Faculty: Institute of Graduate Programs

This specialization focuses on the principles and practices of international financial reporting and auditing. Students explore the International Financial Reporting Standards (IFRS), auditing standards, financial data analysis, corporate governance, and ethical considerations. The program emphasizes technical skills, analytical thinking, and the application of accounting principles to ensure transparency and integrity in financial reporting and auditing. Graduates are prepared for careers in accounting, auditing, financial analysis, and related fields.

Learning Objectives:

• Understand the basics of international financial reporting and auditing.
• Develop skills in applying international financial reporting standards and auditing standards.
• Learn techniques for financial data analysis and corporate governance.
• Explore the role of ethics and professionalism in financial reporting and auditing.
• Understand regulatory frameworks and best practices in international accounting.
• Analyze challenges and opportunities in global financial reporting and auditing.
• Develop teamwork and problem-solving skills for financial projects and auditing.

Main Outline:

1. Introduction to International Financial Reporting and Auditing - An overview of international financial reporting, auditing, and global standards.
2. International Financial Reporting Standards - Principles of IFRS and techniques for their application in business scenarios.
3. Auditing Standards - Basics of auditing standards and techniques used to conduct audits.
4. Financial Data Analysis - Principles of financial data analysis and techniques for assessing financial health.
5. Corporate Governance - Principles of corporate governance and techniques for implementing effective practices.
6. Ethics and Professionalism - Understanding ethical considerations and professional standards in accounting.
7. Regulatory Frameworks - Fundamentals of regulatory frameworks in international accounting and compliance techniques.
8. Emerging Trends - Analysis of innovations such as digital reporting and data analytics in financial reporting and auditing.
9. Capstone Project - A real-world project to apply skills acquired in financial reporting, auditing, or analysis.

Assessment Methods:

Preparing financial statements, audit reports, financial analyses, corporate governance plans, ethical consideration reports, compliance analyses, research papers, group projects, and internships.

Recommended Textbooks:

• "International Financial Reporting Standards: A Practical Guide" by Graham Holt and Martin J. Martin.
• "Auditing: Principles and Practice" by A. R. Weiser, L. E. Riebeto, and J. D. Werner.
• "Financial Data Analysis" by Martin S. Fridson and Fernando Alvarez.
• "Corporate Governance" by Bob Tricker.

Prerequisites:

Basic knowledge of accounting, finance, and business principles. Suitable for students interested in international financial reporting, auditing, financial analysis, and related fields.

Duration of Specialization:

Typically 4 years to attain a bachelor's degree, including coursework, projects, and internships.

Certification:

Graduates can earn a degree in International Financial Reporting and Auditing and pursue certifications such as the Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Chartered Financial Analyst (CFA).

Target Audience:

Aspiring accountants, auditors, financial analysts, corporate governance specialists, and professionals seeking to specialize in international financial reporting and auditing. This specialization equips students with the skills needed to excel in international financial reporting and auditing, supporting transparency and integrity in global financial practices.