BS (Honors) Accountancy, Management and Law
Accounting & Finance
Undergraduate
College of Economics & Social Development
The BS (Hons) Accountancy, Management and Law program is designed to enable graduates to obtain professional certifications from accountancy bodies having international and national charters. The program is accredited by two world renowned accountancy bodies, namely, the Institute of Chartered Accountants of Pakistan (ICAP) as RDAI i.e. Relevant Degree Awarding Institute and the Association of Chartered Certified Accountants (ACCA), United Kingdom. Students opting for the ICAP qualification may get exemption from all four papers of Assessment of Fundamental Competencies (AFC) and the first four papers of Certificate in Accounting and Finance (CAF). Students opting for the ACCA qualification may get exemption in nine subjects.
It requires completion of 144 credit hours of course work and 2 credit hours of internship of at least six weeks in a firm approved by the College. Students may take a maximum of six courses per semester with summer as an optional semester. This program will lead to an MBA or a professional accountancy qualification. The BS (Hons.) Accountancy, Management and Law degree has been accredited by two world renowned accountancy bodies, namely, the Institute of Chartered Accountants of Pakistan (ICAP) and the Association of Chartered Certified Accountants (ACCA), United Kingdom. Students opting for the ICAP qualification may get exemption from all four papers of Assessment of Fundamental Competencies (AFC) and the first four papers of Certificate in Accounting and Finance (CAF). Afterwards, ICAP will take two combine exam papers of five remaining courses of CAF before training. Students opting for the ACCA qualification may get exemption from the following nine subjects:
1. F1-Accountant in Business
2. F2-Management Accounting
3. F3-Financial Accounting
4. F4-Corporate and Business Law
5. F5-Performance Management
6. F6-Taxation
7. F7-Financial Reporting
8. F8-Audit and Assurance
9. F9-Financial Management
| Area | Course Code/Title |
|---|---|
| Accounting | ACC102 Introduction to Accounting I (ICAP-CAF-1) ACC103 Introduction to Accounting II (ICAP – CAF-1) ACC202 Taxation I (ICAP – CAF-6) ACC203 Financial Accounting I (ICAP – CAF-5) ACC204 Taxation II (ICAP – CAF-6) ACC303 Financial Reporting I (ICAP – CAF-7) ACC304 Financial Accounting II (ICAP – CAF-5) ACC306 Financial Reporting II (ICAP – CAF-7) ACC307 Cost and Management Accounting I (ICAP – CAF-8) ACC308 Cost and Management Accounting II (ICAP – CAF-8) ACC405 Internal Auditing ACC414 Auditing I (ICAP – CAF-9) ACC416 Auditing II (ICAP – CAF-9) ACC418 Performance Measurement and Decision Making ACC501 Advanced Financial Accounting ACC520 Managerial Analysis and Decision Making |
| Communication | COM103 Functional English I (ICAP – AFC-1) COM104 Functional English II (ICAP – AFC-1) COM105 Business Communication I (ICAP – AFC-2) |
| Economics | ECO202 Introduction to Economics & Finance I (ICAP-CAF-2) ECO203 Introduction to Economics & Finance II (ICAP-CAF-2) |
| Finance | FIN201 Introduction to Business Finance FIN202 Financial Management FIN511 Analysis of Financial Statements FIN601 Strategic Financial Analysis and Design |
| Entrepreneurship | ENT403 Small Business and Entrepreneurship |
| Human Resource Management | HRM301 Human Resource Management HRM502 Industrial Relations and Labour Laws |
| Management Information Systems | MIS413 Information Technology I (ICAP-AFC-4) MIS416 Information Technology II (ICAP-AFC-4) |
| Management | MAN101 Principles of Management (ICAP- CAF-4) MAN411 Project Management MAN416 Corporate Governance |
| Social Sciences | SSC103 Behavioral Studies (ICAP -CAF-4) SSC202 Environmental Studies SSC401 Business Ethics (ICAP -AFC-2) |
| Law | LAW105 Mercantile Law (ICAP-CAF-3) LAW106 Company Law (ICAP-CAF-3) LAW202 Banking Laws in Pakistan LAW203 Insurance Laws in Pakistan LAW301 Intellectural Property, Patents, Copyrights LAW400 Company Secretarial Practices LAW404 Arbitration LAW407 Statutory Compliance |
| Language | LAN 10* Foreign Language I *1 = Introduction to Arabic *2 = Introduction to French *4 = Introduction to German *6 = Introduction to Italian *8 = Introduction to Chinese |
| Marketing | MKT301 Principles of Marketing MKT404 Methods in Business Research |
| Statistics | STA101 Quantitative Methods-I (ICAP -AFC-3) STA102 Quantitative Methods-II (ICAP -AFC-3) |
| Logistics and Supply Chain Management | SCM400 Introduction to ERP Systems |
| Religious Studies | REL101 Islamic Studies |
| Semester One | Semester Two | Semester Three | Semester Four |
|---|---|---|---|
| Functional English I Quantitative Methods I Information Technology I Introduction to Economics and Finance I Introduction to Accounting I Mercantile Law I |
Introduction to Economics and Finance II Introduction to Accounting II Business Communication Quantitative Methods II Functional English II Behavioral Studies |
Financial Accounting I Taxation I Financial Reporting I Company Law Cost and Management Accounting I Auditing I |
Cost and Management Accounting II Financial Accounting II Financial Reporting II Auditing II Information Technology II Taxation II |
| Semester Five | Semester Six | Semester Seven | Semester Eight |
|---|---|---|---|
| Introduction to Business Finance Banking Laws in Pakistan Principles of Marketing Islamic Studies Intellectual Property, Patents, Copyrights Principles of Management |
Human Resource Management Financial Management Introduction to ERP Systems* Business Ethics Internal Auditing Advanced Financial Accounting *Includes Introduction to concepts of Supply Chain Management |
Company Secretarial Practices Project Management Methods in Business Research Managerial Analysis and Decision Making Insurance Laws in Pakistan Analysis of Financial Statements |
Any six of the following: Strategic Financial Analysis and Design Statutory Compliance Arbitration Performance Measurement and Decision Making Industrial Relations and Labor Laws Small Business and Entrepreneurship Introduction to a Foreign Language Corporate Governance Environmental Studies |
Interested in this program? Visit the admissions page for more information.
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