Armsoft and Armenian State University of Economics had discussions on current state and issues of education in accounting in Armenia and agreed on the following:

• There is a great demand for specialist with applied knowledge and skills in labor market for accountants in Armenia and the demand has the tendency to grow,
• There is a need to develop educational programs and processes of accounting faculty in more applied direction to meet the demands of labor market.

   Considering the above mentioned the parties decided to co-operate to solve mentioned problems by combining their experience and complement each other’s capabilities to modernize and develop accounting education processes.

   Co-operation includes the following in particular:

• Armsoft assists in conducting lab classes of “Accounting in computers” classes by supplying AS-Accountant 6 software and necessary contributory materials.
• Armsoft organizes 32-hours free trainings of AS-Enterprise system for the best 4th year students of Accounting faculty once a year.