ACCA Accredits Covenant University’s Accounting Programme
The Association of Chartered Certified Accountants (ACCA) has announced its accreditation of the Accounting programme of Covenant University.
The Acting Head, ACCA, Nigeria, Mr. Olatunji Adeleye, made the disclosure on Wednesday, February 8, 2017, when he led representatives of his organisation to pay a courtesy visit to the Management of Covenant University led by the Vice-Chancellor, Professor AAA. Atayero.
Graduates of a typical Nigerian university, according to Mr. Adeleye, are entitled to four exemptions with similar accreditation but, with the work the ACCA had done, it was able to get every single Accounting graduate of Covenant University six (6) exemptions with effect from January 1, 2017.
He said that the ACCA was working with Covenant University, particularly the Accounting Department, to secure the maximum exemption within the shortest possible time so as to ensure that the University stands head and shoulder above all universities in Nigeria. “Because you are producing Accounting graduates that are exceptional,” he added.
Information about the accreditation of CU’s Accounting programme, said Mr. Adeleye, already exists on the ACCA website, “so that anybody that is looking for an exemption goes to our site, and once you check the exemption on our site, it takes you to CU”.
Speaking on the benefits accruable to Covenant University from the new development, the Head, Education and Development, Sub-Saharan Region, ACCA, Mr. Jonathan Mbewe, said that the University and his organisation would be working together to attract the best talents to be Accounting graduates and get the ACCA qualification.
Students, he averred, can see coming to Covenant University as an opportunity to kill two birds with one stone as when the students graduate, the ACCA will support them at the professional level.
The ACCA representatives used the occasion to propose full partnership with Covenant University in terms of capacity building for faculty and staff and other initiatives, while the organisation also expressed its desire to sign a Memorandum of Understanding (MoU) with the University.
In her comments, the Head, Department of Accounting, Dr. Olubukunola Uwuigbe, who thanked the ACCA for partnering with the University, said that Covenant University has always been ranked the best in Nigeria, which explains why it always goes for the best. The University, she said, wants more than the six exemptions possibly before the end of 2017.
The Vice-Chancellor, Covenant University, Professor AAA. Atayero, in his remarks, welcomed the partnership between the University and the ACCA, stating that both organisations would have to go ahead and sign a MoU that is all-encompassing.
He emphasised the University’s huge interest in research, which is the focal point of its goal for the year – ReCiTe (meaning Research is our responsibility, Citation and Innovation leading to Income, Teaching is our goal) – in line with the University’s Vision of being one of the top 10 universities in the world by the year 2022.
Also in the ACCA entourage were its Business Relationship Manager, Mr. Kenny Oluwadare, who is an alumnus of Covenant University; and the Marketing Manager, East and West Africa, Ms. Mukoso Eddie-Obiakor.
The University was also represented by the Deputy Vice-Chancellor, Professor Shalom Chinedu; Registrar, Mrs. Mary Aboyade; Director, Financial Services, Pastor Bayo Oladehinbo; Dean, College of Business and Social Science, Professor Francis Iyoha; Director, Vice-Chancellor’s Office, Dr. David Omole; and the immediate past Head, Department of Accounting, Dr. Uwalomwa Uwuigbe.