ACCOUNTING THEORY

Essence and functions of accounting in the enterprise management. Principles of accounting organization and its elements. Presentation of evidences: registration and inventory. Cost calculations in accounting: evaluation and costing. Account as a principle and element of the accounting method. Analytical and control accounts, the correlation between them. Components of the double-entry accounting system. Peculiarities of the accounts in the double-entry system and their correlation with the balance. Working and nominal accounts. Accounts plan and its development. Methodology of the current accounting - accounting technology for the general and internal processes. Accounting registers. Accounting reports. Audit and its essence. Audit activity. Basics of the accounting organization.

FINANCIAL ACCOUNTING

Basics of the financial accounting organization. Financial report indices. Statutory fund accounting. Accounting for the currency and credit operations; accounting of the payment transactions. Securities accounting; financial investments accounting. Accounting of the budget payments. Insurance accounting. Loans' accounting. Labour accounting and labour payments. Social insurance accounting. Pension plans' accounting. Production resources accounting and commodity accounting. Labour facilities accounting in their availability and circulation. Amortization accounting. Non-material assets accounting. Business activity expenditures according to the elements and kinds of activity and commodity types. Accounting of the production cost and commercial activity cost; settled costs accounting. Organization of the owned production accounting. Accounting of the owned products sale and sale of the purchased products. Sales costs. Accounting of the taxes related to sales. Financial results accounting for the sales and non-sales receipts and expenditures. Accounting in the revenues allocation between the state and an enterprise. Earnings retained for use in business. Funds and reserves in accounting. Dividend payout. Financial data generalization for the balance sheet and other forms of the financial reports. Financial reports of an enterprise. Final operations on the annual report.

MANAGEMENT ACCOUNTING (I)

Basic principles of the cost accounting. Costing calculations for the products, works and services. Peculiarities of the production process accounting. Accounting of the production resources and of the product output. Financial results accounting according to the kinds of production and types of activity. Peculiarities of resources accounting in commercial activity. Peculiarities of cost accounting in commercial activity.

MANAGEMENT ACCOUNTING (II) - Accounting in various branches of national economy

Peculiar features of accounting, paperwork and paper flow in the trade enterprises: commodity accounting and accounting of the commodity operations; markup accounting etc. Accounting in the building contracting agencies: accounting for the construction and assembly works; financial settlements with the customers; expenses on the building machines' usage etc. Accounting in the motor carrier enterprises: accounting of the fuel and lubricating materials; motor carrier costing etc. Management accounting on the agricultural enterprises: products costing for the crops and in the cattle breeding; accounting of the agricultural production etc.

ECONOMIC ANALYSIS

General framework of the analytic activity. Theoretical grounds of economic analysis of business activity. Methodology and instruments of the analysis. Analysis of the business-plan implementation. Analysis of the funds' application. Analysis of the production, works and services. Production resources analysis. Analysis of the commodities and their flow. Analysis of labour and of the payment for it. Analysis of the fixed assets and non-material actives. Production expenses' analysis. Costing analysis. Sales analysis. Analysis of the financial condition and of the financial results. Analysis of the balance; analyzing the financial reports. Technical and technological states' analysis. Analysis of the enterprise investment activity. Analysis of the enterprise external economic activity.

CONTROL AND AUDIT

Organization and methodology of control and audit. Planning of the control and audit activities. Cash audit. Accounts examination. Audit of the material and non-material resources. Production resources audit. Fixed assets audit. Labour audit and labour payment audit. Production cost audit. Product sales audit. Financial results audit. Financial condition audit. Profitability analysis. Presentation of the audit results and conclusions (audit report).

AUDITING

Essence and role of audit. Economic content of the business facts and their legal support. System of indices for the financial reports and auditing. Mandatory (enforced) audit. Audited entities. Audit organization. Control structure. Audit risk. Planning, stages and procedures of the audit. Audit evidences. Diagnostics procedures. Audit of the enterprise's reports. Audit of the financial condition and of the financial results. Audit of separate business fields. Audit in computing. Internal audit.

FOREIGN ECONOMIC ACTIVITY: ACCOUNTING AND ANALYSIS

Audit organization for the foreign economic activity. Audit of the joint ventures activities. International standards of accounting. Currency assets accounting. Export operations accounting; import operations accounting. Re-export operations accounting. Payment transactions accounting. Activity cost accounting. Financial results accounting. Audit of income distribution to investors. Reporting methodology in the foreign economic activity. Joint ventures reporting methodology.

ACCOUNTING AND AUDIT IN FOREIGN COUNTRIES

Fundamentals of accounting in foreign countries (theory). Subject matter of accounting. Accounting methodology. Organization and management of accounting. Financial accounting and its organization. Liabilities accounting. Equity accounting; debt-equity accounting. Assets accounting. Methods of assets valuation. Accounting of the foreign exchange operations. Activity resources accounting. Fixed assets accounting. Non-material assets accounting. Rent relations accounting. Investment activity accounting. Accounting of expenses, profits and financial results. General framework of the expenses, profits and financial results accounting. Accounting of expenses, profits and financial results in the production field. Accounting of expenses, profits and financial results of the commercial activity. Financial reports of an enterprise. Liquidation accounting; accounting in the situations of merger and dispersal. Internal (managerial) accounting and analysis. Accounting systems. Accounting control and audit activity. Internationalization of accounting and audit.

ACCOUNTING IN BANKING AND INSURANCE

Peculiarities of accounting in the fields of banking and insurance activity. Peculiarities of paperwork and paper flow in banking and insurance. Bank accounting system. Peculiarities of the money funds accounting. Accounting of transaction operations in banks. Credit operations accounting. Securities operations accounting. Interbank payments accounting. Accounting of the foreign currency transactions Bullion operations accounting. Income accounting. Financial reports of banks and methods of their analysis. Accounting of premium receipts and repayments. Accounting of the insurance indemnity payments and benefit payments. Accounting in the property and individual insurance.

AUDIT PROCEDURES: ORGANIZATION AND METHODOLOGY

Audit, its essence and contents, its functions in the economic control under the market conditions. Types of audit; methods of auditing. Audit instruments. Auditing process and stages in it. Basic principles of audit regulation. Defining the audit strategy and its objective goals. Audit standards and regulations; their application in Ukraine. Audit paperwork. Audit planning. Audit program development. Developing a working plan and a schedule for an audit. Audit sampling. Quality control in auditing. Audit information and audit evidence. Kinds of evidence and methods of their acquisition. Auditing methods; auditing procedures. Evaluation of the going concern concept. Enterprise bankruptcy evaluation. Activity results evaluation and summarizing the mistakes and the misconducts. Forms and structure of audit report. Audit conclusions: their essence and kinds.

ORGANIZATION OF ACCOUNTING, ECONOMIC ANALYSIS AND CONTROL

Theoretical and methodological grounds of accounting, economic analysis and control. Accounting process organization. Organization of the analytical process. Control process organization. The process of primary accounting, current cost accounting and final accounting, their structure. Forms of accounting, analytical and control information display. Accounting, analytical and controlling services and their arrangement. Organizational procedures in accounting, control and analysis. Regulations and standards in organization of accounting, control and analysis. Informational, technical and ergonomic support of accounting, analysis and control. Further development trends in accounting, analysis and control.

INTERNAL AUDITING

Tasks, objects, sources of information and methodological grounds for the audit. Accounting system check: forms of accounting and the peculiarities of their adjustment in accordance with the enterprise activity; business operations records - from the primary paperwork to the accounting reports - in their full disclosure and compliance. Diagnostics for typical mistakes and misconducts. General overview of accounting reports and their evaluation. Internal audit, its organization on an enterprise; internal audit as opposed to external audit. Internal control on an enterprise, the directions of its organization and the evaluation of its efficiency by the external auditor.

FORENSIC AUDIT

Audits in the field of law enforcement. Audits classification. Differences between forensic audits and financial audits, and their common features. Objects, methods and process of the forensic audit. Legal procedures of the forensic audit assignment. Organization, planning and methodology of the forensic audits. Rights and obligations of the forensic auditor. Presentation of the forensic audit results.

INTERNATIONAL ACCOUNTING OF INVESTMENT OPERATIONS

Fundamentals of accounting for international investment operations. Financial payments methods in the field of international investments. Accounting of the short-term investments operations: share investments accounting; bond investments accounting. Accounting of the long-term investments operations: long-term share and bond investments; defining an appropriate method for long-term capital investments. Comparing capital securities accounting and debt securities accounting. Reporting on the financial investments using various methods of the capital investment accounting. Accounting in investments attraction: shares issue accounting; bonds accounting.

INTERNATIONAL STANDARDS OF ACCOUNTING

Historical survey of the accounting development and the necessity of international standards introduction in accounting. General overview of the international standards in accounting. Detailed characteristics of international standards in accounting. International standards of accounting in the field of the material production reserves estimation. International standards of the investment operations accounting. International standards of accounting for the financial reports.