Accounting

HISTORY OF ACCOUNTING DEPARTMENT:

The faculty of Management Sciences of which the Department of accounting is a component, came out of the erstwhile School of Management and Business Administration, in the Graduate School arrangement. Only the Master of Business Administration (MBA) in accounting programme was run between 1980 and 1984. With the transformation of the Graduate School of Management and Business Administration to the Faculty of Management Sciences, a full fledged Department of accounting emerged. A B.Sc Accounting, Ph.D Accounting and recently, M.Sc Accounting programmes, were added to the MBA accounting programme inherited from the Graduate School. To support the policy of the University to enhance internally generated revenue, the Department also has part-time B.Sc programmes. The B.sc Accounting programme is accredited by the Institute of Chartered Accountants of Nigeria (ICAN). The B.Sc Accounting programme has successfully undergone post-accreditation visitations by ICAN in 1988, 2004 and 2009 and the Department was given full accreditation status in all. The Department boasts of a great number of highly trained and competent accountants contributing to the Nigerian economy and society. Three acting Heads of Department and one Coordinator, namely Dr. D.P.S. Asechemie, Mr. C.O.J. Ebirim, Dr. C. O. Ofurum and Dr. E.A.L Ibanichuka had served as Head of Department between 1984 and 2012.

OUR PROGRAMMES

• B.Sc Accounting
• PGD Accounting
• M.Sc Accounting
• MBA Accounting
• Ph.D Accounting

The Accounting Curriculum is designed to prepare students for positions of leadership, responsibility in industry, government and non-profit organizations. They are so trained to create jobs rather than to be job seekers.
Therefore, the curriculum is designed to cover all the major aspects of business advisory services, management audit, tax planning, computerised accounting system, financial audit, cost analysis, and financial control. All students for the degree of Bachelor of Science (B.Sc) in Accounting are expected to complete and pass the prescribed courses listed in the Faculty Brochure.

COURSES IN B.Sc Accounting

Social System, History and Philosophy of Science, Principles of Economics, Business Mathematics 1 (FC), Business Communication, Nigerian Peoples and Culture, Introduction to Business. Introduction to Logic and Philosophy, Introduction to computer. Communication Skills in English, Introduction to Logic and Philosophy, Introduction to Computer Sciences,

Business Mathematics II, Computer Appreciation, Principles of Economics, Political Analysis. Business Statistics 1, Introduction to Financial Accounting 1, Introduction to Microeconomics, Computer Programme. And Appreciation, Principles of Marketing, Principles of    Finance, Business Statistics II, Introduction to Financial Accounting 1, Intro. To Cost & Management Accounting, Introduction to Microeconomics, Community Service, Company Law, Introduction to Financial Accounting II Business Law, Business Research Management, Principles of Management, Cost Accounting, Money and Banking, Intermediate Accounting, Fundamental of Entrepreneurship, International Accounting, Advance Accounting (Group Acct.), Taxation 1, auditing and Investigation, Introduction to Management Accounting, Production Management, Financial Management, Business Policy, Taxation II, Management Accounting, Auditing and Investigation II, Entrepreneurship Project, Research Project, Executorship Law Bankruptcy & Accounts, Advanced Accounting IV (Acct. Theory), Public Sector Accounting, Accounting/Management Information, Analysis for Business Decision.

COURSES IN PGD Accounting

Business and Environment, Quantitative Methods of Business, Business statistics,  Business Economics, Financial Accounting, Intermediate Marketing, Management Theory, Financial Management, Business Policy, Elective. The elective course is designed to allow some flexibility into the PGD. The student is given a chance to take a second course in his chosen area of business. For example, Accounting PGD students may take as elective, Cost and Management  Accounting.

COURSES IN M.Sc Accounting

Management Accounting, Information System, Advanced Statistics & Quantitative Methods, Business Law, Research Methodology, Advanced Corporate Finance, Quantitative Methods in Accounting (Financial Modeling), Advanced Management Theory, Marketing management and Policy, Company Law, Advanced Auditing and Investigation, Taxation & Public Finance, Advanced Accounting & Theory, Investment Analyses and Portfolio Management, Oil and Gas  Accounting, Research Project.

COURSES IN M.B.A Accounting

Managerial Economics, Managerial Accounting, Information Systems, Advanced statistics    and Methods, Business Law, Advanced Management Theory, Marketing Management, Advanced Corporate Finance, Business Policy, Research Methodology, Oil and Gas Accounting, Financial Modeling, Advanced Auditing and Control, Advanced Taxation, Seminar in Accounting and Project.

COURSES IN Ph.D Accounting
BACKGROUND COURSES

Depending on background, the following courses outside the Ph.D programme may be taken:

• Linear Algebra
• Functions of several variables (calculus)

TOOL COURSES

Courses are recommended for individual candidates depending on background and research interests. They include the following courses.

• Statistical Inference and Analysis of Variance (ANOVA)
• Econometrics
• Advanced Organizational Theory
• Advanced Microeconomic Theory
• Advanced Macroeconomic Theory

CORE COURSES

These are courses very much specific to Accounting. They are intended to provide doctoral students with:

Awareness of the research issues in the different departments of Accounting in the Nigerian environment, and various research methods.

The Core Courses are:

Accounting and Society, Advanced Managerial Accounting, Financial Accounting, Experimental Accounting Research, Non Experimental Accounting Research, Auditing, Taxation.

SPECIAL AREA SEMINARS

A candidate may take only one seminar from the following list;

• Managerial Accounting
• Financial Accounting
• Auditing
• Taxation

CANDIDACY EXAMINATIONS

Candidacy Examinations are to be taken at the end of the semester in which the course work is completed.

DISSERTATION

To be done after passing candidacy examinations. Dissertation is to be based on a research proposal defended before a seven-man committee in the semester following completion of course work and candidacy examination.