MA/MS in Accounting and Auditing

Objective(s) of a study programme: To provide competencies to solve the problems of consolidation of accounting, international taxation, performance control, ensuring genuine and transparency of financial reporting, reducing asymmetry of information in traditional and network based organisations, develop a complex system for evaluating the organization's performance. Description of the study programme: https://admissions.ktu.edu/programme/m-accounting-and-auditing/ Learning outcomes: Knowledge and its application: Is able to apply knowledge of economics, management, finance, tax, accounting and auditing based on the latest fundamental and applied research in a dynamic business environment in traditional and global network based organizations. Is able to critically assess the accounting theories and methodology and their application to ensure transparency of information and to reduce asymmetries in traditional and global organisations, as well as in organisations based on network logic. Is able to compare the methods and techniques of financial and internal audit and the context in which they can be applied to ensure information transparency and reduce information asymmetries in traditional, global and network-based organisations. Is able to explain the latest concepts in finance, management accounting and value-based management and their practical application in trditional, global and networked organisations. Is able to critically assess the possibilities and limitations of applying qualitative and quantitative research methods while arguing methodology of accounting, auditing and cross disciplinary studies. Research skills: Is able to independently and innovatively solve business management problems by integrating the latest fundamental and applied research-based theories in economics, management, finance, accounting and auditing, and an interdisciplinary holistic approach. Is able to critically assess the alternatives, arguments and implications of long- and short-term solutions to business management problems, integrating the latest theories of economics, management, finance, accounting and auditing based on fundamental and applied research as well as an interdisciplinary holistic approach. Is able to apply the latest quantitative and qualitative research methodologies in applied accounting, auditing and interdisciplinary research. Is able to integrate the knowledge to argue for applied research methodology, consultancy or expertise in accounting, auditing and interdisciplinary fields. Special abilities: Is able to apply methodology of accounting while realizing national and international accounting standards into practise and solving consolidation of accounting, information transparency and its asymmetry problems. Is able to carry out various types of audit using audit methodologies and techniques and in accordance with the principles of professional ethics and social responsibility. Is able to assess the management control framework in modern organisations, integrating the latest concepts in accounting, auditing, management accounting, and enterprise value measurement and management. Is able to integrate the latest accounting, auditing, enterprise value measurement and management concepts, data analysis techniques and information technology in complex performance evaluation and management decision-making situations. Is able to apply digital technologies to collect, organise and analyse data, to carry out complex performance assessments. Is able to apply the knowledge acquired in the field of accounting in research, professional activities or technological innovations related to accounting. Social abilities: Is able to communicate effectively in writing and orally with professionals and other stakeholders in the field, provide advice or expertise on scientific and practical accounting and auditing issues. Is able to carry out applied and scientific research work individually and in groups, to evaluate the effectiveness of a working group, and to analyse the principles of group formation, delegation and management, guided by professional ethics and citizenship. Personal abilities: Is able to adhere to the principles of professional ethics for accountants and auditors, and act with an awareness of his/her moral responsibility for the impact of the results of his/her activities on the development of the society, the economy, the culture, the well-being and the environment. Is able to independently carry out empirical accounting and interdisciplinary research. Is able to critically, creatively, socially responsibly, and ethically think and act in professional activities. Activities of teaching and learning: The studies include classroom work (lectures, practical work, laboratory work, seminars, outgoing visits to enterprises, etc.) and individual work for mastering theoretical material, preparation for classroom work, intermediate and final assessments and performing other activities. The studies of each study module are completed by the assessment of the student’s knowledge and skills – an examination or another final assessment; the study programme is completed by the final degree project and its defence. Methods of assessment of learning achievements: The applied cumulative assessment system of the learning outcomes ensures constant and involving work of students during the entire semester of studies; the final evaluation of the study module consists of the sum of the grades of intermediate assessments and the final assessment multiplied by the weighting coefficients (percentages of components). Study subjects (modules): Audit 1, Ethics and Social Responsibility, Financial Reporting 1, International Taxation and Transfer Pricing, Strategic Management Accounting, Audit 2, Financial Reporting 2, Internal Auditing, Property and Business Valuation, Value Based Management, Research Project, Scientific Research Design, Master’s Degree Final Project. Electives: Business Model Innovation, Strategic Management, Quantitative Research Methods, Quantitative Methods and Financial Modelling, Qualitative Research Methods, Project Management, Challenge-Based Project 2, Challenge-Based Project 1. Study programme abstract: A graduate has comprehensive knowledge of accounting and audit, is able to coordinate accounting processes, solve the problems of consolidation of accounting, international taxation, performance control, ensuring genuine and transparency of financial reporting, reducing asymmetry of information, develop a performance evaluation system in traditional and network based organisations, perform accounting and audit applied and scientific research and communicate their results. Access to professional activity: The graduate can work as head of the accounting/financial department, provider of accounting solutions and services, senior accountant/financier, audit specialist, business and financial analyst; can perform research, work as an analyst, consultant or expert in business and public organisations. Access to further study: S/he has access to the third cycle studies.