Course Outline

UNIVERSITY OF LAGOS
DISTANCE LEARNING INSTITUTE

YEAR 4 ACCOUNTING COURSE OUTLINES AND SOME RECOMMENDED TEXT BOOKS

1.     FIN.320: BUSINESS FINANCE II
• Dividend Policy Decisions — Mr. Charles Onyeiwu
• Financial Statement Analysis — Mr. Abasa A Shire
• Capital Structure Decisions — Mr. Segun Odunowo
• Source of Capital — Mr. 0. Olaoluniyi
Capital Market Theory—Mr. G.Dlfarajimi
• Source of Capital—Mr 5.0 Oladoyinbo
Recommended Test: Financial Management by R.A. Olowe
 
2.     BUS 412: ANALYSiS FOR DEC1S1ON MAKING I
• Decision Theory
• Environment of Decision Making — Mr. Magbagbeola
• Decision Trees
• The Secretary Problem — Mr lbiwoye
• Operations Research Approach To Decision Making— Mr. Oyaloye
• System Approach and System Analysis — Mr Adekoya
• Markov Analysis
• Simulation — Mr. Bankole AbiQIa Recommended Test:
> Basic Operational Research Techniques by Funso Akingbade
Decision Theory in Business by Bolajoko N. Dixon Ogbechi
 
3.     BUS 410: BUSINESS POLICY I
• The Nature and Scope of Business Policy — Basic
Concept and Definition
• The Nigeria Business Environment
o The Strategic Management Process
• Decision Making Process
• Organizational Designs and Processes
• Business Ethnics and Co-operate Social
Responsibility
• Organic Business Functions and Management
Functions
• Case Studies
Recommended Text: Business Policy and Strategy
by Michael Aluko
 
4. GST 307; ENTREPRENEURSHIP
 
5. ACC 411: ADVANCED FINANCIAL ACCOUNTING I
•Group Account
.Valuation of Assets, Equity Shares and Business
Enterprises -
• Preparation for Publication the Annual Reports of Public Companies under CAMA i.e. Income
Statement, Balance Sheet, Note to the Account,
Statement of Accounting Policies, Chairman
Report, Directors Report, Auditors Reports, Cash
Flow Statement, Value Added Statement and Five Year Financial Summary
• Business Combination, Conversion and Punctuation Management
• Analysis and Interpretation of Financial Statements
Recommended Text: Accounting for
Coeaj Business by Joseph Babatunde
Akeju
 
6. ACC 320: MANAGEMENT ACCOUNTING I
• Introduction to Management Accounting
• Standard Costing and Variance Analysis
• Budgeting and Budgetary Control
• Capita! Budgeting Decisions
• Budgeting for Sales, Direct Materials, Direct
Labour, Factory Overhead and Administrative
Expenses:
This should cover:
• Short—Term, Non-Routine Decision- Making
• Cost Behaviour as it affects Budgeting organization
Decision — Making
Recommended Text: Insight into
Accounting by Adeniyi A. Adeniji
 
7.    ACC 322: PRINCIPLES OF AUDITING
• The Meaning of Auditing
• Appointment and Qualification of Auditors
• Accounting Records
• Internal Control
• Verification of Fixed Assets
• Verification of Current Assets
• Verification of Liabilities Capital
• Sampling Technique
• Audit Planning and Control
- The Audit Report
 
8.     ACC 414: INTERNATIONAL ACCOUNTING
• Nature of MNl’s
• International differences in financial reporting
• Foreign currency conversion and translation
segment reporting
• Harmonization of accounting standards IFAC,
OECE, PASC
• International transfer pricing
• International Double taxation and Tax relief
• International auditing standards.
Recommended Test: International Accounting (theory and practice) by Shola Abiola
 
9. ACC 312: TAXATION I
• Tax Administration in Nigeria
• Taxation Concept Definition
• Personal income Tax
• Partnership Taxation
• Companies Income Tax
• Capital Allowance
• Concept of Total Profit
Adjustment of Profit
Allowable /disallowable expense
Recommended Test: Taxation Principle and
Practice in Nigeria by Lekan Soyode and Sunday 0 Kajola