Professional

PRICE N30,000 PER COURSE

courses and LEARNING OBJECTIVES

TAXATION

TOPICS

  • Introduction to taxation
  • Tax administration in Nigeria
  • Revised National Tax Policy (NTP), 2017
  • Basic ethical issues in taxation
  • Assessments, objections, appeals and remittances
  • Withholding tax
  • Value added tax (VAT)
  • Stamp duties
  • Customs and excise duties
  • Luxury tax
  • Taxation of employment income
  • Taxation of trusts, settlements and estates
  • Taxation of investment income
  • Taxation of business income
  • Taxation of specialised businesses
  • Tertiary education tax

LEARNING OBJECTIVES

  • Explain the structure of the tax system including the roles, duties and powers of various organs of tax administration in Nigeria;
  • Explain the guiding principles of the revised national tax policy (NTP), 2017;
  • Identify and explain the five fundamental principles of ethics as specified by the International Ethics Standards Board for Accountants (IESBA);
  • Understand applicable rates of transactions taxes, compute and know payment and returns timelines (including offences and penalties);
  • Apply basic knowledge of tax legislators in computing income tax liabilities relating to individuals and corporate entities in simple situations.

 

COURSE CODE

A1

LEVEL

1(one)

TUTOR

 

BUSINESS MANAGEMENT & FINANCE

TOPICS

  • Nature of business, types and objectives
  • Business and organisational structures and choices
  • The business environment
  • The role of professional accountants in business and society
  • Basic management functions
  • Management, individual and organisational behaviour
  • Communications in business
  • Basics of business finance and financial markets
  • Investment decisions

LEARNING OBJECTIVES

  • Explain the underlining principles of management theory in the context of concepts, functions, ethical considerations and recent developments in business management process;
  • Explain behavioral aspects of management control and the importance of organizational structure and design;
  • Understand the basic concepts of leadership and requirements for effective communication within and outside a business organization;
  • Understand issues associated with building, leading and managing effective teams in the effective management of organizational conflict;
  • Explain the concept of strategy, alternative approaches to strategy development towards sustainable competitive advantage;
  • Prepare and present cash budgets for planning and explain main financial management decisions;
  • Understand the applications of basic economic theories and business planning to solving business environmental problems locally and globally for competitive edge.

 

COURSE CODE

A2

LEVEL

1(one)

TUTOR

 

FINANCIAL ACCOUNTING

TOPICS

  • Scope and purpose of accounting
  • Recording financial transactions
  • Errors and omissions
  • Control accounts and reconciliations
  • Bank reconciliation
  • Accounting treatment for bad and doubtful debts
  • Accounting treatment for accruals and prepayments
  • Accounting for property, Plant and Equipment (PPE) in accordance with IAS 16
  • Accounting for partnership, not-for-profit entities and incomplete records
  • Financial statements
  • Accounting policies, change in accounting estimates and errors (IAS 8)
  • Accounting for inventories
  • Preparation of simple financial statements and supporting notes
  • Applicable accounting standards – IAS 1, IAS 2, IAS 7, IAS 8, IAS 16

LEARNING OBJECTIVES

  • Explain the scope and purpose of accounting;
  • Understand types of business transaction and documentation;
  • Explain cash and bank transactions;
  • Explain and demonstrate the use of double-entry accounting principle;
  • Understand and prepare reconciliations;
  • Record transactions and events;
  • Prepare basic financial statements for corporate and non-corporate entities.

COURSE CODE

A3

LEVEL

1(one)

TUTOR

 

MANAGEMENT INFORMATION

TOPICS

  • Cost accounting
  • Cost classifications, codification, segregation and estimation
  • Accounting for cost elements
  • Costing methods
  • Costing techniques
  • Forecasting techniques
  • Budgeting
  • Basic variance analysis
  • Cost-Volume-Profit (CVP) analysis
  • Decision-making
  • Information systems
  • Electronic business and e-commerce
  • Information technology
  • Organisational support systems
  • The role of accountants in information system development
  • System security and control

LEARNING OBJECTIVES

  • Ascertain cost of a product or service using different costing methods and techniques;
  • Compute the minimum volume of a product or service to be sold in a period to meet a specific profit target;
  • Assess the challenges posed and opportunities offered by electronic business and electronic commerce and management solutions;
  • Explain the roles of accountants in information system development;
  • Identify ethical, social, and legal issues in the design and use of information systems.

COURSE CODE

A4

LEVEL

1(one)

TUTOR

 

BUSINESS LAW

TOPIC

  • The Nigerian legal and court systems
  • Partnership, company and insolvency laws
  • Company law
  • law of insolvency
  • Criminal law regulating businesses and professional accountancy practice
  • Law of contract
  • Agency
  • Law of torts
  • Sale of goods
  • Hire purchase
  • Insurance
  • Banking and negotiable instruments
  • Employment law
  • Law of trusts and administration of estate
  • Alternative dispute resolution mechanisms

LEARNING OBJECTIVE

  • Understand the nature, components and sources of Nigerian law as well as the court system in hierarchical order;
  • Understand the law on the nature, formation and management of partnership and companies;
  • Compare and contrast law and ethics;
  • Explain law of contracts (including e-contract), agency types, duties and rights, negligence and vicarious liability in professional practice, as well as types of goods, duties and rights of seller and buyers of goods, formation of hire purchase contracts and the duties of parties thereto;
  • Understand the key principles of insurance contract, negotiable instruments and the legal position of the parties to them;
  • Explain the basic law on banking, including the functions and duties of the Central Bank of Nigeria, other banks and financial institutions under the Central Bank Act and Banks and Other Financial Institutions Act;
  • Understand alternative dispute resolution (ADR) mechanism.

COURSE CODE

A5

LEVEL

1(one)

TUTOR

 

FINANCIAL REPORTING

TOPIC

  • Conceptual and regulatory frameworks for financial reporting
  • Tangible non-current assets
  • Intangible non-current assets (IAS 38)
  • Impairment of tangible and non-intangible assets (IAS 36)
  • Fair value measurement, financial assets and liabilities
  • Inventories and revenue from contracts (IAS 2, IFRS 15)
  • Provisions, contingent liabilities and assets, and events after the reporting period (IAS 10, IAS 37)
  • Income taxes (IAS 12)
  • Earnings per share (IAS 33)
  • Preparation and presentation of general purpose financial statements
  • Preparing and presenting financial statements of simple group (parent, one subsidiary and an associate)
  • Analyses and interpretation of financial statements
  • Ethics and current developments in financial reporting

LEARNING OBJECTIVE

  • Explain the importance of regulatory frameworks for accounting and reporting;
  • Identify and state the circumstances in which private sector entities are required to prepare and present statutory financial statements;
  • Identify and state the laws, regulations, accounting standards and other requirements that govern the preparation of financial statements by public and private sector entities;
  • Account for specific transactions in accordance with relevant international accounting standards;
  • Draft and present financial statements, or extract from them, of an entity and simple groups in accordance with its chosen policies and in accordance with International Financial Reporting Standards (IFRS) and local laws;
  • Assess the circumstances in which the use of IFRS may not be required for Companies;
  • Analyse and interpret financial statements of entities and simple groups;
  • Understand recent developments and ethical issues in the area of financial reporting.

COURSE CODE

B1

LEVEL

2(two)

TUTOR

 

AUDIT & ASSURANCE

TOPIC

  • Objectives, need for and process of audit and assurance
  • The nature and use of internal control
  • Gathering evidence
  • Professional ethics and public interest

LEARNING OBJECTIVE

  • Appreciate the objectives, processes and need for external audit and assurance;
  • Recognize and explain ethical and legal issues arising in audit and assurance scenarios;
  • Apply and advise on the specific provisions of the Companies and Allied Matters Act in carrying out the audit of companies;
  • Advise on appropriate internal controls to deter or detect mistakes, errors and frauds in the preparation of financial statements;
  • Prepare letters and circularise relevant parties in the course of the audit in accordance with the standards;
  • Understand and apply audit evidence that are sufficient and appropriate in aiding the expression of opinion on financial statements, in line with the International Standards on Audit;
  • Report to those that are charged with the governance of companies, in line with regulations and standards.

COURSE CODE

B2

LEVEL

2(two)

TUTOR

 

CORPORATE STRATEGIC MANAGEMENT & ETHICS

TOPIC

  • Introduction
  • Strategic analysis
  • strategic choice
  • Strategic implementation
  • Risk management
  • Governance
  • Ethics

LEARNING OBJECTIVE

  • Analyse a business position, make informed choices and implement chosen strategies;
  • Appreciate the impact of risk on corporate performance and implement programmes to mitigate it;
  • Differentiate between management and corporate governance and adopt best global practices to direct the affairs of an organization;
  • Appreciate the impact of ethics on organizations and develop skills for ethical decision-making.

COURSE CODE

B3

LEVEL

2(two)

TUTOR

 

PERFORMANCE MANAGEMENT

TOPIC

  • Overview of costs for planning and control
  • Cost planning and control for competitive advantage
  • Ethical issues in performance management
  • Budgetary system, planning and control
  • Variance analysis
  • Performance analysis
  • Performance analysis in non-for-profit organisations
  • Divisional performance and transfer pricing
  • Advanced decision-making and decision-support
  • Working capital management
  • Capital budgeting decisions
  • Strategic performance measurement
  • Performance and management system

LEARNING OBJECTIVE

  • Identify and apply appropriate budgeting techniques and standard costing to planning and control in business;
  • Select and apply performance measurement techniques;
  • Apply strategic performance measurement techniques in evaluating and improving organizational performance;
  • Discuss the accounting information requirements and the role of accountants in project management;
  • Select and apply decision-making techniques to facilitate efficient and effective business decisions in the use of scarce resources.

COURSE CODE

B4

LEVEL

2(two)

TUTOR

 

PUBLIC SECTOR ACCOUNTING & FINANCE

TOPIC

  • The constitutional and regulatory frameworks of public sector accounting
  • Public sector accounting concepts and pronouncements
  • Planning and budgeting
  • Accounting and financial reporting
  • Accounting for public sector organisations and government business entities
  • Public Sector Audit
  • Public finance

LEARNING OBJECTIVE

  • Understand the concepts and frameworks of public sector accounting;
  • Understand the roles, duties and powers of officers and various organs in the public sector;
  • Understand basic principles of public sector financial management;
  • Assess and evaluate the economic environment and role of the public sector in the economy;
  • Evaluate ethical and emerging issues in the public sector.

COURSE CODE

B5

LEVEL

2(two)

TUTOR

 

CORPORATE REPORTING

TOPIC

  • Ethical issues in and regulatory framework of corporate reporting
  • Performance reporting
  • Non-financial assets
  • Non-financial liabilities
  • Financial assets and liabilities
  • Segment reporting
  • Group financial statements
  • Global convergence of financial reporting and Nigerian Generally Accepted Accounting Principles (NGAAP)
  • New international accounting standards and exposure drafts
  • Social, environmental and ethical reporting
  • Sustainability and integrated reporting
  • Suitability of accounting policies and reported numbers
  • Analyses, interpretation and appraisal of financial and other reports
  • Limitations of financial analyses

LEARNING OBJECTIVE

  • Prepare and report information in financial statements and noted on complex single-entity, group (subsidiaries and associate) and all forms of business combinations;
  • Select, assess and present suitable accounting policies;
  • Analyse, interpret and evaluate financial information and disclosures;
  • Prepare and analyse financial statement to show the position, performance, prospect and risks of business;
  • Understand current issues in the reporting framenwork and corporate reporting;
  • Understand and assess creative accounting and aggressive earning management.

COURSE CODE

C1

LEVEL

3(three)

TUTOR

 

ADVANCED AUDIT & ASSURANCE

TOPIC

  • Ethical issues in and regulatory framework of corporate reporting
  • Performance reporting
  • Non-financial assets
  • Non-financial liabilities
  • Financial assets and liabilities
  • Segment reporting
  • Group financial statements
  • Global convergence of financial reporting and Nigerian Generally Accepted Accounting Principles (NGAAP)
  • New international accounting standards and exposure drafts
  • Social, environmental and ethical reporting
  • Sustainability and integrated reporting
  • Suitability of accounting policies and reported numbers
  • Analyses, interpretation and appraisal of financial and other reports
  • Limitations of financial analyses

LEARNING OBJECTIVE

  • Prepare and report information in financial statements and noted on complex single-entity, group (subsidiaries and associate) and all forms of business combinations;
  • Select, assess and present suitable accounting policies;
  • Analyse, interpret and evaluate financial information and disclosures;
  • Prepare and analyse financial statement to show the position, performance, prospect and risks of business;
  • Understand current issues in the reporting framenwork and corporate reporting;
  • Understand and assess creative accounting and aggressive earning management.

COURSE CODE

C2

LEVEL

3(three)

TUTOR

 

STRATEGIC FINANCIAL MANAGEMENT

TOPIC

  • Financial environment and role of financial manager
  • The nature and roles of financial markets and institutions
  • The nature and roles of money markets
  • Business analysis
  • International valuation standards
  • Bond valuation and analysis
  • Forecast and evaluate long term financial performance and position of a business
  • Investment appraisal
  • Sources of finance
  • Estimating cost of capital
  • Capital structure theories
  • Finance of small and medium-sized entities (SMEs)
  • Portfolio theory and asset pricing models
  • Acquisition and merger
  • Organic growth
  • Corporate reconstruction and re-organisation
  • Management of financial risks

LEARNING OBJECTIVE

  • Explain the purpose of financial management and evaluate the impact of macroeconomic environment on it;
  • Assess and advise on dividend decisions;
  • Evaluate and assess investment alternative and the value of business;
  • Evaluate alternative sources of finance;
  • Assess and plan alternative growth strategies and corporate re-organisation strategies;
  • Evaluate and apply alternative treasury and risk management techniques.

COURSE CODE

C3

LEVEL

3(three)

TUTOR

 

ADVANCED TAXATION

TOPIC

  • Tax administration
  • Companies Income Tax (CIT)
  • Taxation of investment income
  • Taxation incentives
  • Capital Gains Tax (CGT)
  • Non-resident taxation
  • Taxation of the digital economy
  • Tax treaties
  • Transfer pricing
  • Actions against base erosion and profit shifting (BEPS)
  • Regional integration and trade blocs
  • Current issues and emerging trends
  • International tax policy
  • Mergers and acquisitions
  • Tax practice management
  • Tax planning, avoidance and evasion
  • Tax audit and tax investigation
  • Ethics and professionalism in tax management
  • Tax accounting and reporting
  • Oil and gas taxation
  • Mining taxation

LEARNING OBJECTIVE

  • Apply and advise of specific provisions of the tax laws in computing the tax liabilities of companies;
  • Recognize and explain ethical and legal issues arising in taxation scenarios;
  • Gain knowledge of how to run and manage a tax practice firm;
  • Advise on tax planning including alternative tax treatments to defer or minimize tax liabilities;
  • Understand tax dispute resolution mechanisms;
  • Discuss tax policy formulation and apply the principles of the National Tax Policy to contextual scenarios;
  • Understand taxation pf the digital economy and other contemporary issues in international taxation;
  • Prepare petroleum profits tax computation in accordance with the relevant provisions of the Petroleum Profits Tax Act;
  • Liaise with tax officials, clients and other professionals in a suitable way.

COURSE CODE

C4

LEVEL

3(three)

TUTOR

 

CASE STUDY

TOPIC

  • Scenario requirements
  • Analytical tools
  • Ethical consideration
  • Assessment procedure

LEARNING OBJECTIVE

  • On completion of this course, you will be able to understand complex business issues, analyse financial and non-financial data, exercise professional and ethical judgements, draw conclusions and make recommendations.

COURSE CODE

C5

LEVEL

3(three)

TUTOR

 

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Why You Need Our Professional Courses

N

Flexible learning platform

N

Networking opportunities

N

Lecturers are always easily accessible

N

Affordable courses with detailed classes

Register Today

Why You Need Our Professional Courses

N

Flexible learning platform

N

Networking opportunities

N

Lecturers are always easily accessible

N

Affordable courses with detailed classes