Acknowledge and understand ethical issues associated to accounting profession.
Prepare financial statements according to Generally Accepted Accounting Principles (GAAP)
Employ critical thinking to examine and analyze financial data and effects of differing financial accounting methods on the financial statements.
Define the needs of the various users of accounting data and demonstrate the ability to communicate and recommend such data in transforming into useful information.
Apprehend fraud related circumstances and find preventives measures
Demonstrate an understanding of current auditing standards and acceptable practices, as well as the impact of audit risk on the engagement.
Understand the audit process from the engagement planning stage through completion of the audit, as well as the rendering of an audit opinion via the various report options.
Apply cost accounting methods to evaluate and project business performance.
Demonstrate an understanding of the taxation of individual income.
Apply appropriate judgment derived from knowledge of accounting theory, to financial analysis and decision making.
The student will experience real-world learning and application of skills via their internship.
ISHIK UNIVERSITY
