UniSIM Accountancy Programme Briefing 2014
Transcript of UniSIM Accountancy Programme Briefing 2014
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INDUCTION DAY: ACCOUNTANCY PROGRAMME BRIEFING
12 Jul 2014
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What is Accounting?(Source: SAC YouTube Channel)
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ACCOUNTANCY –
The Language of Business
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Business Organisation
Business Organisation
OwnersOwners
ManagersManagers
EmployeesEmployees
Internal Stakeholders External Stakeholders
ShareholdersShareholders
CreditorsCreditors
SuppliersSuppliers
CustomersCustomers
SocietySociety
GovernmentGovernment
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AIS
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AIS
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Role of Accounting Information - External
Debts
Raising CapitalMortgages
Cash Flows
New Investors
Sales
Costs
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Role of Accounting Information - External
….to provide financial information about the reporting entity that is useful to existing and potential investors, lenders and other creditors
in making decisions about providing resources to the entity.
FRS Conceptual Framework Chapter 1 para OB2
existing and potential investors lenders and other creditors
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Financial Accounting Courses
Financial Accounting
Financial Reporting
Intermediate Financial Reporting
Advanced Financial Reporting
Financial Statement Analysis and Valuation
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Role of Accounting Information - External
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Tax Courses
Introduction to Income Tax
Taxation of Companies and Partnerships
International Taxation and Tax Planning
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AIS
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Role of Accounting Information - Internal
Planning
Making Decisions
Control
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Managerial Accounting Courses
Managerial Accounting
Accounting for Decision Making and Control
Strategic Management Accounting
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The Need for VERIFICATION of Accounting Information…
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AIS
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Assurance & Control
Assurance and Attestation
Advanced Assurance and Attestation
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Level 4XX Courses…
Accounting Theory
Selected Issues in Financial Accounting, Managerial Accounting and Assurance
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Other Business Courses…Statistics
Quantitative Methods
Managerial Economics
International Economics
Marketing Management
Managing People
Contract Law and Agency Law
Company Law and Corporate Governance
Financial Instruments, Institutions and Markets
Financial Management
Business Strategy
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Work Attachment
During third year of study
At least 24 weeks
Must be with an Accredited Training Organisation (ATO), certified by the Singapore Accountancy Commission
- Currently, we have signed MOUs with 20 ATOs
Specific learning outcomes
- Model closely with the practical experience requirements of the Singapore Qualification Programme
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Applied Project
During final year
10 credit units
Research-based project on topics related to accountancy
Report their findings and make recommendations
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e-Portfolio
e-Portfolio
In Summary
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Questions?
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Thank You