ADVANCED DIPLOMA IN ACCOUNTING

The aim of this qualification is to enhance the skills developed in the intermediate level. You’ll look at financial team leader skills, including financial statements for limited companies, complex management skills and specialist learning areas.

This qualification will take approximately one year to complete, if studied full-time.

The advanced level consists of the main mandatory units, and some specialist units. Some of the learning outcomes are;  financial statements; understanding the regulatory framework underpinning financial reporting, interpreting financial statements using ratio analysis, understanding key features of published financial statements,drafting a limited company’s statutory financial statements, drafting consolidated financial statements.

BUDGETING:

Preparing budgets and income and expenditure forecasts,assessing budgetary impact of internal and external factors,using budgetary control to improve organizational performance.

FINANCIAL PERFORMANCE:

 Collating and analysing cost information from various sources,measuring performance and managing costs appropriately,making suggestions for improving financial performance by monitoring and analysing information,preparing performance reports for Management.

INTERNAL CONTROL AND ACCOUNTING SYSTEMS:

 Understanding importance and use of internal control systems,evaluating the accounting system and identifying areas for improvement,Conducting ethical and sustainability evaluations of accounting systems,making recommendations to improve the accounting system.

BUSINESS TAX:

Completing corporation tax returns and supporting computations for incorporated businesses,Understanding impact of legislation and legislative changes,Understanding tax law and its implications for incorporated/unincorporated Business,Understanding capital assets.

PERSONAL TAX:

Calculating income from all sources and identifying taxable and non-taxable items,Applying current legislation to calculate tax payable on income,Accounting for capital gains tax according to current legislation,Preparing accurate computations and complete relevant parts of self-assessment tax returns.

EXTERNAL AUDITING:

 Planning an audit identifying areas for verification and associated risks,Conducting a supervised audit,Preparing draft reports for approval,Understanding auditing principles and legal and professional standards required for an external auditor.

CASH MANAGEMENT:

 Using statistical techniques and financial information to prepare income and expenditure forecasts,Preparing cash to monitor an organizations cash flow,Managing cash balances effectively,Investing surplus funds, observing organizational policies.

CREDIT CONTROL: 

Understanding relevant legislation and impact on credit Management,using information from various sources to grant customers’ credit within organisational guidelines,using a range of techniques for debt collection,monitoring and controlling credit supply.

 Possible jobs after completing this qualification

  •          Accounts Payable and Expenses Supervisor
  •          Assistant Financial Accountant
  •          Commercial Analyst
  •          Cost Accountant
  •          Fixed Asset Accountant
  •          Indirect Tax Manager
  •          Payments and Billing Manager
  •          Payroll Manager
  •          Senior Bookkeeper
  •          Senior Finance Officer
  •          Senior Fund Accountant
  •          Senior Insolvency Administrator
  •          Tax Supervisor
  •          VAT Accountant

 

Internship: The compulsory internship program consist of 4 months (96 working days) . Students are made their internship program in our contracted companies or centers with practical applied education in the academic year.

Duration: 1 year

Optional Prep: Yes

Language: English / Turkish

Evening School: Yes

Fees: 3295 USD/ANNUM*

Accrediation: Business Management School of Cyprus as Vocational School was established and approved by TRNC Ministry of Education at the date of 24/01/2011 and 481/11 permission.

Associate Transition Policy: The credits of courses taken  in a sub or equivalent program will be counted if they go to a top program. 

 

*Payment Facilities:

*10 equal installment implementation is used for all credit cards.

** Who want to receive tution credit, can apply our contracted banks , named Iktisat Bank and Turkey Is Bank which there education credit is available.

 

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