Master of Science Audit & Management Control

• The goal is to acquire key skills in budget management and reporting.
• The focus will particularly be on budgetary architecture, with the implementation of summary documents, project management control and its connection with budget management, as well as the creation and management of dashboards.

• The objective of this module is to teach how to create a Business Plan: designing a financial project for the creation or development of a business.
• Several steps are covered: feasibility study, market targeting, opportunities and risks, strengths and weaknesses, communication, financing plan, and profitability.

• Perfect the techniques of understanding and communication in the English language in a broader context than just business English.

• The objective of this module is to deepen students’ IT skills to meet the needs of businesses in areas such as budgetary or commercial tracking, project management, personnel management, and communication : Excel, Word, PowerPoint, team collaboration tools, and business software.
• It aims to develop proficiency in office tools, quickly identify and correct errors, customize existing tools, or create one’s own tools.

• The business game is conducted using a management simulator.
• Groups of students are responsible for managing a company in real-time.
• All major functions of the company are addressed.
• Students will make decisions with the goal of maximizing the company’s profitability.

• This module allows learners to improve their CV and professional posture through various activities, including simulations (professional simulations, public speaking, etc.);
• Practical and professional workshops (CV, professional social networks, coaching, etc.) ;
• As well as career-focused conferences and masterclasses.

Explain the “reasons for being,” the main uses, documents, and mechanisms of general accounting, including :

• The purpose, content, and use of the Balance Sheet and Income Statement of an organization.
• The mechanisms that link these two financial statements.
• The accounting recording of the main business transactions.

This introductory module in general accounting aims to provide every student, regardless of their professional project, with a basic accounting culture to understand the content of financial statements and use them to communicate with accountants.

• Modern tools for financial diagnostics to conduct a comprehensive analysis of the company.
• Tools for financial diagnostics : study of profitability, solvency, and financial structure of the company.
• Study of profitability.

• Calculation of the break-even point and the margin of safety.
• Techniques of budget management, activity monitoring, and dashboards.
• Analysis and use of management control, cost calculation methods, cost center analysis methods, rational allocation of fixed costs, marginal cost, partial costs.

• Evaluation of operations and the company’s level of control.
• Providing advice and studying tools to contribute to value creation.
• Evolution of the auditor’s profession.

• The seminar covers audit missions, as well as procedures, tests, methods, and audit tools.
• It presents statutory auditing, general aspects, and the implementation of audits, assessment of internal control, specific verifications, and end-of-mission reports.
• It also includes analytical procedures, physical controls, and management declarations.

• Mastery of the accounting procedure.
• Consolidation of accounts.
• Profit allocation.
• Capital reduction.
• Valuation of securities.
• Company formation.
• Capital increase.
• Convergence of the French Chart of Accounts (PCG) towards IFRS standards.

• Mastery of fundamental concepts for making financial forecasts.
• Sources of information, sector analysis, economic and financial performance analysis, analysis of financial structure and financing methods.

• Definition of business law.
• The concept of contract.
• Obligations of means and result.
• The concept of legal personality, the functioning of SARL (Limited Liability Company), SA (Public Limited Company), and SNC (General Partnership).
• Criteria for choosing a form of business.

• Presentation of the IFRS and US GAAP frameworks.
• Comparison of financial flows over time.
• Organization of the accounting framework, the conceptual framework of standards, presentation of financial statements under IFRS/US GAAP.
• Valuation and accounting of financial instruments.

• Investment projects: selection criteria and the real options approach.
• Financing methods: quasi-equity, bond financing, negotiable debt securities, IPOs, venture capital.
• Theories explaining the choice of financing.
• Treasury and management of centralized cash flows.

• The principles and scope of Corporate Income Tax (CIT), tax optimization within a group.
• International taxation.
• VAT : principles and mechanisms.
• Special VAT regimes.
• VAT territoriality : rules of VAT territoriality, goods deliveries, and provision of services.
• VAT payable : VAT base and its calculation.

This hybrid module will help understand the role of the Autorité des Marchés Financiers (AMF) in the regulation and supervision of financial markets, through the following topics:

• Financial instruments, cryptoassets and risks, collective management.
• Organization of market functioning.
• Post-market and market infrastructure.
• Issuances and securities operations.
• Basic accounting and financial foundations.

• Understand and master the principles of discounting and capitalization.
• Calculation of interest.
• Comparison of financial flows over time.
• Calculation of key profitability indicators in an investment project.

• Written exams

• Diagnosis of the value creation process of a company: analysis of economic and financial performance; analysis of operational and financial risks.
• Case studies.

• Mastery of the specificities of banking management control through the accounting structures specific to this activity.
• Impact of regulations related to financial security (LSF, Basel I, II, and III, SOX, and Solvency I and II…).

• Study of different cost calculation methodologies: full costing method, partial costing method, rational allocation, ABC method, UVA method.
• Budget management, construction of social dashboards: workforce management, social audit, recruitment, training, compensation.

• The objectives of accounting and tax information.
• The basic principles, concepts, and mechanisms.
• Accounting regulations in France.
• Main accounting and tax documents.
• Capital operations: capital increases, reduction of share capital, share buybacks.
• Consolidated financial statements.
• Management of results in a public limited company (SA).

• Learn to measure the performance of human capital within the company.
• Balancing labor costs, personnel efficiency, and the talent management system.

• Assess financial and non-financial indicators to understand the overall functioning of the organization.
• Identify the cross-functional nature of the company’s performance objectives and its management shortcomings.
• Master the diversity of financial performance objectives to develop an appropriate strategy.

• Mastery of cash management optimization tools in business.
• Study of various cost calculation methodologies : full cost method, partial cost method, rational allocation, ABC method, UVA method.
• Budget consolidation (transition from partial budgets to cash budget), development of a cash plan, and budget rebalancing.
• Mastery of tools for eliminating negative balances (discounting, factoring, cash credits…) and investing excess cash.

• Purpose of Internal Audit Applied to a Group.
• Study of specific tools for internal auditing.
• Case of auditing subsidiaries within a group strategy while complying with applicable accounting standards.
• Analysis of consolidation methods, evaluation of risks related to intra-group transactions, and review of consolidation adjustments.

• Concepts and fundamentals of internal control and risk management in the company.
• Regulatory environment related to internal control.
• The concept of risk in the company.

• Raising students’ awareness of the real risks of system attacks within a company and the realities and consequences of industrial espionage.
• Study of tools to combat these potential threats and implementation of a strategy for identifying vulnerabilities within an organization.

• Study of tools specific to tax, accounting, and financial audits.
• Tax procedures and litigation.
• Audit of the accounting of long-term debts and financial assets.
• Audit of the accounting of intangible assets and stock valuation.

General principles of account certification, internal control and account auditing, audit trails and circularization techniques, specific accounting review rules under IFRS standards.

• Validation of business plans.
• Validation of the review of business plans.
• Validation of segment reporting segmentation.
• Validation of the content of deferred taxes.
• Validation of transfer pricing.
• Validation of the structure of financial statements.

Study of corporate taxation principles (VAT, corporate tax, tax dispute procedures); the impact of taxation on management decisions. Understanding the taxation of a company’s results by exploring the areas of BIC (Industrial and Commercial Profits), BNC (Non-Commercial Profits), and BA (Agricultural Profits).

• Provide a comprehensive view of a company’s performance by integrating financial data (results, balance sheets) and non-financial data (CSR, ESG) to meet stakeholder requirements and regulatory obligations while ensuring transparency and compliance.
• Non-financial indicators focus on environmental, social, and governance impacts.
• Implementation and management of performance management tools driven by management control (balanced scorecards, executive scorecards, dashboards, and strategic planning).

• Introduction to the fundamentals of cybersecurity, designed to help participants understand online threats and adopt effective security practices.
• It covers principles of computer defense, hacker ethics, as well as real-world case studies to learn how to prevent and respond to common cyberattacks.
• Acquire essential skills to protect personal and professional data while raising awareness of critical cybersecurity issues in a connected world.

• Deepen knowledge of the practice of IFRS standards.
• Understand the framework and regulatory framework applied at the international level.
• Gain a better understanding of the techniques and procedures recommended by the standards in accounting and finance.
• Prepare and analyze the financial statements.

• Organize data from multiple sources, in different formats, to build clear dashboards.
• Automate data collection to reduce decision-making time and minimize errors from data re-entry.
• Present data and improve the visual communication of information.

• Address the ethical principles applied to organizational management and their impact on society.
• Integrate responsible practices in social, environmental, and economic areas into the company strategy.
• CSR is based on standards and frameworks (ISO 26000, ESG) to meet stakeholder expectations.
• Balance economic performance and sustainable development.

• Enable learners to understand the expectations of the applied research thesis.
• Formulate a research question, build a literature review, choose the study methodology, and make recommendations.
• Construct an applied research thesis, including the literature review, a qualitative and/or quantitative study, and recommendations.

• This module allows learners to enhance their CV and professional demeanor through various practical exercises (business games, professional simulations, public speaking, etc.).
• It includes hands-on workshops and professional development activities (CV writing, professional social networks, coaching, etc.), as well as industry conferences and masterclasses.

• Written exams.
• Thesis defense.