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Master of Advanced Accounting
NEW
Welcome
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Accounting
Corporate Finance

Education
Research
Service

• Financial accounting
• disclosure,...

• Bachelor

• HIAF

• Audit disclosure, -planning
• - expectations gap,...

• Initiation accounting
• fin reporting

• Master

• Not - for profit

• Int. fin reporting

• Master of Advanced
• Accounting

• Target costing, Balanced
• scorecard,...

• Int. operational audit

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Bachelor
Master in (Applied) Economics
MASTER of ADVANCED ACCOUNTING
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Parmalat, Enron, LSHP,... are some of the major
recent accounting scandals that involved
companies quoted on both US and European stock
markets.   These scandals not only have negative
effects for their shareholders, but also for
stock markets at large.   How can financial
reporting and audit practices be improved to
minimise the occurrence and impact of accounting
scandals?   How can investor confidence be
restored?   Do good corporate governance
practises yield enough protection or should the
role of the regulators be reinforced? Should
listing requirements be tightened? What can
non-listed companies learn?
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Objective of this programme
To train specialists in accounting with thorough
knowledge in accounting, financial reporting
and control.
To train specialists in financial reporting
and control with a multicultural background
are able to function in an international
environment
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Target Group
This advanced Master program is intended for
economists having a background in accounting and
who feel the need for a serious in-depth
training in auditing and accounting.
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Target Group

• Strong interest in
• Accounting
• Audit
• International developments
• Financial markets

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Target Group

• Belgian University Degree (2nd cycle)
• gt 4 years of study (Applied Economics
  Accounting)
• gt Procedure 2

• Belgian Higher education (HOLT)
• gt 4 years of study
• gt Procedure 2

• Foreign Students
• gt comply with general admission requirements
• gt Procedure 1
• gt Procedure 2

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Admission Procedures

• There are 2 compulsory procedures for admission,
  we advise foreign students to start both
  procedures at the same time.
• The first procedure is the general acceptance
  procedure set up by Ghent University.
• The second procedure allows us to ascertain
  whether the applicant has the necessary
  background to be able to successfully participate
  in the Accounting programme.

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Procedure 1
Foreign students have to request the
application forms personally by writing
to Prof. dr. De Leener A., Rector c/o Students
Administration Sint Pietersnieuwstraat 25 9000
Ghent B-Belgium or mail to admission.studadmin_at_UG
ent.be
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Procedure 2

• The second procedure is the general acceptance
  procedure within the Accounting Department.
• All prospective students need to fill in the
  Information Form
• download it from http//www.feb.ugent.be/AccoEco
• mail the completed form to maa_at_UGent.be
• your candidacy is evaluated and you will be
  notified if you have to participate in the
  preparatory program or not
• Successful completion of the preparatory program

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Procedure 2

• Successful completion of the preparatory program
• Management accounting
• 3e year Bachelor
• 5 credit units
• Policy information
• 3rd year Bachelor
• 7 credit units
• Auditing
• Master after Bachelor
• 5 credit units
• Financial reporting, deontology and
  consolidation
• Master after Bachelor
• 5 credit units

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Why this Master of Advanced Accounting ?
Amenities
Prospects

• International

Internal
Scientific
External

• Relevance

• Intern Auditor

• CPA

• PhD
• Research

• Specialists

• Intern Accountant

• Consultant

• Cost Accountant

• Transferability

• Controller

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Learning Style

• English programme gt TOEFL 550

• Active teaching methods

• case studies

• group presentations

• computer simulations

• Company visits ( Sidmar, Volvo,)

• Invited speakers ( PWC, EY,.)

• Dissertation

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Master of Advanced Accounting Courses
Term 1

• w Advanced management accounting
• w Advanced management control
• Advanced financial accounting
• Operational auditing
• Business Analysis

dissertation
Term 2

• w Audit and assurance
• w EDP auditing
• Accounting information systems
• Advanced Group Accounting
• International Accounting

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Master of Advance Accounting - Programme
Term 1

• Advanced management accounting
• Advanced management control
• Advanced financial accounting
• Operational Audit
• Business Analysis

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1.1. Advanced management accounting
Dr. P. Everaert

• Provide an insight into current developments
• within the field of management accounting.

• Content
• Theory of Constraints
• ABC / ABM
• Balanced Scorecard
• Target Costing
• Budgeting
• Cost Analysis for product mix decision,
  outsourcing,...

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1.2. Advanced Management Control
Dr. P. Everaert

• Project Management (Paris)
• Performance measurement and inventive systems
• Management behaviour in relation to incentive
  systems
• Financial and non financial performance measures
• Control alternatives
• Decentralisation and centralisation
• Performance based on BSC
• Harvard Cases

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1.3. Advanced Financial Accounting
Prof. Dr. E. De Lembre

• Topics
• Applied research in financial reporting
• case research approach
• issue based accounting research
• accounting research methodology
• cases on financial accounting reporting

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1.4. Operational audit
Prof. M. De Samblanx
Emphasis on operational instead of financial
aspects.

• Topics
• Development and function of internal audit
• Organisation of an internal audit
• Institute of Internal Auditors (IIA)
• Operational audit cycle

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1.5. Business Analysis
Prof Dr. I. De Beelde

• Topics
• Overview of accounting analysis
• Strategy Analysis
• Financial Analysis
• Accounting Analysis
• Asset Analysis
• Liquidity Analysis

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Master of Advanced Accounting Courses
Term 2

• w Audit and assurance
• w EDP auditing
• Accounting information systems
• Advanced Group Accounting
• International Accounting

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2.1. Audit and Assurance
Prof Dr. I. De Beelde

• Topics
• International audit overview
• Ethics for professional accountants
• Assurance services
• Assurance on information
• System reliability
• Electronic commerce

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2.2. EDP-audit
Prof. Dr. R. Paemeleire

• Topics
• Framework for EDP Audit
• Audit Command Language
• Interactive data extraction analysis
• SAP

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2.3. Accounting Information Systems
Prof. Dr. G. Poels

• Topics
• Framework AIS
• Different schools of thought
• AIS modelling techniques (REA, UML, XML)
• Technique of REA Accounting
• Contemporary ICT applications (ERP, EIS,
  e-business)

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2.4. Advanced Group Accounting
Prof. E. De Lembre
Topics

• Consolidations of complex entities ,
• including partnerships,
• mergers and foreign currency translations
• Consolidation methods and techniques
• Deferred taxes

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2.5. International Accounting
Prof. Dr. E. De Lembre
Accounting and reporting principles and practices
in various countries

• Topics
• Different accounting frameworks US-GAAP vs IAS
• Harmonisation
• International financial analysis
• Segmental reporting
• Basel, The New Capital Accord

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Master of Advance Accounting - Programme
Term 3

dissertation
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Master of Advanced Accounting - Programme
dissertation
Project
Thesis
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More information
Prof. Dr. I. De Beelde Els De
Wielemaker Programmedirector
Programmeco-ordinator ?0032 (0)9 264 35 31
?00 32 (0)9 264 35 45 ignace.debeelde_at_UGent.be
els.dewielemaker_at_UGent.be maa_at_UGent.be
Department Accounting Corporate
Finance Kuiperskaai 55e (3rd floor) 9000
Ghent BELGIUM http//www.feb.ugent.be/AccoEco
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Information sessions
When? Wednesday March 31 2004
Friday July 02
2004 Wednesday
September 15 2004 At 6 p.m. Where?
Faculty of Economics Business Administration
Hoveniersberg 24 9000 Gent B
Belgium http//www.feb.ugent.be/AccoEco
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Q A ?

- Accommodation Students are responsible to
find their own accommodation. - Tuition Fee /-
502 EURO - Course expenses fixed 2100 EURO -
Timing start 1 October End 30 June - New
Brochure http// feb.UGent.be/masters
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Q A ?


European Student Guide
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Questions ?