A complete program that combines the concepts of international finance and accounting with the widely respected ACCA certificate is a Bachelor of Commerce Honors degree in International Finance integrated with the Association of Chartered Certified Accountants (ACCA). This specialized course offers a broad range of topics and gives students the information and abilities they need to succeed in the finance sector. What is covered in a B.Com(H) in International Finance combined with an ACCA course will be discussed in this blog article.
Subjects covered in B.Com Hons in International Finance
Financial Accounting and Reporting
The program’s core elements are financial accounting and reporting. The principles and practices of financial accounting are taught to students, along with the creation and evaluation of financial statements. They learn how to present financial information to external stakeholders like creditors, investors, and regulators.
Management Accounting
Management accounting is concentrated on delivering pertinent financial data to internal stakeholders, including management and decision-makers, for strategic planning, control, and performance evaluation. Students study budgeting, variance analysis, cost accounting, and other management accounting methods.
Auditing and Assurance
The training covers auditing and assurance services in great detail. The principles practices, and processes involved in performing audits are taught to students. They learn the value of objectivity, professional skepticism, and moral considerations in the auditing process.
Taxation
Any finance and accounting program must include a tax component. The principles and ideas of taxation, such as income tax, corporation tax, and indirect taxes, are taught to students. They gain knowledge of tax compliance, planning, and the effects of taxes on both individuals and corporations.
Business Law
Finance experts need to have a firm grasp of company law. Laws governing contracts, commercial law, and other topics pertinent to the business world are taught to students. They develop knowledge of the ethical and moral duties that organizations and people in the finance sector have to one another.
Economics
The program’s foundation is its emphasis on economics. In order to comprehend how economic factors affect financial decisions and international markets, students study both macroeconomics and microeconomics. They gain knowledge of supply and demand, market dynamics, economic principles, and global commerce.
Financial Management
The ideas and methods used to make financial choices inside organizations are the subjects of financial management. In order to maximize shareholder value, students study financial analysis, capital budgeting, risk management, and financial strategy. They learn more about financial markets, choices made about investments and financial instruments.
Corporate Governance and Ethics
The programme places a strong emphasis on the value of ethics and corporate governance in the finance sector. Students gain knowledge of the ethical obligations of financial professionals, the function of corporate governance in maintaining accountability and transparency, and the effects of ethical conduct on the standing and long-term viability of organizations.
International Finance
Given the international scope of the contemporary corporate environment, international finance is a crucial part of the program. Students learn about things like foreign exchange markets, global financial institutions, international commerce and finance, and multinational corporate finance. They learn about the difficulties and complications of doing business internationally.
Professional Skills Development
The programme places a strong emphasis on the development of professional skills in addition to technical knowledge. Students improve their cooperation, critical thinking, communication, and problem-solving abilities. They gain information on how to use it in real-world situations, create presentations, and work on group projects.