• Kalambaina Industrial Layout Wammako LGA Sokoto State, Nigeria
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B.Sc. Accounting

HomeBsc AccountingB.Sc. Accounting

About The Program

The Accounting program offers a variety of specialized subjects, such as Financial Accounting, Management Accounting, Auditing and Investigation, Audit and Assurance Services, Taxation, Public Sector Accounting, Financial Management, Cost Accounting and Oil and Gas Accounting. These specialized areas are critical for the successful operation of companies across a wide range of industries. Accounting professionals help firms make informed financial decisions, maximize earnings, effectively manage risks, and gain a competitive advantage in their markets.

Build a solid foundation in accounting principles, including financial and managerial accounting.

Learn more about strategic financial management and corporate finance to better match accounting processes with business objectives.

Through advanced electives and seminars, become an expert in fields such as internal controls, taxation, and auditing. With the help and resources provided by our curriculum, get ready for industry certifications such as CPA (Certified Public Accountant) and CMA (Certified Management Accountant).

 

The basic principle of the Accounting Degree Curriculum is to produce a steady supply of accounting graduates who possess the required attitudes, ethics, and professional abilities to advance the frontiers of accounting practice both locally and worldwide.

After completing the B.Sc. degree program in Accounting, graduates receive the requisite exemptions from Professional Accounting authorities in Nigeria and abroad, such as, The Institute of Chartered Accountants of Nigeria (ICAN), Association of National Accountants of Nigeria (ANAN) and Association of Chartered Certified Accountant (ACCA).

 

The objective of the Department, is to become a globally recognized department and institution that provides excellent undergraduate and graduate accounting education. Our goal is to train students to become leaders and innovators in the business by offering them a top-notch and easily accessible education.

At Northwest University, Sokoto, and Department of Accounting in particular, we are committed to providing real-world, affordable, and flexible learning opportunities that raise the standard of accounting education for all ages. We also pledge to uphold Northwest University’s values and the National Policy on Education in order to ensure that our graduates possess the most up-to-date information and abilities necessary to thrive in the digital era.

Aim

The Department of Accounting’s primary goals are to develop high-level accounting personnel, to push the boundaries of accounting knowledge through research and publication, and to improve the quality of professional accounting in Nigeria and elsewhere. Thus, the department’s programme is established with the following goals:

  1. To broaden the scope of accounting application by fostering interest in the subject and providing necessary leadership in research and experimentation in all fields of accounting.
  2. The requirement for a broad foundation in many areas of economics, finance, and management so that the accountant will regard himself as a part of the organizational team whose cooperation is necessary to achieve predetermined organizational goals.
  3. Promoting interactions between employees and students and accounting professionals in order to instill in them the values, moral principles, and professional competence that they need

Employment Skills

Accounting professionals can find a variety of opportunities in Nigeria, as well as in many other countries. However, due to the fierce competition in the labor market, a quality accounting degree, while important, may not be sufficient to secure employment. Employers are increasingly searching for candidates who can demonstrate a diverse set of employable skills, including effective communication, teamwork, organizational and managerial abilities, critical thinking, leadership, technology proficiency, and self-management. The courses in this program are intended to foster and strengthen the acquisition of these skills among program alumni.

B.sc Acounting emphasizes a wide range of 21st century abilities, this include amongst others, creativity, media literacy, information literacy, adaptability, empathy, problem-solving, teamwork, global awareness, innovation, and critical thinking.

  1. Candidates must have obtained at least five credits in the following subjects: English Language, Mathematics, Economics, and two more topics related to social science at SSCE, GCE, NECO, NABTEB, or its equivalents.
  2. The candidate must possess at least one of the following qualifications in order to be admitted to the 200 level. A-level Credit in Economics, Mathematics, and any other social sciences subject
    • OND in Accounting or Financial Studies or Business Studies of approved Polytechnic or Colleges of Technology with at least Upper Credit,
    • ICAN ATSWA (Final Level)
    • Foundation pass of recognized professional bodies such as ICAN, ACCA, CIMA, CIBN, CIA, CIS and
    • Diploma certificates from any other approved programmes from the Administration & Management Sciences (Particularly Accounting, Business Administration, Economics and Banking & Finance) of any recognised University (Lower Credit may be considered.

The goals of the learning objectives and outcomes are to give students the ability to think critically, communicate effectively, work in a team, understand technology, be ethical and socially responsible, and use technology.

After completing this program successfully, the student will be qualified to:

  1. Describe the fundamental ideas and methods of key accounting subjects, such as managerial accounting, taxation, auditing, financial accounting and reporting, and accounting information systems.
  2. Analyze and prepare financial statements in accordance with IPSAS and IFRS guidelines as well as statements from the Financial Reporting Council of Nigeria.

iii. Prepare budgets, assess management control systems, and offer assistance in making cost-management and other managerial decisions.

  1. Determine the level of risk, analyze accounting processes, and suggest suitable internal controls.
  2. Organize data, boost productivity, and assist in management decision-making by using accounting software.
  3. Compile basic tax returns; analyze and explain how fundamental tax laws affect individuals, corporations, and partnerships.

vii. Compile a report on the performance, financial situation, and managerial efficacy. Conduct fundamental assessments of financial systems and statements.

viii. Exhibit competencies pertinent to the accounting field, such as proficient oral and written communication and teamwork skills.

  1. Recognize moral conundrums in accounting practice and devise suitable solutions that take into account the requirements and well-being of society at large as well as the needs of the community within the confines of the professional community.
  2. Take part in professional and academic development programs and broaden your awareness of the opportunities available in the accounting field.

The program’s notable features include:

  1. Integrating theoretical principles with real-world applications to improve practical abilities and prepare for professional roles.
  2. A curriculum designed to keep up with current accounting rules, industry trends, and developing technologies.
  3. Focus on acquiring skills that are directly applicable to the needs of the accounting profession, such as financial analysis, auditing, and tax compliance.
  4. A major emphasis on ethical considerations and developing a sense of professional responsibility.
  5. The use of contemporary accounting software and technologies to guarantee that graduates are tech-savvy.
  6. Introducing students to worldwide accounting standards and procedures in order to get them ready for jobs around the world.
  7. Providing opportunities for students to do accounting research, advancing the discipline both academically and professionally.
  8. Possibilities for networking events, workshops, and internships to further students’ professional growth and industry relationships.
  9. Offer elective courses or concentrations to cater to students’ individual accounting interests.
  10. Emphasize collaborative learning, cooperation, and communication skills for the accounting profession.

For a B.Sc. Accounting degree to be awarded, 132 credit units are required. When a student satisfies the requirements, they will be eligible to get a degree. A minimum of fifteen credit units must be taken each semester. In order to establish the class of degree to be conferred, a student’s cumulative grade point average (CGPA) must be calculated. This involves taking into account all of the course grades, whether required or elective, and whether the student passed or failed. Grades received in each and every attempt at a course, even if a student retakes it more than once before passing it or substitutes a different course for an unsuccessful optional course, will be taken into account when calculating the GPA.

Program Courses: 123 credits

100 Level

Course Code TitleUnit
GST 111

Communication in English Language

2 Credits

GST 112

Nigerian Peoples and Culture

2 Credits

AMS 101

Principles of Management

2 Credits

AMS 102

Basic Mathematics

2 Credits

AMS 103

Introduction to Computing

2 Credits

AMS 104

Principles of Project Management

2 Credits

ACC 101

Introduction to Financial Accounting I

3 Credits

ACC 102

Introduction to Financial Accounting II

3 Credits

NWUS-ACC 104

Principles of Islamic Accounting

3 Credits

NWUS-ACC 105

Introduction to Finance

3 Credits

NWUS-ACC 106

Islamic Financial System

3 Credits

Course Code TitleUnit
GST 212

Philosophy, Logic, and Human Existence

2 Credits

ENT 211

Entrepreneurship and Innovation

2 Credits

ACC 201

Financial Accounting I 

3 Credits

ACC 202

Financial Accounting II

3 Credits

ACC 203

Corporate Governance & Accounting Ethics

3 Credits

ACC 204

Cost Accounting

3 Credits

ACC 206

Accounting Laboratory

3 Credits

NWUS-ACC 207

Business Law

2 Credits

NWUS-ACC 208

Statistics

2 Credits

NWUS -ACC 209

Element of Banking

2 Credits

NWUS -ACC 210

Agricultural Accounting

2 Credits

NWUS -ACC 204

Oil and Gas Accounting

2

Course Code TitleUnit

GST 312

Peace and Conflict Resolution

2 Credits

ENT 312

Venture Creation

2 Credits

ACC 301

Financial Reporting  I

3 Credits

ACC 302

Financial Reporting II

3 Credits

ACC 303

Management Accounting

3 Credits

ACC 305

Taxation I

3 Credits

ACC 306

Taxation II

3 Credits

ACC 307

Auditing and Assurance I

3 Credits

ACC 308

Public Sector Accounting & Reporting

3 Credits

ACC 311

Entrepreneurship in Accounting

3 Credits

NWUS-ACC 309

Quantitative Analysis

2 Credits

NWUS-ACC 312

Corporate Law

2 Credits

NWUS-ACC 313

Research Methodology

2 Credits

Course Code TitleUnit

ACC 401

Advanced Financial Reporting

3 Credits

ACC 402

Corporate Reporting

3 Credits

ACC 403

Auditing and Assurance II

3 Credits

ACC 404

Financial Management

3 Credits

ACC 405

Bankruptcy & Liquidation

3 Credits

NWUS -ACC 406

Forensic Accounting

2 Credits

NWUS -ACC 407

Human Resources Accounting

2 Credits

NWUS -ACC 408

Environmental accounting

2Credits

NWUS -ACC 409

International Accounting

2 Credits

NWUS -ACC 410

Management Information System

2 Credits

NWUS -ACC 411

Capital Market Studies

2 Credits

ACC 490

Project

6 Credits