Land Mark University has gotten accreditation for its BSc. Accounting Programme by the Association of Chartered Certified Accountants (ACCA).
The body also certified it to have met ACCA standard. This was contained in the Certificate of Exemption presented to the university and by ACCA’s Executive Director (Strategy and Development) Mr. Allan Hatfield.
A letter by ACCA’s New Accreditations Officer, Mr. Jason Forbes, which accompanied the certificate, stated that from 2017 to 2021, LMU graduates would be exempted from six of the 14-modules requirement for the ACCA professional certification, which are Paper 1 – 5 and Paper 7.
This, according to ACCA, followed its assessment with the cohort courses in the university’s Accounting programme. Other accompanying documents were the Association official logo and recommended usage format by the university.
While receiving the certificate in his office, LMU Vice-Chancellor (VC), Prof Adeniyi Olayanju, said the institution’s Department of Accounting and Finance operates within a global benchmark with respect to teaching and research.
Olayanju recalled that Mr Ezekiel Oladiran from the Department of Accounting and Finance, who graduated this year, sat for the December 2016 ACCA examinations and emerged third best overall in Nigeria. Oladiran described the memorandum of understanding (MoU) the University signed with ACCA as a step in the right direction as it would further add value to the quality education the institution delivers.
The VC also recalled in glowing terms, other LMU’s milestones, including its acceptance into the Oracle Academy; signing of MoU with International Institute of Tropica Agriculture, (IITA); (National Space Research and Development Agency (NASRDA), among others, stressing the university’s desire to continue helping her graduates launch their careers and endow them with a employability status.
Head of Accounting & Finance Department, Dr. Tony Nwanji, appreciated the university management for the support towards the milestone. He assured that rather than rest on its oars, the department will continue making frantic efforts to further gain exemption from Paper F6 (Auditing), F8 (Taxation) and F9 (Financial Management).