Introduction

This 3-year Bachelor’s degree study programme will provide students with expertise in the areas of business and administration, auditing, accounting, taxes and fees. This will qualify them for positions in auditing in the private and public sectors, in the accounting profession, in the area of accounting within organizations and other administrative positions in finance and administration.

The title Bachelor of Auditing and Accountancy will be awarded to students who complete the study programme with a grade C or above in the courses Auditing, Annual Accounts and Good Accounting Practice, Law and Tax Law. The candidate will, by fulfilling the requirements for the diploma and then completing 3 years' accountancy training culminating in a practical examination, which must receive a passing mark, be eligible to be a registered public accountant. This will qualify the candidate to operate his/her own accountancy practice. By fulfilling the requirements for a diploma, and with 2 years of accounting practice, the candidate will be eligible to become a registered accountant. This will qualify him/her to run their own bookkeeping business. On being awarded a diploma with the necessary grade requirements, the candidate will be eligible for admission to Master’s degree study programmes, including the study programme in Accountancy.

Target Group and Admission Requirements

The study programme is intended for anyone who wishes to gain qualifications at the Bachelor’s degree level in finance and administrative studies, with a specialization in accountancy, bookkeeping and tax. In order to gain admission to the study programme, applicants must fulfil general admission requirements or possess prior experiential learning.

Aim of the Programme

The aim of the Bachelor’s degree programme is to educate practice-oriented and reflective professionals. The study programme qualifies students for positions in accountancy, bookkeeping and the area of finance and administration in the private and public sectors.

Learning outcome

A candidate who has completed the three-year Bachelor's degree in Auditing and Accounting will have achieved the following learning outcomes defined in terms of knowledge, skills and general competence:

Knowledge

The candidate:

• Has broad knowledge of business financial analysis
• Has broad knowledge of core topics, theories, problems, processes, tools and methods in the fields of accounting and auditing
• Has basic knowledge of methodology, administration and the social sciences
• Has knowledge of the nature and historical development of accounting and auditing practice, and of its importance from a societal perspective.
• Has knowledge of the various auditing requirements and systems applicable in the private and public sectors
• Is familiar with R&D work within his or her own field, as well as of relevant methods and ways of working in the field
• Is able to update his or her knowledge within the field by obtaining information, maintaining contacts with professional milieus, and through professional practice

Skills

In relation to practical and theoretical problems in the areas of financial auditing, accounting, tax law, and jurisprudence,

The candidate can:

• Use recognised analytical methods
• Apply relevant R&D findings
• Apply other relevant knowledge, and
• Provide reasoning for his/her choices

The candidate also:

• Has a command of current core methodology, techniques and terminology in the fields of accounting and auditing
• Can identify, plan and complete projects and assignments both individually and as part of a team, when undertaking auditing and accounting assignments
• Can identify, evaluate and refer to information and professional materials, and present them so they shed light on professional issues
• Can explain the significance and consequences of various types of regulatory frameworks in relation to auditors' reports and other types of reporting

General competence

The candidate:

• Has knowledge of environmental, social and economic impacts of services and solutions in their field and can put them in a socially beneficial, ethical and sustainable perspective
• Can communicate relevant scientific knowledge to diverse audiences both in writing and orally
• Can reflect on their professional practice, as well as in teams and interdisciplinary contexts, and adapt it to current work
• Can contribute to the development of good practice by participating in discussions in the field and share their knowledge and experiences with others
• Is familiar with how the subject business administration may be related to innovation and entrepreneurship.
  

Curriculum and structure

1st. Year of Study Code Course title Credits O/V *) Credits pr. semester   S1(A) S2(V) S3(A) S4(V) S5(A) S6(V) 6000 Business Financial Analysis and Accounts 7.50 O 7,5           6001 Mathematics 7.50 O 7,5           6002 Marketing 7.50 O 7,5           6003 Information Management 7.50 O 7,5           6004 Financial Accounting with Analysis 7.50 O   7,5         6005 Statistics I 7.50 O   7,5         6007 Microeconomics and Market Economics 7.50 O   7,5         6006 Commercial Law 7.50 O   7,5         Total: 30 30 0 0 0 0 *) O - Mandatory course, V - Optional course

2nd. Year of Study Code Course title Credits O/V *) Credits pr. semester   S1(A) S2(V) S3(A) S4(V) S5(A) S6(V) 6008 Investment and Financing I 7.50 O     7,5       6009 Macroeconomic Theory and Policy 7.50 O     7,5       6011 Social Science Methods 7.50 O     7,5       6010 Organisation and Ethics 7.50 O     7,5       6088 Tax and Duty Laws 15.00 O       7,5     6012 Operational Accounting and Budgeting 7.50 O       7,5     6013 Enterprise Strategy 7.50 O       7,5     6030 Advanced Financial Accounting 7.50 O       7,5     Total: 0 0 30 30 0 0 *) O - Mandatory course, V - Optional course

3rd Year of Study Code Course title Credits O/V *) Credits pr. semester   S1(A) S2(V) S3(A) S4(V) S5(A) S6(V) 6088 Tax and Duty Laws 15.00 O         7,5   6090 Auditing 15.00 O         5 10 5101 Financial Statements and Generally Accepted Accounting Principles 15.00 O         7,5 7,5 6092 Business and Accounting Organization 10.00 O         10   6091 Valuation 7.50 O           7,5 5104 Municipal and National Accounting 5.00 O           5 Total: 0 0 0 0 30 30 *) O - Mandatory course, V - Optional course

The study programme for the three-year Bachelor's degree in Accounting and Auditing is based on the regulations of the national curriculum for Bachelor of Accounting and Auditing established by the Ministry of Education in 2012, and is a 3-year course of studies comprising 180 ECTS credits, consisting of 30 ECTS credits per semester. The study programme meets national and international curriculum requirements at undergraduate level.

It consists of courses that run over one or more semesters with a fixed number of lecture hours per week. The workload of each course corresponds to the number of ECTS credits.

The study programme may be subject to changes.

Internationalization

Within the study programme it is possible to take 30 ECTS credits (one semester) at an educational institution abroad. The students should make themselves familiar with the agreements and funding that is available. Information may be found at the following website: http://www.hit.no/nor/HiT/AA-studere-ved-HiT/AA-studere-i-utlandet/Utveksling-fra-HiT/Hvor-kan-jeg-reise/HiTs-avtalepartnere

Teaching and Learning Methods

The study programme includes a variety of teaching and learning methods, such as lectures, seminars, group projects, individual assignments and field trips. Traditional teaching methods may be supplemented by active use of e-mail, Internet and computer-based modelling tools.

Scope of studies
The expected scope of work amounts to 1,600 hours per 60 ECTS credits per year, which corresponds to approximately 27 hours per ECTS credit.

Assessment Methods

The candidates’ knowledge of the study programme’s courses will be assessed. A variety of assessment methods will be used. The particular types of assessment are listed in the individual course descriptions. Grades are awarded on a scale from A-F where F represents a failing grade. To receive a diploma with the title Bachelor of Auditing and Accountancy the candidate must meet the requirements to be a certified public accountant: complete the study programme according to the current curriculum; and achieve a grade of C or better in the courses Tax Law, Accountancy Law, Auditing, Annual Accounts and Good Accounting Practice. Candidates who complete the study programme but who fail to meet the grade requirements will be awarded a diploma with the title Bachelor’s Degree in Business Administration.

Minor adjustments may occur during the academic year, subject to the decision of the Dean