INTERNATIONAL EXECUTIVE post-MASTER OF AUDITING
Program Facts
International Executive post-Master of Auditing
Study load: 90 ECTS
Language: English
Duration: 2 years (part-time); six two-week seminars
Degree: Certificate of completion of the theoretical part of the Accountancy Education Programme (formally issued by Maastricht University and VU Amsterdam)
Structure
Year 1:
September/October (Maastricht)
December (Tallahassee/ Florida)
April/May (Amsterdam)
Year 2:
September/October (Maastricht)
November/December (Amsterdam & Maastricht)
April/May (Amsterdam)
About
UM and VU have been working together for more than 10 years on the International Executive post-Master of Auditing (IEMA) programme. As of 2024, the collaboration is being expanded with a Master of Science in International Accountancy. Due to increasing demand from the labour market, we now offer a Master of Science in International Accountancy, International Executive post-Master of Auditing, Post-Master International Auditing, Certificate on Professional Competence (CPC) courses, referaat sessions and more.
All programmes are designed to respond to audit firms’ needs for internationally oriented staff and cross-border mobility of qualified professionals. The programmes also respond to the challenges faced by auditors in the increasingly complex, globalized, and technology-driven world of financial reporting in an environment of international regulation, standard-setting, and inspection.
Students will meet during a two-week seminar every three months. The entire IEMA programme entails a minimum of six seminars. The core programme consists of five modules including the core educational requirements in financial accounting, internal control & accounting information systems, and auditing & assurance. Students will select one of three modules that are tailored to a specific country.
These modules will provide the bridge necessary for students to complete the educational requirements to take the certification exam in the country of their choice. Each bridge module will cover the tax and legal environment and national accounting principles of the selected country.
The modules will be supplemented with scheduled distance learning activities. Critical analysis and solving real-world practice problems will allow students to develop skills that are immediately useful in auditing.
The programme is specially designed for high-potential, internationally-oriented students. We expect that students entering the programme will have high career potential and will bring a basic education in accounting and auditing.
The IEMA programme is taught by professors from Maastricht University, VU Amsterdam and Florida State University.
Curriculum
The core programme (RA module) will consist of eleven courses in the area of auditing, business and law.
The courses relate to the three main knowledge areas of the audit profession:
Audit & Assurance
Financial Accounting
Internal Control & Accounting Information Systems
In addition, the programme will focus on eight supporting business areas that auditors need to be acquainted with:
Management Accounting & Control
Financial Management
Behaviour Ethics & Decision-making
.
Corporate Governance
Strategy Leadership & Organization
International Practice
Tax Law
Corporate Law
Internationally operating organizations cannot perform without IT, in the broadest sense. It is therefore very important for accountants who audit these organizations to have sufficient knowledge of IT and the associated risks. The subject IT, is therefore embedded in all courses.
The three main courses and the eight supporting courses comprise a total study load of 90 ECTS.
Country-Specific Modules
Registeraccountant (RA) in the Netherlands
Upon completion, you will receive the theoretical certificate to become a qualified auditor (RA) in the Netherlands. If you want to become an RA, you must have an MSc degree before starting with the IEMA programme. Applicants who do not meet certain requirements may be expected to complete additional bridging courses prior to enrolment. These bridging courses can be fulfilled through self-study. The IEMA has been appointed by the CEA (Commissie Eindtermen Accountants opleiding). Click on www.cea.nl for more information.
Chartered Accountant (CA) in the United Kingdom
The ACA examinations required by ICAEW comprise three stages: Certificate, Professional and Advanced Level, in total 15 modules. IEMA covers 8 modules (6 including exams) The UK-CSM covers the other modules, which includes Law and Taxation.
Certified Public Accountant (CPA) in the United States of America
Country Specific Module to become a qualified auditor in the US. Country Specific Modules are designed to provide students with exposure to US Business Law, US Tax Law and Financial Accounting (US GAAP) for licensing as a Florida CPA.
Fast Facts IEMA
- International classroom, from Europe and the US; that combine theory and practice
- Cultural Diversity & Experience; students with very diverse backgrounds, building international relation- and friendships for life
- Highly Interactive; with small scale education, groups of approximately 25-30 students
- Extraordinary post-Master Programme, for high potentials, international students
- Optimal Work/Study Balance; due to the seminars of 2 weeks each
- Personal Attention; from management as well as from faculty members
- Programme addresses International Auditing Issues and Developments, IT is being embedded in all courses
- Student bonding during seminars, with group dinners and other group activities
- IEMA Alumni Ambassadors; all over the world in at least 43 countries
Admission requirements and intake
IEMA focuses on executive students with a BSc and MSc in auditing that would like to become a licensed auditor. A Master of Science degree is a minimum requirement to become a Dutch Registeraccountant (RA) and to enter the programme.
In order to be eligible for admission to the IEMA Registeraccountant programme, a candidate needs to fulfil the requirements of:
- Providing proof of having obtained a 3-year Bachelor of Science degree or a 4-year professional Bachelor degree; and
- Providing proof of having obtained a Master of Science degree; and
- Providing detailed course descriptions from all Bachelor and Master courses; and
- English language proficiency to a sufficient level master the English language at a sufficient level by having obtained:
- a minimum score of 88 on a TOEFL Internet Based language test (TOEFL IBT); or
- a minimum score of 570 on a TOEFL Paper Based language test (TOEFL PBT); or
- a minimum score of 6.5 on the academic and overall IELTS language test, with no section below 5,5; or
- a minimum score of 720 on the TOEIC language test, with a pass for both the “Speaking and Writing” and “Listening and Reading” parts; or
- a minimum grade of C on the Cambridge CPE English Proficiency Test; or
- a minimum grade of B on the Cambridge CAE English Advanced Test;
Applicants from countries who have completed their Bachelor and/or Master degree in English, or applicants from Anglosphere countries where the official language is English, may be exempted from this requirement, at the discretion of the Board of Admissions. A statement from the previous university that the degree was in English will be required. At the discretion of the Board of Admissions, a satisfactory result from one of the accepted English tests might still be requested before a decision for admission will be taken.
- Providing proof of having obtained a 3-year Bachelor of Science degree or a 4-year professional Bachelor degree; and
- Providing proof of having obtained a Master of Science degree; and
- Providing detailed course descriptions from all Bachelor and Master courses; and
- English language proficiency to a sufficient level master the English language at a sufficient level by having obtained:
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Calendar
September 30 – October 12 2024
Maastricht (The Netherlands)
September 30 – October 12 2024
Maastricht (The Netherlands)
September 30 – October 12 2024
Maastricht (The Netherlands)
September 30 – October 12 2024
Maastricht (The Netherlands)
September 30 – October 12 2024
Maastricht (The Netherlands)
September 30 – October 12 2024
Maastricht (The Netherlands)
Tuition fee
The € 14.500 tuition fee covers the entire IEMA programme, including six two-week seminars, distance learning exercises, exam sessions, and assignment briefings; course material (excluding books); coffee breaks, and occasional group lunches and dinners. The fee excludes travel and accommodation costs.
In case a student does not finish the programme within 2 years, an additional tuition fee is due. The additional fee will be 25% of the tuition fee and will be invoiced per 6 months (September-February & March-August) for as long as the student does not successfully finish the IEMA programme.
Disclaimer: in case of an insufficient number of applicants, we reserve the right not to offer the programme in a particular year.