Home » JUPEB Syllabus » Do you know anyone currently in the JUPEB program who has Accounting in their coursework? Do them a favor and share this with them.
At Syllabus.ng, we have carefully compiled a full list of the courses you will learn; and topics where your exam questions will come from. This is what your lecturers use to teach in class and you can’t afford to miss out on this.
Aside from that, we have also listed out some textbooks that will help you understand the topics in the syllabus even more. Have more questions? Check out our list of Frequently Asked Questions below. We’re sure you’ll find something you’re looking for.
Good luck with your exams!
With a pass in your JUPEB Accounting exam, you are on track to getting a degree in Accounting, Economics, Business administration or any Social Science course.
COURSE CODE | COURSE TITLE | CREDIT LOAD |
ACC001 | Basic Financial Accounting | 3 Units |
ACC002 | Basic Cost & Management Accounting | 3 Units |
| JUPEB ACCOUNTING SYLLABUS | ||
| SN | TOPICS | OBJECTIVES |
| FIRST SEMESTER | ||
| ACC001: BASIC FINANCIAL ACCOUNTING | ||
| 1 | INTRODUCTION | i. Nature of Accounting ii. Distinction between Book-Keeping and Financial Accounting iii. Importance of Financial Accounting and Users of Financial Accounting information iv. Types of Not-For-Profit Making Organisations v. Accounting Equations vi. Business Transactions and their Impacts on Accounting Equations vii. Analysis of Transactions in the Context of Accounting Equations |
| 2 | INTRODUCTION TO THE STRUCTURE OF INTERNATIONAL ACCOUNTING STANDARD BOARD (IASB) | i. The Structure of IASB ii. IASB Conceptual Framework iii. IAS/IFRS |
| 3 | BASIC STEPS INVOLVED IN BOOKKEEPING UP TO THE TRIAL BALANCE | i. Source Documents ii. Information contained in the Source Documents Subsidiary Books iii. The Principal Books of Accounts, i.e., Ledgers iv. Types of accounts/classification of accounts |
| 5 | DEBIT AND CREDIT ENTRIES IN ACCOUNTING | i. Principles of double entries |
| 6 | ACCOUNTING ERRORS AND CORRECTIONS | i. Limitations of the Trial Balance ii. Suspense Account iii. Control Account |
| 7 | BANK RECONCILIATION STATEMENT | i. Balance as per Business ii. Cash Book Balance as per Bank Statements |
| 9 | END OF PERIOD ADJUSTMENT | i. The Periodicity Concept ii. Matching Concept Capital Expenditure iii. Revenue Expenditure iv. Depreciation v. Allowance |
| 10 | FINANCIAL STATEMENT OF SOLE PROPRIETORSHIP | i. Preparation of financial statement of sole proprietorship |
| 11 | MANUFACTURING ACCOUNTS | i. Manufacturing accounts |
| 12 | PATNERSHIP ACCOUNTS | i. Introduction to partnership accounts |
| 13 | INCOMPLETE RECORDS | I. Introduction of financial statements incomplete records |
| 14 | ACCOUNTS OF CLUBS AND SOCIETY | i. Preparation of financial statements of not-for-profit organization |
| 15 | FINANCIAL STATEMENT OF LIMITED LIABILITY COMPANIES | i. Introduction to the preparation of financial statement of Limited Liability Companies |
| ACC002: BASIC COST AND MANAGEMENT ACCOUNTING | ||
| 16 | INTRODUCTION | i. Nature and Scope of Cost Accounting ii. Management Accounting Comparison of Cost and iii. Management with Financial Accounting |
| 17 | BASIC ELEMENTS OF COST | i. Introduction to Cost ii. Terminologies and Meanings iii. Components of Cost iv. Cost Classification and Behaviour v. Cost Estimation Technique |
| 18 | MATERIAL COSTING | i. Purchasing, receipts, storage and issuance of materials |
| 19 | QUANTITATIVE MODEL FOR MATERIAL AND STOCK CONTROLS | i. Identification of Costs of Inventory ii. Control of Inventory iii. Efficiency in Managing Material Costs iv. Valuation of Inventory |
| 20 | LABOUR COSTING | i. Introduction to Labour Costing and ii. Control Labour Remuneration Methods |
| 21 | OVERHEAD COST | i. Accounting for overheads |
| 22 | JOB COSTING | i. Features of job costing methods ii. Determination of job costs |
| 23 | COSTING TECHNIQUES | i. Absorption costing methods ii. Marginal costing techniques |
| 24 | COST VOLUME PROFIT ANALYSIS | i. Introduction to cost volume profit analysis |
| 25 | BUDGETING | i. Introduction to budgeting ii. Cash budget |
| 26 | INVESTMENT APPRAISAL | i. Basic elements of capital budgeting |
COURSE CODE | COURSE TITLE | CREDIT LOAD |
ACC003 | Basic Auditing | 3 Units |
ACC004 | Basic Principles of Nigerian Taxation | 3 Units |
| SECOND SEMESTER | ||
| ACC003: BADIC AUDITING | ||
| 27 | HISTORY OF AUDITING | i. Introduction to auditing |
| 28 | NATURE AND SCOPE OF AUDITING | i. Meaning of auditing |
| 29 | AUDIT FRAMEWORK | i. Legal/statutory framework ii. Conceptual framework iii. Regulatory framework |
| 30 | AUDIT COMMUNICATION | i. Documentation of audit-client agreement and framework |
| 31 | REPORT | i. Audit report |
| 32 | CONTEMPORARY ISSUES | i. Relevant issues in auditing and accounting |
| ACC004: BASIC PRINCIPLES OF NIGERIAN TAXATION | ||
| 33 | HISTORY OF TAX | i. History of tax and taxation in Nigeria |
| 34 | TAX AUTHORITIES IN NIGERIA | i. Federal ii. State iii. Local government |
| 35 | TAX ADMINISTRATION IN NIGERIA | i. Jurisdiction and taxes administered: a) Federal administered tax b) State administered tax c) Local government administered tax |
| 36 | BASIS PERIODS | i. Determination of basis periods for new business |
| 37 | COMPUTATION OF TAX LIABILITIES | i. Determination of tax liability |
1.Arogundade, J. A. (2005). Nigerian Income Tax and its
International Dimension. Ibadan: Spectrum Income Spectrum Books.
2. Chartered Institute of Taxation of Nigeria (2002). Nigerian Tax Guides and Statutes. Lagos: CITN,
3. Igben, R. O. (2004). Financial Accounting Made Simple, Vol. 1. Lagos: ROI Publishers.
4. Glautier Michel, Brian Underdown and Deigan Morris (2011). Accounting Theory and Practice (8th Financial Times. ed.). England: Prentice Hall-
T. (2005) Cost Accounting: A Managerial Emphasis.
5. Horngren, C. T. Prentice-Hall International.
6. Lucey, T. L. (2002). Costing. Singapore: Book Power.
7. Eilifsen, A. W. F. Messier, Glover, S. M. and Prawitt, D.F . (2006). Auditing and Assurance Services. London: McGrawHill.
8. Millichamp, A. H. (2000). Auditing. England: DP Publications.
9. Omolehinwa, E. O. (2005). Coping with Cost Accounting. Lagos: Pumark Nigeria Ltd.
10. Wood, F. and Sangster, A. (2014). Business Accounting Vols. 1 & II. NY: Prentice-Hall, Financial Times.
11. Omolehinwa, E. O. (2014). Foundation of Accounting: An IFRS Approach. Lagos. Pumark Nig. Ltd Educational Publishers.
12. Hopwood, Leiner and Young (2008). Forensic Accounting. New York, NY: MCGraw-Hill.
NOTE: Candidates are required to write 3 subjects in the qualifying examination)
JUPEB currently offers examinations in the following nineteen (19) subjects as detailed in its syllabuses. The subjects can be classified into 3 categories: Arts & Humanities, Management & Social Science and Sciences
The JUPEB Accounting exam usually lasts for 3 hours. 1 hour for the objective section and 2 hours for the theory section.
The exam will consist of 50 multiple-choice/objective questions, and 8 essay-type questions for you to answer 4.
The syllabus covers a wide range of topics, including audit framework, job costing, partnership accounts, etc
A full list of topics are listed in the syllabus above.
To prepare effectively, we would advise you to study the syllabus thoroughly, find and practice past questions, participate in group discussions, and seek clarification on topics you don’t understand from your lecturers.
Yes, a full list of recommended textbooks is listed above.
Some tips include understanding the topics in the syllabus, reading and understanding instructions on exam day, practicing time management before exams, and being as detailed as possible when answering theory questions.
The JUPEB Accounting exam is important if you are seeking admission into universities through the JUPEB program. It contributes to the overall assessment of your academic abilities and is your ticket to moving on to the 200 level in university.
