1 |
10 |
|
|
|
Governance and business ethics |
15 |
Credit |
2 |
15 |
|
|
|
Cost accounting |
20 |
Exam |
3 |
20 |
|
|
|
Management accounting |
20 |
Exam |
3 |
20 |
|
|
|
International Reporting Standards |
40 |
Exam |
4 |
40 |
|
|
|
Number of hours in semester I: |
|
|
|
135 |
|
|
|
Tax accounting |
20 |
Exam |
3 |
|
|
20 |
|
Financial audit |
25 |
Exam |
3 |
|
|
25 |
|
Internal audit and control |
25 |
Exam |
3 |
|
|
25 |
|
Consolidated financial statements |
15 |
Exam |
2 |
|
|
15 |
|
International financial management |
30 |
Exam |
4 |
|
|
30 |
|
Financial markets |
10 |
Credit |
1 |
|
|
10 |
|
Number of hours in semester II: |
|
|
|
|
|
125 |
|
Number of hours: |
|
|
|
260 |
|
|
|
Number of ECTS credits: |
|
|
|
33 |
|
|
|
Organisation of studies
The study programme is delivered over two academic semesters and consists of conversation classes covering theoretical knowledge and practical skills. It comprises a total of 260 lesson units.
Conditions and method of obtaining credit for studies/method of verifying achievement of learning outcomes
Attendance at classes is a prerequisite for passing most subjects. Students absent due to fortuitous reasons are obliged to arrange individually with the lecturer the conditions for passing the subject. The condition to pass the main subjects (cost accounting, management accounting, international financial reporting standards, tax accounting, financial audit, internal audit and control, consolidated financial statements, international financial management) is attendance at classes and meeting the requirements set by the lecturer as well as obtaining a positive grade in an ACCA-accredited examination. In addition, a passing grade in the final examination is a prerequisite for the completion of postgraduate studies.
The certificate of completion of postgraduate studies "Finance and Accounting – ACCA Pathway" at the Cracow University of Economics may be obtained by a person who obtained positive grades in the subjects included in the curriculum and plan of studies, confirming the achievement of learning outcomes by the student: knowledge, skills and social competence. A prerequisite is also passing the final examination with a positive result.
Learning outcomes for the postgraduate programme „ Finance and Accounting – ACCA Pathway”.
Learning outcomes for postgraduate studies |
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Entity |
Chair of Financial Accounting |
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Name of the course |
Finance and Accounting – ACCA Pathway |
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Field of science |
Social sciences |
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Profile of studies |
General academic |
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PRK level |
7 |
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Level of study |
Postgraduate studies |
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Number of semesters |
2 |
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Symbol of the learning effect for the course |
Description of learning outcomes
|
Reference to the characteristics of the learning outcomes |
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P_W (KNOWLEDGE) Graduates know and understand:
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|
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PA_W01 |
key economic and legal concepts and categories in management and business ethics, financial and management accounting, and business and international law |
P7S_WG |
|
PA_W02 |
main accounting principles, financial audit procedures, control and internal audit, corporate and public governance regulations and principles |
P7S_WG |
|
PA_W03 |
the main ways of preparing financial statements (including consolidated financial statements) and the assumptions of the tax system and the sources of tax law |
P7S_WG |
|
PA_W04 |
in depth methods and descriptive tools used in a company's information system, including those relating to the valuation of companies, the assessment of their financial position and the improvement of their operational efficiency, as well as methods for the valuation of securities |
P7S_WG |
|
PA_W05 |
rules and principles for the accounting and finance profession, as well as ethical standards for finance, accounting and auditing professionals |
P7S_WK |
|
PA_W06 |
the rules and principles governing the operation of companies, the economic processes taking place within them and the legal acts regulating their operation |
P7S_WK |
|
PA_W07 |
selected concepts, scientific theories and applied research methodology in the social sciences |
P7S_WG |
P_U (SKILLS) Graduates are able to:
|
|
|
PA_U01 |
independently formulate and propose solutions to specific problems in the field of economics, finance, in particular accounting and auditing, and independently take decisions in this field using appropriate methods and tools |
P7S_UW |
PA_U02 |
independently obtain source data, correctly interpret and explain economic and financial phenomena and the relationship between them, using knowledge of accounting and financial management |
P7S_UW |
PA_U03 |
correctly use normative systems, standards and rules (legal, professional, moral) in solving selected problems in the field of postgraduate studies completed |
P7S_UW |
PA_U04 |
in order to understand specialised finance and accounting issues with a variety of audiences and prepare various types of written reports and studies in a foreign language at B2+ level according to the Common European Framework of Reference for Languages; also apply specialised vocabulary in economics and finance |
P7S_UK |
PA_U05 |
learn independently throughout his/her professional life and plan his/her own development |
P7S_UU |
PA_U06 |
formulate and verify hypotheses related to simple research problems in finance and accounting |
P7S_UW |
PA_U07 |
correctly use the knowledge at his disposal to formulate and solve non-standard problems in the social sciences |
P7S_UW |
PA_U08 |
cooperate with other members in a group and lead the work of a team |
P7S_UO |
P_K (SOCIAL COMPETENCES) The graduate is ready to:
|
|
|
PA_K01 |
an assessment of the processes/phenomena taking place in the field of finance and accounting, including a critical appraisal of the existing solutions in this field |
P7S_KK |
PA_K02 |
enhancing professional skills, including improving and updating knowledge in the field of finance and accounting expanded by an interdisciplinary dimension |
P7S_KR |
PA_K03 |
solve professional tasks in accordance with professional ethics and understand the social consequences of the application of acquired knowledge and skills in professional practice |
P7S_KR |
PA_K04 |
act and take decisions in an entrepreneurial manner based on financial and accounting knowledge |
P7S_KR |
PA_K05 |
initiate action in the public interest on issues relating to the field of social sciences |
P7S_KO |
Explanation of postgraduate course designations:
PA - "Finance and Accounting – ACCA Pathway"
• W – knowledge category
• U - skill category
• K - social competence category
• 01, 02, 03 and following - number of learning outcomes
Explanations of designations in the references to the characteristics of learning outcomes
• P - Polish Qualification Framework (PRK) level
• P7S - secondary characteristics of PRK level 7
P7U_W - universal characteristics (KNOWLEDGE):
• P7S_WG - secondary characteristics (breadth and depth)
• P7S_WK - second degree characteristics (context)
P7U_U - universal characteristics (SKILLS):
• P7S_UW - secondary characteristics (application of knowledge)
• P7S_UK - second degree characteristics (communication)
• P7S_UO - second degree characteristics (work organisation)
• P7S_UU - secondary characteristics (learning)
P7U_K - universal qualities (SOCIAL COMPETENCES):
• P7S_KK - second level characteristics (assessments/critical approach)
• P7S_KO - second degree characteristics (responsibility)
• P7S_KR - second degree characteristics (professional role)