Master of Science [M.Sc] [Accounting and Financial Management] From Lancaster University

The Masters in Accounting and Financial Management provides advanced study of accounting and financial management. It enables professionally qualified accountants to take stock of what they have learned in practice and helps able graduates to extend their academic training to the frontiers of knowledge within the discipline.

It aims to provide the theoretical framework and skills that accountants and financial managers need to cope with an increasingly complex and global accounting environment. It also provides a valuable foundation for those contemplating careers in areas such as investment banking, financial analysis which are likely to involve extensive use of accounting information.

The accounting modules provide coverage of both US GAAP and International Financial Reporting Standards (IFRS). Coverage of US GAAP in our first-term module relates primarily to inventories, tangible and intangible fixed assets, leases, liabilities, OBSF, and deferred taxation. Coverage of IFRS in our second-term module relates primarily to reporting financial performance (draft proposals), stock-based compensation, earnings per share, intangible assets, business combinations, goodwill, foreign currency translation, and financial instruments. Throughout, emphasis is given to important differences between US GAAP and IFRS.

Many holders of this MSc have progressed to senior positions in the accounting profession and industry. Others are now faculty members in UK universities and throughout the world.