FINAL Accounting, Audit And Financial Management
UNIVERSITY OF BELGRADEFaculty of Economics and BusinessBSc Accounting, Audit andFinancial Management
BSc Accounting, Audit andFinancial ManagementUndergraduate studies at theFaculty of Economics and Business provide graduates withup-to-date knowledge and skillsin economics, business and quantitative analysis, comparable tothe knowledge and skills acquired by their peers at prestigious world universities. The studies are designed to provide a widerange of contemporary competencies, which, along with the development of a critical and analytical mindset, enables graduates to adapt quickly and effectively to a dynamic labour marketat home and abroad.Programme Accounting, Auditand Financial Management provides students with relevant academic knowledge and up-to-datecompetencies in accounting, auditing, financial management andother related managerial functions both in the national andinternational context; promotesstudents’ involvement in the accountancy profession, throughprofessional accreditations of theprogramme and by getting examexemptions from national andinternational professional accounting associations (e. g.ACCA); creates academics andprofessionals committed to thepublic interest and respect forprofessional ethics; enables students to make intellectual contributions and long-lasting positiveimpact on business and accounting profession development.
WHY CHOOSE THE ACCOUNTING, AUDITING AND FINANCIALMANAGEMENT PROGRAMME AT UNIVERSITY OF BELGRADE –FACULTY OF ECONOMICS AND BUSINESSModern and applied curriculum – The Programme covers economics and business courses as well as specialized courses in accounting, auditing and financialmanagement providing a mix of knowledge and skills needed for successfulcareer in global settings. You can choose from two specialization tracks: Accounting and Auditing and Financial Management.Inspiring and engaging professors – Professors are committed to their studentsand combine various teaching methods, including real-life cases and practicalassignments. You will also have a chance to learn from experienced practitioners,who are invited as guest lecturers.Internship and excellent career opportunities – The School has great corporateconnections. Our partners are Big 4 auditing firms, multinational companies andbanks and other financial institutions, etc. You will have an opportunity to do relevant internship and get practical skills, as well as to earn credits at local and international summer schools. Our partners offer plenty of job positions for graduatesof the Programme. The School also guarantees a job offer to every student passedall exams in due course and has an average mark of at least 8.5 out of 10.International professional accreditation - The Programme holds ACCA accreditation. Graduates from this Programme get exemption from 6 ACCA exams, which ismore than graduates from any other university in our region may get. Since 2018,the Accelerated Programme Agreement has been signed between ACCA and ourSchool, giving students of the Programme opportunity for early registration (during their studies) and sitting exams for their ACCA Professional Qualification.Internationally recognised BSc title – With BSc degree from the University of Belgrade – Faculty of Economics and Business, you can pursue graduate studies atthe best schools in the world. According to the Shanghai Ranking, in the last fiveyears University of Belgrade has been ranked between top 300-400 and top 500universities in the world (out of approx. 20 thousand universities), thus beingamong the top ranking high education institutions in Central and Eastern Europe.
PROGRAMME CURRICULUMThe first and second year you will spend mastering economics, business and quantitative methods. In4th semester, you will take Management Accounting course, thus starting your orientation towardsaccounting, auditing and financial management (AAFM). The 3rd year is structured to provide youwith specialization in the AAFM covering a number of AAFM courses. In the 4th year you will acquirefurther specialization, joining either the Accounting and Audit (AA) or the Financial Management(FM) major.A CCOUNTING, AUDITING AND FINANCIA L MANAGEMENT1FIRST YEARPrinciples of Economics2ECTS108Basic Statistical Analysis1093Mathematics10104567SociologyBasic MacroeconomicsEnterprise EconomicsFinancial Accounting4881011121314151617181920212223THIRD YEARCorporate FinanceCost AccountingFinancial and Actuarial MathematicsFinancial ReportingFinancial Statements AnalysisOrganization of EnterpriseEthics in AccountingElectives (min 7 ECTS)Economic StatisticsBusiness InformaticsSeminar Paper 1Seminar Paper 2Summer SchoolFOURTH YEAR282930313233AuditingPublic FinanceInternshipElectives (7 ECTS)Special-purpose FinancialStatementsConsolidated FinancialStatementsElectives (5 ECTS)Tax AccountingSpecial AccountingMonetary EconomicsBusiness LawElectives (7 ECTS)Accounting InformationSystemsComparative AccountingElectives (5 ECTS)Internal AccountingPublic Sector AccountingAdditional electives (4 ECTS)Seminar Paper 1Seminar Paper 2Summer SchoolFinal 1210971077377123F OURTH YEARFINANCIAL MANAGEMENTECTS1073ECTSECTSM A J O RACCOUNTING AND AUDITING24252627SECOND YEARMicroeconomicsFundamentals of OperationsResearchIntroduction to DevelopmentEconomicsForeign Language 1International EconomicsStrategic ManagementForeign Language 2Management AccountingSeminar Paper 1Seminar Paper 2ECTSCorporate restructuringPublic FinanceInternshipElectives (min 5 ECTS)773Auditing10Fundamentals of BehavioralFinanceElectives (min 6 ECTS)Project ManagementEnterprise Risk ManagementMonetary EconomicsBusiness LawElectives (min 5 ECTS)Banking Business and PaymentsSystemFinancial MarketsElectives (7 ECTS)International Business FinanceInternational FinanceAdditional electives (4 ECTS)Seminar Paper 1Seminar Paper 2Summer SchoolFinal Paper5767777771234
LEARNING OUTCOMESAfter completing the Programme, you will be able to apply different professional skills and knowledge in the business practice, in an ethical andresponsible manner.You will be able to:KNOWLEDGEAnalyse and assess micro and macroeconomic issues and applyquantitative methods to investigate cause-effect relationships betweendifferent economic variables in order to understand economicphenomena and global trendsEvaluate and analyse various internal processes, organizationaldesigns and external environment (economic, legal, social, technical,international, and cultural) impact on the setting and implementationof strategyApply accounting principles and IFRSs in the process of transparentfinancial reporting and implement risk-based approach to externalauditing of financial statementsImplement managerial accounting methods and techniques, includingcost-volume-profit analysis, absorption costing and variable costing,budgeting and performance measurement, to support managementdecision makingApply working capital management techniques, solve practicalproblems related to investment decision making and evaluatealternative sources of financingSKILLSApply analytical skills and critical thinking to solve accounting-relatedproblems and make sound business decisionsCommunicate clearly, concisely and effectively, both in writing andorally, and display cooperation and teamwork in addressingorganisational goalsETHICS AND RESPONSIBILITYApply professional values, ethics, and attitudes to work assignmentsaccording to international ethics standardsMake judgments grounded on ethics, responsibility and sustainability,in the course of business and organisation acitivities in national andinternational context
QUALIFICATION AND CAREER PROSPECTSThe Programme graduates are highly sought after by a range of organisations, such as accounting and audit firms, manufactory companies, retailcompanies, financial institutions, software development firms and government institutions.With your Bachelor’s degree in Accounting, Auditing and Financial Management, you will be able to pursue successful career as: Auditor, Financial Accountant, Management Accountant, Financial analyst, Tax adviser, Financialmanager, Investment adviser, Financial controllerSample of our AAFM recruiters:NISMooreBDOUniCredit bankEYDeloittePWCKPMGBall packingCoca-ColaNestleNational bank of Serbia5.
Attending Faculty of Economics at the University of Belgrade was one ofthe best choices I have ever made - it was an exceptional learning experience that opened many doors upon graduation.What I particularly value is that the Programme covers all the topics relevant to today's business world, offering not only the general concepts butdetailed understanding of the subject’s basis. Thus, the acquired knowledge is for life, and can be readily built upon and practically applied inmany different surroundings.Furthermore, professors were always open to advising students andproviding support when needed, helping us develop our specific interestsand skills all along. Knowledge acquired and success achieved during mybachelor studies enabled me to attend one of Europe's leading businessschools - Vlerick Business School where I graduated summa cum laude.Ana PetrovićCorporate Finance Internat Kempen & CoThis international experience further strengthened my belief that education acquired at the Faculty of Economics is as good, if not better, than theone at the international educational institutions.Finally, the Faculty opened opportunities for us to develop practical skillsthroughout relevant internships during our studies. This practical experience, alongside academic excellence, enabled me to easily adapt and addvalue in a professional environment – currently at the Kempen & Coinvestment bank, where I am undertaking an internship within a debtadvisory team.From today’s perspective, attending Faculty of Economics at the University of Belgrade has proven to be an excellent choice for me, since theinstitution provided me with a solid basis for my postgraduate studies, aswell as for my current job-related tasks.What I find most valuable regarding the programme I attended is that itnot only covers most relevant business concepts, but it also equipsstudents with a thorough understanding of their interdependence andability to apply the knowledge in real life, since the concepts are illustrated through practical examples. In addition to this, professors and teaching assistants have mostly been open for discussion with students andwilling to help them.Knowledge acquired at Faculty of Economics has put me in an excellentposition to enrol and perform on a high level at one of the best businessschools in the world – Judge Business School at the University of Cambridge, where I finished my MPhil in Management as a member of JesusCollege. This is reflected in the fact that I managed to get outstandinggrades in subjects such as Accounting and Quantitative Techniques forManagement.Finally, knowledge and practical skills acquired through my studies atFaculty of Economics serve me very well on a daily level in my management consulting job in Peterhof Consulting, as well as my role as an advisor to the Minister of Innovation and Technological Development.Dušan SavićAssociate at PeterhofConsulting & EDU
FACTS AND FIGURESSTUDENT PROFILEAverage age:19 yearsGender: x GPA:99% students with high GPA(excellent and very good)Source: Enrollment Statistics 2017/2018-2019/2020EMPLOYABILITYEmployability by nancial managementOther jobs in AAFM*Other jobs out of AAFM** Accounting, auditing, financial managementSource: Employer Survey 2020Employability time:84% within 6 monthsof graduationSource: Graduate Survey2018-2019
PRACTICAL INFORMATIONKEY FACTSDURATION 4 years (240 ECTS) / 3 years (180 ECTS)STARTApplication and admission: July / SeptemberStart of semester: OctoberLANGUAGE SerbianDEGREEUniversity of Belgrade -Faculty of Economics and Business:Graduate Economist / Economist, module Accounting, Audit and FinancialManagementFEES None – for government-financed students 92,022 RSD-121,082 RSD per year for self-financed students EUR 1,500 per year for foreign dergraduate/studyprogrammes/?lang enEmail: sic@ekof.bg.ac.rs, Tel: 381 11 2633 146
Faculty of Economics University of Belgrade6 Kamenicka str.11000 Belgrade, SerbiaPhone: 381 11 2628 923Fax: 381 11 2639 560Web: www.ekog.bg.ac.rsE-mail: dekanat@ekof.bg.ac.rs
Seminar Paper 2 2 Summer School 3 FOURTH YEAR M A J O R FOURTHYEAR ACCOUNTING AND AUDITING ECTS FINANCIAL MANAGEMENT ECTS 24 Auditing 10 24 Corporate restructuring 7 25 Public Finance 7 25 Public Finance 7 26 Internship 3 26 Internship 3 27 Electives (7 ECTS) 27 Electives (min 5 ECTS) Special-purpose Financial Statements 7
FINANCIAL ACCOUNTING : MEANING, NATURE AND ROLE OF ACCOUNTING STRUCTURE 1.0 Objective 1.1 Introduction 1.2 Origin and Growth of Accounting 1.3 Meaning of Accounting 1.4 Distinction between Book-Keeping and Accounting 1.5 Distinction between Accounting and Accountancy 1.6 Nature of Accounting 1.7 Objectives of Accounting 1.8 Users of Accounting Information 1.9 Branches of Accounting 1.10 Role .
The quality audit system is mainly classified in three different categories: i Internal Audit ii. External Audits iii. Regulatory Audit . Types Of Quality Audit. In food industries all three audit system may be used to carry out 1. Product manufacturing audit 2. Plant sanitation/GMP audit 3. Product Quality audit 4. HACCP audit
1. What does cost accounting involve? A. Drawing up balance sheet B. Writing off of costs C. Ascertainment of cost D. Preparation of statement of value added E. Annual audit of financial statement 2. Cost accounting is an integral part of A. Financial accounting B. Forensic accounting C. Treasury accounting D. Historical accounting
INTERNAL AUDIT Example –Internal audit report [Short Client Name] Internal Audit Report Rev. [Rev Number] STEP ONE: Audit Plan Process to Audit (Audit Scope): Audit Date(s): Lead Auditor: Audit #: Auditor(s): Site(s) to Audit: Applicable Clauses of [ISO 9001 or AS9100] S
4.1 Quality management system audit 9.2.2.2 Quality management system audit - except: organization shall audit to verify compliance with MAQMSR, 2nd Ed. 4.2 Manufacturing process audit 9.2.2.3 Manufacturing process audit 4.3 Product audit 9.2.2.4 Product audit 4.4 Internal audit plans 9.2.2.1 Internal audit programme
It is suggested that the Co-op Accounting and Audit is used at the same time as the financial audit; providing a full picture of performance. The financial audit provides information relevant for shareholders, while social accounting and audit provides information relevant for society. 1.2 The way Co-operatives are structured
AUDIT OF DEKALB COUNTY DATA CENTER PHYSICAL SECURITY AUDIT REPORT NO. 2018-007-IT John Greene Chief Audit Executive FINAL REPORT What We Did In accordance with the Office of Independent Internal Audit's (OIIA) Annual Audit Plan, we conducted a performance audit of the DeKalb County Data Center Physical Security.
accountant, accounting associate, accounting assistant, accounting technician, financial analyst, budget officer, audit assistant, and tax preparer. Learning Outcomes . 2 . Application of contemporary accounting software is central in the management of modern organizations. Using accounting software, students apply accounting principles by .
