Acct & Finance Harmonized Curriculum 3RD Round Final

Wollo University
College of Business and Economics
Department of Accounting and Finance
Nationally Harmonized Curriculum for Undergraduate Degree Program
in Accounting & Finance
2012/13
Dessie-Ethiopia
EXECUTIVE SUMMARY
Name of the Degree Program: ACCOUNTING and FINANCE
Name of the Degree to be awarded: Degree of Bachelor of Arts in ACCOUNTING and

FINANCE
Degree to be awarded by: Subjected to the Approval of the Senate of Each University
Standard/Regular Period of Study: 3 Academic Years with 6 Semesters
Commencement of the Program: 2006 E.C. / 2013/14
Fees / Charges for Regular Students: Cost-sharing
Class Size: 35 – 40 Students
Mode of Delivery: Mixed

1. Background of the Program
Accounting as a profession had emerged following the ever increasing needs of mankind
in the social, economic and business environment. The accounting profession has
shown a continuous and tremendous growth in the business world. This evolution of
the accounting practice ranges from the ancient civilization periods of the Babylonians
and Egyptians when payments for daily workers were used to be calculated on clay, as
today’s practice where Computerized Accounting Information Systems that are used for
generation of financial information which is very useful for making reliable business
decisions. The significance as well as momentum of growth of the accounting discipline
has increased after the 18th century Industrial Revolution of the Great Britain which has
brought a series of radical changes in the Content, Concept and Context of many of the
professional fields, particularly those under the shadow of Business and Economics.
In the existing organizational dynamics and global integrations, the importance of vibrant
Accounting and Finance professionals is indisputable. The central role of accountancy and
finance in society make them interesting disciplines in their own right, especially for those
who are interested in how economic or financial activities of any economic players, both at
the micro and macro level, influences and structures our lives.
Over the past periods, the program has long been working on the conventional knowledge
based course based delivery system with its many drawbacks including lack of academic
coherence, poor assessment and evaluation, fragmented knowledge, poor quality and
relevance of the curriculum as a whole which could not produce highly qualified and
competitive graduates at the job markets.
The modularized curriculum constitutes modules and courses carefully designed to
transform the conventional academic incoherence approach to competence based
teaching/learning approach behind the modularization.
This curriculum of the program is developed based on similar notions of modularization
approach but harmonized nationally across the public Universities of Ethiopia.
2. Rationale of the program
Accounting and Finance as a profession had emerged in response to the social,
economic and business environment needs. The Accounting and Finance profession has
shown a continuous and tremendous growth in the business world. Accounting and
Finance, in the modern context of business, is a Financial Information and
Communication System that provides various groups of decision makers with valuable
and reliable information that makes a difference in their day-to-day business decisions.
The basic rationale of the program is attributed to the observed continuously
flourishing of different organizations in Ethiopia, along with the rapid pace of
development of Ethiopian economy over the past periods. Different countries in
general, and Ethiopia, in particular host various organizations: private, governmental,
profit making, non-profit making, service, manufacturing organizations, etc. The
business world is becoming increasingly complex and is facing new and greater
challenges continually. The Accounting and Finance profession, a key profession in
modern business society, will have to meet these challenges. Given the volatility of
events, the Accounting and Finance education program needs to provide new skills and
knowledge to Accounting and Finance graduates who enter the profession.
This program is designed to prepare students for careers in Accounting and Finance in
all economic sectors such as business, not-for-profit, and government
organizations. The areas of Accounting and Finance study are financial Accounting, cost
and managerial Accounting, tax Accounting, Accounting information systems,
Government and non-profit Accounting, Finance, and auditing. In addition to the above
mentioned input of the program, it combines and applies several supporting subject
fields including law, information technology, quantitative techniques and economics
pertinent to the accounting and finance agenda.
3. Rationale for Curriculum Review

Many scholars working for the quality of the world education strongly recommend that
curriculum should be flexible across time, place and discipline so that the practice of
curriculum design and delivery is based on the actual practice of countries development
capacity and updated technological demand/advancements. For this reason public
universities in Ethiopia are striving to design and implement a new modular based
approach to promote innovative curricula, assure quality education and produce competent
graduates that can make a difference in the overall progress of the country. Hence, all the
Ethiopian public universities in collaboration with the strong commitment of the Ministry
of Education have been intensively working to launch the modular curricula in the
academic year of 2012/13 (2005 EC).
There is consensus among curriculum scholars that the delivery system of the existing
accounting and finance curriculum followed disciplinary approach rather than focusing on
the competency of the students. The conventional curriculum constitutes many drawbacks
that it lacks academic coherence, not designed based on core competency based, fragment
knowledge, use poor assessment and evaluation, poor quality and relevance of the
curriculum as a whole which could not produce highly qualified graduates of accounting
and finance. In the Harmonized modularized curriculum, we can be able to cluster
scattered courses and deliver to build the core competencies. The proponents of modular
schemes have long argued for their advantages in terms of curriculum flexibility, short-term
assessment goals and increasing extrinsic motivation and engagement for students.
The old curriculum also focused on teachers’ engagement rather than students’
engagement and lacked natural flow and unity of ideas. Besides, the labor market shows the
growing and urgent needs to link academic learning with professional practice in the world
of work.
As a result, the revised curriculum, which shifts to modular system, attempts to address the
problems of the old curriculum. In addition to linking academic learning with professional
practice, the revised modularized, modular approach gives value for student’s independent
activities. Since the course sequences and coding are standardized, the revised curriculum
allows student to transfer freely within the country from one university to other.
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
4.2. Specific Objectives of the program
The program of Accounting and Finance has the following specific objectives:
 To produce graduates in its regular degree program to satisfy a portion of the
demand for accounting and finance graduates.
 To enhance the relevance and timeliness of instruction, as well as the technical
competency of the staff, by conducting applied research and developing innovative
educational materials and techniques.
 To provide students with sufficient academic, technical, logical, analytical, and
professional base from which to pursue a career in accounting and finance and to
advance to further study and a potential academic career in accounting and
finance
 To be a major provider of consultancy services to the public
 To 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
5. Graduate Profile and Professional Profile

5.1. Graduate Profile
Upon graduate from the program, the graduate from BA degree in Accounting and
Finance should have accounting and finance knowledge and understanding that enable
them to:
 Prepare, analyze, and interpret financial statements competently;
 Audit financial statements and the underlying accounting systems, controls and
records, and express an independent professional opinion about them;
 Identify, measure, gather, analyze, interpret and communicate cost and other types
of information to management for planning, control, performance measurement,
and decision making related to pricing, operating, investing, and financing activities;
 Identify and anticipate control risks both in manual and computerized accounting
systems, and to suggest and establish better controls to safeguard business
resources from risk exposures of illegal acts;
 Analyze and design accounting information systems, and use computer applications
in business transaction cycles;
 Develop the specific skills, modes of analysis and institutional background useful to
work in finance areas for profit-making businesses or not-for-profit enterprises
 Start and run their own business;
 Manage financial resource and risk exposures of business firms, manage financial
institutions, analyze investment opportunities and execute professional services in
investment institutions, brokerage & dealer firms and in investment banks;
 To conduct accounting and finance related research and to form linkage with various
accounting and finance oriented and research based institutions both locally and
abroad.
 Work clerical activities like, keeping general accounts, records and reports; payroll
processing and billings.
 Prepare tax return and perform tax plan
 Internalize an appreciation for the role of ethics in both the profession and the
business world.
 Be prepared for graduate studies, professional certification and advanced trainings
in accounting, auditing, finance, and management
5.2. Professional Profile

With additional training and work experience, the graduates of the program can pursue
careers and render professional services in the areas of accounting and finance in various
forms of organizations ranging from private, governmental and non-profit entities. After
successful compilation of the three years undergraduate program of accounting and
finance, students will be able to be:-
 Accounting clerks: Keeping general accounts, records and reports; payroll

processing and billings; Perform cost and managerial accounting and control, data
generation and supervisions; Disbursement voucher process and control; and bank
reconciliation and banking activities;
 Cost analysts: keep accounts of product costing and provide other relevant cost
information
 Auditor both internal and external: Work as an assistance auditor (both internal and
external ); Pre-audit inspection and investigation; Operational audit, partial financial
audit, cash audit, compliance audit, branch audit, interim reports audit, advance
clearance;
 Tax specialists- prepare tax return, work as internal revenue agents and tax
administrator.
 Information system designer and manipulator-Generating information which is of
financial and non-financial in nature necessary for management; and analyzing,
designing and installing accounting systems (manual or computerized).
 Financial management –running revenue and expenditure management capital
investment decisions; risk and insurance management and budgeting
 Financial analyst: financial planner, investment advisor, project coordinator;
rendering financial consultancy services.
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.
6.3. Degree Nomenclature
BA Degree in Accounting and Finance and the Amharic version is: የአርት ባችለር ዲግሪ
በአካውንቲንግና ፋይናንስ
6.4. Medium of Instruction

The medium of instruction for the program is English Language
6.5. Duration of the study
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
For course works
Continuous assessment like assignments; mid semester and final
examinations and seminars
 For Practical courses
Practical examination
 For thesis and seminars and reports presentation
Quality of paper presented
Way of presentation
Defending material presented
7. Teaching /Learning Methods and Mode of Delivery

Delivery- Depending on the nature of courses in the program, various mode of
delivery will be used:-
Lecture Method
Student Centered-Term paper, Case study, Group discussion, Presentation of
assignments, term papers, seminar and projects
Both Lecture and student centered-Lecture along with active student
participation, demonstration.
8. Grading System
The grading system for the courses of the program will be fixed scale as per the
University’s legislation and directions of Ministry of Education.
Raw Mark Corresponding fixed Corresponding Letter Remark

interval-100% number grade grade
[90, 100] 4.0 +
A
[83, 90) 4.0 A
[80, 83) 3.75 -
A
[75, 80) 3.5 +
B
[68, 75) 3.0 B
[65, 68) 2.75 -
B
[60, 65) 2.5 +
C
[50, 60) 2.0 C
[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 are as below
Academic
No. Name Sex Nationality Area of Specialization Remark
Rank
1 Dr. T.Nageswara Rao M Indian Ass. Professor M.com, PhD
2 Dr. N. Robindro Singh M Indian Ass. Professor M.com, PhD
3 Habtamu Gemeda M Ethiopian Lecturer M.Sc. in Finance & Investment
4 Yesuf Legas M Ethiopian Lecturer M.Sc. in Finance & Investment
5 Haimanot Walle M Ethiopian Lecturer M.Sc. in Accounting & Finance
6 Tsega Zemen M Ethiopian Lecturer M.Sc. in Finance & Investment
7 Solomon Molla M Ethiopian Lecturer M.Sc. in Accounting & Finance

8 Zinabu Gebru M Ethiopian Lecturer MBA in finance
9 Knife Yohannes M Ethiopian Lecturer M. Com.
10 Wondewosen Jemal M Ethiopian Lecturer M.Sc. in Accounting & Finance
11 Ahmed Fantaw M Ethiopian Lecturer M.Sc. in Accounting & Finance
12 Enyew Alemaw M Ethiopian Lecturer M.Sc. in Accounting & Finance
13 Hussien Fentaw M Ethiopian GAII B.Ed. MBA fellow
14 Eldana Cheru M Ethiopian GAII BA in Accounting M.Sc. fellow
15 Seid Mohammed M Ethiopian GAII BA in Accounting
16 Selamawit Lemachi F Ethiopian GAII BA in Accounting
Physical Facilities
The program of Accounting and Finance is expected to have the following physical facilities
Particulars Quantity
Number of Class Rooms
Number of Libraries
Total Seat Capacity of the Libraries
Number of Computer Labs
Total computers in the computer labs
Number of course-related books
Conference room
LCD Projector
Printer
Scanner
Duplication machine
Copier
Lap tops
10.Quality Assurance
The program will establish a system to monitor the educational quality of the program by
collecting feedback from the employers, academic staff members, students, and other
stakeholders. The program will also take all the necessary steps to enhance the quality of
education to be in line with international standards by improving the student-teacher
ratio, student-book ratio, and other requirements. The standard of exams offered by the
program and assessment methods used for each course will be examined periodically to
ensure that the students will meet the graduate profile upon graduation.
11.Module and Course Coding
11.1. Module Coding

Module coding used is alpha numerical. Accordingly,
 AcFn represents core courses.
 M represent module
 The first digit represents the year in which the Module is offered.
 The second two digits represent the module number in the program.
 The fourth digit represents nature of the course offered in that module. (1
represents core courses, 2 represents Supportive courses and 3 represents general
foundation courses)
11.2. Course Coding

Course codeused is alpha numerical. Accordingly,
 AcFn represents core courses.
 The first digit represents the year in which the course is offered.
 The second two digits represent the module number in which the course is included.
 The fourth digit represents the alphabetic sequence of the core course offered
among other course in that module.
12.List of Modules and Courses
12.1. Major Modules and courses
Mod Module Title Module Course Title Course Cr CP(1 Total

ules code Code Hr crhr= work
No 1.579 load(1cp
) = 27 hr)
M3 Basics of AcFn- Principles of AcFn1031 4 6 162
Accounting and M1031 Accounting I
Reporting Principles of AcFn1032 4 6 162
Accounting II
8 12 324
M8 Financial AcFn- Financial AcFn2081 4 6 162
Accounting and M2081 Accounting I
Reporting Financial AcFn2082 4 6 162
Accounting II
8 12 324
M9 Cost and AcFn- Cost and AcFn2091 3 5 135
Managerial M2091 Management
Accounting Accounting I
Cost and AcFn2092 3 5 135
Management
Accounting II
6 10 270
M10 Corporate AcFn- Financial AcFn2101 3 5 135
Finance M2101 management
I
Financial AcFn2102 3 5 135
management
II
6 10 270
M20 Project and AcFn- Project AcFn3202 3 5 135
Investment M3201 Analysis and
Analysis Evaluation
Investment AcFn3201 2 3 81
analysis and
portfolio
management
5 8 216
M16 Auditing and AcFn- Auditing AcFn3161 3 5 135

Assurance M3161 Principles
Services and Practices
I
Auditing AcFn3162 3 5 135
Principles
and Practices
II
6 10 270
M12 Non-Profit Sector AcFn- Government AcFn2121 2 3 81
Accounting M2121 and Non-
profit
Accounting
Ethiopian AcFn3122 2 3 81
Government
Accounting
4 6 162
M11 Financial AcFn- Financial AcFn2112 2 3 81

Institutions M2111 Markets and
Institutions
Banking AcFn2113 2 3 81
Principles
and Practices
Risk AcFn2111 3 5 135
Management
and
Insurance
7 11 297
M17 Public Finance AcFn- Public AcFn3171 3 5 135
and Taxation M3171 Finance and
Taxation
3 5 135
M15 Advanced AcFn- Advanced AcFn3151 4 6 162
Financial M3151 Financial
Accounting Accounting
4 6 162
M13 Research in AcFn- Research AcFn2131 3 5 135
Accounting and M2131 methods in
Finance Accounting &
Finance
3 5 135
M22 Senior Research Senior AcFn3221 1 2 54

Research
Project I
Senior AcFn3222 2 3 81
Research
Project II
3 5 135
M18 Accounting AcFn- Accounting 3 5 135
Information M3181 Information AcFn3181
Systems Systems
Accounting AcFn3182 2 3 81
Software
Application
5 8 236
M4 Quantitative AcFn- Mathematics AcFn1041 4 6 162
and Computing M1041 for Finance
Methods for Statistics for AcFn1043 4 6 162
Finance Finance
Fundamental AcFn1042 2 3 81
s of
Information
Systems
1 15 405
0
SUB TOTAL FOR MAJOR COURSES 7
8 123 191
12.2. Supportive Modules and Courses

Modul Module Title Module Course Title Cour Cr CP(1 Total
es No code se Hr crhr=1. Work
Code 579) Load
(1cp = 27
hr)
M5 Basic Mgmt Introduction Mg 3 5 135
Management - to mt10
Concepts M105 Management 51
2 Principles of Mg 2 3 81
Marketing mt10
52
5 8 216
M20 Business Law- Business Law 3 5 135
Law M320 Law 3201
2
3 5 135
M14 Entrepreneu Mgmt Entrepreneu Mgm 3 5 135
rship and - rship t214
Strategy M214 1
2 Strategic Mgm 2 3 81
Management t214
2
5 8 216
M19 Operations Mgmt- Operation Mg 3 5 135
Management M3192 Management mt31
91
3 5 135
M7 Economics Econ-Microecono Econ 4 6 162
M107 mics 1071
2 Macroecono Econ 3 5 135
mics 2072
SUB TOTAL FOR SUPPORTIVE COURSES 23 37 60
12.3. Foundation Modules and Courses
Modules Module Module Course Title Course Cr CP(1 Total

No Title code Code Hr crhr=1.579) work
load(1cp
= 27 hr)
M1 Basic EnLa-
English M1013 Communicative
Skills English Skills EnLa1011 3 5 135
Basic Writing
Skills EnLa1012 3 5 135
6 10 270
M2 Civics and CvEt- Civics and CvEt1021 3 5 135
Ethics M1023 Ethical
Education
3 5 135
M6 Psychology Psyc- Introduction to
M1063 Psychology Psyc1061 3 5 135
3 5 135
SUB TOTAL FOR FOUNDATION COURSES 12 20 32
13.Course Break Down
13.1.Year I Courses
Course Title Cr. Et Module Course Mode

Hr CT Code Code Delivery
s S
YEAR I, SEM I
Principles of AcFn- AcFn1031 Semester
Accounting I 4 6 M1031 Based
Introduction to Mgmt- Mgmt1051 Semi-Blocked
Management M1052
3 5
Mathematics for finance AcFn- AcFn1041 Semester
4 6 M1041 Based
Introduction to Psyc- Psyc1061 Semi-Blocked
Psychology 3 5 M1063
Communicative English EnLa- EnLa1011 Semester
Skills 3 5 M1013 Based
Fundamentals of AcFn- AcFn1042 Semester
Information Systems 2 3 M1041 Based
19 30
YEAR I, SEM II
Principles of AcFn- AcFn1032 Semester
Accounting II 4 6 M1032 Based
Statistics for finance AcFn- AcFn1043 Semester
4 6 M1041 Based
Principles of Marketing Mgmt- Mgmt1052 Semi-
2 3 M1052 Blocked
Microeconomics Econ- Econ1071 Semester
4 6 M1072 Based
Basic Writing Skills EnLa- EnLa1012 Semester
3 5 M1013 Based
Civics and Ethical CvEt- CvEt1021 Semi-Blocked
Education 3 5 M1023
20 31
13.2.Year II Courses

s S
YEAR II, SEM I
Financial Accounting I AcFn- AcFn2081 Semester
4 6 M2081 Based
Cost and Management AcFn- AcFn2091 Semester
Accounting I 3 5 M2091 Based
Risk Management and AcFn- Semester
Insurance 3 5 M2111 AcFn2111 Based
Financial Management I AcFn- AcFn2101 Semester
3 5 M2101 Based
Macroeconomics Econ- Econ2072 Semi- Block
3 5 M1072
Financial Institutions AcFn- AcFn2112 Semi-Block
and Markets 2 3 M2111
18 29
YEAR II, SEM II
Financial Accounting II AcFn- AcFn2082 Semester
4 6 M2081 Based
Cost and Management AcFn- AcFn2092 Semester
Accounting II 3 5 M2092 Based
Financial Management II AcFn- AcFn2102 Semester
3 5 M2101 Based
Banking Principles and AcFn- AcFn2113 Semi-Block
Practices 2 3 M2111
Government and Non- AcFn- AcFn2121 Semester
profit Accounting 2 3 M2121 Based
Research Methods in AcFn- AcFn2131 Semester
Accounting & Finance 3 5 M2131 Based
Mgmt – Mgmt-2141 Semi-Block
Entrepreneurship 2 3 M2142
19 30
13.3.Year III Courses

s S
YEAR III SEM I
Advanced Financial AcFn- AcFn3151 Semester
Accounting 4 6 M3151 Based
Auditing Principles and AcFn- AcFn3161 Semester
Practices I 3 5 M3161 Based
Ethiopian Government AcFn- AcFn3122 Semester
Accounting 2 3 M2121 Based
Accounting Information AcFn- AcFn3181 Semester
Systems 3 5 M3181 Based
Strategic Management Mgmt- Mgmt3142 Semester
M2141 Based
3 5
Senior Research Project AcFn- AcFn3221 Semester
I 1 2 M3221 Based
Public Finance & AcFn- AcFn3171 Semester
Taxation 3 5 M3171 Based
19 31
YEAR III SEM II
Operations Mgmt- Mgmt3191 Semester
Management 3 5 M3192 Based
Business Law Law- Law3201 Semi-Block
3 5 M3202
Auditing Principles and AcFn- AcFn3162 Semi-Block
Practices II 3 5 M3161
Project Analysis & AcFn- AcFn3202 Semester
Evaluation 3 5 M3201 Based
Senior Research Project AcFn- AcFn3222 Semester
II 2 3 M3221 Based
Accounting Software AcFn- AcFn3182 Semester
Application 2 3 M3181 Based
Investment Analysis AcFn- AcFn3201 Semester
and Portfolio M3201 Based
Management 2 3
Semester
Operation Research 2 3 Based
20 32
14.Module Handbook

Module Number/Title M3. Basics of Accounting and Reporting
Objective of the Upon the successful completion of this module, students

module should be 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
Total ETCTS and ETCTS: 12

Credit Hours of the Credit Hours: 8
module
Courses of the Module
Course Number Course Name Cr. CP/ETCTS
Hr
AcFn 1031 Principles of Accounting I 4 6
AcFn 1032 Principles of Accounting II 4 6

Module Number/Title M8. Financial Accounting and Reporting
Objective of the module Upon the successful completion of this module, students
should be able to:
 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
Total ETCTS and Credit ETCTS: 12

Hours of the module Credit Hours: 8
Hr
AcFn 2081 Financial Accounting I 4 6
AcFn 2082 Financial Accounting II 4 6
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
Hr
AcFn1042 Fundamentals of Information 2 3
Systems
AcFn 1041 Mathematics for Finance 4 6
AcFn 1043 Statistics for Finance 4 6
Module Number/Title M9. Cost and Management Accounting
 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

module
Hr
AcFn 2091 Cost and Management 3 5
Accounting I
AcFn 2092 Cost and Management 3 5
Accounting II
Module Number/Title M10. Corporate Finance
 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;
module
Hr
AcFn 2101 Financial Management I 3 5
AcFn 2102 Financial Management II 3 5
Module M11. Financial Institutions
Number/Title
Objective of Upon the successful completion of this module, students should be
the module able 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
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
Module M12. Non-Profit Sector Accounting
Number/Title
Objective of the Upon the successful completion of this module, students should be
module able 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
Hours of the
module
Number Hr
AcFn 2121 Government and Non-profit Accounting 2 3
AcFn 3122 Ethiopian Government Accounting and 2 3
Financial Management
Module M13. Research in Accounting and Finance
Number/Title
the module able 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
and Credit Credit Hours:
Hours of the
module
Number Hr
AcFn 2131 Research Methods in 3 5
Accounting & Finance
Module Number/Title M16. Auditing and Assurance Services
 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
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
Module M20. Project and Investment Analysis
Number/Title
module able 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
Hours of the
module
Course Course Name Cr. Hr CP/ETCTS
Number
AcFn 3202 Project Analysis & Evaluation 3 5
AcFn 3201 Investment and Portfolio 2 3
Management
Module M18. Accounting Information Systems
Number/Title
module 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;
 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
Number
AcFn 3181 Accounting Information System 3 5
AcFn3182 Accounting Software Application 2 3
Module M22. Senior Research
Number/Title
module able to:
 Have foundation knowledge for scientific reasoning and
solutions for business problems
Total ETCTS and EtCTS: 5
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
Module Number/Title M17. Public Finance and Taxation
 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
Course Number Course Name Cr. CP/E
Hr TCTS
AcFn 3171 Public Finance & Tax Accounting 3 5
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
the module
Number
AcFn3151 Advanced Financial Accounting 4 6

Module Title Basic Management Concepts
Module Mgmt-M1052
Number
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
Total ETCTS ETCTS: 8

Hours of the
module
Number
Mgmt1051 Introduction to 3 5
Management
Mgmt1052 Principles of Marketing 2 3

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.

module
Mgmt2141 Entrepreneurship 3 5
Mgmt2142 Strategic Management 2 3
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.
the module
Number
Law3201 Business Law 3 5
Module Title Operation Management
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.
module
Mgmt3191 Operation Management 3 5
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.
the module
Number
CvEt1021 Civics and Ethical Education 3 5

Module Title Psychology
Module Psyc-M1063
Number
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.
Hours of the
module
Number
Psyc1061 Introduction to Psychology 3 5
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

the module
Number
EnLa1011 Communicative English Skills 3 5
EnLa1012 Basic Writing Skills 3 5
15.COURSE GUIDE BOOK
15.1. Major Courses

Module Number/Title M3. Basics of Accounting and Reporting
Objective of the Upon the successful completion of this module, students should
module be 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

module
AcFn 1031 Principles of Accounting I 4 6
AcFn 1032 Principles of Accounting 4 6
II
Course Number AcFn1031
Course Title Principles of Accounting I
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 basics of accounting and reporting of financial activities of
Course Objectives business organizations.
& Competences to Upon the successful completion of this course, the students will be
be Acquired expected to:
 Understand the role of Accounting in business and develop an
awareness of the accounting profession
 Understand the purpose of the financial accounting function
and standard financial accounting practices
 Summarize and apply basic financial accounting terms,
concepts, and principles.
 Define and apply accounting terminology, concepts, and
principles in analyzing, recording, and reporting basic business
transactions
 Take a series of transactions through the accounting cycle
 Analyze, record, and report transactions for service,
merchandising, and manufacturing businesses.
 Prepare financial statements
 Analyze accounting system design and control
 Apply accounting principles and control of cash and
receivables
Course Description This course is designed to provide introductory knowledge of
accounting principles, concepts, and practices. The course deals
with the processes involved in financial statements preparation
for service-giving businesses, merchandising businesses, and
manufacturing businesses. Topics covered includes the features of
accounting information, users of accounting information, nature of
financial statements, the double entry system, financial statements
preparation process including journals, ledgers, trial balance,
adjustments, worksheets, accruals, adjusting and closing entries,
and the accounting system. This course provides a foundation for
more advanced work in the fi0elds of Accounting and business. All
topics are studied in accordance with the provisions of
International Financial Reporting Standards (IFRS)
WEEKS Course Contents Reading
1. Introduction to Accounting and Business Fees and warren

1.1. The nature of a business pp.1-47,466-503,
1.2. The role of accounting in business
1.3. The profession of Accounting
1.4. Types of business organizations
1.5. Accounting principles and practices
(IFRS)
1.6. The accounting equation and elements
of the equation
1.7. Business transactions and financial
statements
2. Accounting cycle for service-giving Fees and warren
business pp.49-137
2.1. Characteristics of an account
2.2. Classification of accounts
2.3. Chart of accounts
2.4. Rules of debit and credit
2.5. Normal balances of accounts
2.6. Analyzing and recording transactions
2.7. Preparing a trial balance
2.8. The usefulness and limitations of a trial
balance
2.9. The adjusting process-accrual vs. cash
basis of accounting
2.10. Preparing a worksheet
2.11. Preparing financial statements from a
worksheet
2.12. Adjusting and closing entries
2.13. Post-closing trial balance
3. Accounting cycle for merchandising Fees and warren
business pp.138-167
3.1. Characteristics of merchandising
business
3.2. Accounting for purchases of
merchandises
3.3. Accounting for sales of merchandises
3.4. Merchandise transactions using
perpetual and periodic inventory
systems
3.5. Chart of accounts for a merchandising
business
3.6. Financial statements for a
merchandising business
3.7. Adjusting and closing entries for a
4. Accounting for manufacturing businesses
4.1. Characteristics of manufacturing
business
4.2. Classification of manufacturing costs
4.3. Product costing systems
4.4. Chart of accounts for a manufacturing
business
4.5. Recording the flow of costs through
production process
4.6. Financial statements for a
manufacturing business
4.7. Adjusting and closing entries for a
5. Accounting Systems
5.1. Manual and computerized Accounting
systems Fees and warren
5.2. Subsidiary ledgers and controlling pp.224-276
accounts
5.3. Special journals
6. Cash and Receivables Fees and warren
6.1. Internal control over cash pp.280-314, 316-
6.2. Bank reconciliation 347
6.3. Petty cash and change funds
6.4. Classifications of receivables
6.5. Internal control of receivables
6.6. Accounting for uncollectible accounts
6.7. Accounting for notes receivable
6.8. Factoring Receivables
6.9. Presentation of cash and receivables on
the balance sheet
Teaching & Learning The teaching and learning methodology include lecturing,
Methods/strategy discussions, 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/Evaluati The evaluation scheme will be as follows:

on Component Weight coverage
Test 1 15% Chapter 1 & 2
Test 2 15% Chapter 3
Assignment 1 5% Chapter 1 &2
Assignment 2 5% Chapter 3 & 4
Quiz 1 5%
Quiz 2 5%
Final Exam 50% All chapters
Work load in hours
Hours Required
Asses Self- Assig Adv Tota ECT
Lecture smen Tuto Studie nmen isin l Hrs S
s Lab ts rials s t g
64 - 22 12 64 - - 162 6
Roles of the He/she will come to the class regularly on time and
Instructor 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.
Course AcFn1032
Number
Course Title Principles of Accounting II
Degree BA degree in accounting and finance
Program
Module Basics of Accounting and Reporting
Module
Coordinator
Lecturer
ETCTS Credits 6
Contact Hours 4
(per week)
The course has the general objective of introducing students to the
accounting basics of recognizing, measuring, and reporting common
Course balance sheet items.
Objectives & Upon the successful completion of this course, the students will be
Competences expected to:
to be Acquired  Analyze and record payroll transactions in Ethiopian context.
 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
Course This course is a continuation of Principles of Accounting I. The course is

Description designed to introduce students to the application of accounting
principles and concepts to major balance sheet items. The specific topics
includes internal control over cash, accounting for receivables,
accounting for inventories, accounting for current liabilities, accounting
for plant asset, natural resources and intangibles and accounting for
businesses organized as partnerships and companies as per Ethiopian
Commercial Code.
1. Inventories Fees and warren
1.1. Internal control of inventories pp.349-384
1.2. The effect of inventory errors on the
financial statements
1.3. Inventory cost flow assumptions
1.4. Inventory costing methods under a
perpetual and periodic inventory system
1.5. Valuation of inventory at other than cost
1.6. Estimating inventory costs
1.7. Presentation of merchandise inventory
on the balance sheet
2. Plant Assets and Intangible Assets Fees and warren
2.1. Nature of plant assets pp.387-424
2.2. Accounting for depreciation
2.3. Capital expenditures and revenue
expenditures
2.4. Disposal of plant assets
2.5. Leasing of plant assets
2.6. Internal controls of plant assets
2.7. Intangible Assets
2.8. Natural resources
2.9. Presentation of fixed assets and
intangible assets on the balance sheet
3. Current Liabilities Fees and warren
3.1. The nature of liabilities pp.426-460
3.2. Short-term notes payable
3.3. Ethiopian Payroll System
3.4. Presentation of liabilities on the balance
sheet
4. Accounting for Partnerships Fees and warren
4.1. Basic characteristics of partnership PP.505-534
4.1.1. As per the Ethiopian Commercial
Code
4.1.2. As per USA Partnership Act
4.2. Equity reporting for partnerships
4.3. Formation of partnerships
4.4. Dividing partnership net income and net
loss
4.5. Admission of new partners
4.6. Withdrawal or death of partners
4.7. Liquidating partnerships
5. Accounting for Corporations Fees and warren
5.1. Basic characteristics of PP.537-564
Corporations/Share Companies and PLCs/
5.1.1. As per the Ethiopian Commercial
Code
5.1.2. As per USA Corporate law
5.2. Classes of shares (Ethiopia vs. USA)
5.3. Issuing shares (Ethiopia vs. USA)
5.4. Treasury stock transactions (Ethiopia vs.
USA)
5.5. Accounting for dividends (Ethiopia vs.
USA)
5.6. Earnings per common share
5.7. Reporting shareholders’ equity on the
balance sheet (Ethiopia Vs USA)
Hours Required
Total
Asse Self- Assi Hour ECTS
Lectu La ssme Tutori Studi gnm Advisi s
res b nts als es ent ng
64 - 22 12 64 - - 162 6
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at
Methods/strate the end of each chapter for submission within a week. Solution to the
gy 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/Ev The evaluation scheme will be as follows:

aluation Component Weight coverage
Test 1 15% Chapter 1 & 2
Test 2 15% Chapter 3
Assignment 1 5% Chapter 1 &2
Assignment 2 5% Chapter 3 & 4
Quiz 1 5%
Quiz 2 5%
Final Exam 50% All chapters
Work load in
hours
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 The success of this course depends on the students’ individual and
students 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  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.

Module M4. Computing and Quantitative Methods for Finance
Number/Title
the module able to:
 Explain the fundamental information technology concepts that
 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
Hours of the
module
Number
AcFn1042 Fundamentals of Information 2 3
Systems
AcFn 1041 Mathematics for Finance 4 6
AcFn 1043 Statistics for Finance 4 6
Course Information
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  Differentiate the various techniques of mathematics that can be
to 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.
1. Linear Equations and Their Interpretative Bowen (page 1- 51)
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
2. Matrix Algebra And Its Applications Bowen (Page 133-
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 - 452 and 383-423)
logarithmic 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-
5.1. Differential Calculus 559 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
Methods/strategy 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/Eval
uation The evaluation scheme will be as follows:
Test 1 Test 2 Test 3 Quiz1 Assignment Final Total
1
10% 10% 10% 10% 10% 50% 100%
Ch. Ch. Ch. Ch. 5 - All
1 2 3-4 Chap
Work load in hours
Hours Required
Total
Self- ECTS
Hrs
Lectures Lab Assessments Tutorials Studies Assignment Advising
64 - 22 12 64 - - 162 6
Roles of the He/she will come to the class regularly on time and deliver the
Instructor 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 are given. He/she is also
students 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 • 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
Course Information
Course AcFn1042
Number
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 To bring the students to a practical level of competency in business
Objectives & related IT tools, including word processing, spreadsheets and
Competences to 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.
spreadsheets and make a presentation.
Course To introduce students to the fundamental aspects of IT in business,
Description including hardware, software, data storage technologies and the
theoretical basis for understanding how systems work and interact.
1. Fundamentals of Information Systems Bocij, Chaffey,
1.1. Data and information Greasley&
1.2. Attributes of Information, Hickey,
1.3. Business Information,
1.4. Information and decision making
2. Hardware and Software Fundamentals Bocij, Chaffey,

2.1. Hardware Greasley&
2.2. Software Fundamentals Hickey,
3. Basic application software Bocij, Chaffey,
3.1. Word Processing, Greasley&
3.2. Spreadsheets, Hickey,
3.3. Presentation software
3.4. Introduction to Internet
to present in a class room. The full and active participation of students
is highly encouraged.
aluation Test Test Test Quiz1 Assignment Final Total
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
hours Hours Required
Total
Self- ECTS
Hrs
64 32 22 - 64 - - 162 6
he/she gives reading assignment for the next class. He/she will make
sure that proper assessments are given. He/she is also responsible to
give feedback for each assessment.
could contribute effectively to class discussions. Students must attempt
individual knowledge and understanding. Copying the works of others
is considered as serious offence and leads to disciplinary actions.
Text and Text Book:
reference 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
Course Information
Course AcFn1043
Number
Course Title Statistics for Finance
Degree BA Degree in Accounting and Finance
Program
Module Computing and Quantitative Method for Business
Module
Coordinator
Lecturer
ETCTS Credits 6
Contact Hours 4
(per week)
Course The objective of this course is thus to discuss the theoretical aspects of
Objectives & statistics and then focus on its practical applications in business
Competences to decision making, which modern managers and decision makers are
be Acquired 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
Description years 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.
1. Statistics Refresher Gupta, .P. Statistical
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. Probability And Probability Distribution Bowen Earl, Basic
2.1. Basic definitions of probability Statistics for
2.2. Fundamental concepts: Business and
experiment and event, event and their Economics.Ch. 5
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
3. Sampling & Sampling Distributions Bowen Earl, Basic
3.1. Sampling Theory Statistics for
3.1.1. Basic Definitions Business and
3.1.2. The need for samples Economics. Ch.9
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
3.2. Sampling Distributions

3.2.1. Definitions
3.2.2. Sampling distributions of the
mean and proportion
3.2.3. Sampling distribution of the
difference between two means
and two proportions
4. Statistical Estimations Basic Statistics for
4.1. Basic concepts Business and
4.2. Point estimators of the mean and Economics.
proportion
4.3. Interval estimators of the mean
and proportion
4.4. Interval estimation of the
difference between two independent
means (concept and formula)
4.5. Student's t-distribution
4.6. Determining the sample size
5. Hypothesis Testing Bowen Earl, Basic
5.1. Basic concepts Statistics for
5.2. Steps in Hypothesis testing Business and
5.3. Type I and type II errors Economics.
(concepts) Chapter 10
5.4. One tailed \IS two tailed
hypothesis tests
5.5. Hypothesis testing of:
5.6. Population mean, proportion
5.7. The difference between two
means and two proportions
6. Chi-Square Distributions Bowen Earl, Basic
6.1. Areas of application Statistics for
6.2. Tests for independence between Business and
two variables Economics. Ch.14
6.3. Tests for the equality of several
proportions
6.4. Goodness- of fit tests (Binomial,
normal, Poisson)
7. Analysis Of Variance Bowen Earl, Basic
7.1. Areas of application Statistics for
7.2. Comparison of the mean of more Business and
than two populations Economics. Ch.14
7.3. Variance test
8. Regression And Correlation Bowen Earl, Basic
8.1. Linear correlation Statistics for
8.1.1. The coefficient of correlation Business and
8.1.2. Rank correlation coefficient Economics. Ch.14
8.2. Simple linear regression
8.3. curve fitting, the method of least
square, r2
is highly encouraged
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
64 - 22 12 64 - - 162 6
sure that proper assessments is given. He/she is also responsible to
Text and Text Book:
reference books  Anderson. Statistics for Business and Economics
Reference Books
 Lino Douglas A. and Robert D. mason. Basic statistics for
Business and Economics.

Module M8. Financial Accounting and Reporting
Number/Title
module able to:
 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

Hours of the
module
Number
AcFn 2081 Financial Accounting I 4 6
AcFn 2082 Financial Accounting II 4 6
Course Information
Course AcFn 2081
Number
Course Title Financial Accounting I
Program
Module Financial accounting and reporting
Module
Coordinator
Lecturer
ETCTS Credits 6
Contact Hours 4
(per week)
Course The course is designed to give students a thorough understanding of
Objectives & the framework, concepts and techniques of accounting that the
Competences to students will need to proceed with upper level courses in financial
be Acquired accounting.
Upon the successful completion of this course, the students will be
expected to:
 have an understanding of financial accounting concepts and IFRS
as they apply to the topics covered in this course;
 Demonstrate an awareness of the substance of and the standard-
setting process for international accounting standards;
 Perform the accounting functions of analyzing, recording and
reporting as accomplished by the accounting cycle and the
preparation of the primary financial statements
 Be able to explain and discuss the fundamentals of financial
reporting
 Understand the nature of financial statements and the inherent
limitations in their preparation and use
 Develop professional judgment in analyzing accounting issues and
recommending accounting policies;
 Develop skill in applying accounting standards to situations and
problems;
 Demonstrate the recognition, measurement, and reporting of cash,
receivables, and inventories
Course This course presupposes the students’ equipped with knowledge for
Description basic level of Accounting principles. In this course, emphasis is made on
accounting theory of financial statements, recognition criteria,
measurement, also reporting requirements of the elements of financial
statements are covered. Treatment of income, expense and the current
assets, with respect to the above, form the central objective of this
course.
1. Development of Accounting Principles and
Professional Practice
1.1. The environment of Accounting
1.2. Conceptual framework (FASB Vs
IFRS)
1.3. Objectives of financial reporting
1.4. Qualitative characteristics of
accounting information
1.5. Elements of financial statements of
business enterprise
1.6. Generally accepted accounting
principles.
1.7. Cash flow and income measurement
2. Summary of the Accounting process
2.1. Identifying and journalizing transactions
and other events
2.2. Posting transactions and other events
2.3. Trial Balance Preparation
2.4. Adjusting entries
2.5. Preparation of financial statements
2.6. Closing entries
2.7. Post-closing trial balance preparation
2.8. Reversing entries
3. Income Statement and Related Information
3.1. Usefulness and Limitation of the
income statement
3.2. Elements and formats of the income
statement
3.3. Retained earnings statement
3.4. Comprehensive income
3.5. Revenue recognition principle
3.6. Revenue recognition before and after
delivery
4. Balance Sheet and Statement of Cash Flows
4.1. Usefulness and Limitation of
Statement of Balance Sheet
4.2. Classification in the Statement of Balance
Sheet
4.3. Formats of Statement of Balance Sheet
4.4. Purpose of statement of cash flows
4.5. Content and formats of statement of cash
flows
4.6. Overview of the preparation of statement of
cash flows
4.7. Usefulness of statement of cash flows
4.8. Financial Statements and Additional
Information
5. Cash and receivables
5.1. Nature of cash and Cash control?
5.2. Reporting cash
5.3. Summary of cash-related items
5.4. Recognition and Valuation of accounts
receivables
5.5. Recognition and Valuation of notes
receivables
5.6. Special Issues Related to receivables
6. Inventories
6.1. Nature and classification of inventories
6.2. Physical goods and costs included in
inventory
6.3. Cost flow assumptions
6.4. LIFO, LIFO reserve, LIFO liquidation and
Birr-Value LIFO
6.5. Basis for selection of inventory methods
6.6. LCM and other special valuation methods
6.7. Inventory estimation methods
Teaching & The teaching and learning methodology include lecturing,

Learning discussions, problem solving, and analysis. Take-home assignment
Methods/strateg will be given at the end of each chapter for submission within a week.
y 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.

1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
64 - 22 12 64 - - 162 6
Text and Text Book:
reference books
Reference Books

Course Information
Course AcFn 2082
Number
Course Title Financial Accounting II
Program
Module Financial accounting and reporting
Module
Coordinator
Lecturer
ETCTS Credits 6
Contact Hours 4
(per week)
Course The course is designed in such a way that it gives targeted students in
Objectives & – depth understanding of theoretical & Practical framework and
Competences to principles of financial accounting. The exercises and problems that
be Acquired 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

Description the 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.
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
Methods/strategy will be given at the end of each chapter for submission within a week.
Solution to the assignments will be given once assignments are

1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
64 - 22 12 64 - - 162 6
Text and Text Book:
reference books
Reference Books

Module M9. Cost and Management Accounting
Number/Title
Objective of Upon the successful completion of this module, students should be able
the module 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

Hours of the
module
Number
AcFn 2091 Cost and Management Accounting I 3 5
AcFn 2092 Cost and Management Accounting II 3 5
Course Information
Course AcFn2091
Number
Course Title Cost and Management Accounting –I
Program
Module
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course After successfully completing this course, the students should be
Objectives & able to:
Competences to  Describe and make use of the basic principles and practices of
be Acquired cost accounting.
 Differentiate cost accounting , management accounting and
financial accounting
 Apply appropriate costing system to determine the cost of various
cost objects.
 Apply for spoilage, reworked units, and scrap in job and process
costing system.
 Determine cost of the product or service using job order costing ,
process costing and Activity Based Costing
 Distinguish variable and absorption costing as used in product
costing.
 Properly account for by products and joint product costs.
Course Modern businesses needs frequent information about business

Description activities to plan accurately for the future, control business results,
and make a proper appraisal of the performance of persons working
in an organization. The fulfillment of their goals requires details
about the costs incurred and benefits (revenues) obtained which are
provided by what is known as “Cost Accounting”. In Comparison,
financial accounting does not provide management with detailed cost
and revenue, information relevant to its needs.
The course deals with detailed concepts about cost accounting
practices, the theory and techniques of cost accounting. Cost behavior,
cost identification and analysis, system for establishing costs,
absorption and variable costing, cost allocation, managerial use of cost
data, modern costing system (Activity Based Costing) nature and
objective of management accounting.
1. Introduction
1.1 Purpose of an accounting system
1.2 The role of an accountant
1.3 Accounting and the management
process
1.4 Financial Accounting, cost accounting
and Management accounting.
1.5 Cost benefit philosophy and behavioral
considerations in management
Accounting systems
1.6 Management Accounting in service
organizations
1.7 Ethical considerations in Management
Accounting
2. Introduction to cost terms and cost
classifications
2.1 Cost in general
2.2 Cost object and cost driver
2.3 Cost accumulation, assignment and
trailing/Allocation.
2.4 Classification of costs
3 Job, process and operation costing
3.1 Concepts: costing system, cost pool,
cost allocation bases
3.2 Job order costing system features
3.3 Accounting procedures for job order
costing system.
3.4 Process costing system features
3.5 Job order costing system- - illustration
3.6 Process costing system
3.6.1. Illustration (WA & FIFO
methods)
3.6.2. Spread sheet application of
process costing
3.7 Problems of overhead application
3.8 Operations costing
4 Spoilage, reworked units and scrap

4.1 Spoilage, rework and scrap in general
4.2 Process costing and spoilage
4.3 Job order costing and spoilage
4.4 Reworked units
4.5 Accounting for scrap
5 Income Effect of Alternative product
Costing Methods
5.1 Variable and Absorption Costing
5.2 Role of various denominator levels
in absorption costing
5.3 Adjusting inventories for external
reporting
6 Cost Allocation
6.1. Cost Allocation –in General
6.2. General Purpose of Cost Allocation
6.3. Allocation for economic decisions
and motivations
6.4. Cost allocation Methods
6.5. The contribution approach to cost
allocation
7 Cost Allocation-Joint products and by
products
7.1. Concepts – Joint. Byproducts Joint
costs
7.2. Allocation of Joint costs
7.3. Accounting for byproducts
8 Practical application of cost accounting in
Ethiopian manufacturing firms (to be done
by students in the form of term paper)
to present in a class room. Practical application of cost accounting in
Ethiopian manufacturing firms (to be done by students in the form of
term paper). The full and active participation of students is highly
encouraged.
aluation
Test Test Test Quiz1 Assignment Final Total
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book:
reference 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)

Course Information
Course AcFn2092
Number
Course Title Cost and Management Accounting –I
Program
Module Cost and managerial accounting
Module
Coordinator
Instructor’s
Information
ETCTS Credits 5
Contact Hours 3
(per week)
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 The course builds on the knowledge acquired from the course entitled
Description 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.
1. Cost-Volume-Profit Relationships
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. The Master Budget
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
3. Flexible Budgets and Standards
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
4. Measuring Mix and Yield Variances
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
5. Decision-Making and Relevant Information
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
6. Pricing Decisions and Cost Management

6.1. Major influence on pricing decisions
6.2. Costing and pricing for the short run and long
run.
6.3. Cost plus target rate of return on investment
7. Decentralization and Transfer Pricing
7.1. Decentralization
7.2. Responsibility Center
7.3. Transfer Price
to present in a class room. Practical application of cost accounting in
Ethiopian manufacturing firms (to be done by students in the form of
term paper). The full and active participation of students is highly
encouraged.
aluation
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book:
reference 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)

Module M10. Corporate Finance
Number/Title
module 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;
and Credit Credit Hours:
Hours of the
module
Number
AcFn 2101 Financial Management I 3 5
AcFn 2102 Financial Management II 3 5
Course Information
Course AcFn 2101
Number
Course Title Financial Management I
Program
Module
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course The aim of the course is to expose students to the basic concepts and
Objectives & techniques of Financial Management. This course enhances students
Competences to understanding of corporate finance and to improve their ability to
be Acquired make decisions in the firm that create shareholder value. The course
emphasizes on financial decision making within the firm.
Course This course deals with fundamental financial concepts and principles.
Description 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
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
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 Liquidity ratios
2.1.2.2 Asset Management ratios
2.1.2.3 Profitability ratios
2.1.2.4 Debt management ratios
2.1.2.5 Market value ratios
2.2. Financial Forecasting
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)
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
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
to present in a class room.The full and active participation of students
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
hours
Hours Required
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book:
reference 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

Course Information
Course AcFn 2102
Number
Course Title Financial Management II
Program
Module
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course The basic objective of this course is to familiarize students with the
Objectives & basics of investment, financing and dividend decisions that are the
Competences to central thematic areas of finance profession.
be Acquired
Course This course is a continuation of Financial Management I. It emphasizes
Description on building and applying financial models, following the principle of
financial management, for planning and decision making purposes. It
explains with the help of the language of financial accounting, how top
management conducts systematic analysis, builds innovative plans,
understands and manages risk, and creates more profit, cash and value
for the organization. Topics included are: Introduction to a modeling
approach, financial accounting as the foundation for financial models,
cash flow models for planning, the cost of capital, capital budgeting and
strategy, and investment decisions and portfolio theory.
1. Dividend Policy and theory
1.1. Dividends- classification
1.2. Factors influencing dividend payments
1.3. Establishing dividend policy
1.3.1. Residual Dividend approach
1.3.2. Dividend stability
1.3.3. A Compromise
2. Principles of Working capital management
2.1. The concept of working capital
2.2. Operating and cash conversion cycle
2.3. Permanent and Variable Working Capital
2.4. Determinants of working capital
management
2.5. Financing Current Assets
3. Cash and Liquidity Management
3.1. Reasons for Holding Cash
3.2. Understanding Float
3.3. Cash Collection and Concentration
3.4. Managing Cash Disbursement
3.5. Investing Ideal Cash
3.6. Determining the target cash balance
4. Receivable Management
4.1. Credit and receivables
4.2. Terms of sale
4.3. Analyzing credit policy
4.4. Credit Analysis
4.5. Collection policy
5. Inventory Management
5.1. Introduction
5.2. Meaning & Nature of inventory
5.3. Benefits & costs of Holding Inventory
5.4. Inventory management techniques
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book:
reference 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

Number/Title
module able 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
Hours of the
module
Number
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 AcFn2113
Number
Course Title Bank practice and procedures
Program
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course At the end of this course students will be able to;
Objectives &  Understand those different services provided by banks for their
Competences to customers
be Acquired  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
Description procedure 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.
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
Methods/strateg the end of each chapter for submission within a week. Solution to the
y assignments will be given once assignments are collected. Cases with
Assessment/Ev
aluation The evaluation scheme will be as follows:
1 2 3 1
10% 10% 10% 10% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
32 - 10 12 27 - - 81 3
Text and Text Book:
reference books
Reference Books
Course Information
Course AcFn4092
Number
Course Title Financial Institutions and Market
Program
Module Financial Institutions
Module N0 and M11; AcFn-M4091
Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course This course provides students the essential knowledge required to
Objectives & understand the nature and role of the financial system in the economy
Competences to and the characteristics and operations of the major financial
be Acquired institutions.
Course Financial markets and institutions channel trillions of dollars through
Description 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.
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
aluation
Test 1 Test 2 Test 3 Quiz1 Assignment Final Total
1
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
32 - 10 12 27 - - 81 3
Text and Text Book:
reference books  Fabozzi, Frank J, Franco Modigliani, Frank J. Jones. Financial
Institutions and Markets. 3rd Edition, USA
Reference Books
 Saunders, Anthony and Marcia Millon Cornett. Financial
markets and institutions
 Rose, Peter S. Money and capital markets: The financial system
in an increasingly global economy. 5th Ed
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
 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
module
Number
AcFn3151 Advanced Financial Accounting 4 6
Course Information
Course AcFn3151
Number
Course Title Advanced Financial Accounting
Program
Module Advanced Financial Accounting
Module No and M15; AcFn-M3151
Code
Module
Coordinator
Lecturer
information
ETCTS Credits 6
Contact Hours 4
(per week)
Course After successfully completing this module, students will be able to:
Objectives &  Deal with accounting for joint ventures in general and
Competences to accounting for Public Enterprises(focusing on public
be Acquired enterprises in Ethiopia)
 Record, analyze and report financial information of enterprises
with sales agencies and branches
 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
Course Advanced Accounting gives due attention to the modern advanced
Description financial 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.
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

Methods/strategy will be given at the end of each chapter for submission within a
Assessment/Eva
luation The evaluation scheme will be as follows:
Test Test Test Case Assign Fina Total

1 2 3 Analysis ment l
1
10 10 10 10% 10% 50 100
% % % % %
Ch. Ch. Ch. 4 Ch. 5-7 Ch. 1- All Ch.
1 3 4
Work load in
Asses Self- Assig Adv Tota ECT
Lecture smen Tuto Studie nmen isin l Hrs S
s Lab ts rials s t g
64 - 22 12 64 - - 162 6
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 Larson. Advanced Accounting. 11th edition
Reference Books
 Richard E.Baker et al. Advanced Accounting. 7th Edition, FT
Prentice Hall- Financial Times, United Kingdom, 2004
 Hoyle, schaefer, & Doupink. Advanced accounting. 11 th Ed
 Public Enterprises Proclamation No. 25/1992
Module Title Project and Investment Analysis
Module M20
Number
Module code AcFn-M3201
module able 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
Hours of the
module
Number
AcFn 3131 Project Analysis & Evaluation 3 5
AcFn 3132 Investment and Portfolio 2 3
Management
Course Information
Course AcFn3202
Number
Course Title Project Analysis & Evaluation
Program
Module Project and Investment Analysis
Module No M20; AcFn-M3202
and Code
Module
Coordinator
Lecturer
Information
ETCTS Credits 5
Contact Hours 3
(per week)
Course This course aims to help students create an understanding of the
Objectives & processes, techniques, and procedures of project identification,
Competences to formulation, appraising, planning, organizing, and implementing. It also
be Acquired highlights the monitoring, evaluation and impact analysis concepts.
Course The course deals with the different stages of project management.
Description 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.
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
Assessment/Ev
Test Test Quiz1 Project Final Total

1 2 Paper
10% 15% 5% 20% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book:
reference books 
UNIDO Manual

Guidelines to project planning in Ethiopia.Development
Project Studies Authority. 13th
Reference Books

Prasana Chandra. Projects: planning, analysis, selection,
implementation, and review. 4th
Course Information
Course AcFn3201
Number
Course Title Investment and Portfolio Management
Program
Module Project and Investment Analysis
Module no and M20 ; AcFn-M3201
code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course The course will enable students to understand different investment
Objectives & avenues and aware of the risk return of different investment
Competences to alternatives and estimate the value of securities so as to make valuable
be Acquired investment decisions.
Course This course provides an overview of the field of investment .it explains
Description basic 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.
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

Assessment/Ev
1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
32 - 10 12 27 - - 81 3
Text and Text Book:
reference books 
Chandra, P.Investments Analysis Portfolio management. 3 rd
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
Module Title Non-Profit Sector Accounting
Module AcFn-M2121
Number
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
Hours of the
module
Number
AcFn 2121 Government and Non-profit 3 5
Accounting
AcFn 3122 Ethiopian Government Accounting 2 3
and Financial Management
Course Information
Course AcFn2121
Number
Course Title Government and Non-profit Accounting
Program
Module Non-Profit Sector Accounting
Module No M-12; AcFn-M2121
and Module
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course After successfully completing this course, the students should be able
Objectives & 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
Description concepts, 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.
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
7. Accounting for proprietary funds

7.1. Accounting principles of proprietary
funds
7.2. Financial statements of proprietary
funds
7.3. Illustrative entry for proprietary
propriety funds
7.4. Financial statements of proprietary
funds
8. Accounting for fiduciary funds

8.1 Features of fiduciary funds
8.2 Accounting principles of fiduciary funds
8.3 Accounting for agency fund
Accounting for trust funds
9. Accounting for other Not for Profit entities
8.4 Characteristics of Non-governmental
organizations
8.5 GAAP for NGOs
8.6 Financial reporting and accounting for
NGOs
8.7 Illustrative transactions for voluntary
healthcare and welfare organizations.
Assessment/Ev

1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in
hours Hours Required Total ECTS
Lectures Lab Assessments Tutorials Self- Assignment Advising Hrs
Studies
32 - 10 12 27 - - 81 3
Text and Text Book:
reference books  Accounting for Governmental and Non-Profit Entities, 12 th
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.
Course Information
Course AcFn3122
Number
Course Title Ethiopian Government Accounting and Financial Management
Program
Module Non-Profit Sector Accounting
Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
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.

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
2. General and subsidiary ledgers

2.1. Description of ledger
2.2. Structure and organization of ledgers
2.3. Recording entries in the ledger.
3. Recording common transactions of FGE
3.1. Cash withdrawn from bank to safe
3.2. Cash deposited in to bank from the safe
3.3. Cash transfer
3.4. Non-Cash transfers
3.5. Salary
3.6. Withholding tax
3.7. Grease period payables
3.8. Payable
3.9. Deposits
3.10. Receivables
3.11. Aid-in-Kind
3.12. Cash and check receipts by cashier
3.13. Cash imprest payments to cashier by
accountant
3.14. Cash payments by cashier
3.15. Cash payments by accountant
3.16. Recording foreign currency transaction
4. Monthly Reports
4.1. Revenue / Assistance/ Report
4.2. Recurrent expenditure Report
4.3. Capital Expeditor report
4.4. Transfer Report
4.5. Payable Report
4.6. Trial Balance
5. Financial reports and financial statements

5.1. Statement of Budgeted Revenue and
Expenditure
5.2. Statement of changes in cash position
5.3. The Balance sheet
6. FGE Financial Management
6.1. Objectives of Public Financial Management
6.2. Legal Framework of Public Financial
management
6.3. Federal Audit
6.4. Issues of FGE Public Financial Management

Assessment/Ev

1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
32 - 10 12 27 - - 81 3
Text and  Ethiopian Constitution
reference books  Federal Financial Administration Proclamation
 Federal Financial AdministrationRegulation
 MoFED Directives, manuals,
 Auditor General reports
Module Title M13. Research in Accounting and Finance
Module AcFn-M2131
Number
module to:
 Have foundation knowledge for scientific reasoning and solutions
for business problems
Hours of the
module
Number
AcFn 2131 Research Methods in Accounting & 3 5
Finance
Course Information
Course AcFn 2131
Number
Course Title Research Methods in Accounting & Finance
Program
Module M13. Research in Accounting and Finance
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Objectives & 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
 apply various methodologies of social research to solve Business
problems
 define The sources of data and data collection techniques
Course This course deals with the role of research; the method of scientific
Description 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.
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)

Assessment/Ev
Test Test Test Quiz1 Project Final Total

1 2 3 Assignment
10% 10% 15% 5% 10% 50% 100%
Work load in Hours Required

Total
hours Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
sure that proper assessments are given. He/she is also responsible to
Text and
reference books Reference Books
 Zikmund William G: Business Research Methods, 7th Edition,
2003.
 C. William Emory, Donald R. Cooper. Business Research
Methods, 4th ed., 1991.
 Wallace A. W., Accounting research methods: Do the facts
speak for themselves?
Module Title Accounting Information Systems
Module M18
Number
module to:
 Explain the fundamental Information Technology concepts that
spreadsheets and make a presentation;
 Have basic skill on the use of major accounting software
Hours of the
module
Number
AcFn 3181 Accounting Information System 3 5
AcFn3182 Accounting Software Application 2 3
Course Information
Course AcFn 3181
Number
Course Title Accounting Information System
Program
Module Accounting Information System
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 2
(per week)
Objectives & to:
Competences to • Analyze, document and evaluate business activities performed
be Acquired by firms with in major transaction cycles;
 Understand the models, techniques, and tools for Information
Systems Analysis and Design in general and AIS in particular;
 Develop skills in documenting Accounting Systems;
 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
Description require 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).
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

Assessment/Ev

1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 20 10 12 45 - - 135 5
Text and Text Book:
reference books  Romney and Steinbart, 2007: Accounting Information
Systems, 11thed, Prentice Hall, Inc.
(http://www.prenhall.com/romney)
Reference Books
 Bodnar and Hopwood, 1998. Accounting Information Systems, 7 th
Edition, Prentice Hall, Inc.
 A.Hall, 1998. Accounting Information Systems, 2 nd Edition, West
Publishing Co.
 Moscove and et. al., 1997. Core concepts of Accounting
Information Systems, 5th Edition, John Wiley and Sons, Inc.
 Hoffer and et. al., 1999. Modern Systems Analysis and Design, 2 nd
Edition, Addison Wesley Longman, Inc.
 Gelinas et al, 1999. Accounting Information Systems, 4 th Edition,
South Western Publishing Co. USA.
 Boockholdt, 1999. Accounting Information Systems, 5 th Edition,
Irwin/McGraw Hill.
 Jones Rama, 2003. Accounting Information System: A Business
Process Approach.
 Pressman, Rogers S., 2005. Software Engineering: A practitioner’s
approach.
 Whiten J.L; Bentley L.D; Dottman, K.C., 2000. System Analysis and
Design Methods.
Module Title Auditing and Assurance Services
Module M16
Number
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
Hours of the
module
Number
AcFn3161 Auditing Principles and Practices I 3 5
AcFn3162 Auditing Principles and Practices II 3 5
Course Information
Course AcFn 3161
Number
Course Title Auditing Principles and Practices I
Program
Module Auditing and assurance services
Module No M16, AcFn-M3161
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course At the end of the course students will be able to:
Objectives &  Understand the nature, types, and utility [to the society] of
Competences to 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 This course explores the underlying theories, procedures and practices
Description 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.
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

Assessment/Ev

1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book: Principles of Auditing and Practice
reference books
Reference Books
Course Information
Course AcFn3162
Number
Course Title Auditing Principles and Practices II
Program
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course At the end of the course the student is expected to:
Objectives &  Apply his knowledge of auditing theory, auditing standards,
Competences to techniques and procedures to practical situations commonly
be Acquired 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 The course builds on the knowledge gained in Auditing I. It covers an in
Description 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.
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

Assessment/Ev

1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book: Arens and Loebeck
reference books
Reference Books
Module Title M17. Public Finance and Taxation
Module AcFn-M3171
Number
module 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
relating to VAT, turnover tax, excise taxes, and custom duty
Hours of the
module
Number
AcFn 3141 Public Finance & Tax Accounting 3 5
Course Information
Course AcFn3171
Number
Course Title Public Finance & Tax Accounting
Program
Module Public Finance and Taxation
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course Upon the successful completion of this module, students should be able
Objectives & to:
Competences to  Discuss the essence of public finance and taxation in theory and
be Acquired in Ethiopian context
relating to the employment, business and other income taxes
relating to VAT, turnover tax, excise taxes, and custom duty
Course The course focuses on the taxing and spending activities of a
Description 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.
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
3. Public Finance in Ethiopia

3.1. Features of Ethiopian Federal Finance
3.2. Expenditure Assignment
3.3. Revenue Assignment
3.4. Intergovernmental Transfer
3.5. Borrowing
3.6. Trends of Ethiopian public revenues,
expenditures, grants, deficits, and debts
3.7. Budget and its process in Ethiopia
4. Ethiopian Tax System

4.1. Structure of Ethiopian Tax System and
Administration
4.2. Income Taxes
4.2.1. Schedule A Income
4.2.2. Schedule B Income
4.2.3. Schedule C Income
4.2.4. Schedule D Income
4.3. Consumption Taxes
4.3.1. Value-Added Tax
4.3.2. Turnover Tax
4.3.3. Excise Tax
4.4. Stamp duties
4.5. Foreign Trade Taxes
4.5.1. Custom duties
4.5.2. Import Procedures
4.5.3. Export Procedures
4.5.4. Sur-Tax

Assessment/Ev

1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
Self- ECTS
Hrs
48 - 10 12 55 - - 135 5
Text and Text Book:
reference books  Harvey S. Rosen, Public Finance, 4th edition, Richard D. Irwin, Inc.,
1995.
Reference Books
 JutiuYucelik M. and Percy W.Kierstead “Ethiopia: Presumptive
Taxation” IMF working Paper. December 1994.
 Richard A. Musgrave and Peggy B. Musgrave, Public Finance in
Theory and Practice, 2nd edition, McGraw Hill Inc. 1989.
 Taxation in Ethiopia. Ethiopian Chamber of Commerce Ethiopian
Business Development Services Network.Jan-2005.
 Various taxes Proclamations, Regulations,and directives.
Web Sites:
 http://www.erca.gov.et/
 http://www.mofed.gov.et/
Course Information
Course Title Risk Management and Insurance
Degree Program BA Degree in Accounting and Finance
Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per week)
Course Objectives After accomplishment of this course, students will be able to:-
& Competences to  Know basic concepts of risk
be Acquired  Explain the basic classification of risk
 Understand the principles of insurance
 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 Description Risk affects every aspect of an organization. The effects of risk are
not 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 risk presents 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 risks through various
risk handling tools, industrial safety, general principles of insurance
and major classes of insurance, reinsurance and development &
regulation of the insurance Ethiopia
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
Methods/strategy discussions, problem solving, and analysis. Take-home assignment
will be given at the end of each chapter for submission within a
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:
Test Test Test Quiz Assignme Fina Total

1 2 3 1 nt 1 l
10 10 15 5% 10% 50 100
% % % % %
Work load in hours
Hours Required
L Self- Total Hrs ECTS
Lect a Assess Tutor Stu Assign Advi
ures b ments ials dies ment sing
48 - 17 12 58 - - 135 5
Instructor 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 are given. He/she is also
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  Teklegiorgis Assefa (2004), Risk Management and
books Insurance, Mega Printing PLC, MekelleUniversity.
 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

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
management functions
 Describe marketing principles and concepts
 Explain the importance and role of product development and major
components of marketing

Hours of the
module
Number
Mgmt1051 Introduction to Management 3 5
Mgmt1052 Principles of Marketing 2 3
Course Information
Course Mgmt1051
Number
Course Title Introduction to Management
Program
Module Basic Management Concepts
Module No M5; Mgmt-M1052
and Code
Module
Coordinator
Lecturer
ETCTS 5
Credits
Contact 3
Hours (per
week)
Course The course enables students to:
Objectives &  Define the term management, basic concepts and principles of
Competences management.
to be  Explain the general overview of management in relation to its
Acquired importance, roles, skills and universality
 Acquire sound understanding of the nature and practice of
management
management functions.
Course This course focuses on the basic concepts and principles of management,
Description the functions of planning, organizing, staffing, directing and controlling,
and their relationships to key issues in management practices, such as
leadership and motivation. Decision making and effective communication
are also discussed.
1. Fundamentals Of Management
1.1. Definition of Management
1.2. Significance of Management
1.3. Managerial Functions an Overview
1.4. Levels of Management and Types of Managers
1.5. Managerial Roles and Skills
1.6. Universality of Management
1.7. Is Management an art, science, or profession?
2. Managerial Planning
2.1. Concepts and Need for planning
2.2. Types of plans
2.3. Planning process
2.4. Objectives
2.5. Planning Techniques
3. Decision Making
3.1. Meaning of decision making
3.2. Rational decision making process
3.3. Types (programmed and non-programmed
decisions).
4. The Organization Function
4.1. Concept of organizing and organization
4.2. Formal and Informal Organization
4.3. Organization chart
4.4. Departmentalization: Meaning and Bases
4.5. Span of Management
4.6. Authority and power: source of power
4.7. Line and staff authority
4.8. Delegation, centralization and
decentralization
4.9. Groups and Committees
5. Staffing And Organization
5.1. The procurement function
5.2. Training and development function
5.3. Maintenance and utilization
5.4. Separation
6. Directing Function
6.1. Meaning and the need for leadership
6.2. Concept and meanings of Leadership theories
6.3. Concept and meaning of Leadership Styles
6.4. Motivation
6.4.1. The concept of motivation
6.4.2. Theories of motivation
7. The Controlling Function
7.1. Meaning and need for control
7.2. Control process
7.3. Types of control
7.4. Techniques of control
7.5. Effective control system
Learning problem solving, and analysis. The full and active participation of
Methods/strat students is highly encouraged.
egy
Assessment/
Evaluation The evaluation scheme will be as follows:
Test Test Quiz Assignments Final Total
1 2
10% 10% 5% 25% 50% 100%
Work load in
Hours Required
hours
Total
Assess- Self- Assign- ECTS
Hrs
Lectures Lab ments Tutorials Studies ment Advising
48 - 17 - 58 12 - 135 6
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  C.B Gubta, “Business Organization and Management”, Sultan Chand &
books 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.
Course Information
Course Mgmt1052
Number
Course Title Principles of Marketing
Program
Module Basic Management Concepts
Module M5; Mgmt-M1052
Number and
Code
Module
Coordinator
Lecturer
ETCTS 3
Credits
Contact 2
Hours (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  Identify and analyze marketing environment
Acquired  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.
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
2. Marketing Environments
2.1. Meaning of marketing Environment
2.2. Internal and External Marketing
environmental Elements
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
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
5. Managing Marketing Mix Elements
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
Methods/strat the end of each chapter for submission within a week. Solution to the
egy assignments will be given once assignments are collected. Cases with
to present in a class room. The full and active participation of students is
highly encouraged.
Assessment/
Test Test Test Quiz Assignment Final Total

1 2 3
10% 10% 15% 5% 10% 50% 100%
Work load in
hours
Hours Required
Total
Assess- Self- Assign- ECTS
Hrs
32 - 10 - 27 12 81 6
Course Policy All students are expected to:

 Be active participants in class discussion, in doing assignments and in
presenting assignments and group works.
 Attend classes regularly. A student who failed to attend more than 15%
of the allotted class for the course will not sit for final exam.
 Switch off or make it silent of cell phones when joining the class.
 Be active in reading all materials since they will be part of either final
exam or assignments.
 Follow instructions in doing every activity provided accordingly.
Text and
reference Reference Books
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.

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.
module
Law3201 Business Law 3 5
Course Information
Course Number Law3201
Course Title Business Law
Module Business Law
Module Number M20; Law-M3202
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
Contact Hours 3
(per 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.
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
2. Legal Personality
2.1. The concept of the term "personality"
2.2. Physical Persons
2.3. Juridical persons
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
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
5. Law Of Negotiable Instruments
5.1. Definition
5.2. Bills of Exchange
5.3. Promissory Notes
5.4. Cheques
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
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
Methods/strategy discussions, 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
Assessment/Evalua
tion The evaluation scheme will be as follows:
Test Test Test Qui Assignmen Fina Total

1 2 3 z t l
10 10 15 5% 10% 50% 100
% % % %
Work load in hours

Hours Required
Total
Assess- Self- Assign- Hrs
48 - 17 58 12 - 135
Instructor 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.
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
Module Title Entrepreneurship and Strategy
Module Mgmt-M2142
Number
Objective of  To enhance the ability to analyze trends, production, marketing,
the 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.

Hours of the
module
Number
Mgmt2141 Entrepreneurship 3 5
Mgmt2142 Strategic Management 2 3
Course Information
Course Mgmt2141
Number
Course Title Entrepreneurship
Program
Module Entrepreneurship and Strategy
Module M14; Mgmt-M2142
Number and
Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course At the end of this course students will be able to:
Objectives &  Define entrepreneurship within the context of society;
Competences to organizations and individuals.
be Acquired  Understand more about the specific management issues involved
in setting up and running a small enterprise.
 Demonstrate an understanding of the impact of
entrepreneurship on the economy.
 Distinguish between an entrepreneurial and a conventional
approach to management.
 Recognize and overcome obstacles to creative problem-solving.
 Describe the element of an effective business model/plan.
 Develop a concept for an innovative product or service in his or
her own area of interest.
 Recognize that entrepreneurial success in the 21st century
depends on teamwork and diversity.
 Develop a personal framework for managing the ethical
dilemmas and social responsibilities facing entrepreneurs.
 Describe the leadership studies of entrepreneurs who have been
successful in different sectors (e.g., start-ups, corporations.
Community, public sector, etc.).
 Equipped with the basic knowledge and skills of starting and
operating a business for they will be the future managers (or
even Owner-managers) of these firms.
 Identify traits/characteristics of an entrepreneur/ entrepreneurs
as exhibited in behavior.
 Analyze elements of the entrepreneurial mind set and discuss the
implications for functioning as a successful entrepreneur.
Course This interdisciplinary course is designed to introduce students to the
Description concept of sustainable entrepreneurship, a manageable process that can
be applied across careers and work settings. It focuses on building
entrepreneurial attitudes and behaviors that will lead to creative
solution within community and organizational environments. Course
topics include the history of entrepreneurship, the role of entrepreneurs
in the 21st century global economy, and the identification of
entrepreneurial opportunities. The elements of creative problem
solving, the development of a business concept/model, the examination
of feasibility studies and the social /moral/ethical implication of
entrepreneurship will be incorporated. Issues related to starting and
financing a new venture are included.
1. Entrepreneurship and Free Enterprise
1.1. Definition and philosophy
1.2. History
1.3. Role within the economy
1.4. Entrepreneurship, creativity and
Innovation
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
4. Product and Service Concept

4.1. Product technology
4.2. Product development process
4.3. Product protection
4.3.1. Patents
4.3.2. Trademarks
4.3.3. Copyrighting
5. Marketing and new venture development

5.1. Marketing research
5.2. Marketing intelligence
5.3. Competitive analysis
5.4. Marketing strategies
5.5. International markets
6. Organizing and financing the new venture

6.1. Entrepreneurial team and business
formation
6.2. Sources of financing
6.2.1. Asset management
6.2.2. Equity Financing
6.2.3. Venture Capital
6.2.4. Debt financing
6.2.5. Government Programs
7. Managing Growth and transaction
7.1. Preparing for the launch of the venture
7.2. Managing early growth of venture
7.3. New venture expansion strategies and
Issues (Mergers, Acquisitions, licensing
and Franchising)
Methods/strateg the end of each chapter for submission within a week. Solution to the
y 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
Assessment/
Test Test Test Quiz Assignment Final Total

1 2 3
10% 10% 15% 5% 10% 50% 100%
Work load in
Total
48 - 10 - 58 19 - 135
Roles of the He/she will come to the class regularly on time and deliver the lecture
Instructor in a well-organized manner. Besides, he allows students to discuss and
reflect on issues raised in the class room. He/she is also responsible to
Text and Reference Books
reference books  Hailay Gebretinsae, Entrepreneurship and Small Business
Management, 2nd Edition.
 Hodgetts, Richard M. Kurakto, Donald F. “Entrepreneurship: A
contemporary approach “. Fourth Edition, the Dryden Press, 1998.
 Hirsh Robert D. and D. and Peters Michael P. “Entrepreneurship” Fifth
Edition, Tata McGraw Hill Edition, 2002.
 Holt David H. “Entrepreneurship – New venture Creation “Eastern
Economy Edition, 2000.
 Donald F. Kutatko and Richard M. Hodgetts, “Entrepreneurship: A
Cotemporary Approach” Fourth Edition.
Course Information
Course Number Mgmt2142
Course Title Strategic Management
Module Entrepreneurship and Strategy
Module Number M14; Mgmt-M2142
and Code
Module
Coordinator
Lecturer
ETCTS Credits 3
Contact Hours 2
(per week)
Course Objectives &  Know how to incorporate the claims of stakeholders in strategy
Competences to be 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.
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
4&5 3. The Business Mission

3.1. The importance of a clear mission
3.2. The nature of business mission
3.3. Components of a mission statement
5&6 4. External Environmental Analysis

4.1. The nature of external audit
4.2. Sources of external information
4.3. Forecasting tools and techniques
4.4. Competitive analysis: Porter’s five
forces model
7 5. Internal Environment Assessment

5.1. The nature of an internal audit
5.2. Relationship among the functional
areas of business
5.3.
8, 9, & 10 6. Strategy Analysis and Choice
6.1. The nature of strategy analysis and
choice
6.2. Long term objectives
6.3. A comprehensive strategy
formulation
6.4. The decision stage
6.5. BSC model
6.6. The 7’S model
12, 13, 14 & 15 7. Strategy Review, Evaluation and Control

7.1. The nature of strategy evaluation
8.2 A strategy evaluation
framework
7.2. Published sources of strategy
evaluation information
7.3. Characteristics of An effective
evaluation system
7.4. The contingency model
7.5. Strategic Control: Control Process
7.6. The nature of strategy
implementation
7.7. Key concepts in strategy
implementation
Methods/strategy discussions, problem solving, and analysis. The instructor takes
more of a facilitation role in case discussions and may act as one
of the participant.
Assessment/Evalua
tion The evaluation scheme will be as follows:
Quiz Quiz Test Case Assignme Fina Total

1 2 Analysi nt l
s
5 5 10 10% 20% 50 100
% % % % %
Work load in hours

Hours Required
Total
32 - 10 27 64 12 - 81
Course Policy Attendance: 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.
Assignments: you must do your assignment on time. No late
assignment will be accepted.
Test/Quizzes: you will have four short quizzes or 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.
Cheating: You must do your own work and do not copy and get
answer from someone else.
Reference books Reference Books
 Fred R. David, strategic management, sixth edition, Prentice
Hall, New York, 1997
 MCCarthy, Minichello& Curran Business policy and
strategy, concepts and readings; Richard D. Irwin Inc.
 Thompson, Jr& Strickland III; Strategic management,
concepts and cases, Irwin McGraw- Hill.
 Pearce II& Robinson Jr. Strategic management, strategy
formulation and implementation; AITBS Publishers
and distributors, Delhi.
 AzharKazmi; Business policy and Strategic Management
Tata McGraw- Hill publishing Co. Ltd.
 George Luffman, Edward Lea, Stuart Sanseron&Barin Kenny;
Strategic management, an analytical introduction; Blackwell
Publishers Ltd.
 FranisCheruilam; Business policy and strategic
management; Himalaya publishing Houses.
 David Asch & Cliff Bowman; Readings in Strategic
management; The Macmillan press Lts.
 Fred R. David Strategy Management Prentice Hall, New
Jersey six edition.
 Wendy Robson strategic Management and
information system, Pitman Publishing 1997.
 Cliff Bowmen and David Asch Managing strategy Macmillan
Business 1996.
 Peers/Robinson, strategic management and any other
business policy and Strategy book can be used as a
reference
Module Title Operation Management
Objective of the At the end of this module, students should be able to:
module  Define operations management
 Understand operations strategy and competitiveness
module
Mgmt3191 Operation Management 3 5
Course Information
Course Number Mgmt3191
Course Title Operation Management
Module Operation Management
Module Number M19; Mgmt-M3192
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
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
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
Methods/strategy discussions, problem solving, and analysis. The full and active
participation of students is highly encouraged.
Assessment/Evaluat
ion The evaluation scheme will be as follows:

1 2 3 z t l
10 10 15 5% 10% 50 100
% % % % %
Work load in hours

Hours Required
Assig Total
Assess Self- n Hrs
48 - 17 - 58 12 - 135
Course Policy All students are expected to:

 Be active participants in class discussion, in doing
assignments and in presenting assignments and group
works.
 Attend classes regularly. A student who failed to attend
more than 15% of the allotted class for the course will not
sit for final exam.
 Switch off or make it silent of cell phones when joining the
class.
 Be active in reading all materials since they will be part of
either final exam or assignments.
 Follow instructions in doing every activity provided
accordingly.
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
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.
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
 Understand the essence of constitution, and
constitutionalism; and know the types and functions of
constitution
development;
development;
 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.
module
CvEt1021 Civics and Ethical Education 3 5
Course Information
Course Number CvEt1021
Course Title Civics and Ethical Education
Module Civics and Ethics
Module Number M2; CvEt-M1023
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
week)
Course Objectives & Upon successful completion of this course, students will be able to:
Competences to be  Understand the subject matter of Civics and Ethics;
Acquired  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
 Understand the essence of constitution, and
constitutionalism; and know the types and functions of
constitution
development;
development;
 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.
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
Assessment/Evaluat

1 2 3 z t l
10 10 15 5% 10% 50 100
% % % % %
Work load in hours

Hours Required
Total
Assess Self- Assig Hrs
Lectures Lab ments Tutorials Studies nment Advising
48 - 12 - 60 15 - 135
lecture in a well-organized manner. He/she is also responsible to
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.
 Ehrlich, T. 2000. Civic responsibility and higher

education. Phoenix, Az: Oryx Press.
 Fasil Nahum. 1997. Constitution for a Nation of Nations: The
Ethiopian Prospect. Lawrenceville,NJ: Red Sea Publishers.
 FDRE. 1995. The Constitution of the Federal Democratic of
Ethiopia
 Frechette,S. 1981. Environmental Ethics. U.S.A.: The
Boxwood Press.
 Goodin, Robert E. 2005. Reflective Democracy. Oxford
University Press: New York.
 Harrop, Martin and William L. (1987). Elections and
Voters: A Comparative Introduction. London: The
Macmillan Press LTD.
 Held, David .1996. Models of Democracy. Cambridge Polity
Press: Cambridge.
 James Paul and Clapham .1972. Ethiopian Constitutional
Development: A source book. Haile Selassie I university:
Mizan Tepi.
 Jeavons, T. (1991). Learning for the common good: liberal
education, civic education, and teaching about philanthropy.
Washington, DC: Association of American Colleges.
 Macedo, S. (2000). Diversity and distrust: civic education in
a multicultural democracy. Cambridge, Mass: Harvard
University Press.
 Melzer, A. M., Weinberger, J., & Zinman, M. R. (1998).
Multiculturalism and American Democracy. Lawrence,
Kansas: University Press of Kansas.
 Niemi, R. G., & Junn, J. (1998). Civic education : what makes
students learn. New Haven: Yale University Press.
 Nzongola, Ntalajia and Margaret C. 1998. The State and
Democracy in Africa. Asmara: Africa World Pres.
 Oppenheim, A. N. (1977). Civic education and participation
in democracy : the German case. London ; Beverly Hills:
Sage.
 Penrose, W. O. (1952). Freedom is ourselves: Legal rights
and duties of the citizen as a basis for civic education.
Newark: University of Delaware Press.
 Strong, C.F .1963. A History of Modern Political
Constitutions. New York: G.P. Putnam’s Sons.
 UNDP.2003. Making Global Trade Work for Peoples.
London: Earthscan Publications.

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.
reasonably skeptical of assertions made in the name of
research or science in general.
module
Psyc1061 Introduction to Psychology 3 5
Course Information
Course Number Psyc1061
Course Title Introduction to Psychology
Module Psychology
Module Number M6; Psyc-M1063
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
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.
reasonably skeptical of assertions made in the name of
research or science in general.
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.
1. The Essence of Psychology
1.1. Meaning and Definition of psychology
1.2. Methods in psychology
1.3. Sub-fields in psychology
2. Sensation And Perception

2.1. Sensation and the senses
2.2. Perception
2.3. Perceptual Organization
2.3.1. Depth and Distance Perception
2.3.2. Movement perception
2.3.3. Factors that influence
perception-Selective Attention
2.3.4. Visual Constancy: When seeing is
believing
2.3.5. Visual Illusions: When seeing is
misleading
2.4. Extrasensory Perception: Reality or Illusion?
3. Learning
3.1. Classical Conditioning
3.2. Operant Conditioning
3.3. Cognitive Learning
4. Memory: The Information Processing

Approach
4.1. Sensory register/Sensory Memory
4.2. Short Term Memory
4.3. Long Term Memory
4.4. Forgetting
4.5. Improving Memory: Some Strategies
5. Motivation
5.1. Nature of Motivation
5.2. Theories of Motivation
5.3. Classification of Motives
5.4. Conflicts of Motives and frustration
6. Emotion And Stress

6.1. Emotion
6.1.1. Expression and Perception of
Emotions
6.1.2. Theories of Emotion
6.2. Stress
6.2.1. Types of stressors
6.2.2. Correlates of Stress: Factors
that influence stressfulness of
events
6.2.3. Coping with Stress
7. Personality
7.1. Definition
7.2. Major Personality Theories and Approaches
7.3. Assessing Personality
8. Abnormal Psychology
8.1. Definitions of abnormality
8.2. Perspectives/theories on abnormal behavior
8.3. Classification and description of psychological
disorders
8.4. Treatment of psychological disorders
8.4.1. Treatment approaches
8.4.2. Modes of therapy
Assessment/Evaluat

1 2 3 z t l
10 10 15 5% 10% 50 100
% % % % %
Work load in hours

Hours Required
Total
Assess Self- Assig Hrs
Lectures Lab ments Tutorials Studies nment Advising
48 - 12 - 60 15 - 135
lecture in a well-organized manner. Besides, he/she is
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.

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

module
EnLa1011 Communicative English Skills 3 5
EnLa1012 Basic Writing Skills 3 5
Course Information
Course Number EnLa1011
Course Title Communicative English Skills
Module Basic English Skill
Module Number M1; EnLa-M1013
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
week)
Course Objectives & Upon completing the course, students will be able to:
Competences to be  Express their ideas in various communicative contexts (in
Acquired group/ pair discussion, public speaking settings etc.)
 Use various vocabulary learning strategies and techniques
 Write and present reports
 Read various materials and make their own notes
 Identify the structure of oral and written discourses
 Attend their academic work at ease and with clarity.
Course Description This course is intended to develop and improve students' language
competence. It is also aimed at developing students’
communicative abilities in English which will help students to
develop their communicative skills and overall language
competence in English. Generally, this course will cover the
specific language aspects described below. Developing basic
functions of English language skills: reading (scanning, skimming,
reading for details, summarizing, understanding the structure of a
text); listening (listening for the gist, listening for details,
recognizing discourse markers, noticing the structure of a lecture,
understanding speaker intentions, recognizing signposting,
attending and following skills); writing (summarizing a text,
writing descriptive texts); speaking (introducing oneself and
others, interviewing, discussions, stating and supporting
propositions, stating one’s opinions, organizing and taking part in
a debate, making a persuasive speech, questioning); vocabulary
(working out meanings from context, synonyms, antonyms,
collocations, definitions); grammar (relative clauses, modals,
voice, conditionals, tense, reported speech).
1&2 1. Introductory Unit
1.1. Listening and Speaking: Finding
out about other people
1.2. Vocabulary: Learning to
learn vocabulary
1.3. Grammar: Learning to use
grammar for facilitating meaning
1.4. Reading: What is involved
in understanding text?
1.5. Speaking: Introducing oneself and
others
1.6. Writing: A short Personal description
or story
3, 4, 5 & 6 2. AIDS
2.1. Listening and Speaking:
2.1.1. Understanding markers of
addition and relating
2.1.2. Listening for gist
2.1.3. Responding to the speaker's
purpose
2.1.4. Writing a brief summary of a
talk
2.2. Vocabulary
2.2.1. Using component parts of a
word as clues to meaning
2.2.2. Using topic relationships in
order to learn words
2.2.3. Being aware of how words
collocate with each other
2.2.4. Working out word meanings
from context
2.3. Grammar
2.3.1. Using relative clauses
2.3.2. Expressing warning and
advice
2.4. Reading
2.4.1. Identifying the intended
audience of a text and other
critical reading skills
2.4.2. Relating a diagram to a text
2.5. Speaking
2.5.1. Brain storming
2.5.2. Public speaking
2.6. Writing: Writing a short summary of
a talk
7, 8, 9, & 10 3. Culture and Values
3.1. Listening and Speaking
3.1.1. Identifying the structure of a talk
3.1.2. Completing a note framework
3.2. Vocabulary
3.2.1. Using topic relationships to learn new
words
3.2.2. Words of Greek and Latin origin
3.2.3. Using a vocabulary network to learn
words
3.3. Grammar
3.3.1.Using active and passive constructions
for descriptive writing
3.3.2. using time clauses for descriptive
writing
3.4. Reading
3.4.1. Critical reading
3.4.2. Reading for main ideas
3.4.3. Reading for detail
3.5. Speaking
3.5.1. Understanding reference
3.5.2. Brainstorming
3.5.3. Organizing and taking part in a debate
3.6. Writing
3.6.1. Writing a brief summary of key ideas
from a text
3.6.2. Writing a descriptive essay about a
marriage ceremony
11, 12, 13, & 14 4.Improving Study Practices
4.1. Listening and speaking
4.1.1. Thinking about what you do when you
listen to a lecture and take notes
4.1.2. Understanding listing and sequencing
markers
4.1.3. Listening for a main sections of a talk
4.2. Vocabulary
4.2.1. Using a dictionary
4.2.2. Working out word meanings from context
4.3. Grammar
4.3.1. Using Conditional I,II and III
4.4. Reading
4.4.1. Skimming for gist
4.4.2. Critical reading and evaluating
4.4.3. Using reference/textual markers
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
Assessment/Evaluat
Assessment Scheme %
Listening 10%
Speaking 10%
Reading 10%
Writing 10%
Vocabulary 10%
Grammar 10%
Final Examination 40%
Total 100%
Work load in hours

Hours Required
Total
Self- Hrs
Lectures Assessments Tutorials Studies Assignment
48 10 16 51 10 135
lecture in a well-organized manner. He/she is also responsible to
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

Course Information
Course Number EnLa1012
Course Title Basic Writing Skills
Module Basic English Skill
Module Number M1; EnLa-M1013
and Code
Module
Coordinator
Lecturer
ETCTS Credits 5
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
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)
Writing Effective Sentences (continued----)

Identifying sentence types: structural Category
( simple, compound, complex and compound
complex); Joining ideas :coordination,
subordination, correlation and using relative
pronouns

Identifying and correcting faulty sentences
:fragments, run-ons, comma splices,

Identifying and correcting faulty sentences:
dangling modifiers and agreement errors;

Using punctuation(a period, comma, semi-
colon, colon, quotation mark) and capitalization
5, 6, 7, 8, & 9 Unit Two: Writing Effective Paragraphs;

overview of writing effective Paragraphs-
paragraph definition, nature of a paragraph,
Identifying topic sentence and supporting
details, writing topic sentences( with topics and
controlling idea), nature and position of topic
sentences in paragraphs, narrowing a title
Writing Effective Paragraphs (continued…)

structure of a paragraph, essentials of a
paragraph: unity, coherence(ways of achieving
coherence: using transitional devices, pronouns,
key words and synonyms) and adequate
development; organization: space, time and
order of importance

Writing basic types paragraphs: expository,
descriptive, narrative and argumentative;
Techniques of paragraph development:

definition, exemplification/illustration,
classification, cause and effect, comparison,
contrast, description( process, objective and
impressionistic), and listing/enumeration

Developing a paragraph: guided and free
writing guided writing-arranging given
sentences in a logical order, writing a paragraph
by developing topic sentence and specific
details using given points of a title
Free writing –writing a paragraph on a given
title or on your own title
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
Essay Writing (continued…)

Achieving unity and coherence within an essay
Writing the introduction ( writing the hook, the
background and the thesis statement)

Writing the body and the concussion
Steps in writing an essay: Planning(questioning,
making list, clustering, preparing outline),
drafting, revising, and editing

Writing the basic types of essays ( expository,
descriptive, narrative and argumentative)by
employing the different techniques


Assessment/Evaluat
Test 1 Test 2 Quiz 1 Quiz 2 Fina Total

2 Assignment l
s
10 10 10 1 20% 40% 100
% % % 0 %
%
Work load in hours
Hours Required
Total
Self- Hrs
Lectures Assessments Tutorials Studies Assignment
48 10 16 51 10 135
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.
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)

Acct & Finance Harmonized Curriculum 3RD Round Final

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Acct & Finance Harmonized Curriculum 3RD Round Final

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Wollo University

College of Business and Economics

Department of Accounting and Finance

Nationally Harmonized Curriculum for Undergraduate Degree Program

in Accounting & Finance

Name of the Degree Program: ACCOUNTING and FINANCE

Name of the Degree to be awarded: Degree of Bachelor of Arts in ACCOUNTING and

Standard/Regular Period of Study: 3 Academic Years with 6 Semesters

Commencement of the Program: 2006 E.C. / 2013/14

Fees / Charges for Regular Students: Cost-sharing

Class Size: 35 – 40 Students

Mode of Delivery: Mixed

3. Rationale for Curriculum Review

5. Graduate Profile and Professional Profile

5.2. Professional Profile

 Accounting clerks: Keeping general accounts, records and reports; payroll

6.2. Graduation Requirements

6.3. Degree Nomenclature

6.4. Medium of Instruction

6.5. Duration of the study

6.6. Assessment and Evaluation Methods

The program follows a combination of various assessment and evaluation techniques.

7. Teaching /Learning Methods and Mode of Delivery

Raw Mark Corresponding fixed Corresponding Letter Remark

6 Tsega Zemen M Ethiopian Lecturer M.Sc. in Finance & Investment

7 Solomon Molla M Ethiopian Lecturer M.Sc. in Accounting & Finance

11.Module and Course Coding

11.1. Module Coding

11.2. Course Coding

12.1. Major Modules and courses

Mod Module Title Module Course Title Course Cr CP(1 Total

M16 Auditing and AcFn- Auditing AcFn3161 3 5 135

M11 Financial AcFn- Financial AcFn2112 2 3 81

M22 Senior Research Senior AcFn3221 1 2 54

12.2. Supportive Modules and Courses

12.3. Foundation Modules and Courses

Modules Module Module Course Title Course Cr CP(1 Total

13.Course Break Down

Course Title Cr. Et Module Course Mode

Course Title Cr. Et Module Course Mode

13.3.Year III Courses

Course Title Cr. Et Module Course Mode

College of Business and Economics

Objective of the Upon the successful completion of this module, students

Total ETCTS and ETCTS: 12

College of Business and Economics

Total ETCTS and Credit ETCTS: 12

Total ETCTS and ETCTS: 10

Total ETCTS and EtCTS: 8

College of Business and Economics

Total ETCTS ETCTS: 8

College of Business and Economics

Total ETCTS and ETCTS: 8

College of Business and Economics

Total ETCTS and ETCTS: 10

College of Business and Economics

Total ETCTS and ETCTS: 12

WEEKS Course Contents Reading

1. Introduction to Accounting and Business Fees and warren

Assessment/Evaluati The evaluation scheme will be as follows:

Course This course is a continuation of Principles of Accounting I. The course is

Assessment/Ev The evaluation scheme will be as follows:

College of Business and Economics