The First class graduated in (2000-2001); there are 18 classes of the Bachelor Degree holders of the College up to this moment. , at the beginning applying to the college specified to high school graduates of (scientific, literary and commercial), but now applying to the college specified to high school graduates of the scientific branch through Central Admission System.

In the academic year (2015 - 2016) the name of the department changed from (Accounting Department) to (Financial Accounting and Auditing Department).

Generally, the nature of accounting as related to the daily economic life of the society and it’s clear that accounting is necessary everywhere and every time, proves for this, the being of the accounting department of every governmental small office and a private sector.

Objectives

• Preparing expert and professional cadres in the field of Accounting for serving general and private sectors.
• Paying extra attention to advancing Accounting in the Kurdistan Region in light of scientific activity and scientific research.
• Focusing student attention to finances in Kurdistan in the best possible way in light of scientific activities and scientific research.

The Working Nature of this Department

• Introducing the Accounting philosophy to the students
• Preparing lecturers expert in scientific academic Accounting
• Providing chance for lecturers &students and helping them to progress and capacity building through the scientific researches
• Establishing the main Accounting principles in the fields of Accounting, Commerce, and Finance
• Introducing the modern programs of studying to students and continues scientific training course