The Advanced Diploma in Accountancy is designed to provide graduates with specialized knowledge and skills in accounting that will allow them to reach their personal and professional goals.

The program enables the graduates to enrich their practical skills and problem-solving in accounting. These skills will support their future professional development, and also allow them to follow a career in all areas of accounting as an accountant upon graduation.

This program aims to:

•  Introduces new issues in accounting and makes the students aware of the practices of the contemporary issues in accounting and their impact on the normal accounting practices and procedures.
•  Attain knowledge and skills in the area of cost accounting, intermediate accounting, banking & insurance accounting, and corporate accounting.
•  Develop analytical skills in solving accounting problems with critically thinking ability.
•  Record and analyze the financial performance and positions of banks, insurance, and companies.
•  Enhance the skills of recording cost for concepts like process, joint product, by-product in joint cost and construction by using costing techniques.
•  Explore opportunities for connecting the theoretical concepts with industry for gaining practical exposure.

On completion of the program, the student should be able to:

•  Demonstrate specialized knowledge of concepts, theories, and principles in the areas of financial accounting, corporate accounting, auditing, and banking and insurance with consideration for ethical principles and international financial reporting standards.
•  Develop specialized skills in implementing different accounting techniques in the area of auditing, financial management, investment decisions, and corporate accounting to support management’s decision-making process.
•  Apply some advanced techniques and tools of cost accounting, project appraisal, and financial management and investment decisions which are frequently in use in real-world practice.
•  Explain fundamental concepts of capital structure, normal and privileged shares, financing PLC’s, solve the cases related to profit distribution, preparing the final accounts, the management best practices, methods of financing PLC and the performance evaluation standard for establishments.
•  Discuss current issues in accounting such as current cost accounting, Human resources accounting, Social responsibility accounting and Inflation accounting.
•  Recognize banking and insurance businesses and how business transactions are dealt with in such businesses including preparing final accounts for banks and insurance companies.
•  Communicate effectively financial information in verbal and written format using communication technology skills.

Passing all requirements of the UTAS Diploma Accounting Program and scoring a Level GPA of 2.50 out of.4.00