SMiS - Arba Minch University

BA in Accounting and Finance Draft Curriculum

ARBA MINCH UNIVERSITY

COLLEGE OF BUSINESS AND ECONOMICS

DEPARTMENT OF ACCOUNTING AND FINANCE

Curriculum

For

Degree of Bachelor of Arts in Accounting and Finance

2019/20


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 Respective

University

Standard/Regular Period of Study: 4 Academic Years with 8 Semesters

Commencement of the Program: 2011 E.C. / 2019/20

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.


2. Rationale of the Program

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, in 2012/12

(2005EC), public universities in Ethiopia have designed and implemented 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.

However, it was again found that an overall revision of the curriculum is needed which is in

line with the education road map of the country. The new curriculum is launched in 2019/20

and has become a four-years full time program.

While developing the modular curriculum, there was consensus among curriculum scholars

that the delivery system of the old accounting and finance curriculum followed disciplinary

approach rather than focusing on the competency of the 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 then revised curriculum, which shifted to modular system, attempted 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.

These qualities of the modular curriculum are maintained and extended in this revised

curriculum too.

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.


• An International reporting and auditing standards based curriculum that meets the needs of the nation and

international business.

• Relevant curriculum leading to an exceptional learning environment with full access to new technologies and

computer-mediated learning

• An abundant level of intellectual capital created through scholarly activities

• Research that meets the needs of the local and international business and academic communities;

• A fully integrated international perspective

• A full understanding of employer needs obtained through constant monitoring of the business environment

through linkage program

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 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:

• Account transactions and events, and prepare financial statements as per International Financial Reporting Standards

(IFRS);


• Analyze and interpret IFRS-based financial statements;

• Audit financial statements and the underlying accounting systems, controls and records, and express an independent

professional opinion about them as per International Standards for Auditing (ISA);

• Identify, measure, gather, analyze, interpret and communicate cost and other types of information to management

for planning, control, performance measurement, and decision making related to pricing, operating, investing, and

financing activities;

• Identify and anticipate control risks both in manual and computerized accounting systems, and to suggest and

establish better controls to safeguard business resources from risk exposures of illegal acts;

• Analyze and design accounting information systems, and use computer applications in business transaction cycles;

• Develop the specific skills, modes of analysis and institutional background useful to work in finance areas for profit-

making businesses or not-for-profit organizations;

• Start and run their own business;

• Account transactions and events, and prepare financial statements for not-for-profit organizations as per

International Public Sector Accounting Standards (IPSAS)

• Manage financial resource and risk exposures of business firms, manage financial institutions, analyze investment

opportunities and execute professional services in investment institutions, brokerage & dealer firms and in

investment banks;

• Conduct accounting and finance related research and to form linkage with various accounting and finance oriented

and research based institutions both locally and abroad.

• Work clerical activities like, keeping general accounts, records and reports; payroll processing and billings.

• Prepare tax return and perform tax plan

• Internalize an appreciation for the role of ethics in both the profession and the business world.

• Be prepared for graduate studies, professional certification and advanced trainings in accounting, auditing, finance,

and management

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 Science and Higher 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 243

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 four years of study or eight semesters

6.6. Assessment and Evaluation Methods

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

nature of the course and the expected learning outcome from each course, the assessment and evaluation

methods include continuous assessment like assignments; quizzes, tests, individual and group projects,

paper based and practical exams, presentations, and the like.

7. Teaching /Learning Methods and Mode of Delivery


Depending on the nature of courses in the program, various mode of delivery which involve both the

instructor and the students will be used including lectures, class discussions, demonstrations,

presentations, and the like

8. Grading System

The grading system for the courses of the program will be fixed scale as presented below:

Raw Mark interval-100% Corresponding fixed number grade Corresponding Letter grade Remark

[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 of the Department are as below

No Name Sex Nationality Academic

Rank

Area of Specialization Remarks

1. --- Phd Accounting & Finance, or related

2. --- MSc. “

3. --- MSc. “

4. --- MSc. “

5. --- MSc. “

6. --- MSc. “

9.2. Physical Facilities

The Department of Accounting and Finance is expected to have the following physical facilities

Particulars Quantity

Number of Class Rooms 4


Number of Libraries 1

Total Seat Capacity of the Libraries 200

Number of Computer Labs 3

Total computers in the computer labs 200

Number of course-related books 300

Conference room 1

LCD Projector 5

Printer 6

Scanner 1

Duplication machine 1

Copier 1

Lap tops 6

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 and should be delivered by the AcFn department staff

• 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. Summary of Modules

Module Type Total Credit Hours Total CP

Major Modules 86 138

Supportive Modules 29 48


Foundation Modules 35 57

Total 150 243

12.2. List of Modules

12.2.1. Major Compulsory (134/84ECTS/Credit).

Module

Code

Module Title Module

ECTS/Credit

Course Code Course Title Course

ECTS/Credit

Prerequisite

(if any)

ACFN-

M2010

Basics of

Accounting and

Reporting

12/8 AcFn2011

Fundamentals of

Accounting I

6/4

AcFn2012

Fundamentals of

Accounting II

6/4

ACFN-

M3020

Financial

Accounting and

Reporting

12/8 AcFn3021 Intermediate Financial

Accounting I

6/4

AcFn3022 Intermediate Accounting

II

6/4

ACFN-

M3030

Cost and

Managerial

Accounting

10/6 AcFn3031 Cost and Management

Accounting I

5/3

AcFn3032 Cost and Management

Accounting II

5/3

ACFN-

M3040

Corporate Finance 13/8 AcFn3041 Financial management

I

5/3

AcFn3042 Financial management

II

5/3

ACFN3044 Financial Modeling 3/2

ACFN-

M4050

Project and

Investment

Analysis

10/6 AcFn4052 Project Analysis and

Evaluation

5/3

AcFn4051 Investment analysis and 5/3


portfolio management

ACFN-

M4060

Auditing and

Assurance

Services

10/6 AcFn4061 Auditing Principles and

Practices I

5/3

AcFn4062 Auditing Principles and

Practices II

5/3

ACFN-

M3070

Non-Profit Sector

Accounting

5/3 AcFn3071 Accounting for Public

Sector and Civil

Society

5/3

ACFN-

M2080

Financial

Institutions

11/7 AcFn2081 Financial Markets and

Institutions

6/4

AcFn2082 Risk Management and

Insurance

5/3

ACFN-

M4090

Public Finance

and Taxation

5/3 AcFn4091 Public Finance and

Taxation

5/3

ACFN-

M4100

Advanced

Financial

Accounting

11/7 AcFn4101 Advanced Financial

Accounting I

5/3

AcFn4102 Advanced Financial

Accounting II

6/4

ACFN-

M3110

Research in

Accounting and

Finance

11/7 AcFn3111 Research methods in

Accounting & Finance

5/3

AcFn3112 Econometrics for

Finance

6/4

ACFN-

M4110

Senior Research 8/5 AcFn4111 Senior Research

Project I

2/1

AcFn4112 Senior Research

Project II

3/2

AcFn4113 Internship 3/2

ACFN-

M4120

Accounting

Information

Systems

10/6 AcFn4121 Accounting

Information Systems

5/3

AcFn4122 Accounting Software

Application

5/3

ACFN- Quantitative 10/6 AcFn2131 Business Mathematics 5/3


M2130 and Computing

Methods for

Finance

AcFn2132 Business Statistics 5/3

Total ECTS/Credit 138/86 138/86

12.2.2. Major Elective (……ECTS/Credit). Please note that pre-requisite should be minimized as much as

possible.

Module

Code

Module Title Module

ECTS/Credit

Course

Code

Course Title Course

ECTS/Credit

Prerequisite

(if any)

Total ECTS/Credit xxx/xxx Xxx/xxx

12.2.3. Supportive (50/40 ECTS/Credit). Please note that pre-requisite should be minimized as much as

possible.

Module

Code

Module Title Module

ECTS/Credit


ECTS/Credit

Prerequisite

(if any)

Basic

Management

Concepts

13/8 Mgmt1051 Introduction to

Management

5/3

Mgmt1052 Principles of

Marketing

5/3

Mgmt 1053 Contemporary

Business

Communication

3/2


Business Law 5/3 Law3201 Business Law 5/3

Enterprenuership

and Strategic

Management

10/6 Mgmt3142 Strategic

Management

5/3

Mgmt1012 Entrepreneurship 5/3

Operations

Management

10/6 Mgmt3191 Operation

Management

5/3

Mgmt-M3052 Operation

Research

5/3

Economics 10/6 Econ 1011 Economics 5/3

Econ1061 Macroeconomics 5/3


12.2.4. General Education (57/37ECTS/Credit)

Module

Code

Module

Title

Module

ECTS/Credit


ECTS/Credit

Prerequisite

(if any)

Basic

English

Skills

10/6

EnLa1011

Communicative English

Languge Skill I 5/3

EnLa1012

Communicative English

Languge Skill II 5/3

Moral and

Ethics

10/6

CvEt1021

Moral and Ethical

Education 5/3

LOCT1011 Critical Thinking 5/3

Psychology 5/3 Psyc1061 General Psychology 5/3

Computing

and

Mathematics

18/11

Emte1012

Introduction to

Emerging Technologies 5/3

Math1011

Mathematics for Social

Sciences 5/3

IS2121

Fundamentals of

Information Systems 3/2

Stat2131 Basic Statistics 5/3

General

Studies

14/9 Anth1012 Social Anthropology 3/2

GeES1011 Geography of Ethiopia 5/3


and the Horn

SNIE1012 Inclusiveness 3/2

Gl.Tr 1021 Global Trend 3/2

SpSc 1011 Physical Fitness -


12.2.5. Module/Course Equivalency

Module/Course Equivalency

NEW OLD

Module Title Module

ECTS/C

r

Course title Course

ECTS/C

r

Module Title Module

ECTS/C

r

Course title Course

ECTS/Cr

Basics of

Accounting

and Reporting

12/8 Fundamentals of

Accounting I

6/4 Basics of

Accounting

and Reporting

12/8 Principles of

Accounting I

Principles

of

Accountin

g I

Fundamentals of

Accounting II

6/4 Principles of

Accounting II

Principles

of

Accountin

g I

Financial

Accounting

and Reporting

12/8 Intermediate

Financial

Accounting I

6/4 Financial

Accounting

and Reporting

12/8 Intermediate

Financial

Accounting I

6/4

Intermediate

Financial

Accounting II

6/4 Intermediate

Financial

Accounting II

6/4

Financial

Markets and

Institutions

11/7 Financial

Markets and

Institutions

6/4 Financial

Markets and

Instituitons

11/7 Financial

Markets and

Institutions

3/2

Risk Management

and Insurance

5/3 Banking

Principles and

Practices

3/2

Risk 5/3


Management and

Insurance

Basic

Management

Concepts

10/6 Introduction to

Management

5/3 Basic

Management

Concepts

8/5 Introduction to

Management

5/3

Principles of

Marketing

5/3 Principles of

Marketing

3/2

Entrepreneurshi

p and Strategy

10/6 Entrepreneurshi

p

5/3 Entrepreneurshi

p and Strategy

8/5 Entrepreneurshi

p

5/3

Strategic

Management

5/3 Strategic

Management

3/2

Economics 5/3 Macroeconomi

cs

5/3 Economics 5/3 Macroeconomi

cs

5/3

Quantitative

and

Computing

Methods for

Finance

10/6 Business

Mathematics

5/3 Quantitative

and

Computing

Methods for

Finance

12/8 Mathematics

for Finance

6/4

Business

Statistics

5/3 Statistics for

Finance

6/4

13. Course Break Down

Details (including coding) to be finalized after approval of the courses.

13.1. Year I Courses

Year I, semester I

S. No. Course Title Course Code Cr.hr ECTS

1. Communicative English Language Skill

English I

FLEn 1011 3 5

2. Economics Econ 1011 3 5

3. Geography of Ethiopia and the horn GeES 1011 3 5

4. General Psychology PsyL 1011 3 5


5. Mathematics for Social Sciences Math 1011 3 5

6. Critical Thinking LoCT 1011 3 5

7. Physical Fitness SpSc 1011 - P/F.

Total 18 29

Year I, semester II

S.No. Course Title Course Code Cr.hr ECTS

1. Communicative English Language Skill II FLEn 1012 3 5

2. Social Anthropology Anth1012 2 3

3. Entrepreneurship Mgmt 1012 3 5

4. Inclusiveness SNIE 1012 2 3

5. Intro. To emerging Technologies EmTe 1012 3 5

6. Moral and Civic Education MCiE 1012 2 3

7 Global Trend GlTr 1021 2 3

Total 17 28

13.2. Year II Courses

Year II, semester I


1. Fundamentals of Accounting I AcFn2011 4 6

2. Introduction to Management Mgmt1051 3 5

3. Business Mathematics AcFn2131 3 5

4. Macroeconomics Econ1061 3 5

5. Basic Statistics Stat2131 3 5

6. Fundamentals of Information Systems IS2121 2 3

Total 18 29


Year II, semester II


1. Fundamentals of Accounting II AcFn2012 4 6

2. Business Statistics AcFn2132 3 5

3. Principles of Marketing Mgmt1052 3 5

4. Risk Management & Insurance AcFn2081 3 5

5. Contemporary Business Communication Mgmt1052 2 3

6. Business Law Law3201 3 5

Total 18 29

13.3. Year III Courses

Year III, semester I


1. Intermediate Financial Accounting I AcFn3021 4 6

2. Cost &Management Accounting I AcFn3031 3 5

3. Research Methods in Accounting & Finance AcFn3112 3 5

4. Financial Management I AcFn3041 3 5

5. Accounting for Public sector and civil society AcFn3071 3 5

6. Financial Institutions & Markets AcFn3081 4 6

Total 20 32


Year III, semester II


1. Intermediate Financial Accounting II AcFn3022 4 6

2. Cost & Management Accounting II AcFn3032 3 5

3. Financial Management II AcFn3042 3 5

4. Financial Modeling AcFn3052 2 3

5. Econometrics for finance AcFn3131 4 6

6. Operations Research Mgmt-M3052 3 5

Total 19 30

13.4. Year VI Courses

Year VI, semester I


1. Advanced Financial Accounting I AcFn4101 3 5

2. Auditing Principles & Practices I AcFn4061 3 5

3. Operations Management Mgmt3191 3 5

4. Internship AcFn-4113 2 3

5. Accounting Information Systems AcFn4121 3 5

6. Public Finance & Taxation AcFn4092 3 5

7. Senior Research Project I AcFn4111 1 2

8. Investment Analysis and Portfolio

Management

AcFn4052 3

5

Total 21 32


Year VI, semester II


1. Advanced Financial Accounting II AcFn4102 4 6

2. Strategic Management Mgmt 3142 3 5

3. Auditing Principles and Practices II AcFn4062 3 5

4. Project Analysis & Evaluation AcFn4052 3 5

5. Senior Research Project II AcFn4112 2 3

6. Accounting Software Applications AcFn4122 3 5

Total 18 30


14. COURSE GUIDE BOOK

14.1. Major Courses

Name of University:

Name of College/Faculty:

Name of Department: Accounting and Finance Program

Department Accounting & Finance

Program BA degree in Accounting & Finance

Module Title

Module code

Basics of Accounting and Reporting

ACFN-M2010

Objective of the module Upon the successful completion of this module, students should be able to:

• Understand basic features of International Financial Reporting Standards

and the structure of Accounting and Auditing Board of Ethiopia

• 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 Credit

Hours of the module

ETCTS: 12

Credit Hours: 8

Courses of the Module

Course Number AcFn2011

Course Title Fundamentals of Accounting I

ETCTS Credits 6

Contact Hours (per week) 4

Course Objectives &

Competences to be

Acquired

The course has the general objective of introducing students to the basics of

accounting and reporting of financial activities of business organizations as per

International Financial Reporting Standards. Upon the successful completion of

this course, the students will be 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 as per International Financial Reporting

Standards. 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 fields of Accounting and business. All topics are studied in

accordance with the provisions of International Financial Reporting Standards

(IFRS).

WEEKS

Course Contents

2WEEKS

{1ST&2ND }

1. Introduction to Accounting and Business

1.1. The nature of a business

1.2. Types of business organizations in

Ethiopia

1.3. The role of accounting in business

1.4. The profession of Accounting

1.5. Overview of International Financial

Reporting Standards (IFRS)

1.6. Overview of financial reporting

requirements in Ethiopia and AABE

1.7. The accounting equation and

elements of the equation

1.8. Business transactions and financial

statements

4 WEEKS

{3RD ,4TH ,5TH&6TH }

2. Accounting cycle for service-giving business

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


2 WEEKS

{7TH&8TH }

3. Accounting cycle for merchandising business

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

merchandising business

2 WEEKS

{11TH&12TH }

4. Accounting Systems

4.1. Manual and computerized Accounting systems

and Enterprise Resource Planning

4.2. Subsidiary ledgers and controlling accounts

4.3. Special journals and vouchers

4 WEEKS

{13TH,14TH ,15TH&16TH }

5. Cash and Receivables

5.1. Internal control over cash

5.2. Bank reconciliation

5.3. Petty cash and change funds

5.4. Classifications of receivables

5.5. Internal control of receivables

5.6. Accounting for uncollectible accounts

5.7. Accounting for notes receivable

5.8. Presentation of cash and receivables on the

statement of financial position

Assessment/Evaluation

The evaluation scheme will be as follows:

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 Total

Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

64 - 22 12 64 - - 162 6

Text and reference books Text Book:

• Kieso, D. E., Weygandt, J. J., & Warfield, T. W. (2016).

Financial Accounting, IFRS Edition, New York: John Willey &

Sons.

• Commercial Code of Ethiopia


Name of University:




program BA degree in Accounting & Finance

Module Title

Basics of Accounting and Reporting

Module code ACFN-M2010


Course Title Fundamentals of Accounting II

ETCTS Credits 6

Contact Hours (per

week)

4

Course Objectives &

Competences to be

Acquired

The course has the general objective of introducing students to the accounting basics of

recognizing, measuring, and reporting common balance sheet items.

Upon the successful completion of this course, the students will be expected to:

• 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 Description This course is a continuation of Principles of Accounting I. The course is 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.

WEEKS Course Contents Reading

3 WEEKS

{1ST,2ND&3RD }

1. Inventories

1.1. Nature and definition of inventories

1.2. Internal control of inventories

1.3. The effect of inventory errors on the financial statements

1.4. Inventory cost flow assumptions

1.5. Inventory costing methods under a perpetual and periodic

inventory system

1.6. Valuation of inventory at other than cost (LCNRV)

1.7. Estimating inventory costs

1.8. Presentation of merchandise inventory in the financial


statements

3 WEEKS

{ 4TH ,5TH& 6TH }

2. Property, Plant & equipment, Intangible Assets and Natural

Resources

2.1. Property, plant & Equipment

i. Nature of PPE

ii. Cost of PPE(Measurement at the time of recognition)

iii. Measurement after recognition

a. Depreciation of PPE

b. Capital expenditures and revenue expenditures

iv. Disposal(Derecognition) of PPE

v. Internal controls of plant assets

vi. Presentation of PPE on the balance sheet

2.2. Intangible Assets

i. Nature and classification of Intangible assets

ii. Recognition and measurement at the time of acquisition.

iii. Measurement after acquisition.

iv. Presentation of intangible assets on the balance sheet

2.3. Natural resources

i. Nature of natural recourses

ii. Recognition and measurement

iii. Presentation of natural resources on the balance

sheet

1 WEEK

{ 7TH}

3. Current Liabilities

3.1. The nature of liabilities

3.2. Classification of liabilities

3.3. Types of current liabilities

3.4. Short-term notes payable

3.5. Presentation of current liabilities on the balance sheet

2 WEEK

{ 8THand 9TH}

4. Ethiopian Payroll System

4.1. Overview of Ethiopian labor laws

4.2. Overview of Ethiopian pension laws

4.3. Overview of Ethiopian employment income tax

4.4. Salary, allowances, and fringe benefits

4.5. Overtime payments

4.6. Types of leaves and termination benefits

4.7. Components of payroll sheet

4.8. Payroll-related journal entries


2 WEEKS

{10TH&11TH }

5. Accounting for Partnerships in Ethiopia

5.1. Type and basic characteristics of partnership

5.2. Formation of partnerships

5.3. Equity reporting for partnerships

5.4. Dividing partnership net income and net loss

5.5. Admission of new partners

5.6. Withdrawal or death of partners

5.7. Liquidating partnerships

3 WEEKS

{12TH, 13TH, 14TH }

6. Accounting for Companies in Ethiopia

6.1. Type and basic characteristics of companies in Ethiopia

6.2. PLCs

6.2.1. Formation of PLC

6.2.2. Management of PLC

6.2.3. Meeting

6.2.4. Reserve requirements

6.2.5. Dividends

6.2.6. Dissolution

6.2.7. Reporting shareholders’ equity on the statement of

financial position

6.3. Share company in Ethiopia

6.3.1. Formation of share companies in Ethiopia

6.3.2. Classes of shares (Ethiopia vs. USA)

6.3.3. Issuing shares (Ethiopia vs. USA)

6.3.4. Types of shareholders’ meetings

6.3.5. Treasury shares transactions (Ethiopia vs. USA)

6.3.6. Accounting for dividends (Ethiopia vs. USA)

6.3.7. Reserve requirements

6.3.8. Earnings per ordinary share(IAS 33)

6.3.9. Reporting shareholders’ equity on the statement of

financial position (Ethiopia Vs USA)

2 WEEKS

{15TH, 16TH }

7. Public enterprises in Ethiopia

7.1. Characteristics of public enterprises

7.2. Overview of proclamations pertinent to public enterprises

7.3. Organization, operation, and liquidation of public enterprises

7.4. Privatization of public enterprises

Teaching &

Learning

Methods/strategy

The teaching and learning methodology include lecturing, 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

on


Component Weight Coverage






Quiz 1 5%

Quiz 2 5%


Text and reference

books

Text Book:

• Kieso, D. E., Weygandt, J. J., & Warfield, T. W. (2016). Financial Accounting,

IFRS Edition, New York: John Willey & Sons.


Name of University:





Module Number Financial Accounting and Reporting

Module Code ACFN-M3020


• 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

ETCTS: 12

Credit Hours: 8



Course Title Intermediate Financial Accounting I

ETCTS Credits 6

Contact Hours (per

week)

4

Course Objectives &

Competences to be

Acquired

The objective of the course is to ensure that students have developed a thorough

knowledge and understanding of accounting principles and concepts and can apply

this grounding to the situations that they will typically encounter in practical work

situations.

On completion of this module students should be able to:

• Explain the IASB’s conceptual framework underlying financial reporting;

• 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


• Apply professional judgment in analyzing accounting issues and

recommending accounting policies;

• Demonstrate the recognition, measurement, and reporting of cash and

receivables;

• Explain incentives and ethical issues underlying accounting policy decision

Course Description This course presupposes that the students are equipped with knowledge of basic

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 current assets,

namely, cash, receivables, and inventories form the central objective of this course.

WEEKS Course Contents

2WEEKS

{1ST&2ND }

1. Development of Accounting Principles and

Professional Practice

1.1 The environment of financial accounting

1.2 Financial reporting requirements in Ethiopia

1.3 The IASB and its governance structure

1.4 List of IASB pronouncements

1.5 The IASB’s conceptual framework for financial

reporting

1.5.1 Objectives of financial reporting

1.5.2 Qualitative characteristics of financial reports

1.5.3 Elements of financial statements

1.5.4 Recognition, measurement, and disclosure

concepts

1.6 IFRS-based Financial Statements (IAS 1)


2 WEEKS

{3RD&4TH }

2. Fair value measurement and Impairment

2.1. Fair value measurement

2.1.1. Definition

2.1.2. Measurement of fair value

2.1.3. Fair value at initial recognition

2.1.4. Valuation methods

2.1.5. Fair value hierarchy

2.1.6. Disclosure

2.2. Impairment

2.2.1. Definition

2.2.2. Measurement of impairment

2.2.3. Reversal of impairment

2.2.4. Disclosure

2 WEEKS

{5TH&6TH}

3. Cash and Receivables

3.1 Cash and internal control

3.2 Types of main bank accounts

3.3 Bank reconciliation

3.4 Reporting of Cash and disclosure requirements

3.5 Recognition and valuation of accounts receivable

3.6 Recognition and valuation of notes receivable

3.7 Derecognition of receivables

3.8 Reporting of receivables and disclosure

requirements


2 WEEKS

{7TH& 8TH}

4. Inventories

4.1 Nature and classification of inventory

4.2 Physical goods and costs included in inventory

4.3 Valuation of inventories: A cost-basis approach

4.4 Special inventory valuation methods

4.4.1. Lower-of-cost-or-net realizable value

(LCNRV) method

4.4.2. Gross profit method

4.4.3. Retail-inventory method

3 WEEKS

{9TH, 10TH&11TH }

5. Property, Plant, and Equipment

5.1. Acquisition and Disposition of Property,

Plant, and Equipment

5.1.1. Characteristics of property,

plant, and equipment

5.1.2. Acquisition & valuation of

property, plant and

equipment

5.1.3. Costs subsequent to acquisition

5.1.4. Disposition of property, plant

and equipment

5.2. Depreciation, Impairments, and

Revaluations

2 WEEKS

{12TH & 13TH}

6. Investment property

6.1. Nature of Investment property

6.2. Initial recognition and measurement of

investment property

6.3. Subsequent measurement of investment

property

6.4. Presentation and disclosure requirements


1 WEEK

{14TH }

7. Non-current Assets Held for Sale, and Discontinued

Operations

7.1 Nature of NCAHFS and discontinued operations

7.2 Initial recognition and measurement of NCAHFS

7.3 Subsequent measurement of NCAHFS

7.4 Presentation and disclosure requirements

7.5 Measurement, presentation and disclosure of

discontinued operations

2 WEEKS

{15TH & 16TH}

8. Intangible assets

8.1. Characteristics and classifications

8.2. Valuation and amortization

8.3. Impairments

8.4. Research and development costs

8.5. Website costs








Quiz 1 5%

Quiz 2 5%


Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

64 - 22 12 64 - - 162 6

Text and reference books

Text Book:

• Kieso, D. E., Weygandt, J. J., & Warfield, T. W.

(2016). Intermediate Accounting, IFRS Edition, New York:

John Willey & Sons.


• Ernst & Young LLP (2016), International GAAP,

John Wiley & Sons Ltd.

• www.ifrs.org

• IFRS Blue Book

http://www.ifrs.org/


Name of University:





Module Number/Title Financial Accounting and Reporting



• 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




Hours of the module

ETCTS: 12

Credit Hours: 8



Course Title Intermediate Financial Accounting II

ETCTS Credits 6

Contact Hours

(per week)

4

Course Objectives

& Competences to

be Acquired

This course is the continuation of Intermediate Financial Accounting I. Upon completion of

this course, students will be able to:

• Explain the recognition, valuation and disposition of plant, property and equipment;

• Describe the nature of current liabilities, provisions, and contingencies and their

respective accounting and reporting treatments;

• Explain the recognition and valuation of intangible assets;

• Discuss the nature, valuation, recognition and presentation of investments in

financial assets;

• Discuss the accounting and reporting for transactions related to the components of

shareholders’ equity;

• Discuss the nature and accounting treatment of leases and pensions;

• Demonstrate the ability to apply disclosure requirements pertaining to the financial

statement items covered in this course; and

• Demonstrate the ability to exercise professional and ethical judgment in the

application of the proper accounting and reporting methods.


Course Description This course is the continuation of Intermediate Financial Accounting I. It is one of the core

accounting courses offered by the department. Like the first part, it basically deals with the

application of financial accounting theory for business organizations. It also tries to introduce

students with the financial accounting applications in the Ethiopian business environment.

The course includes topics, namely, plant, property, and equipment; Intangible assets;

investments; current and non-current liabilities; leases; statement of cash flows; and pension.


2WEEKS

{1ST&2ND }

1. Current Liabilities, Provisions, and Contingencies

1.1. Nature and types of current liabilities

1.2. Recognition and measurement of provisions

1.3. Contingencies

1.4. Presentation of current liabilities

2 WEEKS

{3RD& 4TH }

2. Non-Current Liabilities

2.1. Nature and classifications of non-current

liabilities

2.2. Recognition and valuation of bonds

2.3. Extinguishments

3 WEEKS

{5TH, 6TH& 7TH}

3. Investments

3.1. Nature and classification of investments

3.2. Accounting for debt investments

3.3. Accounting for equity investments

3.4. Impairment of value

3.5. Transfer between categories

1 WEEK

{8TH }

4. Leases

7.1 The leasing environment

7.2 Classifications of lease

7.3 Overview of Ethiopian lease business law

7.4 Accounting by the lessee

7.5 Accounting by the lessor

7.6 Special accounting problems

2 WEEKS

{9TH&10TH }

5. Deferred Taxation

5.1. Accounting income versus taxable

income

5.2. Recap of temporary versus

permanent differences

5.3. Deferred tax liabilities versus

deferred tax assets

5.4. Tax losses carried forward

5.5. Disclosures


2 WEEKS

{11TH &12TH}

6. Revenue Recognition

6.1. Revenue recognition framework

6.2. Long-term construction contracts

6.2.1. Overview of Ethiopian

construction sector

6.2.2. Basic terminologies in

construction contracts

6.2.3. Revenue recognition

1 WEEK

{13TH }

7. Accounting Policies, Changes in Accounting

Estimates and Errors

7.1. Treatment of changes in accounting

policy

7.2. Treatment of changes in accounting

estimates

7.3. Treatment of changes in errors

2 WEEKS

{14TH & 15TH}

8. Statement of cash flows

9.1. Usefulness of the statement

9.2. Preparation of the statement

9.3. Significant non-cash financing and investing

activities

1 WEEK {16TH} 9. Agricultural accounting

9.1. Basic terminologies in agricultural accounting

9.2. Recognition and measurement of agricultural

produces

9.3. Reporting and disclosure requirements

Assessment/Evaluat

ion







Quiz 1 5%

Quiz 2 5%


Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

64 - 22 12 64 - - 162 6

Text Book:


Text and reference

books • Kieso, D. E., Weygandt, J. J., & Warfield, T. W. (2016).

Intermediate Accounting, IFRS Edition, New York: John Willey &

Sons.


• Ernst & Young LLP (2016), International GAAP, John

Wiley & Sons Ltd.

• www.ifrs.org

• IFRS Blue Book

Name of University:





Module Number Advanced Financial Accounting


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



Total ETCTS and

Credit Hours of the

module

ETCTS: 12

Credit Hours: 8


Advanced Financial Accounting I

Advanced Financial Accounitng II

Course code ACFN4101

Course Title Advanced Financial Accounting I

Degree Program BA Degree in Accounting and Finance

http://www.ifrs.org/


Lecturer

information

ETCTS Credits 5

Contact Hours 3

Course Description This course addresses the skills needed to apply some selected financial reporting

standards in business environments. The topics covered in the course include

income taxes, share-based compensation, agriculture, insurance contracts,

statement of cash flows, and asset valuation.

Course Objectives In this, course students examine several complex topics and their effect on financial

reporting and disclosure. The course is designed to cover a selected group

of financial accounting topics under IFRS. Upon successful completion of this course

the student will be able to:

▪ Record, analyze and report financial information related to income taxes,

biological assets, insurance contracts, share-based compensations, and

employee benefits.

▪ Prepare and present statement of cash flows.

▪ Undertake valuation of financial assets for financial reporting purposes.


1. Income Taxes

1.1. The tax base concept 1.2. Recognition of deferred tax liabilities and assets

1.2.1. Future taxable temporary differences 1.2.2. Future deductible temporary differences

1.3. Recognition of current and deferred tax 1.4. Accounting for net operating losses 1.5. Income tax presentation and disclosures

2. Share-based Compensation

2.1. Overview of Share-based Payments

2.2. Share-based Payments Settled with Equity

2.3. Share-based Payments Settled with Cash

2.4. Share-based Payments with Cash Alternatives

2.5. Counterparty Has Choice of Settlement

2.6. Issuer Has Choice of Settlement

2.7. Share-based Payment Disclosures


3. Accounting for Agriculture

3.1. Basic Terms and Scope

3.2. The Nature of Biological Assets

3.3. Recognition and Measurement of Biological

Assets

3.4. Presentation and Disclosure Issues

4. Insurance Contracts

4.1. Insurance Contract Aggregation 4.2. Initial Recognition of Insurance Contracts 4.3. Initial Measurement of Insurance Contracts 4.4. Estimated Future Cash Flows 4.5. Discount Rates Used 4.6. Risk Adjustment for Non-Financial Risk 4.7. Contractual Service Margin 4.8. Subsequent Measurement of Insurance

Contracts 4.9. Modification of Insurance Contracts 4.10. Derecognition of Insurance Contracts 4.11. Presentation of Insurance Contract Information 4.12. Disclosures

5. Revisiting the Statement of Cash Flows

5.1. Importance of statement of cash flows 5.2. Classifications of cash flows 5.3. Preparing the statement of cash flows

6. Asset Valuation for Financial Reporting

6.1. Basics of valuation

6.2. Overview of International Valuation Standards (IVS)

6.3. Valuation approaches 6.3.1. Market approach 6.3.2. Income approach 6.3.3. Cost approach

6.4. Valuation report

Teaching & Learning

Methods/strategy

The teaching and learning methodology include lecturing, 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/Evalu

ation


Test

1

Test 2 Test

3

Case Analysis Assign

ment 1

Final

exam

Total

10% 10% 10% 10% 10% 50% 100%

Ch. 1 Ch. 2 Ch. 3 Ch. 4-6 Ch. 1-4 All Ch.

Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutor

ials

Self-

Studies

Assign

ment

Advi

sing

48 - 10 12 55 135 5

Roles of the

Instructor

He/she will come to the class regularly on time and deliver the lecture in a well-

organized manner. Besides, at the end of each class he/she gives reading

assignment for the next class. He/she will make sure that proper assessments is

given. He/she is also responsible to give feedback for each assessment.

Roles of the students The success of this course depends on the students’ individual and collective

contribution to the class discussions. Students are expected to participate

voluntarily, or will be called upon, to contribute to set exercises and problems.

Students are also expected to read the assigned readings and prepare the cases

before each class so that they could contribute effectively to class discussions.

Students must attempt assignments by their own. Proficiency in this course comes

from individual knowledge and understanding. Copying the works of others is

considered as serious offence and leads to disciplinary actions.

Text and reference Text Book:


books Kieso, Weygandt and Warfield, Intermediate Accounting, IFRS Edition (3rd Ed. John

Wiley & Sons, Inc. 2014).

IVSC (2013) International valuation standards.

Reference Books

Kieso, Weygandt and Warfield, Intermediate Accounting, (15th Ed. John Wiley &

Sons, Inc. 2013).

Intermediate Accounting (IFRS Edition). Authors: Spiceland J., Sepe J., Nelson M.,

Tan P., Low B., and Low, K.Y. Publisher: McGraw-Hill.

Nikolai, Bazley and Jones, Intermediate Accounting, (10th Ed. McGraw- Hill co.

2007).

http://www.ifrs.org/IFRSs/IFRs.html


Program BA Degree in Accounting & Finance

Course Number ACFN4102

Course Title Advanced Financial Accounting II

ETCTS Credits 6

Contact Hours 4

Course Description The course specifically deals with the accounting concepts and practices pertaining

to investments in joint arrangements, home office-branch operations, business

combinations, consolidated financial statements, foreign currency transactions and

translation of foreign currency financial statements, segment and interim reporting.

Course Objectives This course builds on the knowledge you obtained in your introductory and

intermediate financial accounting courses. The primary objective of the course is to

help students gain an in-depth understanding of the theory and current practice of

advanced and complex financial accounting issues for business firms. Upon

http://www.ifrs.org/IFRSs/IFRs.html


successful completion of this course, students will be able to:

▪ Identify the alternative forms of a joint venture and describe the accounting

treatment for investments in joint arrangements;

▪ Apply proper accounting techniques to account for branch operations and

prepare combined financial statements for home office and branch;

▪ Explain the nature of business combinations and its accounting treatment;

▪ Explain the meaning and assessment of control;

▪ Prepare consolidated financial statements for companies with parent-subsidiary

relationship on date of acquisition and subsequent to date of acquisition;

▪ Explain and account for foreign currency transactions and translate foreign

currency financial statements; and

▪ Prepare segment and interim financial reports.

Weeks Course Contents

1. Joint Arrangements

1.1. Meaning and types of joint arrangements

1.2. Accounting for investments in joint ventures

1.3. Accounting for joint operations

1.4. Accounting for joint ventures

1.5. Disclosure requirements

2. Accounting for Public Enterprises in Ethiopia

2.1. Overview of Proc. No. 25/1992 and other related

Provisions

2.2. Accounting for Formation and Operation

2.3. Privatization of Public Enterprises

3. Accounting for Sales Agencies and Branch Operations

3.1. Characteristics and Principles

3.2. Distinction between Agencies and Branches

3.3. Accounting Systems and the Accounting Entity

3.4. Accounting for Sales Agencies

3.5. Accounting for Branch Operations

3.5.1. Reciprocal (Intracompany) Accounts

3.5.2. Merchandise Shipments to Branches

3.5.3. Allocation of Expenses incurred by Home Office to

Branches


3.5.4. Accounting for Branch Fixed Assets

3.5.5. Combined Financial Statements for Home Office

and Branch

3.5.6. Reconciliation of Home Office and Branch

Accounts

3.5.7. Transactions among Branches

3.5.8. Disposal of a Branch

4. Business Combinations

4.1. Definitions and Motives

4.2. Methods of arranging Business Combinations

4.3. The Acquisition Method

4.3.1. Identifying the acquirer

4.3.2. Determining the acquisition date

4.3.3. Recognition and measurement of the identifiable

net assets of the Acquiree

4.3.4. Recognition and measurement of goodwill or a

gain from a bargain purchase


4.5. Overview of business combinations in Ethiopian context

5. Consolidation on Date of Acquisition

5.1. Definition of subsidiary and control

5.2. Assessing control

5.3. Accounting Requirements

5.4. Definition and presentation of non-controlling interests

5.5. Different reporting dates and accounting policies

5.6. Loss of Control

5.7. Consolidated Statement of Financial Position: Wholly

owned subsidiary

5.8. Consolidated Statement of Financial Position: Partially

owned subsidiary

5.9. Disclosure Requirements


6. Consolidation Subsequent to Acquisition

6.1. Accounting for investments in subsidiaries

6.2. Consolidated financial statements for wholly owned

subsidiary

6.3. Consolidated financial statements for partially owned

subsidiary

6.4. Consolidated financial statements: Intra-group trading

(Upstream and Downstream Transactions)


7. The Effects of Changes in Foreign Exchange Rates

7.1. Definition of terms

7.2. Exchange Rates and Meaning of Translation

7.3. Types of currency-related exposures

7.4. Determination of functional currency

7.5. Accounting for foreign currency transactions

7.5.1. Recognition and reporting of exchange differences

7.6. Translation of foreign operations

7.6.1. Rationale/Objectives of translation

7.6.2. Translation methods & criteria for applications


8. Segment and Interim Financial Reporting

8.1. Segment Reporting

8.1.1. Definition of an operating segment

8.1.2. Identifying externally reportable segments

8.1.3. Aggregation criteria

8.1.4. Quantitative thresholds

8.1.5. Disclosure

8.1.6. Measurement

8.1.7. Entity-wide disclosures

8.2. Interim Reporting

8.2.1. Definitions

8.2.2. Content of an Interim Financial Report

8.2.3. Disclosure in Annual Financial Statements

8.2.4. Recognition and Measurement

8.2.5. Restatement of Previously Reported Interim

Periods


Assessment/Evalu

ation



Test 1 15% Chapters 1-3

Test 2 15% Chapters 4-6

Assignment 1 5% Chapters 1-4

Assignment 2 5% Chapters 5-8

Quiz 1 5%

Quiz 2 5%


Work Load in

Hours

Hours Required

Total

Hrs ECTS

Lectures Lab

Assess

ments

Tutor

ials

Self-

Studies

Assign

ment

Advi

sing

64 - 22 12 64 - - 162 6

Text and

Reference Books

Text Book:

Herauf D. & Hilton M. (2016). Modern Advanced Accounting in Canada. Eighth ed.

McGraw-Hill Canada.

Baker, R. E., Lembke, V. C., King, T. E., Jeffrey, C. G., & Christensen, T.

(2016). Advanced Financial Accounting. Eleventh edition. McGraw-Hill/Irwin.

Reference Books:


Cotter, D. (2012). Advanced Financial Reporting: A complete guide to IFRS. Financial

Times/Prentice Hall.

Beechy, T. H., & Farrell, E. (2015). Advanced Financial Accounting. Seventh edition.

Prentice Hall.

Hoyle, J. B., Schaefer, T. F., & Doupnik, T. S. & Wang, X. (2016). 13th edition.

Advanced Accounting. McGraw-Hill Education.

Ernst & Young LLP, International GAAP, John Wiley & Sons Ltd. (Latest edition).

Richard E.Baker et al. Advanced Accounting. 7th Edition, FT Prentice Hall- Financial

Times, United Kingdom, 2004

Larsen, J. Modern Advanced Accounting. 11th edition. McGraw-Hill.

Commercial Code of Ethiopia

Public Enterprises Proclamation No. 25/1992

IFRS Blue Book (Latest edition)

IFRS Green Book (Latest edition)

IFRS Red Book (Latest edition)


Name of University:




Program BA degree in Accounting & Finance

Module

Number/Title

Cost & managerial Accounting

Module Code ACFN-3030

Objective of the

module

This module will cover cost accumulation concepts and techniques for Product and Service

Costing and Planning and Control, as well as Non-routine Managerial Decisions. Modern

management accountants are not only concerned with how cost data are transformed into cost

accounting information but more importantly how to use cost accounting information to aid

managerial goals. It is the case, however, that one cannot effectively use cost information

without a good understanding of how various cost accounting information are generated.

The module should develop the student's understanding, skill, and analytical ability in cost

and management accounting to the level where he or she can function effectively (and

efficiently) as a professional cost and management accountant in industry, public accounting,

management consulting, government, or personal business management.

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



Course Title Cost & management Accounting I

ETCTS Credits 5

Contact Hours (per

week)

3


Course Objectives

& Competences to

be Acquired


❖ Use various classifications to analyze costs within the organization.

❖ Describe and apply the principles relating to the costing of the different resource

inputs into a business.

❖ Demonstrate output costing methods appropriate to a variety of different businesses.

❖ Illustrate and evaluate absorption, marginal costing, activity-based costing methods

and other management cost accounting methods and techniques.

❖ Apply and analyze different types of activity-based management tools through the

preparation of estimates.

❖ Describe, illustrate and comment on the planning and control uses of standard

costing, budgeting and variance analysis

Course Description Cost accounting course concerns with fundamental cost concepts, behavior, and analysis and

the use of cost information to develop superior decision making process and outputs. This

course introduces the production, communication, and the use of accounting information

within the context of business activities.

.

WEEKS

Course Contents

2WEEKS

{1ST&2ND }

1. Overview of Cost and Management Accounting

1,1 Objectives of Cost & Management Accounting

1.2 Cost and management accounting in comparison with

financial accounting: their purposes, the role of cost

accounting as part of a management information system, and

the need for both financial as well as non-financial

information

1.3 Cost classification concepts and terms, such as:

Direct and indirect costs,

Fixed and variable costs,

Period and product costs,

Controllable and uncontrollable costs,

Avoidable and unavoidable costs,

“Sunk” costs,

Budgeted, standard and actual costs and their

comparisons and analyses

1.4 The use of linear, curvilinear and step functions and how

their calculations are used to analyze cost behavior

1.5 The concepts of cost units, cost centers and profit centers


3 WEEKS

{3RD- 5TH }

2:.Cost determination: The costing of resource inputs

2.1 Materials

Accounting for stock (inventory)movements

Determination of optimum purchase quantities

Identification of accounting for stock losses

2.2 Labor

The difference between direct and indirect labor

Types of labor remuneration methods

2.3 Overheads

Overhead cost analyses

The apportionment and absorption of overhead costs,

including allocation of service department costs.

Accounting for the over- and under absorption of costs

IAS 2 inventories on Overhead allocations

2.4 Recording of costs and schedule of costs of products.

5 WEEKS

{6TH - 10 TH }

3. Costing methods: The costing of resource outputs

3.1 Job order, batch and contract costing methods

Characteristics of each method

Accounting for direct and indirect costs, including

the treatment of waste, scrap, spoilage and re work

costs,

4. The Process and Operation or service costing methods:

Characteristics of the process costing method,

Identification and use of appropriate cost units,

Valuation of process transfers and workin-process

using equivalent units of production and based on

FIFO and average costing methods,

Accounting for normal and abnormal losses and

gains, joint and by-products

Scope of operation or service costing,

Identification of appropriate cost units,

Considerations relating to the collection,

classification and ascertainment of costs

2 WEEK

{11TH & 12tTH}

5. Cost Allocation

5.1 Explain the notions of ‘overhead costs’, ‘indirect

costs’, ‘direct costs’, ‘traceable costs’ and ‘allocated

costs’.

5.2 Explain how accountants choose to create ‘cost

centres or ‘cost pools’ in which to gather together

cost data.

5.3 Explain why and how costs may be allocated from

one cost pool or centre to another.

5.4 Support department cost allocation

5.5 Joint and By-products

5.6 Common cost allocation


2 WEEKS

{12TH & 14TH }

6. Activity-Based Costing and Management

6.1 Activity-based costing; use of cost drivers and activities

6.2 Activity Based Costing for Customer Profitability

6.3 Activity Based Management

Assessment/Evaluati

on



Test 1 15% Chapter 1 &5



Assignment 2 5% Chapter 3-6

Quiz 1 5%

Quiz 2 5%


Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

64 - 22 12 64 - - 162 6

Text and reference

books

Text Book:

• Horngren, Foster, &Datar. Cost Accounting: A

Managerial Emphasis. 9th Ed. 1997

• Horngren, Sunden& Stratton. Introduction to

Management Accounting. 11th Ed. 1999

Reference Books

• C.T Homgren, Introduction to Management Accounting 4th

to 8 th editions, 1999 USA

• C.T. Homgren, Cost Accounting: A Managerial Emphasis

5th to 8th ecitionsprentice Hall Inc. 1982 to 1994

• Homgren, foster, &Datar, Cost Accounting A Managerial

Emphasis. 10 thEcition


• L.E. Heitger Managerial Accounting 1th and 2 nd editions,

McGraw Hill , 1998, India

• GetuJemaneh, Management Accounting 1996.

• Ray H.Garrison, Managerial Accounting. 6th edition

• Caluinengler, Managerial Accounting 2nd edition

• L. Gayle Rayburn Principles of cost Accounting using a cost

Mangement Approach 4th edition Richard DIR WIN Inc.

1989.

• Robert X. Kaplan Advanced Management Accounting 1st

and 2nd edition prentice Haill, Inc, 1982 and 1989 (Chapters

2, 11,12, and 13 only)


Name of University:





Module

Number/Title

M9 Cost and Managerial Accounting


Objective of the

module

This module will cover cost accumulation concepts and techniques for Product and Service

Costing and Planning and Control, as well as Non-routine Managerial Decisions. Modern

management accountants are not only concerned with how cost data are transformed into cost

accounting information but more importantly how to use cost accounting information to aid

managerial goals. It is the case, however, that one cannot effectively use cost information

without a good understanding of how various cost accounting information are generated.

The module should develop the student's understanding, skill, and analytical ability in cost

and management accounting to the level where he or she can function effectively (and

efficiently) as a professional cost and management accountant in industry, public accounting,

management consulting, government, or personal business management.

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



Course Title Cost & management Accounting II

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives

& Competences to

be Acquired

After successfully completing this course, students will be able to:

• Apply managerial accounting and its objectives in a way that demonstrates a

clear understanding of ethical responsibilities.

• Analyze cost-volume-profit techniques to determine optimal managerial

decisions.

• Prepare a master budget and demonstrate an understanding of the relationship

between the components.

• Perform cost variance analysis and demonstrate the use of standard costs in

flexible budgeting.

• Prepare analyses of various special decisions, using relevant costing and

benefits.


Course Description Cost accounting course concerns with fundamental cost concepts, behavior, and analysis and

the use of cost information to develop superior decision making process and outputs. This

course introduces the production, communication, and the use of accounting information

within the context of business activities.

.

WEEKS

Course Contents

2WEEKS

{1ST&2ND }

1. Cost-Volume-Profit Analysis, Absorption, and Variable

Costing

1.1 Absorption versus Direct Costing

1.2 The concept of profit contribution

1.3 Cost-volume-profit (CVP) analysis: understanding the

concepts of break-even and margin of safety

1.4 Cost Volume Profit Analysis under Absorption Costing

1.5 The use of linear, curvilinear and step functions and

how their calculations are used to analyze cost

behavior

1.6 The concepts of cost units, cost centers and profit

centers

4 WEEKS

{3RD- 6TH }

2. Relevant information and Decision Making

2.1 Relevant and irrelevant information

• Explain the concept of relevant costs and

relevant revenues and how this is potentially

different from the notion of fixed and variable

costs.

• Explain ‘sunk costs’ and why they are

considered irrelevant to decisions.

• Explain such terms as ‘opportunity costs’,

‘avoidable costs’, ‘differential costs’ and

‘incremental costs’.

2.2 Marketing Decisions

2.3 Production Decisions

3. Information for budgeting, planning and control

purposes

3.1 Objectives and concepts of budgetary systems

Budgeting as a multi-purpose activity,

Budgeting and behavioral influences,

Quantitative aids in budgeting: learning curve

theory and application; limiting factors and linear

programming,

Activity-based budgeting,

Control theory and budgeting,

Uncertainty and budgeting,

Identification of relevance, strengths and

weaknesses of budgeting and budgetary control

3.2 Types of budgetary systems: fixed and flexible budgets,

zero-based budgets, and incremental, periodic and

continuous budgeting, Short-term vs. long-term


budgets

3.3 Monitoring and controlling performance; the calculation

of variances; the determination of the causes of

variances

3.4 Master budgets

Manufacturing Businesses

Merchandising Businesses

5 WEEKS

{7TH - 11 TH }

4. Standard Costing, Flexible Budgeting and Variance

Analysis

4.1 The uses and limitations of standard costing methods

4.2 The determination of standards

4.3 Flexible budgets and variances

4.4 Identification and calculation of variances: sales

variances (including quantity and mix); cost variances

(including mix and yield); absorption and marginal

approaches

4.5 Identification of significant variances and their

interrelationship

4.6 The uses of planning and operational variances

4.7 Trends, materiality and controllability of variances

4.8 Uncertainty and variance analysis

4.9 Identification of relevance, strengths and weaknesses of

standard costing and variance analysis for performance

and control

5. The pricing of goods and services

5.1 Target and minimum pricing.

5.2 Price /demand relationships,

5.3 The pricing of special orders and short-life products,

5.4 Pricing in service industries,

5.5 Transfer Pricing

o Transfer Pricing: General Rule for Optimal

Transfer Price

o Transfer Pricing: Imperfectly Competitive

Intermediate Product Markets

3WEEKs

{12TH - 14tTH}

6. Responsibility Accounting

6.1 Responsibility Accounting

6.2 Responsibility centers

6.3 Performance Measurement


Assessment/Evaluati

on







Quiz 1 5%

Quiz 2 5%


Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

64 - 22 12 64 - - 162 6

Text and reference

books

Text Book:

• Horngren, Foster, &Datar. Cost Accounting: A

Managerial Emphasis. 9th Ed. 1997

• Horngren, Sunden& Stratton. Introduction to

Management Accounting. 11th Ed. 1999

Reference Books

• C.T Homgren, Introduction to Management Accounting 4th

to 8 th editions, 1999 USA

• C.T. Homgren, Cost Accounting: A Managerial Emphasis

5th to 8th ecitionsprentice Hall Inc. 1982 to 1994

• Homgren, foster, &Datar, Cost Accounting A Managerial

Emphasis. 10 thEcition

• L.E. Heitger Managerial Accounting 1th and 2 nd editions,

McGraw Hill , 1998, India

• GetuJemaneh, Management Accounting 1996.

• Ray H.Garrison, Managerial Accounting. 6th edition

• Caluinengler, Managerial Accounting 2nd edition

• L. Gayle Rayburn Principles of cost Accounting using a

cost Mangement Approach 4th edition Richard DIR WIN Inc.

1989.

• Robert X. Kaplan Advanced Management Accounting 1st

and 2nd edition prentice Haill, Inc, 1982 and 1989 (Chapters

2, 11,12, and 13 only)


Name of University:





Module

Number/Title

Corporate Finance


Objective of the

module


• Identify, measure, and price the various risks faced by the companies

• Perform commercial banking procedures

• Explain the role and functions of financial institutions, and the related regulation

and supervision

Explain the role of financial markets for the well function of the economy

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



Course Title Financial Management I

ETCTS Credits 5

Contact Hours

(per week)

3

Course Objectives

& Competences to

be Acquired

After successfully completing this course, students will be able to:

The course provides a sound understanding of the financial principles, theories and

techniques, and aims to give a solid basis for decision making, incorporating the different

aspects of the company. The course in general concentrates in developing a high level

understanding of the tactical and strategic significance of the financial management function

within organizations.

Course Description

WEEKS

Course Contents

2WEEKS

{1ST&2ND }

Part I: Introduction

1.An Overview of Financial Management

1.1 The nature and scope of financial management

1.2 Financial Markets and Institutions


▪ Financial institutions

▪ Cash flows to and from the firm

▪ Primary markets vs. Secondary

markets

▪ Money markets vs. Capital

markets

1.3 Financial management decisions

1.4 Goal of the firm

▪ Possible goals

▪ The goal of the firm and financial

management

1.5 Basic forms of business organizations

3WEEKS

{3RD- 5TH }

2. IFRS-Based Financial Statement Analysis

2.1 Purposes of financial analysis

2.2 Tools for financial analysis

2.3 Ratio Analysis

▪ Short term solvency or liquidity

measures

▪ Long-term solvency measures

▪ Asset Management or turnover

measures

▪ Profitability Measures

▪ Market Value Ratios (Measures)

2.4 Problems with financial statement analysis

2 WEEKS

{6TH - 7 TH }

Part II: Fundamental Concepts in Financial Management

3. The time value of money

3.1 Why money has a time value?

3.2 Future Value of a single amount

3.3 Present value of a single amount

3.4 Future value of annuity

3.5 Present value of annuity

3.6 Special Case Annuities

3.6.1 Perpetuities

3.6.2 Deferred Annuity

3.7 Uneven Cash Flow Streams

3.8 More frequent compounding

▪ Compounding for less than a year

▪ Effective annual rate and the nominal

rate

2WEEKs

{8TH - 9tTH}

4. Risk and Return

4.1 Understanding and Measuring Risk

▪ Probability distributions

▪ Measures of Central tendency

▪ Measures of dispersion

4.2 Portfolios

▪ Portfolio weights

▪ Portfolio expected returns

▪ Portfolio risk


4.3 Diversification and portfolio risk

▪ The principle of diversification

▪ Diversification and unsystematic risk

▪ Diversification and systematic risk

▪ Measuring systematic risk

▪ Portfolio betas

4.4 Risk and the required rate of return

▪ CAPM

▪ The security market line

2WEEKs

{10TH - 12tTH}

Part III: Long-term Investment Decision Making

5. Cost of Capital

5.1 The meaning of cost capital

5.2 The components of the cost of capital

5.2.1 The cost of debt and preferred stock

5.2.2 The cost of common equity capital

5.2.3 The cost of retained earnings and new common

stock

5.3 The meaning and use of the weighted average cost of capital

(WACC)

5.4 Adjusting cost of capital for project risk

2WEEKs

{13TH - 14tTH}

6. Capital Budgeting Decisions

6.1 The capital budgeting decision process

▪ Steps in the process

▪ Basic terminologies

6.2 Cash flows

▪ The rational for the use of cash flows

▪ The cash flow after-tax (CFAT)

▪ Types of cash flows

▪ Cash flow worksheet

6.3 Capital budgeting techniques

▪ Non-Discounted and Discounted Cash

Flow Techniques ( for independent

projects with or without capital rationing

problems and mutually exclusive projects )

6.4 Methods for incorporating risk in to capital

budgeting

▪ Risk adjusted discount rate

▪ Certainty Equivalents

▪ Sensitivity and Scenario analysis

Assessment/Evaluat

ion







Quiz 1 5%

Quiz 2 5%



Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

48 - 22 12 64 - - 162 6

Text and reference

books

Text Book:

Ross, S.A., Westerfield, R.W. and Jordan, B.D., Fundamentals of

Corporate finance,10th edition, McGraw-Hill/Irwin,USA,2013.

Reference Books

1. Ross, S.A., Westerfield,R.W. and Jordan, B.D., Fundamentals

of Corporate Finance, 2nd edition, Richard D. IrwinInc.,USA, 1993

2. Scott Besley and Brigham E. F., Essentials of Managerial

Finance, 14th edition, Thomson South-Western, USA, 2008.

3. Brigham, E.F. and Houston, J.F., Fundamentals of Financial

Management, 9th Edition, South-Western, USA, 2001.

4. Nevue, R.P., Fundamentals of Managerial Finance, 2nd

edition, South-Western Publishing Co., Ohio, 1985

5. Gitman, L.J., Principles of Managerial Finance, 12th edition,

Harper Collins, USA, 2009.

6. Petty & et. A., Basic Financial Management, 6th edition,

Prentice-Hall, Inc., 1993


Name of University:



Department BA degree in Accounting & Finance


Module

Number/Title

Corporate Finance


Objective of the

module


• Identify, measure, and price the various risks faced by the companies

• Perform commercial banking procedures

• Explain the role and functions of financial institutions, and the related regulation

and supervision

• Explain the role of financial markets for the well function of the economy

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



Course Title Financial Management II

ETCTS Credits 5

Contact Hours

(per week)

3

Course Objectives

& Competences to

be Acquired

A successful completion of this course enables students to:

• Demonstrate knowledge of the concept of optimum capital structure that

maximizes firm’s value and the controversy over the relevance of capital structure

policy

• Appreciate theories over firm’s dividend policy in maximizing firm’s value

• Carry out financial forecasts for firms

• Determine appropriate working capital management strategies for a firm

Course Description Financial Management II is a major course to accounting students that follows Financial

Management I. This course attempts to expose students to relatively higher concepts in

finance. It deals with the concept leverage and capital structure, dividend policy, financial

forecasting, and a review of the management of working capital.

WEEKS

Course Contents

3WEEKS

{1ST-3rd }

1. Capital Structure Policy and Leverage

1.1. The capital structure question

1.2. Factors that influence capital structure

decisions

1.3. Business and Financial Risk

1.3.1. Business risk and operating leverage

1.3.2. Financial risk and financial leverage

1.4. Determining the optimal capital structure

1.4.1. EBIT/EPS analysis

1.4.2. The effect of capital structure on stock

price and the cost of capital

1.5. Introduction to the theory of capital structure


1.5.1. Modigliani and Miller (M&M)

Propositions I and II with no taxes

1.5.2. Modigliani and Miller (M&M)

Propositions I and II with taxes

1.5.3. Trade-off theory (Static Trade-off

Hypothesis)

1.5.4. Signaling theory

1.5.5. Using debt financing to constrain

managers

3WEEKS

{4RD- 5TH }

2. A Review of Dividends and Dividends Policy

2.1 Dividend theories

2.2 Establishing the dividend policy in practice

2.3 Factors influencing dividend policy

2.4 Other factors related to cash dividends:

2.4.1 Stock dividends and stock splits

2.4.2 Stock repurchases

2 WEEKS

{6TH - 7 TH }

3. Financial Forecasting

3.1 Overview of financial forecasting

3.2 Forecasting growth rates and outside financing

3.3 Forecasting external financing needs

3.4 Financial statement forecasting: the percentage

of sales method

4WEEKs

{8TH - 12tTH}

4. Managing Current Assets

4.1 Working capital terminologies

4.2 Alternative current asset investment policies

4.3 Cash management

4.4 Managing inventory

4.5 Receivables management

2WEEKs

{13TH - 14tTH}

5. Financing Current Assets

5.1 Alternative current asset financing policies

5.2 Advantage and disadvantage of short-term

financing

5.3 Sources of short-term financing (Accruals,

Accounts Payable, Short-term Bank Loan, and

Commercial Papers)

Assessment/Evaluat

ion







Quiz 1 5%

Quiz 2 5%



Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

48 - 22 12 64 - - 162 6

Text and reference

books

Text Book

Ross, S.A., Westerfield, R.W. and Jordan, B.D., Fundamentals of

Corporate finance,10th edition, McGraw-Hill/Irwin,USA,2013.

Reference Books

1. Ross, S.A., Westerfield,R.W. and Jordan, B.D., Fundamentals

of Corporate Finance, 2nd edition, Richard D. IrwinInc.,USA,

1993

2. Scott Besley and Brigham E. F., Essentials of Managerial

Finance, 14th edition, Thomson South-Western, USA, 2008.

3. Brigham, E.F. and Houston, J.F., Fundamentals of Financial

Management, 9th Edition, South-Western, USA, 2001.

4. Nevue, R.P., Fundamentals of Managerial Finance, 2nd

edition, South-Western Publishing Co., Ohio, 1985

5. Gitman, L.J., Principles of Managerial Finance, 12th edition,

Harper Collins, USA, 2009.

6. Petty & et. A., Basic Financial Management, 6th edition,

Prentice-Hall, Inc., 1993


Name of University:





Module

Number/Title

Auditing and Assurance service


Objective of the

module


• Plan and design an audit approach for company financial statement audit

• Perform tests of controls and substantive tests of transactions in financial statement audit

• Perform analytical procedures and test of details of balances

• Issue the appropriate audit report based on the findings

• Conduct internal audit

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



Course Title Auditing principles & Practice I

ETCTS Credits 5

Contact Hours

(per week)

3

Course Objectives

& Competences to

be Acquired

After studying this course, the student should be able to:

• Describe the nature of an audit and explain the economic and legal basis for

auditing.

• Demonstrate ability in the use of International Auditing Standards in various audit

issues.

• Assess professional ethics with respect to the audit function and review the main

components of Code of Professional Conduct.

• Examine the auditor's legal liability to clients and third parties.

• Demonstrate expertise in planning and carrying out audit procedures in accordance

with International Auditing Standards and demonstrate how an auditor documents his work.

• Demonstrate how the auditor obtains an understanding of the entity and its

environment and assesses the risk of material misstatement.

• Explain how materiality and various risk assessments impact the audit program.

• Determine the audit procedure needed to audit any assertion.

• Relate management assertions to general and specific audit objectives, relate audit

evidence, and audit objectives to evidence-gathering decisions.

• Demonstrate ability in carrying out functions of internal control systems and

examine the elements of an internal control structure and their components.


• Describe the audit report and explain conditions for qualifications in the audit

report.

Course Description The emphasis of this course is on conceptual, theoretical and practical aspects of auditing financial

statements. The course is designed to develop knowledge, understanding, and practical application

of core external audit processes based on the principles of international auditing standards.

The course commences with an introduction to assurance and auditing and proceeds to the

discussion of audit profession and regulatory organizations, International Auditing Standards (ISAs),

professional ethics and legal liability issues for auditors. Next is a discussion that helps the student

to recognize statement assertions, the evaluation of the risks to which these assertions are

susceptible, and the methodology of planning to assess the degree to which these risks give rise to

error or fraud in financial information. The course also covers issues of audit evidence, audit

methodology, and emphasizes assessment of the internal control system and its impact on audit risk.

The last part of the course examines the content of an audit report and the reason for issuing varying

types of reports.

WEEKS

Course Contents ISAs References

2WEEKS

{1ST-2rd }

1. The Nature, Purpose, Scope of

Audit and Assurance Services

1.1 Meaning Of Audit

1.2 Assurance Services: Overview

1.3 Why Audits are Conducted

1.4 Types of Audit and Auditors

IAASB

framework

ISA 200,

Overall Objectives of

the Independent

Auditor and the

Conduct of an Audit in

Accordance with

International Standards

on Auditing


3WEEKS

{4RD- 6TH }

2. The Auditing Profession

1.1 The Regulatory Framework Governing

Auditing

1.2 International Standards on Auditing (ISA)

1.3 Professional Ethics: Fundamental Principles,

Threats and Safeguards

1.4 Legal Liability of Auditors

1.5 Rights and Duties, Appointment, Dismissal

and Resignation of an Auditor

• ISA 200, Overall

Objectives of the

Independent Auditor and the

Conduct of an Audit in

Accordance with

International Standards on

Auditing

• ISA 250, Consideration

of Laws and Regulations in

an Audit of Financial

Statements

2 WEEKS

{7TH - 8 TH }

2. Materiality and Risk Assessment

2.1 Audit Risk

2.2 Materiality

• ISA 320, Materiality in

Planning and Performing an

Audit

• ISA 330, The Auditor's

Responses to Assessed

Risks

2WEEKs

{9TH - 10tTH}

3. Client Acceptance and Planning the Audit

3.1 Client Acceptance and Continuance

3.2 Planning the Audit

3.3 Appointment, Remuneration, and Removal of

Auditors

• ISA 210, Agreeing the

Terms of Audit Engagements

• ISA 300, Planning an

Audit of Financial

Statements

• ISA 315, Identifying

and Assessing the Risks of

Material Misstatement

through Understanding the

Entity and Its Environment

• ISA 320, Materiality in

Planning and Performing an

Audit


Responses to Assessed Risks

• ISA 520, Analytical

Procedures

ISA 550, Related Parties

2WEEKs

{11TH - 12tTH}

4. Audit Responsibility, Objectives, Evidence

and Recording the Audit

4.1 Audit Responsibility

4.2 Management Assertions

4.3 Audit Objectives

4.4 Audit Evidence

4.5 Audit Documentation


Responsibilities Relating to

Fraud in an Audit of

Financial Statements

• ISA 250, Consideration

of Laws and Regulations in

an Audit of Financial

Statements

• ISA 260,

Communication with Those

Charged with Governance

• ISA 265,

Communicating Deficiencies


in Internal Control to Those


and Management

• ISA 230, Audit

Documentation

• ISA 500, Audit

Evidence

• ISA 501, Audit

Evidence-Specific

Considerations for Selected

Items

ISA 505, External

Confirmations

1WEEK

{13TH }

5. Internal Control

5.1 Meaning and Objectives of internal controls

5.2 The Basic Elements of internal controls

5.3 Recording Internal Control System

5.4 Internal Control and External Auditor

5.5 Internal Control and Internal Auditor

5.6 Inherent Limitations

• ISA 260,

Communication with Those


• ISA 265,

Communicating Deficiencies

in Internal Control to Those


and Management

ISA 315, Identifying and

Assessing the Risks of




1WEEK

{14TH }

6. Audit Reports

6.1 Types of Audit Reports

6.2 Basic Contents of a Standard Audit Report

6.3 Audit Opinion

• ISA 700, Forming an

Opinion and Reporting on


• ISA 705, Modifications

to the Opinion in the

Independent Auditor's

Report

• ISA 706, Emphasis of

Matter Paragraphs and Other

Matter Paragraphs in the

Independent Auditor's

Report

• ISA 710, Comparative

Information-Corresponding

Figures and Comparative


ISA 720, The Auditor's

Responsibilities Relating to

Other Information in

Documents Containing

Audited Financial

Statements


Teaching

&Learning

method/ Strategy

In modular system, the focus is the student’s self-directed search for knowledge. Lectures,

discussions, homework, reading assignment, textbooks, lecture notes, and other resources are all

provided to help students learn. Interactive lecture and class discussion are an integral part of the

instructional program. Students are therefore required to attend all lectures and read all required

readings in order to fully grasp and appreciate the concepts of auditing.

Assessment/Evaluat

ion







Quiz 1 5%

Quiz 2 5%


Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

48 - 22 12 64 - - 162 6

Role of the students In class, the instructor will discuss auditing concepts and students are expected to participate in class

discussions on a regular basis. Participation is a function of students’ willingness to share their ideas

with the class in terms of both questions and answers. Students learn best by actively questioning

and explaining.

Participation, for the purposes of the participation grade, is not merely responding to a question,

with a ‘yes’ or a ‘no’ answer. Participation means a verbal contribution to the discussion, the lessons

and other current events relating to auditing. This is an important part of auditing – and it is a full

expectation in the auditing profession – that all team members, regardless of their level in the firm or

organization will participate in discussions about audit findings, proposed audit adjustments, or

other pertinent issues relating to the auditee client.

1. In order to participate, students must:

• Attend class

• Be prepared for the lesson

• Contribute to the class discussion

• Professionalism is an expectation

2. General Conduct and Behaviour

Students are expected to conduct themselves with consideration and respect for the needs of

fellow students and teaching staff. Conduct which unduly disrupts or interferes with a class,

such as ringing or talking on mobile phones, is not acceptable.

3. Other Student Responsibilities include:

• Evaluate the course and instructor at least once each term.

• Completing assignments; studying for exams; and seeking assistance or extra

work to extend and clarify his/her understanding; and choose an approach that best

suits his/her learning style and goals in this course.

Role of the

instructor

In a learning environment, everyone becomes a teacher and everyone becomes a student.

Learning is the student’s personal responsibility. The instructor is a mentor, facilitator, and

coach in the student’s active and unique learning process. The instructor is responsible to


plan and implement the course; explain the objectives of the course, its scope, learning

outcomes to be achieved, assessment methods to be used and conduct lectures using the

appropriate delivery tools.

To facilitate student learning, the instructor develops & distributes the relevant study

materials to support the students’ learning in the course and prepare real life scenario case

studies with solutions. The instructor is also responsible to plan or participate in formal

examinations of students; prepare homework, assignments, assessment & other assessment

tools and conduct the necessary assessments in time in an objective manner.

Moreover, the instructor should strongly encourage class participation. Questions

pertaining to this course or relating to the accounting/finance/business field should also be

welcomed throughout the term. Class lectures will be focused on helping students

understand the “why’s” (the concept behind the mechanics) rather than the mere mechanics

of the subject matter. The instructor should advise the student not to use memorization as a

substitute for understanding.

Text and reference

books

References

Arens, Elder and Beasley, Auditing and Assurance Service, Global Edition, 16th Edition, 2016

Hayes R., Wallage P., and Gortemake H., Principles of Auditing: An Introduction to International

Standards on Auditing, 3rd Edition, 2014

Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related

Services Pronouncements (the handbook),2012.

Leung P., Coram P., et. all., Modern Auditing and Assurance Services, 6th Edition, Wiley 2015

Messier. Glover, Prawitt, Auditing & Assurance Services, 9th Edition, with ACL software McGraw-

Hill ISBN: 978 125 9162343Louwers, T., Ramsay, (2012). Auditing & Assurance Services (5th ed.).

Boston, MA: McGraw‐Hill.

R. Whittington and K. Pany; Principles of Auditing & Other Assurance Services 19th Edition,

McGraw-Hill Irwin 2014

Timothy Louwers, Robert Ramsey, et. al., Auditing and Assurance Services (3rd ed.). Irwin

McGraw-Hill, 2008 (ISNB: 0-07-337936-0).

Slides, lecture note hand outand other materials provided in class


Name of University:





Module

Number/Title

Auditing and Assurance service


Objective of the

module


• Plan and design an audit approach for company financial statement audit

• Perform tests of controls and substantive tests of transactions in financial statement audit

• Perform analytical procedures and test of details of balances

• Issue the appropriate audit report based on the findings

Conduct internal audit

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



Course Title Auditing principles & Practice II

ETCTS Credits 5

Contact Hours

(per week)

3

Course Objectives

& Competences to

be Acquired

After studying this course, the student should be able to:

• Explain why auditors use sampling and apply audit-sampling techniques for

evidence acquisition and evaluation.

• Identify and assess risks of material misstatement at both the assertion and overall

financial statement levels and respond to identified risks by designing and implementing

tests of controls & substantive tests for a variety of financial statement elements

• Apply the concepts of audit planning, risk assessment, and obtaining an

understanding of the internal control structure to the sales and collection cycle, the

acquisition and payments cycle, the human resources and payroll cycle, the inventory and

distribution cycle and the capital acquisition and repayment cycles.

• Complete the audit and describe the procedures required for completing the audit,

including reviews for contingent liabilities and subsequent events.

• Recognize the major effects of computerization of accounting systems on a

company's operations and on the audit approach and explain the use of computer-assisted

audit techniques (CAAT)


Course Description Auditing principles and practice II builds on the knowledge base from audit principles learned in

Auditing principles and practice I with an emphasis on the implementation and application of

International Auditing Standards (ISAs), and the practical application of the standards, within the

context of accounting transaction cycles. The course is designed to provide students with an in-depth

understanding of professional standards; the audit process, and the auditor’s role in ensuring that

publically issued financial statements are fairly presented. The Course includes the study of

sampling techniques used in tests of controls and in substantive tests of transactions and account

balances. The last part of the course provides an overview of advanced topics concerning complex

auditing judgments, and the use of audit software tools and application of test data methods.

WEEKS

Course Contents ISAs References

2WEEKS

{1ST-2rd }

1. Testing and Audit Sampling

1.1 Audit Sampling Concepts

1.2 Sampling for Tests of Controls

1.3 Sampling for Substantive Tests

• ISA 530, Audit

Sampling

2WEEK

{4TH- 5TH }

2. Audit of the Sales and Collection Cycle

2.1 Overview of the cycle

2.2 Key Internal Control

2.3 Tests of Controls & Substantive Tests of

Transactions

2.4 Tests of Details of Balances








1 WEEK

{7TH }

3. Audit of Payroll and Personnel cycle



3.3 Tests of Controls & Substantive Tests of Transactions

3.4 Tests of Details of Balances








2WEEKs

{8TH - 9tTH}

4. Audit of Acquisition and Payment Cycle



4.3 Tests of Controls & Substantive Tests of

Transactions

4.4 Tests of Details of Balances of Accounts

payable

4.5 Tests of Details of Property, Plant and

Equipment

4.6 Tests of Details of Other accounts









1WEEK

{10TH }

5. Audit of Inventory and Warehouse Cycle

5.1 Nature of inventory

5.2 Control activities and Tests of Controls

5.3 Auditing Cost accounting

5.4 Observing physical inventory

5.5 Tests of pricing and compilation








• ISA 501, Audit

Evidence-Specific


Items

1WEEK

{11TH }

6. Audit of the Capital and Repayment Cycle



6.3 Auditing Long-term debt

6.4 Auditing Capital stock

6.5 Auditing Dividends

6.6 Auditing Retained Earnings








1WEEK

{12TH }

7. Audit of Cash Balances

7.1 Cash in the Bank and transaction Cycles

7.2 Audit of the General Cash Account

7.3 Audit of Imprest Bank account and Petty Cash








1WEEK

{13TH }

8. Completing the Audit

8.1 Review of Contingent Liabilities and

Commitments

8.2 Review of Subsequent Events

8.3 Communication with the Audit Committee and

Management

8.4 Management Letter

• ISA 450, Evaluation of

Misstatements Identified

during the Audit

• ISA 501, Audit

Evidence-Specific


Items

• ISA 560, Subsequent

Events

• ISA 570, Going

Concern

ISA 580, Written

Representations

1WEEK

{14TH }

9.Auditing Computerized Accounting Systems: An Overview

9.1 Impact of Information Technology on the

Audit Process

9.2 Controls in a computerized environment

9.3 Computer assisted techniques (CAATS) in

gathering audit evidence


Teaching

&Learning

method/ Strategy

At university, the focus is the student’s self-directed search for knowledge. Lectures, discussions,

homework, reading assignment, textbooks, lecture notes, and other resources are all provided to help

students learn. Interactive lecture and class discussion are an integral part of the instructional

program. Students are therefore required to attend all lectures and read all required readings in order

to fully grasp and appreciate the concepts of auditing.

Assessment/Evaluat

ion







Quiz 1 5%

Quiz 2 5%


Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

48 - 22 12 64 - - 162 6

Role of the students In class, the instructor will discuss auditing concepts and students are expected to participate in class

discussions on a regular basis. Participation is a function of students’ willingness to share their ideas

with the class in terms of both questions and answers. Students learn best by actively questioning

and explaining.

Participation, for the purposes of the participation grade, is not merely responding to a question,

with a ‘yes’ or a ‘no’ answer. Participation means a verbal contribution to the discussion, the lessons

and other current events relating to auditing. This is an important part of auditing – and it is a full

expectation in the auditing profession – that all team members, regardless of their level in the firm or

organization will participate in discussions about audit findings, proposed audit adjustments, or

other pertinent issues relating to the auditee client.

4. In order to participate, students must:

• Attend class

• Be prepared for the lesson

• Contribute to the class discussion

• Professionalism is an expectation

5. General Conduct and Behaviour

Students are expected to conduct themselves with consideration and respect for the needs of

fellow students and teaching staff. Conduct which unduly disrupts or interferes with a class,

such as ringing or talking on mobile phones, is not acceptable.

6. Other Student Responsibilities include:

• Evaluate the course and instructor at least once each term.

• Completing assignments; studying for exams; and seeking assistance or extra

work to extend and clarify his/her understanding; and choose an approach that best

suits his/her learning style and goals in this course.

Role of the In a learning environment, everyone becomes a teacher and everyone becomes a student. Learning is


instructor the student’s personal responsibility. The instructor is a mentor, facilitator, and coach in the

student’s active and unique learning process. The instructor is responsible to plan and implement the

course; explain the objectives of the course, its scope, learning outcomes to be achieved, assessment

methods to be used and conduct lectures using the appropriate delivery tools.

To facilitate student learning, the instructor develops & distributes the relevant study materials to

support the students’ learning in the course and prepare real life scenario case studies with solutions.

The instructor is also responsible to plan or participate in formal examinations of students; prepare

homework, assignments, assessment & other assessment tools and conduct the necessary

assessments in time in an objective manner.

Moreover, the instructor should strongly encourage class participation. Questions pertaining to this

course or relating to the accounting/finance/business field should also be welcomed throughout the

term. Class lectures will be focused on helping students understand the “why’s” (the concept behind

the mechanics) rather than the mere mechanics of the subject matter. The instructor should advise

the student not to use memorization as a substitute for understanding.

Text and reference

books

References

• Arens, Elder and Beasley, Auditing and Assurance Service, Global Edition, 16th Edition,

2016

• Hayes R., Wallage P., and Gortemake H., Principles of Auditing: An Introduction to

International Standards on Auditing, 3rd Edition, 2014

• Handbook of International Quality Control, Auditing, Review, Other Assurance, and

Related Services Pronouncements (the handbook),2012.

• Leung P., Coram P., et. all., Modern Auditing and Assurance Services, 6th Edition, Wiley

2015

• Messier. Glover, Prawitt, Auditing & Assurance Services, 9th Edition, with ACL software

McGraw-Hill ISBN: 978 125 9162343Louwers, T., Ramsay, (2012). Auditing & Assurance

Services (5th ed.). Boston, MA: McGraw‐Hill.

• R. Whittington and K. Pany; Principles of Auditing & Other Assurance Services 19th

Edition, McGraw-Hill Irwin 2014

• Timothy Louwers, Robert Ramsey, et. al., Auditing and Assurance Services (3rd ed.). Irwin

McGraw-Hill, 2008 (ISNB: 0-07-337936-0).

• Slides, lecture note hand outand other materials provided in class


Name of University:



Department Accounting and Finance

program BA degree in Accounting and Finance

Module Title Government and Non-profit Accounting

Module Non-Profit Sector Accounting

Module No and

Module Code

AcFn-3070


ETCTS Credits 6

Contact Hours

(per week)

4

Course Objectives &

Competences to be

Acquired

After successfully completing this course, the students should be able to:

• Identify characteristics and types of government and Not-For-profit 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 Description The course is intended to introduce the accounting and reporting 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.


2WEEKS

{1ST- 2ND }

1. Overview of Financial Reporting for Governmental and NFP

Entities

1.1 Distinguishing characteristics of Governmental and Not- for-

Profit entities.

1.2 Sources of financial reporting standards for Governmental

and NFP entities in Ethiopia

1.3 Objectives of financial reporting in NFP entities

1.4 IPSAS versus IFRS

1.5 The Conceptual Framework for Public Sector Accounting

[The IPSASB]

1.5.1 Objectives of financial reporting

1.5.2 Fundamental concepts

Recognition, measurement, and disclosure concepts

1WEEK 2. Principles of accounting and financial reporting of governmental


{3RD } entities

a. Activities of government

b. Summary statement of principles

c. Summary Accounting characteristics of fund types

d. Budgeting and uses of budget

e. Classification of budget

f. Approaches to budgeting

1WEEK

{4TH }

3. International Public Sector Accounting Standards [IPSAS]

2.1 Activities of Government

2.2 Summary statement of principles

2.3 Impairment of Non-Cash-Generating Assets [IPSAS 21]

2.4 Disclosure of Financial Information about the General Government

Sector [IPSAS 22]

2.5 Revenue from Non-Exchange Transactions (Taxes and Transfers)

[IPSAS 23]

2.6 Presentation of Budget Information in Financial Statements [IPSAS

24]

2.7 Cash Flow Statements [Cash Basis IPSAS]

1WEEK

{ 5TH }

4. Budgeting and Performance Reporting

3.1 Budgeting in the Public Sector

3.2 Classification of budget

3.3 Approaches to budgeting

3.4 Budgets and Outturn Reporting (IPSAS 24)

Performance Budgeting and Reporting

1WEEK

{6TH- 7TH}

5. Accounting for General and Special Revenue Funds

4.1 Definitions and purposes

4.2 Budgetary accounting

4.3 Revenue accounting

4.4 Expenditure accounting

Financial statements

1WEEK

{8TH- 9TH}

6. Accounting for Capital Project Fund


5.2 Classification of general capital assets

5.3 Sources and uses of cash flows

5.4 Methods to acquire general capital assets

5.5 Illustration on capital project fund

7. Accounting for Debt Service Fund


6.2 General long-term liabilities

6.3 Sources and uses of cash flows

6.4 Illustration on debt service fund

{10TH } 8. Accounting for Internal Revenue 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

{11TH } 9. Accounting for Fiduciary Funds

8.1 Features of fiduciary funds

8.2 Accounting principles of fiduciary funds

8.3 Accounting for agency fund

8.4 Accounting for trust funds


{12TH } 10. Accounting for Other Not-for-Profit Entities

9.1. Characteristics of Non-governmental NFP organizations

9.2. Charities and soceties law in Ethiopia

9.3. Financial reporting and accounting for NGOs

{14TH } 11. Accounting and Reporting for the Federal Government

of Ethiopia

a. Historical overview of Ethiopian Government Accounting

System

b. Federal Government Financial Management Structure

c. FGE Chart of accounts

d. Overview of IBEX and IFMIS

e. Basis of accounting

f. Legal Framework of FGE Financial Administration

g. Monthly Reports

h. Annual Financial statements

i. Federal Audit report

Teaching & Learning

Methods/strategy


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

on


Test

1

Test

2

Test

3

Quiz1 Assignment 1 Final Total

10% 10% 15% 5% 10% 50% 100%

Work load in hours


Hrs ECTS

Lectures Lab

Assess

ments

Tutori

als

Self-

Studies

Assign

ment

Advi

sing

64 - 20 24 54 - - 162 6

Roles of the Instructor He/she will come to the class regularly on time and deliver the lecture in a well-organized

manner. Besides, at the end of each class he/she gives reading assignment for the next class.

He/she will make sure that proper assessments is given. He/she is also responsible to give

feedback for each assessment.

Roles of the students The success of this course depends on the students’ individual and collective contribution to the

class discussions. Students are expected to participate voluntarily, or will be called upon, to

contribute to set exercises and problems. Students are also expected to read the assigned readings

and prepare the cases before each class so that they could contribute effectively to class

discussions. Students must attempt assignments by their own. Proficiency in this course comes

from individual knowledge and understanding. Copying the works of others is considered as

serious offence and leads to disciplinary actions.

Text and reference

books

Text Book:

• Accounting for Governmental and Non-Profit Entities, 15th edition, by Wilson,

Kattelus, Hay. McGraw-Hill/Irwin Inc., USA, 2010.

• Aggestam-Pontoppidan, C. (2015). Interpretation and Application of IPSAS.

John Wiley & Sons.

• Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith Jr, G. R., & Becker, C. J.


(2014). Governmental and nonprofit accounting: theory and practice. JPAEJOURNAL OF

PUBLIC AFFAIRS EDUCATION VOLUME 20 NUMBER 3, 441.

Reference Proclamations

1. Proclamation No. 847/2014, Financial Reporting Proclamation, 2014.

2. Proclamation No. 621/2009, Charities and Societies Proclamation, 2009.

3. Proclamation No. 648/2009 The Federal Government of Ethiopia Financial

Administration Proclamation

Name of University:





Module Financial Institutions

Module Code AcFn-M2080

Course Title Financial Markets and Institutions



ETCTS Credits 6

Contact Hours (per

week)

4

Course Description Financial markets and institutions channel trillions of dollars through the global 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.

Course Objectives &

Competences to be

Acquired

This course provides students the essential knowledge required to understand the nature and

role of the financial system in the economy and the characteristics and operations of the major

financial institutions.


2WEEKs

{1ST – 2ND}

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

3WEEKs

{3RD - 5TH}

2. Financial Institutions in the Financial System

2.1. Financial institutions and capital transfer

2.2. Functions of Financial Institutions

2.3. Depository financial institutions.

2.4. Non-depository institutions.

2.5. Risks in Financial Industry

2WEEKs

{6TH - 7TH}

3. Interest rates in the Financial System

3.1. Types of Interest Rates

3.2. The theory and structure of interest rates

3.3. Factors affecting structure of interest rate

determinations

3.4. Estimating Nominal interest rate

3WEEKs

{8TH - 10TH}

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

2WEEKs

{11TH - 12TH}

5. The Regulation of Financial Markets and Institutions

5.1. Purpose of regulation

5.2. Nature and forms of Financial System

Regulation

5.3. Arguments regarding regulation

2WEEKs

{13TH - 14TH}

6. Overview Of Ethiopian Financial System

6.1. Financial Institutions In Ethiopia

6.2. Financial Markets In Ethiopia

6.3. Regulation of financial sector in Ethiopia


6.4. Ethiopian commodity exchange market and its

operation

Teaching & Learning

Methods/strategy


analysis. Take-home assignment will be given at the end of each chapter for submission within

a week. Solution to the assignments will be given once assignments are collected. Cases with

local relevance will also be given for each chapter for group of students to present in a class

room. The full and active participation of students is highly encouraged.

Assessment/Evaluation The evaluation scheme will be as follows:

Test 1 Test 2 Quiz1 Assignment 1 Final Total

15% 15% 5% 15% 50% 100%

Work load in hours

Hours Required

Tota

l Hrs

ECT

S

Lectures Lab

Assessme

nts

Tutoria

ls

Self-

Studie

s

Assignme

nt

Advisi

ng

32 - 10 12 27 - - 81 3





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



• Fabozzi, Frank J, Franco Modigliani, Frank J. Jones. Financial Institutions

and Markets. 3rd Edition, USA

Reference Books

• Proclamations, Regulations, and Directives which govern the financial sector

• 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

• F. S. Mishkin and S. G. Eakins, Financial Markets and Institutions, Pearson

Education, 6th edition, 2009.

• M. R. Baye and D. W. Jansen, Money, Banking and Financial Markets,

AITBS, 1996

• Rakesh Mohan, Growth with Financial Stability-Central Banking in an

Emerging Market, Oxford University Press, 2011.

• L. M. Bhole and J. Mahukud, Financial Institutions and Markets,Tata

McGraw Hill, 5th edition, 2011.


Name of University:





Module Financial Institutions


Course title Risk Management and Insurance

Course

Number

AcFn2082

ETCTS

Credits

5

Contact

Hours (per

week)

3

Course

Objectives &

Competences to

be Acquired

After accomplishment of this course, students will be able to:-

• Know basic concepts of risk

• 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. All chapters will address practices in the Ethiopian

insurance industry.


2WEEKs

{1ST- 2ND}

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

1WEEK

{3RD}

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

2WEEKs

{4TH - 5TH}

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

2WEEKs

{5TH - 6TH}

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

2WEEKs

{7TH - 8TH}

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

2WEEKs

{9TH - 10TH}

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

1WEEK

{11TH }

7. Operations of Insurance Businesses

7.1. Rate Making

7.2. Production

7.3. Underwriting

7.4. Claim Settlements

1WEEK

{ 12TH}

8. Re-Insurance

8.1. Meaning of Re-insurance

8.2. Reason for Re-insurance

8.3. Types of Re-insurance

2WEEKs

{13TH - 14TH}

9. The Insurance Business In Ethiopia

9.1. Development of insurance in Ethiopia

9.2. Insurance companies and their operations

9.3. Regulation of insurance companies

9.3.1. Proclamation No. 746/2012

9.3.2. Proclamation No. 591/2008

9.3.3. NBE Directives

9.4. Types of insurance products offered by insurance


companies

9.5. Micro-insurance

9.6. EthioRe

Teaching &

Learning

Methods/strategy



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/Ev

aluation


Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in

hours

Hours Required

Total Hrs ECTS Lectur

es

La

b

Assessme

nts

Tutori

als

Self-

Studi

es

Assignm

ent

Advisi

ng

48 - 17 12 58 - - 135 5

Roles of the

k9Instructor

He/she will come to the class regularly on time and deliver the lecture in a well-organized




Roles of the

students

The success of this course depends on the students’ individual and collective contribution to the


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


Text and

reference books • TeklegiorgisAssefa (2004), Risk Management and Insurance, Mega

Printing PLC, MekelleUniversity.

• HailuZeleke, 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.


Name of University:





Module Title Public Finance and Taxation


Objective of the

module


• 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 Hours of the

module

ETCTS: 5

Credit Hours: 3

Course Title Public Finance & Tax Accounting

Course Number AcFn-4091

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired


• 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

Course Description The course focuses on the taxing and spending activities of a government and their influence on

the allocation of resources and distribution of income in general and with special reference to

Ethiopia as per the new economic policy. Moreover, the course will provide a reliable foundation

in the core areas of public finance and Ethiopian taxation, and enable students understand the

operation of the Ethiopian tax system. The topics covered include: Introduction to public finance,

tools of public finance mainly taxation, analysis of the finance system of the Federal Democratic

Republic of Ethiopia with emphasis on the Taxation System.


3 Weeks (1st , 2nd & 3rd ) 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

3 Weeks (4th 5th & 6th) 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 Weeks (7th , 8th & 9th ) 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

6 Weeks (10th , 11th , 12th

, 13th ,14th , & 15th)

4. Ethiopian Tax System

4.1. Structure of Ethiopian Tax System and Administration

4.2. Income Taxes

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

1 Week (16th) 5. Investment Incentives

Teaching & Learning

Methods/strategy






Assessment/Evaluatio

n


Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours


Hrs ECTS

Lectures Lab Assessments Tutorials

Self-

Studies Assignment Advising

48 - 10 12 55 - - 135 5














• 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.mofec.gov.et/

Name of University:






Course Title Investment and Portfolio Management


Module Project and Investment Analysis

Module no and code AcFn-M4050

ETCTS Credits 3

Contact Hours (per week) 2

Course Objectives &

Competences to be

Acquired

The course will enable students to understand different investment avenues and aware

of the risk return of different investment alternatives and estimate the value of

securities so as to make valuable investment decisions.

Course Description This course provides an overview of the field of investment .it explains 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.


2WEEKs

{1ST}

1. Introduction to investment

1.1. What is investment

http://www.erca.gov.et/

http://www.mofec.gov.et/


1.2. Investment alternatives

1.3. Investment companies

1.4. Security market

1.5. Basic investment transactions

1.6. Types of orders

2WEEKs

{2nD – 3RD}

2. Regulations and administration of investments in

Ethiopia

2.1. Definition and Nature of Regulation

2.2. Principles of Good regulation in

investment

2.3. The Need to Regulate Investment

2.3.1. Regulation of Investment in Ethiopia

2.3.2. Constitutional Framework

Investment in Ethiopia

2.3.3. Economic Policy of Ethiopia

2.3.4. Areas of Investment Reserved for

Domestic Investors

2.3.5. Sectors Open to Ethiopian Nationals

2.3.6. Sectors Open to the state

2.3.7. Investment Procedures

2.3.8. Business License

2.3.9. Restrictions on Foreign Direct

Investment

2.4. Accounting entries and implications

on reporting (general purpose and for tax

purpose)

1WEEK

{4TH}

3. Risk and return

3.1. Concepts of Risk and Return

3.2. Measuring historical risk

3.3. Measuring historical return

3.4. Measuring expected risk and return

2WEEKs

{5TH - 6TH}

4. Fixed income securities

a. Bond characteristic

b. Bond price

c. Bond yield

d. Risks in bond

e. Rating of bonds

2WEEKs

{7TH - 8TH}

5. Stock and equity valuation

5.1. Stock characteristic

5.2. Dividend discount model

5.3. Free cash flow model

5.4. Earning multiplier approach

1WEEK

{9TH}

6. Security analysis

6.1. Macro-economic analysis

6.2. Industry analysis

6.3. Company analysis

6.4. Technical analysis

1WEEK

{10TH}

7. Portfolio theory

7.1. Diversification and portfolio risk

7.2. Portfolio risk and return

7.3. Capital allocation between risky and risk free

assets

7.4. Optimum risky portfolio


2WEEKs

{11TH - 12TH}

8. Derivative instruments

8.1. The nature of derivatives

8.2. Options and futures: payoffs

8.3. Derivatives as risk management (hedging)

tools

2WEEKs

{13TH - 14TH}

9. Portfolio Management

9.1. Portfolio performance evaluation

9.2. The process of portfolio management

9.3. Active portfolio management

9.4. International portfolio management

Teaching & Learning

Methods/strategy





group of students to present in a class room. The full and active participation of

students is highly encouraged.


Test 1 Test 2 Quiz Assignme

nt

Final Total

15% 10% 5% 20% 50% 100%

Work load in hours

Hours Required Tota

l

Hrs

EC

TS Lecture

s

La

b

Assessmen

ts

Tutorial

s

Self-

Studie

s

Assignme

nt

Advisi

ng

48 - 10 12 55 - - 135 5

Roles of the Instructor He/she will come to the class regularly on time and deliver the lecture in a well-


assignment for the next class. He/she will make sure that a proper assessment is



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.


Charles P. Jones, Investments: analysis and Management, 7th edition

Reference Books

➢ Robert C. Radcliff, Investments: Concept, analysis and Strategy, 4th

edition,

➢ Frank K. Reilly & Keith Brown, Investment Analysis and portfolio

Management, 7th edition.

➢ Bodie, Kane & Marcus. Investments. 4th edition.

➢ Zvi Bodie, Investments, 6th edition, MCGraw-Hill Companies

➢ Chandra, P. Investments Analysis Portfolio management. 3rd

edition.

➢ Elton, E.J.& Guruber,M.J.. Modern Portfolio Theory and

Investment Analysis. 5th edition.

➢ Avadhani,V.A Security Analysis and Portfolio Management. 9th


edition

Name of University:





Module Title Project and Investment Analysis

Module code AcFn-M4050

Objective of the

module


• Identify viable business projects, develop feasibility study, and advise

investors on the feasibility of the projects

• Identify, analyses and interpret possible investment opportunities (other than

projects)

Total ETCTS and

Credit Hours of the

module

ETCTS: 8

Credit Hours: 5


Course Number Course Name Cr. Hr CP/ETCTS

AcFn 4052 Project Analysis & Evaluation 3 5

AcFn 4051 Investment and Portfolio Management 2 3

Course Information


Course Title Project Analysis & Evaluation


Module Project and Investment Analysis

Module No and Code AcFn-M4050

Pre-requisite Financial Management II (AcFn-2102), Principles of Marketing (Mgmt-1052), Introduction to

Management (Mgmt-1051)

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

This course aims to help students create an understanding of the processes, techniques, and

procedures of project identification, formulation, appraising, planning and organizing. It also

provides highlights on project socio-economic and impact analysis, and project management,

monitoring and evaluation. .

Course Description The course deals with the different stages of project analysis and evaluation. Major topics

covered include: national plans and programs; the project life cycle; market/commercial

analysis; technical analysis; organization and management analysis; environmental impact

assessment; financial analysis; risk and uncertainty analysis; , socio-economic analysis, project

appraisal criteria and techniques; and project management.


1WEEK 1. Introduction to Project


{1ST} 1.1. Definition of a Project

1.2. Classification of a Project

1.3. Characteristics/features of a Project

1.4. Project and the Macro Plan (State and Corporate)

1WEEKs

{2ND }

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

1WEEK

{3RD}

3. Project Identification

3.1. Project Identification

3.2. Source of Project Ideas

3.3. Project Concepts and Profiles

3.4. Prioritization and Ranking

3.5. Opportunity, pre-feasibility, feasibility and support

studies

5WEEKs

{4TH - 8TH}

4. Market/Commercial Analysis of Project

4.1. Product description

4.2. Characterization of potential customers and demand

forecasting

4.3. Characterization of competitors and supply

forecasting

4.4. Marketing strategy

4.5. Revenue and marketing cost forecasting

5. Technical Analysis of Project

5.1. Plant Capacity and Production Program

5.2. Raw Materials, supplies and utility study

5.3. Location and site selection

5.4. Technology and Engineering studies

5.5. Structure and civil work study

5.6. Plant and equipment study

5.7. Project charts and layouts

5.8. Production cost estimation (materials, utilities and

depreciation)

6. Organization and Management Study

6.1. Project organization and management

6.2. Organizational structure

6.3. Human resource requirement planning

6.4. Operational and financial manuals

6.5. Organization and management cost forecasting

7. Environmental Impact Assessment

7.1. Defining and identifying adverse impacts

7.2. Identifying mitigation strategies

7.3. Impact mitigation cost forecasting

2WEEKs

{9TH }

8. Financial Analysis of Projects

8.1. Financial analysis basic

8.2. Measuring Project cash flows

8.3. Non-discounted cash flow approaches


8.4. Discounted cash flow approaches

8.5. Criteria for Investment Decision

8.6. Project financing alternatives

3WEEKs

{10TH - 12TH}

9. Risk and uncertainty analysis

9.1. Project risk, uncertainty, assumption, issue

and constraints

9.2. Risk identification

9.3. Risk assessment

9.4. Risk response planning

9.5. Determination of contingency fund

10. Socio-Economic Analysis of Projects

10.1. Rational for Economic Analysis

10.2. Valuation and Shadow Prices

10.3. Basic Principle of Shadow Price

10.4. Use of Conversion Factor

10.5. Source of Shadow Prices

10.6. World Price System of Economic Analysis(Little-

Mirrlees Method)

10.7. Domestic Price System of Economic

Analysis (UNIDO Method)

2WEEKs

{13TH - 14TH}

11. Project Management

11.1. Project implementation process

11.2. Project versus operations management

11.3. Project implementation planning and

organizing

11.4. Managing the Implementation Process

11.5. Project constraints

11.6. Project and project management

success/failure factors

11.7. Project Monitoring

11.8. Project Evaluation

11.9. Project Impact Analysis

11.10. Reporting evaluation results

Teaching & Learning

Methods/strategy




local relevance will also be given for each chapter for group of students to present in a

classroom. The full and active participation of students is highly encouraged.


n


Test

1

Test

2

Quiz1 Project Paper Final Total

10% 10% 10% 20% 50% 100%

Work load in hours


Hrs ECTS


Self-


48 - 10 12 55 - - 135 5














• Behrens, W. & Hawranek, P. (1991). Manual for the Preparation of Industrial

Feasibility Studies (Newly revised and ‘k3expanded edition). Vienna: United Nations

Industrial Development Organization.

• Chandara, P. (2009). Projects: Planning, Analysis, Selection, Financing,

Implementation, and Review (7th ed.). New Delhi: Tata McGraw Hill

Reference Books

• B

aker, H.K. & Powell. G.E. (2005). Understanding Financial Management-A practical

Guide. Massachusetts: Blackwell Publishing.

• B

aker, H. K & Powell, G.E. (2011). Capital Budgeting Valuation: Financial Analysis

for Today’s Investment Projects. New Jersey: John Wiley & Sons, Inc.

• D

ayananda, D., Irons, R., Harrison, S., Herbohn, J. & Rowland, P. (2002). Capital

Budgeting: Financial Appraisal of Investment Projects. Cambridge: Cambridge

University Press.

• F

DRE Ministry of Finance and Economic Development (MoFED). (2006). Guidelines

for the preparation of public sector project. Addis Ababa: MoFED.

• G

reene, J. & Stellman, A. (2007). Head First PMP. California: O’Reilly Media, Inc.

• H

illson, D. (2003). Effective opportunity management for projects: Exploiting positive

risk. CRC Press.

• H

illson, D. (2009). Managing risk in projects. Gower Publishing, Ltd..

• K

erzner, H. (2009). Project Management: A systems approach to planning, scheduling

and controlling (10th ed.). New Jersey: John Wiley & Sons, Inc.

• M

ian, M. (2011). Project Economics and Decision Analysis (Vol. I): Deterministic

models (2nd Ed.). Oklahoma: PennWell Corporation.

• M

ian, M. (2011). Project Economics and Decision Analysis (Vol. II): Probabilistic

Models. Oklahoma: PennWell Corporation.

• P

otts, D. (2002). Project planning and analysis for development. London: Lynne

Rienner Publishers, Inc.

• P

roject Management Institute. (2013). A guide to the project management body of

knowledge (5th ed.). Pennsylvania: Project Management Institute, Inc.

• S


amset, K. (2010). Early Project Appraisal: Making the Initial Choices. London:

Palgrave Macmillan.

• T

iffin, R. (1999). Practical Techniques for Effective Project Investment Appraisal.

London: Hawksmere plc.

• T

urner, R. (2009). The Handbook of Project-Based Management: Leading Strategic

Change in Organizations (3rd ed.). London: McGraw-Hill Companies, Inc.

• V

anhoucke, M. (2014). Integrated Project Management and Control: First Comes the

Theory, then The Practice. London: Springer.


Name of University:




program BA degree Accounting and Finance

Module Title Research in Accounting and Finance

Module Number AcFn-M3110

Objective of the

module


• Apply business research methods in doing research

• Have foundation knowledge for scientific reasoning and solutions for business problems

• explain the various tools and techniques of research

• Discuss sources of data and data collection techniques

• Prepare and present essay based of real-world practices

Total ETCTS and

Credit Hours of the

module

ETCTS: 5

Credit Hours: 3



AcFn 2131 Research Methods in Accounting & Finance 3 5

Course Information

Course Number AcFn 3111

Course Title Research Methods in Accounting & Finance


Module Research in Accounting and Finance


ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired


• Apply business research methods in doing research

• have foundation knowledge for scientific reasoning and solutions for business problems

• Implement the research process in doing research,

• prepare research proposal for a project

• explain the various tools and techniques of research

• apply various methodologies of social research to solve Business problems

• define The sources of data and data collection techniques

Course Description This course deals with the role of research; the method of scientific inquiry; experimentation, fact

finding, design of data collection methods, and analysis of collected data and interpretation of

results, and formulation of business related research projects by students.


1WEEK

{1ST}

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

4WEEKs

{2ND- 5TH}

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

2WEEKs

{6TH - 7TH}

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. Reference citation

3.2.11. Proposal writing (written Assignment )

2WEEKs 4. Sampling Design


{8TH - 9TH} 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

2WEEKs

{10TH - 11TH}

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

3WEEKs

{12TH - 14TH}

6. Methods of data analysis and analysis software

6.1. Descriptive versus inferential data analysis

6.2. Spread sheet application in data analysis

6.3. Software application in data analysis (SPSS, STATA, E-

view)

6.4. Article review

Teaching & Learning

Methods/strategy







n


Test Assignment

I

Assignment

II

Research

proposal

Final Total

15% 10% 10% 15% 50% 100%

Work load in hours


Hrs ECTS


Self-


48 - 10 12 55 - - 135 5












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?


Name of University:




program Accounting and Finance

Module Title Accounting Information Systems


Objective of the

module


• Explain the fundamental Information Technology concepts that underpin business

information systems;

• Be competent in the use of a computer, produce documents, design spreadsheets and

make a presentation;

• Identify AIS control and security threats and recommend preventing/mitigating strategies;

• Develop understanding about fundamental concepts of database technology and data

modeling and apply the knowledge gained to develop AIS data model;

• Have basic skill on the use of major accounting software

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



AcFn 4121 Accounting Information System 3 5

AcFn 4122 Accounting Software Application 3 5

Course Information


Course Title Accounting Information System


Module Accounting Information System


ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired


• Analyze, document and evaluate business activities performed by firms with in major

transaction cycles;

• Identify AIS control and security threats and recommend preventing/mitigating strategies;

• Understand the models, techniques, and tools for Information Systems Analysis and

Design in general and AIS in particular;

• Develop skills in documenting Accounting Systems;

• Develop understanding about fundamental concepts of database technology and data

modeling and apply the knowledge gained to develop AIS data model;

• Set up an accounting system using the a general ledger software package: and

• Develop working knowledge about database applications.

Course Description The course is designed to instill the knowledge and skill Accountants 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).


2WEEKs

{1ST – 2ND}

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

2WEEKs

{3RD - 4TH}

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

2WEEKs

{5TH - 6TH}

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)

2WEEKs

{7TH - 9TH}

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

2WEEKs

{10TH - 11TH}

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

2WEEKs

{12TH - 14TH}

6. Control and Audit of AIS

6.1. Overview of Control Concepts

6.2. Information System Control

6.3. Computer Controls and Security

6.4. Overview of Auditing of Computer Based IS

Teaching & Learning

Methods/strategy



week. Solution to the assignments will be given once assignments are collected. Cases with



Assessment/Evaluati

on


Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours


Hrs ECTS


Self-



48 20 10 12 45 - - 135 5












Text and reference

books

Text Book:

• 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, 7th Edition, Prentice

Hall, Inc.

• A.Hall, 1998. Accounting Information Systems, 2nd 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, 2nd Edition, Addison

Wesley Longman, Inc.

• Gelinas et al, 1999. Accounting Information Systems, 4th Edition, South Western

Publishing Co. USA.

• Boockholdt, 1999. Accounting Information Systems, 5th 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.

http://www.prenhall.com/romney


Name of University:



Course Information

Course code ACFN 4122

Course Title Accounting Software Application

Degree

Program BA Degree in Accounting and Finance

Module Accounting Information System

Module No

and Code

ACFN-M4120

Module

Coordinator

Lecturer

ETCTS

Credits 5

Contact

Hours (per

week)

3

Course

Objectives


• Explain the difference between system software and application software • Describe the need for accounting software • Understand IT as an indispensable complement to the accounting profession • Use excel to manage accounting data and transactions • Use Peachtree to generate accounting reports

Course

Description

The accounting environment is getting more sophisticated and dynamic as the

information and communication technology grows. This calls the professionals in

accounting and finance to get in touch with the advancement in science and technology.

Thus, this course is designed to acquaint students with some of the basic applications

software that are commonly used by accounting and finance professionals for different

organizations. The course initially introduces students with the application of excel or

the spreadsheet in accounting, and then, dwells much on Peachtree accounting.



1 1: Overview of accounting software applications

• Software vs. hardware • System software vs application software • The need for accounting software • Varieties of accounting software in use • IT and the accounting profession

2,3,4,5,6 2: Excel for accounting and finance professionals

• Overview of the excel application • Keyboard shortcuts • Hiding rows and columns • Navigating between workbooks and files • Use of excel with styles • Controlling data with tables and conditional summing • Major excel lookup functions • The PivotTable functionality and capabilities • Managing accounting data and transactions using excel

7,8,9 2. Basics of Peachtree accounting software • Overview of the Peachtree accounting software • Creating a company • Setting up general ledger accounts • Setting up customers • Setting up vendors • Setting up inventory • Setting up payroll • Setting up jobs

10,11,12,13 4: Managing transactions in Peachtree

• Customer transactions • Vendor transactions • Inventory transactions • Payroll transactions

14,15,16 5: managing tasks and generating reports in Peachtree

• General journal and banking tasks • Other tasks and transactions • Generating reports

Widely used accounting softwares are covered

Teaching &

Learning

Methods/strate




gy within a week. Solution to the assignments will be given once assignments are collected.

Cases with local relevance will also be given for each chapter for group of students to

present in a class room. The full and active participation of students is highly encouraged.

Assessment/

Evaluation


Test

1

Test

2

Test

3

Quiz1 Assignment

1

Final Total

10% 10% 15% 5% 10% 50% 100%

Work load in

hours

Hours Required

Total Hrs ECTS


Self-


16 48 10 16 35 10 - 135 3

Roles of the

Instructor

He/she will come to the class regularly on time and deliver the lecture in a well-organized

manner. The instructor is required to make sure that computer lab is ready for class,

necessary accounting software is installed in the computers, and timetable for practice in

the lab is scheduled and students are making practice in the lab as per the timetable. 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 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. Last


but not least, students are required to make practice in the lab as per the timetable

scheduled by the course instructor.

Text and

reference

books

Text

• Deborah Bean, Learn Peachtree Accounting, Wordware Peachtree Publishing, 2002

• Bonnie Biafore,The Official Intuit Guide, Quick Books the missing guide, 2013

Name of University:




Program BA degree in Accounting and Finance Program


Course Title Business Mathematics

Module Computational and Quantitative Methods for Finance


ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

At the end of this course, students should be able to

• Differentiate the various techniques of mathematics that can be 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 Description Business Mathematics is one of the preliminary quantitative aids to decision making that offers the decision-maker a method of evaluating every possible alternative (act or course of action) by using various techniques to know the potential outcomes. This course is designed to expose finance students to the basic concepts and area of managerial application of mathematics for decision making. Topics include: linear equations and their applications, matrix algebra and its applications, Markov chain analysis, linear programming, mathematics of finance, elements and application of calculus.

WEEKS


3 WEEKS

(1st, 2nd and 3rd)

1. Linear Equations and Their Interpretative Applications 1.1. Linear Equations, Functions and Graphs 1.2. Applications of Linear Equations

1.2.1. Linear Cost Output Relations, 1.2.2. Cost, Total Revenue, and Total Profit 1.2.3. Break Even Analysis: Model and Solutions

3 WEEKS

( 4th, 5th & 6th)

2. Matrix Algebra And Its Applications 2.1. Matrix Concepts 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 3.1. Concepts 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 4.1. Overview of exponential and logarithmic functions 4.2. Simple Interest and Discount

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

5.1. Differential Calculus 5.1.1. Concept 5.1.2. Rules of Differentiation 5.1.3. First and Second Derivative for Extreme 5.1.4. Business Application of Differential Calculus 5.1.5. Marginal Analysis 5.1.6. Optimization Problems

5.2. Integral Calculus 5.2.1. Concept 5.2.2. Indefinite and Definite Integration


5.2.3. Rules of Integration 5.2.4. Business Applications of Integral calculus 5.2.5. Finding Total functions 5.2.6. Area problems

Teaching & Learning

Methods/strategy The teaching and learning methodology include lecturing, 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/Evaluation Test 1 Test 2 Test 3 Quiz1 Assignment 1 Final Total

10% 10% 10% 10% 10% 50% 100%

Ch. 1 Ch. 2 Ch. 3-4 Ch. 5 - All Chap

Work load in hours

Roles of the Instructor He/she will come to the class regularly on time and deliver the lecture in a well-organized manner. Besides, at the end of each class he/she gives reading assignment for the next class. He/she will make sure that proper assessments is given. He/she is also responsible to give feedback for each assessment.

Roles of the students The success of this course depends on the students’ individual and collective contribution to the class discussions. Students are expected to participate voluntarily, or will be called upon, to contribute to set exercises and problems. Students are also expected to read the assigned readings and prepare the cases before each class so that they could contribute effectively to class discussions. Students must attempt assignments by their own. Proficiency in this course comes from individual knowledge and understanding. Copying the works of others is considered as serious offence and leads to disciplinary actions.


• 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.


Name of University:




Program BA degree in Accounting and Finance Program


Course Title Business Statistics


Module Computing and Quantitative Method for Business


ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

The objective of this course is thus to discuss the theoretical aspects of statistics and then

focus on its practical applications in business decision making, which modern managers

and decision makers are expected to be armed with on the face of considerable

uncertainty. Besides, it is also to create know-how to students on various application

areas and benefit of statistical in business.

This course aims:

• To familiarize students about the use & application of various statistical tools in the field of financial decision making

• To enable students make valid inference from data • To enable students to construct and test different types of hypothesis • To enable students to find correlation between variables • How to apply the statistical tests in the preparation of Research report. • To enable students appreciate the application of statistics in every areas of

activities in business and industry such as production, financial analysis, distribution, market research, manpower planning.

Course Description The use of statistical knowledge in the field of business aid dated many 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.

WEEKS

2 WEEKS

{1ST&2ND }

1. Statistics Refresher 1.1. Introduction

1.1.1. Definition 1.1.2. Areas (types) of statistics: Descriptive, Inferential 1.1.3. Importance (uses) of statistics

1.2. Descriptive Statistics (Independent Review) 1.2.1. Statistical data (meaning, types, sources, processing and

methods of obtaining data) 1.2.2. Organization of descriptive data (tabular presentation;

frequency distribution, graphical presentation; histogram, bar graphs, pie charts, the frequency polygon, the give.)

1.2.3. Summarizing data 1.2.4. Measures of location or central tendency: the arithmetic

mean, the median, the mode. 1.2.5. Measures of dispersion or variation: the range,

percentiles, the variance and standard deviation, the coefficient of variation, skew ness.

2 WEEKS

{5TH&6TH }

2. Sampling & Sampling Distributions 2.1. Sampling Theory

2.1.1. Basic Definitions 2.1.2. The need for samples 2.1.3. Designing and conducting a sampling study 2.1.4. Bias and errors in sampling, non-sampling errors 2.1.5. Types of samples- random and non-random samples

2.2. Sampling Distributions 2.2.1. Definitions 2.2.2. Sampling distributions of the mean and proportion 2.2.3. Sampling distribution of the difference between two

means and two proportions

2WEEKS

{7TH&8TH)

3. Statistical Estimations 3.1. Basic concepts 3.2. Point estimators of the mean and proportion 3.3. Interval estimators of the mean and proportion 3.4. Interval estimation of the difference between two independent

means (concept and formula) 3.5. Student's t-distribution 3.6. Determining the sample size

2WEEKS 4. Statistical Estimations 4.1. Basic concepts


{7TH&8TH) 4.2. Point estimators of the mean and 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

2WEEKS

{9TH &10TH }

5. Hypothesis Testing 5.1. Basic concepts 5.2. Steps in Hypothesis testing 5.3. Type I and type II errors (concepts) 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

2WEEKS

{11TH&12TH }

6. Chi-Square Distributions 6.1. Areas of application 6.2. Tests for independence between two variables 6.3. Tests for the equality of several proportions 6.4. Goodness- of fit tests (Binomial, normal, Poisson)

2WEEK

{13TH&14TH }

7. Analysis of Variance 7.1. Areas of application 7.2. Comparison of the mean of more than two populations 7.3. Variance test

2WEEKS

{15TH&16TH }

8. Regression And Correlation 8.1. Linear correlation

8.1.1. The coefficient of correlation 8.1.2. Rank correlation coefficient

8.2. Simple linear regression 8.3. curve fitting, the method of least square, r2

Teaching & Learning

Methods/strategy The teaching and learning methodology include lecturing, 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/Evaluation Test 1 Test 2 Test 3 Quiz1 Assignment 1 Final Total

10% 10% 10% 10% 10% 50% 100%

Work load in hours Test 1 Test 2 Test 3 Quiz1 Assignment 1 Final Total

10% 10% 10% 10% 10% 50% 100%

Roles of the Instructor

Roles of the students He/she will come to the class regularly on time and deliver the lecture in a well-

organized manner. Besides, at the end of each class he/she gives reading assignment

for the next class. He/she will make sure that proper assessments is given. He/she is


also responsible to give feedback for each assessment.

Text and reference books The success of this course depends on the students’ individual and collective contribution






the works of others is considered as serious offence and leads to disciplinary actions.

Name of University:



Course Information


Course Title Financial Modeling


Module Finance


ETCTS Credits 3

Contact Hours (per

week)

2

Course Objectives &

Competences to be

Acquired


• Explain financial modeling; valuation techniques and basic financial calculations using

spread sheet like excel.

• Perform corporate valuation be applying various methods to determine business value

• Model pro forma financial statements and determine business value;

Course Description The course is designed to enable students understand financial models and develop valuation

financial model to ascertain the values of assets and business.


4WEEKs

{1ST – 4th}

7. Introduction to Financial Modeling and Valuation

7.1. Introduction to financial modeling

7.2. Overview of excel functions for modeling

7.3. Basic Financial Calculations using excel

7.4. Present value and Net Present Value

7.5. The IRR and Loan Tables

7.6. Future values and Applications

7.7. Introduction to valuation and valuation standards

3WEEKs

{5th - 7TH}

8. Corporate Valuation

8.1. Methods to Compute Enterprise Value (EV)

8.2. Using Accounting Book Values to Value a Company: The Firm’s


Accounting Enterprise Value

8.3. Efficient Markets Approach to Corporate Valuation

8.4. Enterprise Value (EV) as the Present Value of the Free Cash

Flows: DCF “Top Down” Valuation

8.5. Free Cash Flows Based on Consolidated Statement of Cash

Flows (CSCF)

8.6. Free Cash Flows Based on Pro Forma Financial Statements

4WEEKs

{8TH - 11TH}

9. Determining the value of the firm

9.1. Computing the Value of the Firm’s Equity, E

9.2. Computing the Value of the Firm’s Debt, D

9.3. Computing the Firm’s Tax Rate, TC

9.4. Computing the Firm’s Cost of Debt, rD

9.5. Two Approaches to Computing the Firm’s Cost of Equity, rE

9.6. Implementing the Gordon Model for rE

9.7. The CAPM: Computing the Beta, β

9.8. Using the Security Market Line (SML) to Calculate Merck’s

Cost of Equity, rE

9.9. Three Approaches to Computing the Expected Return on the

Market, E(rM)

4WEEKs

{12TH - 14TH}

10. Pro-Forma Financial Statement Modeling

10.1. How Financial Models Work: Theory and an Initial Example

10.2. Free Cash Flow (FCF): Measuring the Cash Produced by the Business

10.3. Using the Free Cash Flow (FCF) to Value the Firm and Its Equity

10.4. Some Notes on the Valuation Procedure 10.5. Alternative Modeling of Fixed Assets 10.6. Sensitivity Analysis

Teaching & Learning

Methods/strategy



week. Solution to the assignments will be given once assignments are collected. Cases with




Assessment/Evaluati

on


Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours


Hrs ECTS


Self-


48 20 10 12 45 - - 135 5












Text and reference

books

Text Book:

Simon Benninga, Financial Modeling, 4th ed., 2014, MIT Press

Reference Books

• Tom Y. Sayer, Financial Modeling for Business owners and Entrepreneurs, Developing

Excel Models to Raise Capital, Increase Cash Flows, Improve Operations Plan Project and

Make decisions., Apress


Name of University:


Name of Department: Accounting and Finance Program Name of the department

Department of Accounting and Finance

Course Title Econometrics for Finance

Course Code AcFn3112

Credit Hours 4/6

Course

Descripti

ons

This course builds upon Applied Statistics. Familiarity with the material, particularly sampling distributions, estimation, and hypothesis testing will be of much help. You will not be able to appreciate the course unless you have good grasp of those topics.

Weeks Contents

Chapter 1: Introduction

1.1 The econometric approach

1.2 Economic models and econometric models 1.3 Different types of data for econometric analysis

Chapter 2: Simple Linear Regression

2.1 Concept of regression function

2.2 Method of Moments & Method of least squares

2.3 Residuals and goodness of fit

2.4 Properties of LS estimates and Gauss-Markov theorem

2.5 Maximum Likelihood Estimation

2.6 Confidence Intervals and Hypothesis Testing 2.7 Predictions with Simple Linear Regression Model

Chapter 3: Multiple Linear Regression Analysis: Estimation and Hypothesis Testing

3.1 Introduction

3.2 The Method of Least Squares

3.3 Partial Correlation Coefficients and their interpretation

3.4 Coefficients of Multiple Determination

3.5 Properties of least squares and Gauss-Markov theorem

3.6 Introduction to Multivariate Normal Distribution

3.7 Classical Normal Linear Regression

3.8 Hypothesis Testing and Interval Estimation 3.9 Point and Interval Forecasting Using Multiple Linear Regression

Chapter 4: Multiple Regression Analysis with Qualitative Information: Binary (or

Dummy Variables) 4.1 Describing Qualitative Information

4.2 Dummy as Independent Variables

4.3 Dummy as Dependent Variable

4.3.1 The Linear Probability Model (LPM)

4.3.2 The Logit and Probit Models

4.3.3 Interpreting the Probit and Logit Model Estimates

Chapter 5: Violations of the Assumptions of Classical Model

5.1 Multicollinearity 5.2 Heteroscedasticity- tests and weighted least squares


5.3 Autocorrelation-tests and feasible generalized least squares estimation

5.4 Specification Errors: Omission of Variables 5.5 Tests of Parameters Stability

Chapter 6: Basic Regression Analysis with Time Series Data: Basic Concepts

6.1 The nature of Time Series Data

6.2 Stationary and non-stationary stochastic Processes

6.3 Trend Stationary and Difference Stationary Stochastic Processes

6.4 Integrated Stochastic Process

6.5 Tests of Stationarity: The Unit Root Test 6.6 Cointegration and ECM

Chapter 7: Introduction to simultaneous equation models (Optional)

7.1 The Nature of Simultaneous Equation Models

7.2 Simultaneity bias

7.3 Order and rank conditions of identification (without proof)

7.4 Recursive models 7.5 Indirect squares and 2SLS estimation of structural equations

Assessment

Methodolog

y

Students will be evaluated using different mechanisms and their weights as indicated in the table

below:

Assessment Assignment (individual and

group)

Tests and quizzes Final Exam Total

Weight 20% 30% 50 % 100%

Course

Policy

• Late coming is not allowed and no student is allowed to enter after class has started.

• Duplication of assignments is strictly forbidden; it entails serious penalty.

• Assignments are required to be submitted before or on the deadline.

• Cheating during exam sessions results in a minimum of “F “grade while cheating in

quizzes and tests is subjected to a zero mark. All cheating cases will be reported to the

department for further considerations.

• Students should switch off their cell phones while they are in class and must keep their

cell phones switched off during all kinds of exam sessions.

• Students must attend 80% of the class for the course. Failure to attend 80% of the

class will not allow the student to sit for the final exam.

• Missing a quiz without convincing evidences will earn the students a grade of zero

marks in that specific quiz


References

Gujarati, D. N. and D. C. Proter (2009). Basic Econometrics, 5th edition, McGraw-

Hill

Maddala, G. S. (1992). Introduction to Econometrics, 2nd edition, Macmillan. Wooldridge, J. (2013). IntroductoryEconometrics: A Modern Approach, 5th Ed.

Enders, W. (2014). Applied Econometric Time Series, John Wiley & Sons:, 4th ed., Singapore. Koutsoyiannis, A. (2001). Theory of Econometrics, Palgrave: New York.

Johnston, J. and J.Dinardo (1997)Econometric Methods, 4th edition.

Kmenta, J. Elements of Econometrics, 2nd edition.

Intrilligator M.D, R.G. Bodkin, and D. Hsiao (1996). Econometric Models,

Techniques and Applications. Verbeek (2004), A Guide to Modern Econometrics. New York: John Wiley & Sons, Ltd.

Pindyck, R. and D. Rubinfeld (1991), Econometric Models and Economic Forecasts, 3rd

edition, New York: McGraw-Hill.

Name of University:





Module Title Senior Research

Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 8

Credit Hours: 5



ACFN4113 Internship 2 3

Course Information

Course Number ACFN4113

Course Title Internship


Module Senior Research

Module No and Code ACFN4113

ETCTS Credits -

Contact Hours (per

week)

-


Name of University:



Module Title Business Law

Module Number Law-M3201

Objective of the module The course enables students to have a broad understanding of the environment of

business and the statutory provisions that affect the business operations and decisions.


Hours of the module

ETCTS: 5

Credit Hours: 3



Law3201 Business Law 3 5

Course Information

Course Number Law3201

Course Title Business Law


Module Business Law


Module Number and

Code

M20; Law-M3201

Module Coordinator

Lecturer

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

The course enables students to have a broad understanding of the environment of

business and the statutory provisions that affect 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 formations, transactions, and contracts. The

course will pay a closer look at labor law and the commercial code of Ethiopia. It is

aimed at exposing students to the company law, law of contract (Such as the contract

of sale, and Agency), proof of debt, and commercial undertakings.


1 & 2 1. General Introduction 1.1. Definition of Law 1.2. Functions of Law 1.3. Meaning of Business Law 1.4. Nature of Business Law 1.5. Sources of Business Law

3 2. Legal Personality 2.1. The concept of the term "personality" 2.2. Physical Persons

Juridical persons

4 & 5 3. Business And Business Entities 3.1. Definition 3.2. Elements of a Business 3.3. Different kinds of Business Entities

3.3.1. Sole proprietorship 3.3.2. Partnership 3.3.3. Private companies Public companie

6, 7 , 8 & 9 4. Law Of Contracts 4.1. Contracts In General

4.1.1. Definition 4.1.2. Formation and Elements of contracts

4.1.2.1. Capacity of the parties


4.1.2.2. Consent of the parties 4.1.2.3. Defect in consent 4.1.2.4. Object of contract 4.1.2.5. Form of contract

4.1.3. Effect of contract 4.1.4. Extinction of Obligations 4.1.5. Contract Administration

4.2. Law Of Agency 4.2.1. Definition 4.2.2. Source of Agency 4.2.3. Scope of agency 4.2.4. Duties of Agent 4.2.5. Duties of principal

4.3. Law Of Sale Of Goods 4.3.1. Definition 4.3.2. Obligations of Seller 4.3.3. Obligation of Buyer 4.3.4. Common Obligations 4.3.5. Transfer of Risks

4.4. Law Of Insurance 4.4.1. Definition 4.4.2. Types of Insurance 4.4.3. Insurance policy 4.4.4. Rights and Duties of the parties

10 & 11 5. Law Of Negotiable Instruments 5.1. Definition 5.2. Bills of Exchange 5.3. Promissory Notes

1.1. Cheques

12 & 13 6. Law Of Banking Transaction 6.1. Deposits 6.2. Hiring of Safes 6.3. Contracts for current accounts 6.4. Discount

Credit transactions

14 & 15 7. Labor Law 7.1. Contracts of employment 7.2. Formation and terms of the employment

contract 7.3. Work of employee-contractual duties 7.4. Wages and working conditions to

employee 7.5. Employer duties-Health, Safety and

welfare 1.2. Termination of the employment contract

Teaching & Learning The teaching and learning methodology include lecturing, discussions, problem



Methods/strategy chapter for submission within a week. Solution to the assignments will be given






Test

1

Test

2

Test

3

Quiz Assignment Final Total

10% 10% 15% 5% 10% 50% 100%

Work load in hours

Hours Required

Total

Hrs

Lectures Lab

Assess-

ments Tutorials

Self-

Studies

Assign-

ment Advising

48 - 17

58 12 - 135


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







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.



I. Books and Monographs

• Goldberg, Everett F, An Introduction to Business Organizations, Journal of

Ethiopian Law, Vol. VIII, No.2

• Winship, Peter, Background Documents of the Ethiopian Commercial Code

of 1960 (Artistic Printers, Addis Ababa: 1974)

• Winship, Peter, Supplementary Materials: Business Organization, Faculty of

Law, Addis Ababa University (1974)

• MehreteabLeul, Joint Ventures and General Partnerships under Ethiopian

Law: A

A Comparative Study (1991), Unpublished Snr. Thesis, AAU Law Library

• BetreDawit, The Law of Business Organizations: A Comparative Study of

General

Partnerships and Private Limited Companies (1991), Unpublished Snr.

Thesis, AAU Law Library

II. Ethiopian Laws

• The Constitution of the Federal Democratic Republic of Ethiopia

• The Commercial Code of Ethiopian (1960)

• The Civil Code of Ethiopia (1960)

• Proclamations and regulations on the following (current as and when the

course is delivered)

✓ Commercial Registration and Business Licensing Proclamation

✓ Commercial Registration and Business Licensing Regulation

✓ Business Mortgage Proclamation

✓ Trade Practice Proclamation

✓ Trade Marks Registration and Protection Proclamation

✓ Labor Proclamation


a. Supportive Courses

Name of University:



Module Title Basic Management Concepts

Module

Number

Mgmt-M1052

Objective of

the module


• Explain the general overview of management in relation to its importance, roles, skills and

universality

• Develop a comprehensive understanding of basic concepts of management functions

• Describe marketing principles and concepts

• Explain the importance and role of product development and major components of marketing

Total ETCTS

and Credit

Hours of the

module

ETCTS: 10

Credit Hours: 6


Course

Number

Course Name Cr. Hr CP/ETCTS

Mgmt1051 Introduction to Management 3 5

Mgmt1052 Principles of Marketing 3 5

Mgmt1053 Contemporary Business Communication 2 3

Course Information

Course

Number

Mgmt1051


Course Title Introduction to Management

Degree

Program

BA Degree in Accounting and Finance

Module Basic Management Concepts

Module No

and Code

M5; Mgmt-M1052

Module

Coordinator

Lecturer

ETCTS

Credits

5

Contact Hours

(per week)

3

Course

Objectives &

Competences to

be Acquired

The course enables students to:

• Define the term management, basic concepts and principles of management.

• Explain the general overview of management in relation to its importance, roles, skills and

universality

• Acquire sound understanding of the nature and practice of management

• Develop a comprehensive understanding of basic concepts of management functions.

Course

Description

This course focuses on the basic concepts and principles of management, 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 & 2 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?

3, 4, & 5 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

6, 7, & 8 3. Decision Making

3.1. Meaning of decision making

3.2. Rational decision making process


3.3. Types (programmed and non-programmed decisions).

9 & 10 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

11 & 12 5. Staffing And Organization

5.1. The procurement function

5.2. Training and development function

5.3. Maintenance and utilization

5.4. Separation

13 & 14 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

15 & 16 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

Teaching &

Learning

Methods/strategy

The teaching and learning methodology include lecturing, discussions, problem solving, and analysis.

The full and active participation of students is highly encouraged.

Assessment/Ev

aluation


Test

1

Test

2

Quiz Assignments Final Total

10% 10% 5% 25% 50% 100%


Work load in

hours

Hours Required

Total

Hrs

ECTS

Lectures Lab

Assess-

ments Tutorials

Self-

Studies

Assign-

ment Advising

48 - 17 - 58 12 - 135 6

Course

Expectation

• The students must come to class prepared by bringing with you the appropriate materials like text

books and completed assignments. Compete the reading assignments and other activities on time.

• Make active participation during discussion (you must participate in class). If you are working in

group or with partner, you must talk to your group members or partner and be a part of the group.

Always be ready and willing to give constructive feedback to partners/ group members and listen to

their comments on your work.

• Use only English during group and pair work, class room and out of class room discussions.

Course Policy • It is compulsory to come to class on time and every time. If you are going to miss more than three

classes during the term, you should not take this course.

• You must do your assignment on time. No late assignment will be accepted.

• You will have short quizzes and tests. If you miss the class or, are late to class, you will miss the

quiz or test. No makeup test or quizzes will be given.

• You must do your own work and do not copy and get answer from someone else. Please be sure to

turn off your cell phones before class and exam session.

Text and

reference books

Reference Books

• C.B Gubta, “Business Organization and Management”, Sultan Chand & sons, New Delhi.

• David R. Hampton, “contemporary management”, McGraw Hill Inc., New York, 1981.

• Ernest Dale. “Management. Theory and Practices.” McGraw Hill Inc. New York, 1981.

• Fred Luthans, “Introduction to Management, A Contingency Approach”, McGraw Hill Book

Company New York, 1973.

• George R. Terry and Stephen G. Franklin, “Principles of management”, All India Traveller

book Sellen New Delhi, 1991.

• Harold Koonz, Cyril O’Donnell and Heinz Weihrich, “Management”, McGraw Hill

International New York, 1980.

• Henry sisik, “Management and Organization”, South Western publishing Co., Chicago, 1982.

• Peter F. Druker, “Management: Task and Responsibility”, IIaper & Row, New York, 1973.

• Peter F. Druker,” The practice of management” Haper & Brothers, New York, 1986.

• Samul C. Certo, “Principles of Modern Management”, Allyn and Bacon Inc., Boston, 1986.

• Y.K Bushan, “Fundamentals of business Organization and Management”, Sultan chand & sons,

New Delhi.

• Robert N. Lussier, Management: concepts, Applications, and skil development, “South western

college publishing, 1997.

• Richard m. Hodgets & Donald F. Kuralko, “Management,” Harcount Brace Jovanovich

publishers, 1991, third ed.

• Plunkett and Attner, Introduction to management, Wadsworth publishing company, 1994. 5 th

ed. And 6th ed.

• R.D Agrawal “ Organization & Management” New Delhi

• Bantie et. al., Introduction to Management.


Name of University:



Course Information

Course Number Mgmt1052

Course Title Principles of Marketing


Module Basic Management Concepts

Module Number

and Code

M5; Mgmt-M1052

Module

Coordinator

Lecturer

ETCTS Credits 3

Contact Hours

(per week)

2

Course Objectives &

Competences to be

Acquired

Upon completing this course, the student will be able to:

• Define basic/core marketing principles/ concepts

• Describe the marketing plan process and strategy

• Identify and analyze marketing environment

• Explain the bases of market segmentation and consumer buying behavior

• Define and classify products/ product mix

• Explain the importance and role of product development ;

• Discuss marketing channel concept, examine the structure and function of the channel system,

physical distribution and materials management

• Describe the role of promotion mix and identify factors affecting the choice of promotional

methods.

• Analyze the importance of pricing and examine key factors that may influence marketers

pricing decisions

Course Description The course covers an overview of marketing, the marketing environment, 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, 2, & 3 1. An Overview Of Marketing And Marketing Management

1.1. Marketing and its core concepts

1.2. Philosophies of marketing

1.3. Importance of marketing

1.4. Scope of marketing

1.5. Companies’ orientation to marketing

1.6. Goals of marketing system

4 & 5 2. Marketing Environments

2.1. Meaning of marketing Environment

2.2. Internal and External Marketing environmental Elements

6, 7, & 8 3. Buying Behavior

3.1. Consumer buying behavior

3.1.1. The buyers decision process

3.1.2. Major factors influencing buying behavior

3.1.3. Consumer buying, role

3.2. Organizational buying behavior

3.2.1. Characteristics of Business Market

3.2.2. Buying situations in organizational buying

3.2.3. Decision making process in organizational buying

3.2.4. Influence on organizational buying decision

9, 10, & 11 4. Market Segmentation, Targeting And Positioning

4.1. Market segmentation

4.1.1. Meaning of Market segmentation

4.1.2. Basis of segmenting the market

4.1.3. Importance of Segmentation

4.1.4. Procedures of Market Segmentation

4.2. Targeting the Market

4.3. The concept of positioning

12, 13, 14, 15 & 16 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

Teaching & Learning

Methods/strategy



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/Evalua

tion


Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours

Hours Required

Total

Hrs

ECTS

Lectures Lab

Assess-

ments Tutorials

Self-

Studies

Assign-

ment Advising

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.





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


Text and reference

books

Reference Books

• Stephen R. Robins, Organizational Behavior, Concepts, Controversies and applications, 7th

Edition, 1996.

• Plunkett and Attner, Management 6th Edition.

• Koonerty Wethrich, Management, 9th edition.

• Georgerr Terry, Principles of Management, 5th Edition.

Name of University:



Module Title Entrepreneurship and Strategy

Module Number Mgmt-M2142

Objective of the module • To enhance the ability to analyze trends, production, marketing, financial and

human resource data in an integrated manner for dynamic decision-making and

business plan development.

• Develop enterprise culture as well as business creation skills

• Know how to incorporate the claims of stakeholders in strategy formation,

implementation evaluation and control by taking in to account different

environmental forces.

• To understand business analytical tools and fundamental concepts in strategic

management.

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6




Mgmt2141 Entrepreneurship 3 5

Mgmt2142 Strategic Management 3 5

Course Information


Course Title Entrepreneurship


Module Entrepreneurship and Strategy

Module Number and

Code

M14; Mgmt-M2142

Module Coordinator

Lecturer

ETCTS Credits 3

Contact Hours (per

week)

2

Course Objectives &

Competences to be

Acquired

At the end of this course students will be able to:

• Define entrepreneurship within the context of society; organizations and

individuals.

• 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 Description This interdisciplinary course is designed to introduce students to the 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)

Teaching & Learning

Methods/strategy







Assessment/ Evaluation The evaluation scheme will be as follows:

Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours

Hours Required

Total

Hrs

Lectures Lab

Assess-

ments Tutorials

Self-

Studies

Assign-

ment Advising

48 - 10 - 58 19 - 135


organized manner. Besides, he allows students to discuss and reflect on issues raised


in the class room. He/she is also responsible to give feedback for each assessment.










• 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.

Name of University:



Course Information


Course Title Strategic Management


Module Entrepreneurship and Strategy

Module Number and

Code

M14; Mgmt-M2142

Module Coordinator


Lecturer

ETCTS Credits 3

Contact Hours (per

week)

2

Course Objectives &

Competences to be

Acquired

• Know how to incorporate the claims of stakeholders in strategy formation,

implementation evaluation and control

• 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

7.2. A strategy evaluation framework

7.3. Published sources of strategy evaluation

information

7.4. Characteristics of An effective evaluation system

7.5. The contingency model

7.6. Strategic Control: Control Process

7.7. The nature of strategy implementation

7.8. Key concepts in strategy implementation

Teaching & Learning

Methods/strategy


solving, and analysis. The instructor takes more of a facilitation role in case

discussions and may act as one of the participant.


Quiz 1 Quiz 2 Test Case

Analysis

Assignment Final Total

5% 5% 10% 10% 20% 50% 100%

Work load in hours

Hours Required

Total

Hrs

Lectures Lab

Assess-

ments Tutorials

Self-

Studies

Assign-

ment Advising

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

Name of University:



Module Title Operation Management

Module Number Mgmt-M3192

Objective of the module At the end of this module, students should be able to:

• 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.



Hours of the module

ETCTS: 5

Credit Hours: 3



Mgmt3191 Operation Management 3 5

Course Information


Course Title Operation Management


Module Operation Management

Module Number and

Code

M19; Mgmt-M3192

Module Coordinator

Lecturer

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

At the end of this module, students should be able to:

• 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.

Course Description

Lecture hours Course Contents Reading

1 & 2 1 Nature Of Operations Management

1.1 Introduction


1.2 Historical Development of Operation

Management

1.3 Manufacturing Operations and Service

Operations

1.3.1 Manufacturing Operations

1.3.2 Service Operations

1.4 Operations Decision Making

1.5 Productivity Measurement

3 & 4 2 Operations Strategy & Competitiveness

2.1 Introduction to operations strategy

2.2 Operations strategy in Manufacturing

2.3 Operations strategy in Services

5 & 6 3 Design Of The Operation System

3.1 Product and service design

3.2 Process selection

3.3 Strategic Capacity Planning

3.4 Facility Location & layout

3.5 Job Design and Work Measurement

7, 8, 9, & 10 4 Operations Planning & Control

4.1 Aggregate production planning

4.2 Operations Scheduling

11, 12, 13, & 14 5 Quality Management And Control

5.1 Meaning and nature of quality

5.2 Overview of TQM

5.3 Quality Specification

5.4 Continuous Improvement

5.5 Statistical Quality Control

5.6 Process Control Charts

Teaching & Learning

Methods/strategy


solving, and analysis. The full and active participation of students is highly

encouraged.



Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours Hours Required

Total

Hrs

Lectures Lab Assess Tutorials

Self-

Studies Assign Advising


ments ment

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.


organized manner. He/she allows students to actively participate in the class

discussions. He/she is also responsible to give feedback for each assessment.










• Chase, Richard N., Aquilano, Nicholas J. and Jacobs, F. Robert ( 1998),

Production and Operations Management- Manufacturing and Services, 8th

Edition, Irwin McGraw-Hill

• Wild Ray (1995), Production and Operation Management,5th Edition,

Cassell.

• Starr, Martin (1996), Operation Management: A Systems Approach, Boyd

and Fraser Publishing Company.

• Plossl, George W (1985), Production and Inventory Control: Principles and

Techniques, 2ed Edition, Prentice Hall.

• Evans, James R (1993), Production/Operations Management: Quality,

Performance and Services, 5th Edition, McGraw- Hill

• Dilworth James B (1993), Production and Operation Management -

Manufacturing and Services. 5th Edition, West Publishing.

• Dilworth, James R (1993), Production and Operation Management, 8th

Edition, International Thomson Publishing.

• Armistead, Colin and Rowland, Philip (1996), Managing Business Processes

( BPR and Beyond), John Wiley and Sons

• Duncan, William L (1995), Total Quality - Key Terms and Concepts, Luftig

and Warren international.

• Townsend, Patrick L and Gebhardt, Joan E.(1992), Quality in Action -93

Lessons in Leadership, Participation and Measurement, John Wiley and


Sons.

Name of University:



Module Title Moral and Ethics

Module Number CvEt-M1023

Objective of the module Upon successful completion of this module, students will be able to:

• Understand the subject matter of Civics and Ethics;

• Explain and exercise civil virtues and ethical values and norms;

• Know the civic, social and political dimension of their lives and the

importance of active participative citizens to the life of the state and all

people

• Develop positive attitude towards the values and principles of democracy

• Know the concept of democracy and good governance;

• Understand the essence of constitution, and constitutionalism; and know the

types and functions of constitution

• Examine the Ethiopia’s experience in constitutional development;

• Understand the interdependence of Environment and development;

• Develop positive attitudes towards environment, environmental protection

and work;

• Know the concept of development and developmental Ethics;

• Appreciate diversity and develop the culture of active tolerance

• Critically assess the practices and challenges of democracy and good

governance in a multi-cultural Ethiopia.


Hours of the module

ETCTS: 5

Credit Hours: 3



CvEt1021 Civics and Ethical Education 3 5

Course Information

Course Number CvEt1021

Course Title Civics and Ethical Education



Module Moral and Ethics

Module Number and

Code

M2; CvEt-M1023

Module Coordinator

Lecturer

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

Upon successful completion of this course, students will be able to:

• Understand the subject matter of Civics and Ethics;

• Explain and exercise civil virtues and ethical values and norms;

• Know the civic, social and political dimension of their lives and the

importance of active participative citizens to the life of the state and all

people

• Develop positive attitude towards the values and principles of democracy

• Know the concept of democracy and good governance;

• Understand the essence of constitution, and constitutionalism; and know the

types and functions of constitution

• Examine the Ethiopia’s experience in constitutional development;

• Understand the interdependence of Environment and development;

• Develop positive attitudes towards environment, environmental protection

and work;

• Know the concept of development and developmental Ethics;

• Appreciate diversity and develop the culture of active tolerance

• Critically assess the practices and challenges of democracy and good

governance in a multi-cultural Ethiopia.

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

Teaching & Learning

Methods/strategy



encouraged.



Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours

Hours Required

Total

Hrs

Lectures Lab

Assess

ments Tutorials

Self-

Studies

Assig

nment Advising

48 - 12 - 60 15 - 135


organized manner. He/she is also responsible to give feedback for each assessment.










• 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.

Name of University:




Module Title Psychology

Module Number Psyc-M1063

Objective of the module Upon completion of this Module, students would be able to:

• 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

ETCTS: 5

Credit Hours: 3



Psyc1061 General Psychology 3 5

Course Information

Course Number Psyc1061

Course Title General Psychology


Module Psychology

Module Number and

Code

M6; Psyc-M1063

Module Coordinator

Lecturer

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

Upon completion of this course, students would be able to:

• 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.

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

Teaching & Learning

Methods/strategy



encouraged.


Test

1

Test

2

Test

3


10% 10% 15% 5% 10% 50% 100%

Work load in hours

Hours Required

Total

Hrs

Lectures Lab

Assess

ments Tutorials

Self-

Studies

Assig

nment Advising

48 - 12 - 60 15 - 135


organized manner. Besides, he/she is responsible to give feedback for each

assessment.











• Morgan, T. Clifford, Richard A. King, John R. Weisz, and John

Schopler.(1996). Introduction to psychology. (7th Ed.) New York: McGraw-

Hill Book Company.

• Baron, A, Robert. (1995). Psychology. Prince-Hall of India: New Delhi.

• Davidhoff, L. Linda. Introduction to psychology.(3rd Ed.) New York:

McGraw-Hill Company.

• Huffman, K,Mark Vernoy and Barbara Williams.(1987). Psychology in

Action. John Willy and Sons New York

• Kalat, W.James. (1986). Introduction to psychology. Wadsworth Inc:

California.

• Morris, G. Charles. (1990). Psychology. An introduction. (7th Ed.). Prince-

Hall: New Jersey.

• Myers, G. David. (1995). Psychology. USA: Worth Publishers.

• Papalia, E. Diane and Sally Wendkos Olds.(1985). Psychology. McGraw-Hill

Book Company::

• New York.

• Rathus,A. Spencer. (1984). Psychology. (2nd Ed.) New Yirk:Holt, Rinehart

and Wilson.

• Weiten, Wayne.(1989). Psychology. Themes and Variations. Brooks/Cole

publishing Company: California.

• Note: In addition to the above listed reference books, students can refer to any

introductory book on psychology.

Name of University:



Module Title Basic English Skill

Module Number EnLa-M1013

Objective of the

module

By the end of the module, students will be able to:

• 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

Total ETCTS and

Credit Hours of the

module

ETCTS: 10

Credit Hours: 6



EnLa1011 Communicative English Languge Skills

I

3 5

EnLa1012 Communicative English Languge Skills

I

3 5

Course Information

Course Number EnLa1011

Course Title Communicative English Languge Skills I


Module Basic English Skill

Module Number and

Code

M1; EnLa-M1013

Module Coordinator

Lecturer

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

Upon completing the course, students will be able to:

• Express their ideas in various communicative contexts (in 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

Teaching & Learning

Methods/strategy


solving, and analysis. The full and active participation of students is highly encouraged.


Assessment Scheme %

Listening 10%

Speaking 10%

Reading 10%

Writing 10%

Vocabulary 10%

Grammar 10%

Final Examination 40%

Total 100%

Work load in hours


Hrs Lectures Assessments Tutorials Self-Studies Assignment

48 10 16 51 10 135


organized manner. He/she is also responsible to give feedback for each assessment.

Roles of the students The success of this course depends on the students’ individual and collective contribution







the works of others is considered as serious offence and leads to disciplinary actions.


Dean, M.1988. Write it; Writing Skills for intermediate learners of English.

Cambridge University Press

DEFLL, 1996.College English: volume I and II.AAU.AAU Printing Press

Gregory.1999.Public speaking for college and career (Fifth Ed).New York: McGraw

Hill College

Hewings, M. 1999.Advanced Grammar in use: self-study Reference Practice Book

for Advanced Learners of English. Cambridge: CUP.

MOE, 2005. Improve Your English: A Course for Ethiopian Teachers (Grade 1-4)-

Face to Face Learner's Books 1&2.Addis Ababa: EMPDE

Mohammedtahir and Tibebe Kasahun, 2005.Communicative English Skills II

(unpublished). Jimma University Press

Strong, W.1991. Writer's Choice: Grammar and Composition. Illinois: McGraw Hall

Name of University:



Course Information

Course Number EnLa1012

Course Title Communicative English Languge Skills II


Module Basic English Skill

Module Number and

Code

M1; EnLa-M1013

Module Coordinator

Lecturer

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives &

Competences to be

Acquired

Upon completing the course, students will be able to:

• construct meaningful sentences in English;

• 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




techniques




techniques

Teaching & Learning

Methods/strategy



encouraged.


Test 1 Test 2 Quiz 1 Quiz 2 2

Assignments

Final Total

10% 10% 10% 10 % 20% 40% 100%


Work load in hours


Hrs Lectures Assessments Tutorials Self-Studies Assignment

48 10 16 51 10 135


organized manner. He/she will make sure that proper assessments is given. He/she

is also responsible to give feedback for each assessment.










• 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)


Name of University:





Module Title Moral and Ethics

Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 5

Credit Hours: 3



LOCT1011 Critical Thinking 3 5

Course Information

Course Number LOCT1011

Course Title Critical Thinking


Module Moral and Ethics

Module No and Code

ETCTS Credits 5

Contact Hours (per

week)

3

Name of University:





Module Title Computing and Mathematics

Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 18

Credit Hours: 11



Emte1012 Introduction to Emerging Technologies 3 5

Course Information

Course Number Emte1012

Course Title Introduction to Emerging Technologies



Module Computing and Mathematics

Module No and Code

ETCTS Credits 5

Contact Hours (per

week)

3

Name of University:





Module Title Computing and Mathematics

Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 18

Credit Hours: 11



Math 1011 Mathematics for Social Scinces 3 5

Course Information

Course Number Math 1011

Course Title Math 1011


Module Computing and Mathematics

Module No and Code

ETCTS Credits 5

Contact Hours (per

week)

3

Name of University:



Course Information

Course code IS-2121

Course Title Fundamentals of Information system

Degree Program BA in Accounting and Finance


Module

Module

Coordinator

Lecturer

ETCTS Credits 3

Contact Hours (per

week) 2

Course Objectives To bring the students to a practical level of competency in business related IT tools,

including word processing, spreadsheets and presentation software.


• Explain the fundamental Information Technology (IT) concepts that underpin Business Information Systems.

• Explain the characteristics of different IT hardware configurations, in terms of processor, storage and input/output technologies.

• Describe different types of software as used by business. • Be competent in the use of a computer, produce documents, design

spreadsheets and make a presentation. Course Description To introduce students to the fundamental aspects of IT in business, including

hardware, software, data storage technologies and the theoretical basis for

understanding how systems work and interact.


2 WEEKS

(1ST and 2nd)

1. An Introduction Information Systems in organizations 1.1. Introduction to Information Systems 1.2. Information System in Organizations,

Stair and

Reynolds

Chapter 1

3 WEEKS

(3rd, 4TH & 5TH)

2. Hardware and Software 2.1. Hardware 2.2. Anatomy of a Computer 2.3. Computer System Types 2.4. Server Farms, Data Centers, and Green Computing 2.5. An Overview of Software 2.6. Systems Software 2.7. Application Software 2.8. Software Issues and Trends

Stair and

Reynolds

Chapter 2

3 WEEKS

(6TH, 7TH , & 8th )

3. Database Systems and Big Data 3.1. Data Fundamentals 3.2. Data Modeling and Database Characteristics 3.3. Relational Database Management Systems

Stair and

Reynolds


(DBMSs) 3.4. Big Data

Chapter 3

3 WEEKS

(9TH, 10th &11th )

4. Networks and Cloud Computing 4.1. Network Fundamentals 4.2. The Internet and World Wide Web 4.3. The Internet of Things 4.4. Cloud Computing

Stair and

Reynolds

Chapter 4

2 WEEKS

(12th & 13th)

5. Electronic Commerce and Enterprise Systems 5.1. An Introduction to Electronic Commerce 5.2. Electronic and Mobile Commerce Applications 5.3. Technology Infrastructure Required to Support E-

Commerce and M-Commerce 5.4. Transaction Processing Systems 5.5. Enterprise Systems

Stair and

Reynolds

Chapter 5

2 WEEKS

(14TH & 15TH)

6. Business Intelligence and Analytics 6.1. What Are Analytics and Business Intelligence? 6.2. Business Intelligence and Analytics Tools

Stair and

Reynolds

Chapter 6

1 WEEK

(16TH)

7. Knowledge Management and Specialized Information Systems

7.1. What Is Knowledge Management? 7.2. Overview of Artificial Intelligence

Stair and

Reynolds

Chapter 7

Teaching & Learning

Methods/strategy







Assessment/Evalua

tion


Test 1 Test

2

Test

3

Quiz1 Assignment

1

Final Total

10% 10% 10% 10% 10% 50% 100%

Work load in hours Hours Required

Total Hrs ECTS


Self-


16 32 10 - 23 - - 81 6


Roles of the

Instructor

He/she will come to the class regularly on time and deliver the lecture in a well-


assignment for the next class. He/she will make sure that proper assessments is










Text and reference

books

Text Book:

Stair & Reynolds, Fundamentals of Information System, 9th edition. 2018.

CENGAGE Learning.

Reference Books

• Bocij, Chaffey, Greasley& Hickey. Business Information Systems, Technology, Development & Management for the e-Business. 2003. Prentice Hall

• Business Information Systems, Dryden Press • Microsoft, Step by Step Word, Microsoft Press • Microsoft, Step by Step Excel, Microsoft Press, • Microsoft, Step by Step Power point, Microsoft Press


Name of University:



Course Information

Course code

Course Title Basic Statistics


Module Coordinator

Lecturer

ETCTS Credits 5

Contact Hours (per

week)

3

Course Objectives Enable students apply basic statistical techniques and methods for grouping, tabular

and graphical display, analysis and interpretation of statistical data.

This course aims:

• To demonstrate understanding of key statistical terms • Provide a working knowledge of the statistical tools used in business • Introduce techniques of gathering, organizing, presenting and interpreting

statistical data • Describe a set of grouped and ungrouped data by measuring the central

tendency and the variability of the data • Enable students apply the concept of probability to quantify uncertainty and

assess business risk. Course Description This course will provide students with a general understanding of statistical

techniques commonly used in solving business problems and undertaking

business research. Topics include frequency distributions, measures of central

tendency, dispersion, and probability theory.



9. Introduction to Statistics 9.1. What is Statistics? 9.2. ̀Descriptive Versus Inferential Statistics 9.3. Types of Variables and Scales of Measurement 9.4. Statistics in Business Decisions

10. Visual Description of Data 10.1. The Frequency Distribution and the Histogram 10.2. The Stem-and-Leaf Display and the Dotplot 10.3. Other Methods for Visual Representation of the Data:

Bar Chart, Line Graph, Pictograms, Pie Chart 10.4. The Scatter Diagram 10.5. Tabulation and Contingency Tables

11. Statistical Description of Data 11.1. Statistical Description: Measures of Central Tendency 11.2. Statistical Description: Measures of Dispersion 11.3. Descriptive Statistics from Grouped Data 11.4. Statistical Measures of Association

12. Probability And Probability Distribution 12.1. Basic definitions of probability 12.2. Fundamental concepts: experiment and event, event

and their relationships, conditional and joint probability 12.3. Definitions and classification of probability

distribution 12.4. Discrete random variables, expected value and variance

of discrete random variable 12.5. The binomial, Poisson, and hyper geometric probity

distributions and their applications. 12.6. Continuous Probability distribution: Uniform, Normal,

and exponential probability distributions and their applications.

Teaching & Learning

Methods/strategy

The teaching and learning methodology include lecturing via face to face or

virtually, 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 as well as

individually to present in a class room. The full and active participation of

students is highly encouraged

Assessment/Evalua

tion


Test 1 Test 2 Test 3 Quiz1 Assignment 1 Final Total

10% 10% 10% 10% 10% 50% 100%


Work load in hours


Hrs ECTS


Self-


96 - 33 18 96 - - 243 8



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.









Text and reference

books

Text Book:

Ronald M. Weiers (2011). Introduction to Business Statistics. 7th edition.

Reference Books

David R. Anderson. Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm and

James J. Cochran (2018) Statistics for Business and Economics, 13th

revised edition.

David F. Groebner, Patrick W. Shannon, Phillip C. Fry, and Kent D. Smith (2011).

Business statistics a decision making approach 8th edition.

Douglas A. Lind, William G. Marchal, Samuel A. Wathen (2013) Basic Statistics

for Business & Economics, 9th edition.

James T. McClave, P. George Benson, and Terry Sincich (2018) Statistics for

Business and Economics, 13th edition.

Mark L. Berenson, David M. Levine, and Timothy C. Krehbiel (2012). Basic


Business Statistics: Concepts and Applications, 9th edition.

Paul Newbod, William L. Carlson, and Betty Thorne (2013). Statistics for business

and economics. 8th edition.

Sanjiv Jaggia and Alison Kelly (2020). Essentials Of Business Statistics:

Communicating With Numbers, Second Edition

Name of University:





Module Title General Studies

Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 14

Credit Hours: 9



Anth1012 Social Anthroplogy 2 3

Course Information

Course Number Anth1012

Course Title Social Anthroplogy


Module General Studies

Module No and Code

ETCTS Credits 3

Contact Hours (per

week)

2

Name of University:






Module Number

Objective of the

module

Total ETCTS and ETCTS: 14


Credit Hours of the

module

Credit Hours: 9



GeES1011 Geography of Ethiopian and the Horn 3 5

Course Information

Course Number GeES1011

Course Title Geography of Ethiopian and the Horn



Module No and Code

ETCTS Credits 5

Contact Hours (per

week)

3

Name of University:






Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 14

Credit Hours: 9



SNIE1012 Inclusiveness 2 3

Course Information

Course Number SNIE1012

Course Title Inclusiveness



Module No and Code SNIE1012

ETCTS Credits 3

Contact Hours (per

week)

2


Name of University:






Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 14

Credit Hours: 9



GLTR1021 Global Trend 2 3

Course Information

Course Number GLTR1021

Course Title Global Trend



Module No and Code GLTR1021

ETCTS Credits 3

Contact Hours (per

week)

2

Name of University:






Module Number

Objective of the

module

Total ETCTS and

Credit Hours of the

module

ETCTS: 14

Credit Hours: 9



SPSC 1011 Physical Fitness - -

Course Information

Course Number SPSC1011

Course Title Physical Fitness



Module No and Code Spsc1011


ETCTS Credits -

Contact Hours (per

week)

-