- 3 Year (s)
- 900,000 UGX Per Sem
- Evening & Weekend
Intakes: JAN & FEB | APR & MAY | AUG & SEP
Intakes: JAN & FEB | APR & MAY | AUG & SEP
A Diploma in Accounting is a program designed to provide students with a comprehensive understanding of accounting principles, practices, and skills. This diploma program typically covers a range of subjects related to financial accounting, managerial accounting, taxation, auditing, and other relevant areas of accounting.
Financial Accounting: The program starts by introducing students to the fundamental concepts and principles of financial accounting. Students learn how to record, classify, and summarize financial transactions, and prepare financial statements such as income statements, balance sheets, and cash flow statements. They also gain an understanding of the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
Managerial Accounting: Students delve into managerial accounting, which focuses on the use of accounting information for internal decision-making and planning. They learn how to analyze costs, prepare budgets, conduct variance analysis, and make strategic business decisions based on financial data. This knowledge is essential for management roles and helps businesses optimize their operations and profitability.
Taxation: The program covers the fundamentals of taxation, including different types of taxes, tax laws, and regulations. Students learn how to calculate tax liabilities for individuals and businesses, understand tax planning strategies, and comply with tax laws. They gain knowledge about tax deductions, credits, and reporting requirements, preparing them for roles in tax preparation, compliance, and advisory.
Auditing: Students learn about the auditing process and the role of auditors in evaluating and verifying financial records. They gain an understanding of auditing principles, techniques, and standards. Students learn how to assess internal controls, identify risks, and perform audit procedures to ensure financial statements’ accuracy and compliance with relevant regulations. This knowledge is crucial for careers in auditing, internal control, and risk management.
Entry Qualification: ‘A’ Level and above or the equivalent qualifications
Duration: 2 years
ACD111 – Business Organization & Management (3CU):
This course covers the fundamental principles of business organization and management. Students learn about different forms of business ownership, organizational structures, and key management functions such as planning, organizing, leading, and controlling.
COM210 – Communication Skills (3CU):
This course focuses on developing effective communication skills for business professionals. Students learn verbal and non-verbal communication techniques, active listening skills, and strategies for professional written and oral communication.
ECO230 – Economics (4CU):
This course introduces students to economic principles and their application in business decision-making. Students learn about supply and demand, market structures, macroeconomic and microeconomic concepts, and the role of government in the economy.
ACD100 – Financial Accounting I (3CU):
This course introduces students to the basics of financial accounting. They learn about recording and reporting business transactions, preparing financial statements, and analyzing financial performance.
COF240 – Computer Fundamentals (3CU):
This course provides a foundational understanding of computer systems and software applications. Students learn about computer components, operating systems, and basic computer skills.
ENT240 – Business Entrepreneurship (3CU):
This course focuses on the principles of entrepreneurship. Students learn about identifying business opportunities, creating business plans, and developing entrepreneurial skills.
ACD131 – Statistics (4CU):
This course introduces students to statistical concepts and their application in business decision-making. Students learn about data collection, analysis, and interpretation, as well as probability theory and hypothesis testing. The course equips students with the skills to make informed business decisions based on statistical analysis.
ACD132 – Business Law (3CU):
This course covers the legal principles and regulations that govern business operations. Students learn about contract law, employment law, intellectual property rights, and other legal considerations relevant to business. They gain an understanding of legal rights, obligations, and ethical issues in the business environment.
ACD133 – Production Management (3CU):
This course focuses on the principles and practices of production management within organizations. Students learn about planning, organizing, and controlling the production process. They study topics such as inventory management, quality control, and productivity improvement. The course equips students with the skills to effectively manage production operations and optimize efficiency.
ACD211 – Taxation Management (3CU):
This course focuses on the principles and practices of taxation in the business context. Students learn about different types of taxes, tax laws and regulations, tax planning strategies, and compliance requirements. They gain an understanding of how taxes impact business decisions, financial statements, and overall business operations. The course aims to equip students with the knowledge and skills to effectively manage tax obligations, minimize tax liabilities, and ensure compliance with tax laws.
REM210 – Research Methodology (4CU):
This course provides students with a foundation in research methods and techniques. Students learn about different research methodologies, data collection methods, sampling techniques, and data analysis approaches. They gain an understanding of how to design research studies, gather and analyze data, and draw meaningful conclusions. The course aims to equip students with the skills necessary to conduct research and critically evaluate research findings in the business context.
ACD221 – Cost Accounting (4CU):
This course focuses on cost accounting principles and practices. Students learn about cost classification, cost behavior, budgeting, variance analysis, and cost-volume-profit analysis. They gain an understanding of how to analyze and control costs within an organization. The course equips students with the skills to make informed managerial decisions based on cost information.
ACD222 – Business Finance (3CU):
This course covers the fundamentals of business finance. Students learn about financial statements analysis, time value of money, capital budgeting, and sources of business financing. They gain an understanding of financial decision-making and risk assessment. The course equips students with the knowledge and skills to manage financial resources and make informed financial decisions.
ACD223 – Auditing & Business Ethics (3CU):
This course explores auditing principles and practices, as well as ethical considerations in the business environment. Students learn about auditing processes, internal control systems, risk assessment, and ethical decision-making. They gain an understanding of professional ethics and the importance of ethical behavior in business. The course equips students with the knowledge and skills to perform audits and make ethical business decisions.
REP220 – Research Project (4CU):
This course provides students with an opportunity to undertake a research project in a specific area of interest within the field of accounting. Students learn how to formulate research questions, conduct literature reviews, gather and analyze data, and present their findings. The research project allows students to apply their knowledge and research skills to a practical accounting-related topic.
ACD231 – Financial Accounting II (4CU):
This course builds upon the foundational concepts of financial accounting. Students delve deeper into financial reporting standards and more complex accounting topics. They learn about advanced topics such as revenue recognition, leases, stockholders’ equity, and statement of cash flows. The course aims to further develop students’ understanding of financial accounting principles and their ability to analyze and interpret financial statements.
ACD232 – Internship (3CU):
This course provides students with an opportunity to gain practical experience in a professional accounting setting. Students work as interns in organizations where they apply their accounting knowledge and skills in real-world scenarios. They gain exposure to accounting processes, financial analysis, and business operations, enhancing their professional competencies and industry knowledge.
CSD113 – Computer Applications (3CU):
This course focuses on introducing students to various computer applications relevant to the business environment. Students learn practical skills in using software programs such as word processing, spreadsheets, presentation tools, and databases. The course aims to enhance students’ technological literacy and equip them with essential computer skills that can be applied in various business functions.
CSD236 – Computerized Accounting (3CU):
This course explores the use of computerized accounting systems in business operations. Students learn how to utilize accounting software to record financial transactions, generate financial statements, and perform tasks such as accounts receivable and accounts payable management. They gain practical skills in managing and analyzing financial data using computerized tools, enhancing efficiency and accuracy in accounting processes.
ENT240 – Business Entrepreneurship (3CU):
This course focuses on the principles and practices of business entrepreneurship. Students explore the mindset and skills required to identify and seize business opportunities. They learn about idea generation, market analysis, business planning, financing options, and risk assessment. Students also study entrepreneurial traits and strategies for managing and growing a successful business. The course aims to foster entrepreneurial thinking and provide students with the knowledge to start and manage their own ventures or contribute to entrepreneurial endeavors within existing organizations.