1. Conduct a literature review on accounting principles and practice for Universities and Colleges. Study the existing accounting for
   • Revenues
   • Expenses/expenditure
   • Transfer
   • Budget
2. Identify the strength and weaknesses of the existing accounting practice of the University.
3. Comment if the accounting practice for universities and colleges in Ethiopia is different from the accounting principles and concepts for universities and colleges in literature.
4. Evaluate the level of understanding of accountants of the university about accounting principles and concepts for universities and colleges.
5. Draw conclusions
6. Forward recommendations, if any