Department of Management and Social Sciences

Bachelor of Science in Accounting & Finance

BS Accounting & Finance

Program Educational Objectives

Program Learning Outcomes

Curriculum

Faculty

Bachelor of Science in Accounting & Finance

The BS (Accounting & Finance) is a highly specialised degree, preparing the graduate as having expertise in Accountancy and Finance. The students will acquire the knowledge and technical skills needed to analyse accounting/finance and business problems, and they will understand how best to communicate and use financial information to support business decisions. The degree offers specialization in accounting and/or Finance.
With the management of financial information underpinning all business activities, there are more employment and career opportunities in accounting and finance than many other areas of study. This degree will prepare students for a rewarding career in any sector of the economy. The graduates may work as a Financial Accountant, Forensic Accountant, Management Accountant, Auditor, Chief Financial Officer, Financial Advisor and Tax Specialist.

Program Educational Objectives (PEOs)

The graduates of Accounting & Finance program are expected to

The BS (Accounting & Finance) program is aimed at giving students a solid foundation in accounting and finance, rounded out with the all-important interpersonal, computer, and business communication skills critical for success in today’s business environment.
The degree will give students an understanding of the legal and regulatory environment that commercial organisations and accounting professionals must work within.
Students will be able to identify and evaluate ethical dilemmas and provide logical ways to resolve them. They will learn the concepts and processes needed to protect, validate and attest to the integrity and reliability of financial information.
By studying financial institutions, markets, and business finance, students will learn about the components of the financial system and how it impacts upon financial decisions in an organisation.
Students will study the financial system, institutions, and financial instruments, which are involved with the transfer of funds between individuals, businesses and governments. This includes critical short-run decisions, such as cash management and credit policy, which affect the survival of the organisation. Long-term decisions include investment in plant and equipment, fundraising, and mergers and takeovers, all of which determine the wealth of the owners.

Program Learning Outcomes (PLOs)

Upon successful completion of the degree in Accounting & Finance, students should be able to:

Cost/Managerial : Students will be able to apply the concepts and skills learned in the areas of product costing, budgeting, and performance analysis.
Financial : Students will be able to prepare and interpret financial statements, analyze company performance, and apply IFRS’s to financial transactions.
Taxation : Students will demonstrate an understanding of federal income tax law in the United States by explaining sources and rationale for tax law, distinguishing between economic and tax items of gross income, identifying requirements for business deductions and differentiating between realized and recognized gains and losses.
Audit : Students will be able to apply auditing standards, employ appropriate audit procedures and recognize professional behavior expectations of auditors.

Semester Plan

Course Code	Course Name	Credit Hours	Pre Req
SS – 111	Functional English	3	None
MG – 112	Introduction to Business	3	None
MG – 113	Principles of Management	3	None
FA – 114	Financial Accounting – I	3	None
SS – 115	Pakistan Studies	2	None
SS – 116	Islamic Studies/Ethics (for Non-Muslims)	2	None

Course Code	Course Name	Credit Hours	Pre Req
MG – 121	Principles of Marketing	3	None
FA – 122	Financial Accounting – II	3	FA – 114
MG – 123	Principles of Microeconomics	3	None
MT – 124	Business Mathematics	3	None
SS – 125	Effective Writing Skills	3	SS – 111
CS – 126	IT in Business	3	None

Course Code	Course Name	Credit Hours	Pre Req
MT – 211	Business Statistics	3	MT 124
CA – 212	Cost Accounting	3	FA – 114
MG – 213	Principles of Macroeconomics	3	MG – 123
SS – 214	Business Communication	3	SS 111
BL – 215	Business Law	3	None
BF – 216	Business Finance	3	None

Course Code	Course Name	Credit Hours	Pre Req
MG – 221	Inferential Statistics	3	MT 211
MA – 222	Management Accounting	3	CA 212
CS – 223	E-Commerce	3	CS 126
MG – 224	Financial Institutions and Capital Market	3	None
FM – 225	Financial Management	3	None
MG – 226	Central, Commercial and Corporate Banking	3	None

Course Code	Course Name	Credit Hours	Pre Req
PM – 311	Performance Management	3	MA – 222
AUD – 312	Auditing	3	None
MG – 313	Accounting Information System	3	None
CF – 314	Corporate Finance	3	MG – 225
MG – 315	Human Resource Management	3	MG – 113
AA – 316	Advanced Accounting	3	FA – 122

Course Code	Course Name	Credit Hours	Pre Req
BT – 321	Business Taxation	3	None
MG – 322	Behavioural Finance	3	CS – 126
MG – 323	Business Research Methods	3	None
AUD – 324	Advanced Auditing	3	AUD- 312
FRA – 325	Financial Reporting and Analysis	3	AA- 316

Course Code	Course Name	Credit Hours	Pre Req
CL – 411	Corporate Law	3	BL – 215
AT – 412	Advanced Taxation	3	BT – 321
AFR – 413	Elective – 1	3	Concern
FRM – 414	Elective – 2	3	Concern
MG – 415	Internship/Project Report – I	3

Course Code	Course Name	Credit Hours	Pre Req
MG – 421	Econometrics Application in Business	3	None
AMA – 422	Elective – 3	3	Concern
IAP – 423	Elective–3	3	Concern
ACF – 424	Elective–5	3	Concern
MG – 425	Internship/Project Report – II	3