Baze University

Accounting

About the course

Students are invariably attracted to the diverse and rewarding career opportunities that are opened up to those who gain good accountancy qualifications.The programme is designed to provide you with a fast track to an accountancy qualification and offers you the opportunity of a one-year paid work placement in your third year.At Baze you will have the opportunity to pursue a challenging and stimulating combination of applied and academic study of accountancy and finance.Many of our staff are leading international experts in their fields of research and a significant number are qualified accountants with many years of professional experience.An opportunity for a professional placement in your third year will kick start your professional training and provide you with a competitive edge in the employment market. This accredited degree programme provides exemptions from certain examinations of all the major professional bodies in Nigeria.

What you will learn

The course aims:
The BSc (Hons) Accounting provides a thorough academic grounding in the skills and techniques necessary for entry into the accounting profession. The programme incorporates an optional work placement year, and offers professional accreditation. students work on a range of projects, producing a portfolio of completed work which they can refer back to throughout their career. students learning is supported by the use of industry standard facilities. These include high-spec IT suites; this programme includes optional units in the second and third year, enabling students to develop specialisms and improve their career prospects; to enhance the skills of a professional who is already working in one of these industries;

Graduate destinations

Accountant
Accounting Technician
Chartered Accountant
Chartered Certified Accountant
Chartered Management Accountant
Chartered Public Finance Accountant
Company Secretary
Economist

Course Details

Course Structure
Year 1 | Semester 1
Code: GEN103
Lecturer: Mercy Johnson
Unit: 3
Prerequisite: No Prerequisite
Overview:

This module will introduce students to basic mathematical topics useful in their different courses of study.

Aims:

To introduce students to basic mathematical topics useful in their different courses of study at Baze University. Apart from learning the basic statistical tools useful for data collection, they will also gain valuable insight into number system, the concept of sets, laws of indices, solving equations and a wide range of other basic mathematical techniques. In essence, this module is designed to equip students with useful methods of solving and approaching mathematical problems.

Syllabus:

Introduction to Number System, Laws of Indices, General Inequality, Equation Systems, Algebra, Sequences and Series, Trigonometry as well as general overview of Statistics.

Teaching and learning methods:
  • Lectures: Lectures will be used to introduce and explain major ideas and theories and to illustrate their wide-ranging applications. 
  • Interactive lectures will review materials by encouraging their active participation - inviting questions, working through examples, giving short quizzes, discussing case studies, or showing a  video followed by a quiz, etc.
  • Classes: This will encourage students to begin to apply the knowledge gained to real and hypothetical cases and will encourage them also to gain confidence in presenting and defending their own ideas. Classes will usually require them to read some material(s) for discussion, or prepare answers, give some presentations, research a topic, take part in a debate, etc. 
  • Homework: Homework will be assigned regularly. Regular assignments will help them understand the material and they will get feedback.

Intended learning outcomes:

On the  successful completion of this module, students are expected to have developed their skills and have:

  • Ability to read and understand fundamental mathematics.
  • Ability to apply range of concepts in Mathematics or represent and solve problems in Mathematics.
  • Ability to represent and analyse data using the right techniques.


Assessment:
Exams: 60%
Test: 15%
Quiz: 10%
Coursework: 15%
Recommended reading list:
  • Basic College Mathematics by Elayn Matin-Gay, New Jersey, Pearson Prentice Hall.
  • College Mathematics for Business, Economics, Life Sciences & Social Sciences (11th Edition) by Raymond A. Bernet, Michael R, Ziegler, & Karl E. Byleen. New Jersey, Pearson Prence Hall.
  • Algebra & Trigonometry (Sixth Edition) by Michael Sullivan. Prentice Hall, Upper Saddle River, New Jersey 07458.
  • Any other mathematical textbook that covers any of the topics.

Code: GEN105
Lecturer: Rukayyatu Gurin
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
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Code: ACC101
Lecturer: Amadi Gordian Chinonso
Unit: 3
Prerequisite: No Prerequisite
Overview:

A course that would provide basis for neophytes in accountancy profession.

Aims:

To provide students with basic understanding of accounting and financial reporting, introduce them to the concepts in IFRS and how to write up basic financial accounting records and books.

Syllabus:

This course is offered in first semester. It covers the following topics:
1. The Nature and Scope of Accounting: Origin and meaning of accounting. The Functions of Accountants. Accounting Functions and Its Relationship with the Information System of Organizations. Accounting Procedure and Systems.
2. Introduction to Conceptual framework for Financial Accounting. Accounting concepts and conventions including Double Entry Book-keeping Systems & Accruals. From GAAP to IFRS an introduction to IFRS.
3. Accounting process: From books of original entry to trial balance.
4. Bank reconciliation statement.
5. Introduction to correction of errors.
6. Introduction to control accounts & self-balancing ledgers.

Teaching and learning methods:

• Lectures will be used to explain the topics in the syllabus.
• Practical workshop comprising regular class tests and models answers will be emphasised
• Class discussion will also be used to stimulate individual participation and develop communication skills

Intended learning outcomes:

On completion of this course the student should be able to:
• Present the origin of modern day accounting, and differentiate between financial accounting and book-keeping.
• Discuss meaning of financial accounting, its content and quality, and users of its information.
• Discuss basic accounting concepts and conventions.
• Distinguish between GAAP and IFRS and related terminologies.
• Write up books of original entry, principal books of accounts and extract a trial balance.
• Prepare bank reconciliation statement.
• Understand basic principles underlying control accounts and self-balancing ledgers.
• Understand basic correction of errors and suspense account


Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

Ene, E. E. and Ejinwa U. J. (2014): Foundation in Accounting. 1st Edition. Abuja: Shollud Associates.
Frank W. and Alan S. (2012): Business Accounting 1. 12th Edition. London: Pearson Education Limited. (Note: an older edition can be used).
ICAN Study Pack: Foundation Stage
Igben R.O. (2014) Financial Accounting Made Simple (FAMS) Vol 1 4th Edition El-toda Ventures limited
Thomas, A. and Ward, A. M. (2015): Introduction to Financial Accounting, 8th edition, London: McGraw Hill Education. (Note: an older edition can be used).

Code: BUS101
Lecturer: Christiana Obonyilo
Unit: 3
Prerequisite: No Prerequisite
Overview:

  • Understand the evolution of the business organization.
  • Discuss and compare different models and approaches to understanding the firm in the context of the business environment.

Aims:

The course aims to: 

  • Provide a comprehensive introduction to the key elements of the business organization.
  • Build a foundation of knowledge on the different theoretical approaches to business and decision making. 
  • Develop analytical skills to identify the links between the functional areas in business, organizations, management practices and the business environment.

Syllabus:

Types of Businesses and issues affecting business in Nigeria; Leadership, Founders and Climate; Marketing; Human Resource Management; Strategy; Organizational Planning; Supply Chain and Operations Management; and Financial Management.

Teaching and learning methods:

  • Lectures will be used to explain the topics in the syllabus. In some cases, appropriate video will be used to enhance students understanding.
  • Class discussion will be used to enhance individual participation and develop communication skills.

Intended learning outcomes:

Upon successful completion of this course, the student should be able to: 

  • Explore the impact of key environmental factors on decision making and organizational behavior.
  • Evaluate the significance of public policies in business and entrepreneurial activities.

Assessment:
Exams: 70%
Test: 10%
Quiz: %
Coursework: 20%
Recommended reading list:

  • John T., and Courtland B.(2015), Business in Action 7th ed., Pearson Education, Essex.
  • Sandino, T. (2007). Introducing the First Management Control Systems: Evidence from the Retail Sector.  
  • Yukl, G., (1989). Managerial Leadership: A Review of Theory and Research. Journal of Management, Vol. 15.

Code: GEN107
Lecturer: James Daniel
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
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Assessment:
Exams: %
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Code: GEN101
Lecturer: Andrew Bula
Unit: 3
Prerequisite: No Prerequisite
Overview:

NIL

Aims:

NIL

Syllabus:

NIL

Teaching and learning methods:

NIL

Intended learning outcomes:

NIL

Assessment:
Exams: 60%
Test: 15%
Quiz: 10%
Coursework: 15%
Recommended reading list:

NIL

Year 1 | Semester 2
Code: GEN102
Lecturer: Mamman Aliyu
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
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Assessment:
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Code: ACC102
Lecturer: Amadi Gordian Chinonso
Unit: 3
Prerequisite: No Prerequisite
Overview:

A course that would provide further basis for neophytes in financial accounting

Aims: provide students with basic understanding of accounting and financial reporting, introduce them to further accounting related issues like bills of exchange transactions, expose them to basic final accounts of sole traders, manufacturing accounts, and accounts of clubs and societies, and incomplete records and single entries.
Syllabus:

This course is offered in second semester. It covers the following topics:
1. Bills of exchange
2. Final accounts of sole trader
3. End period adjustments in accounts
4. Manufacturing accounts
5. Correction of errors 2
6. Control accounts and self-balancing ledger 2
7. Classification of Expenditure between Capital and Revenue. Accounts of clubs and societies
8. Incomplete Records and Single entry

Teaching and learning methods:
  • Lectures will be used to explain the topics in the syllabus.
  • Practical workshop comprising regular class tests and models answers will be emphasized
  • Class discussion will also be used to stimulate individual participation and develop communication skills

Intended learning outcomes:

On completion of this course the student should be able to:

  • Discuss bills of exchange and write of the books of the drawer and drawee, and explain related transactions.
  • Prepare final accounts in GAAP and IFRS formats
  • Make adjustment entries in final accounts
  • Explain basic items in manufacturing accounts and prepare a manufacturing account.
  • Discuss the contents of accounts of clubs and societies and write up the relevant accounts

Explain incomplete record and single entry. Write up accounts with basic incomplete record issues

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

Ene, E. E. and Ejinwa U. J. (2014): Foundation in Accounting. 1st Edition. Abuja: Shollud Associates.
Frank W. and Alan S. (2012): Business Accounting 1. 12th Edition. London: Pearson Education Limited. (Note: an older edition can be used).
ICAN Study Pack: Foundation Stage
Igben R.O. (2014) Financial Accounting Made Simple (FAMS) Vol. 1 4th Edition El-toda Ventures limited
Thomas, A. and Ward, A. M. (2015): Introduction to Financial Accounting, 8th edition, London: McGraw Hill Education. (Note: an older edition can be used).

Code: COM101
Lecturer: Rislan Abdulazeez
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: GEN108
Lecturer: Mercy Johnson
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
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Code: MTH102
Lecturer: Mmaduabuchi Okpala
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
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Quiz: %
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Code: GEN104
Lecturer: Omojuyigbe Abosede
Unit: 3
Prerequisite: Use of English 1 ,
Overview:

In this module, students will learn to write well structured essays, overcome speech anxiety, work effectively in groups , the art of public speaking and give well structured presentations

Aims:

The aim of the module is to teach students the rudiments of public speaking, team work  and  presentations.

Syllabus:

Reading comprehension, Literary appreciation, Writing skills, Presentation skills, Working in groups for a presentation, Preparing for assessed presentation.

Teaching and learning methods:
  • Lectures will be given through power point presentations to explain the topics contained in the syllabus.
  • Class discussions will also be used to enhance individual participation, self confidence and team work as the students will be required to give presentations fortnightly


Intended learning outcomes:

Students who have taken this module should be able to:

  • Read effectively
  • Write well structured essays
  • Work effectively in a group or team
  • Carry out researches independently
  • Give good presentations


Assessment:
Exams: 60%
Test: 15%
Quiz: 10%
Coursework: 15%
Recommended reading list:
  • Turner, Kathy et al., Essential Academic Skills,[ Oxford University Press,  Oxford ,2011]
  • Kathleen T. McWhorter,  Academic Reading,  [ HarperCollins College Publishers, 1994]
  • Seely, John, Oxford Guide to Effective Reading and Speaking, [ Oxford University Press, Oxford, 2005]

Year 2 | Semester 1
Code: ACC203
Lecturer: Onyilo Francis
Unit: 3
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
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Code: GEN203
Lecturer: Muktar Imam
Unit: 15
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
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Code: GEN201
Lecturer: Shulammite Paul
Unit: 15
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: ACC201
Lecturer: Josephine C. Ene
Unit: 3
Prerequisite: Financial Accounting & Reporting II ,
Overview:

The course builds on financial accounting foundation to broaden student’s perspective on basic issues in Financial Accounting and expose the uniqueness of the theory and practice of partnership accounting and specialized transactions.

Aims:

The course builds on financial accounting foundation to broaden student’s perspective on basic issues in Financial Accounting and expose the uniqueness of the theory and practice of partnership accounting and specialized transactions.

Syllabus:

Depreciation and Disposal of Non-Current Assets, Advanced Control accounts and incomplete records, Introduction to Partnership accounting, Departmental Account, Joint Venture Accounts, Consignment Accounts.

Teaching and learning methods:

  •         Lectures will be used to explain the topics in the syllabus.
  •         Practical workshop comprising regular class tests and models answers will be emphasized.
Class discussion will also be used to stimulate individual participation and develop communication skills

Intended learning outcomes:

On completion of this course, the student should be able to:

  •          Explain the concept of depreciation, its methods of calculation and accounting treatment.
  •          Explain the characteristics of a partnership including mutual agency and unlimited liability
  •          Prepare partnership’s profit or loss appropriation accounts and Capital accounts.
  •          Understand basic principles underlying the techniques required in accounting for specialized transactions.
Distinguish between miscellaneous accounts related terminologies.

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

1.       Wood, F. and Alan S. (2012). Business Accounting 1 (12th ed.). London: Prentice Hall.

2.       Wood, F. and Alan S. (2012). Business Accounting 2 (12th ed.). London: Prentice Hall.

3.       Igben, O.R. (2014). Financial Accounting Made Simple Vol 1. EL-TODA Venture Limited.

4.       Soyede, A. (1983). Financial Accounting (Principles and Practice).London: Graham Burn F & A Publishers Ltd.

        5.  ICAN/ANAN Study Pack.

Code: BUS201
Lecturer: Solomon Peter
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Year 2 | Semester 2
Code: ACC205
Lecturer: Damagun Ya'u
Unit: 3
Prerequisite: No Prerequisite
Overview:

Enshrined in the Accounting discipline are Concepts, Theories Principles and Conventions. Likewise Accounting Practice requires Technical skills dealing with issues like Financial Reporting. This Module is intended to get Students familiarized with Background, Conceptual and Theoretical Frameworks regarding Accounting Practice.

Aims:

The Module is aimed at providing Students with thorough understanding of pattern of Accounting Development, the various Concepts, Conventions and Principles guiding the Practice and treatment of emerging issues such as; Inflation, Human Assets and Currency exchange among others.

Syllabus:

- Historical Evolution of Accounting and Double Entry Principle
- Accounting Concepts, Conventions and Generally Accepted Accounting Principles (GAAPs)
- Theory Development and Theoretical Framework
- Accounting Reporting process and the processes of Measurements and Disclosures
- Users and uses of Accounting Information
- Accounting Regulation and the roles of Professional Bodies, Economic Coorporation, and other International Agencies.

Teaching and learning methods:

- Lecture Sessions are to be used in Teaching the Students the main Rudiments of the Module
- Tutorials and Group discussion Sessions are to be used at intervals to get students involved in technical discussions of various views and lines of arguments applicable to the various issues considered.
- Power Point and Paper Presentations will be used to sustain Student/Lecturer communication

Intended learning outcomes:

On completion of this Module, Students are to be able to;
- Appreciate the roles of various civilizations in the evolution of Accounting
- Demonstrate knowledge of the application of Concepts, Conventions, and Principles in the sustenance of Accounting Practice.
- Understand the role of Theories in promoting the Accounting Discipline and the way and manner theories are formulated
- Demonstrate knowledge of the Process of Accounting Reporting especially in terms of Measurement and Disclosures
- Demonstrate knowledge of the various uses and users of Accounting Information
- Appreciate the need to control and regulate Accounting as well as the difficulties involved.

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

Ahmed Belkaouhi (2010) Accounting Theory, Pearson Learning, London.

Code: ACC204
Lecturer: Aliyu Ishaq Enesi
Unit: 3
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: BUS202
Lecturer: Gado Nuhu
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
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Code: GEN202
Lecturer: Olalekan Sakariyau
Unit: 3
Prerequisite: Entrepreneurship Studies I ,
Overview:

Entrepreneurship II expands on the foundation to this subject which was laid during the module Entrepreneurship I. We examine in detail the entrepreneurial process and Steps in the process of assessing the viability of a new venture which will be illustrated and students will be expected to conduct such a study.

Aims:

The aim of this module is the creation of New Ventures, that is, the ways and means they come into being and the key factors associated with either their success or failure.

Syllabus:

Decision to become an entrepreneur, Developing successful business ideas, Moving from an Idea to an Entrepreneurial firm, Managing and growing an Entrepreneurial firm.

Teaching and learning methods:

The module employs lectures, videos, case discussions and analyses, student field work & presentations and general discussions to engage the student in the material.  Student involvement in class activities play a significant role in the learning process. 

Intended learning outcomes:

At the end of the module student should be able to:

  • Understand the nature of the entrepreneurial process and ways to manage the process
  • Understand the difference between an opportunity and an idea, how to recognize it and how to evaluate it.
  • Describe the purpose of a feasibility analysis and develop a business model
  • Appreciate ethical issues that are intertwined with entrepreneurial activities and develop a framework for managing ethical dilemmas. 
  • Evaluate the nature of creative new business concepts that can be turned into sustainable business ventures.
Assessment:
Exams: 70%
Test: 15%
Quiz: %
Coursework: 15%
Recommended reading list:

Bruce R. Barringer and Duane Ireland. Entrepreneurship- Successfully Launching New Ventures, 5th Ed., Pearson

Code: ACC202
Lecturer: Josephine C. Ene
Unit: 3
Prerequisite: Financial Accounting & Reporting I ,
Overview:

The module examines accounting standards and their applications in various specialized businesses. The student will learn various terminologies used in specialized business and their distinctive processes of preparation and presentation of final accounts.

Aims:

The aim of this module is to critically expose the technicalities involved in accounting treatment of specialized businesses’ financial transactions.

Syllabus:

This course covers areas such as:
Royalty Accounts Container Accounts, Sinking Fund and Annuities, Insurance Accounts, Contract Accounts. Trustee, Estate Agencies, Farmers, Leasing, Hire Purchase, Solicitors, Underwriters, Unit Trust, Voyage, Cooperative Societies, Stock Brokerage, Pension funds and Property companies.

Teaching and learning methods: • Lectures will be used to explain the topics in the syllabus.
• Practical workshop comprising regular class tests
• Class discussion will also be used to stimulate individual participation.
Intended learning outcomes:

On completion of this course the student should be able to:
• Distinguish between Construction contract, Long term contract, Short term contract
• Prepare accounts relating to solicitors, provident funds, voyage/shipment and cooperative societies.
• Prepare the final accounts of Trustee, Estate Agencies, Farmers and solicitors etc.
• Understand the difference between Hire purchase, Finance lease and Operating lease
• Demonstrate the calculations and accounting treatment of Hire purchase and Leasing

 

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

1.       Wood, F. and Alan S. (2012). Business Accounting 2 (12th ed.). London: Prentice Hall.

2.       Igben, O.R. (2014). Financial Accounting Made Simple Vol 2. EL-TODA Venture Limited.

      3.    ICAN/ANAN Study Pack

Year 3 | Semester 1
Code: GEN301
Lecturer: Obianuju Chidiebele Aliche
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: ACC309
Lecturer: Abdulkadir Nasidi
Unit: 3
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: BUS301
Lecturer: Pauline Onyeukwu
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: ACC307
Lecturer: Adamu Garba
Unit: 3
Prerequisite: No Prerequisite
Overview:

Tax and tax administration remains a vital area in individual and business existence as well as national development given the role of taxation as a source of government revenue. In this course students will be taught different types of taxes as well as how they are calculated and presented. Students will also learn the taxation process and how tax is administered.

Aims:

The aim of this course is to teach students computation of tax and preparation tax statements for individuals and businesses.

Syllabus:

Nigerian System of Income Tax Administration: structure and procedures, returns, assessments, appeal, postponement, collection; with reference to all necessary legislations. Distinction between the taxation of income and the taxation of capital. Personal Income Tax: the law and practice of Income tax relating to individuals, exemptions, settlements, trusts, and estates. Partnership assessments, treatments of losses, computation of assessable income; commencement and cessation of trade or business. Company Tax – the principles and scope of Company Tax. The small company provisions including definitions, computations and exemptions.

Teaching and learning methods:

• Lectures and case studies will be used to explain concepts and theories.
• Class discussions and practice sessions will be used to consolidate students’ understanding and promote participation.

Intended learning outcomes:

On completion of this module the student should be able to:
• itemize various types of taxes in Nigeria
• discuss tax administration and agencies responsible
• demonstrate understanding of different tax computations
• apply tax laws to individual and business income
• discuss problems of taxation in Nigeria

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

1. Ejemeyovwi, I.A.K. (2015) Nigerian Taxation: Policy, Principles and Practice. Abuja: Dagya Concepts
2. Bassey, O.U (2013) Personal Income Tax in Nigeria. Lagos: CIBN Press
3. Bassey, O.U (2013) Companies Taxation in Nigeria. Lagos: CIBN Press

Code: ACC301
Lecturer: Josephine C. Ene
Unit: 3
Prerequisite: Financial Accounting & Reporting II ,
Overview: This course is designed to provide students with the required knowledge and ability to prepare, analyse, interpret and report on financial statements of partnership and equip the students with the advance level knowledge that will assist them in solving fairly complex business problem that may involve business combination or conversion.Students will be taught how to prepare home and foreign branch accounts.
Aims: This course aims to explore accounting theory as applied to special problems such as accounting for partnerships, branch accounting and international accounting issues including foreign currency financial statement translation and to bring to cognizance the practical treatment and presentation of financial transactions as regards issues in financial accounting appropriate at this level.
Syllabus: Advanced Partnership accounts: Admission, retirement, dissolution, change of interest, including the treatment of goodwill on admission/retirement. Conversion of partnerships to Limited companies, amalgamation of partnerships. Branch Accounts (Home and Foreign branches). Investment accounting.
Teaching and learning methods:

• Lectures are delivered in the class room with teaching aids such as White board and visual aids
• Practical workshop comprising regular class tests
• Active class participation via working in groups

Intended learning outcomes: On completion of this course, students should be able to:
• Articulate the characteristics of Partnership business
• Understand Partnership Accounting and Changes in Partnership Interests
• Demonstrate an understanding of accounting treatment of goodwill in partnerships;
• Explain the accounting treatments relative to the admission of a new partner, partnership dissolution as well as withdrawal and death of a partner;
• Understand appropriate methods of accounting for branch activities and foreign currency translation.
• Explain the nature of investment accounting
• Distinguish between investment purchased or sold Cum-Div and Ex-Div
Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:
1. Wood, F. and Alan S. (2012). Business Accounting 1 (12th ed.). London: Prentice Hall.
2. Wood, F. and Alan S. (2012). Business Accounting 2 (12th ed.). London: Prentice Hall.
3. Igben, O.R. (2004). Financial Accounting Made Simple Vol 1. EL-TODA Venture Limited.
4. ICAN/ANAN Study Packs
Code: ACC303
Lecturer: Onyilo Francis
Unit: 3
Prerequisite: No Prerequisite
Overview:  A number of emerging issues and practical suggestions on how the intelligent application of public financial management in a democratic setting and proper utilization and accountability of public funds.
Aims:  The aim of this Course is to prepare students in understanding, appreciating and if need be modify the public financial environments that would enable the students build a self-reliant career essential for nation building and to provide our graduates skill and specialization in Public Finance Management.
Syllabus: The Constitutional and Regulatory Framework of Public Sector Accounting
  • Definition, Concepts, Scope, Functions, and the Constitutional, Legislative and Regulatory Context of Government Accounting:
  • Treasury Management in Public Sector:
  • Appropriation Account
  • Financial Warrants and virement procedures.
  • Budget and Budgetary control in Public sector
  • Fiscal Federalism and Revenue jurisdiction in Nigeria
  • Charges to the Consolidated Revenue Fund
  • Preparation of Federation Account, Consolidated Revenue Fund and development Fund.
  • Financial Management Cycle in Federal, States and Local Governments:
  • Nature and types of financial control in government.
  • Ethical Issues in Government Accounting.
  • Interpretation of Government Financial Statements
  • Accounting For Public Sector Organisations, Authorities, Parastatals, Boards, Corporations, Agencies and Tertiary Educational Institutions
  • Financial reporting
  • Pension and gratuity in public sector ( pension act 2014)
  • International Public Sector Accounting Standards Board (IPSASB).
  • Emerging issues in public sector financial management


Teaching and learning methods: Lectures will be used to explain the topics in the syllabus. In some cases, appropriate case study will be used to enhance students understanding.
Class discussion will be used to stimulate individual participation and develop communication skills.


Intended learning outcomes: On completion of this Course the student should be able to:
  • Demonstrate an understanding of process involved in public sector financial management.
  • Propose appropriate methods in ascertaining transparency and accountability of public fund.
  • Appreciate the process involved in operation of public sector accounting.
  • Understand the accounting techniques adopted by public accountant.
  • Appreciate emerging issues on public sector financial management.


Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:
  1. Akpa, A. (2008). Government Accounting And Public Finance Management: Nigerian Concepts And Applications, Ibadan: Spectrum Books Limited.
  2. Anyafo, A.M.O. (2000) Nigerian Public Accounting And Budgeting, Enugu, Gopro Foundation Publishers.
  3. Daniel, G.I. (2007) Public Sector Accounting, Zaria, Abu Press.
  4. Okwoli, A.A (2010) Element of Public Sector Accounting, Go-Go Press, Jos.
  5. Oshisami, K. (1997). Government Accounting and Financial Control, Ibadan: Spectrum Books Limited.
  6. Gurowa, S.U (2016) Public Sector Financial Management in Nigeria; Concept and Application.


Year 3 | Semester 2
Code: ACC306
Lecturer: Onyilo Francis
Unit: 3
Prerequisite: No Prerequisite
Overview: An advanced course in financial accounting which focuses on public limited companies reporting with emphasis on published accounts, group accounts and presentation of accounts in IFRS formats.
Aims: To provide students with understanding of financial reports of public companies in IFRS format and prepare various classes of group accounts.
Syllabus: • Review of accounting concepts and theories
• Review of relevant IFRS provisions regarding financial reporting.
• Published accounts
• Consolidated financial statements, including:
o Statement of Financial Position
o Statement of Income
o Cash Flow Statement
o Notes to the Accounts

Teaching and learning methods:

• Lectures will be used to explain the topics in the syllabus.
• Class discussion will also be used to stimulate individual participation and develop communication skills

Intended learning outcomes: On completion of this course the student should be able to:
• Discuss implications of accounting concepts and their applications in the financial statements.
• Discuss transition from GAAP to IFRS and the implications of IFRS on financial statements.
• Prepare published accounts in both GAAP and IFRS formats.
• Prepare consolidated statement of financial position taking cognizance of applicable adjustments including: fair value, inter-group etc.
• Prepare consolidated statement of profit or loss and other comprehensive income taking cognizance of applicable adjustments including: fair value, inter-group etc.
• Prepare consolidated statement of cash flow taking cognizance of applicable adjustments including: fair value, inter-group etc.
• Prepare relevant notes to accounts.

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

            ICAN (2014): Financial Reporting Study Text, 1st edition, Emile Wolf International. 
Frank W. and Alan S. (2008): Business Accounting. 8th Edition. London: Pearson Education Limited. (Note: an older edition can be used).
Igben R.O. (2014): Financial Accounting Made Simple (FAMS) (Vol 2) 4th edition, El-toda Ventures limited
 


Code: ACC302
Lecturer: Abdulkadir Nasidi
Unit: 3
Prerequisite: Intermediate Financial Accounting ,
Overview:

This course is one of the financial accounting courses that were designed to provide students with the required knowledge and ability to prepare, analyse, interpret andreport on financial statements, understanding and applying international and local accounting standards, theoretical and legal framework in the preparation of financial statements of companies for management use and publication.

Aims:

The aim of this course is to guide students in their acquisition of technical and problem solving skills in the area of corporate internal and external financial reporting as required by professional standard.Students in this course will gain skills in reading, interpreting and applying accounting ratios.

Syllabus:

Company Accounts: Formation, issue and redemption of Shares and debentures, Final accounts, Merger, Amalgamation, Absorption, etc. including Statutory requirements of Company accounts in respect of each area.  Published financial statement. Introduction to interpretation of accounts and financial statement analysis. Cash flow statements. Presentation of Financial statement under IFRS

Teaching and learning methods:



• Lectures will be used to explain the topics in the syllabus.
• Practical workshop comprising regular class tests
• Class discussion will also be used to stimulate individual participation and develop communication skills

Intended learning outcomes:



On completion of this course, students should be able to:
• Distinguish between companies and partnerships;
• Discuss and demonstrate knowledge of theoretical and legal framework in the preparation of financial statements of entities and groups for management use and publication.
• Prepare, analyse, interpret and report on financial statements in providing accounting information for internal and external decision making.
• Appreciate the usefulness of financial analysis, and demonstrate the use of trend, percentages and ratios in the analysis of financial statements;
• Explain the purpose and objectives of cash flow statement, goodwill and disclosures required in financial statements.

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:



1. Wood, F. and Alan S. (2012). Business Accounting 1 (12th ed.). London: Prentice Hall.
2. Wood, F. and Alan S. (2012). Business Accounting 2 (12th ed.). London: Prentice Hall.
3. Igben, O.R. (2004). Financial Accounting Made Simple Vol 2. EL-TODA Venture Limited.
4. ICAN/ANAN Study Packs.

Code: ACC304
Lecturer: Sani Gurowa
Unit: 3
Prerequisite: No Prerequisite
Overview:

To operate efficiently, businesses and organizations of all sizes need to understand how costs are generated and accumulated. In this course students will be taught the different types of costs as well as how they are calculated and presented. Students will also learn how cost information aid decision making in organizations.

Aims:

This course aims at introducing students to the preparation of statements and processing of data used in making managerial decisions in organizations.

Syllabus:

Principles and objectives of Cost Accounting. Preparation and presentation of Cost Accounting information. Material and labour costing. Over-heads. Integrated and uniform cost accounting. Job, contract and batch costing. Process costing including joint and by-products. Marginal costing (break-even and cost-volume profit analysis). Standard costing and budgetary control-variances and Variance analysis: Quantity, Rate, Cost and Efficiency variances. Behavioral aspects of cost accounting. Topical issues in cost accounting.

Teaching and learning methods:

• Lectures and case studies will be used to explain concepts and theories. Where appropriate, videos on costing techniques in industry will be used to enhance students understanding
• Class discussions and practice sessions will be used to consolidate students’ understanding and promote participation.

Intended learning outcomes:

On completion of this module the student should be able to:
• discuss the various users of cost accounting information
• demonstrate understanding of different costing methods
• apply cost accounting concepts in budgeting
• discuss emerging and topical issues in cost accounting

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

1. Lucey, T. (2009) Costing. United Kingdom: Cengage Learning, 7th Edition.
2. Omolehinwa, E.O. (2013) Coping with Cost Accounting. Lagos: Pumark Press, 3rd Edition
3. Drury, C. (2008) Management and Cost Accounting. United Kingdom: Cengage Learning, 7th Edition

Code: GEN300
Lecturer: No Name
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Year 4 | Semester 1
Code: BUS403
Lecturer: Bernard Verr
Unit: 3
Prerequisite: No Prerequisite
Overview: NIL
Aims: NIL
Syllabus: NIL
Teaching and learning methods: NIL
Intended learning outcomes: NIL
Assessment:
Exams: 60%
Test: 15%
Quiz: 10%
Coursework: 15%
Recommended reading list: NIL
Code: ACC403
Lecturer: Igboka John
Unit: 3
Prerequisite: No Prerequisite
Overview:

With the emergence of issues such as globalization, ICT revolution and the increasing role of Multinational Enterprises (MNEs) at the Global Economic Scene, it becomes imperative for Accounting graduates to be conversant with various facets of the International Accounting Environment. In this light, Students offering this Module will be put through; the differences among Accounting Practices in various Countries, the factors responsible as well as  concepts such as; Harmonization and Standardization of Accounting the role of International Financial Reporting Standard (IFRs), Comparative Taxation and the problems of MNEs especially regarding Currency translation, Inflation and the Repatriation of funds

Aims:

The Module is aimed at making students, understand the Accounting dynamics that are emerging towards addressing the challenges posed by global changes in business strategies and the operations of MNEs.

Syllabus:

- Factors accounting for differences in Global Accounting Practice.
- Standardization and Harmonization processes.
- Accounting Classification
- Role of Accounting in National Economic Development
- Currency Translation, Treatment of Inflation, and Problems of MNEs regarding fund transfers, transfer pricing, taxation and general relationship will host governments
- Multinational financial- reporting and interpretation of International Financial Statements

Teaching and learning methods:

Lectures and Tutorial Sessions shall be used to put students through all the conceptual, theoretical and technical issues embedded in the syllabus. PowerPoint presentation and group discussion shall also be used intermittently to enhance the student / lecturer communication process.

Intended learning outcomes:

Upon completion of the Module, Students are expected to be able to;

-          Appreciate the challenges emerging from the global business environment and the effects they have on Accounting Practice

-          Demonstrate knowledge of the way and manner to standardize and harmonize the different Global Accounting Practices

-          Understand the technicalities involved in Accounting for Currency translation, Inflation, Taxation, and Fund transfer among Multinational Firms

-          Understand the technical processes of preparing financial statements by Multinational Firms and the way to interpret such statements

-          Appreciate the role of Accounting in promoting National Economic Development of Nations

Appreciate the problems facing MNEs in areas such as repatriation of funds and corporate social responsibility in general.

Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

1. Nobes C. and Parker R. (2010) Comparative International Accounting, Prentice Hall 10th Edition
2. Elliott B. and Elliott J. (2015). Financial Accounting and Reporting, Pearson Education Ltd, London, UK
3. Choir F.D.S. and Mueller G.G. (2000). International Accounting, Prentice Hall Int. London.

Code: BUS401
Lecturer: Ibrahim Muhammad
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: ACC308
Lecturer: Sani Gurowa
Unit: 3
Prerequisite: No Prerequisite
Overview: A basic course that would provide foundation for further studies on auditing and assurance and forensic accounting.
Aims: To provide students with basic understanding of auditing and a foundation investigation and assurance, and forensic accounting.
Syllabus: 1. The nature, scope and purpose of an audit: Meaning of Auditing, origin and purpose of audit. Classifications of audit: statutory audit, internal audit, external audit etc. CAMA provisions on auditing: reporting responsibilities, appointment, dismissal, resignation.
2. Overview of International Auditing Standards (ISA) as it relates to foundational topics in auditing.
3. The concepts of “true and fair”, “independence of auditor”. Relationship of auditors to directors, shareholders and other financial statements’ users.
4. Audit Planning: Initial review of accounting system, evaluation of internal control system and procedures, development of an audit programme.
5. Audit Evidence: Procedure for collection, assessment of audit evidence etc.
6. Audit procedures: Vouching of accounts, verification of assets, sampling techniques, flow charting, stock taking procedures, letter of representation.
7. The Audit Report: Statutory requirements for audit report (CAMA). Types of Audit Report; Professional requirements, Duties and powers under statue and case law, Independence and ethical considerations.
Teaching and learning methods:

• Lectures will be used to explain the topics in the syllabus.
• Class discussion will also be used to stimulate individual participation and develop communication skills

Intended learning outcomes: On completion of this course the student should be able to:
• Define auditing and explain the essential ingredients in the definition.
• Discuss the origin of auditing and explain the different types of audit.
• Discuss regulatory framework for auditing including the different provisions of CAMA regarding statutory audit in Nigeria and related professional requirements.
• Present the provisions of International Auditing Standards (ISA) as relates foundational topics in auditing.
• Discuss auditors professional ethics and related topics
• Discuss basic concepts in auditing including: True and fair view, materiality, going concern etc.
• Present basic ingredients required in audit planning and control including: accounting system, working papers, internal control system etc.
• Assess the quality of audit evidence as a basis for expression of audit opinion.
• Discuss basic audit procedures with special reference to vouching and verification.
• Present the contents of audit letters and discuss the rationale behind the letters.
• Present audit report, discuss the various types of auditors report.
Assessment:
Exams: 70%
Test: 30%
Quiz: 1%
Coursework: 1%
Recommended reading list:

Cosserat, G. W. and Rodda, N. (2009): Modern Auditing, 3rd edition, Wiley.

Gray, I. and Manson, S. (2011): The Audit Process, 5th edition, Cengage Learning.

ICAN (2014) Principles of Auditing Study Text 1st edition, Emile Wolf International.

Porter, B, Simon, J., and Hatherly, D. (2008): Principles of External Auditing, 3rd edition, Wiley.

Code: PRO401
Lecturer: Ibrahim Muhammad
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: ACC401
Lecturer: Professor Godwin Owoh
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: ACC405
Lecturer: Bernard Verr
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Year 4 | Semester 2
Code: ACC402
Lecturer: Bernard Verr
Unit: 3
Prerequisite: Public Sector Accounting & Finance ,
Overview:

Ethical framework of auditing: International auditing standards, Threats to auditor’s independence; Planning the audit: Audit strategy, Audit planning, Audit planning memorandum; Audit risk identification and assessment; Internal control; Fraud Detection and Prevention;Audit evidence; Sampling; Sampling risk; Audit and investigation in a computerised environment; Forming and reporting audit opinion; Qualified audit opinion; Public sector audit; Value-for-Money Audit; assurance services; Forensic audit/investigation.

Aims:

The aim of this course is to expose the student to Ethical framework of auditing, assurance & Investigation; international auditing standards; public sector auditing; audit planning; audit risk assessment; audit review and reporting.

Syllabus:

Ethical framework of auditing: International auditing standards, Threats to auditor’s independence; Planning the audit: Audit strategy, Audit planning, Audit planning memorandum; Audit risk identification and assessment; Audit procedures for risk assessment; Internal control; Types of internal control; Fraud Detection and Prevention; Audit evidence; Techniques for gathering audit evidence; Sampling; Types of sample; Methods of sample selection; Sampling risk; Audit and investigation in a computerised environment; Controls in computerised environment; Forming and reporting audit opinion; Qualified audit opinion; Public sector audit; Value-for-Money Audit; assurance services; Steps in carrying out an assurance service. Forensic audit/investigation.

Teaching and learning methods:

• Lectures will be used to explain the topics in the syllabus. Appropriate illustrations will be used to demonstrate the topics. In some cases, class exercises will also be used to enhance students understanding.
• Class discussion and practice questions will be used to stimulate individual participation and enhance better understanding.

Intended learning outcomes:

On completion of this course the student should be able to:
• Demonstrate an understanding of Ethical framework of auditing: International auditing standards, and Audit planning.
• Appreciate the importance of audit risk identification and assessment.
• Identify the different types of internal control.
• Demonstrate an understanding of the techniques for gathering audit evidence, the different methods of sample selection.
• Appreciate the peculiarity of controls in computerised environment.
• Design and perform a substantive test to detect material misstatementsexisting in class of transactions, account balances or disclosures.
• Design and perform a test of control to evaluate the operating effectiveness of the internal controls in preventing, or detecting and correcting, material misstatements existing in class of transactions, account balances or disclosures.
• Demonstrate an understanding of the steps in carrying out an assurance service.
 


Assessment:
Exams: 60%
Test: 15%
Quiz: 10%
Coursework: 15%
Recommended reading list:

1. Auditing Today by Emile Woolf
2. Auditing by A H Millichamp

Code: BUS402
Lecturer: Ngozi Ukeje
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: ACC404
Lecturer: Igboka John
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:
Code: PRO401
Lecturer: Ibrahim Muhammad
Unit: 0
Prerequisite: No Prerequisite
Overview:
Aims:
Syllabus:
Teaching and learning methods:
Intended learning outcomes:
Assessment:
Exams: %
Test: %
Quiz: %
Coursework: %
Recommended reading list:

Entry requirements

Home / UTME


SSCE (WAEC, NECO, etc);
JAMB;

Home / Direct Entry


A level / Diploma / IJMB / HND / First degree;
JAMB DE Form;
SSCE (WAEC, NECO, etc);

Home / Direct Transfer


SSCE (WAEC, NECO, etc);
Academic transcript;
Please note: Admission on transfer will only be issued after on campus interview;

Foundation


SSCE (WAEC, NECO, etc);

International (Nigerian)


O' level result;
JAMB;
Please note: You can get a conditional admission if you does not have JAMB, but you must provide it before you progress to 200 level;

International (Foreign)


O' level result;

Staff

S/N Staff Name Rank
1 ABDULKADIR NASIDI Lecturer II
2 BELLO LAWAL Lecturer II
3 BERNARD VERR Senior Lecturer
4 DAMAGUN YA'U Professor
5 EMEKA E. ENE Professor
6 IGBOKA JOHN Lecturer II
7 JOSEPHINE C. ENE Lecturer II
8 ONYILO FRANCIS Lecturer I
9 PROFESSOR GODWIN OWOH Professor
10 PROFESSOR PETER UMOH Professor
11 SANI GUROWA Senior Lecturer