The accounting program is one of programs in the Faculty of Business and Economics that share with Al-Quds University its mission to make student learning a central focus. The accounting program combines both the bachelor’s and master’s degrees, the bachelor’s program is divided into two paths, and the first is the single specialty. Path in accounting and the second is the major in accounting with the possibility of obtaining a sub specialization from within the Faculty or from other Faculties at the university. The accounting program aims to graduate scientifically and practically qualified students to meet the needs of the various institutions in the Palestinian and other Arab countries and enabling the student to enroll in graduate programs in local, Arab and foreign universities.
The accounting program is based on the modern scientific and professional publications in accounting that are based on International Financial Reporting Standards (IFRS) and recent books and references in the fields of accounting and auditing. The academic study plan of the program aim to advance the knowledge and practice of accounting by providing by high quality accounting modern theories, standards, instruction, concepts, and practical in the accounting field to develop the students with superior skills, integrity, and professional attitude, and providing the community with highly qualified graduates with the accounting profession and having the ability to compete for important accounting jobs in the local and external community, and the program is also concerned with integrating students into the local community by conducting research on their problems and contributing to the decision-making and finding appropriate solutions so our student are not only equipped with knowledge of modern accounting standards an theories but also are technically proficient to add value to their profession.
The program is highly staffed by qualified instructors and high-level curriculum who are building bridges of cooperation with the local, Arab and external community sharing with the graduates’ students and the relationships with professional institutions in accounting. The program also contributes in organizing the profession of accounting and auditing and upgrading the professional practice through researches and professional participation at the level of the country or abroad.
- Provide students with theoretical accounting knowledge that based on generally accepted internationally accounting standards and principles.
- Provide students with the basic skills to prepare financial statements.
- Providing students with the basic skills for financial analysis and the ability to take the necessary financial and administrative decisions.
- Provide students with the basic skills to use technology in accounting and financial accounting programs.
- Provide the student with theoretical knowledge and professional skills to obtain various professional certificates in accounting and finance.
- Provide the student with the necessary skills for research and development.
Knowledge
- Recognize financial statements, their components, inconformity with (IFRS) and profession code of ethics.
- Identify different users of accounting information.
- Recognize international auditing standards.
- Identify the managerial and business cases related to accounting.
Intellectual Skills
- Analyze economic events.
- Analyze financial data.
- Solve accounting problems using different models.
Professional Skills
- Operate International Financial Reporting Standards and international standards on auditing.
- Perform financial information reports, schedules and forecasted financial reports.
- Operate an appropriate judgment on financial data.
Attitudes and Values
- Recognition of the need for, and an ability to engage in life-long learning.
- Ensure professional and ethical responsibility.
- Communicate clearly and influentially, both orally and in writing.
- Creating working groups, using appropriate skills including leadership skills, team-building and project management.
- Use contemporary techniques and technology.
Obtaining a general secondary school certificate or its equivalent, with an average of no less than 65%, scientific and literary, and so on.
- Public and private entities
- Auditing firms
- Financial Institutions (Banking and Insurance)
- Taxation
- Financial Consultation
The Academic plan consists of 123 credit hours distributed as follows:
Single Specialization |
Major Specialization |
|||
Compulsory |
Elective |
Compulsory |
Elective |
|
University Requirement |
18 |
6 |
18 |
6 |
Faculty Requirement |
27 |
– |
27 |
– |
Single Specialization Requirement |
57 |
15 |
|
|
Major Specialization Requirement |
|
|
39 |
6 |
Minor Specialization Requirement |
|
|
21 |
6 |
102 |
21 |
105 |
18 |
|
123 |
123 |
6.1. University Requirement (24 credit) 18 compulsory credit hours and 6 credit hours as elective
6.1.1. University Compulsory Requirements (18 credit hours) on follows:
Cr. Hours |
Course name |
course # |
No. |
2 |
Arabic Language skills |
0400100 |
1 |
2 |
English Language Writing Skills |
0400184 |
2 |
2 |
Communications English Language Skills |
0400185 |
3 |
2 |
Jerusalem Throughout History |
0400120 |
4 |
2 |
Palestine : Nature &Environment |
0400121 |
5 |
3 |
World Civilization |
0400123 |
6 |
3 |
Logical Thinking |
0400124 |
7 |
2 |
Islamic Culture |
0400122 |
8 |
6.1.2. University Elective Requirements (6 credit hours)
A. Languages
Cr. Hours |
Course name |
course # |
No. |
3 |
Hebrew Language1 ( Level 1) |
0400111 |
1 |
3 |
Hebrew Language 2 ( Level 2) |
0400112 |
2 |
3 |
French Language 1( Level 1) |
0400113 |
3 |
3 |
French Language 2 ( Level 2) |
0400114 |
4 |
3 |
German Language 1( Level 1) |
0400115 |
5 |
3 |
German Language2 ( Level 2) |
0400116 |
6 |
3 |
Spanish Language 1 ( Level 1) |
0400117 |
7 |
3 |
Spanish Language 2 ( Level 2) |
0400118 |
8 |
3 |
Turkish Language 1 ( Level 1) |
0400119 |
9 |
3 |
Turkish Language 2 ( Level 2) |
0400129 |
10 |
3 |
Italian Language 1 ( Level 1) |
0400146 |
11 |
3 |
Italian Language 2 ( Level 2) |
0400147 |
12 |
3 |
Any Foreign Language Approved by the Academic Council |
/ |
13 |
B. University requirement (6 credit hours) cultural courses
Cr. Hours |
Course name |
course # |
No. |
3 |
Science and Life |
0301420 |
1 |
3 |
Internet for Special Purposes |
0303100 |
2 |
3 |
Introduction to Public Health and Environment |
0305100 |
3 |
3 |
Fine Arts |
0400130 |
4 |
3 |
Literary Appreciation |
0400132 |
5 |
3 |
Women and Men in Human Societies |
0400133 |
6 |
3 |
Issues in Modern and contemporary Arab Thought |
0400141 |
7 |
3 |
Special Topic |
0400148 |
8 |
3 |
Communication Skills |
0403131 |
9 |
3 |
History and Philosophy of Science |
0409135 |
10 |
3 |
Democracy, Human Rights and International Humanitarian Law |
0500140 |
11 |
3 |
Conflict Resolution by Peaceful Means |
0500143 |
12 |
3 |
Introduction to Legal Thought |
0500145 |
13 |
6.2. Faculty Requirements:
Accounting students must pass (27) credit hours as follows:
Cr.Hrs |
Course name |
course # |
No. |
3 |
Principles of Microeconomic |
1301101 |
1 |
3 |
Principles of Macroeconomic |
1301102 |
2 |
3 |
Principles of Statistics |
1301103 |
3 |
3 |
Principles of Accounting I |
1302101 |
4 |
3 |
Principles of Accounting II |
1302102 |
5 |
3 |
Essential of Management |
1304101 |
6 |
3 |
Principle of Finance |
1303240 |
7 |
3 |
Principle of Marketing |
1305101 |
8 |
3 |
Introduction for Development |
0430113 |
9 |
27 |
Total |
Specialization terms: the student must earned the following Grads in order to continue at accounting program:
Grads |
Course name |
course # |
No. |
70% |
Principles of Accounting 1 |
1302101 |
1 |
70% |
Principles of Accounting 2 |
1302102 |
2 |
6.3. Single Specialization:
6.3.1. Compulsory Requirements (57 Credit Hours)
Prerequisite |
Credit |
Course Name |
course # |
# |
1302102 |
3 |
Intermediate Accounting I |
1302201 |
1 |
1302201 |
3 |
Intermediate Accounting II |
1302202 |
2 |
1302102 |
3 |
Tax Accounting |
1302203 |
3 |
1302102 |
3 |
Accounting for Non-profit Entities |
1302204 |
4 |
1302102 |
3 |
Cost Accounting |
1302301 |
5 |
1302202 |
3 |
Financial Analysis |
1302303 |
6 |
1302102 |
3 |
Accounting Information System |
1302304 |
7 |
1302202 |
3 |
Accounting for Financial Institutions |
1302307 |
8 |
1302202 |
3 |
Islamic Accounting |
1302309 |
9 |
1302202 |
3 |
International Financial Reporting Standards (IFRS) |
1302310 |
10 |
1302202 |
3 |
Corporate Governance |
1302311 |
11 |
1302311 |
3 |
Internal Auditing |
1302312 |
12 |
1301103 |
3 |
Scientific Research Methods in Accounting |
1302315 |
13 |
1302303 |
3 |
Auditing I |
1302401 |
14 |
1302301 |
3 |
Managerial Accounting |
1302404 |
15 |
1302202 |
3 |
Accounting Theory |
1302403 |
16 |
1302202 |
3 |
Advanced Financial Accounting |
1302405 |
17 |
1302202 |
3 |
Auditing II |
1302402 |
18 |
1302315 |
3 |
Senior Seminar for Accounting |
1302444 |
19 |
57 |
Total Credit Hours |
6.3.2. Elective Requirements (15 Credit Hours)
The student must complete 9 credit hours from the department’s electives and 6 credit hours from the third year level or higher than the other faculty departments’ electives.
Prerequisite |
Cr. Hours |
Course Name |
course # |
# |
1302401 |
3 |
International Standards on Auditing |
1302406 |
1 |
1302202 |
3 |
Selected Topics in Accounting |
1302410 |
2 |
1302202 |
3 |
Training in Accounting |
1302440 |
3 |
1301102 |
3 |
Contemporary Accounting Issues |
1302448 |
4 |
|
3 |
Business Analytics and Digital Media |
1302449 |
5 |
6.4. Major Specialization
6.4.1. Compulsory Courses for Major Specialization (39 Credit Hours)
Prerequisite |
Cr. Hours |
Course Name |
course # |
# |
|
1302102 |
3 |
Intermediate Accounting I |
1302201 |
1 |
|
1302201 |
3 |
Intermediate Accounting II |
1302202 |
2 |
|
1302102 |
3 |
Tax Accounting |
1302203 |
3 |
|
1302102 |
3 |
Cost Accounting |
1302301 |
4 |
|
1302202 |
3 |
Financial Analysis |
1302303 |
5 |
|
1302102 |
1 |
Accounting Information System |
1302304 |
6 |
|
1302202 |
3 |
International Financial Reporting Standards (IFRS) |
1302310 |
7 |
|
1301103 |
3 |
Scientific Research Methods in Accounting |
1302315 |
8 |
|
1302303 |
3 |
Auditing I |
1302401 |
9 |
|
1302301 |
3 |
Managerial Accounting |
1302404 |
10 |
|
1302202 |
3 |
Accounting Theory |
1302403 |
11 |
|
1302202 |
3 |
Advanced Financial Accounting |
1302405 |
12 |
|
1302315 |
3 |
Senior Seminar for Accounting |
1302444 |
13 |
|
39 |
Total Credit Hours |
6.4.2. Elective Courses for Major Specialization 6 Credit Hours.
Prerequisite |
Cr. Hours |
Course Name |
course # |
# |
1302102 |
3 |
Accounting for Non-profit Entities |
1302204 |
1 |
1302202 |
3 |
Accounting for Financial Institutions |
1302307 |
2 |
1302202 |
3 |
Islamic Accounting |
1302309 |
3 |
1302202 |
3 |
Corporate Governance |
1302311 |
4 |
1302311 |
3 |
Internal Auditing |
1302312 |
5 |
1302401 |
3 |
Auditing II |
1302404 |
6 |
1302406 |
3 |
International Standards on Auditing |
1302406 |
7 |
1302403 |
3 |
Selected Topics in Accounting |
1302410 |
8 |
1302403 |
3 |
Training in Accounting |
1302440 |
9 |
1302202 |
3 |
Contemporary Accounting Issues |
1302448 |
10 |
|
3 |
Business Analytics and Digital Media |
1302449 |
11 |
6.5. Minor Specialization in Accounting:
6.5.1. For Faculty’s Student from other Departments.
1. Obligatory Courses for Minor Specialization in Accounting (21credit)
Prerequisite |
Cr |
Course Name |
course # |
# |
1302102 |
3 |
Intermediate Accounting I |
1302201 |
1 |
1302201 |
3 |
Intermediate Accounting II |
1302202 |
2 |
1302102 |
3 |
Tax Accounting |
1302203 |
3 |
1302102 |
3 |
Cost Accounting |
1302301 |
4 |
1302202 |
3 |
Auditing I |
1302401 |
5 |
1302301 |
3 |
Managerial Accounting |
1302404 |
6 |
1302202 |
3 |
Advanced Financial Accounting |
1302405 |
7 |
21 |
Total Credit Hours |
2. Elective Courses (6 credit), can be selected from the accounting department’s offered courses.
6.5.2. For the Students from other Faculties
Obligatory Courses for Minor Specialization in Accounting (30 credit)
Prerequisite |
Cr |
Course Name |
course # |
# |
– |
3 |
Principles of Accounting I |
1302101 |
1 |
1302101 |
3 |
Principles of Accounting II |
1302102 |
2 |
1302201 |
3 |
Intermediate Accounting I |
1302201 |
3 |
1302202 |
3 |
Intermediate Accounting II |
1302202 |
4 |
1302102 |
3 |
Tax Accounting |
1302203 |
5 |
1302202 |
3 |
Cost Accounting |
1302301 |
6 |
1302202 |
3 |
Auditing I |
1302401 |
7 |
1302301 |
3 |
Managerial Accounting |
1302404 |
8 |
1302202 |
3 |
Accounting Theory |
1302403 |
9 |
1302202 |
3 |
Advanced Financial Accounting |
1302405 |
10 |
30 |
Total Credit Hours |
Principles of Accounting I (1302101)
This course provides an introduction to the basic concepts of financial accounting for students who have not previously studied accounting. This course contains a set of foundations, concepts and procedures as stipulated in the international standards for preparing financial reports applied to transactions and financial events that affect the financial and economic position of various business organizations. The student will understand the procedures and systems necessary to collect data related to financial events, analyze, measure, record and show them the accepted financial reports, and that is through a deep understanding of the elements of the accounting cycle. This course contains the general principles for preparing financial reports, which include the statement of financial position, statement of income, statement of retained earnings, and statement of shareholders’ equity. The student will study some items of financial statements that include accounting for merchandising operations as well as cash and bank accounting and control.
Principle of Accounting II (1302102 )
This course comes as a supplement to the Principles of Accounting 1 course, where it aims to provide the student with the skills necessary to understand the accounting principles of some accounts including receivables, fixed and intangible assets, short and long-term liabilities, shareholders’ equity and investment-related operations. The course also includes the basic principles related to preparing the cash flow statement.
Intermediate Accounting I (1302201)
An in-depth study of the conceptual and institutional framework for financial accounting, accounting as an information system, characteristics of accounting information, measurement of elements of the statement of income and retained earnings, statement of financial position, statement of cash flows, accounts receivable and inventories.
Intermediate Accounting II (1302202)
It deals with an in-depth study of accounting for fixed assets, intangible assets, short-term and long-term liabilities, property rights, return, dividends, taxes, disclosure of change in the use of accounting methods, accounting for lease and retirement contracts, and investments.
Tax Accounting (1302203)
This course deals with income tax it also course the properly tax and other local taxes and duties. Income tax problems and issues in the Palestinian Authority and East Jerusalem in addition to the calculation of the VAT and what the taxpayer should do to minimize the tax burden.
Accounting for Not-for-Profit Organization (1302204)
This course is an introduction to the theory and practice of accounting and financial reporting for governmental and not-for-profit entities. Includes a study of fund accounting and budget accounts for state and local governmental units, revenues, appropriations, disbursements, assessments, and other accounting issues related to the not for profit organization such as, universities, hospital, and other entities.
Cost Accounting (1302301)
This course involves an introduction to the principle and practices of cost accounting as related to the cost accounting cycle of a job-order, costing system and process cost accounting. Emphasis will also be given to the analysis of budgets and standard costs, and activity based costing finally, it the variable costing to also covered with course.
Financial Analysis (1302303)
This course aims to provide the student with the necessary skills in how to analyze and read financial statements and accompanying financial disclosures, which are an essential part of companies’ financial reports in order to help users of financial reports in the process of making appropriate financial and administrative decisions and to understand how the accounting policies affect the economic position of the company. On the other hand, this course enhances the student’s ability to use financial data as part of a comprehensive evaluation of the company’s strategy and evaluation, and the course also provides the general structure and tools for analyzing financial data. Examples include horizontal and vertical analysis of financial data, liquidity and profitability analysis, market analysis and cash flows analysis. This course deals with some of the financial models necessary in the evaluation of companies, such as the prediction model for financial failure and some of the models necessary for the evaluation of the company.
Accounting Information System (1302304)
Accounting can be defined as an information system that supports business processes and decision-making. This course explores business processes and transaction cycles, related internal controls, and the use of computers as tools for the collection, organization, analysis and reporting of accounting data. In this course, students also learn basic system documentation techniques, database concepts and AIS development strategies. Course also includes brief discussions on cybercrimes and threats to technology-based accounting systems. Rapid development of information technology and the trends of using IT in different disciplines have driven modern businesses to use big data, data analytics and cloud solutions in accounting functions. Students get hands-on experience on using a cloud based accounting software.
Accounting for Financial Institutions (1302307)
This course is interested in studying the nature of financial institutions accounting system , and accounting for operations in the technical sections in commercial banks, as well as the accounting system of Islamic banks, and the insurance companies.
Islamic Accounting (1302309)
This course covers the basics and principles of Islamic accounting and cycle, financial statements. It also deals with transactions of business in Islamic insurance and banks accounting in Islamic and zakat.
International Financial Reporting Standards (1302310)
This course discusses international accounting standards and international financial reporting standards and how to develop them, and their impact on the process of preparing financial statements. It aims to provide the student with the methods, skills and information necessary to carry out accounting treatments in accordance with international accounting standards and international financial reporting standards and the most important amendments that have occurred recently, as well as providing the student with skills Necessary to prepare basic financial statements in accordance with international accounting standards and provide the necessary disclosures.
Corporate Governance (1302311)
This course aims to introduce the student to the concept of corporate governance and clarify the relationship between the executive management, members of the board of directors and shareholders, explaining the basic rights and interfaces of these parties in companies. And get to know the principles of corporate governance published by the Organization for Economic Cooperation and Development OECD and get to know the reality of corporate governance in joint stock companies in Palestine.
Internal Auditing (1302312)
The course provides an introduction to internal audit from with related issues that includes include internal auditing standards, risk assessment, audit techniques, and emerging issues.
Research Methods in Accounting (1302315)
This course deals with research methods, advantages to business methods of collecting data, literature review, research plan design, selected statistical methods of data analysis, and research paper forming –case study.
Auditing I (1302401)
Generally accepted auditing standards, audit objectives and procedures, application to audit of major balance sheet accounts, professional ethics and responsibilities internal control, audit programs, work paper and reports.
Managerial Accounting (1302404)
This course provides a sound understanding to techniques and methods for managerial decisions-making, the cost volume profit analysis profit planning operational budgets, capital budgeting decision making, and pricing methods are also covered in the course.
Accounting Theory (1302403)
The ideational base for all the logic imposition and the scientific principles which forms the general frame for accounting theory, and its practical application the effect of each imposition and each principle on the business results and the financial center.
Auditing II (1302402)
A completion in auditing cycle, Materiality, risks, substantive tests, Audit sampling. Auditing the revenue cycle, expenditure cycle, production and personnel services cycle, investing and financing cycle and Auditing cash balances.
Advanced Financial Accounting (1302405)
Accounting concepts for treating partnership formation and dissolution; branch accounting business combination and consolidation of parent and subsidiary companies with.
International Auditing Standards (1302406)
This course comes as a supporting course for auditing and aims to familiarize the student with the importance of auditing and the audited financial statements by the external auditor, on which the various external parties depend on the basis of internationally recognized auditing standards and evidentiary standards that are obligatory to follow when practicing the profession. It also contains a detailed study of the most important standards issued by the International Accounting Association (IFAC).
Practical Training (1302440)
This course provides opportunities to further the professional career development of students. Placements are designed to utilize academic concepts in a work setting and to bring practical knowledge of a functioning business back to the classroom.(Training in service companies or banks, industrial and audit firms).
Senior Seminar in Accounting (1302444)
This part is designed to provide senior accounting students with an opportunity to conduct a seminar integrating two or three topics in the student’s area of concentration. Each student must submit an oral presentation and a written research paper to faculty. Required of and restricted to all accounting majors in the last term of their senior year.
Contemporary Issues in Accounting (1302448)
This course reviews some of the modern accounting issues such as accounting for price changes and inflation and its theories, the unified purchasing power accounting model and the current cost accounting model, and accounting problems for human resources in terms of the problems of accounting measurement and disclosure and accounting for social responsibility by presenting the concept and its importance and the problems of measurement and accounting disclosure for these social activities And the problems of environmental accounting by presenting the concept and importance in economic projects and its problem of accounting in monetary units of the environment and natural resources and new issues in the field of accounting.
Business Analytics and Digital Media (1302449)
The course deals with the rapid development that occurred in digital media – on the Internet, and social networks. Where this spread of digital media poses a threat and an opportunity for many companies. In this course, we will focus on its impact on companies’ performance, profitability, quality of their products and their competitive position.