STAREP - Strengthening Auditing and Reporting in the Countries of the Eastern Partnership Education in Auditing & Accounting At University Level In The Republic Of Moldova Valentina Paladi, PhD, Dean, Faculty of Accounting, Academy of Economic Studies of Moldova Chisinau, April 1-2, 2014
University Education System In The Republic Of Moldova May 2005, the Republic of Moldova joined the Bologna Process Three cycles higher education qualifications Academic Mobility Autonomy of Universities Recognition of Degrees and Ranks Internationalized Higher Education and Other Aspects
Educational system of the RM POSTDOCTORAL 5 HIGHE R EDUCA TION CYCLE III DOCTORAL DEGREE, 3-4 YEARS CYCLE II - MASTER S DEGREE, 1-2 YEARS CYCLE I - LICENTIATE DEGREE, 3-4 YEARS 3 Lyceum 3 years 3 Vocational school, 3 years 4 College, 4 years 2 1 0 0 Gymnasium, 5 years Primary education, 4 years Preschool
The Bologna System In 2006, the national Credit Transfer System similar to ECTS (European Credit Transfer System) was introduced From January 1, 2013, all universities enjoy financial autonomy Currently, the Code of Education is being finalized
Number of institutions of higher education in the RM, by type o title (total institutions / public HEDs)
Number of higher educational institutions specializing in economics, (public vs private)
Number of public higher education institutions of economics and offering specialization in accounting (total public/ accounting specialization)
Academy of Economic Studies of Moldova Set up on September 25, 1991 by Government Decree A leading and prestigious economic university of the Republic of Moldova
Accreditation of the Academy of Economic Studies of Moldova 2001 National Council for Academic Appraisal and Accreditation of Educational Institutions in the Republic of Moldova 2006 National Appraisal and Accreditation Council 2007 Ministry of Education and Youth 2012 - National Appraisal and Accreditation Council 2009 ISO 9001:2008
Cooperation Agreements All in all, 55 cooperation agreements with universities of 18 states, of which: Romania - 17 France - 5 Ukraine - 10 Italy - 3 Poland - 2 Russia - 4 Belarus - 2 China - 2 Bulgaria, Sweden, Latvia, Serbia, Morocco, Estonia, Czech Republic, Turkey and Austria 1, The agreements include programs of academic and scientific exchange for students and professors.
To date, Academy of Economic Studies of Moldova has trained 43 371 graduates in economics, i.e. Managers Financial experts Marketing managers Accountants IT professionals Statisticians Economists
15371 15253 16000 14000 12532 14218 14221 11211 10678 11104 1096210538 12000 9909 9132 10000 8000 6000 3813 4252 4274 4921 6662 7625 8167 8492 7996 7457 8061 4000 2000 0 1991-1992 1992-1993- 1994-1995- 1993 1994 1995 1996 1996-1997- 1998-1997 1998 1999 1999-2000- 2001-2002- 2000 2001 2002 2003 2003-2004- 2005-2006- 2004 2005 2006 2007 2007-2008- 2009-2008 2009 2010 2010-2011- 2012-2013- 2011 2012 2013 2014 Number of students
Departments in Academy of Economic Studies of Moldova Business and Administration General Economics and Law International Economic Relations Finance Cyber Sciences, Statistics and Economic Information Accounting National College of Commerce
Business and Administration Department Business and Administration Intellectual Property Management Hospitality Management Procurement Public Catering and Management Marketing and Logistics Commodity Science and Trade
General Economics and Law Department General Economics Administration of Government Labor Resources Management Law
International Economic Relations Department International Economics and International Economic Relations
Finances Department Banks and Finance
Cyber Science, Statistics and Economic Informatics Department Cyber Science and Economic Informatics Information Technologies Information Management Applied Informatics Information Security Informatics Statistics and Economic Forecasting
Department of Accounting Accounting
Masters School of Economics and Business Overall specialization Professional Training Number of Curricula Political Science Administration of Government 2 Economics Accounting, Accounting & Finance, Accounting & Business and Administration Finance 5 Business and Administration 9 Marketing and Logistics 3 International Economics and International Economic Relations 5 7 General Economics 4 Statistics and Economic Forecasting 4 Cyber Science and Economic Informatics 3 Commodity Science and Trade 2 Law Law 10 Science Information Science 1 Public Services Hospitality Management 3
Chairs of the Accounting Faculty in Academy of Economic Studies of Moldova Accounting and Auditing Accounting and Economic Analysis
Number of actual students, Accounting Faculty Academy of Economic Studies of Moldova
Accounting Department Graduates, Moldovan Academy of Economics
Accounting Faculty Accreditation (ACCA) In 2012, Accreditation process began www.accaglobal.com Name: ACCA (the Association of Chartered Certified Accountants) Established in:1904 Head Office: Glasgow, Great Britain Offices: a network of 83 offices and centers globally Membership and students: 162000 members and 428000 students from 173 countries. Currently, the Republic of Moldova has 40 АССА members and there are183 students who can take certification exams at the ACAP certification centers in Chisinau, and there are 5 affiliated ACCA members.
ACCA Qualifications Knowledge F1 Accountant in Business (AB) F2 Management Accounting (MA) F3 Financial Accounting (FA) Skills F4 Corporate and Business Law (CL) F5 Performance Management (PM) F6 Taxation (TX) F7 Financial Reporting (FR) F8 Audit and Assurance (AA) F9 Financial Management (FM) Essentials (all 3) P1 Professional Accountant (PA) P2 Corporate Reporting (CR) P3 Business Analysis (BA) Options (any 2 of 4) P4 Advanced Financial Management (AFM) P5 Advanced Performance Management (APM) P6 Advanced Taxation (ATX) P7 Advanced Audit and Assurance (AAA)
Stages of MAE Accounting Faculty Accreditation Stage one: 1. Getting to know the contents of - the Accreditation Handbook, - The ACCA syllabus and Manual 2. Filing an application for ACCA accreditation.
Accreditation: Stage Two 1. Familiarization with the accreditation process of the accounting and managerial informatics department (of Bucharest Academy of Economics) 2. Organizing and holding an International Conference 3. Review of curricula and examination papers 4. Preparing a full set of papers for ACCA accreditation and filing it in 5. Technical and financial support: REPARIS Regional Project (www.worldbank.org/reparis) and South-South Experience Exchange Facility Trust Fund ttp://wbi.worldbank.org/sske/) of the World Bank.
Accreditation: Stage Three Implement the reviewed curricula in the teaching process Continuous renewal of curricula and manuals in line with the ACCA Requirements
Advantages of ACCA accreditation for the Moldovan Academy of Economics International recognition Better visibility of the accredited university to potential students in search of option for a concrete specialization Improved quality of courses Accreditation process is free of charge
Advantages of ACCA accreditation for graduates A leave from certain courses and exams Reduction of costs Professional mobility in EU countries and beyond
Thank you! Academy of Economic Studies of Moldova MD-2005, Moldova, Chisinau, str. Bănulescu-Bodoni, 61 www.ase.md d.con@ase.md