MSc Accounting and Financial Management
The Masters in Accounting and Financial Management provides advanced study of accounting and financial management. It enables professionally qualified accountants to take stock of what they have learnt in practice, and helps able graduates to extend their academic training to the frontiers of knowledge within the discipline.
Accounting and Finance graduation
Graduation is the culmination of a year of intense study and is a fantastic experience for Lancaster students. This video celebrates graduation on the Masters programmes in Accounting and Finance.
More Masters programmme videos in the Accounting and Finance Postgraduate Video Gallery
It aims to provide the theoretical framework and skills that accountants and financial managers need in order to cope with an increasingly complex and global accounting environment. It also provides a valuable foundation for those contemplating careers in areas such as investment banking, financial analysis, which are likely to involve extensive use of accounting information.
The accounting courses provide coverage of both US GAAP and International Financial Reporting Standards (IFRS). Coverage of US GAAP in our first-term course relates primarily to inventories, tangible and intangible fixed assets, leases, liabilities, OBSF and deferred taxation. Coverage of IFRS in our second-term course relates primarily to reporting financial performance (draft proposals), stock-based compensation, earnings per share, intangible assets, business combinations, goodwill, foreign currency translation and financial instruments. Throughout, emphasis is given to important differences between US GAAP and IFRS.
Many holders of the MSc Accounting and Financial Management have progressed to senior positions in the accounting profession and industry. Others are now faculty members in UK universities and throughout the world.
For those interested in studying to become a Chartered Financial Analyst, it is worth noting that the MSc Accounting and Financial Management modules contribute widely to CFA study sessions at levels 1, 2 and 3. Details of modules that relate to the CFA content are provided under Programme Content. In addition, we offer a non-assessed module that is closely related to the CFA Institute Code of Ethics and Standards of Professional Conduct, CFA Level 2.
Finally, the MSc Accounting & Financial Management is accredited by the Association of Chartered Certified Accountants (ACCA).
Find out more about the structure and content of the MSc in Accounting and Financial Management: