The Higher Diploma in Applied Accountancy (HDAA) offered by Sipway Campus is a professionally designed programme that provides students with comprehensive theoretical knowledge and practical expertise in accounting, finance, auditing, taxation, and business management. The programme is structured to develop competent accounting professionals who can effectively support financial operations, reporting processes, and business decision-making within modern organizations.
This programme focuses on building strong foundations in financial accounting, management accounting, financial reporting, auditing, business law, and economics while enhancing analytical, problem-solving, and professional communication skills. Students will gain practical exposure to accounting procedures, preparation of financial statements, budgeting techniques, auditing practices, and compliance requirements used in real-world business environments.
The curriculum combines academic learning with industry-oriented practical applications, enabling learners to understand accounting standards, financial systems, organizational processes, and regulatory frameworks relevant to both private and public sector organizations. Through case studies, practical assignments, and real-world financial scenarios, students will develop the confidence and competency required for professional accounting and finance careers.
Key Learning Outcomes
- Understand the principles and concepts of financial and management accounting
- Develop practical skills in preparing financial statements and accounting reports
- Analyze and interpret financial data for business decision-making
- Apply accounting standards and financial reporting procedures effectively
- Understand the fundamentals of auditing and internal control systems
- Develop knowledge of business law, corporate regulations, and compliance requirements
- Gain practical understanding of taxation principles and accounting procedures
- Apply budgeting and cost control techniques in organizational environments
Course Modules
DURATION 06 MONTHS
Module 01 – Financial Accounting
- Introduction to accounting principles and concepts
- Recording financial transactions and bookkeeping procedures
- Preparation of journals, ledgers, and trial balances
- Preparation of financial statements
- Accounting adjustments and reconciliation procedures
- Practical applications of accounting systems
Module 02 – Financial Reporting
- Principles and standards of financial reporting
- Preparation and presentation of financial statements
- Interpretation and analysis of financial reports
- Accounting standards and compliance requirements
- Corporate financial reporting practices
- Reporting for decision-making and stakeholder communication
Module 03 – Cost & Management Accounting
- Cost classification and cost behaviour analysis
- Budgeting and cost control techniques
- Marginal and absorption costing methods
- Performance measurement and financial planning
- Management accounting tools for decision-making
- Cost analysis for business operations and resource management
Module 04 – Corporate Reporting and Auditing
- Fundamentals of auditing principles and procedures
- Internal controls and audit documentation
- Corporate governance and compliance requirements
- Audit planning and risk assessment
- Preparation and evaluation of audit reports
- Corporate financial reporting and accountability practices
Module 05 – Principles of Economics
- Introduction to microeconomics and macroeconomics
- Demand, supply, and market structures
- National income and economic performance
- Inflation, unemployment, and economic policies
- Business environment and economic decision-making
- Impact of economic factors on organizations and industries
Module 06 – Management Fundamentals
- Principles and functions of management
- Organizational structure and business operations
- Leadership, teamwork, and communication skills
- Planning, organizing, and decision-making processes
- Human resource and performance management concepts
- Professional ethics and workplace management practices
Module 07 – Business Law
- Introduction to business and commercial law
- Legal framework of business organizations
- Contract law and legal agreements
- Employment and labour law concepts
- Consumer protection and corporate responsibilities
- Legal compliance and ethical business practices
Entry Requirements
Applicants seeking admission to the Higher Diploma in Applied Accountancy (HDAA) should fulfill one of the following minimum qualifications:
- G.C.E. Ordinary Level (O/L) qualification with basic knowledge of English and Mathematics
- G.C.E. Advanced Level (A/L) qualification in any stream
- Successful completion of a Certificate or Diploma programme in Accounting, Finance, Business, or a related field
- Working professionals with relevant industry experience in accounting, taxation, finance, administration, or business sectors
Course Fee
Registration Fee
- LKR 2,000/-
Full Course Fee
- LKR 32,000/-
One-Time Payment
- LKR 22,000/-
(Special discounted payment)
Two Installments
- LKR 14,000 × 2
- Total: LKR 28,000/-
Three Installments
- LKR 6,000 × 2
- LKR 5,000 × 4
- Total: LKR 32,000/-
