About Department
Why should I select the “Accounting” Department?
We strongly suggest/recommend Accounting Department of TIU to all applicants, the rationale behind our suggestion/recommendation is that.
1- To make graduates as professional accountants as per international standards by taking local standards as well into consideration.
2- To identify ethical issues associated to accounting profession.
3- prepare financial statements according to Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
4- To apply critical thinking to examine and analyze financial data and effects of differing financial accounting methods on the financial statements.
5- To identify the needs of the various users of accounting data and communicate and recommend such data to stakeholders.
6- To apprehend fraud related circumstances and find preventives measures.
7- To discuss current auditing standards and acceptable practices, as well as the impact of audit risk on the engagement.
8- To identify the audit process from the engagement planning stage through completion of the audit, as well as the rendering of an audit opinion via the various report options.
9- To apply cost accounting methods to evaluate and project business performance.
10- To assess the taxation of individual income and corporate income.
11- To apply appropriate judgment derived from knowledge of accounting theory, to financial analysis and decision making.
11 We offer MA/MSc programs to the graduates.
What can I do with my degree?
Areas
• Financial Accounting
• Cost and Managerial Accounting
• Taxation
• Auditing
• Banking and Finance
Employers
• All National and International organizations
• Universities and educational institutions
• Auditing firms
• Banks
Strategies
• Department makes graduates to be able to use the knowledge and skills consistent with the accounting profession.
• Department makes graduates demonstrate ethical decision making skills in consistent with GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) as future accountants
• Department makes graduates apply critical, analytical problem solving and logical thinking skills which are inherent in the profession.
• Department makes graduates apply accounting theoretical knowledge practically by understanding the needs of the industry.
• Department makes graduates exhibit self-discipline, consistency, accuracy and proactivity in their field work.
Mission & Vision
Vision
To be the leader in providing ethical and international accounting education in the region.
Mission
The mission of the Accounting B.Sc. degree program is to provide quality of education and research with international standards, ethical & human values to the students to carve them as future professional leaders by educating them the modern concepts in accounting and enabling them to tackle professional challenges effectively and efficiently in the industry.
Objectives
- Graduates will be able to use the knowledge and skills consistent with the accounting profession. Graduates will demonstrate ethical decision-making skills in consistent with GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) as future accountants
- Graduates will apply critical, analytical problem solving and logical thinking skills which are inherent in the profession.
- Graduates will apply accounting theoretical knowledge practically by understanding the needs of the industry.
- Graduates will exhibit self-discipline, consistency, accuracy and proactivity in their field work.
Program Outcomes
1. Identify ethical issues associated to accounting profession.
2. Prepare financial statements according to generally accepted accounting principles (gaap) and international financial reporting standards (ifrs)
3. Apply critical thinking to examine and analyze financial data and effects of differing financial accounting methods on the financial statements.
4. Identify the needs of the various users of accounting data and communicate and recommend such data to stakeholders.
5. Apprehend fraud related circumstances and find preventives measures.
6. Discuss current auditing standards and acceptable practices, as well as the impact of audit risk on the engagement.
7. Identify the audit process from the engagement planning stage through completion of the audit, as well as the rendering of an audit opinion via the various report options.
8. Apply cost accounting methods to evaluate and project business performance.
9. Assess the taxation of individual income and corporate income.
10. Apply appropriate judgment derived from knowledge of accounting theory, to financial analysis and decision making.