CHAIR OF FINANCIAL ACCOUNTING
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History, operations
The chair was formed in 1981 by merging the Chairs "Accounting" and "Economic Activity Analysis", further was renamed "Accounting and Audit": in 2009, as a result of the reorganization of the chair, the "Financial Accounting" chair was formed.
The core subjects included in the educational program of the chair are taught in the bachelor's and master's degree programs of the chair, as well as in all ASUE faculties (at bachelor’s degree program).
The Chair of Financial Accounting closely cooperates with the respective chairs of CIS universities and international universities of economics, the Chamber of Auditors and Expert Accountants of Armenia, Armenian software, the RA State Revenue Committee, other departments and organizations of the private and public sector.
The chair regularly carries out activities to improve educational programs in line with international requirements. The revised and improved programs are based on the requirements of the International Education Standards of International Federation of Accountants and the ACCA (Association of Chartered Certified Accountants of Great Britain) educational program that is a professional body uniting 780,000 professionals in finance, accounting and audit functioning in approximately 170 countries.
The chair carries out ongoing activities to develop Armenian language professional literature, thus equipping the ASUE library with professional educational manuals.
The strict foundations of the professional development and the potential of the chair are aimed at organizing the teaching process in line with international educational standards and ensuring the continuity of such developments.
Heads of the Chair
- PhD in Economics, Associate Professor A. Sargsyan
- Doctor of Economics, Professor A. Sargsyan
- Associate Professor R. Chobanyan
- From 2022, the head of the chair is Doctor of Economics, Professor Hayk Mnatsakanyan,
Profession at bachelor's degree program
- "Accounting and taxation (by field)" educational program of the specialty "Accounting and taxation"
Specialization at master's degree program
- "Accounting and taxation (by sector)" educational program of the specialty "Accounting and taxation (by industry)"
Subjects taught at the bachelor’s degree program
A number of specialized subjects in line with some non-specialized subjects are taught by the chair, including:
- Theory of accounting
- Financial accounting - 1
- Financial accounting - 2
- Accounting in banks
- Financial management
- Corporate accounting
- Taxation
- Financial Statements and Reports
- Accounting standards
- Preparation of tax reports
- Accounting in insurance companies
- Accounting in public sector organizations
- Application of information technologies in financial accounting (1C)
- Accounting in construction companies
Subjects taught at Master’s degree program
- Current issues of the profession
- Scientific Research Methodology
- Business English
- Preparation of financial statements
- Business Law
- Tax accounting and administration
- Automatic accounting systems in trade
- Analysis of financial statements
- Accounting and financial reporting in banks
- Consolidated Financial Statements
- Public Sector Accounting
- Audit and Internal Control
Scientific Research activities
The main directions of research works are the current issues of accounting and presentation and development of financial reports within the frames of International Financial Reporting Standards (IFRS) and how to solve them, as well as current issues of tax accounting, accounting and reporting in public sector organizations, and issues of accounting and reporting in banks, etc.
Staff of the Chair regularly takes part in both local and international conferences. Dozens of scientific and educational works are published annually.
Staff of the Chair
- Mnatsakanyan Hayk Gerasim - Head of the Chair, Doctor of Economics, Professor
- Sargsyan Alvard Hrachik – PhD in Economics, Associate Professor
- Hakobyan Armen Ashmat – Doctor of Economics, Professor
- Poghosyan Manya Babken – PhD in Economics, Associate Professor
- Sahakyan Levon Sahak - PhD in Economics, Associate Professor
- Oganezova Nelli Suren - Senior Lecturer
- Kostanyan Gohar Gagik - PhD in Economics, Associate Professor
- Stepanyan Tehmine Arsen – PhD in Economics, Associate Professor
- Gasparyan Anush Ashot – PhD in Economics, Associate Professor
- Nersisyan Karen Vasil - PhD in Economics, Associate Professor
- Hovakimyan Tamara Sirakan – Associate Professor
- Markosyan Ara Khachatur - PhD in Economics, Senior Lecturer
- Avalyan Gayane Zhora - PhD in Economics, Lecturer
- Khalatyan Lena Norayr - Lecturer
- Harutyunyan Gohar Mihrdat - Lecturer
- Martirosyan Narine Rudik - PhD in Economics, Associate Professor
- Mikayelyan Anush Sarmen - PhD in Economics, Lecturer
- Paniryan Tatev Armen - Lecturer
- Osipyan Liana Harutyun - Lecturer
- Zakaryan Rafayel Serzhik - Lecturer
- Serobyan Ani Artavazd - Lecturer
- Petrosyan Tatevik Siraznik - Lecturer
- Avetisyan Sahakanush Gagik - PhD in Economics, Lecturer
- Avalyan Elen Artyom - Lecturer
- Arabajyan Lilit Vladimir – Lecturer
- Simonyan Flora Vanik – Lecturer
- Harutyunyan Hrach Samvel – Lecturer
- Gasparyan Liana Gagik – Lecturer
- Vardanyan Hripsime Samvel – Lecturer
- Sahakyan Hamlet Ararat – Lecturer
- Davtyan Tigran Petros – Lecturer
- Sarkisyan Zoya Roman - Assistant
- Mikayelyan Gabriel Mikayel - PhD in Economics, Associate Professor
- Baghdasaryan Alisa Meruzhan - Lecturer
- Karapetyan Venera Arthur – Senior Lab Assistant