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accounting

Bachelor of Accounting and Audit


The Bachelor in Accounting and Audit (BACTA) program equips students with a thorough knowledge of the following topics:

  • the basic principles of financial accounting in making effective management decisions for organizations;
  • the fundamental concepts of cost and management accounting and their use by managers for decision making and control;
  • the theoretical and technical aspects of financial reporting and auditing in organizations including audit of financial statements and audit of internal control over financial reporting;
  • the tax structure and policies for corporate organizations and individuals and legal and regulatory environment within which accounting is performed.

At successful completion of the BACTA program, graduates will be able to:

  • describe and apply concepts from the accounting cycle including recording transactions and preparing financial statements for proprietorship, partnership and corporations;
  • report and explain income and retained earnings and earnings per share;
  • analyze and report cost accounting including financial and non-financial information;
  • apply management accounting principles to analyzing resource allocation and performance measurement of organizations;
  • describe and apply technical and theoretical aspects in financial reporting and auditing;
  • determine the nature and amount of evidence of internal control over financial reporting;
  • prepare tax returns for individuals and corporate firms in compliance with the requirements of tax authorities;
  • describe and apply the concepts and theories of ethics as they apply to the field of Accounting.

To earn the Bachelor in Accounting and Auditing degree, students should complete 240 ECTS or 146 KIMEP credits. The following table illustrates the structure of the BACTA Program. 

Category of Courses ECTS Credits KIMEP Credits
General Education  56 36
Program Foundation  112 68
Program Specialization  60 36
Final Attestation 12 6
TOTAL 240 146

 

General Education Courses (56 ECTS/36 KIMEP credits)

The General Education component consists of two parts:

 (1) General Education required courses (33 KIMEP /51 ECTS Credits), 

(2) General Education elective courses (3 KIMEP/5 ECTS Credits).

The following table illustrates the requirements of the General Education component of the program.

Code General Education Courses ECTS Credits KIMEP Credits Prerequisite 
General Education Required Courses 51 33  
GEN/IRL 1000 Modern History of Kazakhstan 5 3 None
GEN/OPM 1300 or
GEN/OPM 2301
Information and Communication Technologies or Business Computer Applications 5 3 None
GENXXXX Physical Education 8 4 None
GENXXXX Module of socio-political courses 8 8 None
KAZ/RUS2101 Kazakh (Russian) Language 1  5 3 None
KAZ/RUS2102 Kazakh (Russian) Language 2  5 3 None
ENG 1110/

GEN1010

Academic Listening and Note Taking  5 3 None
ENG 1120 Academic Reading and Writing 1  5 3 None
GEN/IRL 2500
or 

GEN/IRL 2510

Introduction to Philosophy or Principles of Ethics 5 3 None
General Education Elective Course 5 3  
GENXXXX General Education course  5 3
TOTAL 56 36

 

Program Foundation Courses (112 ECTS/68 KIMEP Credits)

The Program Foundation components consist of two parts:

(1) Program foundation required courses (32 KIMEP /52 ECTS Credits)

(2) Program foundation elective courses (36 KIMEP/60 ECTS Credits)

The following table illustrates the requirements of the Program Foundation component of the program.

Program Foundation Courses ECTS Credits KIMEP Credits  Prerequisite
 Program Foundation Required Courses 52 32  
BUS4251.1 Internship Program I 2 1 30 KIMEP credits completed
ACC4251.2 / ACC4211.2 Internship Program in Accounting II/ Cases in Accounting (substitute) 2 2 60 KIMEP credits and BUS4251.1
ENG/GEN1100 Academic Speaking 5 3 ENG 1110/

GEN1010

ENG/GEN1121 Academic Reading and Writing 2 5 3 ENG 1120
KAZ2103 or RUS2103 Professional Kazakh (Russian) 3 2 None
FIN2105 Business Microeconomics 5 3 None
FIN2106 Business Macroeconomics 5 3 None
MGT3001 Principles of Management 5 3 None
ACC2102 Financial Accounting I 5 3 None
FIN3121 Principles of Finance 5 3 ACC2102
IFS2203 Management Information Systems 5 3 GEN/OPM1300/ 2301
MKT3130 Principles of Marketing 5 3 None
 Program Foundation Elective Courses 60 36  
XXXX Elective 1 5 3  
XXXX Elective 2 5 3  
XXXX Elective 3 5 3  
XXXX Elective 4 5 3  
OPM3131 Introduction to Operations Management 5 3 GEN2402
GEN2402 Business Statistical Analysis 5 3 MATH1202/

GEN1201

ACC2201 Management Accounting I 5 3 ACC 2102
FIN3101 Financial Institutions and Markets 5 3 FIN2106
LAW2202 Business Law 5 3 None
MGT4201 Strategy and Business Policy 5 3 MGT3001, MKT3130, FIN3121, ACC2201
OPM3011 Decision Techniques and Tools 5 3 GEN1201/

MATH1202, FIN3121

GEN1201 Mathematics for Business and Economics 5 3 None
TOTAL 112 68

 

Program Specialization Courses (36 KIMEP/ 60 ECTS Credits)

The Program Specialization component consists of two parts: 

(1) Required specialization courses (27 KIMEP credits/ 45 ECTS) and 

(2) Elective specialization courses (9 credits/ 15 ECTS). 

The following table illustrates the requirements of the Program Specialization component of the program.

  Program Specialization Courses ECTS Credits KIMEP Credits  Prerequisite
 Program Specialization Required Courses 45 27  
ACC3101 Financial Accounting II 5 3 ACC 2102
ACC3201 Intermediate Financial Accounting I 5 3 ACC3101
ACC3202 Intermediate Financial Accounting II 5 3 ACC3201
ACC3110 Management Accounting II 5 3 ACC 2201
ACC4203 Auditing 5 3 ACC 3101
ACC3210 Taxation in KZ 5 3 ACC 2102
ACC4201 Advanced Financial Accounting 5 3 ACC 3202
ACC3200 Ethics in Accounting 5 3 ACC2201
ACC4251.3 Internship Program in Accounting III 5 3 ACC4251.2 or

ACC4211.2

 Program Specialization Elective Courses 15 9  
ACC3204 International Financial Reporting Standards 5 3 ACC3202
ACC3205 Principles of Taxation 5 3 ACC 2102
ACC3299 Selected Topics in Accounting 5 3 ACC3202
ACC3212 Accounting Information Systems 5 3 ACC 3101 and GEN/OPM 1300 /2301
ACC4205 Cost Accounting 5 3 ACC2201
ACC4208 Advanced Financial Statement Analysis 5 3 ACC3110
ACC4209 Principles of Fraud Examination 5 3 ACC3101
ACC4210 International Accounting 5 3 ACC3101
ACC4211 Cases in Accounting 5 3 ACC3202
ACC4216 Professional Auditing 5 3 ACC 4203
ACC4220 Tax Planning 5 3 ACC 3210
ACC4240 Taxation of Multinational Enterprises 5 3 ACC3205 or ACC3210
TOTAL 36 60

 

Final Attestation (6 KIMEP credits/12 ECTS)

The Final Attestation component consists of the following three parts: 

(1) Research Methods in Business Studies (3 KIMEP credits / 5 ECTS) 

(2) State Examination (1 KIMEP credit / 3 ECTS) 

(3) Thesis/ State Specialized Examinations (2 KIMEP credits / 4 ECTS)

  Final Attestation Courses ECTS Credits KIMEP Credits  Prerequisite
BUS3300 Research Methods in Business Studies 5 3 Completion of General Education and Program courses
ACC4277 State Examination 3 1
ACC4275/

ACC4280/

ACC4290 

Thesis/State examination (2) 4 2
TOTAL 12 6

MAJORS

BACTA students have the opportunity to choose one of three majors:

(1) Professional Accounting

(2) Auditing

(3) Taxation

Professional Accounting (36 KIMEP credits / 60 ECTS)

Major in Professional Accounting is designed for students interested in pursuing a career of the professional accountant. It provides intensive training in accounting and the international reporting standards.  

To gain Major in Professional Accounting students are required to complete the following courses:

Course Code Course Title ECTS Credits KIMEP Credits
All 9 Program Specialization Required Courses 45 27
ACC3204 International Financial Reporting Standards 5 3
ACC3212 Accounting Information Systems 5 3
Any one course from:
ACC3299

ACC4208

ACC4205

ACC3212

Selected Topics in Accounting

Cases in Accounting

Advanced Financial Statement Analysis

Cost Accounting

Accounting Information Systems

5 3
TOTAL 60 36

 

Auditing (36 KIMEP credits / 60 ECTS)

Major in Auditing is designed for students interested in working as auditors. Graduates can joining “Big-4” auditing firms or work as consultants or internal auditors for domestic and international companies. This specialization enhances students’ skills in auditing techniques, providing them with additional tools to understand company’s accounts and their consistency with the business operations. 

For majoring in Auditing, students are required to complete the following courses:

Course Code Course Title ECTS Credits KIMEP Credits
All 9 Program Required Specialization Courses 45 27
ACC4209 Principles of Fraud Examination 5 3
ACC4216 Professional Auditing 5 3
Any one course from:
ACC3204

ACC4211

ACC4210

ACC3212

International Financial Reporting Standards

Cases in Accounting

International Accounting or

Accounting Information Systems

5 3
TOTAL 60 36

 

Taxation (36 KIMEP credits / 60 ECTS)

Major in Taxation is designed for students interested in a tax-related career – tax consultant, tax accountant or in-house tax specialist in domestic and international companies. In addition to understanding of accounting, students will learn theoretical and practical aspects of taxation, gain skills of reading, analyzing and interpreting the provisions of tax legislation and will be able to apply them to specific business situations and transactions. Students will develop a good  understanding of the tax system of Kazakhstan as well as understanding of the principles of international taxation.  

For specialization in Taxation, students are required to complete the following courses:

Course Code Course

Title

ECTS Credits KIMEP Credits
All 9 Program Required Specialization Courses 45 27
ACC4240 Taxation of Multinational Enterprises 5 3
ACC4220 Tax Planning 5 3
Any one course from:
ACC3212

ACC4209

ACC4211

ACC4210

ACC3205

Accounting Information Systems

Principles of Fraud Examination

Cases in Accounting

International Accounting

Principles of Taxation

5 3
TOTAL 60 36

 

MINORS

Minors for students of the Bang College of Business

Students are free to choose among different minors. They can also graduate without taking any minor. Graduating without a minor provides more flexibility in selecting elective courses because major requires students to take a particular set of courses.  

To gain a minor the BCB students shall take particular courses for a total of 9 KIMEP credits/15 ECTS. A particular course cannot be counted towards both a specialization and a minor.

Table below lists the requirements for Minors for the BCB students. 

Minor Area Code Course Title KIMEP Credits ECTS Credits Prerequisite
Accounting 

(any 3 courses)

ACC3101 Financial Accounting II 3 5 ACC2102
ACC3201 Intermediate Financial Accounting I 3 5 ACC3101
ACC3202 Intermediate Financial Accounting II 3 5 ACC3201
ACC3212 Accounting Information Systems 3 5 ACC3101
ACC3110 Management Accounting II 3 5 ACC2201
Finance FIN3210 Corporate Finance  3 5 FIN3121
FIN3101
FIN3220 Investments 3 5 FIN3121
FIN3101
FIN3230 Financial Institutions Management 3 5 FIN3121
FIN3101
Information Systems in Business 

(any 3 courses)

IFS3202 Database Management Systems in Business 3 5 GEN/OPM 1300 or GEN/OPM2301
CIT1303 Information Systems and Networking 3 5 GEN/OPM 1300 or GEN/OPM2301
CIT3745 Information Security Management 3 5 GEN/OPM 1300 or GEN/OPM2301
IFS4204 Decision Support System 3 5 GEN/OPM 1300 or GEN/OPM2301
Computer Applications CIT2731 Digital Graphics in Business 3 5 GEN/OPM 1300 or GEN/OPM2301
IFS4204 Decision Support System 3 5 GEN/OPM 1300 or GEN/OPM2301
CIT3734 Web Technologies in Business 3 5 GEN/OPM 1300 or GEN/OPM2301
Management        (any 3 courses) MGT3206 Leadership and Motivation 3 5 MGT3001
MGT3208 Innovation Management 3 5 MGT3001
MGT3210 International Business 3 5 MGT3001
MGT3212 Organizational Behavior 3 5 MGT3001
Leadership LDP3201 Leadership: Principles and Best Practices 3 5 MGT3001
LDP4201 Leadership: Making Principles Work 3 5 MGT3001
LDP4202 Leadership in Action 3 5 LDP 3201                   LDP4201 
Human Resources Management MGT3204 Human Resource Management 3 5 MGT3001
MGT4208 Training and Development 3 5 MGT3204
MGT4210 Compensation and Performance Management 3 5 MGT3204
Entrepreneurship MGT3211 Principles of Entrepreneurship 3 5 MGT3001
MGT3216 Business Model Innovation 3 5 MGT3211
MGT3217 Building and Accelerating the Venture 3 5 MGT3211
Marketing  (MKT3150 and any 2 other courses) MKT3150 Strategic Marketing 3 5 MKT3130
MKT3201 Consumer Behavior 3 5 MKT3150
MKT3202 Marketing Communications 3 5 MKT3130
MKT3214 Brand Management 3 5 MKT3150
MKT4203 Marketing Research 3 5 MKT3150
Tourism and Hospitality Management MKT3222 Cross Cultural Tourism Marketing 3 5 MKT3130
MKT3221 Tourism Practices and Principles 3 5 MKT3130
MGT3215 Hospitality Management 3 5 MGT3001

 

MERIT CERTIFICATES

In order to be eligible for the merit certificates under each Bachelor program, a student must:

  1. Take a set of three courses, offered by the BCB undergraduate programs, in a respective area.
  2. Meet exit criteria of a minimum overall GPA 4.00 in all courses required for a respective certificate.

III. All prerequisites must be met (waive of prerequisites, concurrent registration, CSS courses as equivalence of BCB courses are NOT allowed).

Merit Certificate in Auditing (9 credits / 15 ECTS)

Required courses:
ACC4203 Auditing
ACC4209 Fraud Examination
ACC4216 Professional Auditing

 

Merit Certificate in Taxation (9 credits / 15 ECTS)

Required courses:
ACC3205 Principles of Taxation
ACC3210 Taxation in Kazakhstan
ACC4240 Taxation of Multinational Enterprises

 

Merit Certificate in Corporate Finance and Investment Management (9 credits / 15 ECTS)

Required courses:
FIN4224 International Financial Management
FIN4212 Mergers and Acquisitions 
FIN4221 Investment Banking

 

Merit Certificate in Financial Institutions and Risk Management (9 credits / 15 ECTS)

Required courses:
FIN3230 Financial Institutions Management
FIN4224 Introduction to Financial Derivatives
FIN4232 Risk Management

 

Merit Certificate in Marketing Communications and Branding (9 credits / 15 ECTS)

Required courses:
MKT3202 Marketing Communications
MKT3201 Consumer Behavior
MKT3214 Brand Management

 

Merit Certificate in Tourism and Hospitality Management (9 credits / 15 ECTS)

Required courses:
MKT3221 Tourism Practices and Principles
MGT3215 Hospitality Management
MKT3222 Cross-Cultural Tourism Marketing

 

CERTIFICATE IN LEADERSHIP

The purpose of the Leadership Development Program is to help KIMEP students develop the necessary skills to assume key positions in Kazakhstani business and government.  It focuses on the practical application of leadership skills, ending in a supervised internship.  Those students who fulfill all Program requirements listed below receive a Certificate in Leadership.

Certificate in Leadership (9 credits / 15 ECTS)

Required courses:
LDP3201 Leadership: Principles and Best Practices
LDP4201 Leadership: Making Principles Work
LDP4202 Leadership in Action

 

 

ACC2102 Financial Accounting I (3 Credits; 5 ECTS)

Prerequisites: None 

This course introduces financial accounting and addresses such topics as; accounting principles and concepts, the accounting cycle including recording transactions; preparing financial statements, adjusting and closing accounts for proprietorships, partnerships, and corporations. It also addresses; accounting for merchandising, cash; temporary investments and receivables; inventories and cost of goods sold; plant and equipment, natural resources, and intangible assets.

 

ACC3101 Financial Accounting II (3 Credits; 5 ECTS)

Prerequisites: ACC2102 Financial Accounting I

This course continues the introduction of financial accounting and addresses the following topics; organization and operations of corporations; corporate transactions; reporting income and retained earnings; earnings per share; bonds as liabilities and investments; the cash flow statement, equity investments and international operations.

 

ACC2201 Management Accounting I (3 Credits; 5 ECTS)

Prerequisites: ACC2102 Financial Accounting I

This course introduces basic concepts in cost and management accounting. The course introduces the student to internal uses of the financial data.  Topics that may be covered include Systems Design (Job Order & Process Costing), Cost Behavior, Break-Even Analysis, Variable Costing, Activity-Based Costing, Profit Planning, Standard Costs, Budgeting, and Segment Reporting.  Other topics may be included as time permits.

 

ACC3110 Management Accounting II (3 Credits; 5 ECTS) 

Prerequisites: ACC2201 Management Accounting I

This course builds on the basic cost and management concepts to focus more intensively on their use by managers in organizations. This course introduces students to the basic concepts in cost accounting and teaches the student how to measure, analyze, and report financial and no-financial information.  Topics that may be covered include CVP Analysis, Job Costing, Activity Based Costing, Budgeting, Determining how Costs Behave, Decision Making with Relevant Information, and Pricing Decisions.

 

ACC3200 Ethics in Accounting (3 Credits; 5 ECTS )

Prerequisites: ACC2102 Financial Accounting I

The course is designed for students’ understanding of the meaning of ethics; various aspects of moral reasoning and how moral reasoning is used for ethical decision-making; and learning the tools and techniques for analyzing ethical situations and using these tools to make ethical decisions. Specific topics include identification of the stakeholders, development of  corporate codes of conduct, impact of business ethics and corporate codes on corporate governance, the importance of ethics in management accounting, internal auditing and not-for-profit accounting and legal liability issues that accountants face.

ACC3201 Intermediate Financial Accounting I (3 Credits; 5 ECTS)

Prerequisites: ACC3101 Financial Accounting II

This course begins in depth analyses of accounting issues introduced in Financial Accounting. It addresses some of the following topics; the accounting process, financial accounting and reporting, the income statement and statement of retained earnings, the balance sheet and statement of cash flows, revenue recognition and income determination, cash and receivables, inventory valuation and departures from historical cost and estimating inventory cost. 

 

ACC3202 Intermediate Financial Accounting II (3 Credits; 5 ECTS)

Prerequisites: ACC3201 Intermediate Financial Accounting I

This course continues the in depth analysis and development of issues in financial accounting. Among the topics addressed are accounting for capital assets, intangible assets and natural resources; investments; current liabilities and contingencies; bonds (investments and payables) and long term notes payable, leases; accounting for income taxes; shareholders’ equity including contributed capital, retained earnings and dividends; and earnings per share.  

 

ACC3204 International Financial Reporting Standards (3 Credits; 5 ECTS) 

Prerequisites: ACC3202 Intermediate Financial Accounting II

Reporting practices vary significantly throughout the world. Kazakhstan now requires that International Financial Reporting Standards be used in accounting for business transactions. This course bridges the gaps between the Chart of Accounts, GAAP methods and the methods used in International Financial Reporting Standards. Upon completion, the students will be prepared to conduct business in Kazakhstan using past records and current methods. 

 

ACC3205 Principles of Taxation (3 Credits; 5 ECTS) 

Prerequisites: ACC2102 Financial Accounting I

This course provides a survey of tax concepts, structure and policy. Among the topics addressed are; types of taxes and the jurisdictions that use them, tax policy and the standards for a good tax, taxes as transaction costs, income tax planning, taxable income from business operations, property acquisitions, dispositions and cost recovery deductions.

 

ACC3210 Taxation in Kazakhstan (3 Credits; 5 ECTS) 

Prerequisites: ACC2102 Financial Accounting I

This course is a survey of the tax structure including concepts and policies, which shape the law. Emphasis will be on general concepts applicable to all taxpayers and on taxation of individuals. It also covers the taxation of property transactions, accounting periods and methods, corporate formulation and income taxation, and the taxation of partnerships and corporations. 

 

ACC3212 Accounting Information Systems (3 Credits; 5 ECTS) 

Prerequisites: ACC3101 Financial Accounting II and GEN/OPM1300 Information and Communication Technologies or GEN/OPM2301 Business Computer Applications

This course addresses issues of computer based accounting. The course will focus on teaching skills needed to use modern accounting software for effective decision support. Students, through extensive hands-on experience with such software, will acquire the skills necessary to manipulate data efficiently and accurately, to produce useful information. Eventually, the students are expected to develop practical skills to handle common business-related situations. The course includes discussions on the accounting software principles, and concentrates on effective techniques of using software in the business world.

 

ACC3299 Selected Topics in Accounting (3 Credits; 5 ECTS) 

Prerequisites: ACC3202 Intermediate Financial Accounting II

The course examines particular issues in accounting. Topics vary according to the interests of the students and instructors. 

 

ACC4208 Advanced Financial Statement Analysis (3 Credits; 5 ECTS)

Prerequisites: ACC3110 Management Accounting II

The course provides deeper analysis of financial statements with in depth case problems that assess current/past performance, using that to project future performance and enterprise value.

 

ACC4201 Advanced Financial Accounting (3 Credits; 5 ECTS) 

Prerequisites: ACC3202 Intermediate Financial Accounting II

This course builds on the intermediate accounting courses to develop the professional judgment, as well as the more technical skills, needed by students for careers in accounting, auditing or finance. Among the topics addressed are: pooling of interests, consolidated financial statements, inter-corporate investments, factors affecting ownership interests, segmented and interim reporting, accounting for international activities, foreign currency transactions, translating foreign operations, and reporting foreign operations. 

 

ACC4203 Auditing (3 Credits; 5 ECTS)

Prerequisites: ACC3101 Financial Accounting II

The primary emphasis of this course is on the auditor’s decision-making process in both, an audit of financial statements, and an audit of internal control over financial reporting. The course teaches the fundamental concepts and techniques including; determination of the nature and amount of evidence needed by the auditor given the unique circumstances of each engagement, the demands imposed by the need to comply with the U.S. Sarbanes-Oxley Act of 2002 and the internal-control related Section 404, technology, e-commerce, and fraud. 

 

ACC4205 Cost Accounting (3 Credits; 5 ECTS)

Prerequisites: ACC2201 Management Accounting I

Cost accounting measures, analyzes and reports financial and non-financial information relating to the costs of acquiring or using resources in an organization. Cost management refers to the approaches and activities performed by managers to use resources to increase value to customers and to achieve organizational goals. Topics covered in this course will include master budget and responsibility accounting, flexible budgets, direct and overhead cost variance and management control, inventory costing and capacity analysis, pricing decisions and cost management, management control systems, transfer pricing, and performance measurement, compensation and multinational considerations.

 

ACC4209 Principles of Fraud Examination (3 Credits; 5 ECTS)

Prerequisites: ACC3101 Financial Accounting II

The course is intended to provide fundamental and practical knowledge for all students to learn about the global threat of fraud and to prepare for careers in the anti-fraud profession. The students will be able to identify and assess appropriate fraud risk factors by increasing the body of anti-fraud knowledge in the current audit environment, in which the identification of the fraud risk factors by auditors is required by law or standards and emphasized.  The knowledge gained from this course, which regular auditing course do not fully cover due to limited time frame, should be instrumental for the detection and deterrence of fraud in any types of audits.

 

ACC4210 International Accounting (3 Credits; 5 ECTS)

Prerequisites: ACC3101 Financial Accounting II

The objective of this course is to give an overview of the main topics in international accounting and to introduce the international dimensions of financial statement analysis. Students will learn about differences in financial measurement and reporting practices that exist internationally, the reasons for these differences, their resultant financial statement effects and methods that you can employ to cope with such differences. Accounting has frequently been called the ‘language of business’. Understanding the two primary accounting systems commonly used throughout the world and ways in which they differ will increase the students’ fluencies in communicating with business professionals in the US and in a rapidly expanding international context. The international financial reporting standards (IFRS) movement and the implications of reading financial statements based on IFRS is also discussed during the course.

 

ACC4211 Cases in Accounting (3 Credits; 5 ECTS)

Prerequisites: ACC3202 Intermediate Financial Accounting II

This course provides students the opportunity to apply their knowledge and skills to address a series of real life issues that have arisen in organizations. The variety of cases, in terms of issues addressed and different organizational settings, provides the opportunity to accelerate learning in a manner not possible in real-life. Moreover, learning can occur without the adverse consequences of real-life mistakes. Students can expect to develop and apply not only their critical, analytical and decision-making skills but also those of written and oral communication.

 

ACC4216 Professional Auditing (3 Credits; 5 ECTS)

Prerequisites: ACC4203 Auditing

This course extends and upgrades the knowledge obtained in Auditing AC4203 to a professional level, preparing students for entry positions in the international Accounting Firms. The course is designed to enhance students’ knowledge of auditing procedures, auditing standards and other standards related to attest engagements and the skills needed to apply that knowledge to auditing and other attest engagements.

 

ACC4220 Tax Planning (3 Credits; 5 ECTS)

Prerequisites: ACC3210 Taxation in Kazakhstan

Tax planning is an advanced taxation course designed to provide in-depth knowledge of direct tax laws and their impact on decision making. The course encompasses major components of international taxation such as the concept of permanent establishment and the arm’s length principle, which are used for international tax planning schemes. Also it discusses the difference between legitimate tax planning, tax avoidance and tax evasion as well as some tax planning techniques for multinational enterprises. The course provides both theoretical and practical approaches. Moreover with the purpose to illustrate the key concepts learnt case studies and juridical decisions would be used. The course is aimed to prepare the students who are interested in becoming tax practitioners or tax advisers in their future careers.

 

ACC4240 Taxation of Multinational Enterprises (3 Credits; 5 ECTS) 

Prerequisites: ACC3210 Taxation in Kazakhstan or ACC3205 Principles of Taxation

This course will address advanced areas of taxation, with a particular focus on the interpretation and application of tax legislation in the international and comparative perspective. The class will review different areas of relevance to the taxation of multinational enterprises, providing theoretical and practical guidance on how to navigate the complex rules of different jurisdictions while managing tax opportunities and challenges. It will also review the tax attributes of financial statements.

 

ACC4275 Thesis (2 Credits; 4 ECTS)

Prerequisites: completion of the General Education and Program courses

A thesis is a research work on a topic that is in the area of Accounting and Auditing. Students will be supervised by faculty members in the process. Further details on thesis requirements are provided under the KIMEP University regulations on this matter.

 

ACC4277 State Examination (1 Credit; 3 ECTS)

Prerequisites: completion of the General Education and Program courses

Students are required to take the state examination in Accounting and Auditing. Further details on this requirement are provided under the KIMEP University regulations on this matter.

 

ACC4280/ACC4290 State Specialized Examinations (2 credits; 4 ECTS) 

Prerequisites: completion of the General Education and Program courses

Students can take state specialized examinations under certain conditions. Further details on this requirement are provided under the KIMEP University regulations on this matter.

 

ACC4251.2 Internship Program in Accounting II (2 Credits; 2 ECTS)

Prerequisites: BUS4251.1 Internship Program I and 70 credits completed

Familiarization with the organizational structure of the internship host-organization, with the area of its activities; learning mode of operation of the organization; learning the organizational documents of the organization; acquiring the skills of collecting and processing of primary information in the field of management; carrying out a comparative analysis of the organization; identifying gaps and suggesting the ways to improve the development of the organization.

 

ACC4211.2 Cases in Accounting (substitute) (2 Credits; 2 ECTS)

Prerequisites: BUS4251.1 Internship Program I and 70 credits completed

This course provides students the opportunity to apply their knowledge and skills to address a series of real life issues that have arisen in organizations. The variety of cases, in terms of issues addressed and different organizational settings, provides the opportunity to accelerate learning in a manner not possible in real-life. Moreover, learning can occur without the adverse consequences of real-life mistakes. Students can expect to develop and apply not only their critical, analytical and decision-making skills but also those of written and oral communication.

 

ACC4251.3 Internship Program in Accounting III (3 Credits; 5 ECTS)

Prerequisites: ACC4251.2 Internship Program in Accounting II or ACC4211.2 Cases in Accounting

The consolidation and intensification of theoretical knowledge and skills acquired by students through the process of theoretical learning; the formation of professional competence; the familiarization with real industrial, technological, and organizational processes going on at the place of internship; the mastering of the profession’s basics  in the operational sphere: the familiarization with and acquirement of the methodology and technology of professional problem-solving; the collection of the necessary for the preparation and compilation of the internship report materials. Bases of internship are organizations related to careers in Accounting

Scholarship opportunities

There are many opportunities for merit-based scholarships for Kazakhstani and international students.
While studying at KIMEP University, students may also apply for part-time positions available on the University campus.
Contact the Office of Financial Aid, if you would like to apply for scholarship.

Tuition & Fees

Ho Young Lee (3)

Jay Hoyoung Lee, Ph.D.

Dean of the Bang College of Business
Associate Professor of Marketing

More:

Research and Publications:

A Study on Customer Churn Prediction Model for Customer Relationship Management by Life Insurers, Journal of Korean Insurance Academic Society, 2006


Kunsu Park (1)

Kunsu Park, Ph.D.

Assistant Professor

More:
Name Kunsu Park
Position Assistant Professor
Contact detail kunsu.park@kimep.kz

 

Tel: 270-44-40, ext. 2283

Education background Ph.D. in Business Administration, Accounting Emphasis, University of Hawaii at Manoa, USA

M.S. in Finance, University of Texas at Dallas, USA

M.S. in Management and Administrative Sciences, University of Texas at Dallas, USA

M.A. in Economics, Chung-Ang University, South Korea

B.A. in Economics, Chung-Ang University, South Korea

Overview Kunsu Park currently works at the Bang College of Business, KIMEP University. Dr. Park’s diverse background in accounting, economics, finance, management science, mathematics, and statistics, as well as research/teaching experiences in both the USA and South Korea, has built a solid foundation for pursuing his academic career in accounting. He is an enthusiastic researcher with a keen interest in the areas of financial accounting and corporate finance. Financial accounting and corporate
finance are interdependent and inseparable. In keeping with his spirit of curiosity, he would further like to pursue research topics that overlap between these two areas in order to better understand topics that have yet to be explored. He plans on actively presenting his papers at major accounting and finance conferences and getting them published in highly respected journals. More importantly, he will continue to nurture his curiosity and passion for making meaningful contributions to accounting research.
Research Interests ·         Empirical Financial Accounting

·         Theoretical/Empirical Corporate Finance

Selected Publications 1.      Choi, Y. M., K. Park, and W. S. Kim. 2020. Corporate Hedging and Dividend Policy: Evidence from Korea. Finance Research Letter 32, 101086. (SSCI Indexed; IF: 1.709)
2.      Lim, S. H., D. J. Kim, Y. Hur, and K. Park. 2019. An Empirical Study of the Impacts of Perceived Security and Knowledge on Continuous Intention to Use Mobile Fintech Payment Services. International Journal of Human-Computer Interaction 35 (10): 886–898. (SSCI Indexed; IF: 1.905)
3.      Choi, Y. M., and K. Park. 2019. Does Foreign Currency-Denominated Debt Affect Dividend Payout Policy? Evidence from Korea. Journal of Multinational Financial Management 49: 20–34. (SSCI Indexed; IF: 1.283)
4.      Choi, Y. M., and K. Park. 2019. Foreign Ownership, Agency Costs, and Long-Term Firm Growth: Evidence from Korea. Sustainability 11 (6), 1599. (SSCI Indexed; IF: 2.592)
5.      Kim, W. S., K. Park, S. H. Lee, and H. Kim. 2018. R&D Investments and Firm Value: Evidence from China. Sustainability 10 (11), 4133. (SSCI Indexed; IF: 2.592)
6.      Kim, W. S., K. Park, and S. H. Lee. 2018. Corporate Social Responsibility, Ownership Structure, and Firm Value: Evidence from Korea. Sustainability 10 (7), 2497. (SSCI Indexed; IF: 2.592)
Teaching  

Courses Taught:
·         Financial Accounting I
·         Introduction to Financial Accounting
·         Cases in Accounting
·         Financial Reporting and Management Control
·         Financial Statement Analysis
·         Research Methods in Accounting
·         Research Methods in Business Studies
·         Contemporary Accounting Research Methods
·         Critique Analysis of Accounting Research
·         Modern Research Studies in Accounting
·         MBA/MS Thesis in Accounting
·         Foundation of Finance
·         Business Mathematics
·         Business Statistics
·         Principles of Economics
·         Econometrics

Grants · Faculty Research Grant, KIMEP University, 2018/2019
· Travel Grant, University of Hawaii Foundation, University of Hawaii at Manoa, 2014/2015/2016
· Graduate Student Organization (GSO) Grants and Awards, University of Hawaii at Manoa, 2014/2015/2016
Awards · Research Excellence Award, KIMEP University, 2019
· American Accounting Association (AAA) Auditing Section Doctoral Consortium Fellow, 2016
· AAA Financial Accounting and Reporting Section (FARS) Doctoral Consortium Fellow, 2016
· AAA/Deloitte Foundation/J. Michael Cook Doctoral Consortium Fellow, 2015
· Outstanding Teaching Award (course: Principles of Economics), Chung-Ang University, 2006
· Graduate Student Best Paper Award, Department of Economics, Chung-Ang University, 2004
· Outstanding Volunteer Award, Chung-Ang University, 2000


Dr.-Muhammad-Arslan

Muhammad Arslan, Ph.D.

Assistant Professor

More:

Position: Assistant Professor of Finance

Educational Background:

Ph.D. in Accounting and Finance (New Zealand)

MPhil in Accounting and Finance (Pakistan)

Bio:

Dr. Muhammad Arslan joined the Bang College of Business (BCB) as Assistant Professor of Finance. Before joining KIMEP, he worked at Lincoln University and New Zealand tertiary institute(s) where he taught accounting and finance courses. He completed his Ph.D. in Accounting and Finance from Lincoln University, New Zealand. His doctoral thesis explored the institutional determinants of good corporate governance (CG) practices in emerging market(s) and investigated their link with CG compliance and firm performance by using exploratory sequential research design. Dr. Arslan has four years of teaching experience along with industry and administrative experience.

Dr. Arslan has presented his research work at both national and international conferences such as New Zealand Finance Colloquium (NZFC), International Conference of the Journal of International Accounting Research (JIAR), International Corporate Governance Society (ICGS), AOM specialized conference(s), and International Conference of Corporate Governance, Ownership and Control and has published several articles in international peer-reviewed journals. So far, he has authored two book chapters. He is also serving as Editorial Board Member and Reviewer at different journals such as Cogent Economics and Finance, Journal of Financial Economic Policy, Management Decision, Heliyon, and Journal of Family Business Management among others. He can be contacted for student supervision and other research/academic collaborations at m.arslan@kimep.kz

Research Interests:

Corporate Governance

Behavioral Finance

Financial Reporting Quality

Auditing

Corporate Social Responsibility

Teaching:

Principles of Finance

Corporate Finance

International Financial Management

Advance Corporate Finance

Portfolio Management and Behavioral Finance

Advance Financial Management

Quantitative Methods

Grants:

1- Financial support of CAD 1400 was provided by University of Quebec for presenting a paper at the Seventh International Conference of the Journal of International Accounting Research to be held on June 27-29, Saguenay, Quebec, Canada

2- Got NZD 5000 Summer Scholarship 2018 from Lincoln University, New Zealand.

3- Financial support of USD 1000 was provided by Geneen Institute of Bentley University for presenting two papers at the 4th ICGS Annual Conference Navigating Corporate Governance in Emerging Markets in Shanghai, China.

4- Financial support of NZD 2500 was provided by Lincoln University for presenting a paper at the International Conference of Corporate Governance, Ownership, and Control in Rome, Italy.

5-Partial Travel grant was offered by Rikkyo College of Business for attending a workshop on Strategic Management of Workforce Diversity in Tokyo, Japan but not availed.

Awards:

  • Dean’s Award for Exceptional Ph.D. Thesis, Lincoln University New Zealand (2019)
  • Received 2019 Emerald Literati Award “Highly Commended Paper” for the article “Organizational cynicism and employee performance: Moderating role of employee engagement” published in Journal of Global Responsibility


Nurlan Orazalin (3)

Nurlan Orazalin, DBA

Assistant Professor

More:
Name Nurlan S. Orazalin
Position Assistant Professor
Contact detail orazalin@kimep.kz

270-44-40, ext. 2183

Education background
  • Doctor of Business Administration in Accounting, KIMEP University, Kazakhstan
  • Master of Science in Accounting, Texas A&M University, USA

·        Bachelor of Accounting and Auditing, Kazakh State Academy of Management, Kazakhstan

·        Certified Management Accountant, the Institute of Management Accountants, USA

Overview Nurlan S. Orazalin has extensive teaching experience in the areas of accounting and finance. Dr. Orazalin has considerable practical and consulting experience and has worked with a variety of industries, including banking, oil and gas, constructions, communications, and manufacturing. In his current position, Dr. Orazalin teaches courses such as Introduction to Accounting, Managerial Accounting, Advanced Accounting, Financial Reporting and Management Control Systems, International Financial Reporting Standards (IFRS), Auditing, Financial Statement Analysis, Introduction to Finance, Modern Research in Accounting etc. He has DBA in accounting from KIMEP University, Kazakhstan and MS in accounting from Texas A&M University, USA. He is a Certified Management Accountant and a Member of the Institute of Management Accountants of USA, and provides consulting services for domestic and international companies/banks. His research and professional interests are primarily focused on financial reporting, corporate governance, corporate social responsibility, sustainability performance and integrated reporting, and fair value accounting. Dr. Orazalin is the author of several articles in peer- reviewed journals, book chapters, and conference proceedings. He received the best teacher award for outstanding teaching from KIMEP University in 2006 and the Kazakhstani business professor of the year award from the Lawyer, Academics and Consultants of Kazakhstan in 2009.
Research Interests
  • Corporate Governance and Corporate Governance Disclosures
  • Corporate Social Responsibility Reporting
  • Current topics in International Financial Reporting Standards
  • Sustainability Performance and Integrated Reporting
  • Accounting for derivatives and financial instruments
  • Fair Value Accounting
  • The Study of Capital Markets in Emerging Markets in CIS and Central Asia regions.
Selected Publications ·         Orazalin, N. (2018), Working Capital Management and Firm Profitability: Evidence from Emerging Markets, International Journal of Business and Globalisation, accepted, forthcoming (SCOPUS listed)

·         Mahmood, M. and Orazalin, N. (2017), Green governance and sustainability reporting in Kazakhstan’s oil, gas, and mining sector: Evidence from a former USSR emerging economy, Journal of Cleaner Production, Volume 164, pp. 389-397 (SSCI and SCOPUS listed)

·         Orazalin, N., Mahmood M. and Lee, KJ. (2016), Corporate governance, financial crisis, and firm performance: Lessons from top Russian Banks, Corporate Governance: The international journal of business in society, Vol. 16 Issue 5, pp.798 – 814 (ABS and SCOPUS listed)

·      Orazalin, N., Makarov, R. and Ospanova M. (2015), Corporate Governance and Firm Performance in the Oil and Gas Industry of Russia, Journal of Business, Economics and Finance, Volume 4, Issue 4,pp. 710-722

·      Orazalin N., Mahmood, M. and Lee, K.J. (2015), Bank Ownership and Performance: Evidence from Russia in a post crisis period, Journal of Accounting, Finance and Economics, Volume 5, No 1, pp. 46-55 

·         Mahmood, M., Orazalin, N. and Zhakupova, B., (2013), Fostering Creativity and Innovation Through Leadership, International Journal of Strategic Management, Volume 1, 2013, pp. 67-75

·         Bhasin, M., Makarov. R. and Orazalin, N., (2012), The Determinants of Voluntary Disclosure in the Banking Sector of Kazakhstan, International Journal of Contemporary Business Studies, Volume 3, No. 3,  pp. 60-71

·         Absar, N., Orazalin, N. and Mahmood M. (2012), Human capital reporting in emerging economies: A comparative study on the banking industry of Kazakhstan and Bangladesh, Journal of Academy of Business and Economics, Vol. 12, No. 3, pp. 28-36

·         Mailibayeva, Z., Makarov, R. and Orazalin, N. (2012), Financial Reporting Practices in Emerging Economy: Determinants of Cash Flow Reporting Methods in Kazakhstan, Journal of International Business and Economics, Volume 12, Issue 2, pp. 97-105

·         Orazalin, N. and Lee S.H. (2011), Portfolio Diversification Effect in the Capital Market of Kazakhstan: Empirical study based on KASE index, Journal of International Finance Studies, Volume 11, No. 1, pp. 126-132

Book Chapters

  • Makarov, R., Orazalin, N. and Mahmood M. (2014), “Corporate Governance and Voluntary Disclosure: A Study on the Banking Industry of Kazakhstan”, Governance in the new era: Cases and perspectives from top to bottom and left to right, Business Expert Press, New York, 2014.

Conference Papers

  • “Improving Regulatory Framework of Corporate Governance in Kazakhstan: The Role of International Organizations” (with Monowar Mahmood), International Conference: “Contested Global Governance, transformed Global Governors?” 2017, July, Bishkek, Kyrgyzstan
  • “Working Capital Management and Firm Performance: Evidence from Emerging Markets”, KBTU Business School Conference 2017, Kazakh British Technical University, Almaty, Kazakhstan
  • “The Effect of Corporate Governance on Sustainability Reporting”, 13th KIMEP International Research Conference (KIRC 2016). KIMEP. Almaty, Kazakhstan
  • “Corporate Governance and Firm Performance in the Oil and Gas Industry of Russia”, Eurasia Business Research Conference 2014, World Business Institute, Istanbul, Turkey
  • “Bank Ownership and Performance: Evidence from Russia in a post crisis period”, Eurasia Business Research Conference 2014, World Business Institute, Istanbul, Turkey
  • “Human Capital Reporting in Emerging and Developing Economies: Comparative study based on Banking sectors of Bangladesh and Kazakhstan”, IABE Conference 2012, June, Venice, Italy
  • “Financial Reporting Practices in Emerging Economy: Determinants of Cash Flow Reporting Methods in Kazakhstan”, the KIMEP International Conference 2012 (KIRC), KIMEP, Almaty, Kazakhstan
  • “Portfolio Diversification Effect in the Capital Market of Kazakhstan: Empirical study based on KASE index” (with Sang Hoon Lee), IABE Conference 2011, June, Barcelona, Spain
  • “Business Combinations in the CIS – The Role of Individual Agents in Accounting for Control” (with Gavin Kretzschmar and Rashid Makarov), the KIMEP International Conference 2011 (KIRC), KIMEP, Almaty, Kazakhstan
  • “Do Revaluations of Fixed Assets Really Provide Reliable Measurement in Financial Reporting?” 6th KIMEP International Research Conference (KIRC 2009). KIMEP. Almaty, Kazakhstan
  • «Анализ финансового положения хозяйствующего субьекта». XXI век: Бухгалтерский учет и Аудит в Республике Казахстан. Конференция в КазГАУ. Алматы, Казахстан
Teaching Current Courses Taught

 

·         Financial Accounting

·         Management Accounting

·         Selected Topics in Accounting

·         International Financial Reporting Standards

·         Modern Research Studies in Accounting

·         Auditing

Grants  
Awards
  • Best Paper Award, awarded at Eurasia Business Research Conference, 16-18 June 2014, Istanbul Turkey, by World Business Institute
  • Kazakhstani Business Professor of the Year Award, awarded at the 2009 Lawyer, Academics and Consultants Awards. Almaty, Kazakhstan, 2009


Rashid-Makarov1

Rashid Makarov, DBA

Assistant Professor

More:
Name Rashid R. Makarov
Position Assistant Professor of Accounting
Contact detail rashidm@kimep.kz, +7-727-2704440 (ext) 2061
Education background DBA (Accounting), KIMEP, Kazakhstan

MBA (Accounting and finance), KIMEP, Kazakhstan

MSc (Applied mathematics),  Al-Farabi Kazakh State University , Kazakhstan

Overview Despite clear evidence of widespread corporate earnings manipulation, research models have been surprisingly poor at predicting the conditions and variables which give rise to manipulation. Findings suggest the explanatory power of accrual models coefficients is influenced by tail data artifact and hetroscedastisity. My research interests are to revisit accrual models with respect to two adjustments necessary to preserve the integrity of earnings quality models. Firstly, to identify a need for filters that cut-off idiosyncratic observations related to business situations that alter “conditional” relationships among model variables; demonstrate the inadequacy of  data trimming or winsorising which are inadequate to classify data  into homogeneous clusters of business conditions. Secondly, to identify sufficiency of removing idiosyncratic observations to shield against heteroscedasticity; to re-estimate models coefficients, by computing heteroscedasticity consistent variance-covariance matrices, and test if it leads to a decrease in significance of coefficients for all “classical” models; to assess if understanding and proper separation of sample clusters is likely to determine the future of these models usage.

Professor Makarov’s research has been published in Journal of Communication in Statistics, Journal of Business, Economics and Finance, and Journal of International Business and Economics.

Research Interests ·         Value relevance of publicly available information

·         Balanced scorecard impact on performance

·         Income manipulation via accruals

·         Earnings management and earnings quality

·         Quality of discretional accruals

Selected Publications Articles (In English)

·         2015, December. “Journal of Business, Economics and Finance” (Cabell listed) . Article “Corporate Governance and Firm Performance in the Oil and Gas Industry of Russia.”

·         2015, July. “Communications in Statistics – Theory and Methods” (“A” class journal, impact factor 0.298). Article “New invariant and consistent chi-squared type goodness-of-fit tests for multivariate normality and a related comparative simulation study”

·         2013, August. “Journal of International Business and Economics”, Volume 13, No. 2 (Cabell listed, acceptance rate 15%). Article “Social Trust in Central Asia.”

·         2012, December, Asian Forum on Business Education Journal (AFBE), Volume 5, No. 2 (Cabell listed). Article “Goodness-of-fit tests for two-dimensional circular normal probability distribution.”

·         2012, June, “Journal of International Business and Economics”, Volume 12, No. 2 (Cabell listed, acceptance rate 15%). Article “Financial reporting practices in emerging economy: Determinants of cash flow reporting methods in Kazakhstan.”

·         2012, March, “International Journal of Contemporary Business Studies,” Volume 3, no. 3 (Cabell listed, acceptance rate 20%). Article “Determinants of Voluntary Disclosures in the Banking Sector: An Empirical Study.”

Articles (In Russian)

·          25 Feb, 2003, Kazakhstani Journal for Professional Accountants “Accountants’ Files”(“Файл Бухгалтера”), Article “Cost and Management Accounting: Problems and Solutions”

·          11 Mar, 2003, Kazakhstani Journal for Professional Accountants “Accountants’ Files”(“Файл Бухгалтера”), Article “Cost and Management Accounting: Cost Classification”

·         18 Mar, 2003, Kazakhstani Journal for Professional Accountants “Accountants’ Files”(“Файл Бухгалтера”), Article “Cost and Management Accounting: Cost Classification” (cont.)

Book Chapters

·         2015, January. Book chapter “Corporate governance and voluntary disclosure: A study on banking industry of Kazakhstan”, in Cockburn, T. and Wilson, E. (Ed.) “Responsible Governance: International Perspectives for the New Era”, Business Expert Press, New York, USA.

Conference Papers

·         2018, April 13-14, 15th Annual KIMEP International Research Conference (KIRC), Almaty, Kazakhstan. Working paper presentation: “Perceptions of major cities in Russia and Kazakhstan.”

·         2017, 24 November, Conference “Innovations in Kazakhstan’s science and education:

Realities and a look into the future”, Semey, Kazakhstan. Article “Impact of corporate governance on earnings management of Kazakhstani banks”.

·         2015, 25 November. Conference “Silk Road and its impact on Socio-Economic, Historical and Cultural Aspects of Development of Kazakhstan”, Semey, Kazakhstan. Article “Earnings management in agricultural sector of the republic of Kazakhstan”
·         2015, October 17. 3rd Scientific-Applied Conference “Statistics and its applications”, Tashkent, Uzbekistan. Article “Vector-valued tests for multivariate normality”

·         2014, June 11 – 14, 3rd Stochastic Modeling Techniques and Data Analysis International Conference, Lisbon, Portugal. Working paper presentation (published in proceedings) “21st Century’s misusing of the classical Pearson’s sum and power divergence statistics”

·         2014, 16 – 18 June, Eurasia Business Research Conference, Istanbul, Turkey. Best Paper Award for working paper “Corporate Governance and Firm Performance in the Oil and Gas Industry of Russia.”

·         2013, August 5-11, Joint Statistical Meeting 2013, Montreal, Canada. The meeting is held by American Statistical Association. Working paper presentation: “A new invariant and consistent chi-squared type goodness-of-fit test for multivariate normality”.

·         2012, Oct 14-17, IABE-2012 Annual Conference, Las Vegas, USA, Working paper presentation. Title: “Goodness-of-fit tests for two-dimensional circular normal probability distribution.”

·         2012, June 7-9, IABE Conference, Venice, Italy, Paper presentation “Financial Reporting practices in emerging economy: determinants of cash flow reporting methods in Kazakhstan.”

·         2012, April 19-21, 9th Annual KIMEP International Research Conference (KIRC), Almaty, Kazakhstan. Working paper presentation. Title: “Value-Relevance of Financial Reports: Impact of Earnings Manipulation.”

·         2012, April 19-21, 9th Annual KIMEP International Research Conference (KIRC), Almaty, Kazakhstan, Working paper presentation. Title: “Goodness-of-fit tests for two-dimensional circular normal probability distribution.”

·         2011,  Aug 6-10, American Accounting Association Annual Meeting,  Denver, Colorado,

Paper presentation; published in proceedings. Title: “The Application of Cash Flow Reporting Methods in Emerging Economy: Exploratory Study of Financial Reporting Practices in Kazakhstan.”

·         2011, April 27-29, 8th Annual KIMEP International Research Conference (KIRC), Almaty, Kazakhstan. Paper presentation. Title: “Business Combinations in the CIS – The Role of Individual Agents in Accounting for Control.”

Teaching Current Courses Taught

·         Financial Accounting

·         Intermediate Financial Accounting

·         Management Accounting

·         Performance Management

Grants ·         Co-researcher (2015) in “Vector-valued tests for multivariate normality”. The research grant 0760/GF (US$20,000) of the Ministry of Education and Science of the Republic of Kazakhstan. Principal researcher: Dr. Voinov V.G. Jan, 2015- Dec, 2015
·         Co-researcher (2014) in “New invariant and consistent chi-squared type goodness-of-fit tests for multivariate normality and a related comparative simulation study”. The research grant 0760/GF (US$20,000) of the Ministry of Education and Science of the Republic of Kazakhstan. Principal researcher: Dr. Voinov V.G. Jan, 2014- Dec, 2014
Awards ·         Eurasia Business Research Conference. June 2014, Turkey. Best Paper Award for paper “Corporate Governance and Firm Performance in the Oil and Gas Industry of Russia”.


zhanat syzdykov (1)

Zhanat Syzdykov, MPA, Ph.D. Candidate

Assistant Professor on Special Appointment

More:

Zhanat Syzdykov, DBA

Associate Dean of Graduate Programs

Experience:

  • 17 years of teaching experience;
  • 5+ years of industry experience in private sector;
  • 10+ year of consultancy experience

Education:

  • 2011  DBA Student, KIMEP, Almaty, Kazakhstan
  • 2001 Petroleum Accounting Certificate, South Alberta Institute of Tehcnology, Calgary, Canada
  • 1998  Masters Studies in Accounting and Finance, Copenhagen Business School, Copenhagen, Denmark
  • 1996 MPA, KIMEP, Almaty, Kazakhstan
  • 1992 Bachelor in Mathematics, Buketov Karaganda State University, Kazakhstan

Professional Certifications:

  • Diploma in IFRS, ACCA,
  • Certified Auditor of the RK, 2010
  • CIPA, 2011
  • Certified Professional Accountant, 2011

Work experience:

  • 08.2010 – 03.2013; Director of Executive MBA Program, KIMEP, Almaty
  • 01.2010 – 08.2010;  Audit Partner, SAF Audit LLP, Almaty
  • 2005 – 2010; Head of Audit Department/ Audit Manager; KPMG Audit, Astana
  • 2002 – 2003; Vice-President Finance, Logycom JSC, Almaty
  • 2000 – 2002; PwC Kazakhstan; Assistant Manager TLS, Almaty
  • 1996 – 2000; Senior Lecturer, KIMEP, Almaty
  • 1995 – 1997; Audit Staff, Senior Consultant; KPMG, Almaty
  • 1992 – 1994; Senior Specialist, Akimat (City municipality); Kokshetau

Professional Associations:

  • Chamber of Auditor of the RK;
  • Member of the Examinations and Qualification Committee of the Chamber of Auditors;
  • Member of DipIFR Institute, Russia, subsidiary of the ACCA, the UK
  • Independent director at the Board of Directors, SK Leasing JSC; since June 2010

Courses taught:

  • ACC5212 Financial Statements Analysis
  • ACC 5202 Managerial Accounting
  • ACC 5208 International Financial Reporting Standards
  • ACC 5201 Financial Accounting for Managers
  • ACC 5001 Foundation of Accounting
  • ACC 5260 Selected Topics in Accounting: Petroleum Accounting
  • EBA 5206 Accounting and Finance: Theory and Applications
  • EBA 5221 Management Control Systems
  • ACC 4203 Auditing
  • ACC 3299 Oil and Gas Accounting
  • FIN 5001 Foundation of Finance
  • ACC 3101 Financial Accounting II
  • ACC 2102 Financial Accounting I
  • ACC 2101 Financial Accounting

Teaching interest:

Courses taught as above; development and preparation of new courses in line with new MSc in Accounting Program requirements.

Professional Training Experience:

Delivered professional tailor made training:

  • 40-hours seminar International Financial Reporting Standards in 8 major cities of Kazakhstan under the umbrella of the Ministry of Finance of the RK: Kostanay; Karagandy, Shymkent, Taraz, Taldy Korgan, Aktau, Pavlodar, Uralsk.
  • Advanced IFRS Trainings and Tailor made trainings for: KazMunayGas JSC: United Centre for Professional Development; AgipKCO; Mangistaumunaygas JSC; Ulba Metallurgical Plant JSC; Halyk Savings Bank Kazakhstan JSC, BTA Bank JSC, Altel JSC; etc.
  • Financial Management; Petroleum Accounting; Cost Management in Oil & Gas for OzenMunayGas PF; KazMunayGas JSC;
  • Tailor made trainings for selected IFRS/IAS – Agrofirm TNK LLC; BayanSulu JSC; Saryarka Airport JSC; Shymkent Oblast Tax Committee; Kostanay Oblast Regional Department of Finance; MAEK Kazatomprom LLC; PKF Alina, Almaty Oblast Tax Committee and others.
  • Participated in the project for adoption of the International Standards on Auditing in the RK as a part of Chamber of Auditors of the RK project.

Research interests:

  • “Related parties, corporate governance and company performance” in international business arena.
  • Corporate Governance Implications in Developing Countries;
  • Quality of Accounting Information Affecting Investors’ Choice;
  • Impact of Accounting Framework Choice Upon Performance of the Enterprises in Emerging Economies.

Publications:

  • Zhanat Syzdykov, Madi Mashakov, “Exploratory Study of Liquidity and Corporate Governance Association with Firm Performance: Kazakhstan Experience”; AFBE Journal Volume 6, No. 1, June, 2013; ISSN 2071 – 7873
  • Madi Mashakov, Zhanat Syzdykov, “Pension Funds in Kazakhstan”; KIRC 2013, Almaty;
  • Privatization in Kazakhstan; 1996; Civic Education Project; Conference proceedings at Nizhniy Novgorod, Russia;
  • Privatization and the Role of Foreign investor. A Pilot Study of Kazakhstan Experience; in cooperation with Jens Erik Torp; Peter Rekve; CAMAN Journal; January 2000


zhakupova-bibgul

Bibigul Zhakupova, MA, Ph.D. Candidate

Senior Lecturer

More:

Senior Lecturer, from 2017 Doctoral student at KIMEP

Short biography:

Work experience includes working for the State Committee on Financial Control (Senior inspector), BG (British Gas) Kazakhstan (Chief Accountant), Foradex S.A. (Chief Accountant), KIMEP (Senior lecturer).

Education:
MS in Educational Administration and Policy Studies, SUNY Albany, 2009
MA in Economics, KIMEP, 1998
BA in Finance, Karaganda State University, 1993

Courses taught at KIMEP:

Financial Accounting I, Financial Accounting II, Intermediate Financial Accounting I, Intermediate Financial Accounting II, Advanced Financial Accounting I, Advanced Financial Accounting II, Management Accounting I, Management Accounting II.

Research interests:

The relationship between financial incentives and the quality of education at the state and institutional level.

Contact info:

Tel: 270-44-40 Ext: 2062
Office: 313 / Dostyk bld
Email: zbibigul@kimep.kz


Ruslan Safarov Photo

Ruslan Safarov, MSc

Senior Lecturer

More:
Name Ruslan Safarov
Position Senior Lecturer of Accounting
Contact detail r.safarov@kimep.kz ; office phone: 270-44-40, ext. 2251
Education background MSc (International Accounting and Finance), Cass Business School, City University London, UK

BSc (Business Administration and Accounting), KIMEP, Kazakhstan

Certifications Member of Association of Chartered Certified Accountants (ACCA)
Teaching Current Courses Taught

– Professional Auditing

– Intermediate Accounting

– Financial Accounting

Practical Experience Ruslan has seven years of experience in audit and preparation of the financial statements in accordance with the International Financial Reporting Standards. Being part of UK team during 2013-2015 Ruslan was deeply involved into the audit of cross national companies with headquarters based in UK, US and Australia with the UK and US GAAP reporting requirements. On a top of that Ruslan participated in internal audit engagements with subsequent consultation on tax, financial reporting and risk management issues of the companies’ management based in CIS countries and UK.

Ruslan was involved into the audit engagements of clients from various industries including oil&gas, retail, banking and insurance. Key clients in portfolio are as follows:

·        In Kazakhstan: Caspi Meruerty Operating Company B.V., North Company Operating Company, Karachaganak Petroleum B.V., Phystech LLP, JSC SB Alfa Bank Kazakhstan, JSC Generali Life, Philip Morris Kazakhstan LLP, Nestle Food Kazakhstan LLP, Kelun Kazpharm LLP, Sadvik Mining & Construction LLP, Burda Alatau Press, Alsad Kazakhstan LLP

·        In the UK: Corona Energy LLP (UK based, part of Macquarie Group listed on ASE), DST Systems Inc. (UK based, NYSE listed), Danone LTD + Danone Waters LTD (UK based), Galliford Try Plc. (UK based, LSE listed).

Grants – Laureate of “Bolashak” State Scholarship