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Accounting and Finance Final Curriculum-July 29-2013
Accounting and Finance Final Curriculum-July 29-2013
Ministry of Education
July, 2013
EXECUTIVE SUMMARY
4. Program Objectives
4.1. 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.
• 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
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 put 80% of its second year complete and third year complete students into
internship programs in which students gain practical experience
• To establish linkage programs with different stakeholders from which the
program will be able to tap resources and share experiences
6. Academic Requirements
6.1. Admission Requirements
Anyone who wishes to join the BA program is required to meet the entry requirements of
higher institutions stated by Ministry of Education and Each University.
6.2. Graduation Requirements
To graduate from the program the student should take all courses offered in the program,
a total of 180 EtCTS and earn a Cumulative Grade Point Average (CGPA) of 2.00 or better
by the end of the program, and earn no ‘F’ grade in any course. The student is also
required to have a cumulative grade-point average of at least 2.00 in all major courses by
the end the program.
The completion of the program would require three years of study or six semesters
6.6. Assessment and Evaluation Methods
The program follows a combination of various assessment and evaluation techniques.
Considering the very nature of the course and the expected learning outcome from each
course, the assessment and evaluation methods include continuous assessment like
assignments; quizzes, tests, individual and group projects, paper based and practical
exams, presentations, and the like.
[45,50) 1.75 C-
[40, 45) 1.0 D
[30, 40) 0 Fx
[0, 30)
0 F
9. Resources
9.1. Academic Staff profile
The staff profiles of the Accounting and Finance program of the Department are as below
Particulars Quantity
Number of Class Rooms 6
Number of Libraries 1
Total Seat Capacity of the Libraries 500
Number of Computer Labs 3
Total computers in the computer labs 200
Number of course-related books 200
Conference room 1
LCD Projector 30
Printer 2
Scanner 1
Duplication machine 1
Copier 2
Lap tops 35
Modules Module Title Module code Course Title Course Cr CP(1 Total
No Code Hr crhr=1.579) work
load(1cp
= 27 hr)
M3 Basics of AcFn-M1031 Principles of AcFn1031 4 6 162
Accounting and Accounting I
Reporting Principles of AcFn1032 4 6 162
Accounting II
8 12 324
M8 Financial AcFn-M2081 Financial AcFn2081 4 6 162
Accounting and Accounting I
Reporting Financial AcFn2082 4 6 162
Accounting II
8 12 324
M9 Cost and AcFn-M2091 Cost and AcFn2091 3 5 135
Managerial Management
Accounting Accounting I
Cost and AcFn2092 3 5 135
Management
Accounting II
6 10 270
M10 Corporate Finance AcFn-M2101 Financial AcFn2101 3 5 135
management I
Financial AcFn2102 3 5 135
management II
6 10 270
M20 Project and AcFn-M3201 Project Analysis AcFn3202 3 5 135
Investment and Evaluation
Analysis Investment analysis AcFn3201 2 3 81
and portfolio
management
5 8 216
M16 Auditing and AcFn-M3161 Auditing Principles AcFn3161 3 5 135
Assurance and Practices I
Services Auditing Principles AcFn3162 3 5 135
and Practices II
6 10 270
M12 Non-Profit Sector AcFn-M2121 Government and AcFn2121 2 3 81
Accounting Non-profit
Accounting
Ethiopian AcFn3122 2 3 81
Government
Accounting
4 6 162
3 5 135
M14 Entrepreneurship Mgmt- Entrepreneurship Mgmt2141 3 5 135
and Strategy M2142 Strategic Mgmt2142 2 3 81
Management
5 8 216
M19 Operations Mgmt-M3192 Operation Mgmt3191 3 5 135
Management Management
3 5 135
M7 Economics Econ-M1072Microeconomics Econ1071 4 6 162
Macroeconomics Econ2072 3 5 135
SUB TOTAL FOR SUPPORTIVE COURSES 23 37 60
YEAR I, SEM I
Principles of Accounting I 4 6 AcFn-M1031 AcFn1031 Semester Based
Introduction to Management 3 5 Mgmt- Mgmt1051 Semi-Blocked
M1052
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Number/Title M3. Basics of Accounting and Reporting
Objective of the Upon the successful completion of this module, students should be able
module to:
• summarize and apply basic financial accounting terms, concepts,
and principles;
• apply accounting terminology, concepts, and principles in
analyzing, recording, and reporting basic business transactions;
• Take a series of transactions through the accounting cycle
• Utilize and identify the implication of the various methods of
valuation in respect to common balance sheet items
• Analyze, record and report transactions for businesses organized
as partnerships, private limited companies, and companies
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Number/Title M4. Computing and Quantitate Methods for Finance
Objective of the module Upon the successful completion of this module, students
should be able to:
• Explain the fundamental Information Technology concepts
that underpin business information systems;
• Be competent in the use of a computer, produce
documents, design spreadsheets and make a
presentation;
• To use different mathematical methods to solve business
problems
• To use different Statistical Methods to solve business
problems
Total ETCTS and Credit EtCTS: 15
Hours of the module Credit Hours: 10
Courses of the Module
Course Number Course Name Cr. CP/ETCTS
Hr
AcFn1042 Fundamentals of Information 2 3
Systems
AcFn 1041 Mathematics for Finance 4 6
AcFn 1043 Statistics for Finance 4 6
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Number/Title M9. Cost and Management Accounting
Objective of the Upon the successful completion of this module, students should
module be able to:
• Describe the nature and classification of costs
• Apply appropriate costing system to determine the cost of
various cost objects
• Properly account for spoilage, reworked units, scrap, by-
products and joint product
• Explain different costing systems
• Analyze costs for decision making purpose
• Prepare annual operation budgets
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Number/Title M10. Corporate Finance
Objective of the Upon the successful completion of this module, students should
module be able to:
• Explain the nature of financial management
• Analyze the performance of an organization using its
financial statements
• Manage the finance of business organizations
• Determine the values of financial assets
• Apply different techniques in evaluating the profitability of
capital projects
• Discuss the relationship between risk and return;
• Explain the current theoretical issues regarding capital
structure and the value of the firm;
Discuss the pros and cons of various sources of long term
financing;
Total ETCTS and Credit ETCTS: 10
Hours of the module Credit Hours: 6
Courses of the Module
Course Number Course Name Cr. CP/ETCTS
Hr
AcFn 2101 Financial Management I 3 5
AcFn 2102 Financial Management II 3 5
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M11. Financial Institutions
Number/Title
Objective of Upon the successful completion of this module, students should be able
the module to:
• Identify, measure, and price the various risks faced by the companies
• Perform commercial banking procedures
• Explain the role and functions of financial institutions, and the related
regulation and supervision
• Explain the role of financial markets for the well function of the
economy
Total ETCTS EtCTS: 11
and Credit Credit Hours: 7
Hours of the
module
Courses of the Module
Course Course Name Cr. CP/ETCTS
Number Hr
AcFn2111 Risk Management and Insurance 3 5
AcFn2112 Financial Markets and Institutions 2 3
AcFn 2113 Banking Principles and Practices 2 3
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M12. Non-Profit Sector Accounting
Number/Title
Objective of the Upon the successful completion of this module, students should be able
module to:
• Explain the characteristics government and not-for-profit
organizations;
• Discuss accounting concepts, principles, and procedure applicable
for government and not-for-profit organizations;
• Distinguish the legal and economic substance of transactions as
opposed to the nature of transactions in business organizations;
• Explain the features of Ethiopian government accounting system;
• Record various transactions in government budgetary institutions
and prepare reports;
• Describe the nature, roles and significance of Ethiopian government
budgeting
Total ETCTS and EtCTS: 6
Credit Hours of Credit Hours: 4
the module
Courses of the Module
Course Number Course Name Cr. CP/ETCTS
Hr
AcFn 2121 Government and Non-profit Accounting 2 3
AcFn 3122 Ethiopian Government Accounting and 2 3
Financial Management
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M13. Research in Accounting and Finance
Number/Title
Objective of Upon the successful completion of this module, students should be able
the module to:
• Apply business research methods in doing research
• Have foundation knowledge for scientific reasoning and solutions for
business problems
• explain the various tools and techniques of research
• Discuss sources of data and data collection techniques
• Prepare and present essay based of real-world practices
Total ETCTS and EtCTS: 5
Credit Hours of Credit Hours:
the module
Courses of the Module
Course Course Name Cr. Hr CP/ETCTS
Number
AcFn 2131 Research Methods in 3 5
Accounting & Finance
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Number/Title M16. Auditing and Assurance Services
Objective of the Upon the successful completion of this module, students should be
module able to:
• Plan and design an audit approach for company financial
statement audit
• Perform tests of controls and substantive tests of transactions
in financial statement audit
• Perform analytical procedures and test of details of balances
• Issue the appropriate audit report based on the findings
• Conduct internal audit
Total ETCTS and Credit ETCTS: 10
Hours of the module Credit Hours: 6
Courses of the Module
Course Number Course Name Cr. CP/ET
Hr CTS
AcFn 3161 Auditing Principles and Practices I 3 5
AcFn3162 Auditing Principles and Practices II 3 5
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M20. Project and Investment Analysis
Number/Title
Objective of the Upon the successful completion of this module, students should be able
module to:
• Identify viable business projects, develop feasibility study, and
advise investors on the feasibility of the projects
• Identify, analyses and interpret the possible investment
opportunities
Total ETCTS and EtCTS: 8
Credit Hours of Credit Hours: 5
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 3202 Project Analysis & Evaluation 3 5
AcFn 3201 Investment and Portfolio Management 2 3
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M18. Accounting Information Systems
Number/Title
Objective of the Upon the successful completion of this module, students should be able to:
module • Explain the fundamental Information Technology concepts that
underpin business information systems;
• Be competent in the use of a computer, produce documents, design
spreadsheets and make a presentation;
• Identify AIS control and security threats and recommend
preventing/mitigating strategies;
• Develop understanding about fundamental concepts of database
technology and data modeling and apply the knowledge gained to
develop AIS data model;
• Have basic skill on the use of major accounting software
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M22. Senior Research
Number/Title
Objective of the Upon the successful completion of this module, students should be able to:
module • Apply business research methods in doing research
• Have foundation knowledge for scientific reasoning and solutions
for business problems
• explain the various tools and techniques of research
• Discuss sources of data and data collection techniques
• Prepare and present essay based of real-world practices
Total ETCTS and EtCTS: 5
Credit Hours of Credit Hours: 3
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 3221 Senior Research Project I 1 2
AcFn 3222 Senior Research Project II 2 3
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Number/Title M17. Public Finance and Taxation
Objective of the Upon the successful completion of this module, students should
module be able to:
• Discuss the essence of public finance and taxation in theory
and in Ethiopian context
• Apply basic Ethiopian tax concepts to various
circumstances relating to the employment, business and
other income taxes
• Apply basic Ethiopian tax concepts to various
circumstances relating to VAT, turnover tax, excise taxes,
and custom duty
Total ETCTS and Credit ETCTS: 11
Hours of the module Credit Hours: 7
Courses of the Module
Course Number Course Name Cr. CP/E
Hr TCTS
AcFn 3171 Public Finance & Tax Accounting 3 5
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Advanced Financial Accounting
Module Number AcFn-M3151
Objective of the After successfully completing this module, students will be able to:
module • Deal with accounting for joint ventures in general and accounting for
Public Enterprises(focusing on public enterprises in Ethiopia)
• Record, analyze and report financial information of enterprises with
sales agencies and branches
• Account for business combinations and the preparation of
consolidated financial statements
• Differentiate installment and consignment sales from ordinary sales
and explain how revenues are recognized from such sales
• Account for foreign currency transactions and translations and
reporting the operating results of foreign subsidiaries
• Account for segment reporting and interim reporting
Total ETCTS and ETCTS: 6
Credit Hours of Credit Hours: 4
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn3151 Advanced Financial Accounting 4 6
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Basic Management Concepts
Module Number Mgmt-M1052
Objective of the Upon the successful completion of this module, students should be
module able to:
• Explain the general overview of management in relation to its
importance, roles, skills and universality
• Develop a comprehensive understanding of basic concepts of
management functions
• Describe marketing principles and concepts
• Explain the importance and role of product development and
major components of marketing
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Entrepreneurship and Strategy
Module Number Mgmt-M2142
Objective of the • To enhance the ability to analyze trends, production,
module marketing, financial and human resource data in an integrated
manner for dynamic decision-making and business plan
development.
• Develop enterprise culture as well as business creation skills
• Know how to incorporate the claims of stakeholders in
strategy formation, implementation evaluation and control by
taking in to account different environmental forces.
• To understand business analytical tools and fundamental
concepts in strategic management.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Operation Management
Module Number Mgmt-M3192
Objective of the At the end of this module, students should be able to:
module • Define operations management
• Understand operations strategy and competitiveness
• Understand facility location and layout
• Know capacity planning
• Differentiate aggregate planning and scheduling
• Describe operations management, its scope and activities
• Describe the decision involved in designing and controlling
the operations system.
• Apply selected quantitative tools, techniques and models in
the analysis of decisions for the designing, planning and
controlling of operation systems.
Total ETCTS and ETCTS: 5
Credit Hours of the Credit Hours: 3
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
Mgmt3191 Operation Management 3 5
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Civics and Ethics
Module Number CvEt-M1023
Objective of the Upon successful completion of this module, students will be able to:
module • Understand the subject matter of Civics and Ethics;
• Explain and exercise civil virtues and ethical values and norms;
• Know the civic, social and political dimension of their lives and
the importance of active participative citizens to the life of the
state and all people
• Develop positive attitude towards the values and principles of
democracy
• Know the concept of democracy and good governance;
• Understand the essence of constitution, and constitutionalism;
and know the types and functions of constitution
• Examine the Ethiopia’s experience in constitutional
development;
• Understand the interdependence of Environment and
development;
• Develop positive attitudes towards environment,
environmental protection and work;
• Know the concept of development and developmental Ethics;
• Appreciate diversity and develop the culture of active tolerance
• Critically assess the practices and challenges of democracy and
good governance in a multi-cultural Ethiopia.
Total ETCTS and ETCTS: 5
Credit Hours of Credit Hours: 3
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
CvEt1021 Civics and Ethical Education 3 5
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Psychology
Module Number Psyc-M1063
Objective of the Upon completion of this Module, students would be able to:
module • Understand the essence of Psychology and become conversant of
the concepts and key issues in the field.
• Comprehend why psychology is characterized as scientific
discipline along with other arguments to the contrary.
• Appreciate the complexities of human behavior and be
reasonably skeptical of assertions made in the name of research
or science in general.
• Have a grasp of the current thinking in the areas of sensation,
perception, emotion, motivation, learning, memory, forgetting,
personality and abnormal behaviors.
Total ETCTS and ETCTS: 5
Credit Hours of Credit Hours: 3
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
Psyc1061 Introduction to Psychology 3 5
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Basic English Skill
Module Number EnLa-M1013
Objective of the By the end of the module, students will be able to:
module • Involve in various communicative contexts
• Read and comprehend texts with ease
• Differentiate and use oral and written discourses
• Listen and comprehend to conversations in English
• Write different units of writing both in academic and non-
academic contexts
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Number/Title M3. Basics of Accounting and Reporting
Objective of the Upon the successful completion of this module, students should be
module able to:
• summarize and apply basic financial accounting terms, concepts,
and principles;
• apply accounting terminology, concepts, and principles in
analyzing, recording, and reporting basic business transactions;
• Take a series of transactions through the accounting cycle
• Utilize and identify the implication of the various methods of
valuation in respect to common balance sheet items
• Analyze, record and report transactions for businesses organized
as partnerships, private limited companies, and companies
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at
the end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with
local relevance will also be given for each chapter for group of students
to present in a class room. The full and active participation of students is
highly encouraged.
Hours Required
Total
Assess Tutor Self- Assign Advi ECTS
Hrs
Lectures Lab ments ials Studies ment sing
64 - 22 12 64 - - 162 6
Roles of the Instructor He/she will come to the class regularly on time and deliver
the lecture in a well-organized manner. Besides, at the end
of each class he/she gives reading assignment for the next
class. He/she will make sure that proper assessments is
given. He/she is also responsible to give feedback for each
assessment.
Roles of the students The success of this course depends on the students’
individual and collective contribution to the class
discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read
the assigned readings and prepare the cases before each
class so that they could contribute effectively to class
discussions. Students must attempt assignments by their
own. Proficiency in this course comes from individual
knowledge and understanding. Copying the works of
others is considered as serious offence and leads to
disciplinary actions.
Text Book:
Text and reference • Fees and warren, Accounting Principles, 16th
books edition, South Western publishing Company. / Any
recent edition/
Reference Books
• Smith, Keith & Stephens, Accounting Principles, 3rd
edition and above, McGraw Hill book Company.1989
and beyond.
• Hermanson, Edwards and Salmonson, Accounting
Principles, 4th ed., Richard D. Irwin, Inc. 1989.
• Larson, Kermit D., Fundamental Accounting
Principles, 12th edition and above, Richard Irwin
Inc., 1990 and beyond.
• Meigs Walter B., Accounting, The Basis for Business
Decisions, 6th Ed and above, McGraw-Hill
International Book Company, 1984 and beyond.
• Niswonger and Fees, Accounting Principles, South
Western Publishing Company 10th – 13th Ed.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Number AcFn1032
Course Title Principles of Accounting II
Degree Program BA degree in accounting and finance
Module Basics of Accounting and Reporting
Module Coordinator
Lecturer
ETCTS Credits 6
Contact Hours (per 4
week)
The course has the general objective of introducing students to the accounting
basics of recognizing, measuring, and reporting common balance sheet items.
Course
Upon the successful completion of this course, the students will be expected to:
Objectives &
Competences to • Analyze and record payroll transactions in Ethiopian context.
be Acquired • Utilize and identify the implication of the various methods of valuation in
respect to accounts and notes receivable, inventories, depreciation,
tangible and intangible assets, and natural resources.
• Analyze, record and report transactions for businesses organized as
partnerships, private limited companies, and share companies
64 - 22 12 64 - - 162 6
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives reading
assignment for the next class. He/she will make sure that proper assessments
is given. He/she is also responsible to give feedback for each assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and problems.
Students are also expected to read the assigned readings and prepare the cases
before each class so that they could contribute effectively to class discussions.
Students must attempt assignments by their own. Proficiency in this course
comes from individual knowledge and understanding. Copying the works of
others is considered as serious offence and leads to disciplinary actions.
Text Book:
Text and • Fees and warren, Accounting Principles, 16th edition, South Western
reference books publishing Company. / Any recent edition/
Reference Books
• Smith, Keith & Stephens, Accounting Principles, 3rd edition and above,
McGraw Hill book Company.1989 and beyond.
• Hermanson, Edwards and Salmonson, Accounting Principles, 4th ed.,
Richard D. Irwin, Inc. 1989.
• Larson, Kermit D., Fundamental Accounting Principles, 12th edition
and above, Richard Irwin Inc., 1990 and beyond.
• Meigs Walter B., Accounting, The Basis for Business Decisions, 6th Ed
and above, McGraw-Hill International Book Company, 1984 and
beyond.
• Niswonger and Fees, Accounting Principles, South Western Publishing
Company 10th – 13th Ed.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M4. Computing and Quantitative Methods for Finance
Number/Title
Objective of the Upon the successful completion of this module, students should be able to:
module • Explain the fundamental information technology concepts that underpin
business information systems;
• Be competent in the use of a computer, produce documents, design
spreadsheets and make a presentation;
• To use different mathematical methods to solve business problems
• To use different Statistical Methods to solve business problems
Total ETCTS and ETCTS: 15
Credit Hours of Credit Hours: 10
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn1042 Fundamentals of Information 2 3
Systems
AcFn 1041 Mathematics for Finance 4 6
AcFn 1043 Statistics for Finance 4 6
Course Information
Course Number AcFn1041
Course Title Mathematics for Finance
Degree Program
Module Computational and Quantitative Methods for Finance
Module
Coordinator
Lecturer
ETCTS Credits 6
Contact Hours 4
(per week)
Course Objectives At the end of this course, students should be able to
& Competences to • Differentiate the various techniques of mathematics that can be
be Acquired employed in solving business problems
• Identify the way mathematical techniques are utilized
• Appreciate the importance of mathematics in solving real world
business problems
• Use different mathematical techniques for supporting managerial
Decisions
• Analyze real managerial problems using mathematical tools
Course Mathematics for Finance is one of the preliminary quantitative aids to
Description decision making that offers the decision-maker a method of evaluating every
possible alternative (act or course of action) by using various techniques to
know the potential outcomes. This course is designed to expose finance
students to the basic concepts and area of managerial application of
mathematics for decision making. Topics include: linear equations and their
applications, matrix algebra and its applications, Markov chain analysis,
linear programming, mathematics of finance, elements and application of
calculus.
WEEKS Course Contents Reading
3 WEEKS 1. Linear Equations and Their Interpretative Bowen (page 1- 51)
(1st, 2nd and 3rd) Applications
1.1. Linear Equations, Functions and Graphs
1.2. Applications of Linear Equations
1.2.1. Linear Cost Output Relations,
1.2.2. Cost, Total Revenue, and Total
Profit
1.2.3. Break Even Analysis: Model and
Solutions
3 WEEKS 2. Matrix Algebra And Its Applications Bowen (Page 133-
( 4th, 5th & 6th) 2.1. Matrix Concepts 186)
2.2. Dimensions and Types of Matrix
2.3. Matrix Operations and Techniques
2.4. Inverse of a Matrix
2.5. Matrix Applications
2.6. Solving Systems of Linear Equations
2.7. Markov Chains: Concepts, Models and
Solutions
3. Introduction To Linear Programming Bowen (page 92-130
3.1. Concepts and 192-169)
3.2. Formulation of Linear Programming
Models
3.3. The Maximization Problem
3.4. The Minimization Problem
3.5. Solution Approaches to Linear
Programming Problem
3.5.1. Graphic Approach
3.5.2. Algebraic (Simplex) Approach
4. Mathematics Of Finance Highland (page 427 -
4.1. Overview of exponential and logarithmic 452 and 383-423)
functions Bowen (page 348-
4.2. Simple Interest and Discount 375)
4.2.1. Computing Simple Interest
4.2.2. Promissory Notes and Bank
Discount
4.3. Compound Interest
4.3.1. Compound Amount (Maturity Value)
4.3.2. Present Value (Principal) of
Compound Amount
4.3.3. Nominal and Effective Interest Rate
4.4. Ordinary Annuities
4.4.1. Sum of Ordinary Annuity
4.4.2. Sinking Fund Payments
4.4.3. Present Value of Ordinary Annuity
4.4.4. Amortization
4.5. Mortgage Payments
5. Elements and Applications of Calculus Bowen (page 506-559
5.1. Differential Calculus and 685-740)
5.1.1. Concept
5.1.2. Rules of Differentiation
5.1.3. First and Second Derivative for
Extreme
5.1.4. Business Application of Differential
Calculus
5.1.5. Marginal Analysis
5.1.6. Optimization Problems
5.2. Integral Calculus
5.2.1. Concept
5.2.2. Indefinite and Definite Integration
5.2.3. Rules of Integration
5.2.4. Business Applications of Integral
calculus
5.2.5. Finding Total functions
5.2.6. Area problems
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to present
in a class room. The full and active participation of students is highly
encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Test 1 Test 2 Test 3 Quiz1 Assignment 1 Final Total
10% 10% 10% 10% 10% 50% 100%
Ch. 1 Ch. 2 Ch. 3-4 Ch. 5 - All Chap
Work load in hours
Hours Required
Total
Self- Hrs
Lectures Lab Assessments Tutorials Studies Assignment Advising
64 - 22 12 64 - - 162
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books • Bowen Earl. Mathematics with applications in Business and Economics,
10th. 1987
Reference Books
• Salezman S. A. etal. Mathematics for Business. 8th Ed. 2007, Pearson
Publishing limited.
• Nelda W. Roueche and Virginia H. Graves. Business Mathematics, 6th
ed, 1993, Prentice Hall Limited
• Ronald E. Larson and Bruce H. Edwards. Finite Mathematics with
Calculus, 1991
• Ann j. Hughes. Applied Mathematics: For Business, Economics, and the
social Science, 1983.
• Barnett Raymond A. and Ziegler Michael R. Essentials of College
Mathematics for business and Economics, life science and social
science. 3rd Ed. 1989
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn1042
Course Title Fundamentals of Information system
Degree Program
Module Computing and quantitative method for Business
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course Objectives To bring the students to a practical level of competency in business related
& Competences to IT tools, including word processing, spreadsheets and presentation software.
be Acquired After successfully completing this course, the students should be able to:
• Explain the fundamental Information Technology (IT) concepts that
underpin Business Information Systems.
• Explain the characteristics of different IT hardware configurations, in
terms of processor, storage and input/output technologies.
• Describe different types of software as used by business.
• Be competent in the use of a computer, produce documents, design
spreadsheets and make a presentation.
Course To introduce students to the fundamental aspects of IT in business, including
Description hardware, software, data storage technologies and the theoretical basis for
understanding how systems work and interact.
WEEKS Course Contents Reading
3 WEEKS 1. Fundamentals of Information Systems Bocij, Chaffey,
(1ST ,2ND&3RD ) 1.1. Data and information Greasley&
1.2. Attributes of Information, Hickey,
1.3. Business Information,
1.4. Information and decision making
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books Bocij, Chaffey, Greasley& Hickey. Business Information Systems,
Technology, Development & Management for the e-Business. 2003.
Prentice Hall
Reference Books
• Business Information Systems, Dryden Press
• Microsoft, Step by Step Word, Microsoft Press
• Microsoft, Step by Step Excel, Microsoft Press,
• Microsoft, Step by Step Powerpoint, Microsoft Press
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn1043
Course Title Statistics for Finance
Degree Program BA Degree in Accounting and Finance
Module Computing and Quantitative Method for Business
Module
Coordinator
Lecturer
ETCTS Credits 6
Contact Hours 4
(per week)
Course Objectives The objective of this course is thus to discuss the theoretical aspects of
& Competences to statistics and then focus on its practical applications in business decision
be Acquired making, which modern managers and decision makers are expected to be
armed with on the face of considerable uncertainty. Besides, it is also to
create know-how to students on various application areas and benefit of
statistical in business.
This course aims:
• To familiarize students about the use & application of various
statistical tools in the field of financial decision making
• To enable students make valid inference from data
• To enable students to construct and test different types of hypothesis
• To enable students to find correlation between variables
• How to apply the statistical tests in the preparation of Research report.
• To enable students appreciate the application of statistics in every
areas of activities in business and industry such as production,
financial analysis, distribution, market research, manpower planning.
Course The use of statistical knowledge in the field of business aid dated many years
Description back. In recent years, an understanding of statistical methods, techniques,
and the skills to make use of them had widely been recognized more than
before. It is essential for anyone making business decisions on the basis of
data to possess a clear understanding of statistics.
Among other, the vast and fast changing technological, financial and
economic setting has necessitated an organized use and extensive
application of statistical tools to business decision making. Statistics has
proved useful in many ways. Such as in establishing relationship, making
predications, and providing solution to the many problems of business
operations and managerial decision Statistics is widely applied in production
and quality control, marketing research, manpower planning, finance, etc.
WEEKS Course Contents Reading
2 WEEKS 1. Statistics Refresher Gupta, .P. Statistical
{1ST&2ND } 1.1. Introduction Methods Chapter 1
1.1.1. Definition and 5
1.1.2. Areas (types) of statistics:
Descriptive, Inferential
1.1.3. Importance (uses) of statistics
1.2. Descriptive Statistics (Independent
Review)
1.2.1. Statistical data (meaning, types,
sources, processing and methods
of obtaining data)
1.2.2. Organization of descriptive data
(tabular presentation; frequency
distribution, graphical
presentation; histogram, bar
graphs, pie charts, the frequency
polygon, the give.)
1.2.3. Summarizing data
1.2.4. Measures of location or central
tendency: the arithmetic mean,
the median, the mode.
1.2.5. Measures of dispersion or
variation: the range, percentiles,
the variance and standard
deviation, the coefficient of
variation, skew ness.
2 WEEKS 2. Probability And Probability Distribution Bowen Earl, Basic
{3RD&4TH } 2.1. Basic definitions of probability Statistics for Business
2.2. Fundamental concepts: experiment and and Economics.Ch. 5
event, event and their relationships,
conditional and joint probability
2.3. Definitions of probability distribution
2.4. Basic concepts: Discrete and continuous
random variables, expected value and
variance of discrete random variable
2.5. Continuous Probability distribution:
Normal distribution
2 WEEKS 3. Sampling & Sampling Distributions Bowen Earl, Basic
{5TH&6TH } 3.1. Sampling Theory Statistics for Business
3.1.1. Basic Definitions and Economics. Ch.9
3.1.2. The need for samples
3.1.3. Designing and conducting a
sampling study
3.1.4. Bias and errors in sampling, non-
sampling errors
3.1.5. Types of samples- random and
non-random samples
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books • Anderson. Statistics for Business and Economics
Reference Books
• Lino Douglas A. and Robert D. mason. Basic statistics for Business and
Economics.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M8. Financial Accounting and Reporting
Number/Title
Objective of the Upon the successful completion of this module, students should be able to:
module • understand financial accounting concepts and IFRS as they apply for
external financial reporting purpose
• understand the nature of financial statements and the inherent
limitations in their preparation and use
• explain the application of international financial reporting standards
in the recognition, measurement, and reporting of assets, liabilities,
shareholders’ equity, and lease operation
• Prepare statement of cash flows based on complex business
transactions
• Analyze and correct the effects of accounting changes and errors
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books
Reference Books
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn 2082
Course Title Financial Accounting II
Degree Program BA Degree in Accounting and Finance
Module Financial accounting and reporting
Module
Coordinator
Lecturer
ETCTS Credits 6
Contact Hours 4
(per week)
Course Objectives The course is designed in such a way that it gives targeted students
& Competences to in – depth understanding of theoretical & Practical framework and
be Acquired principles of financial accounting. The exercises and problems that
the students are supposed to workout at the end of each chapter are
expected to make the students internalize different business cases
which may be similar to cases of real business entities in Ethiopia.
After completion of the course: Students are expected to:
• Acquire advanced knowledge on how to measure and report
complex economic events of business enterprise.
• Treat cases in financial accounting that would be covered in
this course properly, especially in Ethiopian context.
Course This course is the continuation of Financial Accounting – I. It is one of the
Description core accounting courses offered by the department. Like the first part, it is
basically deals with theory of financial accounting for business organization.
It also tries to introduce students with the financial accounting applications
in the Ethiopian business environment. Topics included are: inventories,
long term investment, debts and current liabilities.
WEEKS Course Contents Reading
1. Property, Plant, and Equipment
1.1. Characteristics of Property, plant, and
equipment
1.2. Acquisition cost of PPE
1.3. Valuation of PPE
1.4. Treatment of costs incurred subsequent to
acquisition
1.5. Depreciation and Depletion
1.6. Disposition of PPE
1.7. Types of intangible assets
1.8. Impairment of intangible assets
1.9. R&D costs
2. Current Liabilities, Provisions, and
Contingencies
2.1. Nature and Types of current liabilities
2.2. Recognition and measurement of current
liabilities
2.3. Contingencies
2.4. Presentation of current liabilities
3. Non-Current Liabilities
3.1. Nature of long-term debt
3.2. Types of bonds
3.3. Accounting for term bonds
3.4. Accounting for serial bonds
3.5. Extinguishment of Long-Term Debt
4. Accounting for Investments in equity and debt
securities
4.1. Accounting for short-term investments in
equity and debt securities
4.2. Nature of Long-Term Investments
4.3. Long-Term Investments in Common stock
4.4. Long-Term investments in Bonds
4.5. Special problems in Accounting for Long-Term
Investments in Securities
4.6. Other Long -Term investments
5. Shareholders’ Equity
5.1. Overview of Ethiopian company law
5.2. Types of shares (stocks)
5.3. Paid -in capital
5.4. Retained earnings
5.5. Dividends
5.6. Stock options and stock splits
6. Accounting for Leases
6.1. Types of leases
6.2. Overview of Ethiopian lease business law
6.3. Basic lease accounting issues
6.4. Accounting for operating leases: Lessee and
Lessor
6.5. Accounting for capital leases: Lessee and Lessor
6.6. Special Issues in accounting for capital leases
7. Accounting Changes and Error Analysis
7.1. Types of accounting changes
7.2. Approaches to recording and reporting
accounting changes
7.3. Error correction and analysis
8. Revisiting Statement of Cash Flows
8.1. Classifications of cash flows
8.2. Comprehensive illustration of statement of cash
flows
8.3. Significant non-cash financing and investing
activities
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books
Reference Books
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M9. Cost and Management Accounting
Number/Title
Objective of the Upon the successful completion of this module, students should be able to:
module • Describe the nature and classification of costs
• Apply appropriate costing system to determine the cost of various cost
objects
• Properly account for spoilage, reworked units, scrap, by-products and
joint product
• Explain different costing systems
• Analyze costs for decision making purpose
• Prepare annual operation budgets
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books • Horngren, Foster, &Datar. Cost Accounting: A Managerial Emphasis.
9th Ed. 1997
• Horngren, Sunden& Stratton. Introduction to Management
Accounting. 11th Ed. 1999
Reference Books
• C.T Homgren, Introduction to Management Accounting 4th to 8 th
editions, 1999 USA
• C.T. Homgren, Cost Accounting: A Managerial Emphasis 5th to 8th
ecitionsprentice Hall Inc. 1982 to 1994
• Homgren, foster, &Datar, Cost Accounting A Managerial Emphasis. 10
thEcition
• L.E. Heitger Managerial Accounting 1th and 2 nd editions, McGraw
Hill , 1998, India
• GetuJemaneh, Management Accounting 1996.
• Ray H.Garrison, Managerial Accounting. 6th edition
• Caluinengler, Managerial Accounting 2nd edition
• L. Gayle Rayburn Principles of cost Accounting using a cost
Mangement Approach 4th edition Richard DIR WIN Inc. 1989.
• Robert X. Kaplan Advanced Management Accounting 1st and 2nd
edition prentice Haill, Inc, 1982 and 1989 (Chapters 2, 11,12, and 13
only)
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn2092
Course Title Cost and Management Accounting –I
Degree Program BA Degree in Accounting and Finance
Module Cost and managerial accounting
Module
Coordinator
Instructor’s
Information
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Explain the importance of cost- volume- profit analysis;
be Acquired • Describe the benefit of budgeting and its application;
• Prepare a master budget;
• Prepare a flexible budget;
• Compute and interpret variances;
• Apply relevant costing to different decisions;
• Explain the methods of pricing;
• Explain the costs and benefits of decentralization.
Course Description The course builds on the knowledge acquired from the course entitled cost
and Management Accounting and introduces some new concepts and uses
of accounting tools and techniques in the analysis, planning and control of
business operations and management decision making processes. Topics
covered include: intensive review of the management decision making
processes and nature of management information, examination of concepts
and rationale underlying managerial accounting managerial methods, the
budgeting process and standard costing, the investment decision and
quantitative methods of evaluation.
WEEKS Course Contents Reading
2WEEK 1. Cost-Volume-Profit Relationships
{1ST&2ND 1.1. Variable and fixed cost behavior and patterns
1.2. Break-even analysis uses and techniques
1.3. Planning with cost-volume-profit Data
1.4. Limitation of CVP analysis
2 WEEKS 2. The Master Budget
{3RD&4TH } 2.1. The overall plan and its characteristics
2.2. Advantages of budgeting
2.3. Types of budgets
2.4. Developing the master budget
2.5. Difficulties of sales forecasting
3WEEKS 3. Flexible Budgets and Standards
{5TH,6TH&7TH } 3.1. Static vs. Flexible budgets
3.2. Standards for material and labor
3.3. Controllability and variance analysis
3.3.1. Direct material
3.3.2. Direct labor
3.4. Overheads
3WEEKS 4. Measuring Mix and Yield Variances
{8TH,9TH&10TH } 4.1. Sales variances
4.1.1. Sales volume variance
4.1.2. Sales Mix Variance
4.1.3. Market-size and market-share variance.
4.2. Input variances
4.2.1. Direct materials Mix and Yield Variances
4.2.2. Direct Labor Mix and Yield variances
4.3. Productivity Measurement
3 WEEKS 5. Decision-Making and Relevant Information
{11TH,12TH&13TH } 5.1. The role of Accounting in special decisions
5.2. The meaning of relevance
5.3. Irrelevance of past costs and future costs that
will not differ
5.4. Special decision areas
5.4.1. Make or Buy decision
5.4.2. Special Order decisions
5.4.3. Add or Drop decisions
5.4.4. Product Mix decisions
5.4.5. Scarce Resource decisions
Roles of the He/she will come to the class regularly on time and deliver the lecture in
Instructor a well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set exercises
and problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books • Horngren, Foster, &Datar. Cost Accounting: A Managerial
Emphasis. 9th Ed. 1997
• Horngren, Sunden& Stratton. Introduction to Management
Accounting. 11th Ed. 1999
Reference Books
• C.T Homgren, Introduction to Management Accounting 4th to 8 th
editions, 1999 USA
• C.T. Homgren, Cost Accounting: A Managerial Emphasis 5th to 8th
ecitionsprentice Hall Inc. 1982 to 1994
• Homgren, foster, &Datar, Cost Accounting A Managerial Emphasis.
10 thEcition
• L.E. Heitger Managerial Accounting 1th and 2 nd editions, McGraw
Hill , 1998, India
• GetuJemaneh, Management Accounting 1996.
• Ray H.Garrison, Managerial Accounting. 6th edition
• Caluinengler, Managerial Accounting 2nd edition
• L. Gayle Rayburn Principles of cost Accounting using a cost
Mangement Approach 4th edition Richard DIR WIN Inc. 1989.
• Robert X. Kaplan Advanced Management Accounting 1st and 2nd
edition prentice Haill, Inc, 1982 and 1989 (Chapters 2, 11,12, and
13 only)
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M10. Corporate Finance
Number/Title
Objective of the Upon the successful completion of this module, students should be able
module to:
• Explain the nature of financial management
• Analyze the performance of an organization using its financial
statements
• Manage the finance of business organizations
• Determine the values of financial assets
• Apply different techniques in evaluating the profitability of capital
projects
• Discuss the relationship between risk and return;
• Explain the current theoretical issues regarding capital structure
and the value of the firm;
• Discuss the pros and cons of various sources of long term financing;
Total ETCTS and ETCTS: 10
Credit Hours of the Credit Hours:
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 2101 Financial Management I 3 5
AcFn 2102 Financial Management II 3 5
Course Information
Course Number AcFn 2101
Course Title Financial Management I
Degree Program BA Degree in Accounting and Finance
Module
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives The aim of the course is to expose students to the basic concepts and
& Competences to techniques of Financial Management. This course enhances students
be Acquired understanding of corporate finance and to improve their ability to make decisions
in the firm that create shareholder value. The course emphasizes on financial
decision making within the firm.
Course Description This course deals with fundamental financial concepts and principles.
Emphasis is placed on practical problem solving skills based on these
concepts and principles. Topics include the role of the financial manager;
financial analysis; risk and return, the cost of capital; capital budgeting; and
leverages
WEEKS Course Contents Reading
1,2 1. Introduction
1.1 An overview of financial management
1.2 Basic Assumptions and Principles of
financial management
1.3 Scope of financial management
1.4 Function of financial management
1.5 Goal of financial management
1.6 Agency problem
1.7 Close related field of financial
Management
1.8 Financial market and corporations
3,4,5,6 2. Financial Analyses and Planning
2.1. Financial Statement Analysis
2.1.1. Vertical and horizontal Analysis
2.1.2. Ratio Analysis
2.1.2.1.
iquidity ratios
2.1.2.2.
sset Management ratios
2.1.2.3.
rofitability ratios
2.1.2.4.
ebt management ratios
2.1.2.5.
arket value ratios
2.2. Financial Forecasting
7,8,9 3. The Cost of Capital
3.1. The concept of cost of capital and
opportunity cost
3.2. Determining Component of Cost of Capital
3.2.1. Cost of Debt
3.2.2. Cost of Preference Capital
3.2.3. Cost of Equity
3.3. The weighted Average
3.4. The Marginal Cost of capital (MCC)
10,11,12 4. Capital Budgeting/Investment Decision
4.1. Definition, Importance of capital budgeting
4.2. Project classifications
4.3. Capital budgeting processes
4.4. Capital Budgeting Evaluation Techniques
4.5. Capital budgeting under uncertainty
13,14,15 5. Financing Decision
5.1. The concept of capital structure
5.2. Leverage
5.2.1. Overview of breakeven point
5.2.2. Operating leverage
5.2.3. Financial leverage
5.2.4. Total leverage
5.3. Method of financing
5.3.1. Debt financing
5.3.2. Equity financing
5.3.3. Lease financing
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at the
end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room.The full and active participation of students is highly
encouraged.
Assessment/Evalu The evaluation scheme will be as follows:
ation Test Test Test Quiz1 Assignment Final Total
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Hours Required
Total
Self- Hrs
Lectures Lab Assessments Tutorials Studies Assignment Advising
48 - 10 12 55 - - 135
Roles of the He/she will come to the class regularly on time and deliver the lecture in
Instructor a well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set exercises
and problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books • Ross, Westerfield&Jordan. Fundamentals of corporate finance. 9th.
Reference Books
• Brigham Ehrhadt. Financial management theory and practice. 13th Ed
• Khanna & Jain. Financial management.
• Financial management. Pandey
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn 2102
Course Title Financial Management II
Degree Program BA Degree in Accounting and Finance
Module
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives The basic objective of this course is to familiarize students with the basics
& Competences to of investment, financing and dividend decisions that are the central
be Acquired thematic areas of finance profession.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module M11. Financial Institutions
Number/Title
Objective of the Upon the successful completion of this module, students should be able to:
module • Identify, measure, and price the various risks faced by the companies
• Perform commercial banking procedures
• Explain the role and functions of financial institutions, and the related
regulation and supervision
• Explain the role of financial markets for the well function of the
economy
Total ETCTS and ETCTS: 11
Credit Hours of Credit Hours: 7
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn2111 Risk Management and Insurance 3 5
AcFn2112 Financial Markets and Institutions 2 3
AcFn 2113 Banking Principles and Practices 2 3
Course Information
Course Number AcFn2113
Course Title Bank practice and procedures
Degree Program BA Degree in Accounting and Finance
Module M11. Financial Institutions
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course Objectives At the end of this course students will be able to;
& Competences to • Understand those different services provided by banks for their
be Acquired customers
• Understand what basic will be performed by Central Bank
• Know the responsibility of the bank personal which serves a bank in
different position
• Understand how to manage the asset &liability of the bank
• Enhance the knowledge about the function of the bank to the society
• Differentiate the balance sheet of the bank form other firms
• Identify items should be included in a loan policy
• Know the sequence of information flow within the bank
• Identify the basic operational differences among Development,
Investment and Commercial Banks
• What basic service be provided by Development and Investment
Banks
Course This course is designed to quaint students with the basic principle procedure
Description and practice of banks. Throughout this course emphasis will be given to r
elation ship between Banker and customer negotiable (credit) instruments
Banking industry and formulation of bank loan policy specially opening and
crossing of accounts and rule of negotiable instrument s are given detail
discussion so as to equipment students with the necessary regulation of
bank for such instrument and accounts.
WEEKS Course Contents Reading
1. An over view of banks and their function
1.1. Introduction
1.2. Meaning of Banking
1.3. Types of Banking
1.4. Banking issues in 21stcentury
2. Central Banking
2.1. Introduction
2.2. Functions of Central Bank
3. Commercial Banking
3.1. Introduction
3.2. Function of Commercial
3.3. Credit Creation
3.4. Balance Sheet of Banks
4. Bank Customer Relationship
4.1. Introduction
4.2. General vs. Special Relationship
5. Bank Services
5.1. Opening an Account
5.2. The Paying Banker
5.3. Collecting Banker
5.4. Loan and Advances
5.5. Letter of Credit
6. Development and Investment Banking
6.1. Development Banking and Its functions
6.2. Investment Banking Meaning and
Functions
6.3. Cooperative Banking and Its Functions
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to present
in a class room.The full and active participation of students is highly
encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Test Test Test Quiz1 Assignment Final Total
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books
Reference Books
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn2112
Course Title Financial Institutions and Market
Degree Program BA Degree in Accounting and Finance
Module Financial Institutions
Module N0 and M11; AcFn-M2111
Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours (per 2
week)
Course Objectives This course provides students the essential knowledge required to
& Competences to understand the nature and role of the financial system in the economy and
be Acquired the characteristics and operations of the major financial institutions.
Course Description Financial markets and institutions channel trillions of dollars through the
economy, affecting business and consumer decisions and the economic
wellbeing of foreign countries. The purpose of this course is to guide
students in developing critical thinking skills as applied to financial markets
and institutions. Topics include the financial system in perspective;
financial assets, money and financial transactions; financial institutions in
the financial system; interest rates in the financial system, interest rates in
the financial system, financial markets in the financial system,the regulation
of financial markets and institutions, and overview of Ethiopian financial
system.
WEEKS Course Contents Reading
1. An Overview of the Financial System.
1.1. The role of financial system in the
economy
1.2. Financial assets: role and properties
1.3. Financial markets: role, classifications
and participants
1.4. Lending and borrowing in the financial
system
2. Financial Institutions in the Financial
System
2.1. Financial institutions and capital
transfer
2.2. Functions of Financial Institutions
2.3. Financial intermediaries and their roles
2.4. Classifications of Financial Institutions
2.5. Depository financial institutions.
2.6. Non-depository institutions.
2.7. Risks in Financial Industry
3. Interest rates in the Financial System
3.1. The theory and structure of interest rates
3.2. Factors affecting structure of interest
rate determinations
4. Financial Markets In The Financial System
4.1. Organization and Structure of Markets
4.2. Primary and secondary market
4.3. Money Market
4.4. Capital Market
4.4.1. Debt Market
4.4.2. Equity Market
4.5. Foreign Exchange Markets
4.6. The Derivative Market
5. The Regulation of Financial Markets and
Institutions
5.1. Purpose of regulation
5.2. Nature of Financial System Regulation
5.3. The forms of regulation
5.4. Arguments regarding regulation
6. Overview Of Ethiopian Financial System
6.1. Financial Markets & Institutions In
Ethiopia
6.2. Financial sector in Ethiopia
6.3. Regulation of financial sector in Ethiopia
6.4. Ethiopian commodity exchange market
and its operation
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at the
end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room.The full and active participation of students is highly
encouraged.
Assessment/Evalu The evaluation scheme will be as follows:
ation
Test 1 Test 2 Test 3 Quiz1 Assignment Final Total
1
10% 10% 15% 5% 10% 50% 100%
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Advanced Financial Accounting
Module Number M15
Module code AcFn-M3151
Objective of the After successfully completing this module, students will be able to:
module • Deal with accounting for joint ventures in general and accounting
for Public Enterprises(focusing on public enterprises in Ethiopia)
• Record, analyze and report financial information of enterprises
with sales agencies and branches
• Account for business combinations and the preparation of
consolidated financial statements
• Differentiate installment and consignment sales from ordinary
sales and explain how revenues are recognized from such sales
• Account for foreign currency transactions and translations and
reporting the operating results of foreign subsidiaries
• Account for segment reporting and interim reporting
Total ETCTS and ETCTS: 6
Credit Hours of the Credit Hours: 4
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn3151 Advanced Financial Accounting 4 6
Course Information
Course Number AcFn3151
Course Title Advanced Financial Accounting
Degree Program BA Degree in Accounting and Finance
Module Advanced Financial Accounting
Module No and M15; AcFn-M3151
Code
Module
Coordinator
Lecturer
information
ETCTS Credits 6
Contact Hours 4
(per week)
Course Objectives After successfully completing this module, students will be able to:
& Competences to • Deal with accounting for joint ventures in general and accounting for
be Acquired Public Enterprises(focusing on public enterprises in Ethiopia)
• Record, analyze and report financial information of enterprises with
sales agencies and branches
• Account for business combinations and the preparation of
consolidated financial statements
• Differentiate installment and consignment sales from ordinary sales
and explain how revenues are recognized from such sales
• Account for foreign currency transactions and translations and
reporting the operating results of foreign subsidiaries
• Account for segment reporting and interim reporting
Course Advanced Accounting gives due attention to the modern advanced financial
Description accounting issues such as accounting methods and principles for joint
venture businesses, accounting principles and methods for agencies and
branches, accounting principles and methods for installment contract sales,
accounting and reporting issues related business combination and foreign
transactions. Moreover, in this course, some accounting issues for public
enterprises in Ethiopia and accounting for privatization of public enterprises
(Emphasizing Ethiopian context) are discussed.
WEEKS Course Contents Reading
1, 2 1. Over view of accounting for joint ventures and
Public enterprises
1.1. Accounting for joint ventures
1.1.1. Nature of Joint Venture Businesses
1.1.2. Back ground of JVs
1.1.3. Accounting for investment in JV
Businesses
1.2. Accounting for public enterprises in
Ethiopia
1.2.1. Overview of Proc. No. 25/1992 and
other related provisions Agency
problem
1.2.2. Accounting for the Formation
1.2.3. Accounting for the operation,
Dissolution and liquidation
1.2.4. Privatization of Public Enterprises
1.2.5. Illustrations
3, 4, 5 2. Accounting for Sales Agencies and principal;
Branches and Head office
2.1. Characteristics and principles
2.2. Distinguishing between Agencies, Branches
and Divisions
2.3. Accounting for Operation of Branches
2.4. Reciprocal accounts and their
reconciliations
2.5. Billing of merchandises to branches
2.6. Transaction between branches
2.7. Combined Financial statements
6 3. Installment and Consignment contracts
3.1. Installment Sales
3.2. Consignment sales
7, 9 4. Business Combinations (Mergers and
Acquisitions)
4.1. Introduction
4.1.1. Definitions
4.1.2. Motives
4.1.3. Types of business combinations
4.2. Methods of Arranging business
combinations
4.3. Accounting Methods and procedures for
Business Combinations
5. Consolidations
5.1. Introduction
5.2. Consolidated Financial Statement :Wholly
owned subsidiary
5.3. Consolidated Financial Statement : Partially
Owned subsidiary
5.4. Consolidated Financial Statement :
Subsequent to data of acquisition:
5.4.1. Wholly Owned Subsidiary
5.4.2. Partially Owned Subsidiary
6. Foreign Currency Accounting
6.1. Introduction
6.1.1. Definition of terms
6.1.2. Types of currency-related exposures
6.2. Accounting for Foreign Currency
Transaction
6.2.1. Foreign Currency Transaction
meaning
6.2.2. Accounting principles and methods
for foreign currency transactions
6.3. Foreign Currency Translations
6.3.1. Rationale for Foreign Currency
Translation
6.3.2. Methods and Procedures of Foreign
Currency Translation
7. Segment Reporting and Interim Reporting
7.1. Meaning & Computation of Segment
Revenue & Operating Profit /Loss
7.2. Information to be disclosed by operating
segment
7.3. Interim Reporting Provisions of APB
Opinion No. 28
7.4. Disclosure in Interim Financial Data
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Project and Investment Analysis
Module Number M20
Module code AcFn-M3201
Objective of the Upon the successful completion of this module, students should be able
module to:
• Identify viable business projects, develop feasibility study, and
advise investors on the feasibility of the projects
• Identify, analyses and interpret the possible investment
opportunities
Total ETCTS and ETCTS: 8
Credit Hours of the Credit Hours: 5
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 3131 Project Analysis & Evaluation 3 5
AcFn 3132 Investment and Portfolio 2 3
Management
Course Information
Course Number AcFn3202
Course Title Project Analysis & Evaluation
Degree Program BA Degree in Accounting and Finance
Module Project and Investment Analysis
Module No and M20; AcFn-M3202
Code
Module
Coordinator
Lecturer
Information
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives This course aims to help students create an understanding of the processes,
& Competences to techniques, and procedures of project identification, formulation,
be Acquired appraising, planning, organizing, and implementing. It also highlights the
monitoring, evaluation and impact analysis concepts.
Course Description The course deals with the different stages of project management. Topics
covered include: national plans and programs, the project cycle, market and
demand analysis, raw materials and supplies study, location, site and
environmental assessment, production plan and plant capacity, technology
and engineering study, financial analysis, economic analysis, appraisal
criteria, and project management.
WEEKS Course Contents Reading
1. Introduction to Project
1.1. Definition of a Project
1.2. Classification of a Project
1.3. Characteristics/features of a Project
1.4. National Development Planning and Project
Analysis
1.5. Role of Project Manager
1.6. Project Management Environment
1.7. Project Organization Structure
1.8. Management-By Project
2. Project Cycle
2.1. UNIDO’s Project Cycle (UNIDO Model)
2.2. BAUM’s Project Cycle (BAUM’s Model, 1978)
2.3. S Choudhury’s Project Life Cycle (1988)
2.4. Project Clearance Report (PCR)
2.5. Management Approach to Project Cycle
3. Project Identification
3.1. Project Identification
3.2. Source of Project Ideas
3.3. Who Identifies Projects
3.4. Project Concepts and Profiles
3.5. Prioritization and Ranking
3.6. Identification of Commercial Project Ideas
4. Technical Analysis of Project
4.1. The role of feasibility Studies
4.2. Market demand analysis
4.3. Production Program and Plant capacity
4.4. Raw Materials and supplies study
4.5. Location and site selection and
Environmental impact assessment
4.6. Technology and Engineering studies
4.7. Human Resource and organization study
5. Financial Analysis of Projects
5.1. Financial analysis basic
5.2. Measuring Project cash flows
5.3. Non-discounted cash flow approaches
5.4. Discounted cash flow approaches
5.5. Criteria for Investment Decision
5.6. Project financing alternatives
6. Economic Analysis of Projects
6.1. Rational for Economic Analysis
6.2. Valuation and Shadow Prices
6.3. Basic Principle of Shadow Price
6.4. Use of Conversion Factor
6.5. Source of Shadow Prices
6.6. World Price System of Economic
Analysis(Little-Mirrlees Method)
6.7. Domestic Price System of Economic
Analysis (UNIDO Method)
7. Project Planning, Organizing, and
Implementation
7.1. Project Planning and Organizing
7.2. Managing the Implementation Process
7.3. Problems in Project Implementation
7.4. Success in Project Implementation
7.5. Project Monitoring
7.6. Project Evaluation
7.7. Project Impact Analysis
7.8. Reporting evaluation results
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at the
end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Evalu
ation The evaluation scheme will be as follows:
Reference Books
• Prasana Chandra. Projects: planning, analysis, selection,
implementation, and review. 4th
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn3201
Course Title Investment and Portfolio Management
Degree Program BA Degree in Accounting and Finance
Module Project and Investment Analysis
Module no and M20 ; AcFn-M3201
code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course Objectives The course will enable students to understand different investment avenues
& Competences to and aware of the risk return of different investment alternatives and
be Acquired estimate the value of securities so as to make valuable investment decisions.
Course This course provides an overview of the field of investment .it explains basic
Description concepts and methods useful in investment. The course also tries to imitate
the valuation of bond and stocks. It also covers fundamental and technical
analysis as well as portfolio construction and portfolio managements.
WEEKS Course Contents Reading
1. Introduction to investment
1.1. What is investment
1.2. Investment alternatives
1.3. Investment companies
1.4. Security market
2. Risk and return
2.1. Return
2.2. Risk
2.3. Measuring historical risk
2.4. Measuring historical return
2.5. Measuring expected risk and return
3. Fixed income securities
a. Bond characteristic
b. Bond price
c. Bond yield
d. Risks in bond
e. Rating of bonds
f. Analysis of convertible bonds
4. Stock and equity valuation
4.1. Stock characteristic
4.2. Balance sheet valuation
4.3. Dividend discount model
4.4. Free cash flow model
4.5. Earning multiplier approach
5. Security analysis
5.1. Macro-economic analysis
5.2. Industry analysis
5.3. Company analysis
5.4. Technical analysis
6. Portfolio theory
6.1. Diversification and portfolio risk
6.2. Portfolio risk and return
6.3. Capital allocation between risky and risk free
assets
6.4. Optimum risky portfolio
7. Portfolio Management
7.1. Portfolio performance evaluation
7.2. The process of portfolio management
7.3. Risk management and hedging
7.4. Active portfolio management
7.5. International portfolio management
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books • Chandra, P.Investments Analysis Portfolio management. 3rd
Reference Books
• Bodie, Kane & Marcus. Investments. 4th
• Elton, E.J.& Guruber,M.J.. Modern Portfolio Theory and Investment
Analysis. 5th
• Avadhani,V.A Security Analysis and Portfolio Management. 9th
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Non-Profit Sector Accounting
Module Number AcFn-M2121
Objective of the Upon the successful completion of this module, students should be able to:
module • Explain the characteristics government and not-for-profit organizations;
• Discuss accounting concepts, principles, and procedure applicable for
government and not-for-profit organizations;
• Distinguish the legal and economic substance of transactions as opposed
to the nature of transactions in business organizations;
• Explain the features of Ethiopian government accounting system;
• Record various transactions in government budgetary institutions and
prepare reports;
• Describe the nature, roles and significance of Ethiopian government
budgeting
Total ETCTS and ETCTS: 8
Credit Hours of Credit Hours: 5
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 2121 Government and Non-profit 3 5
Accounting
AcFn 3122 Ethiopian Government Accounting 2 3
and Financial Management
Course Information
Course Number AcFn2121
Course Title Government and Non-profit Accounting
Degree Program BA Degree in Accounting and Finance
Module Non-Profit Sector Accounting
Module No and M-12; AcFn-M2121
Module Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Identify characteristics and types of government and Not-For-profit
be Acquired organizations (NFP);
• Understand the budgeting framework of governmental units and other
non-profit organizations and help senior budget officials of the same in
developing budgets
• Distinguish the legal and economic substance of transactions as opposed
to the nature of transactions in business organizations;
• Record the transactions and present fairly the financial statements of
governmental units and other non-profit organizations in conformity
with legal requirements and accepted accounting principles
Course The course is intended to introduce the accounting and reporting concepts,
Description standards and procedures applied to governmental units and not –for –profit
(NFP) organizations. The course reflects the distinction between legal form
of transactions as opposed to the accounting system for business enterprises,
and the substance of transactions.
WEEKS Course Contents Reading
1. Financial reporting governmental and NFP
entities
1.1. Distinguishing characteristics of
Governmental and Not- for- Profit entities
1.2. Sources of financial reporting for
Governmental and NFP entities
1.3. Objectives of financial reporting in NFP
entities
1.4. Financial reporting of governmental
entities
2. Principles of accounting and financial
reporting of governmental entities
2.1. Activities of government
2.2. Summary statement of principles
2.3. Summary Accounting characteristics of
fund types
2.4. Budgeting and uses of budget
2.5. Classification of budget
2.6. Approaches to budgeting
3. Accounting for general and special revenue
funds
3.1. Accounting structure of general fund
3.2. Recording a budget
3.3. Recording tax anticipation notes payable
3.4. Recording Encumbrance entry
3.5. Recording payment of liability
3.6. Recording payroll
3.7. Recording property tax levy
3.8. Revenue recognition on cash bares
3.9. Collection of delinquent taxes
3.10. Correction of errors
3.11. Interim financial report
3.12. Recording Revision of budget
3.13. Recording internal exchange
4. Accounting capital project fund
4.1. Accounting for general capital assets
4.2. Classification of general capital assets
4.3. Methods to acquire general capital assets
4.4. Illustration on capital project fund
5. Accounting for Debt service fund
5.1 General Long term liabilities
5.2 Debt service fund
5.3 Types of governmental Bonds
5.4 Illustration ondebt service
6. Accounting for general long term assets and
general long term liabilities
6.1. Nature of general long term assets and
Liabilities
6.2. Accounting for general long term assets
6.3. Accounting for general long-term
liabilities
Assessment/Eval
uation The evaluation scheme will be as follows:
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference Text Book:
books • Accounting for Governmental and Non-Profit Entities, 12th edition,
by Wilson, Kattelus, Hay. McGraw-Hill/Irwin Inc., USA, 2001 or
recent edition
Reference Books
• Edward S. Lynn and Roberts Freeman,(2005) Fund Accounting:
Theory and Practice, 2nd edition, Publisher: Prentice Hall Inc.
• Haried and Smith,(2000) Advanced Accounting, 6th ed., John Wiley &
Sons Inc.
• Leon E. and Hay,(2004) Accounting for governmental and Non-
profit Entities, 7th ed., prentice Hall Inc.
• Biudget proclamation of Ethiopia (175.1999)
• Mosich and Larson,(2000) Modern Advanced Accounting,4th ed.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn3122
Course Title Ethiopian Government Accounting and Financial Management
Degree Program BA Degree in Accounting and Finance
Module Non-Profit Sector Accounting
Module No and M12; AcFn-M2121
Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Identify the objectives of FGE accounting system
be Acquired • Explain why and how the FGE accounting system uses modifies cash
basis of accounting.
• Record various transactions in government budgetary institutions.
• Prepare monthly financial reports for a reporting entity
• Identify budget control mechanisms
• Identify types of ledgers maintained in FGE- system of accounting
• Define the basic concepts and terminology in government budgeting
• Describe the nature, roles and significance of government budgeting.
• Recognize basic problems in government budgeting.
• Describe the process involved in the Ethiopian budgeting system.
• Perform basic budgeting activities within Ethiopian context at any
level of government; and
• Value the importance of budgeting in the Regional and Federal
Governments.
Course The course will help the students to be acquainted with the FGE
Description Accounting concepts and practices, in doing so they will differentiate with
the expanded (improved) FGE accounting system and the previous FGE
accounting system and the need for improvements.
The course will discuss in detail goals achieved by FGE accounting systems
Basic accounting concepts, over view of FGE financial administration and
accounting system and budget control. It also discusses the transaction
registers for local currency and foreign currency and about general and
subsidiary ledgers. It further discusses FGE monthly reports, different
transaction, letters of credit and construction projects.
It is also designed to caver areas what government budgeting is, its roles,
the cycle or process of government budgeting, the managerial apportion to
and problems in government budgeting, and accounting and performance
measurement. In light of these theoretical foundations the course will also
discuss the Ethiopian budgeting practices at Federal and Regional levels.
WEEKS Course Contents Reading
1. Introductions
1.1. Historical overview of Ethiopian Government
Accounting System
1.2. FGE Chart of accounts
1.3. FGE Budget Process
1.4. Fundamentals of FGE program budget
1.5. Overview of IBEX and IFMIS
1.6. Budget ledger card
1.7. Basis of accounting
1.8. Legal Framework of FGE Financial
Administration
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference • Ethiopian Constitution
books • Federal Financial Administration Proclamation
• Federal Financial AdministrationRegulation
• MoFED Directives, manuals,
• Auditor General reports
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title M13. Research in Accounting and Finance
Module Number AcFn-M2131
Objective of the Upon the successful completion of this module, students should be able to:
module • Apply business research methods in doing research
• Have foundation knowledge for scientific reasoning and solutions for
business problems
• explain the various tools and techniques of research
• Discuss sources of data and data collection techniques
• Prepare and present essay based of real-world practices
Total ETCTS and ETCTS: 5
Credit Hours of the Credit Hours: 3
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 2131 Research Methods in Accounting & 3 5
Finance
Course Information
Course Number AcFn 2131
Course Title Research Methods in Accounting & Finance
Degree Program BA Degree in Accounting and Finance
Module M13. Research in Accounting and Finance
Module No and M13; AcFn-M2131
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Apply business research methods in doing research
be Acquired • have foundation knowledge for scientific reasoning and solutions for
business problems
• Implement the research process in doing research,
• prepare research proposal for a project
• explain the various tools and techniques of research
• apply various methodologies of social research to solve Business
problems
• define The sources of data and data collection techniques
Course Description This course deals with the role of research; the method of scientific inquiry;
experimentation, fact finding, design of data collection methods, and
analysis of collected data and interpretation of results, and formulation of
business related research projects by students.
WEEKS Course Contents Reading
1. Concepts of Scientific Research
1.1. The Concept of Research
1.1.1. Defining research
1.1.2. Factors stimulating research
1.1.3. Purpose of Studying Research methods
1.1.4. Importance of research
1.1.5. Motivation for research
1.1.6. Managerial value of research
1.1.7. Characteristics of good research
1.2. Types of Research
1.2.1. Basic research
1.2.2. Applied research
1.2.3. Quantitative research
1.2.4. Qualitative research
1.2.5. Exploratory research
1.2.6. Descriptive research
1.2.7. Causal research
1.3. The systematic process of Research
1.3.1. Determining /recognizing a research
problem
1.3.2. Formulating a hypothesis/ research
question
1.3.3. Designing the study
1.3.4. Developing instrument for collecting data
1.3.5. Collecting data
1.3.6. Analyzing the data
1.3.7. Determining the implications & findings
1.3.8. Making recommendations
2. Formulation of the Research problem
2.1. What is research problem
2.1.1. Defining the research problem
2.1.2. Sources of research problem
2.1.3. Guidelines for the statement of the
problem
2.2. Hypothesis formulation
2.2.1. Defining hypothesis
2.2.2. Hypothesis versus research
problem
2.2.3. Possible sources of hypothesis
2.2.4. Null and Alternative hypothesis
2.2.5. Basic characteristics of good
hypothesis
2.3. Process of testing hypothesis
2.3.1. State the hypothesis
2.3.2. Determine the appropriate test
statistics
2.3.3. Specify the significance level
2.3.4. Determine the decision rule
2.3.5. Collect data & perform the needed
conclusion
2.3.6. decide to reject or not reject and
produce conclusion
3. Developing a Research proposal
3.1. The purpose Research proposal
3.2. Structureof a Research Proposal
3.2.1. Background of the study
3.2.2. Statement of the problem
3.2.3. Research Objectives
3.2.4. Research Hypothesis
3.2.5. Significance of the Research
3.2.6. Literature Review
3.2.7. Research methodology
3.2.8. Work plan and Budget / Logistics
3.2.9. Other sections of the proposal (
cover page , Abstract , Reference
3.2.10.Proposal writing (written
Assignment )
4. Sampling Design
4.1. Sampling Design
4.2. Census and sample survey
4.3. The Need for sampling
4.4. Steps in sampling Design
4.5. Criteria for selecting a sampling procedures
4.6. Types of sample Design
4.7. Probability sampling Design
4.8. Non probability sampling Design
5. The sources and collection of Data
5.1. Types and sources of Data
5.2. Methods of primary Data collection
5.3. Methods of secondary Data collection
6. Data analysis software
6.1. Spread sheet application in data analysis
6.2. Software application in data analysis (SPSS,
STATA, E-view)
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at the
end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Evalu
ation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Accounting Information Systems
Module Number M18
Objective of the Upon the successful completion of this module, students should be able to:
module • Explain the fundamental Information Technology concepts that underpin
business information systems;
• Be competent in the use of a computer, produce documents, design
spreadsheets and make a presentation;
• Identify AIS control and security threats and recommend
preventing/mitigating strategies;
• Develop understanding about fundamental concepts of database
technology and data modeling and apply the knowledge gained to develop
AIS data model;
• Have basic skill on the use of major accounting software
Total ETCTS and ETCTS: 8
Credit Hours of Credit Hours: 5
the module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 3181 Accounting Information System 3 5
AcFn3182 Accounting Software Application 2 3
Course Information
Course Number AcFn 3181
Course Title Accounting Information System
Degree Program BA Degree in Accounting and Finance
Module Accounting Information System
Module No and M18; AcFn-M3181
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 2
(per week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Analyze, document and evaluate business activities performed by
be Acquired firms with in major transaction cycles;
• Identify AIS control and security threats and recommend
preventing/mitigating strategies;
• Understand the models, techniques, and tools for Information Systems
Analysis and Design in general and AIS in particular;
• Develop skills in documenting Accounting Systems;
• Develop understanding about fundamental concepts of database
technology and data modeling and apply the knowledge gained to develop
AIS data model;
• Set up an accounting system using the a general ledger software package:
and
• Develop working knowledge about database applications.
Course The course is designed to instill the knowledge and skill Accountants require
Description to improve the design and function of the Accounting Information Systems
through harnessing the current state of the art Information Technology. The
course introduces the techniques and methodologies used to design and
develop Information System in general and Accounting System in particular.
It also familiarizes students to Database Management System (Ms Access).
WEEKS Course Contents Reading
1. Accounting Information Systems: An Overview
1.1. An Overview of AIS
1.2. Business Processes/Activities/Decisions/
and Information Needs
1.3. Scope of AIS
1.4. Uses of AIS and Role of Accounts in
Relation to AIS
2. Overview of Business Processes
2.1. Business Processes and Events
2.2. Identifying Events in Business Process
2.3. Organizing data in an AIS
2.4. Types of Files and Data
2.5. Events and Activities
3. The System Development Process
3.1. System Development and Documentation
Tools and Techniques: DFD, and Flow
Chart
3.2. System Development Processes
(Methodology, System Investigation,
Planning, Analysis, Design,
Implementation)
4. Relational Databases
4.1. Database Systems
4.2. Database Design Process
4.3. The REA Data Model
4.4. Database Systems and Future of
Accounting
5. Transaction Cycles and Accounting Applications
5.1. Organizing Accounting Applications
5.2. Processing Modes
5.3. The Revenue Cycle
5.4. The Expenditure Cycle
5.5. General Ledger and Reporting System
6. Control and AIS
6.1. Overview of Control Concepts
6.2. Information System Control
6.3. Computer Controls and Security
6.4. Overview of Auditing of Computer Based
IS
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn3182
Course Title Accounting Software Application
Degree Program BA Degree in Accounting and Finance
Module Accounting Information System
Module No and M18; AcFn-M3182
Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Understand how common accounting software process business
be Acquired transactions; including the account structure of a typical computerized
General Ledger.
• Be capable of implementing double entry accounting in a computerized
environment, including producing standard reports and final accounts
including adjustments
• Develop the skills necessary to process transactions for service,
merchandising, nonprofit, and manufacturing businesses using common
accounting software.
• Prepare financial statements and complete financial statement analysis
using common accounting software.
Course The course is designed to provide students with an understanding of the
Description main features of common computerized accounting software packages.
WEEKS Course Contents Reading
Widely used accounting softwares are covered
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Auditing and Assurance Services
Module Number M16
Objective of the Upon the successful completion of this module, students should be able
module to:
• Plan and design an audit approach for company financial statement
audit
• Perform tests of controls and substantive tests of transactions in
financial statement audit
• Perform analytical procedures and test of details of balances
• Issue the appropriate audit report based on the findings
• Conduct internal audit
Total ETCTS and ETCTS: 10
Credit Hours of the Credit Hours: 6
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn3161 Auditing Principles and Practices I 3 5
AcFn3162 Auditing Principles and Practices II 3 5
Course Information
Course Number AcFn 3161
Course Title Auditing Principles and Practices I
Degree Program BA Degree in Accounting and Finance
Module Auditing and assurance services
Module No and M16, AcFn-M3161
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives At the end of the course students will be able to:
& Competences to • Understand the nature, types, and utility [to the society] of Auditing.
be Acquired • Be acquainted with the underlying professional standards that
Public Accounting employs and the primary legal concepts and
terms therein.
• Comprehend the significance of internal control assessment in the
planning and conducting of an audit.
• Distinguish the different types of Audit Reports and the variety of
circumstances and conditions where one is more appropriate than
the others.
• Be familiar with the working of the auditing profession in Ethiopia.
Course Description This course explores the underlying theories, procedures and practices
surrounding the auditor's responsibilities in undertaking an audit of
financial statements of reporting entities. It deals with the auditing
profession, the process of collecting and evaluating evidence to determine
whether an economic entity safeguards assets, maintains data integrity, and
produces reliable financial statements. It also covers the study and
evaluation of internal control and the role of internal auditors in fraud
prevention and detection. Audit reports on financial statements and the
most frequent variations in audit are also covered.
WEEKS Course Contents Reading
1. An overview of auditing
1.1 Definition and Nature of Auditing
1.2 Accounting vs. auditing
1.3 Type of Audit and Auditors
1.4 Economics of Auditing
2. The auditing profession
2.1. Generally accepted auditing standards
2.1.1. General standards
2.1.2. Standards of Filed work
2.1.3. Standards of Reporting
2.2. Professional Ethics
2.3. Legal responsibility and Liability
3. Planning and conducting the Audit
3.1. Reasons for Audit planning
3.2. Planning procedures
3.3. Designing of Audit program
3.4. Audit working paper
3.5. Audit risk
3.6. Materiality
4. Internal Control
4.1. Meaning of Internal Control
4.2. Internal Control and Internal Audit
4.3. Control Environment
4.4. Risk Assessment
4.5. Control Activities
4.6. Limitation of Internal Control
4.7. The Auditor's Consideration of internal
control
5. Audit Evidence
5.1.The relationship of evidence to audit risk
5.2.Financial statement assertions
5.3.Sufficient competent evidential matter
5.4.Types of audit evidence
5.5.Evidence about accounting estimates
6. Audit Reports
6.1. Introduction
6.2. Types of audit reports
6.3. Contents of audit reports
7. Auditing and Auditors in Ethiopia
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at the
end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Evalu
ation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn3162
Course Title Auditing Principles and Practices II
Degree Program BA Degree in Accounting and Finance
Module No and M16; AcFn-M3161
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives At the end of the course the student is expected to:
& Competences to • Apply his knowledge of auditing theory, auditing standards,
be Acquired techniques and procedures to practical situations commonly
encountered relative to an opinion audit.
• Be acquainted the principles that underlie audit of Balance Sheet
and Income Statement accounts
• Enumerate and understand the audit objectives for the audit of
major accounts;
• Develop audit procures for the audit of major accounts; and
• Comprehend the significance of professional competence,
independence, and mental integrity in the practice of accountancy.
• Be committed to bringing about a prevalence of good reporting
practice and contribute to the pursuit of social justice and fairness.
Course Description The course builds on the knowledge gained in Auditing I. It covers an in
depth practical aspects of topics introduced in Auditing I and brings in new
concepts as well. The course introduces audit sampling in general and goes
on to application of statistical tools in tests of controls and balances. The
technical application of auditing procedures for balance sheet and income
statement accounts in an audit undertaking are the foremost subject
matters of the course. Audit of systems that include EDP application along
with tools and techniques used in evaluation and understanding of internal
control in such environments will be introduced.
WEEKS Course Contents Reading
1. Sampling in Auditing
1.1 Rationale for and methods of Audit Sampling
1.2 Audit sampling for tests of controls
1.3 Audit sampling for substantive tests
2. Audit of Cash and Marketable Securities
2.1. Internal control over cash transactions,
receipts and disbursements
2.2. Audit program for cash
2.3. Internal control over Marketable securities
2.4. Audit program for marketable securities
3. Audit of Receivables and Sales
3.1. Internal control over Sales transactions, and
Accounts Receivable
3.2. Internal control over Notes Receivable
3.3. Audit program for Receivables and Sales
4. Inventories and Cost of goods sold
4.1. Internal control over Inventories and Cost of
goods sold
4.2. Audit program for Inventories and Cost of goods
sold
5. Audit of Fixed Assets
5.1. Internal control over plant and equipment
5.2. The plant and equipment budget
5.3. Audit program for property plant and equipment
6. Audit of current liabilities
6.1. Internal control over Accounts payable
6.2. Audit program for accounts payable and other
liabilities
7. Audit of Debt and Equity capital
7.1. Internal control over interest bearing debt
7.2. Audit programs for interest bearing debt
7.3. Internal control over equity capital and
dividends
7.4. Audit program for capital stock
7.5. Audit of sole proprietorships, and partnerships
7.6. Disclosure of contingencies
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at the
end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with
local relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Evalu
ation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title M17. Public Finance and Taxation
Module Number AcFn-M3171
Objective of the Upon the successful completion of this module, students should be able
module to:
• Discuss the essence of public finance and taxation in theory and in
Ethiopian context
• Apply basic Ethiopian tax concepts to various circumstances relating
to the employment, business and other income taxes
• Apply basic Ethiopian tax concepts to various circumstances relating
to VAT, turnover tax, excise taxes, and custom duty
Total ETCTS and ETCTS: 5
Credit Hours of the Credit Hours: 3
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
AcFn 3141 Public Finance & Tax Accounting 3 5
Course Information
Course Number AcFn3171
Course Title Public Finance & Tax Accounting
Degree Program BA Degree in Accounting and Finance
Module Public Finance and Taxation
Module No and M17; AcFn-M3171
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives Upon the successful completion of this module, students should be able to:
& Competences to • Discuss the essence of public finance and taxation in theory and in
be Acquired Ethiopian context
• Apply basic Ethiopian tax concepts to various circumstances
relating to the employment, business and other income taxes
• Apply basic Ethiopian tax concepts to various circumstances
relating to VAT, turnover tax, excise taxes, and custom duty
Course Description The course focuses on the taxing and spending activities of a government
and their influence on the allocation of resources and distribution of income
in general and with special reference to Ethiopia as per the new economic
policy. Moreover, the course will provide a reliable foundation in the core
areas of public finance and Ethiopian taxation, and enable students
understand the operation of the Ethiopian tax system. The topics covered
include: Introduction to public finance, tools of public finance mainly
taxation, analysis of the finance system of the Federal Democratic Republic
of Ethiopia with emphasis on the Taxation System.
WEEKS Course Contents Reading
1. Basics of Public Finance
1.1. Definition of public finance
1.2. Scope of public finance
1.3. The role of government in the economy
1.4. Public expenditure
1.5. Public revenue
1.6. Public debt
1.7. Public administration
1.8. Fiscal federalism
2. Meaning and Characteristics of Taxation
2.1. Objectives of taxation
2.2. Principles of taxation
2.3. Tax classifications
2.4. Tax rate structures
2.5. Shifting and incidence of taxation
2.6. Tax evasion, avoidance and delinquency
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at the
end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Evalu
ation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course AcFn2111
Number
Course Title Risk Management and Insurance
Degree BA Degree in Accounting and Finance
Program
Module No M11; AcFn-M2111
and Code
Module
Coordinator
Lecturer
ETCTS 5
Credits
Contact 3
Hours (per
week)
Course After accomplishment of this course, students will be able to:-
Objectives & • Know basic concepts of risk
Competences • Explain the basic classification of risk
to be
• Understand the principles of insurance
Acquired
• Understand insurance Industry in Ethiopia
• Explain the nature and application of reinsurance
• Identify and measure business loss exposures.
• Discusses how to select among the major tools of risk management
• Measure, if not eliminate, exposures to loss or risk and analyze
various class of insurance contracts
Course Risk affects every aspect of an organization. The effects of risk are not
Description confined within any predictable boundaries; a single event can easily
influence several areas of an organization at once, producing consequences
far beyond the immediate impact. The pervasiveness and complexity of
riskpresents strong challenges to managers, one of the most important
being the coordination of risk management across areas within the
organization. It deals with: the nature and management of pure risks,
insurance and reinsurance; risk concepts, classification of risks,
management of pure risksthrough various risk handling tools, industrial
safety, general principles of insurance and major classes of insurance,
reinsurance and development & regulation of the insurance Ethiopia
WEEKS Course Contents Reading
1. Risk And Related Topics
1.1. Risk defined
1.2. Risk vs. uncertainty
1.3. Risk and probability
1.4. Risk, peril and hazard
1.5. Classification of risk
2. The Risk Management
2.1. Risk management defined
2.2. Objectives of risk management
2.3. Steps in risk management process
2.3.1. Risk identification
2.3.2. Risk measurement
2.3.3. Selecting the appropriate tools of
risk management
2.3.4. Risk administration
3. Insurance
3.1 Insurance Defined
3.2 Basic characteristics of insurance
3.3 Fundamentals of insurable risk
3.4 Insurance and gambling compared
3.5 Insurance and Speculation compared.
3.6 Benefits and costs of insurance
3.6.1 Benefits of insurance to the
society
3.6.2 Cost of insurance to society
4. Legal Principle Of Insurance Contract
4.1. Principle of indemnity
4.2. Principle of insurable interest
4.3. Principle of subrogation
4.4. Principle of utmost good faith
4.5. Principle of contribution
4.6. Doctrine of proximate cause
5. Life And Health Insurance
5.1. Underwriting life insurance
5.2. Types of life insurance polices
5.3. Premium determination
5.4. Worker’s compensation insurance
5.5. Personal accident insurance
6. Non-Life Insurance
6.1. Motor insurance
6.2. Burglary and housekeeping insurance
6.3. Fire and lighting insurance
6.4. Marine insurance
6.5. Aviation insurance
6.6. Liability insurance
6.7. Pecuniary insurance
6.8. Fidelity guarantee insurance
6.9. Engineering insurance
7. Re-Insurance
7.1. Meaning of Re-insurance
7.2. Reason for Re-insurance
7.3. Types of Re-insurance
8. The Insurance Business In Ethiopia
8.1. Development of insurance in Ethiopia
8.2. Regulation of insurance companies
8.2.1. Proclamation No. 68/1975
8.2.2. Proclamation No.86/1994
8.2.3. NBE Directives
Teaching & The teaching and learning methodology include lecturing, discussions, problem
Learning solving, and analysis. Take-home assignment will be given at the end of each
Methods/strat chapter for submission within a week. Solution to the assignments will be given
egy once assignments are collected. Cases with local relevance will also be given for
each chapter for group of students to present in a class room. The full and active
participation of students is highly encouraged.
Assessment/
Evaluation The evaluation scheme will be as follows:
Roles of the He/she will come to the class regularly on time and deliver the lecture in a well-
Instructor organized manner. Besides, at the end of each class he/she gives reading
assignment for the next class. He/she will make sure that proper assessments is
given. He/she is also responsible to give feedback for each assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and problems.
Students are also expected to read the assigned readings and prepare the cases
before each class so that they could contribute effectively to class discussions.
Students must attempt assignments by their own. Proficiency in this course comes
from individual knowledge and understanding. Copying the works of others is
considered as serious offence and leads to disciplinary actions.
Text and • Teklegiorgis Assefa (2004), Risk Management and Insurance,
reference Mega Printing PLC, MekelleUniversity.
books • Hailu Zeleke, Risk and insurance. Lecturer, AAU.
• George E. Rejda, principles of Risk Management and Insurance,
6thed.1998,Addison-wesley.
• C. Arthur Williamsjrand Richard M. Heins. Risk Management and
Insurance , 4thed, 1981 McGraw-Hill
• Joel Bessis, Risk management in Banking, 2nd, 1998, Wiley.
• HailuZeleke, Insurance in Ethiopia, AAU.
15.2.Supportive Courses
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Basic Management Concepts
Module Mgmt-M1052
Number
Objective of Upon the successful completion of this module, students should be able to:
the module • Explain the general overview of management in relation to its
importance, roles, skills and universality
• Develop a comprehensive understanding of basic concepts of
management functions
• Describe marketing principles and concepts
• Explain the importance and role of product development and major
components of marketing
Teaching & The teaching and learning methodology include lecturing, discussions, problem
Learning solving, and analysis. The full and active participation of students is highly
Methods/strate encouraged.
gy
Assessment/
Evaluation The evaluation scheme will be as follows:
Work load in
hours Hours Required
Total
Assess- Self- Assign- Hrs
Lectures Lab ments Tutorials Studies ment Advising
48 - 17 - 58 12 - 135
Course • The students must come to class prepared by bringing with you the
Expectation appropriate materials like text books and completed assignments.
Compete the reading assignments and other activities on time.
• Make active participation during discussion (you must participate in
class). If you are working in group or with partner, you must talk to your
group members or partner and be a part of the group. Always be ready
and willing to give constructive feedback to partners/ group members
and listen to their comments on your work.
• Use only English during group and pair work, class room and out of
class room discussions.
Course Policy • It is compulsory to come to class on time and every time. If you are
going to miss more than three classes during the term, you should not
take this course.
• You must do your assignment on time. No late assignment will be
accepted.
• You will have short quizzes and tests. If you miss the class or, are late
to class, you will miss the quiz or test. No makeup test or quizzes will
be given.
• You must do your own work and do not copy and get answer from
someone else. Please be sure to turn off your cell phones before class
and exam session.
Text and Reference Books
reference books • C.B Gubta, “Business Organization and Management”, Sultan Chand
& sons, New Delhi.
• David R. Hampton, “contemporary management”, McGraw Hill Inc.,
New York, 1981.
• Ernest Dale. “Management. Theory and Practices.” McGraw Hill Inc.
New York, 1981.
• Fred Luthans, “Introduction to Management, A Contingency
Approach”, McGraw Hill Book Company New York, 1973.
• George R. Terry and Stephen G. Franklin, “Principles of
management”, All India Traveller book Sellen New Delhi, 1991.
• Harold Koonz, Cyril O’Donnell and Heinz Weihrich, “Management”,
McGraw Hill International New York, 1980.
• Henry sisik, “Management and Organization”, South Western
publishing Co., Chicago, 1982.
• Peter F. Druker, “Management: Task and Responsibility”, IIaper &
Row, New York, 1973.
• Peter F. Druker,” The practice of management” Haper & Brothers,
New York, 1986.
• Samul C. Certo, “Principles of Modern Management”, Allyn and
Bacon Inc., Boston, 1986.
• Y.K Bushan, “Fundamentals of business Organization and
Management”, Sultan chand & sons, New Delhi.
• Robert N. Lussier, Management: concepts, Applications, and skil
development, “South western college publishing, 1997.
• Richard m. Hodgets & Donald F. Kuralko, “Management,” Harcount
Brace Jovanovich publishers, 1991, third ed.
• Plunkett and Attner, Introduction to management, Wadsworth
publishing company, 1994. 5th ed. And 6th ed.
• R.D Agrawal “ Organization & Management” New Delhi
• Bantie et. al., Introduction to Management.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Mgmt1052
Number
Course Title Principles of Marketing
Degree BA Degree in Accounting and Finance
Program
Module Basic Management Concepts
Module M5; Mgmt-M1052
Number and
Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course Upon completing this course, the student will be able to:
Objectives & • Define basic/core marketing principles/ concepts
Competences • Describe the marketing plan process and strategy
to be Acquired
• Identify and analyze marketing environment
• Explain the bases of market segmentation and consumer buying
behavior
• Define and classify products/ product mix
• Explain the importance and role of product development ;
• Discuss marketing channel concept, examine the structure and
function of the channel system, physical distribution and materials
management
• Describe the role of promotion mix and identify factors affecting the
choice of promotional methods.
• Analyze the importance of pricing and examine key factors that may
influence marketers pricing decisions
Course The course covers an overview of marketing, the marketing environment,
Description types of markets, product decision, product development, branding and
packaging, pricing decisions, factors influencing' pricing, pricing
techniques, distribution decision: channel and physical distribution
decision, promotion decision: types of promotional messages and media.
WEEKS Course Contents Reading
1, 2, & 3 1. An Overview Of Marketing And Marketing
Management
1.1. Marketing and its core concepts
1.2. Philosophies of marketing
1.3. Importance of marketing
1.4. Scope of marketing
1.5. Companies’ orientation to marketing
1.6. Goals of marketing system
4&5 2. Marketing Environments
2.1. Meaning of marketing Environment
2.2. Internal and External Marketing
environmental Elements
6, 7, & 8 3. Buying Behavior
3.1. Consumer buying behavior
3.1.1. The buyers decision process
3.1.2. Major factors influencing buying
behavior
3.1.3. Consumer buying, role
3.2. Organizational buying behavior
3.2.1. Characteristics of Business Market
3.2.2. Buying situations in organizational
buying
3.2.3. Decision making process in
organizational buying
3.2.4. Influence on organizational buying
decision
9, 10, & 11 4. Market Segmentation, Targeting And
Positioning
4.1. Market segmentation
4.1.1. Meaning of Market segmentation
4.1.2. Basis of segmenting the market
4.1.3. Importance of Segmentation
4.1.4. Procedures of Market Segmentation
4.2. Targeting the Market
4.3. The concept of positioning
12, 13, 14, 15 5. Managing Marketing Mix Elements
& 16 5.1. Product planning
5.1.1. Meaning of a product
5.1.2. Classification of a product
5.1.3. Product Life cycle
5.1.4. New Product Development
Process
5.1.5. The Concept of Product Mix and
Product Line Introduction to
Branding, Packaging 'and
Labeling
5.2. Pricing Decision
5.2.1. Meaning of Price
5.2.2. Pricing Objectives
5.2.3. Factors Affecting Pricing
Decisions
5.2.4. General Approach to Pricing
5.3. Placing the Product
5.3.1. Meaning and Importance of
Distribution
5.3.2. Factors Influencing channel
Decision
5.3.3. Channel Decision
5.4. Promoting the product
5.4.1. Meaning of Promotion
5.4.2. The purpose of promotion
5.4.3. Promotional Mix Elements:
5.4.3.1. Advertising
5.4.3.2. Sales Promotion
5.4.3.3. Public Relation and publicity
5.4.3.4. Personal Selling
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the end
Methods/strate of each chapter for submission within a week. Solution to the assignments will
gy be given once assignments are collected. Cases with local relevance will also be
given for each chapter for group of students to present in a class room. The full
and active participation of students is highly encouraged.
Assessment/
Evaluation The evaluation scheme will be as follows:
Work load in
hours
Hours Required
Total
Assess- Self- Assign- Hrs
Lectures Lab ments Tutorials Studies ment Advising
32 - 10 - 27 12 81
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and problems.
Students are also expected to read the assigned readings and prepare the cases
before each class so that they could contribute effectively to class discussions.
Students must attempt assignments by their own. Proficiency in this course
comes from individual knowledge and understanding. Copying the works of
others is considered as serious offence and leads to disciplinary actions.
Text and
reference books Reference Books
• Stephen R. Robins, Organizational Behavior, Concepts, Controversies
and applications, 7th Edition, 1996.
• Plunkett and Attner, Management 6th Edition.
• Koonerty Wethrich, Management, 9th edition.
• Georgerr Terry, Principles of Management, 5th Edition.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Business Law
Module Number Law-M3202
Objective of the The course enables students to have a broad understanding of the
module environment of business and the statutory provisions that affect
the business operations and decisions.
Total ETCTS and ETCTS: 5
Credit Hours of the Credit Hours: 3
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
Law3201 Business Law 3 5
Course Information
Course Number Law3201
Course Title Business Law
Degree Program BA Degree in Accounting and Finance
Module Business Law
Module Number and M20; Law-M3202
Code
Module Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives & The course enables students to have a broad understanding of the
Competences to be environment of business and the statutory provisions that affect
Acquired the business operations and decisions.
Course Description The primary focus of this course is to introduce students with the
concept, principles, and legal framework governing business
transactions, negotiations, undertakings, and contracts. The
course will pay a closer look at the labor law and the commercial
code of Ethiopia. It is aimed at exposing students to the law of
contract (Such as the contract of sale, insurance, and Agency),
commercial instruments, and commercial undertakings.
WEEKS Course Contents Reading
1&2 1. General Introduction
1.1. Definition of Law
1.2. Functions of Law
1.3. Meaning of Business Law
1.4. Nature of Business Law
1.5. Sources of Business Law
3 2. Legal Personality
2.1. The concept of the term "personality"
2.2. Physical Persons
2.3. Juridical persons
4&5 3. Business And Business Entities
3.1. Definition
3.2. Elements of a Business
3.3. Different kinds of Business
Entities
3.3.1. Sole proprietorship
3.3.2. Partnership
3.3.3. Private companies
3.3.4. Public companies
6, 7 , 8 & 9 4. Law Of Contracts
4.1. Contracts In General
4.1.1. Definition
4.1.2. Formation and Elements of
contracts
4.1.2.1. Capacity of the parties
4.1.2.2. Consent of the parties
4.1.2.3. Defect in consent
4.1.2.4. Object of contract
4.1.2.5. Form of contract
4.1.3. Effect of contract
4.1.4. Extinction of Obligations
4.1.5. Contract Administration
4.2. Law Of Agency
4.2.1. Definition
4.2.2. Source of Agency
4.2.3. Scope of agency
4.2.4. Duties of Agent
4.2.5. Duties of principal
4.3. Law Of Sale Of Goods
4.3.1. Definition
4.3.2. Obligations of Seller
4.3.3. Obligation of Buyer
4.3.4. Common Obligations
4.3.5. Transfer of Risks
4.4. Law Of Insurance
4.4.1. Definition
4.4.2. Types of Insurance
4.4.3. Insurance policy
4.4.4. Rights and Duties of the parties
4.4.5. Insurance of persons
10 & 11 5. Law Of Negotiable Instruments
5.1. Definition
5.2. Bills of Exchange
5.3. Promissory Notes
5.4. Cheques
12 & 13 6. Law Of Banking Transaction
6.1. Deposits
6.2. Hiring of Safes
6.3. Contracts for current accounts
6.4. Discount
6.5. Credit transactions
14 & 15 7. Labor Law
7.1. Contracts of employment
7.2. Formation and terms of the
employment contract
7.3. Work of employee-contractual
duties
7.4. Wages and working conditions to
employee
7.5. Employer duties-Health, Safety
and welfare
7.6. Termination of the employment
contract
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at
the end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with
local relevance will also be given for each chapter for group of
students to present in a class room. The full and active participation of
students is highly encouraged.
Assessment/Evaluatio
n The evaluation scheme will be as follows:
Roles of the Instructor He/she will come to the class regularly on time and deliver the lecture
in a well-organized manner. Besides, he/she will give opportunity for
the students discuss and give reflection on the topic presented by him.
He/she is also responsible to give feedback for each assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read the assigned
readings and prepare the cases before each class so that they could
contribute effectively to class discussions. Students must attempt
assignments by their own. Proficiency in this course comes from
individual knowledge and understanding. Copying the works of others is
considered as serious offence and leads to disciplinary actions.
Text and reference Reference Books
books • The Civil Code of Ethiopia, 1960
• The Commercial Code of Ethiopia, 1960.
• Rene David, Commentary on Contracts in Ethiopia, 1973
• Krezeczunowicz, Formation and Effects of Contracts in
Ethiopian Law, 1983
• S.P.Iyengar and B.K. Goyal, Business Law, 1996
• A.K. Sen and lK.Mitra, Commercial Law including company
Law, 1998
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Entrepreneurship and Strategy
Module Number Mgmt-M2142
Objective of the • To enhance the ability to analyze trends, production, marketing,
module financial and human resource data in an integrated manner for
dynamic decision-making and business plan development.
• Develop enterprise culture as well as business creation skills
• Know how to incorporate the claims of stakeholders in strategy
formation, implementation evaluation and control by taking in to
account different environmental forces.
• To understand business analytical tools and fundamental
concepts in strategic management.
2. Small Business
2.1. Definition and importance
2.2. Economic social & political
aspects of small business
enterprise
2.3. Small Business Failure factors.
2.4. Problems in Ethiopia small
business
2.5. Setting Small Business
2.5.1. What is Basic Business Idea?
2.5.2. What project an
Entrepreneur should have?
2.5.3. Definition of industry and
small scale industry
2.5.4. Steps in setting a small scale
unit
3. Business Planning
3.1. The concept of business planning
3.2. Feasibility planning
3.3. The business plan
3.4. Developing a business plan
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at
the end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with
local relevance will also be given for each chapter for group of students
to present in a class room. The full and active participation of students is
highly encouraged.
Assessment/
Evaluation The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number Mgmt2142
Course Title Strategic Management
Degree Program BA Degree in Accounting and Finance
Module Entrepreneurship and Strategy
Module Number and M14; Mgmt-M2142
Code
Module Coordinator
Lecturer
ETCTS Credits 3
Contact Hours (per 2
week)
Course Objectives & • Know how to incorporate the claims of stakeholders in
Competences to be strategy formation, implementation evaluation and control
Acquired • Understand meaning of strategy, levels at which strategy
operates & strategic management process
• Explain environment factors that affect strategy formation,
implementation evaluation & control
• Know their responsibilities and ethical requirements in
corporate management etc.
• Obtain skills in the management of corporate and enterprise
strategy
• Design policy and strategy in light of the poverty alleviation in
Ethiopia
Course Description This course is devoted to identifying and describing the various
strategies a company can pursue to achieve superior performance.
Many of these strategies are generic – that is, they apply to all
organizations, large or small, manufacturing or service, and profit
seeking or not for profit. The central aim of this course is to give a
thorough understanding of the analytical techniques and skills
necessary to identify and exploit strategies successfully.
Specifically, the course covers; the meaning & role of strategic
management, nature of strategic management, strategy
formulation & implementation, environmental scanning,
understanding of corporate, competitive functional and operating
level strategies, strategy implementation, evaluation and control
and also social and ethical responsibilities of corporate
management.
WEEKS Course Contents Reading
1&2 1. Introduction
1.1. Defining strategic management
1.2. Stages of strategic management
1.3. Key terms in strategic management
1.4. The strategic management approach
1.5. Benefits of strategic management
1.6. Business ethics and corporate social
responsibility
2&3 2. Strategies in Action
2.1. Types of strategies
2.2. Guidelines for pursuing strategies
2.3. Michael Porter’s generic strategies
Assessment/Evaluatio
n The evaluation scheme will be as follows:
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Operation Management
Module Number Mgmt-M3192
Objective of the At the end of this module, students should be able to:
module • Define operations management
• Understand operations strategy and competitiveness
• Understand facility location and layout
• Know capacity planning
• Differentiate aggregate planning and scheduling
• Describe operations management, its scope and activities
• Describe the decision involved in designing and controlling
the operations system.
• Apply selected quantitative tools, techniques and models in
the analysis of decisions for the designing, planning and
controlling of operation systems.
Total ETCTS and ETCTS: 5
Credit Hours of the Credit Hours: 3
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
Mgmt3191 Operation Management 3 5
Course Information
Course Number Mgmt3191
Course Title Operation Management
Degree Program BA Degree in Accounting and Finance
Module Operation Management
Module Number and M19; Mgmt-M3192
Code
Module Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives & At the end of this module, students should be able to:
Competences to be • Define operations management
Acquired • Understand operations strategy and competitiveness
• Understand facility location and layout
• Know capacity planning
• Differentiate aggregate planning and scheduling
• Describe operations management, its scope and activities
• Describe the decision involved in designing and controlling
the operations system.
• Apply selected quantitative tools, techniques and models in
the analysis of decisions for the designing, planning and
controlling of operation systems.
Course Description
Lecture hours Course Contents Reading
1&2 1 Nature Of Operations Management
1.1 Introduction
1.2 Historical Development of Operation
Management
1.3 Manufacturing Operations and
Service Operations
1.3.1 Manufacturing Operations
1.3.2 Service Operations
1.4 Operations Decision Making
1.5 Productivity Measurement
3&4 2 Operations Strategy &
Competitiveness
2.1 Introduction to operations strategy
2.2 Operations strategy in
Manufacturing
2.3 Operations strategy in Services
5&6 3 Design Of The Operation System
3.1 Product and service design
3.2 Process selection
3.3 Strategic Capacity Planning
3.4 Facility Location & layout
3.5 Job Design and Work Measurement
7, 8, 9, & 10 4 Operations Planning & Control
4.1 Aggregate production planning
4.2 Operations Scheduling
11, 12, 13, & 14 5 Quality Management And Control
5.1 Meaning and nature of quality
5.2 Overview of TQM
5.3 Quality Specification
5.4 Continuous Improvement
5.5 Statistical Quality Control
5.6 Process Control Charts
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. The full and active participation of
students is highly encouraged.
Assessment/Evaluatio
n The evaluation scheme will be as follows:
Roles of the Instructor He/she will come to the class regularly on time and deliver the lecture
in a well-organized manner. He/she allows students to actively
participate in the class discussions. He/she is also responsible to give
feedback for each assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read the assigned
readings and prepare the cases before each class so that they could
contribute effectively to class discussions. Students must attempt
assignments by their own. Proficiency in this course comes from
individual knowledge and understanding. Copying the works of others
is considered as serious offence and leads to disciplinary actions.
Text and reference Reference Books
books • Chase, Richard N., Aquilano, Nicholas J. and Jacobs, F.
Robert ( 1998), Production and Operations Management-
Manufacturing and Services, 8th Edition, Irwin McGraw-
Hill
• Wild Ray (1995), Production and Operation
Management,5th Edition, Cassell.
• Starr, Martin (1996), Operation Management: A Systems
Approach, Boyd and Fraser Publishing Company.
• Plossl, George W (1985), Production and Inventory
Control: Principles and Techniques, 2ed Edition, Prentice
Hall.
• Evans, James R (1993), Production/Operations
Management: Quality, Performance and Services, 5th
Edition, McGraw- Hill
• Dilworth James B (1993), Production and Operation
Management Manufacturing and Services. 5th Edition,
West Publishing.
• Dilworth, James R (1993), Production and Operation
Management, 8th Edition, International Thomson
Publishing.
• Armistead, Colin and Rowland, Philip (1996), Managing
Business Processes ( BPR and Beyond), John Wiley and
Sons
• Duncan, William L (1995), Total Quality - Key Terms and
Concepts, Luftig and Warren international.
• Townsend, Patrick L and Gebhardt, Joan E.(1992), Quality
in Action -93 Lessons in Leadership, Participation and
Measurement, John Wiley and Sons.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Civics and Ethics
Module Number CvEt-M1023
Objective of the Upon successful completion of this module, students will be able
module to:
• Understand the subject matter of Civics and Ethics;
• Explain and exercise civil virtues and ethical values and
norms;
• Know the civic, social and political dimension of their lives
and the importance of active participative citizens to the
life of the state and all people
• Develop positive attitude towards the values and
principles of democracy
• Know the concept of democracy and good governance;
• Understand the essence of constitution, and
constitutionalism; and know the types and functions of
constitution
• Examine the Ethiopia’s experience in constitutional
development;
• Understand the interdependence of Environment and
development;
• Develop positive attitudes towards environment,
environmental protection and work;
• Know the concept of development and developmental
Ethics;
• Appreciate diversity and develop the culture of active
tolerance
• Critically assess the practices and challenges of democracy
and good governance in a multi-cultural Ethiopia.
Total ETCTS and ETCTS: 5
Credit Hours of the Credit Hours: 3
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
CvEt1021 Civics and Ethical Education 3 5
Course Information
Course Number CvEt1021
Course Title Civics and Ethical Education
Degree Program BA Degree in Accounting and Finance
Module Civics and Ethics
Module Number and M2; CvEt-M1023
Code
Module Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives & Upon successful completion of this course, students will be able
Competences to be to:
Acquired • Understand the subject matter of Civics and Ethics;
• Explain and exercise civil virtues and ethical values and
norms;
• Know the civic, social and political dimension of their lives
and the importance of active participative citizens to the
life of the state and all people
• Develop positive attitude towards the values and
principles of democracy
• Know the concept of democracy and good governance;
• Understand the essence of constitution, and
constitutionalism; and know the types and functions of
constitution
• Examine the Ethiopia’s experience in constitutional
development;
• Understand the interdependence of Environment and
development;
• Develop positive attitudes towards environment,
environmental protection and work;
• Know the concept of development and developmental
Ethics;
• Appreciate diversity and develop the culture of active
tolerance
• Critically assess the practices and challenges of democracy
and good governance in a multi-cultural Ethiopia.
Course Description This course is aimed at cultivating the students to participate
actively in the public life using their democratic rights and
discharging their responsibilities with the necessary knowledge
and skills, to develop their ethical awareness and reflection, and
decision-making ability. Thus, the module will help students
develop civic competences and become visionary citizens who are
concerned with issues affecting their country and the world at
large.
WEEKS Course Contents Reading
1 Civics and Ethics
1.1. Understanding the Meaning and
Scope of Civics and Ethics
1.2. Rationales of Civics and Ethics
1.3. Competences of Good Citizens
1.4. Ethics and Citizenship
1.5. Principles of Ethics
1.6. Development Ethics
1.7. Environmental Ethics and
Citizenship
1.8. Professional Ethics and
Citizenship
2 Civics as a Study of Society, State and
Government in Ethiopia
2.1. Conceptual framework
2.1.1. Understanding Society
2.1.2. Understanding State
2.1.3. State Structures
2.2. Defining Government
2.2.1. Forms of Government
2.2.2. Branches of Government
3. Civic and Ethical Education in
Ethiopia
3.1. Ethiopian Society, State and
Government: Historical Overview
3.2. Federalism in Ethiopian context
3.3. Parliamentary Structure of
Government
3.3.1. Main Features of
Parliamentary Structure of
Government
3.3.2. Powers and Functions of the
Executive, Legislature and
Judiciary
4. Democracy and Good Governance in
Ethiopia
4.1. Conceptual Framework:
Understanding Democracy and Good
Governance
4.1.1. Defining Democracy
4.1.2. Fundamental Principles and
Values of Democracy
4.1.3. Ways of Exercising
Democracy: Substantive
and Procedural Views of
Democracy
4.1.4. The Dynamics of
Democratization process
4.1.5. Democratic Elections
4.1.6. Principles of Democratic
Election
4.2. Good Governance
4.2.1. Defining Good Governance
4.2.2. The Relationship of Good
Governance and Democracy
4.3. The setting of Democracy and
Good Governance in a
multicultural Ethiopia
5. Constitution and Constitutionalism
5.1. Defining Constitution and
Constitutionalism
5.2. The Origin and Development of
Constitution
5.2.1. Major Features of a
Constitution
5.2.2. Fundamental Constitutional
Principles
5.3. Major Purposes and Functions of
Constitution
5.4. Modern Classification of
Constitutions
5.5. Constitutional Development in
Ethiopia
5.5.1. Traditional Constitutions of
Ethiopia
5.5.2. The 1931 Written
Constitution
5.5.3. The 1955 Revised
Constitution
5.5.4. The 1987 Constitution
5.5.5. The 1991 Transitional
Charter
5.5.6. The 1995 Constitution
6. Globalization and Citizenship:
Challenges and Prospects
6.1. Meaning of Globalization
6.2. Economic Globalization
6.3. Financial Globalization
6.4. Cultural Globalization
6.5. State, Globalization and
Citizenship
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. The full and active participation of
students is highly encouraged.
Assessment/Evaluatio
n The evaluation scheme will be as follows:
Roles of the Instructor He/she will come to the class regularly on time and deliver the lecture
in a well-organized manner. He/she is also responsible to give
feedback for each assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read the assigned
readings and prepare the cases before each class so that they could
contribute effectively to class discussions. Students must attempt
assignments by their own. Proficiency in this course comes from
individual knowledge and understanding. Copying the works of others
is considered as serious offence and leads to disciplinary actions.
Text and reference
books Reference Books
• Alexander, Larry (ed.).1998. Constitutionalism:
Philosophical Foundations. Cambridge : Cambridge
University Press.
• Assefa Fisseha. 2006. Federalism and Accommodation of
Ethnic Diversity in Ethiopia: Comparative Study. Utrecht:
Wolf Legal Publishers.
• Boss, J. 1998. Perspective on Ethics. London: Mayfield
Publishing Company.
• Charles F. Kettering Foundation., & Harwood Group.1991.
Citizens and politics: a view from Main Street America.
Dayton, Ohio: The Foundation.
• Clampham, Christopher .1969. Haile-Selassie’s
Government. Praeger: New York.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Psychology
Module Number Psyc-M1063
Objective of the Upon completion of this Module, students would be able to:
module • Understand the essence of Psychology and become conversant
of the concepts and key issues in the field.
• Comprehend why psychology is characterized as scientific
discipline along with other arguments to the contrary.
• Appreciate the complexities of human behavior and be
reasonably skeptical of assertions made in the name of
research or science in general.
• Have a grasp of the current thinking in the areas of sensation,
perception, emotion, motivation, learning, memory, forgetting,
personality and abnormal behaviors.
Total ETCTS and ETCTS: 5
Credit Hours of the Credit Hours: 3
module
Courses of the Module
Course Number Course Name Cr. Hr CP/ETCTS
Psyc1061 Introduction to Psychology 3 5
Course Information
Course Number Psyc1061
Course Title Introduction to Psychology
Degree Program BA Degree in Accounting and Finance
Module Psychology
Module Number and M6; Psyc-M1063
Code
Module Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives & Upon completion of this course, students would be able to:
Competences to be • Understand the essence of Psychology and become conversant
Acquired of the concepts and key issues in the field.
• Comprehend why psychology is characterized as scientific
discipline along with other arguments to the contrary.
• Appreciate the complexities of human behavior and be
reasonably skeptical of assertions made in the name of
research or science in general.
• Have a grasp of the current thinking in the areas of sensation,
perception, emotion, motivation, learning, memory, forgetting,
personality and abnormal behaviors.
Course Description This course introduces students from other disciplines with the
concepts, theories, methods and the core subjects in the field of
Psychology. In short, it is intended to provide an overview of the
field of Psychology as a science of human behavior and mental
process and show how this knowledge can be used to improve
human life.
WEEKS Course Contents Reading
1. The Essence of Psychology
1.1. Meaning and Definition of psychology
1.2. Methods in psychology
1.3. Sub-fields in psychology
5. Motivation
5.1. Nature of Motivation
5.2. Theories of Motivation
5.3. Classification of Motives
5.4. Conflicts of Motives and frustration
Assessment/Evaluatio
n The evaluation scheme will be as follows:
Roles of the Instructor He/she will come to the class regularly on time and deliver the lecture
in a well-organized manner. Besides, he/she is responsible to give
feedback for each assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read the assigned
readings and prepare the cases before each class so that they could
contribute effectively to class discussions. Students must attempt
assignments by their own. Proficiency in this course comes from
individual knowledge and understanding. Copying the works of others
is considered as serious offence and leads to disciplinary actions.
Text and reference
books Reference Books
• Morgan, T. Clifford, Richard A. King, John R. Weisz, and
John Schopler.(1996). Introduction to psychology. (7th Ed.)
New York: McGraw-Hill Book Company.
• Baron, A, Robert. (1995). Psychology. Prince-Hall of India:
New Delhi.
• Davidhoff, L. Linda. Introduction to psychology.(3rd Ed.)
New York: McGraw-Hill Company.
• Huffman, K,Mark Vernoy and Barbara Williams.(1987).
Psychology in Action. John Willy and Sons New York
• Kalat, W.James. (1986). Introduction to psychology.
Wadsworth Inc: California.
• Morris, G. Charles. (1990). Psychology. An introduction.
(7th Ed.). Prince-Hall: New Jersey.
• Myers, G. David. (1995). Psychology. USA: Worth
Publishers.
• Papalia, E. Diane and Sally Wendkos Olds.(1985).
Psychology. McGraw-Hill Book Company::
• New York.
• Rathus,A. Spencer. (1984). Psychology. (2nd Ed.) New
Yirk:Holt, Rinehart and Wilson.
• Weiten, Wayne.(1989). Psychology. Themes and
Variations. Brooks/Cole publishing Company: California.
• Note: In addition to the above listed reference books,
students can refer to any introductory book on psychology.
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Module Title Basic English Skill
Module Number EnLa-M1013
Objective of the By the end of the module, students will be able to:
module • Involve in various communicative contexts
• Read and comprehend texts with ease
• Differentiate and use oral and written discourses
• Listen and comprehend to conversations in English
• Write different units of writing both in academic and non-
academic contexts
4.5. Speaking
4.5.1. Brainstorming and discussing on what
makes a good learner
4.6 Writing
4.6.1. Summarizing a talk
4.6.2. Summarizing an academic article
4.6.3. Writing an essay on learning English
15 & 16 Tutorial
Teaching & Learning The teaching and learning methodology include lecturing,
Methods/strategy discussions, problem solving, and analysis. The full and active
participation of students is highly encouraged.
Assessment/Evaluatio
n The evaluation scheme will be as follows:
Assessment Scheme %
Listening 10%
Speaking 10%
Reading 10%
Writing 10%
Vocabulary 10%
Grammar 10%
Final Examination 40%
Total 100%
Roles of the Instructor He/she will come to the class regularly on time and deliver the
lecture in a well-organized manner. He/she is also responsible to give
feedback for each assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read the assigned
readings and prepare the cases before each class so that they could
contribute effectively to class discussions. Students must attempt
assignments by their own. Proficiency in this course comes from
individual knowledge and understanding. Copying the works of others
is considered as serious offence and leads to disciplinary actions.
Text and reference books Reference Books
Dean, M.1988. Write it; Writing Skills for intermediate
learners of English. Cambridge University Press
DEFLL, 1996.College English: volume I and II.AAU.AAU Printing
Press
Gregory.1999.Public speaking for college and career (Fifth
Ed).New York: McGraw Hill College
Hewings, M. 1999.Advanced Grammar in use: self-study
Reference Practice Book for Advanced Learners of English.
Cambridge: CUP.
MOE, 2005. Improve Your English: A Course for Ethiopian
Teachers (Grade 1-4)-Face to Face Learner's Books 1&2.Addis
Ababa: EMPDE
Mohammedtahir and Tibebe Kasahun, 2005.Communicative
English Skills II (unpublished). Jimma University Press
Strong, W.1991. Writer's Choice: Grammar and Composition.
Illinois: McGraw Hall
Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number EnLa1012
Course Title Basic Writing Skills
Degree Program BA Degree in Accounting and Finance
Module Basic English Skill
Module Number and M1; EnLa-M1013
Code
Module Coordinator
Lecturer
ETCTS Credits 5
Contact Hours (per 3
week)
Course Objectives & Upon completing the course, students will be able to:
Competences to be • construct meaningful sentences in English;
Acquired • learn to compose a paragraph that has a clearly stated topic sentence
and details ;
• use appropriate coordination and subordination skills to relate ideas;
• identify and correct common sentence problems
• Compose paragraphs that have clearly stated topic sentences and
supporting details.
• write a well-structured essay of different types ( descriptive, narrative,
expository and argumentative)
Course Description This course aims at developing students’ basic writing skills. It
contains sentence level writing: sentence structure, sentence
types, functional and structural category, common sentence
errors (fragments, run-on sentences, dangling modifiers and
agreement errors); paragraph level writing : paragraph, topic
sentence and supporting details, structure, essentials of a
paragraph, basic types of paragraphs( expository, narrative,
descriptive and argumentative ) and techniques of paragraph
development; essay level writing : structure of an essay, thesis
statement and supporting paragraphs, types of essays and
techniques of essay development
WEEKS Course Contents Reading
1, 2, 3, & 4 Unit One: Writing Effective Sentences:
overview of writing effective sentences -
sentence definition, Identifying sentence
parts (subject and predicate), writing
complete sentences; sentence types:
functional category (declarative,
interrogative, imperative and exclamatory
sentences)
10, 11, 12, 13, 14, & 15 Unit Three Essay Writing
Stimulating idea on features of an essay
Definition of an essay, structure of an essay:
introduction, body and conclusion; reviewing
paragraph structure vs essay structure
Identifying thesis statement and supporting
paragraphs, elements of the thesis statement: topic
and controlling idea
Teaching & Learning The teaching and learning methodology include lecturing,
Methods/strategy discussions, problem solving, and analysis. The full and active
participation of students is highly encouraged.
Assessment/Evaluatio
n The evaluation scheme will be as follows:
Roles of the Instructor He/she will come to the class regularly on time and deliver the
lecture in a well-organized manner. He/she will make sure that
proper assessments is given. He/she is also responsible to give
feedback for each assessment.
Roles of the students The success of this course depends on the students’ individual and
collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read the assigned
readings and prepare the cases before each class so that they could
contribute effectively to class discussions. Students must attempt
assignments by their own. Proficiency in this course comes from
individual knowledge and understanding. Copying the works of others
is considered as serious offence and leads to disciplinary actions.
Text and reference books Reference Books
• Writer’s Choice : Grammar and Composition
• Rorabacher ,L A Concise Guide to Composition (3rd Ed). London
Harper and Row publishers(1976)
• A Guided Writing to Composition
• Langan,J College Writing Skills. sixth Edition. Boston: Mcgraw-Hill
(2005).
• Savage, A.and M. Shafiei,Effective Academic Writing 1. Oxford:
Oxford University Press. (2007)
• Savage, A.and P. Mayer Effective Academic Writing 2 Mcgraw-Hill
(2005). Oxford University Press. (2005)
• Davis,J and R,Liss Effective Academic Writing 3 The Essay. Oxford
University Press. (2005)