The students who major in Accounting will receive Bachelor of Science in Accounting. A minimum GPA of 2.5 is a requirement for the graduation in this program.

The primary objectives of the College of Business and Public Administration are the followings:

a.To prepare students for access or entry level positions in the private and public sectors.

b. To offer students the basic and necessary foundation and educational prerequisites for graduate and post.-graduate studies.

c. To provide students with leadership skills needed and required in their communities and public life.


1.General University Requirement Course – 68

2.Major Areas of Concentration Courses – 57

3.Minor Areas of Concentration Courses – 12

4.Electives – 6

Total Requirements for the Degree in Accounting (B.Sc.) = 143 Credit Hours


Financial accounting is fundamentally a measurement and communication process used to report on the activity of profit-seeking and not for profit organizations. The process is performed by observing, identifying and measuring those events considered as evidence of economic activities; recording, classifying and summarizing these

events; reporting on these economic activities by preparing statements and reports for internal and external decision making. The first course provides a complete textual package for the first three (3) parts of studies: the introduction principles.
ACCT 101 3 Cr/Hrs-Introduction to Accounting – this course is aimed at ensuring that students are equipped with a though understanding of financial accounting and its practical application to solving accounting problems. Areas to be covered in this course are: Historical development of accounting ,the underlying principles of Accounting ,the basic closing and post-closing entries and preparation of financial statements, the basic Accounting procedures – balancing of accounts, the nature of merchandising business, etc.

ACCT 201/3 Cr/Hrs (Pre-requisite: ACCT – 101)-Principles of Accounting I – this course embodies the basic concepts of Financial Accounting, Accounting Principles and Practices; subject areas in accounting such as, the Continuation of Merchandising Business from ACCT – 113, Accounting Systems and Control; Special Journals, Receivables and Payables, Deferral and Accrual, Inventories and Cost of goods sold etc.

ACCT 202/3 Cr/Hrs (Pre-requisite: ACCT – 101 & 201)-Principles of Accounting II – include plant and equipment (tangible and intangible); Assets, Partnership and Corporation, Stock Transactions, Payroll and Standard Costing, etc.

ACCT 301 & 302 Cost Accounting (Planning & Control)- focus on the twins management functions of planning and control; it gives a complete understanding of cost accounting theories and applications.


Accountancy is a growing and dynamic description requiring ever increasing knowledge in many areas. Intermediate accounting is one of those areas. The subject material of intermediate although are expanding and becoming technical. This course encompasses all areas of financial accounting with more detail emphases including other relevant topics.

ACCT 303 Intermediate Accounting I-Concepts procedures and financial statements (Conceptual framework and principles, review of the accounting process. The balance sheet and statement of cash flows. Income statement and supporting schedules, cash and temporary investments, receivables and inventories.

ACCT 304 Intermediate Accounting II- This course deals with Property, Plan and Equipment: Valuation of Liabilities (Current & Long Term Liabilities, Investments, stock holders Equity).

ACCT 314 Managerial Accounting-This course provides a contemporary coverage in managerial accounting principles; by which the basic cost expense terminology, concept and classification are identified and discuss cost behavior and cost estimation. It emphasizes the fundamentals of managerial accounting, managing accounting concepts, planning and control, analysis for decision making.

ACCT 401 Accounting System & Control – Because of the increasing importance of information systems, the application of information systems concepts to the accounting process and model in our University curriculum. The objective is integrate information systems concepts into basic. The accounting process, which includes the manual accounting systems, systems analysis, system development and etc.

ACCT 402 Accounting Theory – Provides a coherent set of logical principles that form the general frame of reference for the evaluation and development of sounding accounting practices. Payroll Accounting and Investment notes and bond payable. Methodology of Accounting Theory, History & Development of Accounting Theory, Concepts, measurement and structure, Income concepts for financial reporting Financial reporting and price changes, Cash and funds flows, Assets and their measurement, Current assets and Liabilities, Plant & equities, Ownership equities, Changes in stockholders’ equity and Disclosure in financial reporting.

ACCT 403/404 Advanced Accounting-Deals with the ramifications of mergers and acquisition of multi corporate entire, business combinations, consolidated financial statements, branch and agency partnership accounting.

ACCT 403 Advanced I-Cooperated expansion and business combinations. Reporting intercorporate investments in common stock, the reporting entity and consolidated financial statements, consolidation as of the date of acquisition and following acquisition.

ACCT. 404 Advanced II-Intercorporate transfers: Noncurrent assets, inter-company inventory transactions, inter-company indebtedness, consolidation ownership issues, Accounting for branch operations, partnership, not-for-profit entities accounting corporations in financial diiculty.

ACCT. 405 (Elements of Taxation & Government Budgeting)- Elements of taxation explain and analyze the theoretical background in reference to the Finance Acts. Main features of the significant taxes, typical computations an updated details of tax rates and allowances, various types of taxes: Tax avoidance, Tax enforcement, Tax Rates and Relief, Relevant Financial Acts, Government budgeting and etc.

Audit (ACCT, 407 & 408) Audit-Of all the subjects taught in the accounting curricula, auditing is interdisciplinary in its scope, encompassing in one form or another, business law, accounting theory statistical sampling, computer processing, etc. because of its importance, the course is divided into two parts, require two (2) semesters work as follows:

ACCT 407 Auditing I/Discussions-Deals with Audit Environment & Function,Public accounting profession & auditing standards, Auditor’s Ethical & Legal Environment, Auditor’s responsibility, Basic Audit Concepts & Planning the Audit

ACCT. 408 Auditing II/Discussions- Deals with Internal Control Structures, Internal Control Structures in a Computer Environment, Evidence of Finance Statement Assertions, Sampling for substantive test of account balances (Statistical & non statistical ),Auditing working capital, Auditing the capital assets, The Standard audit report, Operational and compliance auditing.

ACCT 417/499-Research Methodology/Thesis-These courses deal with the study of the nature, types, and methods in the field of research; emphasis is placed on the acquisition of research data collection methods, skills and the practical aspect of research which leads to Thesis Writing.

AMEZU College of Business Administration ACCOUNTING PROGRAM
Sarweh Williams, B.Sc., MBA
Joseph D. S. Bolder, B.Sc., MBA
Jenking T. Taylor, BBA, M.Sc., LLB
Subozu Kollie, BBA, MBA
Moore Cooper, BBA, MBA
Harris Gono, B.Sc., (Hons), MBA
Alister Gonie, BBA, MBA
Boakai Dorley, BBA, MBA
Samuel Barshell, B.Sc.
Vlandy G. Freeman, B.Sc., MBA
Isaac Martin, B.Sc., MBA
Gunto K. Ylatun, BBA., MBA.