The Diploma for Graduates (DipGrad) can be used for many purposes, and in some cases, effectively provides an additional major. It requires you to do at least seven papers, of which at least four are at 300-level or above. The programme is designed for graduates and may be completed by full-time candidates in one year or by part-time candidates over more than one year. A DipGrad is a great way to retrain or to update existing qualifications. Many students also find it a convenient way to continue learning and that it is a useful bridge to postgraduate study. Almost everyone practices accounting in one form or another on a daily basis. Accounting is part of measuring, communicating, and interpreting financial activity. Whether you are preparing a household budget, balancing your cheque book, preparing your income tax return, or running a large corporation you are working with accounting concepts and accounting information. The government, cities, boards of trustees and businesses all use accounting as a basis for controlling their resources and measuring their accomplishments. Everyone needs some knowledge of accounting if they are to act intelligently in meeting the challenges of our society. Several distinct subject areas are taught within the Department of Accountancy and Finance: financial accounting, management accounting, financial management, business law, taxation and auditing. All levels of study include coverage of financial accounting and management accounting. Papers Required Approved papers from those prescribed at 300-level for the major subject or endorsement requirements for the subject concerned and/or from those available at a higher level in the subject concerned. Of the 72 points required above 200-level for the programme, a minimum of 54 points shall be from papers for the subject concerned, but papers worth up to 72 points may be required for certain subjects. Other papers at 100- and/or 200-level in the subject concerned may also be required in some cases as a condition of endorsement.