Department of Accounting

VISION STATEMENT

The vision of the department is to produce world class accounting professionals and researchers through cutting edge research with spiritual alertness and the best of morals and proven integrity.

MISSION STATEMENT

To continue to motivate our workforce and empowering them through continuous development in contemporary issues in Accounting and Allied Matters, capable of creating expert in them for excellent service delivery. In addition, recruitment of highly qualified professionals to breach necessary academic gaps while continuing to strengthen our collaboration with high impact Accounting and Finance environment globally.

PHILOSOPHY OF THE ACCOUNTING PROGRAMME

The philosophy of the Accounting programme is to strengthen the intellectual capacity of students in the accounting discipline with high ethical and Christian values so as to equip them with adequate knowledge needed for an understanding and analysis of the issues in the private and public sector of Nigerian economy, while developing entrepreneurial spirit to create employment and add value to the global economy as a whole..

1 History

As a Head of the Accounting department, Adegbie leads the academic operations of the department that drives the growth of the school. The Accounting program pre-dated the inauguration of Babcock University as one of the private Universities in Nigeria in 1999. The program was offered under business administration as a minor programmed for students then taking courses as a major in Religion during the ACWA/ASWA era. By 1997/1998, the institute of Chartered Accountants of Nigeria’s (ICAN), Accounting Technicians Scheme (ATS) program was already in process, coordinated then by Professor Luke Onuoha. Records indicate that some of the early products of that scheme are currently Fellows of ICAN and ACCA London.

2 History

However, the accounting program as presently constituted took off at the inception of Babcock University in 1999, with an initial enrolment of 100% students under the Department of Accounting, Economics and Banking and Finance headed by then Dr. P.O Didia. The first set of 110 graduates were produced in 2003. The department became autonomous, as a separate department in 2004 with now professor S.A Owolabi as its HoD. Since then, the department has made tremendous progress in all ramifications. The department currently offers both undergraduate and postgraduate (MSc, MPhil and PhD) programmes in accounting. As of the 2019/2020 session, the undergraduate students enrolment were 931 regular and 51 students under the ACA/B.Sc conversion program. Currently, the department has collaborations with ICAN and ACCA London. The Collaboration (MoU) with ICAN grants our students exemption to the skill level; they write only the 5 papers at the professional level on graduation. Equally the MOU with ACCA London also gives 8 papers exemption to our students, enabling them to write only 5 papers on graduation.

3 Involvement

Our students are introduced to the ATS (ATSWA) program at the 100 Level and this has enabled many of them to qualify as Chartered Accountants even before their graduation from the University. The performance of Babcock Accounting students at the ICAN professional level examination has been very commendable as many of them win prizes in the examinations. In the 2018 May diet, a Babcock Student, Eigbefoh Moysoreoluewa Adesua won a total of 5 Prizes. In the world of work, it is penitent to mention that our graduates are visible in all sectors. Their presence in the workforce of the Big 4 Audit firms, both in Nigeria and outside Nigeria is glaring and encouraging. The HoD and the entire faculty gladly welcome you to this unique department and family where young professionals are prepared and nurtured in the fear of God for service to humanity through functional, result-oriented and holistic education.

Our Programs

Check out the programs we offer

We offer Programs that are competitive and industry relevant. Our Graduates from the department come out equipped to deal with real world challenges.

Learn More Bulletin

B.Sc Accounting

M.Phil Accounting

M.Sc Accounting

Ph.D Accounting

"Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings"
~Diarne Garnick