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Program in Audit and Financial Management is a Master’s Degree Program based on -latest state-regulated educational standards and - similar to international educational requirements that can help students to gain professional qualification. To satisfy these requirements the Program in Audit and Financial Management is designed similar to ACCA Program (The Association of Chartered Certified Accountants - ACCA).

• The mission of the Programme is to create values through the knowledge of auditing, financial management and management consulting.
• The motto of the Programme is Leadership in Quality.

The Program’s aim is to prepare high educated professionals in Auditing, Financial Accounting, Managerial Accounting and Financial Management. Though the Program is respectively new (was started 2 years ago) it is very popular among students. The Program is supported by PricewaterhouseCoopers, Ernst&Young and KPMG. Basic languages for the Program are English and Russian. Some courses as Audit and Assurance, Financial Management, Financial Reporting are completely taught in English.

• The Program also aims to help young professionals to prepare for ACCA exams and to get an internationally recognized certificate.

During the Program students also visit companies to get practical experience in Managerial Accounting, Budgeting and Financial Management. Workshops in Audit, Controlling and Accounting by Professionals are held through the course.

ACCA QUALIFICATION

 • CERTIFICATE OF ACHIEVEMENT
Students are awarded a Certificate of Achievement if they achieve a pass mark of 85% or above for individual passes in Papers F1, F2, F3 for paper based or computer based.

• DIPLOMA IN ACCOUNTING AND BUSINESS
Students are awarded the Diploma in Accounting and Business when they have successfully completed Papers F1, F2 and F3 (at least one of which must have been sat and passed on or after December 2011), plus completion of Foundations in Professionalism. Students who obtain full exemptions will not be awarded the Certificate.

 • ADVANCED DIPLOMA IN ACCOUNTING AND BUSINESS
Students are awarded the Advanced Diploma in Accounting and Business when they have successfully completed (either passed or exempt) Papers F4-F9. At least two of these papers must have been sat and passed; one of these passes must have been achieved on or after June 2011 exam session. The Professional Ethics module must also have been completed. Students who obtain full exemptions will not be awarded the Certificate.

 • PROFESSIONAL LEVEL CERTIFICATE
Students are awarded a Professional Level Certificate when they have successfully completed all of the exams in the Professional level of the ACCA Qualification (P1–P3 and any two of the Options papers from P4, P5, P6 and P7)
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