BACHELOR OF ACCOUNTANCY

Programme Aims and Objectives

Introduction

Our Bachelor of Accountancy (B.Acc) is a broad based programme which provides accounting education to our accounting students. The B.Acc programme focuses on core accounting issues. Our students graduate with a very strong accounting knowledge and accounting technical competences which puts them on demand in both accounting and non-accounting organization.

Rationale

Our Bachelor of Accountancy (B.Acc) gives students the tools to make real life financial decisions in a constantly changing and uncertain business world.

Aims of the programme

The programme aims to provide students with a coherent and vocationally relevant academic curriculum, designed to equip them for employment and for a variety of responsible posts within the financial services industry. The Bachelor of Accountancy (BAcc) programme aims to produce accounting students who are not only technically competent but who also have high ethical standards and good business sense, to well prepare them to surmount the challenges in an ever-changing global accounting environment. The Bachelor of Accountancy (BAcc) programme is aimed at preparing accounting students for advanced academic studies as well as for careers in public accounting, private industry, government and non- profit sectors.

Objectives of the programme

Provide students with the accounting knowledge and tools needed to obtain meaningful employment and have successful accounting careers. The programme provides the educational background for students to meet the educational requirements of various professional accounting certification examinations. The programme also prepares students for graduate school.

 

YEAR 1

The Study and Methodology of Microeconomics

Consumer Choice Theory

Theory of the Firm

Perfect Competition

Monopoly

Oligopoly

Price Discrimination

1.0 Introduction to Accounting

2.0 Accounting model,recording transactions,reporting results

3.0 Year-end adjustments

4.0 Manufacturing accounts

5.0 Incomplete records

6.0 Income and expenditure accounts

7.0 Introduction to Partnership accounts (partnership act 1890)

8.0 Introduction to the accounts of Limited companies

9.0 Uses and interpretation of financial statements

10.0 The statement of cash flow

NON CALCULUS
·         EQUATIONS AND INEQUALITIES
·         FUNCTIONS AND GRAPHS
·         TYPES OF FUNCTIONS
·         MATRIX ALGEBRA
·         MATHEMATIC OF FINANCE
CALCULUS
·         Differentiation
·         Curve Sketching
·         Differentiation and Applications
·         Multi-Variable Calculus
·         Integration and Application
·         First and Second Order Differential Equations

Introduction to Management
Organization, The management Process
The History and evaluation of Management
Organizational theories and different approaches to management
The organizational Culture and the Manager
The external environment and the Manager
The internal environment and the manager
Foundations and basic elements of Planning
Process of planning and MBO
Effective strategic planning
Decision Making
The manager‟s role as decision maker
Decision making process
Basics of Strategic Management
Case of Strategic Management
Strategic management process
Organizational Structure
Types of organizational structures
Case Decision-making
Human Resource Management
HRM processes
Motivation its theories
Current issues in Motivation
Team work and Group Behaviour
Case of team and team work
Leadership and its characteristics
Leadership styles and behaviours
The process of Control
The Control Standards
Case of controlling
staffing

INTRODUCTION
ENVIRONMENTAL ANALYSIS
THE ECONOMIC ENVIRONMENT AND BUSINESS
THE DEMOGRAPHIC ENVIRONMENT AND BUSINESS
SOCIAL – CULTURAL ENVIRONMENT AND BUSINESS
THE TECHNOLOGICAL ENVIRONMENT AND BUSINESS
THE ECOLOGICAL ENVIRONMENT AND BUSINESS
THE POLITICAL ENVIRONMENT AND BUSINESS
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY
BUSINESS AND ITS VARIOUS PUBLICS
SOCIETY OF MULTINATIONAL BUSINESS
 

1.0 Introduction
2.0 Nature of Law
3.0 Common Law and Equity
5.0 Doctrine of Privity of Contract Misrepresentation and Mistake
 
1.0 Regulatory Framework of Accounting
2.0 Conceptual Framework of Financial Reporting
3.0 IAS 1 Presentation of Financial Statements
4.0 IAS 16 Property, Plant and Equipment
5.0 IAS 23 Borrowing Costs
6.0 IAS 20 Government Grants
7.0 IAS 40 Investment Property
8.0 IAS 38 Intangible Assets
9.0 IAS 36 Impairment of Assets
10.0 IAS 17 Leases
11.0 IAS 8 Accounting Policies, Changes in Accounting policies, Estimates and Prior Period Errors AND IAS 10 Events after the Reporting Period
12.0 IAS 37 Provisions, Contingent Liabilities and Contingent Assets
13.0 IAS 2 Inventories and IAS 11 Construction Contracts
14.0 IAS 7 Statement of Cash Flows
15.0 IAS 33- Earnings per share
16.0 IAS 23 Taxation in Financial Statements
17.0 Analysis of Financial Statements

1.0 I Introduction

2.0 Cost concepts

3.0 Cost Behaviour

4.0 Cost Accumulation and product costing

5.0 Budgeting and Budgetary Control

6.0 Standard Costing

7.0 Decision making – short range

8.0 Decision making – Long Range

9.0 Decentralised organizations

1.0 PART A: THE NATURE, PURPOSE AND SCOPE OF AN AUDIT

2.0 THE FRAMEWORK OF AUDITING

3.0 AUDIT EVALUATION AND PLANNING

4.0 EVIDENCE COLLECTION AND ANALYSIS

5.0 PERFORMANCE OF AN AUDIT

6.0 REPORTING FRAMEWORK

1.0 I Theoretical framework

2.0 Legal Framework

3.0 Tax on Income

4.0 Value Added Tax

5.0 Property Transfer Tax

6.0 Tax planning

1.0 Introduction to Operations Research

2.0 Introduction to Linear Programming (LP)

3.0 The Simplex Algorithm

4.0 Sensitivity Analysis and Duality

5.0 Transportations, Assignment and Transshipment Problems.

6.0 Network Models

7.0 Queuing Theory – Introduction

8.0 Simulation

Introduction to Production and Operations Management (POM)

Demand Forecasting in Operations Management

Inventory Management

Managing Demand

Requirement Planning-MRP

Planning and Control in Operations Management

Facilities Location

Facilities Layout

Introduction to Quality Management

Introduction to Company Law

Promoter and Company Relationship

Steps to the Incorporation of Companies

Application for the Incorporation of a Company

Membership of a Company

Rights of Shareholders

Seal & Accounts

YEAR 2

The Goods Market

Financial Markets

The IS-LM Model

The Labor Market

The AD-AS Model

The Phillips Curve

Inflation, Output, and Money Growth

Economic Growth

Expectations

The Open Economy

The Mundell Fleming Model

BS222: Management Accounting 1

Introduction to cost accounting

Cost Accounting terms

Classification of Costs

Cost behavior

Accounting for elements of cost

Accounting for labor

Accounting for overheads

Information for decision making

Marginal Vs Absorption Costing

Activity Based Costing (ABC)

Standard Costing and variance Analysis

Cost- Volume- Profit (C-V-P) Analysis

Job and Batch Costing

Contract Costing

Operation and service costing

Process Costing

Further Aspects of Process Costing

Budgets and Budgetary Control

The use of flexible budgets

1.0 Introduction

2.0 The financial system

3.0 Basic concepts in finance

4.0 Working capital management

5.0 Long-term finance

6.0 Capital structure and the cost of capital

7.0 Capital Budgeting Techniques

8.0 Dividend policy

9.0 Financial Analysis

Data and Information

Computers, computer hardware and Associated Peripherals

Software

computer networks and telecommunication

Computer Appreciation

Securing COMPUTERISED Information Systems

Introduction to Systems Concepts and Systems Analysis

Introduction to E-Commerce

Professional Issues and ethics

1.0 Introduction to Statistical Problems.

2.0 Graphical Descriptions of Data

3.0 Numerical Descriptions of Data

4.0 Elementary Probability

5.0 Discrete Probability Distributions

6.0 Continuous Probability Distributions

7.0 Sampling.

8.0 Estimation

9.0 Hypothesis Testing

10.0 Analysis of Variance

11.0 Chi-square Tests

12.0 Regression and Correlation Theory.

13.0 Index Numbers

14.0 Time Series

15.0 Decision making Under Uncertainty

Introduction and Organisation

Marketing Management

Product Decisions

Analysing Consumer Markets and Buyer Behaviour

Designing Pricing Strategies and Programmes

Sales Promotion and Marketing Communication Mix.

Managing the Sales Force

Dealing with Competition

YEAR 4

Introduction to groups of companies

Revised IFRS 3- Full Goodwill Method

INTRA-GROUP TRADING

Purchase Consideration

Mid-year acquisitions-statement of financial position

Consolidated income statement

IAS 28- INVESTMENTS IN ASSOCIATES

IAS 31 Interest Joint Ventures

Accounting for jointly controlled entities

COMPLEX GROUP STRUCTURES

IAS 7 CASH FLOW

ACCOUNTING FOR FOREIGN CURRENCY TRANSACTIONS-IAS 21

SUBSTANCE OVER FORM

INTRODUCTION TO FINANCIAL INSTRUMENTS

IAS39 FINANCIAL INSTRUMENTS: Recognition and Measurement

IFRS7 FINANCIAL INSTRUMENTS: Disclosures

SEGMENTAL ANALYSIS

IAS33-EARNINGS PER SHARE

IAS33-DILUTED EARNINGS PER SHARE

TAXATION IN FINANCIAL STATEMENTS

DEFERRED TAX

IAS 19-EMPLOYEE BENEFITS

1.0 INTRODUCTION

2.0 FINANCIAL MARKETS

3.0 EFFICIENT MARKET HYPOTHESIS (EMH)

4.0 SECURITY ANALYSIS

5.0 PORTFOLIO THEORY

6.0 PORTFOLIO MANAGEMENT AND EVALUATION

PART B

1.0 CAPITAL STRUCTURE AND THE COST OF CAPITAL

2.0 DIVIDEND POLICY

3.0 CAPITAL INVESTMENT DECISION

4.0 VALUATION OF COMPANIES

5.0 MERGERS AND OTHER FORMS OF CORPORATE RESTRUCTURING

6.0 WARRANTS AND CONVERTIBLES

ACCOUNTING THEORIES

CORPORATE GOVERNANCE

ETHICS AND VALUES

FORENSIC ACCOUNTING

ACCOUNTABILITY

ROLE OF AUDITING

STRATEGIC PLANNING

BEHAVIOURAL ASPECTS OF ACCOUNTING

PERFORMANCE MEASUREMENT

 

INTERNATIONAL REGULATORY ENVIRONMENTS FOR AUDIT

PROFESSIONAL AND ETHICAL CONSIDERATIONS

OBTAINING AND ACCEPTING PROFESSIONAL APPOINTMENTS

PLANNING AND RISK ASSESSMENT

USE OF INTERNAL CONTROLS

EVIDENCE

COMPUTER INFORMATION SYSTEMS (CIS)

QUALITY CONTROL

EVALUATION AND REVIEW (REVIEW PROCEDURES & EVALUATION OF FINDINGS)

EVALUATION AND REVIEW (MATTERS RELATING TO SPECIFIC ACCOUNTING ISSUES)

SPECIALISED AUDITS AND COMPLEX AUDIT SITUATIONS

Reporting

 

Systems Analysis

Information for Decision Making

Computer Applications

Electronic Commerce

 

1.0 THE STRATEGIC MANAGEMENT PROCESS

2.0 THE ESSENTIAL ENTREPRENEURIAL TASKS

3.0 TECHNIQUES OF INDUSTRY AND COMPETITIVE ANALYSIS

4.0 GENERIC BUSINESS STRATEGIES AND INDUSTRY ENVIRONMENT

5.0 GENERIC CORPORATE STRATEGIES

6.0 BUILDING AND DEFENDING COMPETITIVE ADVANTAGES

7.0 TECHNIQUES FOR STRATEGY ANALYSIS AND CHOICE OF STRATEGY

8.0 IMPLEMENTNG STRATEGY, ORGANISATION STRUCTURE, DISTINCTIVE COMPETENCE AND RESOURCE ALLOCATION

9.0 IMPLEMENTING STRATEGY, COMMITMENT, CULTURE, SUPPORT SYSTEMS AND LEADERSHIP

10.0 EVALUATION AND CONTROL OF STRATEGY