Sopot, Poland

Finance and Accounting
(field of studies: Finance and accounting ACCA)

Master's
Table of contents
office-accessories-business-management(1)

⇑Finance and Accounting at SANS

Field of studies: Finance and accounting ACCA
Language: EnglishStudies in English
Subject area: economy and administration
Kind of studies: full-time studies
  • Description:

  • pl
University website: sopocka.edu.pl

⇑Test: Is Finance and Accounting the right fit for you?

finance-professionals-discussing-valuation-in-meeting-room-test

10 questions · two minutes

1. Reviewing a company’s financial statements, you see revenue growing much faster than operating cash flow. What do you do?

2. How do you approach international financial reporting standards?

3. A finance director asks you to build a valuation model for a possible acquisition. How do you feel?

4. During an audit, a manager pressures you to overlook an unusual transaction. What do you do?

5. The programme is taught in English, and your classmates are graduates from different countries and financial systems. How do you see that?

6. Would you like to work towards an international professional qualification in accounting or investment alongside your degree?

7. How do you feel about using data analytics and automation in finance?

8. A company must choose between financing its expansion with debt or by issuing new shares. How do you approach it?

9. Would you like to lead a finance team or run a company’s budgeting process?

10. What motivates you most to pursue a Master’s degree in Finance and Accounting?

⇑Definitions and quotes

Accounting
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Finance
The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just like medicine.
William J. Bernstein The Four Pillars of Investing (2002), Introduction, p. ix.
Accounting
These experiences are not 'religious' in the ordinary sense. They are natural, and can be studied naturally. They are not 'ineffable' in the sense the sense of incommunicable by language. Maslow also came to believe that they are far commoner than one might expect, that many people tend to suppress them, to ignore them, and certain people seem actually afraid of them, as if they were somehow feminine, illogical, dangerous. 'One sees such attitudes more often in engineers, in mathematicians, in analytic philosophers, in book keepers and accountants, and generally in obsessional people'.
The peak experience tends to be a kind of bubbling-over of delight, a moment of pure happiness. 'For instance, a young mother scurrying around her kitchen and getting breakfast for her husband and young children. The sun was streaming in, the children clean and nicely dressed, were chattering as they ate. The husband was casually playing with the children: but as she looked at them she was suddenly so overwhelmed with their beauty and her great love for them, and her feeling of good fortune, that she went into a peak experience . . .
Colin Wilson in New Pathways In Psychology, p. 17
Accounting
Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods.
Kenneth Boulding (1958, p. 95) as cited in: Edward Stamp, Michael J. Mumford, Ken V. Peasnell (1993) Philosophical Perspectives on Accounting. p. 147.

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