The department of “Finance, Analysis and Accounting” was established on December 30, 1994 in connection with the development of the faculty of “Management and Economics in Construction” of the Kyrgyz Architectural and Construction Institute. Initially the department was called “Accounting and Audit”.
Training of specialists in the profile of “Accounting, analysis and audit” was started in 1992 by the decision of the Academic Council of KSUSTA and in 1996 the first graduation of specialists in the direction of “Economics” with the specialization of “Accounting, analysis and audit” was carried out. The graduation amounted to 28 people. From them 5 graduates with red diplomas were accepted to the magistracy, which after graduation became part of the teachers of the department of “Accounting and Audit”.
In order to strengthen the scientific potential at different times at the department on a part-time basis worked such prominent scientists as Dr. prof. A.A. Arzybaev, Dr. prof. A.A. Osmonaliev, Dr. prof. A.B. Botobekov. An important role in practice-oriented training played a close cooperation with professionals-practitioners: chief accountants and representatives of audit firms, as well as specialists in financial, tax, insurance and banking systems.
The department has accumulated a significant scientific, methodological and pedagogical potential for the training of talented young people. Special attention at the chair is paid to student scientific communities, in which students under the guidance of teachers are engaged in scientific research in the framework of current problems of the department.
In 2001, by decision of the Academic Council of KSUСTA, the educational program “Finance and Credit (in construction)” was opened at the department.
In 2004, the Master's degree in “Finance and Credit” was opened, and in 2018 - the programs “Financial analyst in the investment and construction sphere” and “Accounting, analysis and audit in construction business management”. These programs form a pool of future economist cadres.
In 2022 the department was renamed “Finance, Analysis and Accounting” by the decision of the Academic Council of KSTU n.a. I. Razzakov.
