Introduction to the Accounting and Finance BSc (Hons) Program

The Accounting and Finance BSc (Hons) program at the University of Liverpool is designed to provide students with a comprehensive understanding of accounting and finance principles, as well as the skills and knowledge required to succeed in these fields. The program is taught by professionally qualified accountants with industry experience and is accredited by several professional accounting bodies.

Program Structure and Content

The program is a three-year, full-time course that covers a range of topics, including:

• Financial accounting and reporting
• Management accounting and decision-making
• Financial management and investment
• Auditing and assurance
• Taxation and fiscal policy
• Business law and ethics

Year One

In the first year, students will study the following compulsory modules:

• ECONOMICS PRINCIPLES FOR ACCOUNTING AND FINANCE (ACFI127)
• INTRODUCTION TO FINANCE (ACFI103)
• INTRODUCTION TO FINANCIAL ACCOUNTING (ACFI101)
• INTRODUCTION TO MANAGEMENT ACCOUNTING (ACFI102)
• SKILLS FOR THE PROFESSIONAL ACCOUNTANT (ACFI115)
• SUSTAINABILITY AND ETHICS FOR ACCOUNTANTS (ACFI110)
• QUANTITATIVE METHODS FOR ACCOUNTING AND FINANCE (ACFI111)

Year Two

In the second year, students will study the following compulsory modules:

• ACCOUNTING THEORY (ACFI202)
• AUDIT AND ASSURANCE (ACFI210)
• BUSINESS LAW (ACFI211)
• FINANCIAL MANAGEMENT (ACFI204)
• FINANCIAL REPORTING 1 (ACFI201)
• MANAGEMENT ACCOUNTING (ACFI203)
• TAX COMPLIANCE (ACFI212) Students will also choose one optional module from a range of options, including:
• BUSINESS ETHICS (PHIL271)
• ENTREPRENEURSHIP (ULMS252)
• THEORY OF THE FIRM (ECON254)
• ECONOMETRICS FOR FINANCE 1 (ACFI225)

Year Three

In the final year, students will study the following compulsory modules:

• ADVANCED AUDITING (ACFI301)
• STRATEGIC MANAGEMENT ACCOUNTING (ACFI303)
• BUSINESS FINANCE (ACFI304)
• BUSINESS STRATEGY (ACFI312)
• CORPORATE REPORTING AND ANALYSIS (ACFI302)
• FINANCIAL REPORTING 2 (ACFI309) Students will also choose two optional modules from a range of options, including:
• ADVANCED ENTREPRENEURSHIP (ULMS360)
• ADVANCED TAXATION (ACFI305)
• BEHAVIOURAL FINANCE (ACFI311)
• CAPITAL MARKETS (ACFI321)
• CORPORATE GOVERNANCE (ACFI320)
• CRITICAL PERSPECTIVES IN MANAGEMENT (ULMS366)
• DERIVATIVE SECURITIES (ACFI310)
• FINANCIAL RISK MANAGEMENT (ACFI342)
• PRINCIPLES OF FINANCE WITH EXCEL (ACFI315)

Admission Requirements

To be eligible for the Accounting and Finance BSc (Hons) program, applicants must meet the following requirements:

• A levels: AAB
• GCSE: Mathematics at grade 5/C and English at grade 4/C
• International Baccalaureate: 34 points overall with no score less than 4
• Other qualifications: Please contact the university for details

Tuition Fees

The tuition fees for the Accounting and Finance BSc (Hons) program are as follows:

• UK students: Ł9,790 per year
• International students: Ł27,000 per year

Accreditation and Professional Recognition

The Accounting and Finance BSc (Hons) program is accredited by several professional accounting bodies, including:

• Association of Chartered Certified Accountants (ACCA)
• Chartered Institute of Management Accountants (CIMA)
• Chartered Institute of Public Finance Accountants (CIPFA)
• Institute of Chartered Accountants in England and Wales (ICAEW)
• Institute of Chartered Accountants of Scotland (ICAS)

Career Opportunities

Graduates of the Accounting and Finance BSc (Hons) program can pursue a range of career opportunities, including:

• Accountancy and auditing
• Financial management and investment
• Taxation and fiscal policy
• Business consulting and advisory services
• Financial analysis and planning

Research Areas

The University of Liverpool has a strong research focus in the areas of accounting and finance, with particular expertise in:

• Financial reporting and auditing
• Management accounting and decision-making
• Financial management and investment
• Taxation and fiscal policy
• Corporate governance and sustainability

Conclusion

The Accounting and Finance BSc (Hons) program at the University of Liverpool provides students with a comprehensive understanding of accounting and finance principles, as well as the skills and knowledge required to succeed in these fields. With its strong research focus, professional accreditation, and range of career opportunities, this program is an excellent choice for students looking to pursue a career in accounting and finance.

University of Liverpool