UNIVERSITY OF JOS, JOS – NIGERIA
FACULTY OF MANAGEMENT SCIENCES
DEPARTMENT OF ACCOUNTING
REVISED POSTGRADUATE PROGRAMMES
(a)
Postgraduate Diploma in Accounting (PGDA)
(b)
Master of Science (M.Sc.) in Accounting, and
(c)
Master of Philosophy/Doctor of Philosophy (M.Phil/Ph.D) in
Accounting.
March, 2015
1
UNIVERSITY OF JOS, JOS – NIGERIA
FACULTY OF MANAGEMENT SCIENCES
DEPARTMENT OF ACCOUNTING
REVISED PROGRAMME FOR POSTGRADUATE
DIPLOMA IN ACCOUNTING (PGDA)
2
1.
THE POSTGRADUATE DIPLOMA IN ACCOUNTING (PGDA)
The Department of Accounting shall offer courses leading to the award of a
Postgraduate Diploma in Accounting (PGDA).
Philosophy
The philosophy of PGDA is to reinforce the intellectual capacity of students in
the accounting discipline so as to equip them with adequate knowledge
required for understanding and analyzing basic issues relevant in both the
public and private sectors of the Nigerian economy.
Objectives
The objectives of the Postgraduate Diploma in Accounting of the University of
Jos are to:
(a)
develop the competence of students in the basic accounting concepts
and conventions;
(b)
teach students about the functions of accountants in recording,
classifying, summarizing and analyzing data to assist the process of
decision making in both private and public sectors;
(c)
train non-accounting graduates who are already serving as
accountants in the economy and those wishing to be accountants into
the field of accounting;
(d)
provide intellectual foundation in Accounting for students to enable
them, on graduation, pursue further studies at the professional or
higher degree level, and
(e)
to equip students with the theoretical and conceptual tools for problem
solving in the administration of industrial, commercial, public and other
human organizations.
Entry qualifications
Holders of the following qualifications may be considered for admission into
the PGDA programme of the University:
(a)
First degree of the University of Jos or of any other recognized
university with a pass at not less than Second Class Honours (Lower
Division) in Economics, Business Administration, Marketing,
Mathematics, Computer Science, Statistics or any other field but with
credits in English Language and Mathematics/Statistics at the ‘O’ Level
examinations;
(b)
Bachelor’s Degree in Accounting from any recognized University not
lower than Third Class Honours Division;
(c)
Higher National Diploma at Upper Credit Level in addition to
professional accounting certification.
Duration of the Course
The PGDA programme shall spread over a minimum of two (2) semesters and
a maximum of four (4) semesters.
Mode of Study
The PGDA programme shall be run on full-time basis. The programme shall
consist of course work and a final research project.
3
Examinations
The pass mark for each course is 50%. Candidates shall be assessed by:
(a)
Continuous assessments which shall comprise of written and oral tests,
attendance and participation in class work, paper presentation, and
group works which shall account for 30%; and
(b)
End of semester examinations which shall account for the remaining
70% to make up the maximum score of 100%.
At the end of the programme, candidates failing to make a pass mark in any
subject shall be allowed to re-sit such a paper provided that such failed
papers on the aggregate do not add up to more than 8 credit units.
Candidates failing in more than 8 credit units but not more than 12 credit units
shall be required to repeat the failed courses. Candidates failing in any paper
during the re-sit examination shall be required to repeat the relevant
subject(s). Re-sit examination candidates shall be credited with a maximum
of 50%. There shall be a re-sit examination fee which is subject to review
from time to time.
Candidates failing in more than 12 credit units in each academic year shall be
required to withdraw from the programme.
Credit Load
The required credits to qualify a candidate for the award of the Postgraduate
Diploma in Accounting of the University of Jos is a minimum of 30 and a
maximum of 34.
Fees and Charges
Fees and charges for the PGDA programme shall be guided by the University
of Jos Postgraduate School decision on fees and charges of non-NUC funded
postgraduate diploma programmes.
4
Course Structure
1st Semester
Course Code
Course Title
PGDA 701 Principles of Accounting
“ 702 Principles of Taxation
“ 703 Quantitative Techniques
“ 704 Principles of Micro Economics
“ 705 Principles of Management
“ 706 Auditing Principles and Practice
“ 707 Research Methods
PGDA 708
“
709
Credit Hour
2
2
2
2
2
2
2
14
Electives
Public Finance
Computer Applications in Business
2
2
2nd Semester
PGDA 711
“ 712
“ 713
“ 714
“ 715
“ 716
“ 700
Principles of Finance
Intro to Cost and Management Accounting
Intro to Inter Fin Reporting Standards
Principles of Macro Economics
Business Law
Public Sector Accounting
Research Project
PGDA 717
“ 718
Electives
Small Business Finance
Nigerian Economy
5
2
2
2
2
2
2
4
16
2
2
Course Description
PGDA 701
Principles of Accounting
2 Credits
The aim of this course is to inculcate in the students the understanding of the
principles and concepts of accounting and the ability to prepare accounting records
up to balance sheet level. At the end of the course students are expected to know:
Accounting concepts, history of accounting, the books of original entry, bank
reconciliation statements, ledger accounts, trial balance, correction of errors, trading
account, profit and loss account, the balance sheet, final accounts with adjustments,
manufacturing accounts, accounts of non-trading organizations, and single entry
book keeping.
PGDA 702
Principles of Taxation
2 Credits
The course is designed to provide the students with the understanding of the
Nigerian tax system, at the end of the course students should understand: general
principles of taxation, personal income administration, income tax regulation in
Nigeria, company income tax system, tax reliefs, capital gains tax, petroleum tax,
capital transfer tax, property tax, provision of Industrial Development Act,
computation of the various types of taxes.
PGDA 703
Quantitative Techniques
2 Credits
The nature and objectives of Statistics, frequency distributions, measures of
dispersion, essentials of probability, statistical distribution, basic sampling
techniques, decision theory, index numbers, time series, correlation and regression
analysis, introduction to linear programming, practical in the use of computer in
problem solving.
PGDA 704
Principles of Micro Economics 2 Credits
Economics system and organization, demand and supply, individual consumer
behavior, the utility and indifference curve approaches, market classifications, the
principles of production, the firm and perfect competition, pure monopoly,
monopolistic and oligopolistic competitions, pricing and employment of resources.
PGDA 705
Principles of Management
2 Credits
The course is designed to inculcate in the students the knowledge of organizations,
the various theories of management and organizational behavior. At the end of the
course students should understand: Organization and organizational structure,
management styles, classical organization theory, human relations school,, informal
organization, bureaucracy, politics and administration relations, personal
administration, administrative decision making, control and accountability,
organization of job design, analysis and staffing.
PGDA 706
Auditing Principles and Practice
2 Credits
The aim of this course is to inculcate in the students the understanding of the
essence and objective of an audit and general auditing practice in relation to the
requirements of the various types of organizations within the legal and economic
environment. At the end of the course students are expected to know: definition and
scope of auditing, nature and purpose of auditing, audit planning, audit procedures,
audit report, regulatory and professional requirements, audit policy, and
investigations.
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PGDA 707
Research Methods
2 Credits
The course aims at enabling students acquire and apply statistical skills necessary
for the conduct and evaluation of research problems. At the end of the course
students are expected to understand choice of researchable topics, research design,
writing of proposals, formulation of hypothesis, methods of data collection, statistical
measures of data, and research report writing.
PGDA 708
Public Finance
2 Credits
Federalism and public finance, direct and indirect taxation in Nigeria, operation of
federal and state finance, fiscal system, public debt policy, role of public
corporations, role of central bank, commercial and development banks, the
budgeting cycle and public expenditure control, the budget process.
PGDA 709
Computer Applications in Business 2 Credits
Introduction to basic programming, data types, constant and variables, statement
types, assignment statements, input-output statements, control statements.
PGDA 711
Principles of Finance
2 Credits
It is expected that the course will inculcate in the students the workings of the
Nigerian Financial System, competence to evaluate alternative courses of action,
ability to consider optimum deployment of resources, ability to judge performance
and competence to assess investment possibilities. At the end of the course
students should understand: Nigerian Financial System, financial reports, working
capital management, dividend policy, cost of capital, capital investment appraisal,
valuation of the firm, theory of capital structure, business failures and liquidation, reorganization of businesses, mergers and acquisition, and financing of the small
business.
PGDA 712
Intro to Cost and Magt Accounting
2 Credits
This course is designed to introduce the students to costing principles and
applications of management accounting in both manufacturing and service
industries. At the end of the course students are expected to understand:
differences between cost accounting and financial accounting, costing elements,
costs classification, installation of costing system, store organization and stock
valuation, labour cost control and remuneration schemes, overheads and methods of
cost absorption, pre–planning through break-even analysis, job/batch costing and
contract accounts, service costing, process costing, budgets and budgetary control,
standard costing, variance analysis and performance evaluation and control, and
investment appraisal.
PGDA 713 Intro to International Financial Reporting Standards
2 Credits
Brief history of IFRSs; the financial reporting hierarchy, first-time adoption of IFRS;
IFRS financial statements; Assets and Liabilities; revenue and expenses;
IFRS for SMEs
IFRS for special transactions such as business combinations, leases, government
grants and assistance; etc;
Current and future developments.
7
PGDA 714
Principles of Macro Economics
2 Credits
The emphasis in this course is on the macro, or aggregative aspect of the economy.
Topics include national income account, the determination of the level of aggregate
output, employment and prices, the monetary system, monetary and fiscal policies,
economic growth, and international monetary economics.
PGDA 715
Business Law
2 Credits
The aim of this course is to enable the students understand the basic law relating to
business. At the end of the course students should understand: nature of law of
contract, form of contract, formation of contract, terms of contract, discharge of
contract, remedies, law of a sale of goods, negotiable instruments, hire-purchase,
the various statutory provision of sale, and elements of partnership and company
law.
PGDA 716
Public Sector Accounting
2 Credits
Introduction
to Public Sector
Accounting; - distinction
between Public and Private sectors, basic accounting for notfor profit (NFP), Classification of NFP, basic characteristics of
governmental accounting.
Structure of Governmental Accounting in Nigeria, the Treasury. Audit
Department, Consolidated Revenue Fund, Capital and Development Fund,
Financial Accounting and Analysis - Use of sel f accounting system, fund .
accounting system, · and standardized uniforms for transactions. Decision
making and planning and control of public fund - application of costing
methods, budgeting processes the use of Audit Department, Accounting for Local
Government, Educational and Health institutions.
History of international public sector accounting standards setting; IPSAS; current
and future developments.
PGDA 717
Small Business Finance
2 Credits
This course focuses on the nature and operational character of the small business in
Nigeria in terms of its socio-economic significance, operational procedures and
problems. Topics covered include: the nature of small business, incorporating and
starting a small business in Nigeria, ideal generation for a small business, raising
small business finance and the small scale industries credit scheme, investment
strategies for the small business, production management, marketing and personnel
administration in the small business, ensuring cost effectiveness and greater
productivity, planning for growth in the small business, succession crises, problems
and future of small business in Nigeria.
PGDA 718
Nigerian Economy
2 Credits
The national development plans and their implications for growth and economic
development, the ideological conflicts in economic planning, capitalism, socialism,
mixed economy, international trade and bilateralism, economic cooperation in West
Africa, major economic infrastructures, the Nigerian capital and money markets,
economics of housing and urban development, the problems of growth and
investment opportunities in Nigeria, indigenization, study of selected industries and
public corporations, the policies of oil and OPEC, the agricultural development
programmes, functions and accomplishments of Nigerian cooperatives, land tenure
and the impact on agricultural development, manpower development, shortages and
implications, the supply and demand situation in Nigeria.
8
PGDA 500
Research Project
2 Credit
The course is compulsory. Students are expected to individually conduct a research
on the topic of their choice in the area of accounting under the supervision of an
assigned academic staff in the department.
Facilities
S/No
Description
1
Internet/Computer Lab (Faculty Wide)
2
Departmental Postgraduate Research Centre
3
Digital Projector
4
Public Address System
5
Class Room (100-Seater)
6
Digital Photocopier
7
Faculty Library/e-resources
S/N
Staff List
Name
1
A. A. Okwoli
2.
3.
Qualification
Rank
Research interest
B.Sc (1983)
MBA (1986)
Ph.D (2000)
AMNIM (1989)
CNA (2000)
Professor
Finance,
Public
Sector Accounting &
Financial Accounting
J. O. M. Ande B.Sc Acct (1979)
(Mrs.)
MSc. Accounting &
Finance (1985)
Ph.D (Accounting
2003)
MNIM 1993
CNA 2000
Professor
Management
Information Systems,
Auditing
and
Managerial
Accounting
F. Ojaide
M.Sc Econs (1986)
Ph.D Econs (1994)
ACA (1982)
FCA (1989)
ACTI
Professor
Management
Accounting
Taxation
BSc Mgt Studies
(1987)
MBA (1991),
Ph.D (2006)
ACA (1996) License
to Practice (ICAN)
1997
ACTI (2004)
Professor
E. B. Ekoja
4.
Quantity
2
1
2
1
1
1
1
9
and
International Business
& Finance
5.
T. M.
(Mrs)
Nmadu B.Sc Bus Admin Professor
(1979)
MPA (1985)
Ph.D (2006)
6.
S. S. Maimako
B.Sc Mgt Studies Professor
(1987)
MBA 1991, Ph.D
2006, ACA
TQM,
Accounting,
and Auditing
7.
S. A. Ocholi
B.Sc Mgt Studies Professor
(1981)
MBA (1984)
Ph.D (2008)
Personnel
Mgt,
Industrial Relations,
Comparative
Mgt,
Entrepreneurship
8.
P. E. Arinze
BBA (1975)
M.Sc (1978)
Ph.D (1985)
Reader
Public
Finance,
Managerial
Economics.
9.
E. S. Echu
B.Sc Econs (1983)
MBA (1987)
Senior
Lecturer
10
H. Bulus
Senior
Lecturer
11
K. O. Oladele
12
I. Othman
M.Sc
Statistics
(1995)
Ph.D
Statistics
(2006)
B.Sc.
Accounting
1989;
M.Sc.
Accounting
and
Finance 2003; MBA
2004, Ph.D 2013,
CDS, 2013; MDS
2014, ACA, AMNIM
B.Sc Mathematics
MSc Mathematic
MBA
Management,
Marketing Research,
Business Analysis
Research
Method,
Quantitative
Technique, Statistics
13
M. Ogenyi
14
S. L. Jim
Suleiman
15
U. V.Jatau
16
E. Egegwu
17
B. V. Gonji
BSc Accounting
MSc Economics
MBA, ACA
BSc Accounting
MBA, PhD, ACA
Senior
Lecturer
Research Methods,
Quantitative
Techniques, Cost &
Mgt Accounting;
Lecturer I
Mathematics,
Statistics,
Quantitative
Technique,
Production Mgt
Taxation
Economics
Lecturer I
Lecturer I
BSc Accounting
Lecturer I
MBA
BSc Accounting
Lecturer I
MSc
Accounting,
ACA
BSc Accounting
Lecturer II
MBA
10
HRM, Mgt theory, and
Strategic Mgt
and
and
Taxation,
Auditing,
International
Accounting
MIS,
International
Accounting
Financial Accounting,
Financial
Management, IFRS
International
Accounting, Cost and
Management
18
O. Moses
19
S. Nyahas
BSc Accounting
Lecturer II
MSc
Accounting,
CNA
BSc Accounting
Lecturer II
MSc
Accounting,
ACA
11
Accounting
Financial
Management,
MIS,
Financial Accounting
International
Accounting, Oil and
Gas Accounting
2.
MASTER OF SCIENCE (ACCOUNTING) DEGREE PROGRAMME:
The Department of Accounting shall offer courses leading to the award of a
Master of Science (M.Sc.) degree in Accounting and Finance.
Philosophy
The philosophy of the M.Sc. programme of the University of Jos is to provide
graduate education and training in accounting which develops and deepens
the spirit of enquiry and responsibility in the students, so as to take on
research, teaching and administrative responsibilities in the public and private
sectors of the national and global economies.
To this end, the Department of Accounting teaches modern techniques and
conducts functional researches to advance, impart and sustain knowledge
and applications in financial reporting and analysis, management controls,
and finance and investments.
The Department ignites critical thinking in the students and provides extensive
theoretical and practical skills required in order to function effectively and
competitively as financial controllers, financial auditors, tax consultants,
financial analysts and bank managers. As the global financial challenges
expand, the Department nurtures intellectualism that provides a balance
among competing quality parameters of strategic financing planning.
Objective
The basic objective of the M.Sc. in Accounting and Finance degree
programme is to develop in the students’ sound knowledge and skills in the
area of accounting and finance so as to provide high-level manpower for
financial institutions, accounting firms, management consulting, tax
consulting, industry, insurance, banking, stock broking, government and
academia. The programme strives to provide a blend between technical skills
on one hand, and in-depth theoretical knowledge on the other hand, so as to
achieve an overall functional knowledge base.
Specifically, the M.Sc. programme is designed to:
(a)
inculcate the requisite intellectual/conceptual foundations that will
permit meaningful participation in the discussion or resolution of the
problems which confront the accounting discipline in the contemporary
world;
(b)
encourage research into problems which impede the maximum
contribution of accounting to national development and well being of
the people;
(c)
develop skill in logical reasoning and critical analysis and improve the
capacity of students in formulating sound accounting policies and
strategies.
Entry Qualifications
Holders of the following qualification may be considered for admission into the
M.Sc (Accounting and Finance) programme of the University.
(a)
First Degree in Accounting of the University of Jos or of any other
recognized university with pass at not less than Second Class Honours
(Lower Division).
12
(b)
(c)
First Degree in Management Studies (Accounting major) of the
University of Jos or of any other recognized university with a pass at
not less than Second Class Honours (lower Division).
Postgraduate Diploma in Accounting of the University of Jos or of any
other recognized university with a minimum aggregate score of 60%.
Duration of the Course
The M.Sc. (Accounting) shall be run over a minimum of four (4) semesters and a
maximum of six (6) semesters.
Mode of Study
The M.Sc. (Accounting) Degree programme shall be run on full- time basis. The
programme shall consist of course work and dissertation.
Examination
The pass mark for each course is 50%. Candidates shall be assessed by:
(a)
Continuous assessments which shall comprise written and oral tests,
attendance and participation in class work, paper presentation, and group
works which shall account for 30%.
(b)
End of semester examinations which shall account for 70% to make up the
maximum score of 100%.
At the end of the first academic year, candidates failing to make a pass mark in any
subject shall be allowed to re-sit such a paper provided that such failed papers on
the aggregate do not add up to more than 8 credit units. Candidates failing in more
than 8 credit units but not more than 12 credit units shall be required to repeat the
failed courses. Candidates failing in any paper during the re-sit examination shall be
required to repeat the relevant subject(s). Re-sit examination candidates shall be
credited with a maximum score of 50%.There shall be a re-sit examination fee which
is subject to review from time to time.
Candidates failing in more than 12 credit units in each academic year shall be
required to withdraw from the programme.
Credit Load
The required credit units to qualify a candidate for the award of the Master of
Science (Accounting) of the University of Jos are a minimum of 38 and a maximum
of 48.
Fees and Charges
Fees and charges for the M.Sc (Accounting) programme shall be guided by the
University of Jos Postgraduate School decision on fees and charges of NUC funded
professional master’s programme.
13
Course Structure
Course Code
ACC 801
“
802
“
803
“
804
“
805
1ST SEMESTER
Course Title
Financial Accounting Theory
Management Accounting Theory
Auditing Theory
Corporate Finance
Research Methods
ACC 806
“
807
Electives
Portfolio Theory and Investment Analysis
Management Theory and Practice
ACC
“
“
“
“
2ND SEMESTER
Management Information Systems
International Accounting
Public Sector Accounting
Taxation Theory and Practice
Economic Theory
811
812
813
814
815
Credit Hour
2
2
2
3
2
11
ACC 816
ACC 817
ACC 818
Electives
Business Policy and Strategic Management
International Business Finance
Management of Financial Institutions
ACC
“
“
“
“
3RD SEMESTER
Oil and Gas Accounting
Forensic Accounting and Investigation
International Financial Reporting Standards
Ethics and Corporate Governance
M.Sc. Seminar
821
822
823
824
825
2
2
2
2
2
2
3
11
2
2
2
2
2
2
2
2
10
ACC 826
“
827
“
828
Electives
Mining Accounting
Public Finance
Environmental Accounting
2
2
2
ACC 800
4TH SEMESTER
Dissertation
6
14
Detailed Course Descriptions
ACC 801
Financial Accounting Theory
(2 Credits)
This course is designed to introduce the students to theories of financial accounting.
At the end of the course the students should have learnt theories surrounding most
accounting practices. Areas of to cover include a review of basic accounting
procedures, including the rationale of financial accounting and the economic
foundations of accounting generally, elements of the history of accounting, working
papers and interpretations of financial statements, including the analysis of working
capital and statements of the cash flows, generally accepted accounting principles
and net income concepts, including the valuation of stock and work-in-progress, the
theory and techniques relating to balance sheet categories including cash, debtors,
stock, investments, tangible and intangible non-current assets, liabilities and
reserves, elements of the impact of price-level changes on financial statements.
ACC 802
Management Accounting Theory
(2 Credits)
This course is designed to introduce the students to theories of management
accounting. Areas covered include advanced treatments of: nature, scope and
purpose of costing, theory of costing, elements of costing, material, labour and
overhead (in outline only), cost allocation, apportionment, methods of costing,
marginal costing, cost ascertainment, cost/volume/profit analysis, break-even
analysis, standard costing, profit contribution, mix and yield variances, interpretation
of variances and their relationships.
ACC 803
Auditing theory
(2 Credits)
Advanced principles in external and internal auditing; practices and techniques,
principles and practices of internal control, the auditor’s report, audit programme,
international auditing standards, and professional ethics.
ACC 804
Corporate Finance
(3 Credits)
Theory and measurement of business income, finance and growth-investment
selection, business valuation, financial planning and budgeting, capital structure,
sources of finance, gearing, cost of capital, financial criteria, new issue market and
role of institutions, international comparisons.
ACC 805
Research Methods
(2 Credits)
At the end of the course students are expected to understand: choice of
researchable topics, writing of proposals, research design, formulation of hypothesis,
methods of data collection, statistical and other measures of data, and research
report writing. Research in Nigeria, ethics in management of research, business and
social responsibility in research, research presentations, guest lectures.
ACC 806
Portfolio Theory and Investment Analysis
(2 Credit)
Evaluation of securities, efficiency and technical analysis, ratio analysis, profit
planning, definitions of capital projects, capital budgeting techniques, application of
linear programming in capital projects, feasibility studies, project conceptualization,
design, markets, technical economic analysis.
ACC 807
Management Theory and Practice
(2 Credits)
Conventional and modern conceptions of management, definitions and dynamics of
management theory, levels and features of theory in management, applications and
relevance of theory in the Nigeria context, organizational design and outline
15
managing of group processes, problems of integration and control, managing
change and development, modern issues in management theory.
ACC 811
Management Information Systems
(2 Credits)
This course is aimed at inculcating in the students the ability to grasp the
fundamentals, organization and uses of management information system in modern
organizations. At the end of the course students should be able to understand:
elements of mechanical and electronic computing, types of computers and their
applications, computer programming using BASIC, COBOL and FORTRAN, manual
and mechanized data processing systems, systems analysis and design, evaluation
and administration of MIS with emphasis on computer based systems, meaning of
information technology and its application in business finance and management.
ACC 812
International Accounting
(2 Credits)
The course is designed to aid students in understanding accounting and financial
problems of international organizations and their control. At the end of the course
students should understand multi-national companies, accounting and control
problems of foreign companies, and practical accounts of multi-national foreign
companies.
Foreign exchange market, interest rates and exchange rates,
international investment decisions, currency risks, cost of capital for foreign
investment, financing foreign operations, mergers, divestiture, financial and political
risk, dividend policy and capital flight.
ACC 813
Public Sector Accounting
(2 Credits)
The course is aimed at inculcating in the students the knowledge of the acquisition,
allocation, and control of public funds, theory and practice of financial accounting in
the public sector and problem of financial management in the public sector, areas to
cover includes: Basis of government accounting methods, statutory laws of financial
administration, budgets and budgeting, financial warrant, development planning,
privatization and commercialization, sources of finance, financial control organs,
books of accounts, pensions and gratuities, government Parastatals, auditing
practice in government, federation account, fund accounting, government accounting
theory and practical appropriation accounts, accounting process, treasury control
accounts, ministry accounts, consolidation process.
History and membership of International Federation of Accountants (IFAC),
International Public Sector Accounting Standards (IPSAS), the need for
convergence.
ACC 814
Taxation Theory and Practice
(2 Credits)
The principle, practice and theory of the Nigerian system of income tax, corporation
tax, capital gains tax and VAT. Tax theories and optimal taxation, computation and
assessments in relation to individuals, partnerships and limited companies,
procedures and practice relating to claims and appeals, Nigerian taxation in relation
to foreign taxation.
ACC 815
Economic Theory
(3 Credits)
The details are still being developed with assistance from the Department of
Economics.
ACC 816
Business policy and strategic management (2 Credits)
The nature and dynamics of business policy, the strategy concept, missions and
objectives. The strategic planning process, stakeholders, management, techniques
16
for strategic appraisal, SWOT, industry and competitive analysis, portfolio analysis,
development of strategic options, turn around and recovery strategies, mergers,
acquisitions and divestment.
ACC 817
International Business Finance
(2 Credits)
The risks of doing business overseas, tools available to minimize those risks, foreign
exchange risks, political risk, working capital management, long-term investments,
financial and accounting control and management control.
ACC 818
Management of Financial Institutions
(2 Credits)
A survey of the structure and operation of the market for medium and long-term
securities, nature, types, sources and uses of term securities as well as the nature,
objectives, structure, functions and practices of institutions such as the stock
exchange, acceptance houses, trusts, investment banks, insurance companies, and
international financial institutions. Economics and legal aspects of the capital market,
analysis of interest rates, cost of capital, pricing securities, risk and dividend policies,
and their implications for investment decision and income.
ACC 821
Oil and Gas Accounting
(2 Credits)
Nigeria oil and gas industry; oil and gas accounting methods in historic
perspective; successful efforts and full cost; accounting for revenue
from oil and gas; oil and gas contracts; analysis of oil and gas
companies’ financial statements.
Gas pipeline accounting; Oil and gas tax accounting.
ACC 822
Forensic Accounting and Investigation (2 Credits)
Financial crimes, evidence gathering, net worth theory and solutions, expenditure
theory and solutions, scenario case, accounting and audit techniques, fraud
prevention, money laundering, banking and finance, audit programmes, computer
crimes, fraud examiner, case review, use of Web CAAT for forensic investigation.
ACC 823
International Financial Reporting Standards (2 Credits)
Brief history of IFRSs; the financial reporting hierarchy, first-time adoption of IFRS;
IFRS financial statements; Assets and Liabilities; revenue and expenses; IFRS for
SMEs IFRS for special transactions such as business combinations, leases,
government grants and assistance; etc; Current and future developments.
ACC 824
Ethics and Corporate Governance
(2 Credits)
This course deals with specialized knowledge of elements of systems of corporate
governance, their impact, applications and interdependencies. It covers: Meaning of
corporate governance; code of corporate governance; issues of corporate
governance; specific code of governance issued relating to specialized sectors in
Nigeria, such as financial institutions, capital market etc; case study; Corporate
Governance and the Theory of the Firm, The Board of Directors, The rationale for
and impact of Best Practice Codes for Corporate Governance, Investors and
Corporate Governance, Insider Ownership and Corporate Performance, Executive
and Board Remuneration Decisions, The Market for Corporate Control: theory and
evidence, Corporate Governance and Corporate Finance: capital structure and
investment decisions, International aspects of corporate governance
Code of ethics for professional accountants issued by International Ethics Standards
Board of Accountants (IESBA)
17
ACC 825
M.Sc. Seminar
(2 Credits)
Each student is expected to present two seminar papers at the department. The
seminar shall relate to an examination of current issues in accounting.
ACC 826
Mining Accounting
(2 Credits)
History of the Nigerian extractive industry; the extractive industry, preproduction and
reserve recognition; preparation of financial statements of extractive industries; IFRS
6: Exploration for and evaluation of mineral resources. Capital investment appraisal
of mineral development; cost of capital and the consideration of taxation and
inflation; options and their applicability to the extractive industry. Taxation of the
mineral sector; mineral taxation method; fiscal policy and its implication for mineral
taxation; mineral taxation regimes; Minerals and economic development;
international best practice mineral policy and development; mineral development and
the environment; Nigerian Minerals and Mining Act, 2007.
ACC 827
Public Finance
(2 Credits)
The nature and scope of public finance, comparative models of financial
management, profit maximization, welfare maximization, value for money and
accountability models, objectives and functions of government, organization of
government for financial management, the functions and responsibilities of the Chief
Executive and Accounting Officer, the Accountant-General, the Revenue Collector,
the Board of Survey, the Board of Inquiry, the Treasury Cash Officer/SubAccountant, the Store Officer etc. Finance and supplies, principles of revenue
sharing in a federal system with Nigeria as case study, sources of revenue and their
relative importance, the politics of revenue allocation in Nigeria, the allocated and
unallocated stores system, the rationale for one establishment of allocated stores,
the Nigerian public debt and its management, funded and unfunded methods of debt
payments and provision for debt repayment.
ACC 828
Environmental Accounting
(2 Credits)
Cost and control processes of the effects of productive activities on the environment,
social responsibilities of organizations, social responsibility accounting.
ACC 800
Dissertation
(6 Credits)
This course deals with creating the student’s ability to conduct sound and
independent theoretical and empirical research in accounting. It is a compulsory
course and each student is required to conduct individual research on a topic of
his/her research interest under the supervision of an assigned lecturer in the
department. The choice of a topic must meet the following criteria: New, Interesting,
Researchable, Replicable and Defendable. A research proposal must be defended
at the Faculty by each student before the actual conduct of the research. The
completed dissertation shall be submitted at the end of the fourth semester of the
programme. To qualify for the award of the degree, the dissertation must be
successfully defended before an appointed external examiner.
18
Facilities
S/No
Description
1
Internet/Computer Lab (Faculty Wide)
2
Departmental Postgraduate Research Centre
3
Digital Projector
4
Public Address System
5
Class Room (100 Seater)
6
Digital Photocopier
7
Faculty Library/e-resources
Quantity
2
1
2
1
1
1
1
S/N
Staff List
Name
1
A. A. Okwoli
2.
J. O. M. Ande B.Sc Acct (1979)
(Mrs.)
MSc. Accounting &
Finance (1985)
Ph.D (Accounting
2003)
MNIM 1993
CNA 2000
Professor Management
Information Systems,
Auditing
and
Managerial Accounting
3.
F. Ojaide
M.Sc Econs (1986)
Ph.D Econs (1994)
ACA (1982)
FCA (1989)
ACTI
Professor Management
Accounting
Taxation
BSc Mgt Studies
(1987)
MBA (1991),
Ph.D (2006)
ACA (1996) License
to Practice (ICAN)
1997
ACTI (2004)
Professor
E. B. Ekoja
4.
5.
T. M.
(Mrs)
6.
S. S. Maimako
Qualification
Rank
Research interest
B.Sc (1983)
MBA (1986)
Ph.D (2000)
AMNIM (1989)
CNA (2000)
Professor Finance, Public Sector
Accounting & Financial
Accounting
International
& Finance
and
Business
Nmadu B.Sc Bus Admin Professor HRM, Mgt theory, and
(1979)
Strategic Mgt
MPA (1985)
Ph.D (2006)
B.Sc
Mgt
Studies Professor TQM, Accounting, and
19
(1987)
MBA 1991
Ph.D 2006 ACA
Auditing
7.
S. A. Ocholi
B.Sc Mgt Studies Professor Personnel
Mgt,
(1981)
Industrial
Relations,
MBA (1984)
Comparative
Mgt,
Ph.D (2008)
Entrepreneurship
8.
P. E. Arinze
BBA (1975)
M.Sc (1978)
Ph.D (1985)
Reader
Public
Finance,
Managerial Economics.
9.
E. S. Echu
B.Sc Econs (1983)
MBA (1987)
Senior
Lecturer
10
H. Bulus
Senior
Lecturer
11
K. O. Oladele
12
I. Othman
13
M. Ogenyi
14
S. L. Jim
Suleiman
M.Sc
Statistics
(1995)
Ph.D
Statistics
(2006)
B.Sc.
Accounting
1989;
M.Sc.
Accounting
and
Finance 2003; MBA
2004, Ph.D 2013,
CDS, 2013; MDS
2014, ACA, AMNIM
B.Sc Mathematics
MSc Mathematic
MBA
BSc Accounting
MSc Economics
MBA
BSc Accounting
MBA, PhD, ACA
Management,
Marketing
Research,
Business Analysis
Research
Method,
Quantitative Technique,
Statistics
15
U. V.Jatau
16
E. Egegwu
Senior
Lecturer
Research
Methods,
Quantitative
Techniques, Cost &
Mgt Accounting;
Lecturer
1
Mathematics, Statistics,
Quantitative Technique,
and Production Mgt
Taxation
and
Economics
Lecturer
1
Lecturer I Taxation,
Auditing,
International
Accounting
BSc Accounting
Lecturer I MIS,
International
MBA
Accounting
BSc Accounting
Lecturer I Financial Accounting,
MSc
Accounting,
Financial Management,
ACA
IFRS
20
3.
MASTER OF PHILOSOPHY/DOCTOR OF PHILOSOPHY (M Phil/Ph.D)
DEGREE PROGRAMME IN ACCOUNTING
Introduction
The Department of Accounting offers courses leading to the award of a Doctor
of Philosophy (Ph.D.) Degree in Accounting. Candidates who wish to pursue
the programme leading to the award of Ph.D must first apply for and be
admitted onto the M.Phil/Ph.D programme. Candidates on the M.Phil level
are upgraded to full Ph.D status after successfully completing course work
and presenting an acceptable proposal at the faculty level.
Philosophy
Accounting research is essentially empirical-archival, analytic or behavioral.
The department therefore provides the requisite intellectual base for the
promotion of high level learning that ensures quality and functional knowledge
for teaching, research, and writing. The department encourages the creation
of new research ideas that contribute to existing knowledge in a variety of
areas in accounting.
Objective
The objective of the Ph.D. in Accounting degree programme is to provide
doctoral students with a comprehensive and integrated knowledge on
technical, research, publication and teaching capabilities in the area of
accounting. It is designed to provide specialist education and training for
researchers in tertiary institutions as well as for high level business managers.
It provides general familiarity with critical knowledge of the various segments
in the accounting discipline so that the doctoral graduate can impart his or her
knowledge to others as colleagues, subordinates or students.
Entry Qualifications
Holders of the following may be considered for admission onto the
M.Phil/Ph.D (Accounting) programme of the University:
M.Sc (Accounting) of the University of Jos or of any other recognized
university with a pass at not less than an average of 60% or a weighted
score average (WSA) of 3.5 on a 5 point scale.
Mode of Study
The M.Phil/Ph.D (Accounting) degree programme shall be run on both fulltime and part-time bases. The programme shall consist of a course work and
a thesis which must be defended to the satisfaction of an appointed external
examiner. Candidates are required to present three seminars before
graduation – a research programme seminar after one year of study, a
seminar for upgrading from M.Phil to full Ph.D status and a seminar for the
final report at both departmental and faculty levels. As part of the
development of candidate’s communication skills and the training in the
presentation of research findings, all candidates may be required to teach one
or more undergraduate or postgraduate course(s) during the programme.
A breakdown of the work load is as follows:
(a)
A minimum of 24 credit units of course work and 12 credit units of
Thesis is required. This makes a total of 36 credit units as minimum.
(b)
The maximum credit units shall be 42.
21
(c)
A Ph.D. Student from other recognized University may be allowed a
credit transfer of not more than 18 credit units passed at the
M.Phil/Ph.D., course work level in addition to a minimum of 60% or a
weighted score average (WSA) of 3.5 on a 5 point scale at the Masters
Degree level.
Duration of the Course
The duration of the M.Phil/Ph.D. (Accounting) programme is broken down as
follows:
Full Time
A minimum of six (6) semesters and a maximum of ten (10) semesters.
Part-Time
A minimum of ten (10) semesters and a maximum of twelve (12) semesters.
Extensions
Request for extensions require a special approval of the School of
Postgraduate Studies Board.
Withdrawal
A candidate may be required to withdraw from the M.Phil/Ph.D programme at
any time if he or she does not display proven ability to benefit from research
at that level.
Examination
This is guided by the University of Jos Postgraduate School guidelines on
Ph.D examinations in force from year to year.
Fees and Charges
Fees and charges for the M.Phil/Ph.D (Accounting and Finance) programme
shall be guided by the University of Jos Postgraduate school decision on fees
and charges of NUC funded professional M.Phil/Ph.D programmes.
Course Structure
Course Code
ACC 901
“
902
“
903
“
904
“
905
“
906
ACC 907
CES 902
1ST SEMESTER
Course Title
Credit Hour
History of Accounting Thought
3
Advanced Financial Accounting Theory 3
Advanced Management Theory
3
Advanced Research Methodology
3
Advanced Auditing Theory
3
Advanced Management Accounting Theory
3
18
Electives
Advanced IT Applications
3
Seminar in Entrepreneurship
0
22
2ND SEMESTER
ACC 911
912
913
914
915
“
916
ACC
ACC
PGY
ICT
910
917
903
904
ACC 900
Contemporary Issues in Accounting
Advanced Theory of Corporate Finance 3
Contemporary Issues in Finance
3
Advanced Portfolio Theory & Management
Environmental Accounting
3
Ph.D. Seminar
18
Electives
Public Sector Accounting
3
Strategic Management
3
Pedagogy
0
Information and Communication Technology 0
3RD - 6TH SEMESTERS
Thesis
3
3
3
12
Detailed Course Descriptions
ACC 901
History of Accounting Thought
(3 Credits)
The nature and scope of accounting and its evolution, the accounting function and its
relationship with the information systems of organization, accounting procedures and
systems, source documents, books of original entry and books of accounts, double
entry bookkeeping systems, the trial balance, accruals, prepayments and
adjustments, provisions and reserves, classification of expenditure between capital
and revenue, methods of recording accounting data in manual and mechanical form,
manufacturing and trading accounts, accounting treatment of control accounts and
bank reconciliation.
ACC 902
Advanced Financial Accounting Theory
(3 Credits)
Further work on advanced company accounts including the accounts of banks and
insurance companies, and the relevant acts, valuation of goodwill and company
shares, divisible profits and company dividends, royalty and hire-purchase accounts,
consolidated and other group accounts, elements of mechanized accounting,
including the application of computers and related systems to business accounts,
governmental, municipal and public utility accounting, with reference to Nigerian
organizations, seminars on accounting systems, including business, governmental,
municipal, and public utility accounting systems.
ACC 903
Advanced Management Theory (3 Credits)
Conventional and modern conceptions of management, definition and dynamics of
management theory, levels and feature of theory in management, applications and
relevance of theory in Nigerian context, organizational design and outline managing
group processes, problems in integration & control, managing change &
development, modern issues in management theory.
ACC 904
Advanced Research Methodology
(3 Credits)
Introduction to research methodology, research in social sciences, research in
physical and natural sciences, problems of research in developing countries,
common errors in research, research in practice such as problem identification,
23
literature review, materials and methods (methodology), results (data analysis),
discussions, summary, conclusions and recommendations, report writing.
ACC 905
Advanced Auditing Theory
(3 Credits)
Evaluation of auditing procedures with particular reference to internal control
systems, internal audit functions, sampling and statistical techniques, international
standards of auditing, post audit review, audit of accounts of solicitors, charitable and
non-trading organizations.
ACC 906
Advanced Management Accounting Theory (3 Credits)
This course aims at introducing students to the advanced theories and practice of
management accounting in the decision making process.
ACC 907
Advanced IT Applications
(3 Credits)
Computer simulation, modeling, management information systems, job shop
scheduling, inventory and queuing systems and management games with examples
from business, health, public and education administration.
CES 902
Seminar in Entrepreneurship
(3 Credits)
Students will gain a well-developed understanding of business enterprises and
entrepreneurial thinking that drives them in a dynamic, competitive, regional, national
and global economy. Students will learn to apply entrepreneurial practices (e.g.
using case analysis) to organizations of varying sizes. An integral component,
futures studies, shall an introduction into thinking about the future, the foundation of
the field, its methodologies, link to planning, decision-making, strategy and public
policy, the relationship between core competences and key success factors.
ACC 910
Public Sector Accounting
(3 Credits)
Basic accounting for non-profit organization, basic characteristics of government
accounting, structure of governmental accounting in Nigeria, the treasury, audit
department, consolidated revenue fund, capital and development fund, planning,
programming and budgeting system (PPBS), international public sector accounting
standards.
ACC 911
Contemporary Issues in Accounting (3 Credits)
Discussion and articulation of recent developments in the accounting literature.
ACC 912
Advanced Theory of Corporate Finance
(3 Credits)
The principles and procedures underlying financial statements, financial
transactions, alternative accounting statements, tools of analysis of ratios and other
quantitative measures, accounting information useful for managerial action,
application of information in decision situations, project appraisal, analysis of
investment projects, the impact of risk, tax and inflation, the term structure of interest
rates, the cost of capital and target rate of return, capital markets – efficiency, role of
intermediaries, sources of finance, the borrowing decision and company valuation
and optimal portfolio allocation, capital structure – optimal capital structure of firms,
mergers and acquisition and the market for corporate control, gearing, the basis of
hedging and international finance.
ACC 913
Contemporary Issues in Finance
(3 Credits)
This is a seminar to address emerging issues in theoretical and empirical literature in
finance.
24
ACC 914
Advanced Portfolio Theory & Management
(3
Credits)
This course provides an advanced treatment of investment portfolio theories,
computer enhanced models used to provide instruction in capital asset portfolio
management and technique, advanced treatment of diversification theories &
applications in asset selection, analysis & management, and risk management.
ACC 915
Environmental Accounting
(3 Credits)
Cost and control processes of the effects of productive activities on the environment,
social responsibilities of organizations, social responsibility accounting.
ACC 914
Ph.D. Seminar
(3 Credits)
The Ph.D. seminar is divided into two parts: seminar on contemporary accounting
topics, and teaching seminar.
Seminar on Contemporary Accounting Topics (also called the Ph.D. Lyceum)
This is an introductory seminar that connects Ph.D. students with a variety of faculty
members. Each accounting faculty introduces his/her research and teaching
interests to the doctoral students. For each accounting faculty, students are required
to discuss a wide range of readings relating to research and teaching expectations of
an accounting educator, as well as the integration of research and teaching.
Subsequently, each student is expected to present two seminar papers at the
department. The seminar shall relate to an examination of current issues in
accounting.
Teaching Seminar
It is a compulsory requirement for all Ph.D. students to teach one (1) course per
semester during the one (1) year of course work. However, teaching staff of
University of Jos are exempted from this seminar. Similarly, Ph.D. students with
university teaching experience may be exempted from this seminar depending on
departmental need. The essence is to develop and sharpen the Ph.D. students’
teaching skills with the ultimate objective of turning them into proven accounting
educators.
ACC 917
Strategic Management
(3 Credits)
The nature and dynamics of business policy, the strategy concept, missions and
objectives. The strategic planning process, stakeholders, management, techniques
for strategic appraisal, SWOT, industry and competitive analysis, portfolio analysis,
development of strategic options, turn around and recovery strategies, mergers,
acquisitions and divestment.
ACC 900
Thesis
(12 Credits)
A Ph.D. student is expected to produce a sound thesis proposal under the guidance
of his/her supervisor. The thesis proposal must comprehensively deal with
introduction, literature review, and expected methodology. When the supervisor is
satisfied with the student’s progress, the supervisor will present the student at the
faculty to propose his or her research. If the proposal is successfully defended, the
student then advances to Ph.D. candidacy. If the student did not show evidence of
scholarship and failed in the proposal defense, he/she will not advance to Ph.D.
candidacy and will be awarded an M.Phil. in Accounting.
25
When the final thesis of a Ph.D. candidate obtains the approval of the supervisor, the
candidate is presented to the faculty to defend his/her entire research before an
appointed internal examiner. If the candidate successfully defended the thesis at the
internal defense, he/she must also successfully defend the thesis before an
appointed external examiner to qualify for the award of the degree. The style and
format of the thesis is as advised from time to time by the Postgraduate School.
Facilities
S/No
Description
1
Internet/Computer Lab (Faculty Wide)
2
Departmental Postgraduate Research Centre
3
Digital Projector
4
Public Address System
5
Class Room (100 Seater)
6
Digital Photocopier
7
Faculty Library/e-resources
S/N
Staff List
Name
1
A. A. Okwoli
2.
3.
Qualification
Rank
Quantity
2
1
2
1
1
1
1
Research interest
B.Sc (1983)
MBA (1986)
Ph.D (2000)
AMNIM (1989)
CNA (2000)
J. O. M. Ande B.Sc Acct (1979)
(Mrs.)
MSc. Accounting &
Finance (1985)
Ph.D (Accounting
2003)
MNIM 1993
CNA 2000
Professor Finance, Public Sector
Accounting & Financial
Accounting
F. Ojaide
Professor Management
Accounting
Taxation
M.Sc Econs (1986)
Ph.D Econs (1994)
ACA (1982)
FCA (1989)
ACTI
4.
E. B. Ekoja
5.
T. M.
(Mrs)
Professor Management
Information Systems,
Auditing
and
Managerial Accounting
and
BSc Mgt Studies
International Business
(1987)
Professor & Finance
MBA (1991),
Ph.D (2006)
ACA (1996) License
to Practice (ICAN)
1997
ACTI (2004)
Nmadu B.Sc Bus Admin
HRM, Mgt theory, and
(1979)
Professor Strategic Mgt
26
MPA (1985)
Ph.D (2006)
B.Sc Mgt Studies
TQM, Accounting, and
(1987)
Professor Auditing
MBA 1991
Ph.D 2006, ACA
6.
S. S. Maimako
7.
S. A. Ocholi
B.Sc Mgt Studies Professor Personnel
Mgt,
(1981)
Industrial
Relations,
MBA (1984)
Comparative
Mgt,
Ph.D (2008)
Entrepreneurship
8.
P. E. Arinze
9.
H. Bulus
10
K. O. Oladele
BBA (1975)
M.Sc (1978)
Ph.D (1985)
M.Sc
Statistics
(1995)
Ph.D
Statistics
(2006)
B.Sc.
Accounting
1989;
M.Sc.
Accounting
and
Finance 2003; MBA
2004, Ph.D 2013,
CDS, 2013; MDS
2014
27
Reader
Public
Finance,
Managerial Economics.
Senior
Lecturer
Research
Method,
Quantitative Technique,
Statistics
Senior
Lecturer
Research
Methods,
Quantitative
Techniques, Cost &
Mgt Accounting;