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University of Nicosia Global Semesters | Summer in Cyprus: Int'l Accounting
(Outgoing Program)
Program Sponsor:
University of Nicosia-Global Semesters
Dates / Deadlines:
There are currently no active application cycles for this program.
Fact Sheet:
Fact Sheet:
Minimum GPA:
2.5
Major(s):
Accounting, Business, Sociology and Anthropology
Language of Instruction:
English
Program Description:
SUMMER IN CYPRUS
INTERNATIONAL ACCOUNTING
OVERVIEW
Cyprus has the largest number of chartered accountants per capita in the world! The Big Four accounting firms all have a presence in Cyprus. This summer study abroad program in international accounting offers students the opportunity to examine the differences and similarities between GAAP and IFRS.
Cyprus is the only country in the European Union other than the UK that has historically always been on the Anglo-Saxon accounting system (IFRS). Cyprus has had this system since its inception because it was a British colony. It adopted this system in 1981, while the rest of the EU countries were on the Franco-Germanic system and did not adopt IFRS until 2005; this is an area where Cyprus has more expertise than most of the other EU countries.
The program includes site visits to major accounting firms on the island.
CURRICULUM
Courses
Students enroll in 2 Courses and earn 6 Credits for this 4-Week Summer Program:
Required Course:
ACCT-360: Financial Reporting (3 Credit Hours)
Elective Courses (Select One):
DES-260: Photography I (3 Credit Hours)
ART-281: History of Art (3 Credit Hours)
EUS-210: European Cultures (3 Credit Hours)
MKTG-491: International Marketing (3 Credit Hours)