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BACHELOR OF ACCOUNTANCY WITH HONOURS
BACHELOR OF
ACCOUNTANCY WITH HONOURS
Bachelor of Accountancy with Honours
PROGRAMME INFORMATIONThe SIT Accountancy programme is a three-year direct honours programme, which will hone students’ critical and analytical skills, and provide them with the requisite knowledge needed for a professional accounting career. Students will go through rigorous academic training and immerse themselves in the accounting and finance industry through the Integrated Work Study Programme (IWSP) with established accounting firms such as Deloitte, Ernst and Young (EY), KPMG and PricewaterhouseCoopers (PwC).
The Accountancy programme aims to groom students to be both practice-oriented and industry-ready. Over the course of the programme, students will be given the opportunity to take up modules such as Business Valuation and Analysis, and be able to focus on an area of interest in their final trimester.
In addition, SIT’s unique curriculum includes the Regional Exposure to Accounting Practice (REAP) programme, which will expose students to the cultural, economic and social nuances in the Asia-Pacific region.
CURRICULUM STRUCTUREThe standard duration of the Accountancy direct honours programme is three years and one trimester. Students will have the option to choose either Study Plan A or B in Years Two and Three.
1YEAR TRIMESTER 1 1. Introduction to Financial Accounting 2. Introduction to Economics 3. Organisation and Management 4. Business Law 5. Foundations of Finance
TRIMESTER 2 1. Business Information Technology 2. Audit Process 3. Introduction to Management Accounting 4. Enterprise Accounting Applications 5. Regulatory Framework of Accounting
TRIMESTER 3 Break (Optional)
2YEARStudy Plan B TRIMESTER 1 1. Financial Accounting 2. Auditing 3. Company Law 4. Corporate Finance 5. Basic Statistics 6. Essentials of An Auditor 7. Career Development Skills
TRIMESTER 2 Integrated Work Study Programme (IWSP)
TRIMESTER 3 1. Investment Analysis 2. Accounting Information Systems 3. Company Accounting 4. Management Accounting and Control 5. Marketing Management 6. Writing in the Workplace 7. Spreadsheet Application Tools
3YEAR TRIMESTER 1 1. Accounting for Decision Making and Control 2. Taxation 3. Business Valuation and Analysis 4. Change Management 5. Accounting Financial Modelling 6. The Art of Asking Questions
TRIMESTER 2 Integrated Work Study Programme (IWSP)
TRIMESTER 3 Break (Optional)
Study Plan B
3YEARStudy Plan A TRIMESTER 1 1. Integrated Work Study Programme (IWSP) 2. Accounting Financial Modelling
TRIMESTER 2 Integrated Work Study Programme (IWSP)
TRIMESTER 3 1. Accounting for Decision Making and Control 2. Taxation 3. Business Valuation and Analysis 4. Change Management 5. The Art of Asking Questions
2YEARStudy Plan A TRIMESTER 1 1. Financial Accounting 2. Auditing 3. Company Law 4. Corporate Finance 5. Basic Statistics 6. Essentials of An Auditor 7. Career Development Skills
TRIMESTER 2 1. Investment Analysis 2. Accounting Information Systems 3. Company Accounting 4. Management Accounting and Control 5. Marketing Management 6. Writing in the Workplace 7. Spreadsheet Application Tools
TRIMESTER 3 Break (Optional)
PROGRAMME HIGHLIGHTSAccounting Financial Modelling: This module takes students to a more advanced level from the basic spreadsheet skills for better decision-making in the real world of business. It will enable them to build financial models for various purposes, ranging from business proposals to evaluating business opportunities.Business Capstone Project: Through the use of online simulation, students will read and observe business situations, and actively interpret and make decisions based on established business principles. This process of simulation, reflection and experiential learning seeks to enhance capabilities in critical analysis, problem-solving, decision-making and creative thinking.
INTEGRATED WORK STUDY PROGRAMME (IWSP)IWSP provides students with the opportunity to gain industry experience, integrate theory and practice, as well as develop deep specialist skills in their chosen field.The Accountancy IWSP will be held over two trimesters (approximately eight months) with close monitoring by academic faculty. Students will be able to experience at least one peak audit cycle with an accounting firm.
REGIONAL EXPOSURE TO ACCOUNTING PRACTICE (REAP)Building on its appeal as an attractive location for businesses, Singapore aims to be a global accountancy hub for Asia-Pacific by 2020. The Accountancy programme thus includes the Regional Exposure to Accounting Practice (REAP) initiative, widening students’ perspectives and exposing them to the cultural, economic and social nuances prevalent in the Asia-Pacific region.Aspects of the REAP programme include: Visits by academic faculty and industry partners from the Asia-Pacific region, as well as study trips in Asia-Pacific, including university and industry visits.
4YEARFINAL TRIMESTERChoose one of the following focus areas of interest:
Applied Finance Focus 1. Derivatives: Markets and Products 2. Applied Financial Management 3. Financial Institutions and Markets 4. Business Capstone 5. Transition to the Profession Audit Focus 1. Internal Audit 2. Advanced Auditing 3. Risk Management and Internal Control 4. Business Capstone 5. Transition to the Profession Corporate 1. Advanced Company Accounting Accounting Focus 2. Frauds, Ethics and Forensic Accounting 3. Corporate Reporting and Financial Analysis 4. Business Capstone 5. Transition to the Profession Management 1. Issues in Management AccountingAccounting Focus 2. Strategic Management Accounting 3. Strategic Planning and Budgeting 4. Business Capstone 5. Transition to the Profession Taxation Focus 1. Advanced Taxation 2. Tax Treaties and Transfer Pricing 3. Regional Tax and International Tax Planning 4. Business Capstone 5. Transition to the Profession
ADMISSION REQUIREMENTSStudents with the relevant accounting backgrounds, i.e. Diploma in Accountancy/Accounting, may apply for up to three trimesters of exemptions from the first year.
For students with non-accounting backgrounds, i.e. Diplomas from other disciplines, exemption from modules will be considered on a case-by-case basis.
CAREER OPPORTUNITIESAccountants are highly sought-after across diverse industries such as banking, management consulting and the service sector. Graduates can extend their professional qualifications by completing the Singapore Qualification Programme (SQP) and becoming a Chartered Accountant of Singapore (CA), which will enhance their career opportunities. Graduates will also be able to pursue other professional qualifications such as CPA Australia, CAANZ, ICAEW amongst others.
INDUSTRY ADVISORY COMMITTEEThe Industry Advisory Committee members for this programme are:
Mr QUEK See Tiat (Chairperson)Deputy PresidentCouncil for Estate Agencies
Ms HENG Yeow KhingManaging Director, Institutional Banking GroupDBS Bank Ltd
Mr KOH Chiap Khiong Group Chief Financial OfficerSembcorp Industries Ltd
Mr Evan LAWChief ExecutiveSingapore Accountancy Commission
Mr LEE Fook ChiewChief Executive OfficerInstitute of Singapore Chartered Accountants
Mr LOH Hoon Sun Managing DirectorPhillip Securities Pte Ltd
Mr Uantchern LOHChief Executive Officer (Asia Pacific)Black Sun
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Mr MAK Keat Meng Partner, AssuranceErnst & Young LLP
Ms Deborah ONG PartnerPwC Singapore
Mr ONG Pang Thye Deputy Managing PartnerKPMG LLP
Mr Kaka SINGH Chairman and Senior PartnerRSM Chio Lim LLP
Mr Melvin YONGCountry Head – SingaporeCPA Australia
Mr Philip YUENChief Executive Officer – Singapore & Southeast AsiaDeloitte & Touche LLP
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Contact InformationUndergraduate Student Admission
Tel: +65 6592 1136 [email protected]
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information without prior notice.For the most up-to-date information,
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