JAMB Subject Combination for Education Accounting
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Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the “language of business”, measures the results of an organization’s economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms “accounting” and “financial reporting” are often used as synonyms.
Accounting can be divided into several fields including financial accounting, management accounting, external auditing, tax accounting and cost accounting. Accounting information systems are designed to support accounting functions and related activities. Financial accounting focuses on the reporting of an organization’s financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, analysis and reporting of information for internal use by management.
The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system.
Accounting has existed in various forms and levels of sophistication throughout human history. The double-entry accounting system in use today was developed in medieval Europe, particularly in Venice, and is usually attributed to the Italian mathematician and Franciscan friar Luca Pacioli. Today, accounting is facilitated by accounting organizations such as standard-setters, accounting firms and professional bodies. Financial statements are usually audited by accounting firms, and are prepared in accordance with generally accepted accounting principles (GAAP). GAAP is set by various standard-setting organizations such as the Financial Accounting Standards Board (FASB) in the United States and the Financial Reporting Council in the United Kingdom. As of 2012, “all major economies” have plans to converge towards or adopt the International Financial Reporting Standards (IFRS)
The Bachelor’s Degree in Education Accounting is competitive. Knowing the prerequisites will enable you have seamless registration and also avoid unnecessary mistakes.
This page provides the following:
- Education Accounting O’Level Subjects and Requirements;
- Education Accounting Direct Entry Subject and Requirements;
- Education Accounting UTME Subjects Combination;
- And other useful information that will enable you to make the right choices so that you gain admission to study Education Accounting.
Please read the Education Accounting programme admission requirements below carefully. If you meet the required prerequisites you may proceed with your UTME/Direct Entry registration.
PLEASE NOTE: There are variations to the requirements listed below in some universities. In that case, it’s advisable you make references to the PDF version of JAMB Brochure.
List of Universities Offering Education Accounting
- ALVAN IKOKU FEDERAL COLLEGE OF EDUCATION, IMO STATE.(AFFL TO UNIV OF NIGERA, NSUKKA) – EDALV
- IMO STATE UNIVERSITY, OWERRI, IMO STATE – IMSU
- OLABISI ONABANJO UNIVERSITY, AGO-IWOYE, OGUN STATE – OOU
UTME and Direct Entry Requirements to Study Education Accounting
Direct Entry Requirement for Education Accounting:
- Two (2) A Level passes in Business Method and one (1) Social Science subject.
UTME Requirement for Education Accounting:
- Five (5) SSC credit passes including English Language, Mathematics, Economics and two (2) other relevant subjects.
UTME Subject combination for Education Accounting:
- Mathematics, Economics and any other Social Science subject.
NOTE: Kindly make references to JAMB Brochure for remarks/waiver for Education Accounting. CLICK HERE TO ACCESS JAMB BROCHURE.
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