Reforming Accounting Education in a Transition Economy : A Case Study of Armenia

This paper describes and summarizes the accounting education segment of the USAID Accounting Reform project in Armenia. After a brief introduction that discusses the history and culture of Armenia, the paper goes into a discussion of the major aspects of accounting education reform. Education reform included replacing the accounting curriculum of all the major universities and institutions in Armenia as well as training existing certified accountants and auditors and enterprise accountants. Accounting training was provided for other groups as well. There is also some discussion of the new certification model, which closely parallels the ACCA model, and some of the implementation problems that arose during the course of the reforms