The Department of Accounting was one of the departments of Unity University that existed during the establishment of the then Unity College in 1997. The Department commenced its operation with diploma program in accounting. Subsequently, it introduced its BA degree program in accounting in 1999. Starting from 2012, the Department of Accounting has upgraded its program and has changed its name to “Department of Accounting and Finance”. The BA degree program is offered in Addis Ababa, Gerji and Geferssa campuses and in Adama and Dessie Campuses as well. This program is also offered in distance mode too. Since 2014/2015 Academic Year, the Department has started offering Masters of Science Degree in Accounting and Finance, in Addis Ababa, Gerji Main Campus. Both programs are offered in regular and evening sessions.
1. OBJECTIVES OF THE ACFN PROGRAM
The program prepares students to become professional in financial analysis and capable of executing Cost Accounting, Budgetary Accounting, Tax accounting, Governmental and Non-Governmental Organizations Accounting and applying accounting concepts and principles while reporting.
2. OBJECTIVES OF THE PROGRAM
2.1. General Objective
The Department of Accounting and Finance of Unity University seeks to fulfill a primary mission of delivering quality instruction that provide students with a general education foundation, a comprehensive understanding of general business concepts and principles, the requisite conceptual and technical knowledge of accounting and finance; and the basis for multi-dimensional roles required of professional auditors, accountants and financial managers.
2.2. Specific Objectives
The specific objectives of the program are to
3. GRADUATE PROFILE
The graduate profile is the base for designing a curriculum that would lead to the realization of the desired output. Accounting and finance degree graduates are expected to assume functional responsibilities in any sector where accountability and transparency are needed. They can assume positions in the areas of:
a) Accounting
b) Financial Management
c) Financial Analysis
d) Auditing (internal and external)
e) Management Information Systems
f) Managerial functions
g) Financial Administration services
The Department has, therefore, made a move towards the revision of its curriculum with the very objective of developing and implementing a curriculum that reflects the tangible needs of the country in line with the above specific purposes of the curriculum and the graduate profile without compromising its international standard.
4. ADMISSION REQUIREMENTS
A candidate to join Bachelor Degree in Accounting and Finance must meet the following minimum requirements;.
5. DURATION OF THE PROGRAM
Three years are required for students attending the regular degree program and four years for students in the evening program.
6. GRADUATION REQUIREMENTS
To graduate from this program trainees are required to:
8. SUMMARY OF COURSES
| No. | Course No. | Course Title | Cr.Hrs. | ECTS | Pre-requisite |
|---|---|---|---|---|---|
| 1. | ACFN 611 | Accounting Information System | 2 | 4.5 | none |
| 2. | ACFN 615 | Advanced Financial Accounting | 3 | 7 | None |
| 3. | ACFN 613 | Applied Econometrics for Accounting & Finance | 3 | 7 | None |
| 4. | ACFN 626 | Advanced Auditing | 2 | 4.5 | None |
| 5. | ACFN 622 | Advanced Taxation | 2 | 4.5 | None |
| 6. | ACFN 628 | Forensic Accounting and Ethics | 2 | 4.5 | None |
| 7. | ACFN 711 | Financial Markets and Institutions | 2 | 7 | None |
| 8. | ACFN 715 | Advanced Corporate Finance | 3 | 7 | ACFN 615 |
| 9. | ACFN 713 | Advanced Management Control System | 2 | 4.5 | None |
| 10. | ACFN 726-I | Thesis I | 3 | 7 | ACFN 631 |
| 11. | ACFN 724 | International Finance | 2 | 4.5 | ACFN 615 |
| 12. | ACFN 722 | Investment Decisions and Portfolio Management | 2 | 4.5 | None |
| 13. | MBA 631 | Research Methods | 2 | 4.5 | None |
| 14. | MBA 722 | Strategic Management | 2 | 4.5 | None |
| 15. | ACFN 726-II | Thesis II | 3 | 7 | ACFN 726-I |
| Total | 36 | 82.5 | ACFN 742a |
8. COURSE DETAILS
To be successful in pursuing an accounting career, today’s accounting graduates must possess a basic knowledge of the role of information systems in performing the accounting functions in contemporary business organizations and shall have sound understanding of how accounting information systems work. This course is, therefore, designed to provide you with the foundational knowledge you need to become more effective in discharging your roles as user, manager, auditor, designer, and consultant of accounting information systems. The course prepares you to play a more proactive and value-adding role in both providing and interpreting financial and non-financial information about organization activities. Technology is integral to accounting today.
Throughout the course, the focus will be on how IT affects business processes and controls so that you can identify new threats to internal control, determine measures to deal with those threats and redesign the underlying business processes, and assess adequacy of controls of the newly redesigned system. The course covers five major areas; namely conceptual foundation of AIS, control and audit of AIS, AIS applications, REA Data Model, and system development process. As part of the course, there will be some hands-on Accounting /ERP packages.
To be successful in pursuing an accounting career, today’s accounting graduates must possess a basic knowledge of the role of information systems in performing the accounting functions in contemporary business organizations and shall have sound understanding of how accounting information systems work. This course is, therefore, designed to provide you with the foundational knowledge you need to become more effective in discharging your roles as user, manager, auditor, designer, and consultant of accounting information systems. The course prepares you to play a more proactive and value-adding role in both providing and interpreting financial and non-financial information about organization activities. Technology is integral to accounting today.
Throughout the course, the focus will be on how IT affects business processes and controls so that you can identify new threats to internal control, determine measures to deal with those threats and redesign the underlying business processes, and assess adequacy of controls of the newly redesigned system. The course covers five major areas; namely conceptual foundation of AIS, control and audit of AIS, AIS applications, REA Data Model, and system development process. As part of the course, there will be some hands on Accounting /ERP packages.
This module aims to provide a through grounding in a number of key advanced financial statements; Accounting for foreign currency transactions & Translation; International convergence of IFRS; Analysis of foreign consolidated financial statements; Bankruptcy: Liquidation and reorganization; and Inflation Accounting.
Applied Econometrics for Accounting and Finance intends to introduce advances in financial econometrics during the last two decades, which has resulted in an increasing number of sophisticated models, which characterize stock market prices and returns. This course provides students with the opportunity to develop specialized quantitative skills and gain an understanding of these financial econometric models.
This course presents two major areas namely Financial and Managerial Accounting. The Financial Accounting part includes basic accounting, budgeting, major assets, partnership and corporate Accounting, Managerial Accounting. The concepts of Cost, Cost Volume Profit Analysis and Accounting Information for Decision Making are covered in this course.
This course concentrates on case-analysis based on accounting IFRS, and auditing standards of Local, US ND INTERNATIONAL Standards on Auditing {ISA} of IAASB; Audit reports of local and international companies; Reflects and focus on fraud cases relating to violations of accounting principles, Ethics & professional responsibility, internal control systems, and fraud & inherent risk assessment. It emphasizes the substantial benefits of using real-life case examples in helping context in particular. The course covers IFRS and ISA, performance audit & audit standards in Ethiopia, internal control& IT environment, fraud cases relating to violation of accounting principles; ethics & professional responsibility; internal systems and Inherent Risk Assessment.
Advanced Taxation course is designed to provide students with a sound understanding of taxation in general and the Ethiopian tax system in particular. It will consider the problems and options in theory while at the same time providing some insight into the practical implications of taxes. Furthermore, this course intends to create awareness among students about the role of taxation in the financial management of businesses; and also to enable students appreciate the role and significance of taxation in economic development. The course will thus provide the skills necessary to appreciate the concepts and principles underlying the various aspects of a tax system.
This course is unique range of case studies, real examples and comprehensive coverage of the latest management control-related tools and techniques. It deals In-depth analysis of the relationship between management theory and practices, with references to a host of specific decision –making situations, Case studies and real-life examples drawn from an international range of firms and companies, including Toyota, Citibank, and Lincoln Electric, Coverage of ethical and multinational issues, across a variety of businesses, industries and not-for –profit organization and EVATm, as well as non-financial measures of performance, Discussion of the similarities and differences between management control and internal control, with reference to Sarbanes-Oxley and similar movements worldwide and Fresh emphasis on management control systems in relation to corporate governance.
In a market economy, the allocation of economic resources is driven by the outcome of many private decisions. In this process, the discovery of price is critically important. Prices are signals that direct economic resource to their best use. The course does relate the role financial resources to the macroeconomic development of a nation. Financial intermediaries and their role in a market led economy will be assessed. Moreover, the controversy on the extent of financial market regulation will be discussed. The course is also about Global Finance. The course tries to link domestic and international finance activities and processes.
This course provides a rigorous grounding in the theory and practice of corporate finance at an advanced level, and a thorough synthesis of the most important current research in corporate finance, with an emphasis on the applications of the principles. Both normative and positive aspects of the theory are examined, together with supporting descriptive and empirical evidence.
Course Description Forensic Accounting provides the most comprehensive view fraud investigation on the market. The course grounded firmly in real-world practice and includes a vast range of civil and criminal accounting fraud and related activities. From false business valuations and employer fraud to information security and counter-terrorism. The course presents three major theories of ethics, Plus applicable ethical decision –making models as well as opportunities to apply ethical models to real-world situations. Ethics coverage integrated throughout the course to understand this topic’s importance vis-a vis accounting fraud. It also deals the ethical commitment needed to ensure that work meets the highest standards of integrity, independence, and objectivity.
This course is designed to introduce students with basic security valuation theories and portfolio management. The focus is placed on understanding how rational investors select portfolios of securities in an attempt to meet a predetermined set of goals. This course covers broad overview of investments, investment environment, financial markets and instruments, security valuation theories (top-down and bottom up), risk and return relationship, portfolio construction and management strategies and technicalities, and finally efficient portfolio selection and management.