Course List

This course is designed to expose students to management accounting techniques, analysis and reporting. It reviews, reinforces and expands on the introductory cost and management accounting course, ACCT1003. It commences with a review of the basics in management accounting and then gets more detailed in the areas of costing methods, cost-volume-profit relationships, budgetary planning, variance analysis, relevant costs and decision making. It ends with quality management in the organization, together with contemporary issues affecting business. Each unit is comprised of detailed theory, worked examples and reinforcement questions designed for ease of learning and the increased facility that comes with practice.

This course is designed to address the following key areas: the principles and nature of fraud; the strategies to prevent fraud and the proactive approaches to detect fraud. The course will also emphasize the various techniques used in fraud investigation including financial statement fraud, asset appropriation, liability and inadequate disclosure and consumer fraud. It will emphasize the importance of the need for all levels of staff to discharge their respective fiduciary responsibilities with integrity and a sense of accountability.

The course is intended to enable students with the requisite skills in accounting and computing to apply them to the practice of financial accounting, management accounting and finance. It integrates the modern development of business management and information technology in achieving strategic, operational and problem solving practices within the organization. The course seeks to develop students’ ability to discuss an organization’s use of AIS in transaction processing and evaluate the design of such information systems in the business accounting environment.

Credits: 3

This course is designed to enable students to prepare and use management accounting information to make informed decisions to ensure that the present and future goals of the organization will be achieved.

Credits: 3

Accounting theory is a capstone undergraduate course for learners specializing in accounting. The main purpose of this course is to critically examine the role of financial accounting theories and frameworks in understanding the nature and form of regulated and voluntary accounting information choices.

Credits: 3

This course is designed for students who are considering careers in accountancy. Students will receive in-depth exposure to contemporary financial accounting and reporting practices for specialized transactions and events that are often faced by senior accounting personnel in the public and private practice. The course content is a blend of technical and theoretical elements applied to the determination of income, the valuation of resources, and the presentation of information in general purpose financial statements.

Credits: 3

This course is designed to provide you with core concepts, principles and procedures involved in external and internal auditing, and to implement them to conduct an effective and efficient audit engagement. The primary focus of this course will be on external auditing, especially as it relates to reaching an appropriate audit opinion for expression in the audit report. The impact of information technology (IT) in the client’s business and how technology assists the auditor in doing their work will also be discussed.

Credits: 3

This course places primary emphasis on issues connected with understanding the roles served by auditing (for instance, the need for independence, the problem of fraud, how auditors communicate their findings, and the nature of the evidence process auditors use to support their opinions). This course offers in-depth coverage of the concepts and procedures of external auditing and other assurance engagements. Topics include the professional, legal, and ethical environment, analyzing materiality and risk factors, audit planning, internal control assessment, interpreting and documenting results, and computer-assisted auditing techniques. The course also covers audits for special circumstances such as not-for-profit and public sector audits.

Credits: 3

This course seeks to impart knowledge of the current practices relating to taxation and tax management applicable to companies and individuals. The course is based on the taxation legislation of several Caribbean countries and covers the specific tax acts listed in the course content below.

Credits: 3

The purpose of the Practicum/Supervision/Work-based Project is to provide students with the opportunity to integrate the knowledge and skills gained throughout their programme of study to a world-of-work context. It seeks to give students a real-life, hands-on experience in Accounting, as well as to enhance their ability to conceptualise and write a report, which demonstrates an understanding of the principles and practices of accounting vis-à-vis the practicum/work-based experience.

The practicum is therefore designed to provide a supervised teaching/learning experience requiring learners who are employed in the field of accounting to engage in a work-based study. Learners who are not employed in the sector can engage in an internship where such opportunities are available. This project will be undertaken in the last semester of the final year and be carried out in the financial department of a private or public institution, company or organisation.

Credits: 3