Accounting and Finance

Length: 2 years

Level: Diploma

Fee: 2 700€ / year

Fee: 300€ Registration fee + 500€ security deposit

Course Info

“A good accountant – the wealth of the company and the key to success!”



High-quality accounting is a successful collaboration between a manager and an accountant. The American Association of Accountants defines accounting as “the process of identifying, measuring, and disclosing financial information to enable users of this information to make decisions and judgments”. Its main tasks are:



– to provide the senior management of the company with information to make business decisions;

– to ensure control over the use of the company’s material, labour and financial resources and the preservation of property;


– to provide users of financial statements with true and complete information about the company’s liabilities, results of business operations and financial position;


– to ensure appropriate calculation of taxes.


Accountant is an ancient and sought-after profession. No financial activity of a company can take place without an accountant because this specialist is the one who keeps a record of the company’s financial activities and oversees them. The representatives of this profession have a very broad field of work.


Job opportunities: An accountant can work at state and municipal institutions, banks, insurance companies, manufacturing and trading companies, travel agencies, private companies etc., as finance is the daily basis and backbone of every business.

During studies you will acquire skills in: accounting and related software, financial and management accounting, taxes and fees, finance and credit, marketing, inspection and auditing, business law, business organization and planning, economics, record keeping, law, project preparation and management, mediation, etc.






Upon graduation, the graduate of the College of Law has the opportunity to continue his/her studies at a higher education institution in Latvia, to start studies at a later stage (if the completed courses correspond to the study programme of the respective higher education institution);

Upon graduation, the graduate receives a diploma in Latvian and English. It is also possible for graduates to continue their studies at higher education institutions abroad;



By gaining quality knowledge and competitive skills at the College of Law, a graduate can confidently apply for the labour market – finding a well-paid job.

Application requirements

    Completed secondary education
        Transcript of grades

    Good or excellent final grades in the following subjects

    Eligibility for university in home country

 * International test score (e.g. IELTS, TOEFL, etc.)/ secondary school grade


  • Computer skills
  • Record keeping and professional terminology
  • Professional terminology
  • Contact and ethics
  • Fundamentals of sociology
  • Fundamentals of law
  • Fundamentals of statistics
  • Fundamentals of marketing
  • Project management
  • Safety at work, civil and environmental
  • Fundamentals of psyhology
  • Mathematics for economists
  • Legal basis for commerce
  • Organisation and planning in commerce
  • Macroeconomics
  • Microeconomics
  • Accountings basics
  • Accounting software
  • Management accounting
  • Financial accounting
  • Fundamentals of tax system
  • Finance and credit
  • Inspection and audit
  • Labour law
  • Module 1. Financial management and analysis
  • Module 2. Preparation of financial statements
  • Module 3. Mediation
  • Module 4. Procedural rights
  • Module 5. Labour and social rights
  • Module 6. Personal data protection
  • Module 7. Couching