Elizade University, one of the fastest growing institution ―ICAN President

THE President of the Institute of Chartered Accountants of Nigeria (ICAN) Mallam Muhammadu Zakari, has described Elizade University, Ilara Mokin, Ondo State as one of the fast growing Universities in Nigeria, training future accounting professionals.

Zakari who stated this at the weekend during the signing of Mutual Cooperation Agreement between ICAN and Elizade said the institution Accounting Programme remained one of the best in the country.

According to Zakari, the programme which is under the ICAN Mutual Cooperation Agreement with Tertiary Institutions (MCATI) and said the visitation team “was satisfied that the Department has exceeded the minimum eligibility criteria set by the Council of the Institute and consequently recommended the collaboration and signing of this Mutual Co-operation Agreement with Elizade University.

“The Mutual Cooperation Agreement requires that undergraduate accounting students will study using the integrated ICAN/NUC Approved Accounting Curriculum and those who graduate from the Accounting Department of Elizade University would be granted 11 subject exemptions.

He added that “the highest number of exemptions granted to any ICAN students as against seven 7 subjects exemption granted to students whose universities are under the normal ICAN accreditation scheme and it represents full exemptions from Foundation and Skills levels of ICAN Professional Examinations.

“This implies that students who are currently in 100 level as at the date of this signing, would be granted exemptions from all 5 papers in Foundation and 6 papers in Skill levels of the Institute’s examinations.

“On successful completion of their undergraduate accounting degree programme would be required to write just the five 5 subjects of the Professional level only to qualify as Chartered Accountants.

Speaking during the signing of the agreement,  the Vice Chancellor Prof Theophilus Fadayomi commended the founder of the university, Chief Micheal Ade Ojo for his vision to ensure that the institution remain one of the best in the country.

Fadayomi noted that the institution has become the cynosure of all eyes in recent times saying the institution had moved from academic base to professional excellence.

The VC promised that despite the realisation of the mission and vision of the founder on the institution, standard would not be compromised.

The Head of Department, Accounting and Finance, Dr Emmanuel Eragbhe assured that the Institute that under this agreement will continue to promote and assists its undergraduates to join ICAN for a challenging but highly rewarding career in accountancy.

Eragbhe said “The University will also continue to align the syllabuses of the four-year B.Sc. Degree programme in Accounting to meet the requirements of the ICAN professional qualification.