Business and Economics

1. General Objectives of the program

The program of Accounting and Finance plans to meet the University’s mission of instilling into present and future-leaders knowledge of current and future accounting, auditing and finance practices and relevant skills through student–centered high quality, viable programs which are fully recognized internationally and by both the private and public institutions in Ethiopia. Hence, the Department seeks to sustain its growth and relevance through:

• A highly educated and motivated faculty Viable programs which have local relevance and fully recognized internationally.

An International reporting and auditing standards based curriculum that meets the needs of the nation and international business.

• Relevant curriculum leading to an exceptional learning environment with full access to new technologies and computer-mediated learning
• An abundant level of intellectual capital created through scholarly activities
• Research that meets the needs of the local and international business and academic communities; · A fully integrated international perspective
• A full understanding of employer needs obtained through constant monitoring of the business environment through linkage program

An International reporting and auditing standards based curriculum that meets the needs of the nation and international business.

• Relevant curriculum leading to an exceptional learning environment with full access to new technologies and computer-mediated learning
• An abundant level of intellectual capital created through scholarly activities
• Research that meets the needs of the local and international business and academic communities; · A fully integrated international perspective
• A full understanding of employer needs obtained through constant

monitoring of the business environment through linkage program

2. Specific Objectives of the program

The program of Accounting and Finance has the following specific objectives:

• To produce graduates in its regular degree program to satisfy a portion of the demand for accounting and finance graduates.
• To enhance the relevance and timeliness of instruction, as well as the technical competency of the staff, by conducting applied research and developing innovative educational materials and techniques.
• To provide students with sufficient academic, technical, logical, analytical, and professional base from which to pursue a career in accounting and finance and to advance to further study and a potential academic career in accounting and finance
• To be a major provider of consultancy services to the public
• To establish linkage programs with different stakeholders from which the program will be able to tap resources and share experiences

• . Graduate Profile and Professional Profile

5.1. Graduate Profile

Upon graduate from the program, the graduate from BA degree in Accounting and Finance should have accounting and finance knowledge and understanding that enable them to:

• Account transactions and events, and prepare financial statements as per International Financial Reporting Standards (IFRS);

Analyze and interpret IFRS-based financial statements;

• Audit financial statements and the underlying accounting systems, controls and records, and express an independent professional opinion about them as per International Standards for Auditing (ISA);
• Identify, measure, gather, analyze, interpret and communicate cost and other types of information to management for planning, control, performance measurement, and decision making related to pricing, operating, investing, and financing activities;
• Identify and anticipate control risks both in manual and computerized accounting systems, and to suggest and establish better controls to safeguard business resources from risk exposures of illegal acts;
• Analyze and design accounting information systems, and use computer applications in business transaction cycles;
• Develop the specific skills, modes of analysis and institutional background useful to work in finance areas for profitmaking businesses or not-for-profit organizations;
• Start and run their own business;
• Account transactions and events, and prepare financial statements for not-for-profit organizations as per International Public Sector Accounting Standards (IPSAS)
• Manage financial resource and risk exposures of business firms, manage financial institutions, analyze investment opportunities and execute professional services in investment institutions, brokerage & dealer firms and in investment banks;
• Conduct accounting and finance related research and to form linkage with various accounting and finance oriented and research based institutions both locally and abroad.
• Work clerical activities like, keeping general accounts, records and reports; payroll processing and billings.
• Prepare tax return and perform tax plan
• Internalize an appreciation for the role of ethics in both the profession and the business world.
• Be prepared for graduate studies, professional certification and advanced trainings in accounting, auditing, finance, and management