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Aims and objectives

Aims

In line with the University's mission statement and strategy for learning and teaching, we seek to promote scholarship, to foster excellence in teaching, and to acquire and disseminate knowledge, which is of benefit to Northern Ireland society. More specifically, the Accounting programmes aim to:

  1. provide effective systems of learning, academic guidance and pastoral support to encourage the academic, intellectual and personal development of our students;
  2. provide students with the opportunity to pursue appropriately demanding programmes of study focused on Accounting and its cognate disciplines of Economics, Finance and Law, at a breadth and depth appropriate to a first degree qualification;
  3. provide students who wish to pursue postgraduate studies in Accounting or cognate subjects with the necessary study skills and subject knowledge;
  4. place accounting in its broader economic, organisational, social and political contexts;
  5. develop students' knowledge and skills base in ways which inter alia will enhance their employment opportunities;
  6. satisfy appropriate professional accreditation standards at the undergraduate level; and 
  7. maintain a supportive working environment in which there is respect for social and cultural differences and openness, fairness, and equality of opportunity in relation to selection, learning, assessment and support.

Objectives

Students who successfully complete the BSc Accounting undergraduate programme should achieve the following:

Knowledge and understanding of:

  1. the conceptual and applied aspects of accounting as an academic discipline, at a breadth and depth appropriate to a first degree meeting the requirements of the Accounting Benchmark Statement;
  2. the main current technical language and practices of accounting in the areas of recognition, measurement and disclosure in financial statements; managerial accounting; auditing; taxation;
  3. the alternative theories of income measurement and associated recognition rules and valuation bases, the international context of accounting regulation and alternative managerial accounting approaches to planning, control and decision-making; and 
  4. the theories and empirical evidence related to the core aspects of accounting, including a familiarity with the latest research developments and issues.

Subject Specific Skills

An ability to:

  1. understand how accounting informs and is informed by the organisational, economic, social and political contexts in which it operates;
  2. record and summarise transactions and other economic events;
  3. prepare financial statements for incorporated and un-incorporated entities;
  4. analyse the operations of business in the areas of decision analysis, performance measurement and management control;
  5. prepare financial analyses and projections, for example, analysis of financial ratios, discounted cash flow analysis, budgeting and the assessment of financial risks; and
  6. read and evaluate accounting and related literature.


Other Skills

In addition, the following non-subject specific skills should also have been acquired:

An ability to:

  1. critically evaluate arguments and evidence from a variety of sources;
  2. analyse and draw reasoned conclusions concerning structured and, to a more limited extent, unstructured problems from a given set of data and from data which must be acquired by the student;
  3. locate, extract and analyse data from multiple sources, including the acknowledgement and referencing of sources;
  4. demonstrate transferable skills such as independent learning, communication, and self-management
  5. apply numeracy skills, including the ability to manipulate financial and other numerical data and to appreciate statistical concepts at an appropriate level;
  6. incorporate the use of information and computing technology (ICT) skills in acquiring, analysing and communicating information, including the use of spreadsheets and word processing software, the world-wide web and e-mail;
  7. use communication skills, including the ability to present quantitative and qualitative information together with analysis, argument and commentary in a form appropriate to different intended audiences; and
  8. work in groups, and other inter-personal skills, including oral as well as written presentation skills.