Overview

First Year - Accounting

To be admitted to the First University Examination in Accounting, a student must have satisfactorily attended prescribed modules to the value of 60 credits.

Second Year - Accounting

No student may register for the Second Year programme of study until the First University Examination in Accounting has been passed. Second Year consists of core modules to the value of 45 credits and elective modules to the value of 15 credits. To be admitted to the Second University Examination in Accounting, a student must have satisfactorily attended modules to the value of 60 credits.

Third Year - Accounting

No student may register for the Third Year programme of study until the Second University Examination in Accounting has been passed. To be admitted to the Third University Examination in Accounting, a student must have satisfactorily attended the prescribed modules to the value of 60 credits.

Fourth Year - Accounting

No student may register for the Fourth Year programme of study until the Third University Examination in Accounting has been passed. Fourth Year consists of core modules to the value of 30 credits and elective modules to the value of 30 credits. To be admitted to the Fourth University Examination in Accounting a student must have satisfactorily attended the prescribed modules to the value of 60 credits.

Programme Requirements

For information about modules, module choice, options and credit weightings, please go to Programme Requirements. 

Programme Requirements

Module List

Code	Title	Credits
Year 1
Students take 60 credits as follows:
Core Modules
AC1103	Financial Accounting Fundamentals	5
AC1104	Accounting for Partnerships and Companies	5
AC1107	Investment in Capital Assets	5
AC1108	Introduction to Valuation and Risk	5
AC1109	Management Accounting: Principles and Concepts	5
AC1115	Management Accounting: Cost & Control Systems	5
EC1202	Economic Reasoning for Business	5
EC1203	Macroeconomic Context and Business	5
IS1106	Introduction to Information Systems	5
IS1107	Information Systems for the Networked Enterprise	5
ST1023	Introduction to Business Statistics	5
ST2200	Methods of Business Statistics	5
Year 2
Students take 60 credits as follows - all listed core modules (45 credits) and 15 credits of elective modules:
Core Modules
AC2100	International Financial Reporting 1	5
AC2101	Consolidated Financial Statements and Ethics	5
AC2110	Placement Plan	5
AC2115	Introduction to Taxation	5
AC2118	Data Analysis, Business Reporting & Process Automation	5
AC2120	Corporate Financial Management	5
IS2218	Data Management Fundamentals	5
LW1108	Introduction to the Legal System	5
LW1109	Introduction to Business Law	5
Elective Modules
Students take modules to the value of 15 credits from the following:		15
EC2204	Business Microeconomics 1 (5)
EC2205	Business Microeconomics 2 (5)
IS2202	Systems Analysis and Systems Design (5)
IS2203	Business/IT Consulting (5)
MG1003	Introduction to Marketing (5)
MG1004	Principles of Management and Organization (5)
MG2001	People and Organisation (5)
ST4400	Data Analysis II (5)
ST4401	Introduction to Operations Research (5)
ST4402	Modelling and Systems for Decision Making (5)
Year 3
Students take 60 credits as follows:
Core Modules
AC3008	Auditing	5
AC3010	Multinational Finance	5
AC3011	Research and Placement Report 1	30
or AC3012	Research Project
AC3013	International Financial Reporting 2: Theory and Practice	5
AC3014	Management Accounting: Performance Management	5
AC3022	Governance, Regulation and Control of Financial Organisations	5
IS3002	Emergent Digital Technologies and their application in Accounting and Finance	5
Year 4
Students take 60 credits as follows - all listed core modules (30 credits) and 30 credits of elective modules:
Core Modules
AC4001	Advanced Financial Accounting 2	5
AC4002	Management Accounting: Planning and Control	5
AC4006	Management Accounting: Decision Making	5
AC4007	Taxation: Income Tax and VAT	5
AC4009	Financial Information Analysis	5
AC4011	Advanced Financial Accounting 1	5
Elective Modules
Students take modules to the value of 30 credits from the following:		30
AC4010	International Corporate Valuation (5)
AC4119	Securities Analysis (5)
AC4404	Entrepreneurial Finance (5)
AC4405	Derivatives Valuation (5)
EC2117	Reasoning and Critical Thinking in Economics (5) 2
EC2206	Business Econometrics and Forecasting (10) 2
EC2208	Resourcing Organisation and Competitive Capability 1 (5) 2
EC2214	The Macroeconomic Environment in a Global Context (5) 2
EC2215	Macroeconomic Growth and Competitiveness (5) 2
IS2202	Systems Analysis and Systems Design (5) 3
IS2203	Business/IT Consulting (5) 3
IS4445	User Experience Design 1 (5)
IS4446	User Experience Design 2 (5)
LW2205	Commercial Law: The Law of Sale and Agency (5)
LW2206	Commercial Law: Intellectual Property Law and Finance (5)
LW3311	Company Law (10)
LW3368	Principles of Revenue Law (5)
LW3369	Income Tax Law (5)
MG4034	Entrepreneurial Business Start-Ups (5)
MG4041	Business Networks (5)
MG4401	The Management of Organisational Change (5)
Total Credits		240

¹

In Year 3, students will take their taught modules during September - December, inclusive. Coursework will also be completed during this period. The placement component of the programme (Research and Placement Report AC3011) will run from January - June, inclusive. Any student not placed will be required to undertake a Research Project (AC3012 and will be given a research-based assignment which will be supervised by a UCC Accounting and Finance staff member and will submit a research report thereon. The work placement will be jointly monitored by a UCC academic mentor and a business mentor in the external organisation. Students will be required to keep and submit regular log books for examination by the academic mentor. There is no provision for repeating the Work Placement module or the Research Project in Autumn or in a Repeat Year. Exceptions to this rule may be granted by the School of Business only for very serious reasons. Students who fail the Work Placement or the Research Project will not be eligible for the award of an honours degree.

²

Students may choose only 10 credits from these modules: EC2117, EC2206, EC2208, EC2214, EC2215. EC2214 and EC2215 are part requirement for entry to postgraduate programmes in Economics.

³

Once not already taken in Year 2.

Examinations

Full details and regulations governing Examinations for each programme will be contained in the Marks and Standards Book and for each module in the Book of Modules.

Programme Learning Outcomes

Programme Learning Outcomes for BSc (Hons) (Accounting) (NFQ Level 8, Major Award)

On successful completion of this programme, students should be able to:

1
1-1
Communicate and work effectively to a professional standard;
1-2
2
Demonstrate analytical and problem solving skills associated with effective practice;
1-3
3
Engage in the application of frameworks and techniques in organisational settings;
1-4
4
Appraise relevant international frameworks for financial and sustainability reporting;
30-1
5
Demonstrate an ability to perform appropriate tax calculations relevant to business;
30-2
6
Demonstrate an understanding of the importance of auditing principles, for example audit planning, audit testing, ethics, etc.

*** Only for Incoming First Years and Repeat First Years 2024/2025 ***
*** Click here for Marks and Standards for all other years ***

Marks and Standards

These Marks and Standards should be read in conjunction with the Programme Requirements and the Book of Modules.

Fitness to Practise

All students on programmes subject to Fitness to Practise in UCC will be required to comply with the Fitness to Practise Policy and meet the relevant Fitness to Practise standards, in order to progress to the next year of his/her/their programme. Click here for a list of programmes subject to the Fitness to Practise Policy.

Marks and Credits

Students are required to take modules to the value of 60 credits.
Total Marks for year: 1200.

First Year - Pass and Progression Criteria

To pass first year and progress to second year, students must achieve:

1. An aggregate mark of 40% across all modules,
2. A pass mark in modules to the value of at least 50 credits, and
3. A module mark of at least 30% in any remaining modules.

Pass by Compensation: Students who satisfy each of the above criteria are allowed to compensate in modules to the value of 10 credits and pass the year overall.

Award of Honours in the Degree Award

An honours classification is awarded for the final degree using the final year examination results and marks carried forward from the penultimate year. The aggregate of 33.33% of the penultimate year marks plus 66.67% of the final year marks will be used to calculate the final degree award.

Honours will be awarded as follows:

1. First Class Honours: ≥ 70%
2. Second Class Honours, Grade I: ≥ 60% and <70%
3. Second Class Honours, Grade II: ≥ 50% and <60%
4. Pass: ≥ 40% and <50%

Award of Honours when a student undertakes Study Abroad
When students study abroad as part of his/her/their degree programme, the calculation of the final degree award is based on modules in the Book of Modules only.

Examination Boards

• Provisional marks for Semester 1 examinations are released in January/February of each year. These marks are subject to approval at the University Examination Board.
• Marks for all modules taken in Semester 1 and 2, including those wholly assessed by Continuous Assessment, will be presented to the University Examination Board at the end of Semester 2.

Supplemental Examinations and Assessment

• Students who fail to achieve the progression standard for the year at the Summer Examination Board must complete Supplemental Examinations and/or Continuous Assessment for those specific module(s), where there is provision to do so.
• Please refer to the Book of Modules for requirements governing the Supplemental Examination and Assessment for individual modules. Note: For some modules there is no Supplemental Examination and Assessment.
• The marks achieved in the Supplemental Examinations and/or Continuous Assessment of a repeat module are considered at the Autumn Examination Board.
• The actual mark achieved by the candidate in the Supplemental or Repeat Year Examination will be recorded on the student record (Academic Transcript).
• The maximum mark that will be taken into account for aggregation and progression purposes is a pass level, unless the student has been granted a cap waiver or deferral by the University Mitigation Committee, or a University Examination Board, or has been approved to defer the previous attempt by the University Mitigation Committee.
• At the Autumn Examination Board, marks from all passed modules approved at the Summer Examination Board are carried forward and are combined with the marks achieved in Supplemental Examinations and/or Assessments. The pass and progression criteria are applied to the aggregate mark achieved.

Note: The mark achieved at the last examination/assessment attempt is the mark that is included in the calculation of the aggregate mark for pass and progression purposes.

Study Abroad

• When students study abroad as part of his/her/their degree programme, they will be assessed by his/her/their host university.
• To pass the study abroad period and progress to the subsequent year, a student must achieve a pass standard as applied by the host institution.
• A Pass/Fail judgement will be presented to the UCC Examination Boards:
  • At the Summer Examination Board for students spending Semester 1 abroad.
  • At the Autumn/Winter Examination Board for students spending the full academic year abroad or Semester 2 only.
• For students failing to achieve a pass mark, Supplemental Assessment will be prescribed by the School in UCC, and these results will be presented at a Winter Examination Board.

Exemptions

All passed modules carry an exemption, which is limited to a period of five academic years (or two in the case of Computer Science modules) subsequent to the award of the exemption.

Repeat Year Examinations

Students repeating the year may do so choosing one of the following mechanisms:

1. Students retain module exemptions, if any, and must repeat all failed/absent modules, including those modules where the failing mark previously achieved was greater than the level of compensation (≥ 30%) but who failed to achieve the progression standard for the year (see above). The pass and progression criteria are then applied to the combination of full marks achieved in modules passed at the first attempt, plus capped marks achieved in modules in the Repeat Year Examinations.​

Note: For students selecting different modules not previously taken, there are no restrictions on the marks awarded for those modules at the first attempt in a repeat year. The selection of different modules by the student means that the student foregoes any previous marks achieved in the original modules (including previously passed modules).

2. Students may forego all module exemptions achieved and repeat the year choosing modules to the value of the full 60 credits. In determining pass and progression, there is no restriction on the marks awarded for modules taken at the first attempt of the Repeat Year. Modules taken at the subsequent Supplemental Examination and Assessment are capped at the pass mark.

Subject to capacity, all students - whether they have failed or passed - are allowed to choose this second option, in an attempt to improve his/her/their grade.

Students repeating the final year are eligible for the award of Honours in the first Repeat Year only. Final year students wishing to repeat the year with a view to improving his/her/their degree result may do so only if they have not been conferred.

Three Year Rule

Students must pass/progress within three academic years of the date of first registration for a year, otherwise they cannot continue in the programme.

Terms and Definitions

Programme Description

• The programme description is outlined in the Programme Requirements tab.

Module Descriptions/Assessment

• Module descriptions, including the pass standard for a module, special requirements to pass a module, and assessment elements and their weightings, are contained in the Book of Modules.

Marks and Credits

• A maximum of 100 marks may be awarded for every five credits of a programme.
• Some modules are assessed on a Pass/Fail basis only, i.e. marks are not awarded.

Pass and Progression

• Progression is defined as the permission granted to a student to register in the subsequent academic year for the next set of modules within his/her/their programme of study.
• Compensation is defined as the process by which a student, who fails to satisfy some of the regulations for credit in a specific module, is nevertheless recommended for credit to be awarded on the grounds that the failure is offset by his/her/their performance in the other modules on his/her/their programme of study.