The department is an academic department in the School of Business and Management Studies that was established in 2016 as one of the pioneer five departments in the Polytechnic. The core value of the department is Commitment, Accountability, Creative and Innovativeness, Integrity and Teamwork (CACIT) coined from the professional code and ethics of Accountants in line with the ethical code and conduct of the Institute of Chartered Accountants of Nigeria (ICAN). In line with this, students of the department of Accountancy are expected to dress corporate in and outside the classroom with a compulsory blue shirt and wine/red tie every Tuesdays. They are to comport themselves professionally, keep the rules and regulations of the department.
ND in Accountancy is designed to guide and enable the student have basic accounting knowledge as a technical level manpower who can effectively perform variety of functions in the practice of accountancy. The objectives of the ND Accountancy are to:
- demonstrate a basic knowledge of financial operations of different types of business.
- assist in the collection and integration of basic financial data for use in investment decisions.
- prepare final accounts of business.
- assist in the preparation of short and long term budget plans;
- collect and collate relevant financial information to aid superior officers and management in making financial decisions.
- interpret some basic ratio, statistical and financial data.
- carry out a preliminary survey and feasibility studies.
- understand the principles of financial accounting and their application to business situations.
The minimum entry requirement into the National Diploma (ND) programme in Accountancy is Five credit pass in the Senior School Certificate Examination (SSCE), National Examination Council (NECO) or National Business and Technical Examination Board (NABTEB) at not more than two sittings in English Language, Mathematics and any other three subjects from the following: Economics, Business Methods, Principles of Accounts, Literature in English, Commerce, History, Statistics, geography, Government Agric Science/Biology.
As at present the department has the following staff:
- Adewumi Ademola A, BSc, MSc, ACCA, ACA
- Akindutire Solomon O, HND, MBA, MSc, ACIB, FCCA
- Omole Ilesanmi I, HND, BSc, MBA, MSc, ACA, FCA
- Adesina O. D, HND, MBA, PGcomp.Sc. ACIB, AMNIM, BSc, MSc,
- Talabi Amos O, BSc, MSc
- Oyewole Kehinde S, MSc, BSc, PGD, HND, CISM
- Omula G. HND, BSc
- Ibo S. A, HND, PGDM, MSc