The Department of Accounting and Finance was established with the P.D. 147/90, article 2 (Government Gazette 56A / 10-04-90) based in Thessaloniki. The degrees awarded by the Department of Accounting and Finance are equal and in correspondence, as per the current legislation, with University degrees by Economics or Business Administration departments, by the Accounting department of ASOEE or by other Schools of Industrial Studies (article 6 PD 147/90).

The mission of the Department, according to the founding Government Gazette, article 3, is to “promote and disseminate knowledge through research and teaching in the scientific field of Accounting and Finance and to train top executives who can meet the needs of businesses and organizations of the private and Public Sector”

In 2013, the School of Business Administration (PD 88/90, Government Gazette 129 / 5-6-2013 τ.Α ') is established, which consists of the Department of Business Administration and Management and the Department of Accounting and Finance.