UNDERLYING ASPECTS OF THE ACCOUNTING PROGRAM
Times are entirely different due to changes in the environment. Globally, business is becoming more customer-focused and educators should consider the students, society, the country and the whole world as its customers. With customer-focused orientation, quality and customer satisfaction are first and foremost. It is high time to re-engineer the focus of education.
A number of public Ethiopian higher education institutions are currently attempting to use Business Process Re-engineering (BPR) as a change management strategy to obtain radical changes all their services. With the advent of the new thinking, the need for paradigm shift to customer-centered approach. One of the many dimensions of the institutional transformation through BPR, curriculum development, is the principal sub-process in the Teaching Learning Core Process. It is presumed to serve as a bridge to link the community /stakeholder and the university. Business organizations are in dire need of industry-relevant graduates, and employers have set certain criteria in selecting accounting graduates needed by their companies.
The College has been using the conventional 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 to the world of work. These and other concerns over the teaching-learning process have called for institutional transformation which includes the curriculum improvement.
It is in this regard that the Department of Accounting has recently made a major revision of its curriculum. A thorough review of the existing degree offerings were done and it resulted to changes of the curriculum that had been essentially unchanged for some years. The revised accounting curriculum will provide students with the combination of a broad business background and technical accounting knowledge necessary for success in this dynamic profession. It will develop the conceptual and technical accounting skills as well as written and oral communication skills. The curriculum allows the students to explore a wide range of subject areas. Graduates of Accounting will then be prepared for professional careers in public accounting, as well as for managerial accounting positions in government and industry. The accounting curriculum also provides an excellent background for students who want to pursue graduate work in business, public administration, or law. Today’s business environment, with increasing responsibilities for analysts and advisers, requires extensive knowledge of individuals entering the accounting profession.
Rationale of the Program
The Accounting program aims to prepare accounting graduates who will serve the professional and technical needs of the community, in particular; and the society, in general; in private and public institutions in the areas of accounting. Apart from the professional and technical competence required in this field, the department in its teaching methodology, also aims to develop in them moral and ethical values which should be interwoven into the lifestyle of every student in accounting, who in many cases, will become future trustees of financial and other economic resources that belong to an organization. Studying accounting is an excellent means for students to prepare for their future. Challenging and rewarding professional opportunities are open to students majoring in accounting. The accounting curriculum prepares students for careers in auditing, corporate accounting, management consulting, government and not-for-profit organizations and taxation.
To be a provider of industry-relevant and highly specialized Accounting education at undergraduate level in Ethiopia.
The Accounting program strives to provide quality educational experience for undergraduate students pursuing careers in accounting. The Accounting course offered in EAC provide students with broad training in accounting skills. The program is designed to create an environment which maximizes the development of critical skills such as problem solving, analysis, communication, and teamwork. Furthermore, the program tries to incorporate business ethics to produce graduates who can honestly and morally serve the society.
Upon completion of the degree, Bachelor of Arts in Accounting, the graduates will be able to:
- Develop the skills, techniques, methods and diligence necessary for the accounting profession.
- Record, classify, summarize and prepare financial statements based on generally accepting accounting principles accounting to international accounting standards.
- Analyze and interpret accounting information for management’s decision-making.
- Establish an accounting system for business or improve an existing one where necessary.
- Provide management with other important cost and financial information in terms of cost-volume-profit analysis, capital investment evaluation, variance analysis, gross profit analysis, and other aspects in the field of management accounting
- Develop a system of internal control where assets are protected.
- Endeavor to make use of technological advancement to enhance efficiency in the practice of accounting profession.
- Become professionals in the field of accountancy by preparing for the ACCA or CPA Licensure examinations when desired.
- Prepare a feasibility study and apply it in the actual development of an enterprise.
- Manifest the enduring values of honesty and integrity in his job assignment, profession and in his relationships with other persons, business and government.
The program’s teaching and learning process includes a variety of instructional strategies to accommodate various student learning styles and provides opportunities that will help students to construct their understanding of the concepts and practices of the respective courses involved. The teaching will be inquiry oriented and is aimed at developing students' greater independence as individual thinkers and as individuals who are capable to work independently and with groups.
- Students who have successfully completed preparatory program and passed the entrance exam set by the Ministry of Education (MOE) each year.
- Students coming from TVET; 10+3 or Level 4 shouldfulfillthe following requirements:
a. Certificate of Competence. b. Certificate of work experience of the same field at least one year. c. Pass the entrance exam prepared by the College.
Duration of the Program
The Bachelor of Arts in Accounting requires a minimum of 108 credit hours. This program requires at least three years to complete.
Teaching Staff Profile
Mrs. Marylin U. Gloria, CPA, MSC – Head, Department of Accounting
Bachelor of Business Administration in Accounting, Mindanao State University, Philippines Certified Public Accountant Master of Commerce in Accounting and Taxation – University of Santo Tomas, Philippines
Mr. Desta Obse, MBA Bachelor of Arts in Accounting, Ethiopia Adventist College, Ethiopia Master of Business Administration in Finance – Dilla University, Ethiopia
Mr. Senberu Bullo, MBA Bachelor of Arts in Accounting, Ethiopia Adventist College, Ethiopia Master of Business Administration – Dilla University, Ethiopia
Mrs. Habtamnesh Terefe, MSA* Bachelor of Arts in Accounting – Ethiopia Adventist College, Ethiopia Master of Science in Accounting – Hawassa University, Ethiopia
Mr. Gemeda Berisso, MBA* Bachelor of Arts in Accounting – Ethiopia Adventist College, Ethiopia Master of Business Administration – Adventist University of Africa, Kenya
Course Category Credit Hours
Cross Departmental 33
General Education 11