Accreditation Accounting & Finance

REPUBLIC OF ZAMBIA
MINISTRY OF HIGHER EDUCATION

HIGHER EDUCATION AUTHORITY
The Higher Education Act No. 4 of 2013
APPLICATION FOR ACCREDITATION OF HIGHER EDUCATION LEARNING

PROGRAMMES IN ALL PUBLIC AND PRIVATE HIGHER EDUCATION
INSTITUTIONS (Part IV, Section 20 (h))
A. INSTRUCTIONS
A Higher Education institutions applying for Accreditation of Higher Education Learning

Programmes should send this Application Form to:
The Director General

Higher Education Authority
P.O. Box 50464
LUSAKA
B. ADMINISTRATIVE DATA
Name of Higher Education Institution
ROCKVIEWUNIVERSITY
Physical Address Twin Palm Crossroads

Postal Address P.O Box 31108
Telephone Numbers 0260955151517/260973184162
FAX Numbers
E-mail Address infor@rockviewuniversity.com
Contact Person Dr. Hosea Lupambo Chishala
Designation of Contact Person The Vice Chancellor
1
C. CRITERIA FOR ACCREDITATION OF HIGHER EDUCATION LEARNING
PROGRAMMES
C1. Introduction
Applicants for Accreditation of Higher Education Learning Programmes under the Higher
Education Act No. 4 of 2013 are required, under Part IV, Section 20(h), to provide
information on the Learning Programmes which the Higher Education Institution wishes to
offer.
This information will relate, but not limited, to the following:
1. Aims and Objectives

2. Curriculum
3. Assessment
4. Staff
5. Facilities and Teaching and Learning Support
6. Internal Quality Assurance
7. Financial Resources
C2. Details of Higher Education Learning Programmes
Programme Reference Number

Name of Learning ProgrammeBA HU (Accounting and Finance)
Aims and Objectives
Rationale of the Learning Programme in relation to national Goals and Educating Our
Future Policy document on education.
INTRODUCTION
The Bachelor of Arts with Accounting and Finance program exposes students to
comprehensive reading, academic research, analytical, constructive and critical thinking skills
hence able to fit in any labor market such as Business, Investment, Economics, Banking and
Accounting.
In addition, the programme enables students to acquire the necessary knowledge, skills and
dispositions necessary to deal with the conflicting ideas in society. Therefore, it is designed to
produce students that are well informed, responsible and have participatory skills in political
life, in conducting various academic research works, and also committed to the fundamental
values and principles of Zambia’s constitutional democracy.
THE AIM OF THE PROGRAMME
The aim of the programme is to impart critical thinking and innovative skills to the students
which will enable them to contribute effectively to national development.
THE OBJECTIVES OF THE PROGRAMME

At the end of this programme students should be able to;
i. Develop an analytical, innovative, creative and constructive mind.

ii. Analyze the relationship between scientific thought, action and technology on the one
hand, and sustenance of the quality of life on the other.
iii. Provide insight into the results of Management decisions
iv. Learn to become Professional Accountants.
v. Provide deeply significant Data regarding enterprise prior experience
vi. Apply financial analysis Tools and Techniques to decision making
vii. Consider the effect of global influences on the financial decision making process.
Programme ReferenceNumber
Name of Learning Course: BA HU (Accounting and Finance)
C2.2.1Curriculum
Details of Learning Outcomes, Teaching and Learning Plans, Levels of

Qualifications and Articulation in the Zambia Qualifications Framework
The programme structure for the Bachelor of Arts with Accounting and Finance will be as
follows.
YEAR 1MAJORS AND MINORS
1. ACC111: Financial Accounting

2. COM11: Communication and Study Skills
3. EC111: Introduction to Economics
4. EC112: Business Mathematics
5. HRM111: Principles of Management
6. ICT111: Introduction to Computers
7. MKT111: Principles of Marketing
YEAR 2MAJORS AND MINORS
1. ACC213: Principles of Taxation

2. BF211: Monetary and Financial Systems
3. BF213: Financial Planning, Analysis and Reporting
4. EC212: Intermediate Macro Economics
5. EC213: Intermediate Micro Economics
6. BUSD211 :Entrepreneurship and Innovation
7. BBS240: Information Management Systems
8. MKT211: Business Law
YEAR 3 MAJORS AND MINORS
1. ACC311: Public Sector Accounting

2. ACC312: Auditing
3. ACC313: Decision and Performance Management
4. ACC314: Cost and Management Accounting
5. BF312: Investment Analysis and Portfolio Management
6. BF313: Financial Risk Management
7. ATT400: Industrial Attachment
8. RPW 311: Research –Proposal Writing
YEAR 4 MAJORS ONLY
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1. ACC411: Corporate Reporting and Financial Analysis
2. ACC415: Strategic Management
3. D411: Dissertation
4. BF412: Corporate Finance
5. BF414: Lease and Project Financing
6. BF417: Financial Management
7. HRM417: Corporate Governance and Business Ethics.
C2.2.2 LEARNING OUTCOMES

The learning outcomes for the different courses have been arranged according to the layout of
the course structure from year 1 to year 4.
YEAR 1
ACC 111: FINANCIAL ACCOUNTING – Full Course
Aim: This course aims at introducing students to key concepts of Financial Accounting and
its importance to the Accounting and Business studies.
Learning Objectives
Having successfully done this course, students should be able to:
 Define Book Keeping
 Explain the general purposes and functions of Accounting
 Explain the differences between Management and Financial Accounting
 Describe the main elements of Financial Accounting Information: Assets,
Liabilities, Revenue and Expenses.
 Identify the main Financial Statements and their Purposes.
TEACHING METHOD
 Three hour lectures per week
 One hour tutorial presentations per week
ASSESSMENT STRUCTURE
 Continuous assessment50%
 4 Assignments20%
 2 Tests 20%
 1 Presentation 10%
 Final examination 50%
COM 11: COMMUNICATION AND STUDY SKILLS- Full Course
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Aim: To help Students learn how to convey information—and the understanding of that
information—from one person or group to another person or group.
This communication process is divided into three basic components: A sender transmits a
message through a channel to the receiver.
Learning Objectives
 Demonstrate a strategy for using communication skills over an extended period of

time.
 Monitor and critically reflect on these communication skills, adapting the strategy as
necessary, to produce the quality of outcomes required
 Evaluate this overall strategy and present outcomes.
TEACHING METHOD
 Continuous assessment 50%

 4 Assignments 20%
 2 Tests 20%
 50%
HEC111: INTRODUCTION TO ECONOMICS – Full Course

Aim: To introduce the tools used by economists to analyze patterns of international trade and
to study international trade policy. We will consider the main models of international trade as
well as empirical tests of these models.
Learning Objectives
 Define what is economics, and the basic economic problem.
 Defines economics, and distinguish between microeconomics and macroeconomics.
 Explains how do choice end up determining what, how and for whom goods and
services get produced.
 Absorbs the economic way of thinking.
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 Use demand and supply to make predictions about changes in prices and quantities.
 Explains how demand and supply curve obtained.
 Explains how prices and output in an industry are determined, and why firm enter and
leave the industry.
 Defines and calculate the elasticity of demand and supply, and explain the factors that
influence the elasticity of demand and supply.
 Describe and distinguish between different types of markets.
 Defines perfect competition market.
 Defines monopoly and monopolistic competition markets.
 Defines oligopoly and duopoly markets.
TEACHING METHOD
 2 Tests 20%
EC112: BUSINESS MATHEMATICS- Full Course

Aim: This course introduces students to the financial formulas, fractions; measurements
involved in interest calculation, hire rates, salary calculation, tax calculation etc. which help
complete business tasks efficiently. Business mathematics also includes statistics and
provides solution to business problems.
Learning Objectives
 Reconcile and analyze various banking statements and services;
 Solve a variety of interest formulas and calculate payroll;
 Utilize correctly the mathematics of buying and selling;
 Utilize calculations to analyze investments, business and consumer loans, and charge
accounts;
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TEACHING METHOD
 2 Tests 20%
HRM 111: THE PRINCIPLES OF MANAGEMENT
AIM
This course aims to Improve Understanding - From the knowledge of principles managers get
indication on how to manage an organization. The principles enable managers to decide what
should be done to accomplish given tasks and to handle situations which may arise
in management. These principles make managers more efficient.
LEARNING OUTCOMES
 Assess managerial practices and choices relative to ethical principles and

standards
 Specify how the managerial tasks of planning, organizing, and controlling can
be executed in a variety of circumstances.
 Determine the most effective action to take in specific situations.
 Evaluate approaches to addressing issues of diversity.

 Evaluate the global context for taking managerial actions of planning,
organizing and controlling.
 Assess global situation, including opportunities and threats that will impact
management of an organization.
 Integrate management principles into management practices.
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ASSESSMENT STRUCTURE:

 2 Tests 20%
ICT 111: INTRODUCTION TO COMPUTERS
AIM: This course introduces computer concepts, including fundamental

functions and operations of the computer. Topics include identification of
hardware components, basic computer operations, security issues, and use of
software applications. Upon completion, students should be able to
demonstrate an understanding of the role and function of computers and use
the computer to solve problems.
LEARNING OUTCOMES:
 Upon completing requirements for this course, the student will be able to:
 A. Identify the basic elements required in a computer system.
 B. Produce electronic documents using various software applications.
 C. Have knowledge on how to protect the computers (software and hardware)
 D. Illustrate the role of the computer for personal and professional uses.
ASSESSMENT:
 4 Assignments, 20%
 2 Tests, 20%
 1 presentation and an end of term exam 10%
MKT 111: PRINCIPLES OF MARKETING

AIM
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This course aims to introduce the marketing concept and how we identify, understand and
satisfy the needs of customers and markets. To analyze companies and competitors and to
introduce marketing strategy to increase awareness of the strategic and tactical decisions
behind today’s top performing brands.
LEARNING OUTCOMES
 Define marketing
 Identify evidence of marketing in everyday life
 Demonstrate a clear understanding of the marketing concept
 Describe the role of marketing in building and managing customer relationships
 Describe how different types of organizations, such as nonprofits, consumer product
(B2C) firms and business-to-business (B2B) organizations, use marketing
 Explain how marketing creates value for the consumer, the company, and society
 Explain why the customer is the cornerstone of marketing.
 Briefly explain the concepts of segmentation and targeting.
 Describe the marketing mix.
 Explain how organizations use the marketing mix (often called the four Ps) to market to
their target customers.
ASSESSMENT STRUCTURE:

 2 Tests 20%
YEAR 2
ACC 213: PRINCIPLES OF TAXATION
AIM
The aim of studying principles of Taxation is to provide students with an understanding of
the general principles of taxation from a multidisciplinary perspective: legal, political, social
and economic. ... They will study communitarian and libertarian approaches to the right of
the state to tax.
COURSE OBJECTIVES
 Describe the principles and role of taxation
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 Calculate tax liabilities for individuals, businesses and companies
 Explain the administrative procedures for direct taxes
 Calculate and account for VAT and Customs and Excise Duties
 Identify and respond appropriately to ethical issues arising in the course of performing
tax work
Teaching and Learning plan

Lectures
 A Lecture is equivalent to an hour.
 3 lectures a week for 11 weeks per term
 33 hours per term
 99 hours of lectures per year
Tutorial
 Tutorial is equivalent to an hour.
 One tutorial per week for 11 weeks.
 11 hours of tutorials per term
 33 tutorial hours per year
CONTINUOUS ASSESSMENT

 2 Tests 20%
MONETORY AND FINANCIAL SYSTEMS
COURSE AIM
This course is aimed at equipping students with knowledge in management of inflation or
unemployment, and maintenance of currency exchange rates. Pegged Exchange Rates
Foreign currency exchange rates measure one currency's strength relative to another..
OBJECTIVES
By the end of this course, students shall be able to: -
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 Describe the financial system.
 Elucidate the market in which money is created: the money market.
 Discuss the significance of the interbank markets in money creation.
TEACHING METHODS
 Three lecture hours per week

 One-hour tutorial per week
ASSESSESSMENT STRUCTURE
 Continuous Assessment 50%
4 Assignments 20%
2 Tests 20%
1 Presentation 10%
 Final Exam 50%
BF 213: FINANCIAL PLANNING AND ANALYSIS AND REPORTING – Full Course
Aim: This course introduces students to based on research, data collection, and data analysis,
advise a company's management on the most financially efficient means of growing the
company's business and profits.
Learning Objectives
 Understand the relevance of financial planning and analyzing to financial statements.
 Understand how financial statements can help financial planners choose the most
profitable product line or service.
 State How budgeting helps in forecasting Company’s future financial performance
 Explain what scenario planning is.
 2 Tests 20%
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EC 212: INTERMEDIATE MACRO ECONOMICS
Aim: This course introduces learners with a rigorous overview of

modern macroeconomics. ... The principal objective of this class is to equip students with the
tools and ideas necessary to understand the aggregate economy and to make informed
opinions about different economic policies.
Learning Objectives
 Explain how the main macroeconomics aggregates are calculated and their
main limitations.
 Describe the behavior of the economy in the long run. In particular, explain
how national income, inflation and unemployment are explained by the
classical model.
 Explain what determines economic growth.
 Explain the Solow growth model.
 Describe the golden rule level of capital.
 Use the Solow growth model to compare economic growth across countries.
 Explain the endogenous growth theory.
 Use growth accounting to determine the sources of economic growth.
 Describe the behavior of the economy in the short-run. In particular, explain
how national income, inflation, and unemployment are explained by the IS-
LM model.
 Explain the role of fiscal and monetary policies in the IS-LM model.
 Explain the aggregate demand (AD) and aggregate supply model (AS).
 Describe the main theories of consumption.
 Describe the main theories of investment.
 Explain the current debate on macroeconomic policies.
 4 assignments 20%
 2 tests 20%
 1 individual presentation 5%
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 1 peer teaching 5%
Final examination 50%
EC 213: INTERMEDIATE MICRO ECONOMICS
Aim: The purpose of this course is to help students understand the behavior of individuals
and firms to interpret how they make decisions given the scarcity of resources.
Learning Objectives
 Demonstrate an understanding, usage and application of basic economic principles

 Describe and apply the methods for analyzing consumer behavior through demand
and supply, elasticity and marginal utility
 Understand the role of alternative property rights in resource allocation.
 Explain what economics is and why it is important
 Explain how economists use economic models
 Use mathematics in common economic applications
 Use graphs in common economic applications
 Explain the cost of choices and trade-offs
 Illustrate societies trade-offs by using a production possibilities frontier (Curve)
 Explain the assumption of rationality by individuals and firms
 Define Marginal Analysis
 2 Tests 20%
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BUSD 211: ENTREPRENUERSHIP AND INNOVATION
Aim: The course aims to allow students to formulate an awareness of strategic areas, to

critically appraise the related theory and practice of entrepreneurial strategy.
Learning Objectives
 Having successfully done this course, students should be able to understand

how Individuals and businesses are able to:
 Advance their skills in customer development, customer validation,
competitive analysis, and iteration while utilizing design thinking and process
tools to evaluate in real-world problems and projects.
 Apply new ideas, methods and ways of thinking.
 Engage with a range of stakeholders to deliver creative and sustainable
solutions to specific problems.
 Communicate effectively both orally and in writing.
 Work effectively with colleagues with diverse skills, experiences and be able
to critically reflect on own practice.
TEACHING METHOD
 One hour tutorials individual presentations per week
 2 tests 20%
BBS 240: MANAGEMENT INFORMATION SYSTEMS– Full Course

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Aim: This course aims at equipping students with knowledge of the role of information
technology in the company
Learning Objectives
 Having successfully done this course, students should be able to:

 Understand the applications of MIS in organizations.
 Appreciate how technology can help to improve decision-making in
organizations.
 Appreciate how technology is used to integrate the business disciplines.
 2 Tests 20%
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MKT 211: BUSINESS LAW
Aim: The aim of this course is to develop in the student an awareness of legal principles
involved in economic relationships and business transactions and to develop in the student an
understanding of the free enterprise system and the legal safeguards of the same.
Learning Objectives
 Demonstrate knowledge of basic court procedures
 Demonstrate understanding of the nature of tort law, including business torts
 Demonstrate how criminal law relates to business
 Demonstrate recognition of intellectual property Identify how computer law affects
business Analyze the nature and terminology of contract law
 Demonstrate recognition of the requirements of the contract agreement
 Demonstrate understanding of contract consideration and capacity
 Demonstrate recognition of the genuineness of assent in contract formation.
 Demonstrate understanding of legality and Statute of Frauds in contracts
 Identify contract remedies
 2 tests 20%
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YEAR 3
ACC 311: PUBLIC SECTOR ACCOUNTING – Full Course
Aim: This course aims to explore the theory and practice of public sector accounting,
covering topics such as budgeting, accounting, auditing and finance of not-for-profit
organizations. Students will be able to understand and apply key requirements of the
International Public Sector Accounting Standards (IPSAS) to specific areas of public sector
accounting. The module will also highlight the differences and similarities between
accounting for profit and not-for-profit organizations as provided for in IPSAS and
International Financial Reporting Standards (IFRS).
Learning Objectives
 Apply basic principles of accounting to a public sector environment.
 Understand some of the requirements of the International Public Sector Accounting

Standards relating to assets, liabilities, revenue and expenses.
 Prepare simple financial reports of public sector organizations
 Explain the differences and similarities between public sector and private sector
accounting
 Understand the assumptions underlying project analysis in the public sector and be
able to apply different investment analysis methods to public goods and services
 Prepare and evaluate public sector budgets
 Understand how funding is raised and applied in the public sector
TEACHING METHOD
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 2 Tests 20%
ACC 312 AUDITING
Aim: This course aims at equipping students with knowledge in auditing as an important tool
to ensure the business's financial records are accurate and in accordance with applicable rules
(including accepted accounting standards), regulations, and laws.
Learning Objectives
1. Distinguish between Auditing and Accounting
2. Explain the importance of Auditing in reducing Information Risk.
3. List the Causes of Information Risk and explain how this can be reduced
4. Describe assurance services and distinguish Audit services from Assurance services
5. Discuss the need for an independent or external Auditor
6. Explain the Three types of Auditing
7. Explain the Five components of Internal Controls
 2 Tests 20%
ACC 313 ADVANCED MANAGEMENT ACCOUNTING, DECISION AND

PERFORMANCE MANAGEMENT
Aim: Its aim is to provide students with knowledge about some of the processes and
technologies that enable the effective and efficient use of organizational resources and to
develop individuals with the required commitment, skills and competencies for working
towards shared meaningful objectives within an organisation
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Learning Objectives
 Describe the changing role of management accountants, globalization and the

international convergence of management accounting;
 2. Analyze the link between organizational structure, strategy and planning and
management accounting and control systems;
 3. Analyze the role of contemporary and innovative management accounting and

control systems tools in organizational value creation;
 4. Evaluate management control system attributes in realistic organizational settings,

and recommend improvements to existing control systems; and
 5. Critique the implications of sustainability performance measurement and reporting.
 Summarize the necessary characteristics of accurate performance management
 Identify and briefly discuss the purposes of performance appraisals.
 Discuss the options for what to evaluate in a performance appraisal
 List the commonly used performance measurement methods and forms.
TEACHING METHOD

 2 tests 20%
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ACC 314: COST AND MANAGEMENT ACCOUNTING
Aim: The aim to equip students learn how accounting information can be presented in a

manner that facilitates a prudent planning, correct decision-making, and effective controlling
of day-to-day operations.
Learning Objectives
 Explain the relationship between cost accounting-financial accounting and managerial
accounting.
 Explain the concept of management accounting.
 Explain the importance of management accounting for businesses.
 Do Cost-Volume-Profit analysis.
 Explain fixed, variable, semi-fixed and semi-variable cost concepts.
 prepares budgets
 do standard variation analysis through standard costs
TEACHING METHOD

 2 tests 20%
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INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT CODE: BF 312
Aim: is to help students understand why entrepreneurs and practitioners need to understand
the investments field as it is currently understood and practiced for
sound investment decisions making.
Learning Outcomes
By the end of this course, students should be able to:
 Use time value of money methodology.
 Determine the cost of capital.
 Have the knowledge and skills to analyze companies for investment purposes.
 Adjust financial statements for valuation purposes.
 Use adjusted financial statements to produce a sound valuation of a company.
 Have the knowledge and skills to develop portfolio strategies for individual and
institutional investors.
 Develop investment policy statements for institutional and individual investors.
 Develop an appropriate portfolio for a given investor and market conditions.
 Have the knowledge and to operate ethically as investment management
professionals.
 Understand and apply ethical standards in the investment profession
TEACHING METHODS
4 Assignments 20%
2 Tests 20%
1 Presentation 10%
 Final Exam 50%
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BF 313: FINANCIAL RISK MANAGEMENT
Aim: This course aims at making students learn modern techniques for managing financial
risks.
Learning Objectives
 demonstrate knowledge of the range of financial and financial related risks facing
organisations.
 understand the approach to risk
management through risk identification, risk measurement and risk management (or
mitigation)
 understand reputational risk.
 Understand operational risk and how to manage it.

 2 Tests 20%
ATT 400: INDUSTRIAL ATTACHMENT
Aim: This course aims at providing students with practical knowledge and skills necessary
for managing works in the industry for both quantitative and qualitative data. This is done by
attaching a student to one of the companies in the industry for him to gain practical
experience
Learning Objectives
 Gain understanding of workplace expectations and professional ethics;
 – Take advantage of invaluable guidance from skilled supervisors; –
 Build a network of professional and personal contacts; –
 Better explore and pursue their personal and career development.
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 Practical Experience 25%
 Report 25%
 Final exam 50%
RPW 311: PROPOSAL WRITING
Aim: This course aims at providing students with knowledge and skills necessary for
conducting academic research works for both quantitative and qualitative data. This enables
students to effectively explore and discover facts about their field of study which is
accounting and Finance
Learning Objectives
1. Acquire knowledge on how to carry out a research
2. Describe components found in a research report
3. Attain knowledge on how to carry on with the research aspects
4. Collect data concerning the research topic
5. Present the findings correctly
6. Analyze the data collected
7. Give recommendations on the report
 Research proposal 25%
 Report 25%
 Final exam 50%
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Year 4
ACC 411: CORPORATE REPORTING AND FINANCIAL ANALYSIS

Aim: In this course we take the viewpoint of an analyst, investor or manager interested in
corporate reporting and financial analysis. The course emphasizes financial analysis which is
a primary and influential exercise when valuing an enterprise or a security. The course also
introduces corporate reporting at what is traditionally an intermediate financial accounting
level and valuation models based on accounting earnings
 By the end of the course, students should be able to:
 Understand corporate reporting issues at an intermediate level.
 Analyze a company from the perspective of an equity analyst interpreting the financial
statements.
 Interpret accounting numbers correctly from the financial statements, notes to the
accounts and other disclosures, of the financial position and performance of a company.
 Perform pro-forma adjustments to reported financial statements by taking into account

exceptional items, off-balance sheet financing, capitalized interest, etc.
 Account for revenue recognition of construction contracts, inter-corporate investments

(including consolidation of subsidiaries, equity method for associates and fair value
options), earnings per share computation, business segments, leases, intangible assets,
impairment, etc.
 Develop an ability to independently learn, unlearn and re-learn relevant updates on

accounting standards, corporate regulations and other financial reporting and disclosure
requirements.
TEACHING AND LEARNING PLAN

4 hours per week
1 hour of tutorial per week
Assessment
 Course work
 2 assignments 40%
 1 test 10%
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 Examinations 50%
STRATEGIC MANAGEMENT: HRM 415
COURSE AIM
This course is aimed at assisting individual students ensure they are up to date on the latest
business growth strategies as well as on the newest tools for strategic planning models.
OBJECTIVES
By the end of this course, students should be able: -
 To exploit and create new and different opportunities for tomorrow.

 To provide the conceptual frameworks that will help a manager understand the key
relationships among actions, context, and performance.
 3. To put an organization into a competitive position.
 4. To sustain and improve that position by the deployment and acquisition of appropriate
resources and by monitoring and responding to environmental changes.
 5. To monitor and respond to the demands of key stakeholders.
 6. To find, attract, and keep customers.
 7. To ensure that the company is meeting the needs and wants of its customers, which is a
cornerstone in providing the quality product or service that customers really want.
 8. To sustain a competitive position.
 9. To utilize the company’s strengths and take full advantage of its competitor’s
weaknesses.
 10. To understand the various concepts involved like strategy, policies, plans and
programmes.
 11. To have knowledge about environment—how it affects the functioning of an
organization.
 12. To determine the mission, objectives and strategies of a firm and to visualize how the
implementation of strategies can take place.
 13. To find the solutions of problems in real-life business.
 14. To develop analytical ability to identify threats and opportunities present in the
environment.
 15. To develop the skills of strategic decision making.
 16. To develop a creative and innovative attitude and to think strategically.
TEACHING METHODS
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4 Assignments 20%
2 Tests 20%
1 Presentation 10%
Final Exam 50%
DISSERTATION: HRM 415
COURSE AIM
The aim of the dissertation or thesis is to produce an original piece of research work on a

clearly defined topic. ... Writing a dissertation requires a range of planning and research skills
that will be of great value in your future career and within organizations.
OBJECTIVES
By the end of this course, students should be able to do the following in writing their
Dissertation:
 Describe a relevant area of career development, career coaching, coaching or work-

related learning studies.
 Identify research methods.
 State research questions.
 Identify literature for review.
 Critically analyze and evaluate the knowledge and understanding in relation to the
agreed area of study.
TEACHING METHODS
4 Assignments 20%
2 Tests 20%
1 Presentation 10%
Final Exam 50%
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CORPORATE FINANCE: BF 412
COURSE AIM
To help student understand how Shareholder wealth can be maximized through the
application of short-term and long-term strategies that assist companies in obtaining new
funds either from equity or debt sources.
OBJECTIVES
 identify the key themes in corporate finance

 explain the role of finance in an organization
 explain and analyze the interrelationship between finance and governance
 Analyze the relationship between strategic decision making and corporate
financing decisions.
TEACHING METHODS
4 Assignments 20%
2 Tests 20%
1 Presentation 10%
Final Exam 50%
LEASE AND PROJECT FINANCING: BF 414
COURSE AIM
The purpose of the course is to understand what Lease and project finance is, it’s

necessary elements, why it is used, how it is used its advantages and
disadvantages.
OBJECTIVES
 Identify projects that meet the essential criteria for a project financing
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 Know how to create the structure for a basic project financing.
 Identify and describe the operational, financial, and tax objectives that motivate
leasing.
 Explain why some leases constitute lease agreements and some represent
purchases/sales accompanied by debt financing
 Explain the basis for each of the criteria and conditions used to classify leases
 Record all transactions associated with operating leases by both the lessor and lesse.
Describe and demonstrate how both the lessee and lessor account for a capital lease
 Describe and demonstrate how the lessor accounts for a sales-type lease.
TEACHING METHODS
4 Assignments 20%
2 Tests 20%
1 Presentation 10%
Final Exam 50%
FINANCIAL MANAGEMENT: BF 417
COURSE AIM
Helping the Student understand how the cost of finance can be reduced. Ensuring sufficient
availability of funds. Also, dealing with the planning, organizing, and controlling of financial
activities like the procurement and utilization of funds.
OBJECTIVES
 Demonstrate an understanding of the overall role and importance of

the finance function.
 Demonstrate basic finance management knowledge.
 Communicate effectively using standard business terminology.
TEACHING METHODS
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4 Assignments 20%
2 Tests 20%
1 Presentation 10%
Final Exam 50%
CORPORATE GOVERNMENT AND BUSINESS ETHICS HRM 417
COURSE AIM
Enable students understand the framework and general principles of ethical behavior, how
they may be applied in the work environment and the role good corporate governance in
achieving the organization’s objectives.
OBJECTIVES
 Understand the Business Ethics

 Provide best practices of business ethics
 To develop various corporate social Responsibilities and practice in
their professional life
 To imbibe the ethical issues in corporate governance and to adhere to
the ethical codes.
TEACHING METHODS
4 Assignments 20%
2 Tests 20%
1 Presentation 10%
Final Exam 50%
C2.2.3 Level of Qualification and Articulation in the Zambia Qualifications
Framework
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ZQF level: 7
At this level the graduate will acquire a Bachelors Degree.
At this level, it is expected that the graduate shall:
a) Have knowledge and critical understanding of well-established principles and

emerging issues in Accounting and Finance, and the way in which those principles
have developed.
b) Develop the ability to apply underlying concepts and principles outside the
context in which they were first studied, including, where appropriate, the
application of these principles in varied contexts.
c) Possess systematic, extensive and comparative knowledge and understanding of
Accounting and Finance as a whole and its links to related subject(s).
d) Have knowledge of the main areas of enquiry in Accounting and Finance, and
ability to critically evaluate the appropriateness of different approaches to solving
problems.
e) Understand the limits of their knowledge, and how this influences, analyses
interpretations based on that knowledge.
f) Apply a range of established techniques to initiate and undertake critical analysis
of information and to propose solutions to problems in Accounting and Finance
g) Effectively communicate information, arguments, and analysis, in a variety of
forms, to various audiences.
h) Present information and transfer knowledge, skills and values to others through
delegation and practice.
i) Acquire skills needed to study further with a high level of autonomy.
j) Systematically establish and address personal learning needs.
k) Develop existing skills and acquire new competencies to enable assumption of
significant responsibility within organizations.
l) Exercise personal responsibility, initiative and decision-making in complex and
unpredictable contexts.
m) Construct well developed judgment, adaptability and responsibility as a
practitioner or learner.
n) Demonstrate some originality and creativity in formulating, evaluating and
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applying evidence-based solutions and arguments within the fields of Accounting
and Finance

Lectures Tutorials Total Total
Hours Hours Per
Page 33 of 112
Per Year
Term
Hrs/ No. Hrs/ No. of
Wk of Wk Wks
Wk
s
YEAR 1
ACC 111 Financial 3 11 1 11 33 132
Accounting
COM11 Communicatio 3 11 1 11 33 132
n and Study
Skills
EC 111 Introduction to 3 11 1 11 33 132
Economics
EC 112 Business 3 11 1 11 33 132
Mathematics
HRM 111 Principles of 3 11 1 11 33 132

Management
ICT 111 Introduction to 3 11 1 11 33 132
Computers
MKT 111 Principles of 3 11 1 11 33 132
Management
YEAR 2
ACC 213 Principles of 3 11 1 11 33 132
Taxation
BF 211 Monetary and 3 11 1 11 33 132
Financial Systems
BF 213 Financial Planning 3 11 1 11 33 132
and Analysis and
Reporting
EC 212 Intermediate Macro 3 11 1 11 33 132

Economics
Page 34 of 112
EC 213 Intermediate Micro 3 11 1 11 33 132
economics
BUSD 211 Entrepreneurship 2 11 2 11 22 88

and Innovation
BBS 240 Management 3 11 1 11 33 132

Information
Systems
MKT Business Law 3 11 1 11 33 132
YEAR 3
ACC 311 Public Sector 2 11 2 11 22 88
Accounting
ACC 312 Auditing 3 11 1 11 33 132
ACC 313 Advanced 3 11 1 11 33 132
Management
Accounting
Decision &
Performance
Management
ACC 314 Cost & 3 11 1 11 33 132
Management
Accounting
BF 312 Investment 3 11 1 11 33 132
Analysis &
Portfolio
Management
BF 313 Financial Risk 1 11 3 11 11 132
Management
ATT 400 Industrial 3 11 1 11 33 132
Page 35 of 112
Attachment
RPW 311 Proposal Writing 3 11 1 11 33 132
Year 4
ACC 411 Corporate 3 11 1 11 33 132
Reporting &
Financial Analysis
HRM 415 Strategic 3 11 1 11 33 132
Management
D 411 Dissertation 3 11 1 11 33 132
BF 412 Corporate Finance 3 11 1 11 33 132
BF 414 Lease & Project 1 11 3 11 11 132
Financing
BF 417 Financial 3 11 1 11 33 132
Management
HRM 417 Corporate 3 11 1 11 33 132
Governance &
Business Ethics
TOTAL
3872 HOURS
Course Reference
Number
Name of Learning Programme
BA HU (Accounting and Finance)
Assessment
Methods of Assessments, validation and Security. Arrangements for Assessments of
Dissertations and Thesis in Post-Graduate Programmes.
Students are assessed using the following methods
1. Presentations
To ensure that students have understood concepts of the courses, they are required to
conduct oral presentations at least once in every term and this assessment is 10% of the
final grade.
2. Assignments
Students will be subjected to four assignments per year in every course with 20%
weight of the final grade.
3. Tests
Students will be subjected to 2 tests carrying
20% of the final grade
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4. Exams
Students will sit for an examination at the end each of course.
50% of the final grade.
Validity and Security

In order to ensure that the methods of assessments are of the expected standards, Quality
assurance strategies and an assessment policy has been put in place. Our Validation is centered
on ensuring that the requirements of the assessment system, competency standards and any
other criteria are applied in a consistent manner to assure continuous improvement. Validation
involves reviewing, comparing and evaluating assessment processes, tools and evidence
contributing to judgments made by a range of assessors against the same standards.
Assuring the quality of assessment has other benefits to not only the institution but to the entire
student populace as well. Improving the quality and consistency of assessment helps assessors
to be more confident about their judgments, candidates to believe that they have been treated
fairly, and employers, community and other stake holders to value the qualification issued.
Assessment that leads to a ZQF qualification and/or Statement of Attainment needs to be
quality assured. Therefore Recognition processes, such as Recognition of Prior Learning,
Recognition of Current Competency and on-and off-the-job assessments all need to be
monitored and continually improved.
The key components of assessment that are quality assured are:
• the assessment system
• the assessment process
• the assessors
• collecting the evidence
• making the judgments.
The Assessment System

The VC of Rockview University ensures, through the implementation of a consistent and
systematic assessment system, that:
1. All assessments are in liaison with the curriculum, Unit of Competency or Skill Set
requirements for quality to be assured. And that all assessments are consistent with the
University’s Training & Assessment Strategies Procedure;
2. The assessment meets industry’s performance standards
3. Assessment tools meet the requirements of the Principles of Assessment and are valid,
reliable, flexible and fair;
4. The assessment evidence collected and analyzed meets the requirements of the Rules of
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Evidence and is sufficient, valid, authentic and current; and
5. The assessment system will be consistent with the Training and Assessment Policy
Procedure
Principles of Assessment
Training and assessment. Staff members must ensure that assessment tools and processes are
valid, reliable, flexible and fair. To confirm the validity of an assessment, assessors ensure
that:
1. All assessment tasks:
 Are thoroughly mapped against the entire requirements of the unit of
competency in ZQF;
 Cover the broader range of skills and knowledge that are essential to job
performance; and
 Are demonstrated in documented form;
2. Assessment tools are designed to include integration of knowledge and skills
assessment into a cohesive task performance which the student could repeat in the
workplace in similar situations; and
3. The assessment tools which a student is required to complete to be deemed competent
in a unit of competency are clearly detailed with no ambiguity around the requirements
of competence.
To confirm the reliability of an assessment, assessors ensure that:

1. All assessment tools have an associated marking guide which clearly describes the
required task performance or knowledge response and ensures that all assessors are able
to make consistent judgments regarding competency;
2. The moderation procedures are consistently applied and any inconsistencies in
assessment decisions identified are notified as described in the Moderation Policy and
Procedure and the Continuous Improvement of the Assessment Policy.
To confirm fairness, assessors must:

1. Consider the student’s needs and characteristics and make any reasonable adjustments
which are required by the student and allowed by Senate’s recognition of Student Needs
/ Reasonable Adjustment Procedure;
2. Communicate clearly with the student regarding the Recognition of Student Needs /
Reasonable Adjustment Procedure and how the procedure applies to them and their
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assessment;
3. Inform the student fully regarding the assessment process:
4. Confirming that they understand the assessment process;
5. Confirming that they can participate in the assessment process;
6. Confirming that they agree to an appropriate assessment process; and
7. Inform the student of how to challenge the assessment result under the AIWT’s
Complaints and Appeals Procedure and be reassessed if necessary.
To confirm flexibility, trainers and assessors must ensure that the assessment:
1. Reflects the student’s ongoing professional development intentions and
employment requirements;
2. Is appropriate to the student’s current level of competency, including offering a
specific assessment where it would be most suitable and National Recognition
where students have already been formally certified in units or qualifications; and
3. Drawing from a range of assessment methods and using those that are appropriate
to the context, the unit of competency and associated assessment requirements and
the individual.
Rules of Evidence
Here, assessors must ensure that assessment evidence is sufficient, valid, authentic and current.
The rules of evidence are provided for when the assessment process is being designed, which
will take place in advance of assessment of any student. The mapping document for the unit of
competency in question details how the assessment process ensures that the evidence generated
through assessment is sufficient, valid, authentic and current.
The responsibility of the assessors is to ensure that all assessment tools detailed in the mapping
document and the training and assessment strategy are implemented exactly as they are
designed. This ensures that the rules of evidence are met.
Assessors must moderate assessment processes and outcomes against the same unit(s) of
competency regularly and in accordance with the Moderation Policy and Procedure. Assessors
must integrate assessment moderation within the continuous improvement cycle and in
accordance with the Management Systems Procedure and the Continuous Improvement of
Training and Assessment Procedure
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Programme Reference
Number
Name of Learning Programme BA HU (Accounting and Finance)
Staff
Numbers and Qualifications f Staff for the Programme, including the balance between Full-Time
and part-Time Staff. (Please attach Curriculum Vitae of all Staff on this Programme)
Staff and qualification for members of staff
Academic Staff :
Title Surname Other Ge Highest Teaching Profes Rank Fulltime

names nd Qualificat experienc sional (FT)
er ion e in and Part-
higher work- time
education place (PT)
(Yrs) experi Honora
ence ry (H)
(Yrs) Tempor
ary (T)
Mr. Musukwa Obaly M ZICA More than More Senior PT
Profession 6 than 9 Lectur
al er
Page 40 of 112
C2.5 Facilities for Programme Delivery (Facilities provided and available for teaching,
learning and research)

Facilities for Programme Delivery
Facilities provided and available for Teaching, Learning and Research
1. Internet; students are able to access information for academic and other purposes.
2. Fully stocked up to date Library for learners and Staff Members to research.
3. Availability of study materials such as Modules, student tool kit among others
4. Video projectors in lecture rooms.
5. Academic symposiums are arranged for students.
6. Spacious and Conducive lecture rooms for learning.

Teaching and Learning Support
Facilities, Equipment and networks available to support Teaching and Learning
1. Computer laboratory
2. Library
3. Lecture rooms
4. Subject affiliations to professional bodies (Centre for Civic Education)

Internal Quality Assurance
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Details in internal policy, strategies and institutional arrangements for Internal Quality
Assurance
Internal Quality Assurance
The main devices for measuring the quality of the programme comprise the following:
Programme Committee Meetings
The Programme Committee Meeting is a forum for discussing the aspects of the programme,
with a view to solving problems, effecting improvements, and maintaining quality. Meetings
are held once per term.Student representatives represent the views of the students at these
meetings.
Course Evaluation Questionnaires
These are issued to students, each term, for every course on which they are enrolled. They
enable students to give anonymous responses on issues such as the quality of their classes,
areas that they found valuable and areas where they would like to see improvement.
Heads of Departments Reports
These reports enable the Heads of department to reflect on the operation of their course and
include an analysis of student performance for each component of assessed work.
Assessment Board Minutes
Comments on student progression and achievement help inform the ongoing development
and enhancement of both individual courses and the programme as a whole.
Course and Programme monitoring.
At the beginning of each academic year the Head of Departments is expected to write an
evaluative report on the operation of the programme and student performance in the previous
year. This report culminates in an action plan for the current academic year. The action plan
is used to enhance the student learning experience.
The ongoing engagement of all academic staff
In professional and academic courses, conferences and research to ensure that the programme
reflects current issues in both accounting and learning and teaching.
The overall responsibility for managing the Programme lies with the Head of Departments
and the Course Tutors. There is also a Programme Committee which comprises the
Management Team, Student Representatives, Course Tutors and Administrators.
Programme Committee
The Programme Committee will meet once each Term. Minutes of these meetings will be
used to complete an end of year review. The Committee will also be responsible for
consideration of major issues arising from Assessment Boards and feedback from the Student
Evaluation Survey.
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The Programme Committee has the final authority on academic matters relating to the
development and direction of all Programmes. The Committee is responsible for carrying out
the following functions.
 Developing, reviewing and monitoring the aims, objectives and operations of
the Programme
 Formulating and standardising assessment policies relating to the development
and administration of the Programme
 Evaluating reports from the Assessment Board and taking appropriate actions
 Submitting reports to external bodies
 The membership of this Committee includes
Vice Chancellor
Deputy Vice Chancellor
Registrar Academics
Executive Dean
Examination Coordinator
Heads of Department
Student Representative
Programme Team Meetings
The Programme Team, comprising the Head of Department and Course Tutors will meet
prior to each Intake and once during each term, or as and when required. Such meetings will
deal with various aspects of Programme provision, including:
 On-going monitoring of the Programme, including responding to student
feedback
 Review of student attendance and performance
 Review of recruitment in relation to targets and drop-out rates
 Consideration and modification of Programme marketing strategies
 Implementation of the action agenda produced in the annual (AME)
Programme Report
Programme Monitoring and Evaluation
Programme is continually monitored at two levels, one involving a short feedback loop and
the other a long feedback loop.
The short feedback loop involves the Programme Team responding quickly to issues arising
on a day-to-day/week-to-week basis. Issues and responses are recorded in Team meeting
minutes and any action agenda arising. The issues may be raised by individuals, groups,
Student Representatives or staff.
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The long feedback loop involves a more formal review by the Programme Committee. This
will involve longer term planning culminating in the Annual Monitoring and Evaluation
(AME) Report.
Student feedback is a key element in evaluating the success of the programme. Student
comments are noted as they are presented and actioned in relation to the short feedback loop.
A more formal mechanism for securing student feedback on the programme will be via
Student Satisfaction Surveys issued at the end of the delivery for each course. Such feedback
is presented to the Programme Committee for discussion.
Staff Development and Recruitment Strategy
All members of staff associated with the Diploma are experienced in teaching and assessing
at the undergraduate level within their respective subjects and / or the broader aspects of
taught undergraduate study. This experience has been gained from their prior employment
within higher education; and from their long standing membership of professional bodies and
/ or their professional backgrounds.
The general staff development strategy will be adopted within the constraints of available
resources. Strategy may be benchmarked against appropriate good practices which have been
successfully applied at other institutions
The staff development strategy is broadly aimed at:-
 Enhancing the Learning Environment which supports the delivery of the
portfolio of Programme offered by the college in its on-campus
provision, at its overseas campuses and partner campuses, and in future areas
and modes of development
 Providing a coherent framework for the development of faculty and support
staff particularly in supporting and enhancing the delivery of the portfolio
and in responding to student learning and teaching requirements and
educational developments
 Supporting and maintaining the currency of approaches taken towards
Learning and Teaching and programme delivery requirements, to
programme-portfolio content and its relevance, to pedagogy and learning
philosophy, and to the development of scholarship and research approaches
which are pertinent to the aims and objectives of its Programme and overall
portfolio.
The following steps outlined below will be adopted by Rockview University within the
constraints of available resources.
 All staff engaged with the programme will be encouraged to engage in
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research, higher degree work and other scholarly activity appropriate to their
own personal stage of development. At the current time all members of the
core teaching team are engaged in Continuing Professional Development.
 All staff engaged on the programme will be encouraged to participate in at
least one other course with two objectives in mind: to allow them to expand
their own understanding of the subject and to promote vigorous debate and
discussion within the participant group.
 All members of the teaching team will be encouraged to join where they have
not done so scholarly or professional associations pertinent to the
Programme.
Rockview University will ensure all members of staff associated with the Diploma will be
experienced with teaching and assessing at undergraduate level. This experience will have
been gained from their employment, teaching and professional experience.

Financial Resources
Sources, availability and adequacy of financial resources to support the Learning
Page 45 of 112
Programme.
Tuition fees are the major source of revenue for the university. The institution receives
payments from over 5000 students enrolled in various programmes. As a result the
university has a constant income throughout the year. Judging from the experience, we can
confidently say that the tuition fees we receive can sustain the institution.
Additionally, the institution has initiated projects to supplement tuition fees. It has engaged
into farming and is currently running two secondary schools in Isoka, Choma, katete and
Luwingu in order to generate extra income.
OTHER INFORMATION
1.1 Delivery and learning methods
Learner centered( E.g Discovery method, Field trip)
Teacher centered
Question and answer
3.2 Acceptability
C3.2.1 Stakeholders are identified, including relevant academic, industrial,

professional and other communities
1. Learners
2. Teachers
3. Curriculum managers and administrators (Principals)
4. Parents
5. Community organizations
6. The government
C3.2.2 the actual or likely interests of these stakeholders in respect of the proposed
qualifications are clearly identified
1. Learners Participation In School Life
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Learners or students are the reason schools exists, thus it is the schools’ responsibility to
further develop the learners knowledge, skills, talents and attitude to face the different
situations in life.
2. Teachers
Teachers are empowered to develop their own curricula taking into consideration their own
expertise, the context of the school and the abilities of the learners or students. Teachers also
play a role of an implementer such as guiding, facilitating and directing activities to be done
by the students.
3. Curriculum Managers And Administrators Or School Principals
They supervise the curriculum implementation, select and recruit new teachers, admit
students, and procure equipment and materials needed for effective learning.
4. Parents As Supporters Of The Curriculum
Parents are responsible for their child’s education and the success of the curricula would
somehow depend on their support in that parental involvement in school affairs is linked to
parental educational programs which are central to high quality education.
5. Community Members As Curriculum Resources
The community and materials in the existing local community can be substitute for what is
needed to implement the curriculum
6. The Government
 Department of Education (Dept. of Edu)
Its role is to ensure that the organization focuses on the delivery of a relevant, responsive and
effective basic education.
 Commission on Higher Education (CHED)
Its role is to formulate and recommend development plans, policies, priorities and
programmes on Higher Education.
C3.3 Relevance
C3.3.1 assesses the importance and applicability of the qualification to the workforce and
other stakeholder needs.
Accounting and Finance as a program enables students to acquire the necessary knowledge,
skills and dispositions necessary to deal with the conflicting ideas and challenges in society.
It is designed to produce students that are well informed, responsible and have participatory
skills in political life committed to the fundamental values and principles of Zambia’s
constitutional democracy. In dynamic field of study, the programme caters for other aspects
such as service learning which calls for co-operation among people in society as they aim at
Page 47 of 112
achieving certain goals thereby fostering individual and national development. Furthermore,
formal instruction in Accounting and Finance aims at providing students with basic
understanding of Business world, politics, and government. This helps them understand the
workings of their own and other political systems as well as the relationship of Zambia‘s
politics and government to world affairs and provides the basis for understanding the rights
and responsibilities of citizens in Zambia’s constitutional democracy and a framework for
competent and responsible participation. Apart from becoming an Accountancy and Finance
teacher/lecturer, the programme enables students to have greater chances of being employed
in other social science sectors such as in Embassy, Courts, Parliament, Banks and many other
good sectors.
C3.4 Regulations
C3.4.1 Undergraduate Entrance Requirements, Curricula and Degree

Regulations
 5 ‘O’ levels or 5 credits including English
C.3.4.2 Examinations
 End of term tests
 Promotion exams at the end of each year i.e., first year, second year, third year
 Final exams at the end of forth year. Each student is supposed to clear all the courses
before writing the final exams. A student who fails to clear the courses for each year
is given deferred exams.
C.3.4.3 Progression
 Students should clear all the Courses before proceeding to another level. They should
get 40% as a pass mark
C.3.4.4 Degree Regulations

 The degree is given to candidates who meet the university requirements by clearing
all the courses from the first year up to the fourth year by passing all the given exams
C.3.4.5 Degree classification
The degree is classified in terms of Distinction, Merit, Credit and Pass.
The grading is as follows:

76 – 100% Distinction
66- 75% Merit
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56- 65% Credit
40-55% Pass
C3. DECLARATION
I WITNESS
……………………………………………
……………………………………………
…… confirm that the information I have
…………………………………………….
given in the
Nam
Application Form is true.
e
Signed:
……………………………
…………………………………………… ……………………………
……………………………… ……………………………
Nam …..
e
Signa
…………………………… ture
……………………………
………………… ……………………………
Signature ……………………………
……………………………
…………………………… ……
…………………………… Date
…………………
Date
Page 49 of 112
Page 50 of 112
Appendix 1
Course Description
APPENDIX 1: COURSE OUTLINES
YEAR ONE
1.1 FINANCIAL ACCOUNTING
Aim: This course aims at introducing students to key concepts of Financial Accounting and
its importance to the Accounting and Business studies.
Learning Outcomes
 Define Book Keeping
 Explain the general purposes and functions of Accounting
 Explain the differences between Management and Financial Accounting
 Describe the main elements of Financial Accounting Information: Assets,
Liabilities, Revenue and Expenses.
 Identify the main Financial Statements and their Purposes
Content
o Introduction: What Is Accounting

o Accounting Defined
o Users of Accounting Information
o Types of Businesses and Business Activities
o Ethics in Accounting
o Introduction: Accounting Principles and Practices
o GAAP - Generally Accepted Accounting Principles
o Account Types
o The Basic Accounting Equation
o Financial Statements
o Accounting in the Headlines
Page 51 of 112
o Introduction: The Accounting Cycle
o The Accounting Cycle
o Accounts, Journals, Ledgers, and Trial Balance
o General Rules for Debits and Credits
o Journal Entries
o Posting to the General Ledger
o Preparing a Trial Balance
o Debit and Credit Review
o The Accrual Basis and Cash Basis of Accounting
o Classes and Types of Adjusting Entries
o Adjusting for Accrued Items
o Adjusting for Deferred Items
o Preparing an Adjusted Trial Balance
o Preparing Financial Statements
o Closing Entries
o Glossary: Completing the Accounting Cycle
o Merchandising Business
o Merchandise Inventory
o Buyer Entries under Perpetual Method
o Seller Entries under Perpetual Inventory Method
o Buyer Entries under Periodic Inventory System
o Seller Entries under Periodic Inventory Method
o Glossary: Accounting for a Merchandising Enterprise
o Adjusting Entries for a Merchandising Company
o Merchandising Financial Statements
o Journalizing Closing Entries for a Merchandising Enterprise
o Impacts of Inventory Errors on Financial Statements
o Merchandise Inventory
o Inventory Methods for Ending Inventory and Cost of Goods Sold
o Methods Under a Periodic Inventory System
o Effects of Choosing Different Inventory Methods
o Lower of Cost or Market Rule
o Internal Control Issues and Procedures for Inventory
Page 52 of 112
o Principles of Accounting Systems
o Special Journals
o Subsidiary Ledgers and Control Accounts
o Internal Control and Accounting System Design
o Internal Control Structure
o Cash and Internal Control
o Preparing a Bank Reconciliation
o Petty Cash
o Receivables
o Subsidiary Ledgers and Control Accounts
o Direct Write-Off and Allowance Methods
o Estimating Bad Debts
o Accounting for Credit Card Sales
o Accounting for Notes Receivable
o Long Term Assets
o Entries for Cash and Lump-Sum Purchases of Property, Plant and Equipment
o Methods for Computing Depreciation
o Computing Book value
o Asset Disposal
o Journalize Entries for Trade-In of Similar Assets
o Natural Resources and Depletion
o Journalizing Adjusting Entries for Depletion
o Intangible Assets
o Accounting for Current Liabilities
o Entries Related to Notes Payable
o Accounting for Contingent Liabilities
o Recording Transactions Related to Product Warranties
o Payroll Accounting Defined
o Payroll Accounting Entries
o Sole Proprietorships and Partnerships
o Journal Entries for Partnerships
o Changes to the Partners
o Corporations
Page 53 of 112
o Common and Preferred Stock
o Journal Entries to Issue Stock
o Treasury Stock
o The Stockholder's Equity Section of the Balance Sheet
o Retained Earnings: Entries and Statements
o Entries for Cash Dividends
o Stock Dividends and Splits
o Items Reported on a Corporate Income Statement
o Long-Term Financing
o Recording Entries for Bonds
o Redeeming Bonds Payable
o Capital Leases and Operating Leases
o Accounting for Investment in Bonds
o Investment of Stocks in Other Corporations
o Cost Method
o Equity Method
o Consolidated Financial Statements
o The Statement of Cash Flows
o Direct and Indirect Methods for Preparing a Statement of Cash Flows
o Cash Flows From Investing and Financing
o Preparing a Statement of Cash Flow
o Analyzing Comparative Financial Statements
o Calculating Trend Percentages
o Common-Size Financial Statements
o Calculate Ratios That Analyze a Company's Short-Term Debt-Paying Ability
o Ratios That Analyze a Company's Long-Term Debt Paying Ability
o Ratios That Analyze a Company's Earnings Performance
o Ratio Summary
o Sole Proprietorships and Partnerships
o Journal Entries for Partnerships
o Changes to the Partners
1. TEACHING METHOD
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Continuous assessment 50%
 4 assignments per term 20%
 2 tests 20%
 1 Presentation 10%
 Final examination 50%
REFERENCES
RECOMMENDED BOOKS
Walter T Harrison. Financial Accounting
T.S Reddy. Financial Accounting
Howard Schilit. Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in
Financial Reports
Carl S. Warren. Financial Accounting
J.R Monga. Basic financial accounting
1.2 COMMUNICATION AND STUDY SKILLS

Aim: To help Students learn how to convey information—and the understanding of that
information—from one person or group to another person or group.
This communication process is divided into three basic components: A sender transmits a
message through a channel to the receiver.
Learning Objectives
 Demonstrate a strategy for using communication skills over an extended period of

time.
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 Monitor and critically reflect on these communication skills, adapting the strategy as
necessary, to produce the quality of outcomes required
 Evaluate this overall strategy and present outcomes.
Content
1. Meaning of Communication Skills
2. Code and Content of Communication Skills
3. Stimulus and Response of Communication Skills
4. Effective Speaking Guidelines
5. Pronunciation Etiquette of Communication Skills
6. Phonetics in Communication Skills
7. A Self-Assessment of Communicating Soft Skills
8. Closing Tips on Improving Speaking Skills
2. TEACHING METHOD
 2 tests 20%
REFERENCES
RECOMMENDED READINGS
Jay Sullivan. Communicating Better at Work and Beyond
Robert Bolton. How to Assert Yourself, Listen to Others, and Resolve Conflicts
Keith Coleman. How to Enjoy Conversations, Build Assertiveness, & Have Great
Interactions for Meaningful Relationships (Speak Fearlessly)
Ian Tuhovsky. A Practical Guide to Improving Your Social Intelligence, Presentation,

Persuasion and Public Speaking
Leil Lowndes. Little Tricks for Big Success in Relationships
Page 56 of 112
Thich Nhat Hanh. The Art of Communicating
Patty Lind. Communication at Work
Kerry Patterson Tools for Talking When Stakes Are High, Second Edition
Robert Cunningham. Tips on How to Improve Your Social Skills and Interact with Others
Effectively
1.3 INTRODUCTION TO ECONOMICS
Aim: To introduce the tools used by economists to analyze patterns of international trade and
to study international trade policy. We will consider the main models of international trade as
well as empirical tests of these models.
Learning Objectives
 Define what is Economics, and the basic economic problem.
 Defines economics, and distinguish between microeconomics and macroeconomics.
 Explains how do choice end up determining what, how and for whom goods and
services get produced.
 Absorbs the economic way of thinking.
 Use demand and supply to make predictions about changes in prices and quantities.
 Explains how demand and supply curve obtained.
 Explains how prices and output in an industry are determined, and why firm enter and
leave the industry.
 Defines and calculate the elasticity of demand and supply, and explain the factors that
influence the elasticity of demand and supply.
 Describe and distinguish between different types of markets.
 Defines perfect competition market.
 Defines monopoly and monopolistic competition markets.
 Defines oligopoly and duopoly markets.
Content
 What is Economics!
 Choice in a World of Scarcity
 Demand and Supply
 Labor and Financial Markets
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 Elasticity
 Consumer Choices
 Cost and Industry Structure
 Perfect Competition
 Monopoly
 Monopolistic Competition and Oligopoly
 Monopoly and Antitrust Policy
 Environmental Protection and Negative Externalities
 Positive Externalities and Public Goods
 Poverty and Economic Inequality
 Issues in Labor Markets: Unions, Discrimination, Immigration
 Information, Risk, and Insurance
 Financial Markets
 Public Economy
 The Macroeconomic Perspective
 Economic Growth
 Unemployment
 Inflation
 The International Trade and Capital Flows
 The Aggregate Demand/Aggregate Supply Model
 The Keynesian Perspective
 The Neoclassical Perspective
 Money and Banking
 Monetary Policy and Bank Regulation
 Exchange Rates and International Capital Flows
 Government Budgets and Fiscal Policy
 The Impacts of Government Borrowing
 Macroeconomic Policy Around the World
 International Trade
 Globalization and Protectionism

3. TEACHING METHOD
 2 tests 20%
Page 58 of 112
RECOMMENDED BOOKS
Adair, John. Effective Communication. London: Pan Macmillan Ltd., 2003.
Ajmani, J. C. Good English: Getting it Right. New Delhi: Rupa Pubications, 2012.
Amos, Julie-Ann. Handling Tough Job Interviews. Mumbai: Jaico Publishing, 2004.
Bonet, Diana. The Business of Listening: Third Edition. New Delhi: Viva Books, 2004.
Bovee, Courtland L, John V. Thill & Barbara E. Schatzman. Business Communication
Today: Tenth Edition. New Jersey: Prentice Hall, 2010.
Brown, Michele & Gyles Brandreth. How to Interview and be interviewed. London: Sheldon
Press, 1994.
Carnegie, Dale. The Quick and Easy Way to Effective Speaking. New York: Pocket Books,
1977.
Collins, Patrick. Speak with Power and Confidence. New York: Sterling, 2009.
Fensterheim, Herbert and Jean Baer. Don't Say Yes When You Want To Say No. New York:
Dell, 1975.
Fitikides, T. J. Common Mistakes in English. London: Orient Longman, 1984.
Guffey, Mary Ellen. Essentials of Business Writing. Ohio: SouthWestern College Pubg.,
2000.
Hall, Edward, T. Beyond Culture. Garden City, N.Y.: Doubleday, 1976.
Hall, Edward, T. The Silent Language. Greenwich, Conn,: Fawcett, 1959.
BUSINESS MATHEMATICS
Aim: This course introduces students to the financial formulas, fractions; measurements
involved in interest calculation, hire rates, salary calculation, tax calculation etc. which help
complete business tasks efficiently. Business mathematics also includes statistics and
provides solution to business problems.
Learning Objectives
 Reconcile and analyze various banking statements and services;
 Solve a variety of interest formulas and calculate payroll;
 Utilize correctly the mathematics of buying and selling;
 Utilize calculations to analyze investments, business and consumer loans, and charge
accounts;
Content
Page 59 of 112
 Basic concepts
 Dimension and basis of Rn
 Euclidian scalar product
 Matrices 11
 Matrices as linear mappings
 Basic concepts
 Matrix multiplication
 Systems of linear algebraic equations
 Basic concepts
 Gaußian elimination
 Rank of a matrix
 Solution criteria
 Inverse of a regular (n×n)-matrix
 Outlook
 Leontief’s input–output matrix model
 General considerations
 Input–output matrix and resource consumption matrix
 Input–output matrix
 Resource consumption matrix
 Stationary linear flows of goods
 Flows of goods: endogenous INPUT to total OUTPUT
 Flows of goods: exogenous INPUT to total OUTPUT
 Linear programming
 Exposition of a quantitativeproblem
 Graphical solution method
 Dantzig’s simplex algorithm
 Elementary financial mathematics
 Arithmetical and geometrical sequences and series
 Arithmetical sequence and series
 Geometrical sequence and series
 Interest and compound interest
 Redemption payments in constant annuities
 Pension calculations
 Linear and declining-balance depreciation methods
 Linear depreciation method
 Declining-balance depreciation method
 Summarising formula
 Differential calculus of real-valued functions
 Real-valued functions
 Polynomials of degree n
 Rational functions
 Power-law functions
 Exponential functions
 Logarithmic functions
 Concatenations of real-valued functions
 Derivation of differentiable real-valued functions
 Common functions in economic theory
 Curve sketching
 Analytic investigations of economic functions
 Total cost functions according to Turgot and von Thünen
 Profit functions in the diminishing returns picture
 Extremal values of rational economic functions
 Elasticities
Page 60 of 112
 Integral calculus of real-valued functions
 Indefinite integrals
 Definite integrals
 Applications in economic theory

4. TEACHING METHOD
 2 tests 20%
RECOMMENDED
Andre Francis 1998. Business Mathematics and Statistics.
Gary Clendenen, Business Mathematics.
Allan Bluman. Business Math Demystified
Eugene DonSchaum’s Outline of Basic Business Mathematics
Nelda R. Roueche, Virginia Graves and Micheal D. Tuttle, Business Mathematics
Jack Cain, Robert A. and Carman Emeritus.Mathematics for Business Careers
PRINCIPLES OF MANAGEMENT
AIM
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This course aims to Improve Understanding - From the knowledge of principles managers get
indication on how to manage an organization. The principles enable managers to decide what
should be done to accomplish given tasks and to handle situations which may arise
in management. These principles make managers more efficient.
LEARNING OUTCOMES
 Assess managerial practices and choices relative to ethical principles and

standards
 Specify how the managerial tasks of planning, organizing, and controlling can
be executed in a variety of circumstances.
 Determine the most effective action to take in specific situations.
 Evaluate approaches to addressing issues of diversity.

 Evaluate the global context for taking managerial actions of planning,
organizing and controlling.
 Assess global situation, including opportunities and threats that will impact
management of an organization.
 Integrate management principles into management practices.
Content
 Introduction.
 Strategic Management.
 Firm Vision and Mission.
 The Role of Strategic Analysis in Formulating a Strategy.
 Strategic Objectives and Levels of Strategy.
 Planning Firm Actions to Implement Strategies.
 Measuring and Evaluating Strategic Performance.
5. TEACHING METHOD
 2 tests 20%
Page 62 of 112
REFERENCES
PRISCRIBED READINGS
C. Shannon and W. Weaver, The Mathematical Theory of Communication, University of
Illinois Press, 1948.
R. E. Quinn, S. R. Faerman, M. P. Thompson, M.R. McGrath, and D. S. Bright, Becoming a
Master Manager, Sixth edition, Wiley, 2015, Page 48.
G.A. Steiner. 1969. Top management planning. London: Macmillan, 6–7.
INTRODUCTION TO COMPUTERS
AIM: This course introduces computer concepts, including fundamental

functions and operations of the computer. Topics include identification of
hardware components, basic computer operations, security issues, and use of
software applications. Upon completion, students should be able to
demonstrate an understanding of the role and function of computers and use
the computer to solve problems.
LEARNING OUTCOMES:
 Upon completing requirements for this course, the student will be able to:
 A. Identify the basic elements required in a computer system.
 B. Produce electronic documents using various software applications.
 C. Have knowledge on how to protect the computers (software and hardware)
 D. Illustrate the role of the computer for personal and professional uses.
Content
 Introduction to Computers
 Getting Started
 Windows 10 Operating
 Windows Explorer
 Files and Programs
 Creating and Managing
 Peripheral Devices
 Networks
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 Internet
 Email Basics
 Safety and Security
 Computer Maintenance
TEACHING METHOD
 2 tests 20%
REFERENCES
RECOMMENDED READINGS
Donald Knuth’s book, “The Art of Computer Programming
John Zelle Introduction to Computers Third Edition
Darrell Hajek and Cesar Herrera Introduction to Computers 2018 Edition
Darrell Hajek and Cesar Herrera Introduction to Computers 2020 Edition
Gareth JamesAn Introduction to Statistical Learning: with Applications in R (Springer Texts
in Statistics)
PRINCIPLES OF MARKETING
AIM
This course aims to introduce the marketing concept and how we identify, understand and
satisfy the needs of customers and markets. To analyze companies and competitors and to
introduce marketing strategy to increase awareness of the strategic and tactical decisions
behind today’s top performing brands.
LEARNING OUTCOMES
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 Define marketing
 Identify evidence of marketing in everyday life
 Demonstrate a clear understanding of the marketing concept
 Describe the role of marketing in building and managing customer relationships
 Describe how different types of organizations, such as nonprofits, consumer product
(B2C) firms and business-to-business (B2B) organizations, use marketing
 Explain how marketing creates value for the consumer, the company, and society
 Explain why the customer is the cornerstone of marketing.
 Briefly explain the concepts of segmentation and targeting.
 Describe the marketing mix.
 Explain how organizations use the marketing mix (often called the four Ps) to market to
their target customers.
Content
 What is marketing?
 Strategic planning
 Consumer behaviour
 Businesses buying behaviour
 Market Segmenting, Targeting and Positioning
 Creating offerings
 Developing and Managing offerings
 Using Marketing Channels to create value for Customers
 Using Supply Chains to create value for Customers
 Gathering and Using Information: Marketing research and Market intelligence
 Integrated Marketing Communications and the changing media Landscape
 Public Relations, Social Media and Sponsorships
 Professional Selling
 Customer Satisfaction, Loyalty and Empowerment
 Price, the only revenue generator
 The Marketing Plan.
6. TEACHING METHOD
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 2 tests 20%

Term two
REFERENCES
PRISCRIBED READINGS
 Al Ries & Jack. Positioning

 Seth Godin.Permission Marketing
 Robert B. Cialdini), The Psychology influence of Persuasion
 Harry Beckwith.Selling the invisible
 Khalid Saleh & Ayat. ShukairyConversion Optimization
PRINCIPLES OF TAXATION
AIM
The aim of studying principles of Taxation is to provide students with an understanding of
the general principles of taxation from a multidisciplinary perspective: legal, political, social
and economic. ... They will study communitarian and libertarian approaches to the right of
the state to tax.
COURSE OBJECTIVES
 Describe the principles and role of taxation
 Calculate tax liabilities for individuals, businesses and companies
 Explain the administrative procedures for direct taxes
 Calculate and account for VAT and Customs and Excise Duties
 Identify and respond appropriately to ethical issues arising in the course of performing
tax work
Page 66 of 112
Content
1. Describe the principles of taxation and explain the role played by taxation in the
economy
2. Identify and respond appropriately to ethical issues arising in the course of performing
tax work
3. Explain the administrative procedures for direct taxes, including objections and
appeals procedure
4. Calculate taxable income for unincorporated businesses and compute income tax
payable there on
5. Calculate Income Tax payable on emoluments from employment and advise on how it
is paid under the Pay As You Earn system
6. Calculate taxable income and withholding tax on all investment income.
7. Calculate company income tax payable and explain how it is payable
8. Calculate taxable profits from farming and compute income tax payable on farming
and fishing income
9. Explain the treatment of transfers of value and calculate Property Transfer Tax
payable
10. Calculate presumptive taxes payable
11. Calculate and account for Value Added Tax on all types of supplies
12. Calculate Customs and Excise duties and advise on the clearing procedure for motor
vehicles
TEACHING METHOD
 Two hour lectures per week
 Two tutorial hours individual presentations per week
 2 tests 20%
REFERENCES
PRISCRIBED READINGS
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 Abraham C Mulolani. Zambian Taxation
 Jeff A schneppers. How to Pay Zero Taxes, 2019: Your Guide to Every Tax Break
 Bernard B kamoroff. 475 Tax Deductions for Businesses
 J.K Lasser 1001 Deductions and Tax Breaks 2019
 Mike Piper. Taxes Made Simple: Income Taxes Explained
MONETARY AND FINANCIAL SYSTEMS
COURSE AIM
This course is aimed at equipping students with knowledge in management of inflation or
unemployment, and maintenance of currency exchange rates. Pegged Exchange Rates
Foreign currency exchange rates measure one currency's strength relative to another..
OBJECTIVES
By the end of this course, students shall be able to: -
 Describe the financial system.
 Elucidate the market in which money is created: the money market.
 Discuss the significance of the interbank markets in money creation.
Content
 Money, Banking, and Your World

 The Financial System
 Money
 Interest Rates
 The Economics of Interest-Rate Fluctuations
 The Economics of Interest-Rate Spreads and Yield Curves
 Rational Expectations, Efficient Markets, and the Valuation of Corporate Equities
 Financial Structure, Transaction Costs, and Asymmetric Information
 Bank Management
 Innovation and Structure in Banking and Finance
 The Economics of Financial Regulation
 Financial Derivatives
 Financial Crises: Causes and Consequences
 Central Bank Form and Function
 The Money Supply Process and the Money Multipliers
 Monetary Policy Tools
 Monetary Policy Targets and Goals
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 Foreign Exchange
 International Monetary Regimes
 Money Demand
 IS-LM
 IS-LM in Action
 Aggregate Supply and Demand and the Growth Diamond
 Monetary Policy Transmission Mechanisms
 Inflation and Money
 Rational Expectations Redux: Monetary Policy Implications
TEACHING METHOD
 2 tests 20%
REFERENCES
PRISCRIBED READINGS
 B. Julian Beecham FCIB 1990. The Monetary and Financial Systems
 Schott Winters. The Financial Advisor
 Benjamin Graham. How The Intelligent Investor
 David j Mullen Junior. The Million dollar Financial Advisor
 John C Bogle. Common Sense on Mutual Funds
 George Soros. Taxes The Alchemy of Finance
Page 69 of 112
FINANCIAL PLANNING AND ANALYSIS AND REPORTING
Aim: This course introduces students to based on research, data collection, and data analysis,
advise a company's management on the most financially efficient means of growing the
company's business and profits.
Learning Objectives
 Understand the relevance of financial planning and analyzing to financial statements.
 Understand how financial statements can help financial planners choose the most
profitable product line or service.
 State How budgeting helps in forecasting Company’s future financial performance
 Explain what scenario planning is.
CONTENT
 Analyzing financial and operational results to better understand company

performance
 Preparing competitor analysis, market trends and associated commentary to senior
management
 Provide detailed analysis and commentary on Business Unit results
 Creating financial models to project long term growth & determine the impacting
business factors
 Comparing and evaluating previous budgets and forecasts, and performing variance
analysis to explain differences in performance and make improvements going forward
 Evaluating whether the company’s current assets and investments are the best use of
the company’s excess working capital
TEACHING METHOD
Page 70 of 112
 2 tests 20%
REFERENCES
PRISCRIBED READINGS
 Jack Alexander 2018. Financial Planning & Analysis and Performance Management
 Michael Samonas 2015 . Financial Forecasting, Analysis, and Modelling: A
Framework for Long-Term Forecasting
 Blaine Robertson | 2020
 Corporate Financial Analysis: Simple Methods and Strategies to Financial Analysis
Mastering
 Samuel Weaver 2012. The Essentials of Financial Analysis
 Cheng-few Lee and John C Lee. Financial Analysis, Planning And Forecasting
 Danielle Stein Fairhurs 2017t. Financial Modeling in Excel For Dummies
EC 212: INTERMEDIATE MACRO ECONOMICS
Aim: This course introduces learners with a rigorous overview of

modern macroeconomics. ... The principal objective of this class is to equip students with the
tools and ideas necessary to understand the aggregate economy and to make informed
opinions about different economic policies.
Learning Objectives
 Explain how the main macroeconomics aggregates are calculated and their
main limitations.
 Describe the behavior of the economy in the long run. In particular, explain
how national income, inflation and unemployment are explained by the
classical model.
 Explain what determines economic growth.
 Explain the Solow growth model.
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 Describe the golden rule level of capital.
 Use the Solow growth model to compare economic growth across countries.
 Explain the endogenous growth theory.
 Use growth accounting to determine the sources of economic growth.
 Describe the behavior of the economy in the short-run. In particular, explain
how national income, inflation, and unemployment are explained by the IS-
LM model.
 Explain the role of fiscal and monetary policies in the IS-LM model.
 Explain the aggregate demand (AD) and aggregate supply model (AS).
 Describe the main theories of consumption.
 Describe the main theories of investment.
 Explain the current debate on macroeconomic policies.
 Curriculum as s Programme of Education
 Definitions of Education and Curriculum
Contents:
 Gross Domestic Product and Decisions under Uncertainty

 Output, Employment, and Unemployment
 Consumption, Savings, Capital, and Investment
 Fiscal Policy
 Monetary Policy
TEACHING METHOD
 2 tests 20%
Page 72 of 112
REFERENCES
PRISCRIBED READINGS
 Greg Mankiw. Macroeconomics
 Stephen Williamson. Macroeconomics

 David Romer. Advanced Macroeconomics
 Jordi Gali. Monetary Policy, Inflation, and the Business Cycle: An

Introduction to the New Keynesian Framework and its Applications
 Lars Ljungqvist and Thomas J Sargent. Recursive Macroeconomic Theory
EC 213: INTERMEDIATE MICRO ECONOMICS
Aim: The purpose of this course is to help students understand the behavior of individuals
and firms to interpret how they make decisions given the scarcity of resources.
Learning Objectives
 Demonstrate an understanding, usage and application of basic economic principles

 Describe and apply the methods for analyzing consumer behavior through demand
and supply, elasticity and marginal utility
 Understand the role of alternative property rights in resource allocation.
 Explain what economics is and why it is important
 Explain how economists use economic models
 Use mathematics in common economic applications
 Use graphs in common economic applications
 Explain the cost of choices and trade-offs
 Illustrate societies trade-offs by using a production possibilities frontier (Curve)
 Explain the assumption of rationality by individuals and firms
 Define Marginal Analysis
Contents:
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 Preferences and Indifference Curves
 Utility
 Budget Constraint
 Consumer Choice
 Individual Demand and Market Demand
 Firms and their Production Decisions
 Minimizing Costs
 Cost Curves
 Profit Maximization and Supply
 Market Equilibrium – Supply and Demand
 Comparative Statics - Analyzing and Assessing Changes in Markets
 Input Markets
 Perfect Competition
 General Equilibrium
 Monopoly
 Pricing Strategies
 Game Theory
 Models of Oligopoly – Cournot, Bertrand and Stackleberg
 Monopolistic Competition
 Externalities
 Public Goods
 Asymmetric Information
 Uncertainty and Risk
 Time – Money Now or Later?
TEACHING METHOD
 2 tests 20%
Page 74 of 112
REFERENCES
PRISCRIBED READINGS
 Microeconomics by Steven T. Call, Holahan Call;

 Issues and Applications by Allan C. Deserpa;
 Price Theory and Applications by Jack Hirshleifer;
 Intermediate Microeconomic Theory by David R. Kamerschen, Lloyd M. Valentine;
 The Applied Theory of Price by Donald N. McCloskey;
 Microeconomics: Theory/Applications by Edwin Mansfield;
 Theory and Application by S. Charles Maurice, Owen R. Phillips, C. E. Ferguson;
 Theory and Practice by Arthur A. Thompson, Jr.;
 Price Theory and Its Uses by Donald S. Watson, Malcom Getz
BUSD 211: ENTREPRENUERSHIP AND INNOVATION
Aim: The course aims to allow students to formulate an awareness of strategic areas, to

critically appraise the related theory and practice of entrepreneurial strategy.
Learning Objectives
 Having successfully done this course, students should be able to understand

how Individuals and businesses are able to:
 Advance their skills in customer development, customer validation,
competitive analysis, and iteration while utilizing design thinking and process
tools to evaluate in real-world problems and projects.
 Apply new ideas, methods and ways of thinking.
 Engage with a range of stakeholders to deliver creative and sustainable
solutions to specific problems.
 Communicate effectively both orally and in writing.
 Work effectively with colleagues with diverse skills, experiences and be able
to critically reflect on own practice.
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Contents:
 Introduction to Entrepreneurship
 Opportunity Recognition and Design Thinking
 Evaluating Entrepreneurial Opportunities
 Business Models
 Business Planning
 Financing Entrepreneurship
 Business Set-Up, Start-Up, and Growth
 Strategic Entrepreneurship
 Innovation and Entrepreneurship
 The Entrepreneurial Environment
TEACHING METHOD
 2 tests 20%
REFERENCES
PRISCRIBED READINGS
  Blue Ocean Strategy – W. Chan Kim, Renée Mauborgne
  Innovation and Entrepreneurship: Practice and Principles – Peter F. Drucker
 Diffusion of Innovations – Everett M. Rogers

 How Today’s Entrepreneurs Use Continuous Innovation to Create Radically
Successful Businesses – Eric Ries The Innovator’s Dilemma: When New
Technologies Cause Great Firms to Fail – Clayton M. Christensen
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 How High Performance Organizations Innovate at Scale – Jez Humble, Joanne
Molesky, Barry O’Reilly
 Overcoming the Unseen Forces That Stand in the Way of True Inspiration – Ed
Catmull, Amy Wallace
 Overcoming the Obstacles Between Vision and Reality – Scott Belsky
 Creating Great Products & Services for an Uncertain World – Peter Merholz, Todd
Wilkens, Brandon Schauer, David Verba
BBS 240: MANAGEMENT INFORMATION SYSTEMS– Full Course
Aim: This course aims at equipping students with knowledge of the role of information
technology in the company
Learning Objectives
 Having successfully done this course, students should be able to:

 Understand the applications of MIS in organizations.
 Appreciate how technology can help to improve decision-making in
organizations.
 Appreciate how technology is used to integrate the business disciplines.
Contents:
 What is Management Information System

 Evolution of Management Information System
 Meaning of Management Information System
 Definitions of Management Information System
 Categories of Management Information System
 Roles of Management Information System
 Sources of Management Information System
 Need for Management Information System
 Designing Management Information System
 Guidelines for the Effective Design in Management Information System
 Management Science and Management Information System
 Reasons for Success and Failure in Management Information System
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 Problems with Management Information System
 Emerging Trends in Management Information System

 2 Tests 20%
REFERENCES
PRISCRIBED READINGS
  Management Information Systems” A O’Brien
  Management Information System” W S Jawadekar
 Management Information Systems” Laaudon and Ludon

 Management Information Systems: Managing the Digital Firm” Kenneth C Laudon
 Management Information Systems” Sadagopan S
 Management Information System: Conceptual Foundations – Structure and
Development” Gordon Davis and Margrethe Olson
 Management Information Systems: Managerial Perspectives” D P Goyal
Page 78 of 112
MKT 211: BUSINESS LAW
Aim: The aim of this course is to develop in the student an awareness of legal principles
involved in economic relationships and business transactions and to develop in the student an
understanding of the free enterprise system and the legal safeguards of the same.
Learning Objectives
 Demonstrate knowledge of basic court procedures
 Demonstrate understanding of the nature of tort law, including business torts
 Demonstrate how criminal law relates to business
 Demonstrate recognition of intellectual property Identify how computer law affects
business Analyze the nature and terminology of contract law
 Demonstrate recognition of the requirements of the contract agreement
 Demonstrate understanding of contract consideration and capacity
 Demonstrate recognition of the genuineness of assent in contract formation.
 Demonstrate understanding of legality and Statute of Frauds in contracts
 Identify contract remedies
Contents:
 Law of Contracts
 Special Contracts
 Other Laws
 Law of Insurance
 Company Law
 Industrial Law
 General Law
 2 tests 20%

Page 79 of 112
REFERENCES
PRISCRIBED READINGS
 Business Law Robert W. Emerson J.D.
 Cengage Advantage Books: Business Law Today, The Essentials: Text and
Summarized Cases Roger LeRoy Miller
 Business Law: Text and Cases 14th Edition Clarkson, Miller, and
 International Business Law and Its Environment, 10th Edition Schaffer, Agusti, and
Dhooge
 Business Law, 10th Edition Henry R. Cheeseman
 Law Basics: A Legal Handbook for Online Entrepreneurs and Startup Businesses
James Hart
 Cengage Advantage Books: Law for Business, 19th Edition Ashcroft, Ashcroft, and
Patterson
 Business Law, 16th Edition Mallor, Barnes, Langvardt, Prenkert, and McCrory
 Law and Ethics in the Business Environment, 9th Edition Terry Halbert and Elaine
Ingulli
YEAR 3
ACC 311: PUBLIC SECTOR ACCOUNTING – Full Course
Aim: This course aims to explore the theory and practice of public sector accounting,
covering topics such as budgeting, accounting, auditing and finance of not-for-profit
organizations. Students will be able to understand and apply key requirements of the
International Public Sector Accounting Standards (IPSAS) to specific areas of public sector
accounting. The module will also highlight the differences and similarities between
accounting for profit and not-for-profit organizations as provided for in IPSAS and
International Financial Reporting Standards (IFRS).
Learning Objectives
 Apply basic principles of accounting to a public sector environment.
 Understand some of the requirements of the International Public Sector Accounting

Standards relating to assets, liabilities, revenue and expenses.
 Prepare simple financial reports of public sector organizations
 Explain the differences and similarities between public sector and private sector
accounting
 Understand the assumptions underlying project analysis in the public sector and be
able to apply different investment analysis methods to public goods and services
Page 80 of 112
 Prepare and evaluate public sector budgets
 Understand how funding is raised and applied in the public sector
Contents:
 Public Sector Accounting – Conditions and Users.

 Accounting Reforms, Standard Setting and Compliance
 International Public Sector Accounting Standards (IPSAS)
 Consolidated Financial Statements in the Public Sector
 Public Sector Management Control Tools
 Public Sector Management Accounting
 Public Sector Budgeting
 Auditing in the Public Sector
 Performance Auditing and Value for Money
 2 tests 20%
REFERENCES
PRISCRIBED READINGS
 Public sector accounting Tjerk Budding; Giuseppe Grossi; Torbjörn Tagesson
 Public Sector Accounting Rowan Jones
 Public Sector Accounting (6th Edition) Rowan Jones
 Allen, R. & Tommasi, D. 2001. Managing public expenditure
 Business Law, 10th Edition Henry R. Cheeseman
 Allen, R., Schiavo-Camp, S., & Garrity, T.C. 2004. Assessing and reforming
public financial management
 Anderson, J.E. 1979. Public policy making
 Apstolou, N.G. & Crumbley, D.L. 1992. Handbook of governmental accounting
and finance.
Page 81 of 112
 Association of Public Accounts Committee. 2003. Effective public accounts
committees
TEACHING METHOD
 2 Tests 20%
ACC 312 AUDITING
Aim: This course aims at equipping students with knowledge in auditing as an important tool
to ensure the business's financial records are accurate and in accordance with applicable rules
(including accepted accounting standards), regulations, and laws.
Learning Objectives
8. Distinguish between Auditing and Accounting
9. Explain the importance of Auditing in reducing Information Risk.
10. List the Causes of Information Risk and explain how this can be reduced
11. Describe assurance services and distinguish Audit services from Assurance services
12. Discuss the need for an independent or external Auditor
13. Explain the Three types of Auditing
14. Explain the Five components of Internal Controls
Contents:
 Auditing, assurance and the public accounting profession
 Professional ethics and conduct
Page 82 of 112
 Auditor's legal liability
 Overview of the financial report audit
 Audit risk and audit evidence
 Accepting the engagement and planning the audit
 Internal control and control risk assessment
 Audit sampling
 Designing substantive procedures
 Auditing sales and receivables
 Auditing purchases, payables and payroll
 Auditing inventories and property, plant and equipment
 Auditing cash and investments
 Completing the audit
 Reporting on financial reports
 E-Commerce and auditing
 Internal, operational and government auditing
 FUTURE DIRECTIONS
 2 tests 20%
REFERENCES
PRISCRIBED READINGS
 Auditing For Dummies Maire Loughran

 The Internal Auditing Pocket Guide: Preparing, Performing, Reporting and Follow-
up J. P. Russell
 Fraud Examination W. Steve Albrecht, Conan C. Albrecht, Chad O. Albrecht, and
Mark F. Zimbelman
 Forensic and Investigative Accounting Crumbley
 Auditing and Assurance Services Al Arens, Randy Elder, and Mark S. Beasley
Page 83 of 112
 Auditing Cases: An Interactive Learning Approach North Carolina State University
and Brigham Young University professors
 MP Auditing & Assurance Services: A Systematic William Messier Jr., a Deloitte and
Touche Professor of at the School of Accountancy, Georgia State University Frank
 Simplified Approach to Advanced Auditing and Professional Ethics CA Vikas Oswal
ACC 313 ADVANCED MANAGEMENT ACCOUNTING, DECISION AND

PERFORMANCE MANAGEMENT
Aim: Its aim is to provide students with knowledge about some of the processes and
technologies that enable the effective and efficient use of organizational resources and to
develop individuals with the required commitment, skills and competencies for working
towards shared meaningful objectives within an organisation
Learning Objectives
 Describe the changing role of management accountants, globalization and the

international convergence of management accounting;
 2. Analyze the link between organizational structure, strategy and planning and
management accounting and control systems;
 3. Analyze the role of contemporary and innovative management accounting and

control systems tools in organizational value creation;
 4. Evaluate management control system attributes in realistic organizational settings,

and recommend improvements to existing control systems; and
 5. Critique the implications of sustainability performance measurement and reporting.
 Summarize the necessary characteristics of accurate performance management
 Identify and briefly discuss the purposes of performance appraisals.
 Discuss the options for what to evaluate in a performance appraisal
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 List the commonly used performance measurement methods and forms.
Contents:
 Introduction and Context
 Management Accounting and the Contemporary Business World
 Costing Systems and Cost Management
 Costing in Contemporary Business – Some Issues
 Management Accounting and Operational Decision Making
 Management Accounting and Operational Control
 Strategic Financial Analysis of the Business and its Environment
 The Financial Aspects of Strategy Development and Implementation
 Management Accounting and Risk Management
 Strategic Management Control and Performance Management
TEACHING METHOD

 2 tests 20%
REFERENCES
PRISCRIBED READINGS
Page 85 of 112
 Management Accounting: Principles & Practice M.A. Sahaf
 Real Numbers: Management Accounting in a Lean Organization Jean E.
Cunningham and Orest Fiume
 “Best” Management Accounting: Successful Business – Decision Making &
Budgeting Deepak Gupta
 Advanced Management Accounting Robert Kaplan and Anthony A. Atkinson
 Management Accounting (Projects & Budgets) Alasdair Gilchrist
 Handbook of Management Accounting Research Christopher S. Chapman, Anthony
G. Hopwood, Michael D. Shields
 Introduction to Management Accounting Charles T. Horngren, Gary L.
Sundem, William O. Stratton, Dave Burgstahler, Jeff O. Schatzberg
 Management Accounting Anthony A. Atkinson, Robert S. Kaplan, Ella Mae
Matsumura, S. Mark Young
 Introduction to Management Accounting Charles T. Horngren, Gary L. Sundem, Jeff
O. Schatzberg, Dave Burgstahler
 Management Accounting I.C. Jain
ACC 314: COST AND MANAGEMENT ACCOUNTING
Aim: The aim to equip students learn how accounting information can be presented in a

manner that facilitates a prudent planning, correct decision-making, and effective controlling
of day-to-day operations.
Learning Objectives
 Explain the relationship between cost accounting-financial accounting and managerial
accounting.
 Explain the concept of management accounting.
 Explain the importance of management accounting for businesses.
 Do Cost-Volume-Profit analysis.
 Explain fixed, variable, semi-fixed and semi-variable cost concepts.
 prepares budgets
 do standard variation analysis through standard costs
Contents:
Page 86 of 112
 Introduction to cost and management accounting
 Cost determination
 Cost accounting methods
 Budgetary planning and control
 Standard costing and variance analysis
 Costs for decision-making

TEACHING METHOD

 2 tests 20%
REFERENCES
PRISCRIBED READINGS
Introduction to Management Accounting – Horngreen and Sundlem
Principles of Management Accounting – Manmohan & Goyal
Management Accounting – Dr. E.B. Khedkar, Dr. D.B. Bharati and Dr. A. B. Kharpas.
Cost and Management Accounting – S.M.Inamdar
Management Accounting – Dr. Mahesh Kulkarni
Double Entry Book Keeping – T.S.Grewal
Principles and Practice of Cost Accounting – Ashish K. Bhattacharya
Management Accounting 3rd Ed. – Khan & Jain
Theory & Problems in Management & Cost Accounting – Khan & Jain
Page 87 of 112
Cost Accounting – Jawaharlal
Page 88 of 112
INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT CODE: BF 312
Aim: is to help students understand why entrepreneurs and practitioners need to understand
the investments field as it is currently understood and practiced for
sound investment decisions making.
Learning Outcomes
 Use time value of money methodology.
 Determine the cost of capital.
 Have the knowledge and skills to analyze companies for investment purposes.
 Adjust financial statements for valuation purposes.
 Use adjusted financial statements to produce a sound valuation of a company.
 Have the knowledge and skills to develop portfolio strategies for individual and
institutional investors.
 Develop investment policy statements for institutional and individual investors.
 Develop an appropriate portfolio for a given investor and market conditions.
 Have the knowledge and to operate ethically as investment management
professionals.
 Understand and apply ethical standards in the investment profession
Contents:
 Investment environment and investment management process

 Quantitative methods of investment analysis
 Theory for investment portfolio formation
 Investment in stocks
 Investment in bonds
 Psychological aspects in investment decision making
 Using options as investments
 Portfolio management and evaluation
TEACHING METHOD
Page 89 of 112
 2 tests 20%
REFERENCES
PRISCRIBED READINGS
 Pioneering Portfolio Management David F. Swensen

 Active Portfolio Management Richard Grinold & Ronald Kahn
 Behavioral Portfolio Management C. Thomas Howard
 Portfolio Management under Stress Riccardo Rebonato & Alexander Denev
 Investment Analysis and Portfolio Management Frank K. Reilly & Keith C. Brown
 Running Money Scott Stewart, Christopher Piros & Jeffrey Heisler
 Portfolio Management for New Products: Second Edition Robert G. Cooper, Scott J.
Edgett & Elko J. Kleinschmidt
 Investment Leadership and Portfolio Management Brian D. Singer & Greg
Fedorinchik
 Optimizing Corporate Portfolio Management Anand Sanwal & Gary Crittenden
 Portfolio Management Formulas Ralph Vince
Page 90 of 112
BF 313: FINANCIAL RISK MANAGEMENT
Aim: This course aims at making students learn modern techniques for managing financial
risks.
Learning Objectives
 Demonstrate knowledge of the range of financial and financial related risks facing
organizations.
 understand the approach to risk
management through risk identification, risk measurement and risk management (or
mitigation)
 Understand reputational risk.
 Understand operational risk and how to manage it.
Contents:
 Introduction.
 Risk Management in the Financial
 Market Risk
 Credit Risk
 Counterparty Credit Risk and Collateral Risk
 Operational Risk.
 Liquidity Risk
 Asset Liability Management Risk
 Systemic Risk and Shadow Banking System.
 Mathematical and Statistical Tools
 Model Risk of Exotic Derivatives
 Statistical Inference and Model Estimation.
 Copulas and Dependence Modeling
 Extreme Value Theory
 Monte Carlo Simulation Methods
 Stress Testing and Scenario Analysis.
 Credit Scoring Models
Page 91 of 112
TEACHING METHOD

 2 tests 20%
REFERENCES
PRISCRIBED READINGS
 The Essentials of Risk Management Michel Crouhy, Dan Galai ,Robert Mark

 A Practical Guide to Risk Management Thomas S. Coleman
 Financial Risk Management: A Practitioner’s Guide to Managing Market and Credit
Risk Steve L. Allen
 Financial Risk Management For Dummies Aaron Brown
 Risk Management and Financial Institutions (Wiley Finance) John C. Hull
 Practical Methods of Financial Engineering and Risk Management: Tools for Modern
Financial Professionals Rupak Chatterjee
 Financial Risk Management: Applications in Market, Credit, Asset and Liability
Management and Firmwide Risk (Wiley Finance)
ATT 400: INDUSTRIAL ATTACHMENT
Aim: This course aims at providing students with practical knowledge and skills necessary
for managing works in the industry for both quantitative and qualitative data. This is done by
attaching a student to one of the companies in the industry for him to gain practical
experience
Page 92 of 112
Learning Objectives
 Gain understanding of workplace expectations and professional ethics;
 – Take advantage of invaluable guidance from skilled supervisors; –
 Build a network of professional and personal contacts; –
 Better explore and pursue their personal and career development.
Contents:
 Introduction
 History of the Industrial Attachment Programme (IAP)
 The Adoption of the Industrial Attachment Programme by Institutions of Higher
Learning Schools
 Benefits Derived from Industrial Attachment Programme
 Challenges Faced by Stake Holders during Industrial Attachment Programme
 Strategies for Improving the Industrial Attachment Programme
 Conclusion
 References.
TEACHING METHOD

 2 tests 20%
REFERENCES
PRISCRIBED READINGS
Page 93 of 112
 The Industrial Attachment Programme - History, Benefits, Challenges and its
Adoption in Zimbabwe J. Dondofema J. Mwenje L. Musemwa
 An investigation of the effectiveness of work related learning: A case of the industrial
attachment program offered by the faculty of commerce, University of Zimbabwe
Wilson Matamande Loveness Nyikahadzoi Ever Taderera
 Induction Training in Industry: Effects on Performance of Students on Industrial
Attachment Paperback Andrew Saina
RPW 311: PROPOSAL WRITING
Aim: This course aims at providing students with knowledge and skills necessary for
conducting academic research works for both quantitative and qualitative data. This enables
students to effectively explore and discover facts about their field of study which is
accounting and Finance
Learning Objectives
8. Acquire knowledge on how to carry out a research
9. Describe components found in a research report
10. Attain knowledge on how to carry on with the research aspects
11. Collect data concerning the research topic
12. Present the findings correctly
13. Analyze the data collected
14. Give recommendations on the report
Contents:
Contents:
 Title Page
 Abstract
 Abstract
 Introduction
Page 94 of 112
 Background
 Description of Proposed Research
 Description of Relevant Institutional Resources
 List of References.
 Personnel
 Budget
TEACHING METHOD

 2 tests 20%
REFERENCES
PRISCRIBED READINGS
 The Foundation Center’s Guide to Proposal Writing Jane Geever

 Grant Writing for Dummies Beverly A. Browning
 The Only Grant-Writing Book You’ll Ever Need Ellen Karsh and Arlen Sue Fox
 Persuasive Business Proposals Tom Sant
 Million Dollar Consulting Proposals Alan Weiss
 Handbook for Writing Proposals Robert J. Hamper and L. Sue Baugh
 The Complete Book of Grant Writing: Learn to Write Grants Like a Professional
Nancy Burke Smith
 Start your Own Grant Writing Business: Your Step-by-Step Guide to Success
Entrepreneur Press
Page 95 of 112
Year 4
ACC 411: CORPORATE REPORTING AND FINANCIAL ANALYSIS

Aim: In this course we take the viewpoint of an analyst, investor or manager interested in
corporate reporting and financial analysis. The course emphasizes financial analysis which is
a primary and influential exercise when valuing an enterprise or a security. The course also
introduces corporate reporting at what is traditionally an intermediate financial accounting
level and valuation models based on accounting earnings
 By the end of the course, students should be able to:
 Understand corporate reporting issues at an intermediate level.
 Analyze a company from the perspective of an equity analyst interpreting the financial
statements.
 Interpret accounting numbers correctly from the financial statements, notes to the
accounts and other disclosures, of the financial position and performance of a company.
 Perform pro-forma adjustments to reported financial statements by taking into account

exceptional items, off-balance sheet financing, capitalized interest, etc.
 Account for revenue recognition of construction contracts, inter-corporate investments

(including consolidation of subsidiaries, equity method for associates and fair value
options), earnings per share computation, business segments, leases, intangible assets,
impairment, etc.
 Develop an ability to independently learn, unlearn and re-learn relevant updates on

accounting standards, corporate regulations and other financial reporting and disclosure
requirements.
Contents
 An Introduction to Financial Statements
 The Balance Sheet and Income Statement
 A Brief Overview of GAAP and IFRS: The Framework for Financial Accounting
 Revenue Recognition
 The Statement of Cash Flows
 Financial Statement Analysis
 Business Valuation and Financial Statement Analysis
 Accounting for Receivables and Bad Debts
 Accounting for Inventory
 Accounting for Property, Plant, and Equipment

Page 96 of 112
 Leases and Off-Balance-Sheet Debt
 Accounting for Bonds
 Provisions and Contingencies
 Accounting for Pensions
 Accounting for Income Tax
 Accounting for Shareholders’ Equity
 Investments
 Accounting for Mergers and Acquisitions

4 hours per week
Assessment
 Course work
 1 test 10%
REFERENCES
PRISCRIBED READINGS

 Financial Intelligence, Karen Berman, Joe Knight
 Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial
Reports Thomas Ittelson
 The Model Thinker: What You Need to Know to Make Data Work for You Scott E.
Page
 Infonomics:How to Monetize, Manage, and Measure Information as an Asset for
Competitive Advantage Douglas B. Laney
 Financial Planning & Analysis and Performance Management Jack Alexander
 Financial Shenanigans, Fourth Edition: How to Detect Accounting Gimmicks and
Fraud in Financial Reports Howard M. Schilit, Jeremy Perler, Yoni Engleheart
 Reading Financial Reports For Dummies Lita Epstein
 Visual Finance: The One Page Visual Model to Understand Financial Statements and
Make Better Business Decisions George Tsvetanov
Page 97 of 112
STRATEGIC MANAGEMENT: HRM 415
COURSE AIM
This course is aimed at assisting individual students ensure they are up to date on the latest
business growth strategies as well as on the newest tools for strategic planning models.
OBJECTIVES
By the end of this course, students should be able: -
 To exploit and create new and different opportunities for tomorrow.

 To provide the conceptual frameworks that will help a manager understand the key
relationships among actions, context, and performance.
 3. To put an organization into a competitive position.
 4. To sustain and improve that position by the deployment and acquisition of appropriate
resources and by monitoring and responding to environmental changes.
 5. To monitor and respond to the demands of key stakeholders.
 6. To find, attract, and keep customers.
 7. To ensure that the company is meeting the needs and wants of its customers, which is a
cornerstone in providing the quality product or service that customers really want.
 8. To sustain a competitive position.
 9. To utilize the company’s strengths and take full advantage of its competitor’s
weaknesses.
 10. To understand the various concepts involved like strategy, policies, plans and
programmes.
 11. To have knowledge about environment—how it affects the functioning of an
organization.
 12. To determine the mission, objectives and strategies of a firm and to visualize how the
implementation of strategies can take place.
 13. To find the solutions of problems in real-life business.
 14. To develop analytical ability to identify threats and opportunities present in the
environment.
 15. To develop the skills of strategic decision making.
 16. To develop a creative and innovative attitude and to think strategically.
Contents
 Mastering Strategy: Art and Science
 Leading Strategically
 Evaluating the External Environment
 Managing Firm Resources
 Selecting Business-Level Strategies
 Supporting the Business-Level Strategy: Competitive and Cooperative Moves
 Competing in International Markets
Page 98 of 112
 Selecting Corporate-Level Strategies
 Executing Strategy through Organizational Design
 Leading an Ethical Organization: Corporate Governance, Corporate Ethics, and Social
Responsibility

4 hours per week
Assessment
 Course work
 1 test 10%
REFERENCES
PRISCRIBED READINGS
 Blue Ocean Strategy: How to Create Uncontested Market Space and Make the
Competition Irrelevant W. Chan Kim

 Good to Great: Why Some Companies Make the Leap... and Others Don't James C.
Collins
 Strategic Management: Concepts Fred R. David
 Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and
Cases Arthur A. Thompson Jr
 Strategic Management John A. Pearce II
 Strategy Safari: A Guided Tour Through The Wilds of Strategic Management Henry
Mintzberg
 The Balanced Scorecard: Translating Strategy into Action Robert S. Kaplan
 Understanding Michael Porter: The Essential Guide to Competition and Strategy Joan
Magretta
Page 99 of 112
 Strategic Management: Concepts and Cases: Competitiveness and Globalization Michael
A. Hitt
DISSERTATION: HRM 415
COURSE AIM
The aim of the dissertation or thesis is to produce an original piece of research work on a

clearly defined topic. ... Writing a dissertation requires a range of planning and research skills
that will be of great value in your future career and within organizations.
OBJECTIVES
By the end of this course, students should be able to do the following in writing their
Dissertation:
 Describe a relevant area of career development, career coaching, coaching or work-

related learning studies.
 Identify research methods.
 State research questions.
 Identify literature for review.
 Critically analyze and evaluate the knowledge and understanding in relation to the
agreed area of study.
Contents
 Title Page
 Copyright Page
 Abstract
 Dedication, Acknowledgements, and Preface (each optional)
 Table of Contents, with page numbers
 List of Tables, List of Figures, or List of Illustrations, with titles and page numbers (if
applicable)
 List of Abbreviations (if applicable)
 List of Symbols (if applicable)
 Chapters, including:
 Introduction, if any
 Main body, with consistent subheadings as appropriate
 Appendices (if applicable)
 Endnotes (if applicable)
 References (see section on References for options)

4 hours per week
Page 100 of 112

Assessment
 Course work
 1 test 10%
REFERENCES
PRISCRIBED READINGS
 How to write your first thesis: A practical guide for the entire process of producing a
thesis for the first time Gruba, Paul, Zobel, Justin

 How to Write a Thesis Umberto Eco; Geoff Farina; Francesco Erspamer; Caterina
Mongiat Farina
 How to Write a Better Thesis David Evans; Paul Gruba; Justin Zobel
 Finish Your Dissertation, Don't Let It Finish You! Joanne Broder Sumerson
 Writing Your Doctoral Dissertation or Thesis Faster E. Alana James; Tracesea H. Slater
CORPORATE FINANCE: BF 412
COURSE AIM
To help student understand how Shareholder wealth can be maximized through the
application of short-term and long-term strategies that assist companies in obtaining new
funds either from equity or debt sources.
OBJECTIVES
 identify the key themes in corporate finance

 explain the role of finance in an organization
 explain and analyze the interrelationship between finance and governance
 Analyze the relationship between strategic decision making and corporate
financing decisions.
Page 101 of 112

Contents
 Generational forms of Business
 Organization Chart & Finance Function
 Finance Function-Organization, Objectives & Decisions
 Financial Statements, Analysis and Information
 Cash Flow Statement
 Corporate Income Tax
 Time Value of Money
 The Financial Securities
 The Financial Markets
 International Financial Markets
 Financial Institutions
 Interest Rates
 Basic Valuation Model
 Risk
 Investment Decision Rules
 Cash Flow
 Incremental Analysis
 Break-Even Analysis
 Project Proposals
 Investment Decisions
 Capital Budgeting Techniques
 Financial Structure - Capital
 Financial Distress - Remedial Options
 Corporate Restructuring Options
 Cost of Debt
 Cost of Capital
 Financial Leverage
 Dividend Policy
 Forms of Dividend
 Dividend Model & Its Decisions
 Financial Ratios
 Working Capital Management
 Bank Credit
Page 102 of 112

4 hours per week
Assessment
 Course work
 1 test 10%
REFERENCES
PRISCRIBED READINGS
 Corporate Finance: Theory and Practice – Pierre Vernimmen, Pascal Quiry, Maurizio
Dallochio, Yann Le Fur, and Antonio Salvi
 Corporate Finance: The Basics – Terence C.M. Tse
 Financial Terms Dictionary – Thomas Herold
 Fundamentals of Corporate Finance – Richard A. Brealey, Stewart C. Myers, and Alan J.
Marcus
 Essentials of Corporate Finance – Stephen Ross, Randolph Westerfield, and Bradford
Jordan
 Risk Management: The Ultimate Guide to Financial Risk Management as Applied to
Corporate Finance – Greg Shields
 Continuous-Time Models in Corporate Finance – Santiago Moreno-Bromberg and Jean-
Charles Rochet
 Corporate Finance: Investment and Advisory Applications – Jesse McDougall and
Patrick Boyle
 Financial Modeling – Simon Benninga
LEASE AND PROJECT FINANCING: BF 414
COURSE AIM
The purpose of the course is to understand what Lease and project finance is, it’s

necessary elements, why it is used, how it is used its advantages and
disadvantages.
OBJECTIVES
 Identify projects that meet the essential criteria for a project financing
 Know how to create the structure for a basic project financing.
Page 103 of 112

 Identify and describe the operational, financial, and tax objectives that motivate
leasing.
 Explain why some leases constitute lease agreements and some represent
purchases/sales accompanied by debt financing
 Explain the basis for each of the criteria and conditions used to classify leases
 Record all transactions associated with operating leases by both the lessor and lesse.
Describe and demonstrate how both the lessee and lessor account for a capital lease
 Describe and demonstrate how the lessor accounts for a sales-type lease.
Contents
 The time value of money
 Perpetuities, annuties and interest rates
 Lease financing
 Accounting and tax treatments of leases
 Return to the lessor
 To lease or buy/borrow
 Internal rate of return analysis
 Sources of value in leasing
 Leasing companies in zambia
 Projects and their life cycle
 Introuduction to project finance
 The advantages and disadvantages of projectfinance
 Process in project finance and the informationmemorandum
 Parties to project financing
 Syndicate loans and their structures
 Risks in project finance
 Risk allocation in project finance
 The concession or build–operate-transertransactions (bot
 The role of pure advisors in a project financedeal
 Project cash flows
 The business and financing plan for the project
 Financial modeling of a project
 The project’s borrowing capacity and its ability toservice debt
 Project evaluation and the cost of capital
 The project’s financial ratio and sensitivityanalysis
 Sources of funds for project financing
 Main sources of equity and debt for projects
 Venture capital
 Project finance documentation
 Political risks and insurance in project finance

4 hours per week
Page 104 of 112
Assessment
 Course work
 1 test 10%
REFERENCES
PRISCRIBED READINGS
 Principles of Project Finance E.R. Yescombe

 Introduction to Project Finance (Essential Capital Markets) Andrew Fight
 Project Finance in Theory and Practice, Second Edition Stefano Gatti
 Modern Project Finance: A Casebook Benjamin C. Esty
 The Law and Business of International Project Finance Scott L. Hoffman
 Project Finance for the International Petroleum Industry Import Robert Clews
 Corporate and Project Finance Modeling Wiley Finance
 International Project Finance in a Nutshell 2nd Edition John Niehuss
 International Project Analysis and Financing Gerald Pollio
 Advanced Project Financing Paperback – September 1, 2000 Richard Tinsley
FINANCIAL MANAGEMENT: BF 417
COURSE AIM
Helping the Student understand how the cost of finance can be reduced. Ensuring sufficient
availability of funds. Also, dealing with the planning, organizing, and controlling of financial
activities like the procurement and utilization of funds.
OBJECTIVES
 Demonstrate an understanding of the overall role and importance of

the finance function.
 Demonstrate basic finance management knowledge.
 Communicate effectively using standard business terminology.
Contents
 Introduction to Financial Management.
 Financial Instruments: Equity Shares, Preference Shares, Right Issue.
 Debts: Debentures, Types of Debentures.
 Indian Financial System.
 Time Value of Money.
Page 105 of 112
 Valuation of Bonds and Shares.
 Financial Statements
 Cash Flow
 Fixed Capital Analysis
 Capital Structure and Dividend Policy
 Working Capital Analysis
 Inventory Management
 Cash Management Analysis
 Foreign Exchange Orientation
 Commodity Exchange
 Financial Risk Management

4 hours per week
Assessment
 Course work
 1 test 10%
REFERENCES
PRISCRIBED READINGS
 Advanced Financial Management: Kohok, M. A., Everest Publishing House

 Cases & Problems On Financial Management: Rao, A. P., Everest Publishing House
 Cases In Financial Management: Pandey, I/ Bhat, R. TMH
 Financial Management: Inamdar, S. M. Everest
 Financial Management: Kishore, R. M. Taxman Allied Service
 Financial Management: Kuchhal, S. C. Chaitanya
 Financial Management: Kulkarni, M. A. Career
 Financial Management: Pandey, I. M. Vikas
 Financial Management & Policy: Horne, J. C. V. Pearson
 Financial Management & Policy: Global Perspective: Srivastava, R. M. Himalaya
CORPORATE GOVERNMENT AND BUSINESS ETHICS HRM 417
COURSE AIM
Page 106 of 112

Enable students understand the framework and general principles of ethical behavior, how
they may be applied in the work environment and the role good corporate governance in
achieving the organization’s objectives.
OBJECTIVES
 Understand the Business Ethics

 Provide best practices of business ethics
 To develop various corporate social Responsibilities and practice in
their professional life
 To imbibe the ethical issues in corporate governance and to adhere to
the ethical codes.
Contents
 Business Ethics
 Management and Ethics
 Corporate Social Responsibility
 Corporate Governance

4 hours per week
Assessment
 Course work
 1 test 10%
REFERENCES
PRISCRIBED READINGS
 Investigation Reports Petter Gottschalk

 Beyond Shareholder Value P. M. Vasudev
 A Research Agenda for CorporationsChristopher May
 Research Handbook on Sport GovernanceMathieu Winand, Christos Anagnostopoulos
 Case Studies of Executive DeviancePetter Gottschalk
 Anti-Corruption Compliance Gemma Aiolfi
Page 107 of 112
 How Standards Rule the WorldIngrid Gustafsson
 How to Get Published in the Best Management JournalsMike Wright, David J Ketchen,
Jr., Timothy Clark
 The Political Constitution of the CorporationAlexander Styhre
Appendix 2
Teaching Staff Curricula Vitae
Page 108 of 112

CURRICULUM VITAE
PERSONAL DETAILS
Name: Obaly Musukwa
Telephone: 0979444706/0954139838
Email Address:obalmusukwa@gmail.com
Date of birth: 07/01/1989
Nationality: Zambian
Educational background:
Professional qualification School Place Year
ZICA Professional ZABTUC Lusaka 2012
ZICA Licentiate Lusaka ZABTUC Lusaka 2010
ZICA Technician ZABTUC Lusaka 2009
Academic qualification School Place Year
Grade Seven Lukashya middle basic Kasama 2001
Grade Nine Kasama Boys High Kasama 2003
Grade Twelve Kasama Boys High Kasama 2006
Membership of Professional Association
Graduate member of Zambia Institute of Chartered Accountants (ZICA)
Other Skills and Knowledge

-Pastel Accounting
-Microsoft Word
-Microsoft Excel
-Microsoft outlook
-Tailwind Logistics and Accounting
-Accpac
Countries of work experience

Zambia
Languages Speaking Reading Writing
English Excellent Excellent Excellent
Bemba Excellent Excellent Excellent
Nyanja Fair Fair Poor
Chinese Mandarin Fair Fair poor
Employment Record
Employer:
(a)Vineyard Estates Limited
Position:
Assistant Accountant
Responsibilities:
1. Preparing cashbook
2. Preparing sales reports
3. Following up Debtors for Payments
Page 109 of 112
4. Collecting payments
Period:
From November 2011 to November 2012
Name of firm:
(b)George Baison and Obed Chartered Accountants
Position:
Audit Senior
Responsibilities:
1. Preparation of financial statements
2. Carrying out of audit work
3. Determining audit fees
4. Writing proposals
5. Auditing stock takes for clients
Period:
From November 2012 to May 2014
Name of firm:
©Foamking Manufacturers Limited
Position:
Internal Auditor/Management Accountant
Responsibilities:
Carrying out internal audit of the company in following areas:
1. Prepare a Master List of areas to be covered.
2. Prepare a Check List in the beginning of every week in advance about the
areas to be covered for internal audit.
3. Ensure that company financial procedures, rules and regulations are strictly
followed and implemented in the Group.
4. Ensure the adequacy of internal control system, reliability of information and
effective utilization of company resources and to identify the problems in
internal control system, find out the solutions and suggest to the management
accordingly.
5. Do cold call audit (audit without prior notice) in different areas thoroughly by
rotation and submit the reports to the Group General Manager for review.
6. Submit internal audit report stating all the findings, even a small nature, to the
management.
7. Preparation of Monthly Management Accounts
8. Preparation of Year end Accounts
9. Preparation and Analysis of Budgets
10. Entering of Journal entries
11. Supervising all Accounting work in the Accounts Department
Period: From May 2014 to September 2019.

Name of the Company
ZAMPOST
Position
Senior Accountant-Creditors
Responsibilities
Page 110 of 112

·Keeping track of all payments and expenditures, purchase orders, invoices,
statements, etc
· Reconciling processed work by verifying entries and comparing system reports to
balances
· Maintaining historical records.
· Paying employees by verifying expense reports and preparing pay checks.
· Paying Suppliers by scheduling pay checks and ensuring payment is received for
outstanding credit; generally responding to all Supplier enquiries regarding finance.
· Preparing analyses of accounts and producing monthly reports.
· Continuing to improve the payment process.
Period
06/01/2020 to 28/03/2021.
Name of the Company

Rockview University
Position
Internal Auditor
Key Responsibilities
 Prepare a Master List of areas to be covered.
 Prepare a Check List in advance about the areas to be covered for internal
audit.
 Do cold call audit (audit without prior notice) in different areas thoroughly by
rotation and submit the reports to Management.
 Ensures the organization complies with internal regulations and established
control protocol
 Examines documentation, including reports, statements, records, and memos
to gather information
 Reconciles documentation with actual inventory or assets to ascertain
accuracy
 Completes standard paperwork and questionnaires to confirm internal
controls
 Participates in meetings with individuals and departments to update auditees
on findings and the audit process
 Prepares reports and preserves documentation pertaining to audits for
internal record
 Presents summarized findings concerning audit results and trends for internal
groups
 Analyses audit results to determine methods for increasing profits and
decreasing unnecessary costs
 Makes recommendations for the best ways for a company to avoid fraud and
reduce waste
 Assesses best financial practices for the organization and makes relevant,
informed suggestions
 Keeps up-to-date on audit procedures and regulations by attending
conferences, workshops, and continuing education seminars
 Participates in industry organizations and develops a professional network
 Works with a team to achieve company goals
 Implement plans of corrective action.
Period
Page 111 of 112

01/03/2021 to date
REFEREES
1. ChipoChiyabi
Finance Director
Vineyard Estates Limited
TELEPHONE: 0966 750215
chipochiyabi@gmail.com
Relationship: Former Employer
2. Bernard Kaminsa
Managing Partner
GBO Chartered Accountants
BOX 37954
LUSAKA
TELEPHONE: 0968266285
Bernard.Kaminsa@gbo.co.zm
Relationship: Former Employer
3. Emmanuel Kasoma
Internal Auditor
Council Mpika
Mpika
Mobile: 0974077157
kasomaemmanuel@gmail.com
Relationship: Former Superior
Page 112 of 112

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REPUBLIC OF ZAMBIA

MINISTRY OF HIGHER EDUCATION

The Higher Education Act No. 4 of 2013

APPLICATION FOR ACCREDITATION OF HIGHER EDUCATION LEARNING

A Higher Education institutions applying for Accreditation of Higher Education Learning

The Director General

Name of Higher Education Institution

Physical Address Twin Palm Crossroads

This information will relate, but not limited, to the following:

1. Aims and Objectives

C2. Details of Higher Education Learning Programmes

Programme Reference Number

THE AIM OF THE PROGRAMME

THE OBJECTIVES OF THE PROGRAMME

i. Develop an analytical, innovative, creative and constructive mind.

Name of Learning Course: BA HU (Accounting and Finance)

Details of Learning Outcomes, Teaching and Learning Plans, Levels of

1. ACC111: Financial Accounting

YEAR 2MAJORS AND MINORS

1. ACC213: Principles of Taxation

YEAR 3 MAJORS AND MINORS

1. ACC311: Public Sector Accounting

YEAR 4 MAJORS ONLY

C2.2.2 LEARNING OUTCOMES

COM 11: COMMUNICATION AND STUDY SKILLS- Full Course

 Demonstrate a strategy for using communication skills over an extended period of

 Continuous assessment 50%

HEC111: INTRODUCTION TO ECONOMICS – Full Course

EC112: BUSINESS MATHEMATICS- Full Course

HRM 111: THE PRINCIPLES OF MANAGEMENT

Having successfully done this course, students should be able to:

 Assess managerial practices and choices relative to ethical principles and

 Evaluate approaches to addressing issues of diversity.

 Continuous assessment 50%

ICT 111: INTRODUCTION TO COMPUTERS

AIM: This course introduces computer concepts, including fundamental

MKT 111: PRINCIPLES OF MARKETING

Having successfully done this course, students should be able to:

 Continuous assessment 50%

 Describe the principles and role of taxation

 Explain the administrative procedures for direct taxes

Teaching and Learning plan

 Continuous assessment 50%

MONETORY AND FINANCIAL SYSTEMS

 Three lecture hours per week

 Continuous Assessment 50%

 Final Exam 50%

BF 213: FINANCIAL PLANNING AND ANALYSIS AND REPORTING – Full Course

EC 212: INTERMEDIATE MACRO ECONOMICS

Aim: This course introduces learners with a rigorous overview of

Final examination 50%

EC 213: INTERMEDIATE MICRO ECONOMICS

 Demonstrate an understanding, usage and application of basic economic principles

Aim: The course aims to allow students to formulate an awareness of strategic areas, to

 Having successfully done this course, students should be able to understand

Final examination 50%

BBS 240: MANAGEMENT INFORMATION SYSTEMS– Full Course

 Having successfully done this course, students should be able to:

Final examination 50%

 Understand some of the requirements of the International Public Sector Accounting

 Prepare simple financial reports of public sector organizations

 Prepare and evaluate public sector budgets

 Understand how funding is raised and applied in the public sector

ACC 312 AUDITING

Accreditation Accounting & Finance

Accreditation Accounting & Finance