What knowledge will I acquire with this Master's?
Auditing is a professional activity recognized throughout the world and standardized in Europe through the Eighth Directive and a European Regulation applicable to auditing public interest entities. In Spain, in addition to the European Regulation, there is an Audit Law and a Regulation that develops it. This regulation requires that people interested in being an "Account Auditor" have specific training through undergraduate and postgraduate studies.
Is this degree official according to the regulations required by the European Higher Education Area?
Students who have possession of an official Spanish university degree or another issued by a higher education institution of the European Higher Education Area that empowers in the country issuing the degree for access to Master's degrees.
The Master is designed to meet all the training requirements that the ICAC indicates for an auditor, so it can be accessed by graduates with training in financial information standards (accounting), business risks, business internal control, and in the procedures of analysis of related evidence.
The objectives covered by the Master's Degree in Auditing and Higher Accounting are the following:
It allows the student to obtain the approved and dispensed training legally required to consider passed the theoretical test of the professional aptitude exam that periodically organizes the Institute of Auditing and Higher Accounting (ICAC).
It prepares students to obtain ACCA Global accreditation, exempting them from taking 8 of the 9 professional courses that this Institution has.
It gives its students real knowledge of the market through participation in the teaching of active agents: advisers, auditors, managers.
It guarantees interactive teaching that is adapted to the needs of the student by offering face-to-face and distance teaching.
It enables labor integration in the financial departments of any type of company, as well as in the internal audit departments of large corporations, in audit firms and firms, in addition to allowing other options related to the entrance exams to the Bank of Spain or the National Securities Market Commission.
It facilitates access to the Doctorate program in this area of ​​knowledge.
Results of training and learning of the University Master's Degree in Auditing and Superior Accounting
The Master's Degree in Auditing and Higher Accounting offers the following training and learning outcomes:
Assess whether a client is auditable, or not, based on the audit risk it presents.
Technical and deontological standards applicable to the accounting auditor.
Plan an assignment based on the nature of the immediate and mediate, national, and international environment.
Operation of an audit company: organization and hierarchy, work teams, preparation and structuring of work roles, and development and control systems for each assignment. Methods for diagnosing the situation and results of the company. Method of preparation and writing of reports.
Theoretical-practical support for the analysis and preparation of financial information under national and international regulatory frameworks.
CB6 - Possess and understand the knowledge that provides a basis or opportunity to be original in the development and/or application of ideas, often in a research context
CB7 - That students know how to apply the acquired knowledge and their ability to solve problems in new or little-known environments within broader (or multidisciplinary) contexts related to their area of ​​study
CB8 - That students are able to integrate knowledge and face the complexity of making judgments based on information that, being incomplete or limited, includes reflections on social and ethical responsibilities linked to the application of their knowledge and judgments
CB9 - That students know how to communicate their conclusions and the knowledge and ultimate reasons that support them to specialized and non-specialized audiences in a clear and unambiguous way
CB10 - That students possess the learning skills that allow them to continue studying in a way that will be largely self-directed or autonomous.
CG1 - Capacity for analysis and synthesis: analyze, synthesize, assess, and make decisions based on the relevant records of information on the situation and foreseeable evolution of a company.
CG2 - Ability to analyze the organization, planning, and administration of a small and medium-sized company or organization, understanding its competitive and institutional location, and identifying its strengths and weaknesses.
CG3 - Oral and written communication in Spanish: understand and be able to communicate, correctly and in different sessions, in Spanish. Be prepared to be understood by bosses and subordinates in a clear and concise manner and be able to prepare analysis reports and advice on the financial and economic situation of an entity.
CG4 - Ability to analyze, search, and discriminate information from various sources: be able to identify the appropriate sources of economic information, obtain, and select relevant information impossible to recognize by non-professionals.
CG5 - Ability to schematize and extrapolate: the student must be able to understand economic institutions as a result and application of theoretical or formal representations about the operation of companies.
CG6 - Ability to make strategic decisions to obtain effective and efficient evidence in the context of the responsibility of an auditor in his first years of professional experience.
CG7 - Ability to assume and put into practice the instructions received in an effective, collaborative, and efficient way.
CG8 - Ability to propose reasoned changes on the guidelines received by the person in charge of the work in light of the circumstances of the assignment; as well as analysis, communication, and will to overcome the errors that it detects or is detected.
CG9 - Be able to tackle a task effectively, collaboratively, respectfully, and efficiently at the assigned times.
CG10 - Ability to organize work so that the evidence provided is clear and easy to review.
CG11 - Willingness to reflect the best evidence in the work papers and to do so in an understandable way.
CT01 - Ability to function in the work environment with due professional secrecy and independence, without taking advantage of the information analyzed and handled for personal objectives or their personal, professional, or business environment
CE1 - Capacity for analysis, evaluation, and supervision of financial information prepared under the national regulatory framework applicable to private entities.
CE2 - Capacity for analysis, evaluation, and supervision of financial information prepared under the international regulatory framework applicable to private entities.
CE3 - Capacity for analysis, evaluation, and supervision of business risks.
CE4 - Ability to analyze, evaluate, and supervise internal business control systems.
CE5 - Capacity to analyze, execute, evaluate, and supervise audit assignments under national and international regulations.
CE6 - Ability to analyze, evaluate, execute, and supervise situations that may affect their independence or that of their professional environment.
CE7 - Ability to analyze, evaluate, execute, and supervise assignments that may pose a significant or very significant risk to the audit business.
CE8 - Ability to synthesize and oral and written communication of the conclusions of their professional work on financial information.
CE9 - Ability to summarize and oral and written communication of the conclusions of their professional work on risks and internal business control systems.
CE10 - Ability to analyze and execute audit quality control standards.
CE11 - Ability to professionally practice auditing at the level of an assistant auditor, as well as advanced accounting assignments.
CE12 - Investigation capabilities in the field of auditing and higher accounting.
The requirements for access to the proposed degree are according to article 16, Royal Decree 1393/2007, modified by Royal Decree 861/2010, of July 2:
To access the official Master's degrees, it will be necessary to hold an official Spanish university degree or another issued by a higher education institution belonging to another State that is part of the European Higher Education Area that empowers there to access teachings of Master.
Likewise, graduates in accordance with educational systems outside the European Higher Education Area will be able to access without having their qualifications approved, after verification by the University that they accredit a level of training equivalent to the corresponding official Spanish university degrees and empower in the country issuing the degree for access to postgraduate education. Access by this means will not imply, in any case, the homologation of the previous degree that the interested party is in possession, nor its recognition for other purposes than that of taking the Master's degrees.
General access criteria:
The specific degrees that will facilitate access to the Master are the following, provided they are issued by an official Spanish or foreign university:
Mercantile teaching staff.
Bachelor of Economic and Business Sciences (Business Economics Branch and General Economics Branch).
Graduated in Political, Economic, and Commercial Sciences (Economic and Commercial Section).
Bachelor of Business Administration and Management.
Bachelor of Actuarial and Financial Sciences.
Diploma in Business Sciences.
Degree in economics.
Degree in Law.
University Degree or Master's Degree, according to the delimitation of Royal Decree 1393/2007, of October 29, which establishes the organization of official university education, with content in financial information standards, business risks, internal business control, and in the related evidence analysis procedures. Given that the names of the Degrees and Masters may vary depending on each University, the relationship of Degrees and Masters that we expose below must be understood in an open way:
Degree or Master in Business Administration and Management.
Degree or Master in Fundamentals of Architecture.
Bachelor's or Master's Degree in Science, Management and Service Engineering
Degree or Master in Accounting and Finance.
Degree or Master in Accounting and Taxation.
Degree or Master in Criminology.
Degree or Master in Law.
Degree or Master in Business Administration.
Degree or Master in Business Administration and Management.
Degree or Master in Economics.
Degree or Master in Financial and Actuarial Economics.
Degree or Master in Finance.
Degree or Master in Biomedical Engineering.
Degree or Master in Computer Engineering.
Degree or Master in Cybersecurity Engineering.
Degree or Master in Computer Engineering.
Degree or Master in Engineering in Industrial Organization.
Degree or Master in Robotics Engineering.
Degree or Master in Software Engineering.
Degree or Master in Engineering in Telecommunication Systems.
Degree or Master in Engineering in Telecommunication Technologies.
Degree or Master in Industrial Technology Engineering.
Degree or Master in Telematics Engineering.
Degree or Master in Labor Relations and Human Resources.
Degree or Master in Tourism.
The conditions or special access tests:
The management of the Master is responsible for the admission process of the degree.
The Master has an access test in which the projection of the student in relation to the objectives of the Master is assessed through their curriculum (mainly due to their academic record and level of English), as well as their motivation and personal abilities, applying the following weights:
The affinity of the student's academic qualification will be valued between 0% and 25%, granting the maximum score in the case of degrees with programs more closely related to the objectives of the Master.
The academic record may receive a rating between 0% and 25%, with the maximum weight corresponding to the students who have obtained the best grades or average marks.
The level of English and, where appropriate, other languages, will be assessed on a scale between 0% and 25%, recognizing the maximum score for students who have a recognized proficiency through an official certificate.
The attitudinal and vocational aspects of the student will be weighted through their CV and motivation letter between 0% and 25%, with the highest scores falling on students with potentials closest to the orientation of the Master.
Offer of places: 44 places. If the minimum number of students foreseen is not reached in a course, the University may choose not to open the teaching group.