In line with the new Ethiopian Financial Reporting Proclamation, Addis Ababa University held a curriculum revision workshop for Accounting and Finance B.A programs on Saturday, August 19, 2017 at the Mandela Hall.

Yitbarek Takele (Ph.D.), Dean of the College of Business and Economics (CoBE), delivered a warm welcoming speech to participants of the workshop.

Samuel Desalegn, representative of the Ministry of Education (MoE), reminded participants that one of the main focus areas of the second growth and transformation plan is tremendous investment in the industrial sector. He went on to point out that the bulk of domestic and foreign investment expected in the sector needs to be supported by the availability of capable manpower trained in auditing and finance. The role of Universities, he explained, is vital in developing that manpower.

The MoE representative also stated that the governmental office has started to revise the curriculum of B.A programs in Accounting and finance so that they correspond with the new Ethiopian Financial Reporting proclamation issued by the House of People’s Representatives.

He stated that the need for revision arose due to the changing business environment and the need to match the curriculum with the changes at hand.

Temesgen Worku Accounting and finance Lecturer noted that the revision considered International Standards, its local relevance, current ICT utilization levels, practical case studies and UNCTAD – model accounting curriculum.

Different sections of financial reporting were presented during the workshop. Representatives from Mekelle University, Bahir Dar University, Jimma University, Arbaminch University, Hawassa University and Haromaya University participated in the breakout sessions.

Gashe Yemene, Director General of the Accounting and Audit Board of Ethiopia, handed out Certificates and made the closing remarks.