

Accounting & Finance

Accounting & Finance is concerned with the concepts of money, business and management, with an emphasis on professional careers in this area. The terms 'Accounting' and 'Finance' are not necessarily synonymous with one another. Accounting is concerned with a range of information analysis, for many different aspects of a business. Finance, on the other hand, is concerned solely with the monetary funds of said business.
Digging deeper into subject interests can help you in a number of ways:
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Confirm whether this is (or isn't) something you would be interested in enough to want to study it at university either as the focus of your degree or a minor/elective
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Give you some inspiration to use when creating your questions and topics for IA's (coursework) and your Extended Essay
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Provide you with content for your university application writing in the future, enabling you to reflect on the things you've been doing to explore your interests in a way that is academically relevant to the course or institution you are applying for.
Useful Resources
H Rey “Monetary Policy and International Capital Flows” IMF Mundell-Fleming Lecture | Recorded Lecture | Fifteenth Jacques Polak Annual Research Conference "Cross-Border Spillovers" | Click Here > | |
New geographies of global money? Chinese finance in London | A recorded lecture from Geography Education and the University of Nottingham | Recorded Lecture | In this talk, Sarah Hall, Professor of Economic Geography at the University of Nottingham, explores the globalisation of money and finance by focusing on the growing influence of Chinese finance in London. | October 2020 | Click Here > | |
Professor R Griffith “Does Starbucks pay enough tax?” | Recorded Lecture | The 2015 Annual Public Lecture ”Does Starbucks Pay Enough Tax? – How and Why We Tax Large Multinational Firms” given by Professor Rachel Griffith at The Royal Institution, London.
The idea that large multinational firms avoid paying their fair share of taxes by engaging in tax-avoidance activities is pervasive in the public consciousness. The US and UK media regularly report on the activities of individual firms and the taxes they have avoided. There have been public protests over tax avoidance activities, and the Organisation of Economic Cooperation and Development (OECD) has formed a commission to study the issue and made recommendations for reform.
In this lecture Professor Rachel Griffith discusses some of the empirical evidence about the taxes that firms pay on their profits, the avoidance activities they engage in and the implications this has for the government’s ability to collect tax revenue. Surprisingly, there is relatively little evidence that the UK or US lose substantial amounts of tax revenue due to firms’ avoidance activities. This is surprising because it seems that there are ample opportunities for them to do so. Professor Griffith discusses why that might be the case, and some of challenges that governments face in effectively taxing firm profits. | Click Here > | |
T Harford “How to run – or ruin – an economy” | Recorded Lecture | Tim Harford, Financial Times columnist, author and presenter of Radio 4's "More or Less" gives RES Public Lecture at Royal Institution on 28 November 2013 | Click Here > | |
Data - Deluge and Decisions CIMA (2017) | Video | Dealing with the Data deluge and decision making, with Andrew Harding - Chief Executive Management Accounting at The Association of International Certified Professional Accountants.
Discover more topics on big data innovation in the management accountant profession with insightful CGMA perspectives at www.cgma.org/big-data | Click Here > | |
KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate | Video | A story of money, secrecy and greed: a tax dodge for the wealthy dreamed up by one of the biggest accounting giants in the world
KPMG Canada devised what it called an “Offshore Company Structure” for a select group of rich clients: they would claim to give away millions of dollars to a shell company supposedly out of their control and therefore wouldn’t have to pay taxes on it.
In the U.S., top KPMG officials were convicted of tax evasion schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada Revenue Agency.
A federal government inquiry vowing to get to the bottom of it went nowhere
What was the accounting firm trying to hide?
With revelations from industry insiders, internal KPMG documents and corporate records from the Isle of Man offshore tax haven, we expose the details of the scheme and unveil the names of some of the wealthy clients.
A joint investigation by the fifth estate and Radio-Canada’s Enquete program | Click Here > | |
Seeing through "the banker's new clothes": Anat Admati at TEDxStanford | Video | Anat R. Admati holds a bachelor's degree from Hebrew University in Jerusalem and a doctorate from Yale University, and is a professor of finance and economics at the Stanford Graduate School of Business. Her recent research has focused on corporate governance and banking. She is the co-author of The Bankers' New Clothes: What's Wrong with Banking and What to Do about It. The book and many commentaries expose the continued failure by policymakers to protect the public and reduce the harm and distortions from a reckless financial system. Admati believes that explaining the issues to a broad audience is essential for bringing about policy change. | Click Here > | |
University of Swansea Webinars | Webinar | Video | This is a collection of recordings from the University of Swansea's subject taster webinar series which they run at various times throughout the year. Browse through to find topics relevant to your interests. | Click Here > | |
Association of Chartered Certified Accountants (ACCA) | Website | Click Here > | ||
Chartered Institute of Management Accountants (CIMA) | Website | Click Here > | ||
Chartered Institute of Public Finance and Accountancy (CIPFA) | Website | Click Here > | ||
Institute of Chartered Accountants in England and Wales (ICAEW) | Website | Click Here > | ||
Institute of Chartered Accountants of Scotland (ICAS) | Website | Click Here > | ||
International Federation of Accountants (IFAC) | Website | Click Here > | ||
Investopedia | Website | Investopedia is a financial education website. They offer a stock market similar, news and views on a range of investment topics. They also offer an academy with online courses but there is a fee for these. | Click Here > | |
Springpod Virtual Work Experience | Work Experience | Virtual work experience Opportunities across a range of companies and sectors. Most of them are free. | Click Here > |