Leeds University Business School. Information on Exemptions for Students on Undergraduate Accounting Programmes
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1 Leeds University Business School Information on Exemptions for Students on Undergraduate Accounting Programmes
2 The Institute of Chartered Accountants in England & Wales (ICAEW) BSc Accounting & Finance BSc Accounting & Management BA Accounting & Law BSc Accounting & Computing/Information Systems ICAEW Module: Accounting Graduates from 2011 Exemption granted to graduates of all four programmes who have passed the following modules (with a minimum mark of 50% in each module): LUBS 1920 Introductory Accounting & Financial Management (split into LUBS1915 & LUBS1925 from Sep 2010) LUBS 1910 Computing for Accounting LUBS 2210 Financial Accounting 2 ICAEW Module: Business and Finance Exemption granted to graduates achieving a first class or upper second class degree. Alternatively, students can apply for exemption based on achieving a minimum mark of 50% in each of the following LUBS LUBS 1170 Organisation of Business LUBS 2220 Management Accounting 2 LUBS 2210 Financial Accounting 2 LUBS 3880 Corporate Governance LUBS 1950 Economic Theory and Applications ICAEW Module: Law Exemption granted to graduates of all four programmes who have passed the following modules (with a minimum mark of 50% in each module): LUBS 2810 Business and the Legal Environment ICAEW Module: Management Information Exemption granted to graduates of all four programmes who have passed the following modules (with a minimum mark of 50% in each module): LUBS 2220 Management Accounting 2 LUBS 1920 Introductory Accounting & Financial Management (split into LUBS1915 & LUBS1925 from Sep 2010) 2
3 ICAEW Module: Business Strategy Exemption granted to graduates of all four programmes who have passed the following modules (with a minimum mark of 50% in each module): LUBS 3070 Strategic Management LUBS 2850 Marketing LUBS 1850 Organisational Behaviour ICAEW Module: Financial Management Exemption granted to graduates of all four programmes who have passed the following modules (with a minimum mark of 50% in each module): LUBS 2200 Business Finance 2 LUBS 3620 International Business Finance LUBS 3110 Capital market Theory LUBS 1920 Introductory Accounting & Financial Management (split into LUBS1915 & LUBS1925 from Sep 2010) ICAEW Module: Assurance Exemption granted to graduates of BSc Accounting and Finance, BA Accounting and Law, BSc Accounting and Management programmes who have passed the following module (with a minimum mark of 50%): LUBS 3550 Auditing & Assurance Services ICAEW Module: Principles of Taxation Exemption granted to graduates of BSc Accounting and Finance, BA Accounting and Law, BSc Accounting and Management programmes who have passed the following module (with a minimum mark of 50%): LUBS 3685 Taxation LUBS 3695 Taxation: Corporate and Capital Taxes (These two were combined into LUBS3690 Principles of Taxation from Sep 2012) 3
4 The Association of Chartered Certified Accountants (ACCA) Graduates BA(Hons) Accounting & Finance Automatic exemption granted to all graduates from: Paper F1: Paper F2: Paper F3: Paper F4: Accountant in Business Management Accounting Financial Accounting Corporate and Business Law Exemption granted from Paper F5: Performance Management to those graduates who have passed the following LUBS 2220 Management Accounting 2 Exemption granted from Paper F6: Taxation to those graduates who have passed the following LUBS 3685 Taxation LUBS 3695 Taxation: Corporate and Capital Taxes (These two were combined into LUBS3690 Principles of Taxation from Sep 2012) Exemption granted from Paper F7: Financial Reporting to those graduates who have passed the following LUBS 2210 Financial Accounting 2 LUBS 3470 Financial Accounting Theory Exemption granted from Paper F8: Audit and Assurance to those graduates who have passed the following LUBS 3550 Auditing and Assurance Services Exemption granted from Paper F9: Financial Management to those graduates who have passed the following LUBS 2200 Business Finance 2 LUBS 3110 Capital Market Theory BA (Hons) Accounting & Management Automatic exemption granted to all graduates from: Paper F1: Paper F2: Accountant in Business Management Accounting 4
5 Paper F3: Financial Accounting Exemption granted from Paper F4: Corporate and Business Law to those graduates who have passed the following LUBS 2810 Business and the Legal Environment LUBS 3915 Employment Law Exemption granted from Paper F5: Performance Management to those graduates who have passed the following LUBS 2220 Management Accounting 2 Exemption granted from Paper F6: Taxation to those graduates who have passed the following LUBS 3685 Taxation LUBS 3695 Taxation: Corporate and Capital Taxes (These two were combined into LUBS3690 Principles of Taxation from Sep 2012) Exemption granted from Paper F7: Financial Reporting to those graduates who have passed the following LUBS 2210 Financial Accounting 2 LUBS 3470 Financial Accounting Theory Exemption granted from Paper F8: Audit and Assurance to those graduates who have passed the following LUBS 3550 Auditing and Assurance Services Exemption is also granted from Paper F9: Financial Management to those graduates who have passed the following LUBS 2200 Business Finance 2 LUBS 3110 Capital Market Theory BA (Hons) Accounting & Law Automatic exemption granted to all graduates from: Paper F1: Paper F2: Paper F3: Paper F4: Accountant in Business Management Accounting Financial Accounting Corporate and Business Law 5
6 Exemption granted from Paper F5: Performance Management to those graduates who have passed the following LUBS 2220 Management Accounting 2 Exemption granted from Paper F6: Taxation to those graduates who have passed the following LUBS 3685 Taxation LUBS 3695 Taxation: Corporate and Capital Taxes (These two were combined into LUBS3690 Principles of Taxation from Sep 2012) Exemption granted from Paper F7: Financial Reporting to those graduates who have passed the following LUBS 2210 Financial Accounting 2 LUBS 3470 Financial Accounting Theory Exemption granted from Paper F8: Audit and Assurance to those graduates who have passed the following LUBS 3550 Auditing and Assurance Services Exemption is also granted from Paper F9: Financial Management to those graduates who have passed the following LUBS 2200 Business Finance 2 LUBS 3110 Capital Market Theory 6
7 The Chartered Institute of Management Accountants (CIMA) Graduates BA (Hons) Accounting &Finance BA (Hons) Accounting & Management BA(Hons) Accounting & Law BSc Joint Honours in Accounting (with Computing/Information Systems) Exemption from all Certificate Level papers is granted to all graduates of the above degree programmes on the following basis: Paper C01 (C1 in the old syllabus): Management Accounting Fundamentals Subject to passing LUBS1925 Introduction to management accounting (LUBS 1920 Introductory Accounting & Financial Management prior to Sep 2010) Paper C02 (C2 in the old syllabus): Financial Accounting Fundamentals Subject to passing LUBS 1915 Introduction to financial accounting (LUBS 1920 Introductory Accounting & Financial Management prior to Sep 2010) Subject to passing either LUBS 1240 Maths & Statistics For Business & Economics or LUBS 1195 Introductory Modelling For Management Studies or LUBS 1675 Introductory Statistics For Management Studies Paper C04 (C4 in the old syllabus): Economics for Business Subject to passing LUBS 1950 Economic Theory & Applications Paper C05 (C5 in the old syllabus): Business Law Subject to passing LUBS 2810 Business & The Legal Environment, except for graduates in BA(Hons) Accounting & Law who are automatically exempt Exemption from certain Managerial Level papers is granted to all graduates of the above degree programmes on the following basis: Paper P1: Management Accounting Performance Evaluation Subject to passing LUBS 2220 Management Accounting 2 Paper F1 (P7 in the old syllabus): Financial Accounting & Tax Principles Subject to passing LUBS 3685 Taxation, LUBS 2210 Financial Accounting 2 and LUBS 2200 Business Finance 2 Paper F2 (P8 in the old syllabus): Financial Analysis Subject to passing LUBS 2210 Financial Accounting 2, LUBS 3865 Financial Analysis and LUBS 3470 Financial Accounting Theory 7
8 CIMA have also awarded certain exemptions to the following Masters programmes: MA Accounting & Finance Paper C01 (C1 in the old syllabus): Management Accounting Fundamentals Subject to passing LUBS 5008M Accounting & Organisational Performance Paper P1: Management Accounting Performance Evaluation Subject to passing LUBS 5008M Accounting & Organisational Performance MSc International Finance MSc Banking & Finance MSc Financial Mathematics Automatically exempt by virtue of attaining this MSc qualification 8
9 The Chartered Institute of Management Accountants (CIMA) Graduates BSc (Hons) Accounting &Finance BSc (Hons) Accounting & Management BA(Hons) Accounting & Law BSc Mathematics with Finance BSc Actuarial Mathematics Exemption from all Certificate Level papers is granted to all graduates of the above degree programmes on the following basis: Paper C1: Management Accounting Fundamentals Subject to passing LUBS1925 Introduction to Management Accounting or LUBS 1245 Introductory Management Accounting Paper C2: Financial Accounting Fundamentals Subject to passing LUBS 1915 Introduction to Financial Accounting Paper C3: Business Mathematics Subject to passing LUBS 1240 Maths & Statistics For Business & Economics or LUBS 1195 Introductory Modelling For Management Studies and LUBS 1675 Introductory Statistics For Management Studies or MATH1510 Financial Mathematics 1 and MATH1715 Introduction to Probability Paper C4: Economics for Business Subject to passing LUBS 1950 Economic Theory & Applications Paper C5: Business Law Subject to passing LUBS 2810 Business & The Legal Environment For graduates in BA(Hons) Accounting & Law, subject to passing LAW1030 Contract Law, LAW2040 Company Law, LAW3370 Commercial Law, LUBS3880 Corporate Governance and LUBS3003 Business Ethics Exemption from certain Managerial Level papers is granted to all graduates of the above degree programmes on the following basis: Paper P1: Management Accounting Performance Evaluation Subject to passing LUBS 2220 Management Accounting 2 Paper F1: Financial Accounting & Tax Principles Subject to passing LUBS 3685 Taxation (changed to LUBS3690 Principles of Taxation from Sep 2012), LUBS 2210 Financial Accounting 2 9
10 CIMA have also awarded certain exemptions to the following Masters programmes: Graduates MSc Accounting & Finance Paper C01 (C1 in the old syllabus): Management Accounting Fundamentals Subject to passing LUBS 5008M Accounting & Organisational Performance Paper P1: Management Accounting Performance Evaluation Subject to passing LUBS 5008M Accounting & Organisational Performance MSc International Finance MSc Banking & Finance MSc Financial Mathematics Subject to passing LUBS5004M Corporate Finance and MATH5310M Mathematical Review 10
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