Accounting department came into being in the year 2016 as the aftermath of the then Economics department’s resolution to transform into a faculty. It came as one of triplets with Banking and Finance and Marketing and Consumer Studies being the other offspring of Economics. The philosophy of the department is to produce accomplished accountants and financial managers capable of making valuable contributions to the development of accounting practice in general and the Nigerian economy in particular. Accordingly, its vision is to be a globally recognized academic resource base for accounting education that meets societal needs. Thus, it aims at: producing graduates with proper understanding of accounting skills and competencies required for career progression in accounting, managerial and financial services, management consultancy and academia; expanding the frontier of knowledge in accounting practice and profession, and,contributing to the country’s efforts towards manpower development relevant for economic growth and development.
Its current manpower base consists of its HOD, one bona fide academic staff, a visiting professor, four associate faculties made up of two full professors, a reader and a senior lecturer, and three adjunct lecturers (all full professors).
Academic activities in the department was kick started in the second semester of 2017/18 session with the first set of MSc. students. The department plans to admit its first set of undergraduates in the 2020/21 session when it is hoped that the first set of M.Phil. /Ph.D. students would similarly emerged. Presently, the Master’s programme in the department has two tiers: a regular programme and a collaborative programme with the Central Bank under which students could specialize in either Financial Accounting and Reporting or Forensic Accounting and Auditing. Both programmes run concurrently.