Federal University, Dutsin-ma

Katsina state, Nigeria

Courses: 2nd Year 1st sem., B.Sc. Accounting

  1. ACC211: Financial Accounting I

    (3 credit units)

    Partnership: formation of partnership, accounting treatment for admission, retirement, removals and death of partners, revaluation of assets and goodwill on admission, retirement, removal or death of partners, amalgamation and absorption of partnership, dissolution of partnership including piece meal realization and distribution, preparation of partnership final accounts, partnership absorption and amalgamation. Miscellaneous Accounts: Branch accounts including foreign branches - Hire purchase transactions, lease accounts, Consignment accounts, Containers’ accounts, Royalties, Contract accounts, Joint venture accounts, Goods on sales or return, Accounting for stock losses and defalcations, Accounting for the effect of cut-off point on stock valuations and Simple lease account transactions.

  2. ACC221: Taxation I

    (3 credit units)

    Nigerian system of Income Tax Administration: structure and procedures, returns, assessments appeal, Postponement, collection; with reference to all necessary legislations. Distinction between the taxation of income and the taxation of capital. Personal Income Tax: the law and practice of Income tax: the law and practice of Income tax relating to employees; individuals and sole trader; partnership; joint venture; settlements, trusts and estates. Company income Tax: the principles and scope of Company Tax; Computation of assessable profit and tax liability, the small company provisions including minimum tax, computations and exemptions. Treatments of losses, commencement; change in accounting period and cessation of trade or business.

  3. ACC231: Business Statistics

    (3 credit units)

    Elementary sampling theory, estimation theory, students distribution, statistical decision theory, tests of hypothesis for small and large samples, Chi-square distribution: tests of goodness of fit and of independence. Linear regression, correlation theory, index, numbers, time series, and analysis of time series.

  4. ACC241: Public Finance

    (2 credit units)

    The public sector environment, the role of government in National Economy, Nature and structure of Government Revenue, sources of federal, state and local governments revenue, revenue allocation principles. The role of revenue mobilization and fiscal allocation commission, nature and classification of public expenditure, fiscal policy and fiscal jurisdiction in Nigeria structure of public debt and debt management strategies, inter governmental fiscal relations in Nigeria, the concept of public-private-partnership, cost-benefit analysis in the public sector, public enterprises, privatization and commercialization, government deregulation policy, the fiscal responsibility act. Borrowing policy and public debts: funded and unfunded debts; external loans: multilateral- IMF, World Bank; Paris Club, London Club, and Bilateral sources; promissory notes and others. Debt Management Strategies: Loans pooling and consolidation; Loan re-scheduling; debt-equity swap; debt forgiveness and others. Principles and practice of federalism: fiscal federalism, fiscal capacity and needs in multi-level government structures. Inter-governmental fiscal relations, Nigeria’s experience with revenue allocation. The theory and practice of grants in relation to State and Local Governments Project appraisal in the Public Sector: cost-benefit analysis; cost-outcome analysis; cost-effectiveness analysis; net present value and internal rate of return; dimensions of project performance such as availability, efficiency, outcome, effectiveness and accessibility.

  5. ACC251: Commercial Law I

    (2 credit units)

    The Nigerian Legal System: Sources of Nigerian Law including common law, equity, statutes of general application, judicial precedents, legislation, customary law and international treaties. Hierarchy and structure of Nigeria courts.Special courts and Commercial Arbitration.Distinction between criminal and civil liability including negligent misstatements. Law of contracts: Nature and essential elements of a valid contract: offer, acceptance, consideration, intention to create legal relations, capacity and consent. Conditions, warranties and exemption clauses. Illegal contracts and contracts in restraint of trade, vitiating factors. Discharge of contracts and remedies for breach of contract. Commercial Contracts; Commercial Relations between Persons; Unfair Competition. Passing off and: Trade Libel. Agency: Creation and types; authority of agents; rights and duties of principals and agents and termination of agency Sales of Goods: Meaning and Types of goods. Implied terms.The Caveat Emptor Doctrine. Transfer of title, passing of risk and the NemoDat Quod Non Habet rule. Breach of contract for sale of goods and remedies of the parties. Hire Purchase and Equipment Leasing: Meaning and formalities under the Common Law and the Hire Purchase Act. Implied and Void terms, Rights and Obligations of the parties and Termination of hire purchase. Operating and Finance Lease Contract of Employment: Nature and formation. Rights and Duties of the parties.Termination and Dismissal. Remedies for breach of contract. Redundancy.

  6. GST211: History and Philosophy of Science

    (2 credit units)

    Man - his origin and nature, Man and his cosmic environment, Scientific methodology, Science and technology in the society and service of man, Renewable and non-renewable resources-man and his energy resources, Environmental effects of chemical plastics, Textiles, Wastes and other material, Chemical and radiochemical hazards Introduction to the various areas of science and technology, Elements of environmental studies.

  7. GST221: Peace Studies and Conflict Resolution

    (2 credit units)

    Basic concepts in peace studies and conflict resolution, peace as vehicle of unity and development, conflict issues, types of conflict, e.g. ethnic/religious/political/economic conflicts, root causes of conflicts and violence in Africa, indigene/settler phenomenon, peace – building, management of conflict and security, elements of peace studies and conflict resolution, developing a culture of peace, peace mediation and peace-keeping, alternative dispute resolution (ADR). Dialogue/arbitration in conflict resolutions, role of international organizations in conflict resolution, e.g. ECOWAS, African Union, United Nations, etc.

  8. ECO211: Introduction to Microeconomics

    (2 credit units)

    Element of price theory; demand function and the derivation of individual and market demand curves for a commodity; supply function and the derivation of individual and market supply curves; interactions under supply and demand and the idea of equilibrium under competition; price controls. Change and adjustment under a pricing system. Elasticity of demand and supply. Utility theory.Production function and the law of variable proportions. Cost curves in the short run and long run. The theory of the firm; competition, monopoly and oligopoly. An overview of efficient allocation of resources in a market economy. Factor pricing and the idea of marginal productivity.

  9. BSM211: Elements of Marketing

    (2 credit units)

    Introduction: Marketing definition, concept, Evolution, Role and Importance, The Marketing System. The Marketing Analysis: Marketing Environment, Buyer Behaviour, Market Segmentation; Market Measurement and Forecasting; Marketing Research. The Marketing Mix: The Product Concept, Development and Life Cycle; Product Classification and Marketing Strategies, Pricing, Management of the Channels of Distribution. Promotion: Advertising, Personal Selling, Public Relations and Sales Promotion, Marketing of Professional Services. Appraising the Marketing Effort.

  10. ECO231: History and Structure of Nigerian Economy

    (2 credit units)

    The Nigerian Legal System: Sources of Nigerian Law; Hierarchy of Nigerian Court, Commercial Arbitration. Nature and formation of the contract, conditions, warranties, and representations; ownership and passing of property; duties of the buyer, effect of contract, remedies, special commercial contracts in outline the use of negotiable instruments, e.g. cheques, credit cards, luncheon voucher and fuel vouchers.

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