Gedion F

Name of University:
Name of College/Faculty:
Name of Department: Accounting and Finance Program
Course Information
Course Number AcFn3122
Course Title Ethiopian Government Accounting and Financial Management
Degree Program BA Degree in Accounting and Finance
Module Non-Profit Sector Accounting
Module No and M12; AcFn-M2121
Code
Module
Coordinator
Lecturer Gedion F.
Contact Hours 2
(per week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Identify the objectives of FGE accounting system
be Acquired • Explain why and how the FGE accounting system uses modifies cash
basis of accounting.
• Record various transactions in government budgetary institutions.
• Prepare monthly financial reports for a reporting entity
• Identify budget control mechanisms
• Identify types of ledgers maintained in FGE- system of accounting
• Define the basic concepts and terminology in government budgeting
• Describe the nature, roles and significance of government budgeting.
• Recognize basic problems in government budgeting.
• Describe the process involved in the Ethiopian budgeting system.
• Perform basic budgeting activities within Ethiopian context at any
level of government; and
• Value the importance of budgeting in the Regional and Federal
Governments.
Course The course will help the students to be acquainted with the FGE
Description Accounting concepts and practices, in doing so they will differentiate with
the expanded (improved) FGE accounting system and the previous FGE
accounting system and the need for improvements.
The course will discuss in detail goals achieved by FGE accounting systems
Basic accounting concepts, over view of FGE financial administration and
accounting system and budget control. It also discusses the transaction
registers for local currency and foreign currency and about general and
subsidiary ledgers. It further discusses FGE monthly reports, different
transaction, letters of credit and construction projects.
It is also designed to cover areas what government budgeting is, its roles,
the cycle or process of government budgeting, the managerial apportion to
and problems in government budgeting, and accounting and performance
measurement. In light of these theoretical foundations the course will also
discuss the Ethiopian budgeting practices at Federal and Regional levels.
Course Contents Reading
1. Introductions
1.1. Historical overview of Ethiopian Government
Accounting System
1.2. FGE Chart of accounts
1.3. FGE Budget Process
1.4. Fundamentals of FGE program budget
1.5. Overview of IBEX and IFMIS
1.6. Budget ledger card
1.7. Basis of accounting
1.8. Legal Framework of FGE Financial
Administration
2. General and subsidiary ledgers

2.1. Description of ledger
2.2. Structure and organization of ledgers
2.3. Recording entries in the ledger.
3. Recording common transactions of FGE
3.1. Cash withdrawn from bank to safe
3.2. Cash deposited in to bank from the safe
3.3. Cash transfer
3.4. Non-Cash transfers
3.5. Salary
3.6. Withholding tax
3.7. Grease period payables
3.8. Payable
3.9. Deposits
3.10. Receivables
3.11. Aid-in-Kind
3.12. Cash and check receipts by cashier
3.13. Cash imprest payments to cashier by accountant
3.14. Cash payments by cashier
3.15. Cash payments by accountant
3.16. Recording foreign currency transaction
4. Monthly Reports
4.1. Revenue / Assistance/ Report
4.2. Recurrent expenditure Report
4.3. Capital Expeditor report
4.4. Transfer Report
4.5. Payable Report
4.6. Trial Balance
5. Financial reports and financial statements

5.1. Statement of Budgeted Revenue and
Expenditure
5.2. Statement of changes in cash position
5.3. The Balance sheet
6. FGE Financial Management
6.1. Objectives of Public Financial Management
6.2. Legal Framework of Public Financial
management
6.3. Federal Audit
6.4. Issues of FGE Public Financial Management
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to
present in a class room. The full and active participation of students is
highly encouraged.
Assessment/Eval
uation The evaluation scheme will be as follows:
Test Test Test Quiz1 Assignment Final Total

1 2 3 1
10% 10% 15% 5% 10% 50% 100%
Work load in hours

Hours Required
To
Self-
Lectures Lab Assessments Tutorials Studies Assignment Advising
32 - 10 12 27 - - 81
Roles of the He/she will come to the class regularly on time and deliver the lecture in a
Instructor well-organized manner. Besides, at the end of each class he/she gives
reading assignment for the next class. He/she will make sure that proper
assessments is given. He/she is also responsible to give feedback for each
assessment.
Roles of the The success of this course depends on the students’ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and
problems. Students are also expected to read the assigned readings and
prepare the cases before each class so that they could contribute effectively
to class discussions. Students must attempt assignments by their own.
Proficiency in this course comes from individual knowledge and
understanding. Copying the works of others is considered as serious offence
and leads to disciplinary actions.
Text and reference • Ethiopian Constitution
books • Federal Financial Administration Proclamation
• Federal Financial AdministrationRegulation
• MoFED Directives, manuals,
• Auditor General reports

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2. General and subsidiary ledgers

5. Financial reports and financial statements

Test Test Test Quiz1 Assignment Final Total

Work load in hours

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