Public Sector Accounting

  • PHILOSOPHY

The Executive MBA in Public Sector Accounting programme is structured under the philosophy that incomes or revenues and expenditures of government are critical to the economy and overall wellbeing of the citizenry and therefore must be accounted for. Government is the major employer of labour. In addition, government is responsible for carrying out extensive infrastructural development of facilities – roads, schools, hospitals etc.The Executive MBA Public Sector Accounting is designed to sharpen the skills of employees in senior management positions in government and public sector establishments. It exposes students to various aspects of accounting in the public sector in line with pronouncements of the International Federation of Accountants (IFAC) especially in relation to the new Accrual Basis accounting for public sector entities.

 

1.2       OBJECTIVES

The specific objectives of the programme are;

  1. To expose students to both general and specialized courses in Public Sector Accounting,
  2. To provide students the opportunity of obtaining practical experience to solve accounting problems in government and government establishments
  • To update the student’s knowledge of Public Sector Accounting

 

1.3       SCOPE

The Executive MBA in Public Sector Accounting covers the core MBA business courses, in addition to a minimum of 36 credit units in the third and fourth semesters covering the special areas made up as follows:

1.4       Entry Requirements

Candidates for the Executive MBA programme in Public Sector Accounting should have the following:

  • Minimum of 3 (three) years working experience in industry
  • Bachelors’ degree or Higher National Diploma (HND) in any relevant discipline (Accountancy, Economics, Management, Business Administration, Public Administration, Banking and Finance, Marketing, Insurance, Engineering, etc.)

Admission is twice in a year, March/April and September/April.

1.5       Mode of Study

The mode of study for the Executive MBA programme in Public Sector Accounting shall be by course work, organisational case studies, seminars, practical navigations and case project reports.

 

1.6       Duration

The duration for the Executive MBA programme shall be four (4) semesters – 18 months

 

1.7       Employment Opportunities

The Executive MBA programme in Public Sector Accounting trains students to fill middle and senior level management positions in government organisations as well as private sector establishments such as banks. With their education and training, they can set up their own businesses since the programme also emphasizes self-employment and consultancy.

 

1.8       Fee Structure

The fee is N250, 000 per semester for 4 semesters.

 

 

COURSE LISTINGS

FIRST SEMESTER

 

Course Code              Couse Title                                                          Credit Units

EMB 801                    Managerial Economics                                               2

EMB 803                    General Management                                                  2

EMB 805                    ICT Appreciation for Decision Making                      2

EMB 807                    Accounting Practice                                                    2

EMB 809                    Banking and Finance                                                  2

EMP 811                     Public Sector Accounting Practice                             2

EMB 813                    Entrepreneurship Development                                  2

EMB 815                    Research Methodology                                               2

TOTAL                                                                      16

 

SECOND SEMESTER

 

Course Code                          Course Title                                                   Credit Units

EMB 820                    Case Studies and Analysis on Leadership in

Business Organisations                                                           2

EMB 822                    Case Studies and Analysis on Leadership in

Banking and Financial Institution                                          2

EMB 826                    Case Studies and Analysis on Leadership in

Marketing Organisations.                                                       2

EMP 822                     Case Studies and Analysis on Leadership in

Accounting Organisations                                                      2

TOTAL                                                          8

 

THIRD SEMESTER

 

 

Course Code                                      Course Title                                       Credit Units

EMO 831                    Seminar Presentations in Logistics and

Operation of Public Sector                                                     2

EMO 832                    Seminar Presentations in Sustainability

Public Sector                                                                           2

EMO 833                    Seminar Presentations in Global Public Sector

Establishment                                                                          2

EMO 834                    Seminar Presentations in Government

Budgeting                                                                               2

EMO 835                    Seminar Presentations in Government

Financial Regulations                                                             2

TOTAL                                                                      10

 

FOURTH SEMESTER

 

Course Code                          Course Title                                                   Credit Units

EMO   849                  Project Report                                                                         4

TOTAL                                                                      4

 

 

 

COURSE DESCRIPTIONS

 

EMB 801                    Managerial Economics                                             (2 Units)

Economics and Decision-Making Process; Understanding the Micro and Macro Environment of Business, (specifically the Macro Economic Variables); Demand and Supply; Types of Market Models and Theory of Games.

 

EMB 803                    General Management                                               (2 Unit)

Concept of management, Principles of Management, Professionalism in Management; Ethical Issues in the practice of management.

 

 

EMB 805                    ICT Appreciation for Decision Making                  (2 Units)

Basics of Computer, Applications of ICT in Business Problem-Solving; Computer Software and packages; the Future of Business in an ICT-driven Economy

EMB 807                    Accounting Practice                                                  (2 Units)

Core Topics in Accounting Practice, Core Topics in Management Accounting Practice, Core Topics in Auditing; Core Topics in Accounting Theory and Corporate Reporting

EMB 809                    Banking and Finance                                                (2 Units)

Money and its Relevance to Business and the Economy; Sources of Business Finance; Bank Lending and its Implications for Business; Aspects of Financial Management/Corporate Finance; Monetary and Fiscal Policies

EMB 813                    Entrepreneurship Development                              (2 Units)

The entrepreneur and Entrepreneurship; Personal Characteristics of Entrepreneurs; Theories of Entrepreneurship Development; Identification of Ideas and Venture Capital Opportunities; Keeping Records; Writing Business Plans; Entrepreneurial Practice – Success and Failure: the Entrepreneur in Micro, Small, Medium and Large-Scale Enterprises.

EMB 815                    Research Methodology                                                         (2 Units)

Application of Scientific Methods in the Study and Analysis of Business Activities; Research Design; Data Collection Methods; Sampling Techniques, Data Analysis Methods; Measurement Scales, Interpretation and Presentation of Business research Results; Applications of Research in Business problem-Solving of Accounting, Banking and Finance, Management and Marketing.

EMB 820                    Case Studies and Analysis on Leadership in Business Organisations                                                                             (2 Units)

Cases will focus on guiding business organisations to higher productivity, Managing People and Conflict Resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

EMB 822                    Case Studies and Analysis on Leadership in Banking and Financial Institutions                                                            (2 Units)

Cases will focus on guiding banking and financial institutions to higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

EMB 826                    Case Studies and Analysis on Leadership in Accounting Offices and Organisations                                                (2 Units)

Cases will focus on guiding accounting and auditing firms to higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics emotional intelligence, creative thinking etc.

EMP 811                    Public Sector Accounting Process in Practice        (2 Units)

General Accounting Principles, Accounting Communications Systems; Human Behavioral Aspects of Accounting; Professionalism in Accounting Practice, Ethical Issues in Accounting

EMP 822                    Case Studies and Analysis on Leadership in Government Establishments                                                                    (2 Units)

Cases will focus on guiding Government Establishments to higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

EMP 831                    Seminar Presentations in Logistics Operation of Government Establishments                                                             (2 Units)

The internal organization of Government Establishment, Budgeting, Deficit Budgeting for Government Establishments, Value for Money Audit in Government Establishments; Introduction to Government Financial Regulations for various public Sector Establishments.

EMP 832                    Seminar Presentations in Sustainability Public Sector Accounting                                                                                (2 Units)

Overview of environmental issues in Public Sector Accounting designed to identify the social and environmental factors associated with the development of Public Sector Establishments, the duplicating roles of this establishments and to make these establishments more result oriented.

 

EMP 833                    Seminar presentations in Global Best Practices of Government Establishment,                                                 (2 Units)

Government Membership of International Organisations, the United Nation, African Union and the challenges associated with these organizations.

 

EMP 834        Seminar presentations in Government Business

Enterprise                                                                  (2 Units)

Government in Business, Operating of Government Business Enterprises, Budgeting for Government Business Enterprises, Productivity and Efficiency of Government Business Enterprises, the Future of Government Business Enterprises.

EMP 835                    Seminar Presentation in Government Financial

Regulations                                                                            (2 Units)

Features of Government Financial Regulations; Essence of Financial Regulations in Government. Financial Regulations in Relation to Budgeting in Government Establishments; Presentation and Approval of Budget; Budget Defense and Implementation; the Department of Budget and Planning.

 

EMP 849                    Project Report                                                                       (4 Units)

On completion of the course, students will be required to write a project based the area of specialization which synthesizes a student’s learning that demonstrates their fulfilment of the programme learning outcomes.