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Accounting and Finance

Language of instruction

lithuanian

Qualification degree and (or) qualification to be awarded

Professional Bachelor of Business Management

Place of delivery

Marijampolė, P. Armino g. 92-4, LT-68125

Institution that has carried out assessment

Qualifications and Vocational Education and Training Development Centre

Institution that has performed accreditation, accreditation term

Studijų kokybės vertinimo centras, 8/31/2021

Data provided or updated (date)

6/4/2020

Order on accreditation

SV6-1
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Summary of the Profile

General Description:
Objective(s) of a study programme:
to prepare highly qualified accountants who are able to organize and manage accounting of the economic entity, analyze financial performance of the economic entity, prepare budgets, control economic processes, constantly learn and develop in the changing environment.

Learning outcomes:
Graduates:
1. Will describe business as a system, business environment, events and processes taking place in it.
2. Will be able to explain the principles of management theories, the structure of the financial system, financial and accounting functions, understand the peculiarities of their application in practice.
3. Will know the legal acts regulating accounting and business accounting standards (BAS), legal basics of civil and labor safety and will understand the peculiarities of their application in practice.
4.Will be able to collect and analyze the data needed to solve the problems of accounting professional activities and innovation installation.
5. Will be able to use modern information technologies, apply effective research methods, purposefully accumulate information for accounting issues analysis.
6. Will be able to properly select accounting methods and adapt the appropriate accounting policy for a particular organization and implement it.
7. Will be able to apply legal acts regulating accounting and business accounting standards (BAS).
8. Will be able to apply the principles of the provisions of the Code of Ethics for Professional Accountants.
9. Will be able to use information technologies, special computer accounting programs and will process accounting information using them.
10. Will be able to properly formalize economic operations on the basis of legally valid documents and control their legality.
11. Will be able to account for the assets, equity, liabilities, income and expenses of the organization and individuals and will perform internal control.
12. Will be able to prepare financial, tax, statistical and other reports.


13. Will be able to summarize, analyze and systematize the data of the organization's financial statements, evaluate the financial state and performance, will provide suggestions on management, financing, investment and other issues.
14. Will be able to substantiate the efficiency of resource use and assess the risks in preparing the organization's budget, business plan.
15. Will be able to plan, organize and control the work of the accounting service.
16. Will be able to effectively communicate and cooperate with specialists within the field and other persons, resolving professional tasks and conflicts.
17. Will be able to responsibly, critically, consistently express thoughts, raise problems and solve them, will evaluate phenomena flexibly, non-stereotypically.
18. Will be able to independently improve and expand professional competence, will be interested in innovations, advanced experience, will be aware of moral responsibility for the impact of their performance.
19. Will be able to carry out various project, creativity, self-expression, innovation-based activities in a changing and international environment.

Activities of teaching and learning:
Innovative teaching and learning methods are applied, virtualization of the study process. Student‘s self-study work centered to the students is based on assignments, group work, in which problem and critical thinking is very important. The programme aims at the active participation of the students in the study process, to create an active educational environment, using different methods: interactive lectures, practical work, discussions, solving of problematic situations, reading and analysis of special-purpose literature, practical tasks, review of video films, presentation of public papers, project and research papers, case study (problem situations), preparation of articles, integrated tasks.

Methods of assessment of learning achievements:
Assessment of learning outcomes is performed throughout the semester and during examination session. Applying cumulative assessment intermediate tests are used for assessment of learning outcomes of subjects. Intermediate assessment is used in assessing students‘ tasks performed or knowledge and skills acquired having completed a certain study part of the subject (tests, practical work, term papers, seminars). During the examination period all the student's knowledge and skills are assessed.
During the examination period the assessment form of learning outcomes is examination or project work. Student‘s knowledge and skills during the examination is graded from 1 to 10. The final grade consists of intemediate tests and examination grades or project work grades. Its composition is calculated by the proportions indicated in the subject abstract.

Framework:
Study subjects (modules), practical training:
General subjects of college studies (15 credits):
1. Introduction to studies and professional ethics, communication psychology, foreign language, document management.
2. Part of study field (135 credits):
2.1 Study field subjects (96 credits): apllied mathematics, information technology, general and company statistics, management, applied economy, basics of accounting, company finances, financial analysis, financial markets and institutions, financial accounting, human safety, business law, individual company accounting, taxation, management accounting, internal audit and control, accounting of public enterprises, accounting of farmer‘s economic performance, social research methodology, computerized accounting
2.2. Professional training practices (30 credits): introductory practice, speciality skills practice 1, accounting practice, speciality skills practice 2, final practice.
2.3. Preparation of final thesis (9 credits).
3. Optional subjects (9 credits).

Alternative elective subjects (21 credits):
1. Agriculture Accounting
2. Trade Enterprises Accounting
Module 1 of Trade Enterprises Accounting subject
Accounting policy of trading companies
Trade enterprises accounting
Module 2 of Trade Enterprises Accounting subject
Accounting policy of trading companies
Compiuterized accounting of Trade enterprises.
Module 1 of Agriculture Accounting subject:
Basics of agriculture
Accounting of a farmer's farm activities
Accounting of agricultural companies.
Module 2 of Agriculture Accounting subject:
Basics of agriculture
Accounting of agricultural entities.

Optional courses:

Distinctive features of a study programme:
Skills acquired non-formally and informally are recognized.

Access to professional activity or further study:
Access to professional activity:
Persons who have acquired professional bachelor's degree in business management will be able to work independently or collectively in enterprises, institutions and organizations, which perform economic and financial activities, will be able to manage assets, property, liability, economic and financial processes and accounting of their results, to control the course of these processes and help managers to make decisions.
Graduates will be able to set up accounting services company and provide accounting management services in other areas.

Access to further study: Graduates, seeking to acquire Master’s qualification degree, can continue their studies at universities in the programmes of higher education Social sciences study area, Accounting study field.