This program provides an exemption from taking the theoretical part of the entrance examination to ROAC. (Official Register of Accounts Auditors, "Registro Oficial de Auditores de Cuentas", in Spanish).
1 year - Full time
2/3 years - Part time
Face to face
The Official Master's in Financial Statement Auditing and Advanced Accounting is offered by the ICADE Business School at Comillas Pontifical University. Its main objective is to provide specialized professional training in auditing and accounting . It is a combined Master's, lasting one year if taken full-time or two or three years if taken part-time.
This Master's Degree is linked to important Auditing Firms, which translates into excellent professional internships in the sector, allowing students to understand its contents first-hand.
Professional internships with important Auditing Firms
In addition, this Master’s Degree has been approved by the Institute of Accounting and Accounts Auditing (“ICAC”, or Instituto de Contabilidad y Auditoría de Cuentas, in Spanish), of the Ministry of Economy, Industry and Competitiveness, to exempt candidates from the theoretical part of the public examination for access to the Official Register of Accounts Auditors.
Many people like you are already making the most of their Master's Degree. Here are their experiences.
Tanto la calidad del profesorado como la experiencia con mis compañeros, ha hecho de este Máster una experiencia irrepetible.
Ana Isabel Vázquez
Trabajar en lo que te gusta en la ciudad que adoras.
"It has allowed me to specialize in a booming sector with many job opportunities."
Members of the Professorial Staff
Percentage of professors who are registered auditors in the ROAC (Official Register of Accounts Auditors).
Percentage of alumni of the University who would recommend the degree studied.
Advance your professional career with this Master’s Degree
Aurora GarcíaProfessor at Comillas ICADE
Manager in the Area of Accounting
Visit the Faculty Attendance is not mandatory, but potential candidates are encouraged to learn about the Faculty, see the facilities, and obtain additional information.
Applying for admission. The admissions process begins with the receipt of the Application for Admission, the opening of the candidate´s file, and review of the documentation provided.
The application for admission must be submitted within the period indicated for that purpose, in a standardized form, and accompanied by all documents proving compliance with the access requirements for access to the Degree.
Carrying out a personal interview.
The admission process will consist of assessing the academic background of applicants, as well as the attitudes and aptitudes they possess relating to the professions of an auditor or accountant.This analysis will consist of looking at their academic transcript and an interview with the academic program Director or the person appointed by them. Previous work experience will be positively valued. After "previous work experience". Have a level equivalent to B1 or higher.
The dates of admissions test shall be established by the programme directors, who shall be in charge of getting in touch with the relevant candidates. Such tests consist on a personal interview with the Master's Programme Director (or the person appointed by them), where the student's motivations for choosing this programme shall be analysed and their academic record reviews. The decision on whether to admit a candidate, considering the recommendations resulting from the personal interview, weighed as 60%, and the average mark in the student's academic record, weighted as 40% of final assessment.
Students with disability interested in this Master's Degree shall be provided, when requested, direct and personalised attention by the Social Work Unit, which has developed, among other things, a Support Programme for Students with Disability.
Communication and legal requirements for access to the university access. The persons in charge for the admission process are the Master's Degree Director and the Coordinator, or the persons appointed by them.
Completing the Admissions Process. Once admitted, students must finalize the registration process. This procedure is initiated on the web page, but it is necessary to present the registration form and the additional documentation at the General Registrar´s Office at the University.
Applicant Profile/Requirements and Documentation
Documentation Information notice on the documents to be submitted
|Advanced Auditing||4.0 ECTS|
|Accounting for Financial Institutions, Insurance and Other Specific Regulatory Frameworks||6.0 ECTS|
|General, Financial and Business Economy||3.0 ECTS|
|Introduction to Auditing||4.0 ECTS|
|Accounting Regulations for Individual Annual Accounts in Spain||6.0 ECTS|
|Quantitative Auditing Techniques||2.0 ECTS|
|Business Assessment and Analysis of Financial Statements||3.0 ECTS|
|International Auditing||4.0 ECTS|
|Sectoral Auditing||4.0 ECTS|
|Advanced Consolidation and Business Combinations||3.0 ECTS|
|Management and Budgeting Accounting||3.0 ECTS|
|Professional ethics||2.0 ECTS|
|International Financial Information Regulations||3.0 ECTS|
|Professional Internships||3.0 ECTS|
|Information Technology and Systems||4.0 ECTS|
|Master's Dissertation||6.0 ECTS|
El contenido de este módulo se adecúa al requerido por el ICAC para la solicitud de la homologación para el examen teórico de acceso al ROAC en relación con las asignaturas jurídicas. Con independencia del perfil del alumno admitido al máster, éste podrá de forma voluntaria cursar estas materias tras la aprobación del Director del Máster
|Civil and Commercial Law||3.0 ECTS|
|Bankruptcy Law||1.0 ECTS|
|Law on Companies, Other Bodies and Governance||2.0 ECTS|
|Labor and Social Security Law||3.0 ECTS|
|Tax Law||3.0 ECTS|
At the end of the Master's Degree, students will have the possibility of:
- Carrying out part of their studies or participating in "Summer School" at other prestigious Universities and International Business Schools.
- Participating in one of the Professional Development Courses of the Inside Comillas Programs.
CGI1 - Analysis and synthesis capacity.
CGI2 - Problem-solving and decision-making.
CGI3 - Organisation and planning capacity.
CGI4 - Ability to manage information from several sources.
CGI5 - Communication skills in a foreign language.
CGI6 - Computer literacy regarding the field of study.
CGI7 - Oral and written communication skills in your own language.
CGP1 - Interpersonal skills: listening, arguing, discussing.
CGP2 - Leadership and team working capacity
CGP3 - Critical and self-critical capacity.
CGP4 - Ethical commitment.
CGS1 - Ability to work and learn independently.
CGS2 - Adaptation to change.
CGS3 - Action-oriented and quality-oriented mindset.
CGS4 - Capacity for developing and communicating ideas, projects, reports, problems and solutions.
CGS5 - Initiative and entrepreneurship.
CE01 - Applying financial audit regulatory framework in order to be able to issue the corresponding Auditor's Report.
CE02 - Acknowledging the importance of an ethical perspective in auditing.
CE03 - Describing the most problematic areas in an auditing firm from an ethical perspective.
CE04 - Address ethical management problems from using ethical arguments and propose acceptable and consistent actions from an ethical point of view.
CE05 - Critically analyse principles with an impact in the internal or external auditor's professional scope.
CE06 - Encourage application of the accounting regulatory framework based on the GAAP and GAAP-SMEs for preparing and analysing financial statements depending on the type, legal form, ownership regime of the company, both in regular ,particular an complex transactions of Corporate and Financial Accounting.
CE07 - Describing the accounting policy of transactions involving financial instruments.
CE08 - Understanding and knowingly apply accounting regulations of financial institutions and insurance companies.
CE08 - Understanding and knowing how to apply accounting regulations specific to financial institutions and insurance companies.
CE08 - Understanding and knowing how to apply accounting regulations specific to public organisations.
CE11 - Understanding the accounting complexity of bankruptcy procedures.
CE12 - Applying the main principles and regulations from consolidation theories and methods to professional practice.
CE13 - Identifying and understanding accounting in a global context: the International Financial Reporting Standards
CE14 - Making a financial diagnosis of a company by using rations on its financial statements.
CE15 - Applying the most common valuation methods and techniques to companies.
CE16 - Preparing a viability plan based on financial information,
CE17 - Identifying the accounting information needs for a good corporate management.
CE18 - Using several different systems for cost accumulation and assignment.
CE19 - Analysing management accounting reports in order to make decisions.
CE20 - Knowing how to use and applying budget control as a tool of Management Accounting for taking decisions.
CE21 - Study and differentiate between corporate systems, corporate procedures, corporate organisation and internal control.
CE22 - Understanding design of computer system security and its relevance in auditing company.
CE23 - Analysing and interpreting hoy different financial categories are interrelated, as well as impact of economic policies in economic growth.
CE24 - Understanding and applying advanced corporate management and leadership models.
CE25 - Using statistical techniques usually applied in account auditing.
CE26 - Applying theoretical and practical knowledge acquired during the programme in a real life context.
CE27 - Applying methods and principles used for research design in the scope of Auditing and Accounting.
Graduate profile. Career prospects
The graduate from this program will have obtained the skills, professional competencies and knowledge pertinent to a specialist in Auditing and Accountancy.
The career prospects of our postgraduates include not only positions linked to finacial or auditing companies, but also positions linked to accounting management of companies in any sector, including internal auditor positions.
The comprehensive training provided on the Master´s not only equips the students with the skills, competencies and technical knlowledge described, but also with the ability to understand and analyze the main moral, ethical, professional conduct and civic issues at present. This comprehensive training fosters the development of attitudes and values that uphold high levels of professional quality in any field related to the degree.
Likewise, the Official Master's in Financial Statement Auditing and Advanced Accounting enables access to an official doctoral program in accordance with the provisions of Royal Decree 99/2011, of 28 January, by which the official teachings of doctorate are regulated.
“The Official Master's Degree in Account Auditing and Accounting is a degree recognised by the Account Auditing and Accounting as being exempt of the undergoing the theoretical ROAC access exam.
This Master's Degree comprises 60 ECTS credits plus a 12 ECTS credit additional module for complementary training. Such credits are distributed as follows:
28 ECTS of compulsory training during 1st semester including the following subjects with their corresponding ECTS credits
32 ECTS of compulsory training during 2nd semester
12 ECTS Complementary knowledge areas
In-person lessons are estimated to be concluded in the last weeks of June. Extraordinary exams shall be take place in July.
All subjects shall be taught in Spanish, although some learning activities may involve using English in seminars, case studies or in-person activities taught in this language. Besides, students may be required to read papers, reports, case studies or other relevant materials written in English
Calendar of Official Master's Degree in Accounts Auditing and Accounting
Academic Year 2019-2020
Places available Mondays to Thursdays, 5 pm to 9 pm.
Exceptionally, some lesson may take place on a Friday.
First semester: from October 1, 2019 to January 31, 2020.
Second semester: Period for internships: February 1 to March 1, 2020. Lessons are interrupted.
Lessons: from March 5 to June 15, 2020.
Extraordinary examination session for the first semester: from February 10 to February 28, 2020.
Extraordinary examination session for the second semester: from June 15 to June 30, 2020.
End of Master Project: Single Call:May-June 2020
Class time schedule :
General Academic Calendar of the University