Specialty 071 “ACCOUNTING AND TAXATION”

Educational Programme 

“DIGITAL ACCOUNTING”

First (Bachelor) level of higher education 

                                                                 Members of the Project Group:   

The National Agency for Higher Education Quality Assurance (NAQA), following the review of the accreditation case for the accreditation of the Educational Programme of Kyiv National Economic University named after Vadym Hetman “Digital Accounting” (level of higher education – Bachelor, field of study – 07 Management and Administration, specialty – 071 Accounting and Taxation), decided to ACCREDIT THE EDUCATIONAL PROGRAMME “DIGITAL ACCOUNTING” WITH THE DESIGNATION "EXEMPLARY". The decision was made at the NAQA meeting on the 28^th of May 2024, protocol No. 11 (61), ACCREDITATION CERTIFICATE No. 8624 dated 29^th of May 2024.

The innovative educational programme "Digital Accounting" is the only bachelor's level educational programme in Ukraine in the specialty 071 "Accounting and Taxation" accredited with the designation "EXEMPLARY".

This is an objective recognition of the high level of quality of training, which meets international standards and best practices, confirmed by the portfolio materials of the educational programme  https://kneu.edu.ua/ua/depts8/k_audytu/ka_OP_bak/ka_OP_bakdigta/.

The educational programme is aimed at training highly qualified and competitive specialists in accounting and taxation, who, deepening traditional professional competencies of accountants and auditors, acquire additional opportunities to implement the latest theoretical knowledge and practical skills in the digital economy: understanding e-business and information law; ability to conduct accounting and audit based on digital technologies and cloud infrastructures; perform intelligent business data analysis and programming in the accounting and control environment; possess knowledge of cybersecurity basics.

Features of the Educational Programme

The programme is based on research and practical application of knowledge formed within the framework of the latest achievements in accounting, analysis, control, audit, and taxation. The programme is oriented towards the practical implementation of modern knowledge using innovative technologies in business in the digital economy and digitalization of information formation and processing, including covering related subject areas.

The programme's feature is its focus on developing future specialists' ability to think systematically. The acquisition of such knowledge and professional competencies is ensured by the logical structure of the educational program and the curricula of the disciplines taught in Ukrainian and English. The educational process is based on applying the latest technologies and information visualization during contact classes, using interactive, combined, and problem lectures, business simulators, case methods, seminar discussions with elements of analysis, and presentation discussions.

Some disciplines may be taught in English.

The practical training system includes a) interdisciplinary training (3rd year of study);
b) internships (4th year of study) in the accounting departments of business organizations and government institutions, IT companies, and audit firms, as well as using special applied software products based on modern digital technologies; c) preparation and defense of the bachelor's qualification work.

The educational programme includes disciplines accredited by the Association of Chartered Certified Accountants (ACCA, UK) and allows for exemptions from exams F1-F4, F6, and F8.

The educational programme includes disciplines accredited by the Chartered Institute of Management Accountants (CIMA, UK), allowing graduates to directly enter the operational level of the CIMA qualification case study.

The educational programme includes educational components that are credited to candidates for auditors during their qualification as auditors, as theoretical knowledge in the areas of: basics of accounting and enterprise economics, management accounting, financial accounting; economic, civil, and corporate law, taxation. 

Graduates acquire practical skills in working with applied software packages: ERP system "IS-Pro" (configurations for commercial and budget institutions), "Master: Accounting" (configurations for commercial and budget institutions), online accounting "Accounting SaaS", "Ukrainian Accounting System UBS" (configurations for commercial and budget institutions), "M.E.Doc" (electronic document management), "YouControl", "UNITY-BARS", "Case Ware Audit", "Case Ware IFRS", "M.E.Doc. Financial Reporting under IFRS (iXBRL format)". Certification of users of applied software solutions "IS-Pro", "UBS", "Accounting SaaS", "Master: Accounting", "M.E.Doc", "Case Ware Audit", etc.

Components of the Educational Programme and Their Logical Sequence:

LIST

OF ELECTIVE COURSES,

Which are included in the Catalogue of Elective Academic Disciplines* 

The applicant is offered to choose the following number of academic disciplines each semester:

• 3^rd semester: 3 disciplines;
• 4^th semester: 3 disciplines;
• 5^th semester: 3 disciplines;
• 6^th semester: 3 disciplines;
• 7^th semester: 3 disciplines.

*The list of elective courses, the choice of which from the Catalogue of Elective Courses https://kneu.edu.ua/ua/Information_for/students/catalog_vubir_navch_disc/  and mastering, in the opinion of the project group members (developers of the educational programme), will deepen the acquisition of professional competencies.

^**Possible certification of the user of a special software product.

Employment and Competitive Advantages of Programme Graduates

The advantages of programme graduates are deep knowledge of the nature and dynamics of economic processes and phenomena, innovative technologies in the digital economy, a single digital market based on a single digital information space, the ability to use social network tools, digital etiquette, process optimization, intellectual data analysis, skills in creating various information resources and services, placing and maintaining them in the global computer network Internet.

Graduates can work in enterprises, financial institutions, banks, insurance companies, stock markets, government and local government bodies; in audit and consulting firms, enterprises, institutions, and organizations of the public sector, small and medium-sized businesses as specialists in accounting, audit, economic analysis, network accountants, network consultants in accounting and audit, virtual accountants, business analysts, digital analysts, information analysts, Web analysts, internal auditors, consultants in accounting and data analysis, Web-site developers, info stylists, usability specialists, coordinators of educational online platforms on accounting and audit, IT specialists, etc. In addition, graduates can hold positions common in modern business practice, namely: digital director, digital strategist, Chief Data Officer (CDO), Chief Analytics Officer (CAO), Chief Data Science Officer (CDSO), Big Data model developers, etc.

A Bachelor of Accounting and Taxation (educational program "Digital Accounting") is capable of performing professional work according to the National Classifier of Ukraine "Classifier of Professions" ДК 003:2010 (КП). 

Program Learning Outcomes

Upon completion of the program, graduates will:

• Know and understand economic categories, laws, causal and functional relationships between processes and phenomena at different levels of economic systems.
• Understand the place and importance of accounting, analytical, control, tax, and statistical systems in providing information to users of accounting and analytical information in solving problems in the social, economic, and environmental responsibility of enterprises.
• Determine the essence of accounting, analysis, control, audit, taxation objects and understand their role and place in economic activity.
• Form and analyse financial, managerial, tax, and statistical reporting of enterprises and correctly interpret the obtained information for making managerial decisions.
• Possess methodological tools for accounting, analysis, control, audit, and taxation of economic activity of enterprises.
• Understand the peculiarities of accounting, analysis, control, audit, and taxation practices of enterprises of different forms of ownership, organizational and legal management forms, and types of economic activity.
• Know the mechanisms of functioning of the budget and tax system of Ukraine and take into account its features for the purpose of organizing accounting, choosing the taxation system, and forming reporting at enterprises.
• Understand the organizational and economic mechanism of enterprise management and evaluate the effectiveness of decision-making using accounting and analytical information.
• Identify and assess the risks of economic activity of enterprises.
• Understand the theoretical foundations of audit and be able to apply its methods and procedures.
• Determine the directions for improving the efficiency of forming financial resources, their distribution, and control of use at the level of enterprises of different organizational and legal forms of ownership.
• Apply specialized information systems and computer technologies for accounting, analysis, control, audit, and taxation.
• Be aware of the peculiarities of enterprise functioning in modern economic conditions and demonstrate an understanding of their market positioning.
• Be able to apply economic and mathematical methods in the chosen profession.
• Possess general scientific and special methods of researching socio-economic phenomena and economic processes at the enterprise.
• Possess and apply knowledge of the state and foreign languages for the formation of business papers and communication in professional activities.
• Be able to work both independently and in a team, demonstrate leadership qualities and responsibility in work, adhere to ethical principles, respect individual and cultural diversity.
•  Analyse the development of systems, models, and methods of accounting at the national and international levels to justify the feasibility of their implementation at the enterprise.
• Adhere to a healthy lifestyle, safety of employees, and take measures to preserve the environment.
• Perform professional functions taking into account the requirements of social responsibility, labour discipline, be able to plan and manage time.
• Understand the requirements for professional activity, due to the need to ensure the sustainable development of Ukraine, its strengthening as a democratic, social, and legal state.
• Understand and realize their rights and responsibilities as a member of society, understand the values of a free democratic society, the rule of law, human and civil rights and freedoms in Ukraine.
• Preserve and multiply the achievements and values of a society based on understanding the place of the subject area in the general system of knowledge, use various types and forms of physical activity for a healthy lifestyle. 
• Understand and implement innovative technologies for improving applied information systems of digital enterprises.
• Understand the features of building and using cloud, fog, and lake technologies in accounting, analysis, and audit.
• Apply modern technologies and tools in conducting digital audits, analyse and summarize their results.
• Be able to apply the technology of information interaction with the target audience in the context of the open standard for business information exchange XBRL (iXBRL).