Accounting Specialization

Business Studies Department

Accounting Specialization

In the changing business environment, Accounting skills are more in demand and the Accounting profession is becoming more dynamic. Students of the Accounting program acquire knowledge and skills in the process and application of Financial Accounting, Corporate Accounting, Cost Accounting, Management Accounting, Taxation Accounting, Government Accounting, Banking & Insurance Accounting, Financial Analysis, Portfolio Management, Project Appraisal, Auditing & Control, etc. They also learn International Financial Reporting Standards (IFRS), Contemporary issues in Accounting and Application of Computers in Accounting and Finance.

Accounting graduates have bright prospects of being employed in Banks, Insurance Companies, Investment Companies and Finance Companies. They have wide job opportunities in both Government and Private Companies as Accounting and Finance is a vital function of every business organization.

Program Details

Diploma in Accounting

Goal :

The goal of this program is to equip students with a range of knowledge and skills in the main functional areas of business. It focuses on technical knowledge and expertise with a view to career in accounting. Graduates of this program are to acquire variety of skills needed by private businesses as well as not-for-profit organizations.

General Objectives :

This program will enable students to:

Develop awareness of the business environment surrounding a business entity.
Enhance students’ communication, mathematical and IT skills.
Enhance students’ moral and make them work with the highest standards of ethics.

Specific Objectives:

This program will enable students to:

Understand the theory and practice of accounting.
Acquire technical skills and knowledge of the concepts underlying Accounting including, Financial accounting, Management accounting, Auditing, Finance; and IT.

Learning outcomes :

On the completion of this program students should be able to:

Support management in the budgeting, planning and decision-making processes.
Integrate accounting functions within a computerized business environment, select appropriate software and convert a manual accounting system to a computerized one.
Prepare, analyze and interpret financial statements of companies in different industries.
Demonstrate a critical appreciation of the problems and opportunities surrounding a business entity.

Employment Trends- Career Avenues:

Accounts Payable Clerk
Account Clerk 1, II
Cash Office Clerk
Credit Investigator
Leasing Consultant
Retail Loan Closer
Accounts Receivable Clerk
Bookkeeper
Credit Officer
Collections Officer
Office Manager
Accounting Analyst

Advance Diploma in Accounting

Goal:

The goal of this program is provide to the students a more advanced range of knowledge and skills in the accounting field. It focuses on advanced technical knowledge and expertise with a view to career in accounting. Graduates of this program are able to provide management with accounting services and functionalities that are far beyond bookkeeping and preparation of basic financial statements.

General Objectives:

This program will enable students to:

Develop the skills, knowledge and motivation necessary for further professional studies.
Prepare the graduate with the appropriate knowledge, skills, and background to pursue meaningful careers in public or private sectors, legal profession and planning.
Have a working knowledge of legal, political, and ethical consideration that affect economic environments and business decision-making.

Specific Objectives:

This program will enable students to:

Develop critical and analytical skills to assist students in solving accounting and finance related problems which may arise in their future professional careers.
Provide students with the ability to record and analyze the effects of business transactions on the assets, liabilities and equity of business entities.
Provide students training in preparing and interpreting the major accounting schedules, reports and supporting documents.

Learning outcomes:

On the completion of this program students should be able to:

Critically appraise modern management accounting techniques with respect to their effectiveness and any weakness inherent in their use.
Demonstrate a critical appreciation of the ethical and social implications of management accounting system within organizations.
Manipulate statistical and financial data.
Communicate financial information in verbal and written format.
Work individually and in groups.
Acquire basic computer proficiency in the use of World Wide Web (Internet), word processing, spreadsheets, and databases.

Employment Trends - Career Avenues:

Section Accountant
Benefits Coordinator
Auditor
Billing Consultant
Financial Analyst
Stock Analyst
Sales Consultant
Loan Processor
Tax Processor
Buyer's Assistant

Bachelor in Accounting

Goal:

The goal of this program is to equip the students with a complete range of knowledge and skills in all areas of accounting. It deals with all facets of accounting including the financial reporting standards, auditing standards, management accounting, business law and taxation and a student graduation project that will be an application of all accounting courses. Graduates of this program qualify them to work as management accountants, auditors, and financial analysts, among others. They can also take the certification exams for Chartered Accountants.

General Objectives:

This program will enable students to:

Acquire knowledge on the generally accepted accounting principles and the generally accepted auditing standards.
Enhance students’ analytical skills in solving accounting problems and cases
Equip students with the right knowledge and skills to enable them to make effective contributions in the workplace
Enable students to be more critical self-directed learners.

Specific Objectives:

This program will enable students to:

Understand the theory and practice of the international accounting standards
Acquire technical skills and knowledge of the concepts underlying accounting including, Financial accounting, Management accounting, and auditing; finance; and IT.
Analyze financial statements and be able to comprehend all factors affecting profitability, liquidity, solvency, financial flexibility and financial structure of business organizations
Understand the business law and taxation rules and practices in the Sultanate of Oman and the GCC to equip them with the right knowledge and application skills.

Learning outcomes:

On the completion of this program students should be able to:

Support management in the financial process including budgeting, planning and decision-making processes.
Integrate accounting functions within a computerized business environment, select appropriate software and convert a manual accounting system to a computerized one.
Prepare, analyze and interpret financial statements of companies in different industries.
Demonstrate a critical appreciation of the problems and opportunities surrounding a business entity.
Demonstrate hard and soft skills in all areas of auditing, including financial and operational auditing.

Employment Trends - Career Avenues:

Internal Auditor
Head Accountant
Billings Consultant
Financial Analyst
Accounting Instructor
Bank Manager
Accounting Manager
Tax Consultant
Chief Finance Officer
Chief Audit Executive

Address: Thumrait Rd. Salalah, Dhofar, Sultanate of Oman,
P.O. Box 608, Postal Code. 211 Phone: +968 232 23402
Fax: +968 232 23400

Accounting Specialization

Program Details

Diploma in Accounting

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