The objective of studying Financial Accounting is to enable students to understand how financial transactions are recorded, classified, summarised and interpreted for effective financial management. It develops students’ ability to apply the principles of double-entry bookkeeping, prepare accounting records and financial statements, and analyze the financial position and performance of a business. Financial Accounting also helps students develop accuracy, accountability, honesty, discipline and sound decision-making skills in handling financial information. Furthermore, it provides a foundation for further studies and careers in accounting, banking, auditing, taxation, finance, business management and entrepreneurship, while equipping students with practical skills for managing personal and business finances.

Modules

• Week 38 Practical Financial Accounting Project

  02 Oct 2026

• Week 37 Integrated Accounting Cycle

  02 Oct 2026

• Week 36 Accounting for Incomplete Records

  02 Oct 2026

• Week 35 Control Accounts

  02 Oct 2026

• Week 34 Correction of Accounting Errors

  02 Oct 2026

• Week 33 Bank Reconciliation Statement

  02 Oct 2026

• Week 32 Bad Debts and Provision for Doubtful Debts

  02 Oct 2026

• Week 31 Depreciation of Fixed Assets

  02 Oct 2026

• Week 30 Adjustments in Final Accounts II

  02 Oct 2026

• Week 29 Adjustments in Final Accounts I

  02 Oct 2026

• Week 28 Balance Sheet / Statement of Financial Position

  02 Oct 2026

• Week 27 Profit and Loss Account

  02 Oct 2026

• Week 26 Trading Account

  02 Oct 2026

• Week 25 Trial Balance

  02 Oct 2026

• Week 24 Three-Column Cash Book

  02 Oct 2026

• Week 23 Cash Book II – Two-Column Cash Book

  02 Oct 2026

• Week 22 Cash Book I – Single Column Cash Book

  02 Oct 2026

• Week 21 Real and Nominal Accounts

  02 Oct 2026

• Week 20 Personal Accounts

  02 Oct 2026

• Week 19 Ledger Accounts

  02 Oct 2026

• Week 18 General Journal

  02 Oct 2026

• Week 17 Returns Inward and Returns Outward Journals

  02 Oct 2026

• Week 16 Sales Journal

  02 Oct 2026

• Week 15 Purchases Journal

  02 Oct 2026

• Week 14 Books of Original Entry

  02 Oct 2026

• Week 13 Source Documents

  02 Oct 2026

• Week 12 Accounting Equation

  02 Oct 2026

• Week 11 Accounting Concepts III

  02 Oct 2026

• Week 10 Accounting Concepts II

  02 Oct 2026

• Week 9 Accounting Concepts I

  02 Oct 2026

• Week 8 Application of Double Entry

  02 Oct 2026

• Week 7 Principles of Double Entry

  02 Oct 2026

• Week 6 Introduction to Accounting Terminology

  02 Oct 2026

• Week 5 Accounting Ethics

  02 Oct 2026

• Week 4 Accounting Profession and Professional Bodies in Nigeria

  02 Oct 2026

• Week 3 Importance and Uses of Accounting

  02 Oct 2026

• Week 2 History and Development of Accounting

  02 Oct 2026

• Week 1 Book-keeping and Accounting

  02 Oct 2026