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  • Locations: Nicosia, Cyprus
  • Program Terms: Summer
  • Homepage: Click to visit
  • Program Sponsor: University of Nicosia-Global Semesters 
  • Restrictions: U of A applicants only
  • This program is currently not accepting applications.
Dates / Deadlines:

There are currently no active application cycles for this program.
Fact Sheet:
Fact Sheet:
Study Abroad Advisor: Bumpers College: TBD, College of Architecture & Design: Brian Poepsel, College of Education & Health Professions: TBD, College of Engineering: Brian Poepsel, Fulbright College: Katie Sabo, Walton College: Megan Hull Program Type: External
Click here for a definition of this term Minimum GPA: 2.5 Language of Instruction: English
Open to non-U of A students?: No Click here for a definition of this term Automatic Discounts: $500/semester
Housing Options: Apartment
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:

  • ACCT-360: Financial Reporting (3 Credit Hours)
  • ACCT-470: International Taxation (3 Credit Hours)
WHY CYPRUS?
Safest Country
In the World
For 15-29 Year Olds
2 of the Top 25
Beaches in Europe
(TripAdvisor, 2021)
80%
of the Population
Speaks English
Cosmopolitan
European Lifestyle
in the Mediterranean
 
WHY UNIC?
 
14,500+
University Students
From 6 Continents
UNIC Ciy
Modern Urban
University Campus
Ranked in
Top 250 Universities
in Europe
Ranked in
Top 3%
in the World



This program is currently not accepting applications.